Good morning.
The Fast Five → Fed holds fire, US trade deficit widens, Google falls after earnings miss, investors eye Brazilian equities after election selloff, and see the Trump admin’s stock portfolio that spans more than 40 companies…
📌 Elon's $119 billion project could send THIS stock soaring →
(from Brownstone Research)
Calendar: Full Calendar »
Today:
Advance GDP, 8:30A
Core PCE Price Index, 8:30A
Unemployment Claims, 8:30A
Tomorrow:
Employment Cost Index, 8:30A
Your 5-minute briefing for Thursday, October 29:
BEFORE THE OPEN
As of market close 10/29/2026.
Pre-Market:
Market Wrap:
Futures: S&P -0.5%, Nasdaq -1.2%
Wed: S&P rose for a third day; Nasdaq +0.3%
Alphabet plunged 9% after disappointing earnings
Microsoft gained 3% on strong Azure growth
Fed held rates steady at 3.75%–4%
Micron surged 6%, lifting chip stocks
Focus shifts to PCE, GDP, and Amazon earnings
EARNINGS
Here’s what we’re watching this week:
Today: *Eli Lilly $LLY ( ▲ 0.5% ), Intel $INTC ( ▲ 1.91% ), Roblox $RBLX ( ▼ 2.19% ), Starbucks $SBUX ( ▲ 0.16% ), Strategy $MSTR ( ▲ 2.66% )
*Caterpillar $CAT ( ▲ 0.01% ) - $7.03 EPS (+42% YoY), on $20.7B revenue (+17.6% YoY)
Amazon.com $AMZN ( ▲ 0.59% ) - $1.96 EPS (+0.05% YoY) on $202.2B revenue (+12.2% YoY)
FRI: *Chevron $CVX ( ▲ 0.43% ), *Exxon $XOM ( ▲ 1.17% )
"Elon Musk's One Stock Retirement Plan"
Legendary investor Stanley Druckenmiller once said:
“You don't get rich by diversifying into 50 mediocre assets. You get rich by finding two or three asymmetric home runs.”
Jeff Brown just found this NEW asymmetric home run he calls “Elon Musk’s One Stock Retirement Plan.” (Click here for details.) →
- A sponsored message from Brownstone Research -
HEADLINES
The Fed voted to leave interest rates unchanged today as officials seek more information to decide whether additional hikes would be necessary to tame inflation.
A $30 billion spending spree is slated to give the government stakes in chip firms, miners and more.
Wall St ends higher as Fed holds key rate steady, focus turns to earnings (more)
AI giants’ funding ambitions test Wall Street’s appetite for risk (more)
Investors eye Brazilian equities after election selloff (more)
US trade deficit widens, AI-related demand pushes imports to record high (more)
Dollar steady after Fed hold leaves rate path murky (more)
Oil slips on hints of renewed diplomacy with Iran (more)
Diesel prices may stay elevated into spring 2027, fuel executives warn (more)
Natural gas emerges as key AI bottleneck, Anthropic S-1 filing shows (more)
World Bank sees commodity prices up 23% in 2026 due to Mid-East war (more)
Google falls amid fears of AI overspending (more)
Nvidia forges supplier agreements to expand capacity for AI (more)
Oracle eases AI spending worries with plan to turn cash flow positive (more)
Intel to report Q3 earnings as chip stocks continue to rebound (more)
Some BP board members favor breakup of $129 billion oil giant (more)
Wendy’s gets $1.4 billion take-private offer from Peltz-led group (more)
DEALFLOW
M+A | Investments
GE Vernova to pay $9B for grid supplier Trench Group
I Squared Capital to acquire Orizon Aerostructures
GT Metabolic Solutions receives Series C investment from J.P. Morgan Life Sciences Private Capital
TempusDirect receives investment from Aldrich Capital Partners
Golden Age Health receives investment from Kos Biotechnology Partners
Kanahoma receives investment from Virent Capital
VC
Re:Build Manufacturing, an advanced manufacturing platform, raised $2.1B in new funding
Bedrock Robotics, a provider of autonomous systems for heavy equipment, raised $600M in Series C financing
Firehawk Defense, a provider of energetics and propulsion solutions, raised $150M in Series D funding
Foundry Robotics, an autonomous assembly platform for advanced manufacturing, raised $100M in Series A funding
Fragment, an enterprise AI platform for direct procurement operations, raised $56M in total funding across a Seed and Series A
Broccoli, an AI platform for home-services businesses, raised $52M in Series A and Series B financing
Numeracle, an entity identity management platform, raised $28M in funding
Emvolon, a provider of modular waste-to-fuel technology, raised $22M in Series A funding
Rendezvous Robotics, a provider of modular spacecraft designed to assemble, expand, and adapt in orbit, raised $20M in Seed funding
Plato, a provider of simulated workplaces for AI training and evaluation, raised $16M in Series A funding
Archera, a cloud economics platform, raised $15M in Series C funding
American Advanced Materials, an AI-native advanced materials platform, raised $12.5M in Seed funding
Blue Arbor Technologies, a provider of neuromuscular interfaces and new prosthetic control solutions, raised $10.5M in Series A financing
Sava, a provider of administrative trustee services and agentic software infrastructure for the trust and estate industry, raised $10M in funding
Sunshine Buns, a provider of frozen cinnamon rolls, raised $7M in Series A funding
Northstar Security, an agentic AI platform that connects security and IT data, raised $7M in Seed funding
Loamy, an agentic AI operations platform for the food supply chain, raised $6M in Seed funding
Offe Market, an online marketplace connecting shoppers with excess inventory from fashion and lifestyle brands, raised $3M in Seed funding
Edge Sound Research, a provider of perception infrastructure for AI to understand the physical world, raised $2M in funding
Manicule, an Agent Relations engine, raised $1.3M in Seed funding
CRYPTO
BULLISH BITES
🧐 What caught Robinhood's CFO's eye in the Anthropic IPO prospectus.
⚖️ Big Law faces its reckoning.
💰 Grand theft AI: Highway thieves are stealing millions in data center gear.
✈️ This $48.5M Wyoming estate comes with its own aircraft hangar.
DAILY SHARES
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