🧠 Wall Street private credit worries intensify after Dimon's 'cockroach' warning

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🏛️ Financial News

• US Tariffs 🗽 Yahoo! Finance: S&P analysis of 9,000 companies worldwide finds the real cost of tariffs and other corporate costs: $1.2T

  • Yahoo! Finance: Goldman sees US consumers paying more than half of Trump Tariffs

  • CNBC: Trump threatens China with cooking oil embargo over soybean snub

  • CNBC: Trump approves expanding credits for US auto production, issues new 25% truck dutiesa is delayed by shutdown

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📊 Global Markets

• S&P 500 $VOO ( ▲ 0.56% ) Sherwood by Robinhood: S&P 500 and Nasdaq 100 both ended well in the green, while the Russell 2000 suffered a loss

  • Yahoo! Finance: Wall Street Warns S&P 500 Dip Buyers of More Turbulence Ahead

• Europe Markets $STOXX ( 0.0% ) 🏰 euronews: European markets turn gloomy as US–China trade war looms

  • euronews: Euronext backs German push for single European stock exchange

• China Markets $MCHI ( ▼ 0.14% ) 🐉 Business Times Singapore: In China, global companies struggle as home-grown brands steal thunder

• India Markets $NSEINDIA.P ( 0.0% ) 🕌 Financial Express: Markets maintain momentum ahead of Diwali: Nifty closes above 24,700, Sensex up 480 points

• Gold Market $GLD ( ▼ 1.88% ) 🧈 Bloomberg via Yahoo! Finance: Gold notches biggest gain since 2020 as precious metal goes 'parabolic’, as Silver Surges

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🏦 Banks & Financials

• Analyst Sentiment 📊 Yahoo! Finance: Wall Street credit worries intensify after Dimon's 'cockroach' warning 

• Regional Banks 🏧 CNBC: Regional banks and Jefferies shares tank as concerns grow on Wall Street about sour loans

• National Banks $GS ( ▼ 0.97% )  🏦 CNBC: Goldman Sachs beats estimates on better-than-expected investment banking, bond trading

• National Banks $JPM ( ▼ 0.33% )  🏦 CNBC: JPMorgan Chase tops estimates as trading revenue hits a record of nearly $9B

• National Banks $BAC ( ▲ 1.67% )  🏦 CNBC: Bank of America tops expectations on 43% surge in investment banking revenue

• Financial Services $C ( ▲ 0.84% )  💳 CNBC: Citi reports a rise in earnings with every business posting record third-quarter revenue

• Financial Services $AXP ( ▲ 7.27% )  💳 Yahoo! Finance: Amex Earnings Top Estimates as Platinum Card Demand Surges

•  Private Equity $BLK ( ▼ 0.87% ) 💼 Reuters: BlackRock's assets hit record $13.46T on Q3 markets rally, M&A boost

• 📊 Avoid single-stock exposure with Sector ETF GPT Generate sector-specific portfolio ideas, such as technology, discretionary, health care and more.

🛍 Staples & Discretionary

• Retail : eCommerce $WMT ( ▲ 1.18% ) 🔅 CNBC: Walmart teams up with OpenAI to allow purchases directly in ChatGPT

• CNBC: Walmart deploys millions of new sensors in retail’s first large-scale deployment of IoT tech

•  Automakers $STLA ( ▲ 3.23% )  🚗 CNBC: Jeep parent Stellantis announces $13B US investment plan

• Restaurants : Fast Casual $DPZ ( ▼ 0.17% )  🍕 Yahoo! Finance: Domino's Pizza tops quarterly results estimates as US consumers seek value meals 

• Staples : Goods $NST🍫 euronews: Nestlé plans 16,000 job cuts as new CEO Philipp Navratil sets out strategy

• Airlines $UAL ( ▲ 0.97% )  ✈️ Yahoo! Finance: United reports Q3 earnings beat, upbeat profit and margin guidance

• Insurance : Property & Casualty $PGR ( ▲ 1.75% )  ☂️ Yahoo! Finance: Progressive misses Q3 earnings and revenue estimates after recording a $950M policyholder credit expense tied to excess profits in Florida

• Restaurants : Food Delivery $DASH ( ▼ 1.35% ) 🍔 TheVerge: DoorDash will use Waymo’s robotaxis for delivery in Phoenix

• Healthcare : General $JNJ ( ▲ 0.57% ) 💊 FierceBiotech: Johnson & Johnson beat Q3 earnings and revenue estimates, move to spin off orthopedics unit is 'all about shrinking to grow faster,' exec says

• 📊 Avoid single-stock exposure with Sector ETF GPT Generate sector-specific portfolio ideas, such as technology, discretionary, health care and more.

🌐 Technology 

• Semi-conductors : Foundry $TSM ( ▼ 1.59% )⚡ CNBC: TSMC profit surges 39% to beat estimates and hit yet another record on AI chip demand

• Semi-conductors : ASICs $AVGO ( ▼ 1.36% )⚡ CNBC: Broadcom stock pops on OpenAI custom chip deal, adding to Nvidia and AMD agreements

• Semi-conductors : Manufacturing $ASML ( ▲ 0.95% )  ⚒️ CNBC: ASML looks to calm fears over 2026 growth as it warns of China sales decline

•  Data Center : Memory $MU ( ▼ 0.07% )  🧠 South China Morning Post: Micron to cease supply of server memory chips to data centres in China after ban

• B2B Technology $ORC ( ▲ 0.41% )  🌐 Yahoo! Finance: Oracle stock jumps as company says cloud revenue will skyrocket to $166B by 2030

  •  CNBC: Oracle stock drops 7% as some skeptics question lofty AI targets

• Hardware : Business $HPE ( ▲ 2.04% )  💻 Sherwood by Robinhood: Hewlett Packard sinks on disappointing revenue, profit, and free cash flow guidance for fiscal 2026

• Communications $META ( ▲ 0.68% )  👥 Sherwood by Robinhood: Meta strikes $30B deal with Blue Owl to finance Hyperion data center

  • Reuters via Yahoo! Finance: Meta taps Arm Holdings to power AI recommendations across Facebook, Instagram

• Software : ERP $CRM ( ▼ 1.19% )  💼 Sherwood by Robinhood: Salesforce rises after forecasting revenue north of $60B by 2030, with double-digit sales growth expected to return

•  Data Management $SNOW ( ▲ 0.28% )  W❄️Sherwood by Robinhood: Snowflake jumps on Palantir partnership announcement

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🦾 Artificial Intelligence

• Investor Sentiment 📊 Business Insider via Yahoo! Finance: JPMorgan estimates 30 AI stocks have made Americans $5T richer in the last year

  • CNBC: A guide to the $1 trillion-worth of AI deals between OpenAI, Nvidia and others

• Technology Sentiment 🌐 CNBC: Utilities grapple with a multibillion question: How much AI data center power demand is real

• Frontier LLMs : OpenAI 🤖 Yahoo! Finance: OpenAI would have to spend over $1T to deliver its promised computing power. It may not have the cash

  • TechCrunch: OpenAI pauses Sora video generations of Martin Luther King Jr.

  • TechCrunch: Sam Altman says ChatGPT will soon allow erotica for adult users

• China AI 🐉 CNBC: Alibaba says its AI spending in e-commerce is already breaking even

• State Regulations : California 🏛️ TechCrunch: California becomes first state to regulate AI companion chatbots

• Banking Adoption 🏦 CNBC: Big banks like JPMorgan Chase and Goldman Sachs are already using AI to hire fewer people

• Healthcare Adoption 🩺 CNBC: AI tools are entering the doctor’s office and clinicians need to be prepared

• 📧 Subscribe to Unprompted Invest beyond Nvidia in the $15T global AI market, from infrastructure, ingest & training, and inference (Coming soon)

We’ll be back next Saturday morning to recap the week’s financial news.

Thanks to MorningBrew for sponsoring.

✨ Happy Unprompting,

Rawee
[email protected]

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