Company Insights - Tesla is expected to make a significant announcement regarding a new vehicle, potentially the next generation Roadster or a lower-cost Model Y, with shares rising over 5% on speculation [1][2][3] - AMD shares surged in double digits due to company-specific news, while Nvidia and Intel saw declines as they compete in the same space [6][7] - Constellation Brands reported better-than-expected earnings but forecasts continued declines in beer, wine, and spirits, with shares up about 1% [9][11] Industry Trends - Gold prices reached an all-time high above $3,900, climbing 50% this year, driven by expectations of a Fed rate cut and economic uncertainties [4] - Bitcoin surpassed $125,000 for the first time, gaining over 10% in the past week and showing strong historical performance in October [5] - The trucking industry is facing a new 25% tariff on medium and heavy-duty trucks starting November 1, as announced by President Trump [8][11] Consumer Behavior - McCormick is set to report on consumer demand trends for spices and seasonings, particularly as more people cook at home and become health-conscious, while also navigating higher commodity prices and inflationary pressures [11][12]
Monday's Final Thoughts: TSLA Upcoming Reveal, Truck Tariffs, Gold's Rally