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
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
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.
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.
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'
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
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
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
Earnings Reports — October 14, 2026 — Evening Update — Last 20 Hours (Pacific Time)
Morgan Stanley and BlackRock delivered strong double beats on robust trading and asset management demand, while Bank of America disappointed with misses on both EPS and revenue. ASML posted record Q3 sales with an upgraded outlook, though mixed results dominated smaller financials and industrials as
Stock Market News — October 14, 2026 — Evening Update — Last 12 Hours (Pacific Time)
A scorching September CPI print triggered a global selloff, with South Korea's KOSPI plunging 8% and halting trading, while the Nasdaq fell nearly 2% as Fed rate hike fears resurface. Semiconductor stocks cratered across the board—SK Hynix down 11%, Samsung off 9.2%, and Advantest tumbling 14.7%—as
