finance

20
Oct

Earnings Hints & Reports — October 20, 2026 — Midday Update — Last 12 Hours (Pacific Time)

Hasbro surged on a massive EPS beat, RTX climbed with a $0.48 upside surprise, and Iridium posted an extraordinary $0.64 beat, leading Q3 earnings season with defense and industrials outperforming while guidance caution weighs on some results.
6 min read
20
Oct

Stock Market News — October 20, 2026 — Morning Update — Last 12 Hours (Pacific Time)

Wall Street staged a midday reversal Tuesday as healthcare stocks surged and oil prices retreated, though the AI infrastructure trade continued unraveling with CoreWeave hitting a 52-week low and South Korean firm Elice plunging 28% on debut. Salesforce's $5.66 billion Braze acquisition and strong e
8 min read
16
Oct

Stock Market News — October 16, 2026 — Friday Evening — Last 12 Hours (Pacific Time)

The Nasdaq suffered its worst week since late June with a 4.5% decline as CoreWeave's bond crisis and rising debt concerns rattled the AI trade. Tech stocks led the selloff, with the S&P 500 breaking below its 200-day moving average and semiconductor names like Snowflake and Okta tumbling 8-10%, whi
7 min read
16
Oct

Global Business News — October 16, 2026 — Friday Evening — Last 20 Hours (Pacific Time)

Anthropic secured a landmark $60B chip financing deal with Blackstone at over 10% yield and signed its first Canadian data centre lease, marking a major capital-intensive phase in AI infrastructure buildout. Meanwhile, Copart completed its acquisition of ACV Auctions, and Turkish Airlines ordered 30
10 min read
16
Oct

Stock Market News — October 16, 2026 — Morning Update — Last 12 Hours (Pacific Time)

Nasdaq tumbles over 1% toward worst week since June as AI trade unwinds and memory chips plummet, while Indonesia's stock market crashes 11%—its worst day since 1998. Apple's new foldable iPhone Duo sells out in minutes, providing rare bright spot amid broad risk-off sentiment.
8 min read
16
Oct

Mortgage Rates — 30 Yr. Fixed: 7.37% - October 16, 2026 — Today (Pacific Time)

US mortgage rates for October 16, 2026: 30-Yr Fixed at 7.37% (+0.04% daily, -0.11% weekly). 15-Yr Fixed at 7.04%. Full rate table and trends inside.
1 min read
15
Oct

Global Business News — October 15, 2026 — Evening Update — Last 12 Hours (Pacific Time)

Proofpoint acquired Varonis Systems for $6.3 billion in a landmark cybersecurity deal, while City Therapeutics priced its upsized IPO at $18/share. The biotech and pharma sectors dominated with FDA approvals and clinical trial clearances, as regional bank consolidation advanced with Colony Bankcorp'
7 min read
15
Oct

Insider Trading Signals — October 15, 2026 — Evening Update — Last 12 Hours (Pacific Time)

Insider selling dominated the past 12 hours with $219.5M in sales versus just $25.6M in purchases. Top bearish signals include Kinetik Holdings' $109.5M block sale, Talos Energy's $51.8M liquidation by a controlling shareholder, and BJ's Wholesale Club CEO Robert Eddy's $19.7M exit—signaling strong
8 min read
15
Oct

Stock Market News — October 15, 2026 — Evening Update — Last 12 Hours (Pacific Time)

CoreWeave's debt crisis and record-high credit default swaps rattled AI-sector confidence, while Indonesia's stock market plunged over 11%—its worst day since 1998—after MSCI signaled a potential downgrade. Despite these shocks, the Dow rose 1.08% and the Nasdaq rebounded as falling bond yields offs
8 min read
15
Oct

Stock Market News — October 15, 2026 — Morning Update — Last 12 Hours (Pacific Time)

Global tech stocks plummeted overnight as hotter-than-expected U.S. inflation data and CoreWeave's debt crisis sparked an AI infrastructure selloff, with South Korea's KOSPI triggering a circuit breaker after an 8% drop and U.S. semiconductor stocks erasing roughly $2 trillion in value. Key movers i
8 min read