America's 3 biggest phone companies just had one of their worst days in DECADES.
Verizon fell 8.75% Friday, its worst day since 2002. AT&T dropped 9.81%, worst since 2000. T-Mobile crashed 13.27%.
Why? SpaceX bought nationwide airwaves so Starlink Mobile can sell phone service.
Would you switch your phone plan to Elon? $VZ $T $TMUS
#Starlink #stocks
good morning bulls
Bank of America just did a RARE double upgrade on Salesforce.
$CRM: Underperform → Buy. Price target nearly DOUBLED — $160 to $285.
That's about 24% upside from ~$229. The stock is down ~13% this year.
Their flip: AI makes companies MORE stuck to Salesforce, not less.
Watch $230 hold. NFA
@unusual_whales Goldman Sachs, the source of this survey, reports its own Q3 results Tuesday alongside JPMorgan to kick off bank earnings. Watch whether their consumer lending comments back up this paycheck-to-paycheck stress. $GS
@zerohedge Brent settled at $104.72 on Friday after Hurricane Isaias forced energy companies to shut more than 70% of Gulf of Mexico output. Any Middle East escalation now hits an already tight market, which matters for $XOM and for every gas pump.
@closingstance That's the painful part. People hold Verizon and AT&T to sleep at night, and one Friday wiped out a big chunk of the income they were collecting. A safe yield only stays safe if the business underneath does.
America's 3 biggest phone companies just had one of their worst days in DECADES.
Verizon fell 8.75% Friday, its worst day since 2002. AT&T dropped 9.81%, worst since 2000. T-Mobile crashed 13.27%.
Why? SpaceX bought nationwide airwaves so Starlink Mobile can sell phone service.
Would you switch your phone plan to Elon? $VZ $T $TMUS
#Starlink #stocks
Amazon may pay roughly $7 BILLION for an AI startup most people have never heard of. Reuters and Yahoo Finance report (via WSJ) $AMZN is in talks to buy Decart, whose software helps developers switch between different AI chips. Smart hedge against Nvidia, or overpaying for hype? #AI #Stocks
WALL STREET IS ABOUT TO PRINT MONEY AGAIN!!!
S&P 500 profits are expected to jump 29.6% this quarter, per FactSet.
That would be the 4th quarter IN A ROW above 25% growth.
LSEG's estimate is even hotter: over 30%.
The fuel? The AI data center buildout.
Banks kick it off Tuesday with $JPM $GS $C $WFC. CPI hits Wednesday, then $TSM Thursday.
Futures opened flat tonight. The market wants proof.
My take: strong bank numbers Tuesday = more record highs. A hot CPI is the one thing that ruins the party. NFA
Stocks are at records. Bank stocks just fell 7.5% in a MONTH.
$JPM $GS $C $WFC all report Tuesday. Wells Fargo has beaten estimates 10 quarters straight, yet the stock FELL after 7 of them.
Do the banks know something we don't? #stocks#banks#earnings
America's 3 biggest phone companies just had one of their worst days in DECADES.
Verizon fell 8.75% Friday, its worst day since 2002. AT&T dropped 9.81%, worst since 2000. T-Mobile crashed 13.27%.
Why? SpaceX bought nationwide airwaves so Starlink Mobile can sell phone service.
Would you switch your phone plan to Elon? $VZ $T $TMUS
#Starlink #stocks
"Uptober" is off to an ugly start for Bitcoin ETFs.
US spot $BTC ETFs are down a net $386M in October's first 7 trading days.
Wednesday: -$484.9M. The WORST day since June.
Friday's +$21.1M barely made a dent.
Big money taking profits, or a warning sign?
#Bitcoin#Crypto
@unusual_whales Ryan Cohen's Sept. 29 SEC filing puts his GameStop stake at 44.68 million shares, about 8.8% of the company, counting 3.73 million shares from warrants.
Nine days ago, Tom Lee called a $10,000 year-end Ethereum target CONSERVATIVE.
Now his year-end call is $5,000. Half.
$ETH would still need to roughly double from here to get there.
Does it happen by Dec 31, or is $5K too bullish?
#Ethereum#crypto
https://t.co/OLNjMO4MJA
Palantir just closed at a RECORD high… $PLTR
$209.05 Friday, up 5.17%, beating its old record of $207.18 from Nov 2025. Market cap now over $500 BILLION.
Barclays just started coverage with a $265 target. Goldman upgraded it to Buy too.
Hold $207 and this runs. NFA
@zerohedge The OCC says American Express failed to properly flag about $13 billion in suspected trade-based money laundering from 2014 to 2025, but Amex's 8-K says there's no asset cap and no change to its 2026 guidance.
ONE in nine American adults is now on a GLP-1 for weight loss.
The payoff shows: U.S. obesity fell to 36.4%, down from a record 39.9% in 2022, per Gallup.
$LLY and $NVO make the shots.
Are snack food stocks the next BIG loser? #GLP1#Ozempic
https://t.co/vD5shBmvMW
Wall Street is pulling OUT of Ethereum…
Spot ETH ETFs just bled cash 9 STRAIGHT trading days. About $697M gone since Sept 29, and BlackRock's ETHA was $506M of it.
$ETH sits near $2,500, down from $2,715 on Oct 2.
Fire sale or falling knife?!?!? $ETHA
ONE YEAR AGO TODAY, crypto had its worst day EVER.
$19 billion in leveraged bets got wiped out in 24 hours after Trump's 100% China tariff post. $BTC was above $122K that morning.
Today: about $82,700, down 30%+.
Did traders learn, or is leverage back?
#Bitcoin#crypto