Market Overview - U.S. stock futures are showing mixed performance as investors navigate U.S.-China trade tensions and varied corporate earnings reports [1] - Major U.S. indexes ended the previous trading session in the red, with the S&P 500 declining by 0.5% to 6,699.40 points, the Dow Jones Industrial Average falling 0.7% to 46,590.41 points, and the Nasdaq Composite dropping 0.9% to 22,740.40 points [2] Earnings Reports - A busy day for corporate earnings is anticipated, with notable companies like T-Mobile US, Union Pacific Corporation, Honeywell International Inc., and others reporting their third-quarter results [3] - Major companies such as Intel Corporation, Ford Motor Company, and American Airlines Group are set to release earnings after the market closes, which could significantly influence market direction [3] Economic Data - The ongoing U.S. government shutdown has led to a blackout of major economic data releases, but the Consumer Price Index (CPI) report for September is expected to show an increase in the annual inflation rate from 2.9% to 3.1% [4] - This CPI report is crucial for guiding expectations for future monetary policy decisions by the Federal Reserve [4] Federal Reserve Policy - The Federal Reserve's next monetary policy meeting is scheduled for October 28-29, with a high likelihood (96.7%) of an interest rate cut being priced in by the markets [5] - Recent soft labor market data and manageable inflation, despite being above the Fed's 2% target, are contributing to this expectation [5] Individual Stock Movements - Tesla Inc. shares fell 3.04% in premarket trading after reporting better-than-expected revenue but missing earnings estimates [10] - International Business Machines Corp. dropped 7.14% despite better-than-expected financial results, attributed to disappointing guidance [10] - Netflix Inc. plunged over 10% following a third-quarter earnings miss due to a one-time tax expense [10] - Intuitive Surgical Inc. saw shares surge 13.9% after reporting results that beat expectations [10] - Winnebago Industries soared nearly 29% after strong fiscal 2025 fourth-quarter earnings and positive guidance for fiscal 2026 [10] - Avery Dennison Corporation shares jumped 9.5% after better-than-expected Q3 results and a partnership with Walmart [10] - Energy stocks, including Valero Energy, are performing well amid rising crude oil prices due to new U.S. sanctions on Russian oil giants [10]

Market Overview - US stocks experienced gains with the Nasdaq Composite leading at a rise of 0.5%, followed by the S&P 500 at 0.4%, and the Dow Jones Industrial Average increasing by 0.15% [1] Oil Market - Oil futures surged approximately 5% due to US sanctions on major Russian producers, with Brent crude nearing $66 per barrel and West Texas Intermediate trading above $61 [2] Company Earnings - Tesla shares fell nearly 4% after reporting mixed third-quarter results, while IBM stock also dropped around 4% despite stronger-than-expected profits, as software revenue met expectations but disappointed investors [3] - American Airlines stock rose after the company provided fourth-quarter earnings guidance that exceeded expectations, while T-Mobile shares dipped despite a larger-than-expected growth in customer base [4] Trade Relations - China announced upcoming talks with US officials, and President Trump indicated a scheduled meeting with Chinese President Xi, which may provide reassurance to markets amid rising tensions [5] Quantum Computing Sector - The Trump administration is reportedly in discussions to acquire stakes in several quantum computing companies, leading to a surge in shares of targeted firms such as IonQ and Rigetti Computing [6]

US stocks climbed on Thursday as oil prices surged amid Russia sanctions and as Wall Street parsed through a fresh batch of quarterly results after Tesla (TSLA) and IBM (IBM) earnings fell short. The tech-heavy Nasdaq Composite (^IXIC) led the gains, rising 0.7%, while the S&P 500 (^GSPC) added 0.4%. The Dow Jones Industrial Average (^DJI) drifted 0.1% higher. Oil futures spiked around 6% after the US placed sanctions on Russia's giant producers, piling pressure on President Putin to end the war in Ukra ...

Company Performance - AT&T Inc. reported operating revenues of $30.71 billion for its fiscal third quarter, a 1.6% increase year-over-year, but below the analyst consensus estimate of $30.87 billion [2] - Adjusted earnings per share (EPS) for AT&T stood at $0.54, which was in line with analyst expectations [2] Market Movements - Vicor Corporation shares surged 28% to $84.29 after reporting better-than-expected quarterly financial results [8] - Winnebago Industries, Inc. saw its shares increase by 24% to $39.19 following better-than-expected fourth-quarter results and FY26 guidance above estimates [8] - Beyond Meat, Inc. shares rose 101% to $7.27, driven by factors such as short interest and a distribution partnership with Walmart [8] - Arcturus Therapeutics Holdings Inc. shares plummeted 59% to $9.42 after announcing interim results from its Phase 2 clinical trial [8] - Alector, Inc. shares fell 50% to $1.6000 after announcing the discontinuation of an open-label extension and a workforce reduction of about 49% [8] - Obook Holdings Inc. experienced a decline of 37% to $12.19, likely due to post-IPO volatility [8]

Core Insights - The article discusses Andrew Ross Sorkin's new book "1929," which explores the events leading to the Great Crash of 1929 and its cultural impact on society [1][2][17] - The narrative highlights how the stock market dominated the culture of the time, with widespread participation from various social classes, including billionaires and everyday citizens [3][4][5] Group 1: Cultural Impact and Participation - The stock market was a central aspect of American culture in 1929, with significant involvement from the elite and the general public [3][4] - The book illustrates that many prominent figures, including Groucho Marx, were heavily affected by the market's downturn, showcasing the widespread nature of the crisis [4][14] - The optimism of the era was fueled by technological advancements, leading to a belief that capitalism could elevate everyone to millionaire status [5][6] Group 2: Key Figures and Their Roles - Charlie Mitchell, a significant figure in the financial landscape, promoted the idea of democratizing finance and was instrumental in the creation of modern credit systems [7][10] - Contrasting views emerged from various financial leaders, with some, like Charles Merrill, advising caution as early as 1928, while others believed the market was stable [9][11] - The book details the actions and decisions of influential figures during the crash, including Carter Glass, who warned against the practices that led to the financial collapse [10][12] Group 3: Market Dynamics and Policy Responses - The article emphasizes that the market's decline was not a singular event but a series of failures and poor policy decisions that followed the crash [13][16] - By the end of 1929, the stock market was only down 17%, indicating that the initial impact was not as severe as commonly perceived [13] - The lack of regulatory frameworks at the time, such as the absence of the SEC, contributed to the chaotic trading environment [15][16]

Core Insights - T-Mobile has launched new capabilities, Edge Control and T-Platform, to enhance business connectivity and support real-time data operations, AI, and innovation [1][10] Group 1: New Capabilities - Edge Control combines 5G Advanced and local breakout technologies to provide private network-level performance without complex deployments, benefiting industries like healthcare, manufacturing, logistics, and smart cities [2] - T-Platform serves as a centralized management hub, unifying T-Mobile for Business solutions into a single interface, offering real-time visibility and control over connected ecosystems [6] Group 2: Industry Impact - In healthcare, the use of predictive AI integrated with electronic health records has increased from 66% in 2023 to 71% in 2024, highlighting the need for reliable connectivity to support real-time data processing [3] - Edge Control allows organizations to process data within existing infrastructures, enhancing control and compliance flexibility while maintaining low latency and data sovereignty [4] Group 3: Competitive Position - T-Mobile's 5G network covers 98% of Americans, or 330 million people, providing a competitive edge with its 2.5 GHz spectrum that offers extensive coverage and fast speeds [8] - Despite its leadership in the 5G market, T-Mobile faces competitive pressures and challenges related to spectrum management and high debt burdens [9]

Core Points - The benchmark stock indices Sensex and Nifty ended slightly higher during the special one-hour Muhurat trading session, marking the beginning of the new Samvat Year 2082 positively amid strong global cues [1][4] - The BSE Sensex rose by 62.97 points (0.07%) to close at 84,426.34, while the NSE Nifty increased by 25.45 points (0.10%) to close at 25,868.60 [3][4] - In the previous Samvat Year 2081, the BSE Sensex increased by 4,974.31 points (6.26%) and the Nifty climbed by 1,637.8 points (6.76%) [5] Market Performance - During the Muhurat trading session, the BSE Sensex reached a high of 84,665.44 and a low of 84,286.40 [3] - Among the major gainers in the Sensex, Bajaj Finserv rose by 1.42%, followed by Axis Bank (0.80%), Infosys (0.72%), and others [7] - The broader markets also advanced, with BSE Midcap rising by 0.23% (106.95 points) to close at 46,787.20 and BSE SmallCap gaining 0.91% (486.81 points) to settle at 53,842.85 [8] Sector Performance - Sectoral indices showed positive movement, with Industrials rising by 0.53%, Telecommunication by 0.51%, and Commodities by 0.47% [8] - Conversely, Bankex and Realty sectors ended marginally lower [10] Institutional Activity - Foreign Institutional Investors (FIIs) purchased equities worth ₹790.45 crore, while Domestic Institutional Investors (DIIs) acquired shares worth ₹2,485.46 crore, indicating strong domestic buying [10]

MasOrange and Zegona Communications' Vodafone Spain are among bidders vying for smaller telecom rival Excom, according to people familiar with the matter https://t.co/JEHbrVcibk ...

Market Performance - Equity benchmark indices Sensex and Nifty ended higher on October 20, 2025, marking the fourth consecutive day of gains, driven by buying in blue-chip Reliance Industries and sustained foreign fund inflows [1][5] - The 30-share BSE Sensex increased by 411.18 points or 0.49% to settle at 84,363.37, with an intraday high of 84,656.56, a jump of 704.37 points or 0.83% [1] - The 50-share NSE Nifty surged by 133.30 points or 0.52% to reach 25,843.15 [1] Company Performance - Reliance Industries saw a rise of 3.52% after reporting a 9.6% year-on-year increase in net profit for the September quarter, attributed to strong performance in its retail and telecom sectors, along with a recovery in its oil-to-chemicals segment [2] - Other gainers included Bajaj Finserv, Axis Bank, State Bank of India, Tata Consultancy Services, Titan, and Bharti Airtel [2] Foreign and Domestic Investment - Foreign Institutional Investors (FIIs) purchased equities worth ₹308.98 crore, while Domestic Institutional Investors (DIIs) bought stocks worth ₹1,526.61 crore on the same day [4] Global Market Influence - A sharp rally in global markets contributed to the optimism in the Indian markets, with Asian markets such as South Korea's Kospi, Japan's Nikkei 225, Shanghai's SSE Composite, and Hong Kong's Hang Seng all closing higher [3] - European markets were also trading positively, and U.S. markets ended in positive territory on the preceding Friday [3] Upcoming Events - The Indian market is expected to continue its upward trend with a special Muhurat trading session scheduled for Tuesday, which will be held between 1:45 p.m. and 2:45 p.m. [6]

Core Viewpoint - Brookfield Corporation is positioning itself to capitalize on the significant investment opportunity in AI infrastructure, estimating a need for $7 trillion in related investments over the next decade [1][5]. Investment Strategy - The company plans to invest heavily across all aspects of AI infrastructure development, including data centers and renewable power, to ensure robust growth and strong returns [2][11]. - Brookfield aims to leverage its expertise in real estate, infrastructure, power, and capital solutions to support the buildout of AI infrastructure [11]. Infrastructure Requirements - AI technology requires specialized infrastructure, including data centers equipped with GPUs, CPUs, and advanced cooling systems, necessitating substantial capital investment [4][5]. - The estimated spending on AI infrastructure is projected to exceed $1 trillion by the end of 2029, with hyperscalers increasing their capital expenditures by 50% to $400 billion this year due to the high computing power demands of AI workloads [5]. Brookfield's Capabilities - Brookfield Infrastructure has a global data infrastructure platform with investments in over 300,000 telecom towers, two semiconductor manufacturing foundries, and more than 140 operating data centers with over 1.7 gigawatts of contracted capacity [7]. - The company has the potential to develop an additional 3.6 gigawatts of data center capacity, representing a 50% increase from its current development potential [7]. Renewable Energy Contributions - Brookfield Renewable is becoming a key partner in supplying renewable energy to support AI infrastructure, with significant agreements with major tech companies like Google and Microsoft for carbon-free power [8]. - The company signed a hydro framework agreement with Google to potentially supply up to 3 gigawatts of hydropower and a corporate power deal with Microsoft to deliver 10.5 gigawatts of renewable power by 2030 [8]. Future Growth Potential - Brookfield Corporation sees the potential to invest $200 billion in building AI factories across North America and Europe, believing that AI infrastructure will become the largest business within its platform [9]. - The company anticipates achieving 25% annualized earnings-per-share growth over the next five years due to its investments in AI infrastructure [10].