Good morning.
The Fast Five → Google erases a record $500 billion in worst day ever, Wall Street's loving Microsoft's Q1 results, DoorDash gobbles up Instacart, ECB President Lagarde resigns, world’s largest crypto hack impacts $6.3 billion…
📌 Billionaires’ quant explains why Micron crashed, and the next AI stock set to soar →
(from Chaikin Analytics)
Calendar: Full Calendar »
Today:
Employment Cost Index, 8:30A
Monday:
ISM Manufacturing PMI, 10:00A
Your 5-minute briefing for Friday, October 30 🎃
BEFORE THE OPEN
As of market close 10/29/2026.
Pre-Market:
Market Wrap:
Futures: Dow -104, S&P -1%, Nasdaq -2.1%
Fri: S&P -0.3%, Nasdaq -1.4%
Amazon sank 6% after disappointing earnings
Intel plunged 21% on weak guidance
Alphabet tumbled 12%, pressuring tech stocks
CoreWeave has lost 30% in October
October: Dow +2.8%, S&P +0.9%, Nasdaq -2.5%
EARNINGS
Here’s what we’re watching:
Today: *Chevron $CVX ( ▲ 0.99% ), *Exxon $XOM ( ▲ 0.7% )
"Perfect Storm" Worse Than 2008
Prominent financial analysts are now predicting a "perfect storm" for the stock market that will rival 2008.
But 60-year Wall Street legend Marc Chaikin is calling for a totally different kind of shock.
Marc calls it an "AI Demand Shock" – and it's responsible for recent moves on Broadcom, up 904%... Palantir, up 3,035%... And Powell Industries, up as much as 3,427%.
Marc explains exactly what a "Demand Shock" is and where AI will create one next, right here on this page.
- A sponsored message from Chaikin Analytics -
HEADLINES
Stocks slump, bonds leap as AI giants' spending spooks investors (more)
Last snapshot of the US economy before midterms shows stronger growth but higher inflation (more)
US GDP accelerates to 3.4% in Q3 (more)
10-yr hovers above 5% after strong GDP report, rising inflation data (more)
Sen. Warren demands answers from Anthropic on ‘existential’ risks by Nov. 3 (more)
BOJ declares victory in hitting price target, signals near-term hikes (more)
ECB Pres. Lagarde resigns at time of mounting challenges for Europe (more)
PCE inflation shows prices ticked higher in September (more)
Oil prices fall as peace hopes offset fears (more)
DoorDash gobbles up Instacart in $17B deal (more)
Alphabet still has the ingredients to win in an AI pullback (more)
Wall Street's top analysts are loving Microsoft's Q1 results (more)
Volkswagen reports its worst results in a decade (more)
ServiceNow shares plunge 27% to worst day ever (more)
Shell and Total post highest quarterly profit since 2022 (more)
Eli Lilly stock jumps as drugmaker raises outlook on booming sales (more)
Kalshi raises $1B at $40B valuation as it expands beyond prediction markets (more)
Apollo’s twin deals reveal Wall Street’s AI money problem (more)
Situational Awareness pitches investors on Fluidstack fundraise (more)
DEALFLOW
M+A | Investments
DoorDash strikes $17B deal for US rival Instacart
Kushner’s Thrive Holdings to buy ADT for $7.6B in cash
Perrigo to sell infant formula business to MeridianMade for up to $175M
Atlas Health receives investment from InTandem Capital Partners
VC
Group14 Technologies, a manufacturer/supplier of silicon battery materials, raised approx. $169M in Series D extension funding
Serval, an enterprise service management and automation platform, raised $150M in Series C funding
Solink, an AI vision intelligence platform, raised $100M+ in new funding
Collective, an AI-native financial operating system, raised $100M in funding
Casap, an AI agent platform for financial services, raised $56M in Series B funding
Wabi, a personal AI assistant, raised $55M in funding
Opentrons Labworks, a company specializing in AI-native laboratory automation, raised $40M in Series E funding
StimCardio, a medical device company developing wearable therapeutics for atrial fibrillation, raised $30M in Series A financing
Skoka, a nicotine pouch company built for adult nicotine consumers, raised $21.5M in funding
Midstream Health, an autonomous financial operations platform for health systems, raised $20M in Series A funding
Dream, a product and research company automating design and engineering with built world models, raised $17M in Seed funding
Rocker, a context-aware AI assistant and corporate intelligence platform for enterprise teams, raised $12.85M in funding
TrashLab, an AI-native operating system for waste haulers, raised $12M in funding
Crux Labs, a platform to turn enterprise judgment into continuous AI agent improvement, raised $6M+ in funding
Mochatrade, a trading platform, raised $5.5M in Seed funding
SpendRule, an AI contract enforcement platform for health systems, raised $4M in Seed funding
NewEdge Power, a utility-scale and distributed power development platform, raised an undisclosed amount in new funding
CRYPTO
BULLISH BITES
⚔️ Inside the billionaires’ war against California’s proposed wealth tax.
🤔 The four academics who dreamed up California’s billionaire tax.
📚 The brutal Harvard class that suddenly everyone wants to take.
🗝️ Architectural Digest rounds up 12 historic hotels that double as time capsules.
DAILY SHARES
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