BEFORE THE OPEN

Pre-Market:

US Investor % Bullish Sentiment:
↑33.86% for Week of OCT 23 2025

Market Wrap:

• Futures steady: Dow –33 (-0.07%), S&P flat, Nasdaq +0.02%.

• S&P hit 6,900 intraday; Dow +162; Nasdaq +0.8%.

• Fed expected to cut 25 bps Wednesday; Powell’s tone in focus.

• Markets still pricing in a December cut.

• “Mag 7” earnings up next: Alphabet/Meta/Microsoft Wed; Apple/Amazon Thu.

• Trump–Xi meeting may further ease tariff overhang.

• Risks persist: high valuations + ongoing shutdown.

EARNINGS

Here’s what we’re watching this week:

• Today: *Boeing $BA ( ▼ 4.37% ), Chipotle $CMG ( ▼ 1.24% ), Meta $META ( ▲ 0.03% ), Microsoft $MSFT ( ▼ 0.1% ), Starbucks $SBUX ( ▼ 1.48% ), *Verizon $VZ ( ▲ 2.26% )

  • *Alphabet $GOOGL ( ▲ 2.66% ) - $2.28 EPS (+7.5% YoY) on $100B revenue (+13.2% YoY)

• THU: *Eli Lilly $LLY ( ▼ 0.8% ), Estee Lauder $EL ( ▼ 1.42% ), Reddit $RDDT ( ▼ 1.03% ), *Roblox $RBLX ( ▲ 1.53% ), *Roku $ROKU ( ▼ 0.4% ), Shake Shack $SHAK ( ▼ 1.5% ), *SiriusXM $SIRI ( ▼ 1.59% )

  • Amazon $AMZN ( ▲ 0.46% ) - $1.56 EPS (+9.1% YoY) on $177.7B revenue (+11.8% YoY)

  • Apple $AAPL ( ▲ 0.26% ) - $1.76 EPS (+81.4% YoY) on $102.1B revenue (+7.6% YoY)

• FRI: *Chevron $CVX ( ▲ 0.63% ), *Exxon $XOM ( ▲ 1.23% )

Full calendar here »

A MESSAGE FROM BROWNSTONE RESEARCH

The Tesla Shock Nobody Sees Coming 

While headlines scream "Tesla is doomed"...

Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs.

One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as January 29.

Click here to see the Tesla shock that could blindside everyone »

- a message from Browstone Research -

HEADLINES

Nvidia CEO Rebuts Fears of AI Bubble as He Lines Up Partners

Apple Becomes Third Stock in History to Top $4 Trillion in Value

• Wall St indexes post records as Nvidia jumps, megacap earnings ahead (more)

• The Fed's decision is on deck. Here's what to expect. (more)

• Wall Street shrugs off credit worries even as more cracks emerge (more)

• Americans are starting to get fed up with the shutdown (more)

• Consumer confidence slips to 6-mo low; worries over job availability rising (more)

• Gold hits three-week low amid US-China trade progress (more)

• Oil steady after three-day drop with focus on Russia, stockpiles (more)

• Dalio: A risky AI market bubble is forming, but may not pop until Fed tightens (more)

  • Ark Invest CEO Cathie Wood flags AI market correction risk (more)

• Nvidia shines, nears $5B market cap after flurry of moves at GTC (more)

• Nvidia's $1B stake sends Nokia to decade-high (more)

• Tesla eyes internal CEO candidates if Musk leaves over pay vote (more)

• Microsoft shares once again surpass $4 trillion valuation, joining Nvidia (more)

• OpenAI completes restructure, solidifying Microsoft as a major shareholder (more)

• UPS stock rallies after company discloses 48,000 layoffs (more)

DEALFLOW

M+A | Investments

• Apple suppliers Skyworks Solutions and Qorvo agree to create $22B radio-chip giant

• Microsoft & OpenAI reach restructuring deal, removing fundraising constraints

• Cygnet Energy to acquire Kiwetinohk Energy in ~$1 billion deal

• Barclays to buy US personal-loan firm Best Egg for $800M

• Indico Data receives strategic investment from Aviva Ventures

VC

• Fireworks AI, an AI inference cloud powering production AI applications for tech companies, raised $250M in a Series C funding round

• Sublime Security, an agentic email-security platform, raised $150M in Series C funding

• ConductorOne, an AI-native identity security platform provider, raised $79M in Series B funding

• CoreStory, a code intelligence company, raised $32M in Series A funding

• Syllo, a litigation workspace, raised $30M in growth funding

• Agtonomy, a software and services company specializing in AI solutions for agriculture and land management, raised $18M in Series B funding

• Uptiq.ai, an AI infrastructure for financial services, raised $12M in funding

• Sweatpals, a fitness platform enabling people to build meaningful connections through movement, raised $12M in Seed funding

• WideField Security, a platform offering complete visibility and protection for the entire identity lifecycle, raised $11.3M in Series A funding

• Spacial, an AI-powered platform automating residential engineering and design workflows, raised $10M in Seed funding

• Wild Moose, an AI-powered SRE platform acting as a first responder for production incidents, raised $7M in Seed funding

• Cylerity, a healthcare fintech company, raised $4M in equity Seed funding

• Flamingo, a platform for IT service providers, launched from stealth with $2.2M in pre-Seed funding

• iPNOTE, a legal tech platform that streamlines intellectual-property management workflows, raised $1M in Deed funding

CRYPTO

• Bitcoin sinks below $113K as stocks hit records (more)

• Bitcoin ‘too expensive’ for retail, threatens to end bull market cycle (more)

• Western Union picks Solana for its stablecoin and crypto network (more)

BULLISH BITES

💰 Bankrupt to billionaire after retirement? * 

💼  What Amazon’s mass layoffs are really about.

📚 Elon Musk challenges Wikipedia with his own AI encyclopedia.

🤖 OpenAI’s less-flashy rival might have a better business model.

🎵 The website reshaping live music, one set list at a time.

DAILY SHARES

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