JaviDayTrader/HoustonDayTrader

Javier Medina - Day Trader independiente /

[JaviDayTrader/HoustonDayTrader @JaviDayTrader]

😂

[Shay Boloor @StockSavvyShay]

$CRWD and $NVDA just reopened their security startup accelerator selecting 35 of ~1,000 applicants after alumni raised $730M+.

CrowdStrike getting an early look at future security winners while Nvidia gets more always on agentic workloads built on CUDA and NIM.

[zerohedge @zerohedge]

Top Overnight News

Saudi-backed Yemeni government forces staged a lightning advance on Monday to retake the coast around the Bab el-Mandeb Strait up to the city of Mocha, the government said, pushing the Iran-backed Houthis out of most of the areas they seized last month. RTRS

Trump signed an executive order easing restrictions on tax-exempt dyed diesel; Chevron's Wirth warned a US diesel export ban could push prices higher. On the crude front, the US blockade has bottled up at least 50 tankers carrying Iranian oil, UANI said. BBG

Saudi Arabia's East-West pipeline is back to 5.8m b/d, the energy minister said, after resuming operations 5-6 days after it was hit. BBG

A growing number of commercial real-estate buyers are threatening to walk away from recent transactions unless the seller offers better terms. Rapidly rising interest rates are to blame. Investors who agreed to a purchase price earlier this year when financing was cheaper are now demanding price cuts or other concessions before closing. WSJ

Far-right French presidential candidate Marine Le Pen proposed a sharp deficit reduction and called on the European Central Bank to intervene to bring down surging debt costs as she seeks to assure investors of her financial credentials ahead of the election next year. BBG

French Finance Minister Roland Lescure said the country is far from needing the European Central Bank to step in even as it wrestles with soaring bond yields. Lescure said circumstances are very different from a decade earlier during the debt crisis, and that France's signature is solid, but it's under pressure. BBG

The BoJ may signal this month that underlying inflation has roughly hit its 2% target, three sources familiar with its thinking said, highlighting ‌its readiness to raise interest rates again in the coming months. Any such announcement would largely be symbolic, but it would reinforce dominant market expectations of a December hike and signal the BOJ's readiness to keep raising interest rates in short intervals. RTRS

German manufacturing orders plummeted in August, pointing to increasing pressure on industrial demand as the conflict in the Middle East continues to keep energy costs elevated. WSJ

A sharp sell-off in US government bonds is starting to reverberate across corporate America, forcing companies to overhaul their borrowing plans and even raising the spectre of defaults among the most lowly rated businesses. Borrowing costs for companies with the lowest credit ratings hit their highest level since May 2020 this month at 17 per cent, driven by the rise in Treasury yields to multiyear highs and by investors demanding more compensation for lending to such businesses. FT

Nvidia is on the verge of becoming the first company with a $6 trillion market cap as investors rotate back into the chipmaker. BBG

OpenAI is in talks with multiple UAE investment funds to help anchor a $30 billion financing round; DeepSeek is set to raise at least $12 billion in a Tencent- and CATL-led round, and Moonshot AI closed at a ~$50 billion valuation. BBG

Google and Constellation Energy inked a deal for 890 MW of nuclear capacity as tech companies race to line up power for data centers. RTRS

AMD’s CEO said the company will substantially increase its chip supply in 2027 and predicted “very high” demand for the next few years

NY Fed has been visiting big banks to review their loans to private credit firms and understand their exposure, while officials have gone into JPMorgan (JPM), Wells Fargo (WFC), Barclays (BARC LN), and Morgan Stanley (MS) since the spring with questions about overall exposure and risk: Semafor.

Ray Dalio warned Treasuries are vulnerable to a pullback in demand from China and Japan; Bessent said the US can "very quickly" bend the debt curve. BBG

US Treasury Secretary Bessent said underlying, core inflation is down to around 2.3% and that interest rates are all a function of headline inflation, while he added that mortgage rates will come back down after the Iran conflict. Bessent said they inherited a big stack of debt and could start bending the debt curve very quickly, while he thinks they will see in excess of 3% growth for Q3 and noted the US economy is accelerating.

US Senators Warren (D) and Blumenthal (D) reportedly wrote to the Trump administration for answers on industry influence on the AI regulatory framework: Semafor.

Japan's 10-year bond sale saw firmer demand than the 12-month average; GPIF didn't discuss portfolio allocation at its September meeting. BBG

[*Walter Bloomberg @DeItaone]

*ADP: US PRIVATE JOBS ROSE AVG 23,750/WK IN 4 WKS TO SEPT. 19

[zerohedge @zerohedge]

Premarket movers

All Mag 7 names are higher: Tesla +1.2%, Nvidia +0.9%, Microsoft +0.8%, Amazon +0.7%, Alphabet +0.6%, Meta Platforms +0.4%, Apple +0.1%

AMD (AMD) is up 2% after the chipmaker’s CEO predicted “very high” chip demand over the next few years. Separately, analysts raised their price targets on the stock, citing growth from AI agent products.

BorgWarner (BWA) gains 3.7% as Morgan Stanley upgrades to overweight from equal-weight, noting that a long tail of internal combustion engine and hybrid demand supports the core auto outlook.

Constellation Energy (CEG) is up 6.1% after it announced a long-term deal with Google to bring 890 MW of new nuclear capacity over 20 years onto the PJM grid in Illinois, Pennsylvania and New Jersey.

Corteva Inc. (CTVA) is up 3% after JPMorgan raised its recommendation on the crop chemical company to overweight from neutral after it spun off its Vylor Inc. seed business.

JetBlue Airways (JBLU) gains 2.1% after Citi upgraded the airline to neutral from sell.

Option Care Health (OPCH) rises 21% after the Financial Times reports that McKesson and PE firm Clayton Dubilier & Rice are closing in on a deal to buy the provider of medical infusion services, in a transaction that would value the business at more than $5 billion including debt.

Procter & Gamble Co. (PG) is up 1.5% after Evercore ISI upgraded the maker of consumer products to outperform from inline, citing an improved growth outlook going forward.

Qiagen (QGEN) is up 2.6% and Fortrea Holdings (FTRE) gains 3.3% after Barclays analyst Luke Sergott upgraded both names to overweight from equal-weight ahead of third-quarter earnings.

[Gary Black @garyblack00]

US stocks neared fresh highs pre-market Tuesday (SPX +0.2%, NDX +0.3%) as Brent crude fell 2% to $98/bbl and the 10-year yield dropped to 5.27%, easing inflation concerns. Equity gains are being driven by earnings and AI infrastructure spending, not multiple expansion. Chipmakers continued to rise after last week’s strong Micron strong results with $NVDA hitting a record high. $TSLA gained +0.7% to $380, extending two days of gains on last week’s strong 3Q deliveries. S&P 2026 EPS estimates of $366 (+32% YoY) imply a 21.2x P/E and 4.7% earnings yield, and remain inverted versus 10year treasuries. I remain cautious on $TSLA largely due to a stretched valuation, falling longer-term estimates, and continued commoditization of unsupervised autonomy.

[Bloomberg @business]

US bond yields fell from their highest levels since 2002 as oil prices retreated below $100 a barrel and Treasury Secretary Scott Bessent insisted the government’s debt load can be tamed https://t.co/wD9pUUF217

[Newsquawk @Newsquawk]

🇺🇸US pre-market movers🇺🇸
ES +0.3% NQ +0.4% RTY +0.1%

Mag-7: $TSLA +1% $NVDA +0.9% $MSFT +0.8% $AMZN +0.6% $GOOGL +0.4% $META +0.4% $AAPL +0.1%

$AMD +1.5%: CEO Su said will substantially increase supply in '27

$CEG +7% $GOOG +0.5%: Google enters into 3,590 MW power deal w/ CEG

$OPCH +20%: McKesson & Clayton Dubilier & Rice nearing deal to acquire Co. for >$5bln incl. debt

$BDX +0.8%: Will invest $3bln to expand US manufacturing of essential medical products

$MAT -0.5%: Ariel Investments urges Co. to explore strategic alternatives incl. asset sales, merger or sale

$ABBV flat: Next Q & FY profit guide underwhelms

[The Kobeissi Letter @KobeissiLetter]

BREAKING: S&P 500 futures officially rise to their highest level on record, pushing the index’s market cap above $71 trillion.

Record highs are back.

[*Walter Bloomberg @DeItaone]

🇺🇸 FED SPEAKERS — TUESDAY, OCTOBER 6

🔸9:05 AM ET — NY Fed’s John Williams (voter, dove) — Moderates panel

🔸10:45 AM ET — St. Louis Fed’s Alberto Musalem (non-voter, hawk) — Banking research conference

🔸10:46 AM ET — Fed Vice Chair Michelle Bowman (voter, dove) — Banking regulation & supervision + Q&A

🔸1:15 PM ET — Kansas City Fed’s Jeff Schmid (non-voter, hawk) — Fireside chat

🔸7:00 PM ET — Dallas Fed’s Lorie Logan (2026 voter, hawk) — Q&A with Agustín Carstens

🔸Tomorrow: FOMC minutes — potentially the more market-moving Fed event.

[*Walter Bloomberg @DeItaone]

U.S. YIELDS RETREAT FROM 24-YEAR HIGHS

Treasury yields pulled back as oil fell below $100 and Scott Bessent pledged that stronger growth and spending restraint would begin improving the U.S. debt trajectory.

The 10-year yield fell to 5.27% and the 30-year to 5.63%, easing from levels last seen in 2002.

Investors remain cautious, however, with the U.S. deficit near 6% of GDP and markets still pricing substantial Fed tightening.

[*Walter Bloomberg @DeItaone]

🇺🇸 WHAT TO WATCH TODAY — U.S. MARKETS

🔸8:15 AM ET — ADP Weekly Employment Change
🔥 8:30 AM ET — U.S. Trade Balance
🔸9:05 AM ET — NY Fed President Williams
🔸10:00 AM ET — RCM/TIPP Economic Optimism
🏦 10:45 AM ET — Fed Vice Chair Bowman
🔸11:30 AM ET — $95B 6-Week Treasury Bill Auction
🔥 1:00 PM ET — $58B 3-Year Treasury Auction
🔸1:15 PM ET — KC Fed President Schmid
🔸2:00 PM ET — Treasury Buyback
🔸4:30 PM ET — API Crude Oil Inventories
🔸7:00 PM ET — Dallas Fed President Logan

📊 EARNINGS: RPM, Lamb Weston, Constellation Brands, Penguin Solutions

[Wall St Engine @wallstengine]

Anthropic CEO Dario Amodei earned $18 Million in 2025, mostly from stock and options.

His salary was raised to $1.4M this July, while Anthropic is preparing for a potential IPO as early as this fall at a valuation above $2 Trillion.

Source: Reuters

[Wall St Engine @wallstengine]

Bank of America, Citi and Morgan Stanley have begun syndicating a $60B debt package tied to Anthropic’s lease of Google-designed AI chips supplied through Broadcom $AVGO, the largest chip-financing deal to date.

The financing includes:

• $42B of senior secured debt supported by Broadcom, which has begun bank syndication
• $18B of junior debt without Broadcom guarantees
• Blackstone has already committed about $9B to the junior tranche

The proceeds are expected to fund Anthropic’s 2027 chip orders, with lease payments beginning once the chips are delivered.

Broadcom is partially backstopping the financing to help lower Anthropic’s borrowing costs. Its A- credit rating could also allow the $42B senior portion to eventually be sold to a broader investor base through private placements or investment-grade bonds.

The deal centers on Google $GOOGL tensor processing units being developed with Broadcom as an alternative to Nvidia $NVDA GPUs for large-scale AI workloads.

Anthropic could also issue up to $42B of convertible notes to Broadcom to cover lease payments, according to Broadcom filings cited by FT.

Source: FT

[*Walter Bloomberg @DeItaone]

TREASURY YIELDS SURGE TO FRESH 24-YEAR HIGHS

Treasuries sold off sharply, pushing the 10-year yield to 5.34% and the 30-year to 5.70%, their highest levels since 2002.

Pressure comes from resilient growth, AI-driven investment and persistent inflation, with ISM Services Prices Paid hitting 74.0, the highest since July 2022.

Markets price roughly a 25% chance of an October Fed hike, with a full 25bp increase priced by December.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: US business spending on computers and peripheral equipment, a key GDP measure of AI CapEx, jumped +$20.5 billion in Q2 2026 to a record $420.1 billion.

This includes spending on physical computing hardware, including servers, data storage, personal computers, and peripherals, making it a useful proxy for AI-related hardware investment.

This marks the 6th consecutive quarterly increase, totaling +$233.6 billion, or +125%.

Since Q3 2023, spending on computers and peripheral equipment has nearly tripled.

Furthermore, this metric does not fully capture AI CapEx, including AI data centers, communication equipment, and software.

The AI investment boom is reaching unprecedented levels.

[zerohedge @zerohedge]

Top Overnight News

Oil fluctuated in jittery trading, as Saudi Arabia cut prices of its benchmark grade to Asia, the kingdom’s state producer warned about the risk of low stockpiles and as fighting in Yemen intensified: BBG

Yemen’s internationally recognized government launched a full-scale military campaign to recapture Houthi-held territory after weeks of escalating conflict between the Iran-backed group and Saudi Arabia: BBG

Flávio Bolsonaro surged to a surprise lead over Luiz Inácio Lula da Silva in the first round of Brazil’s presidential election, making him the overwhelming favorite to win the runoff and take Latin America’s biggest economy sharply to the right: BBG

The euro fell to its weakest level since May 2025, as France’s deepening fiscal crisis and the prospect of fresh political upheaval in the region rattled European markets: BBG

Spanish PM Sanchez gambles on snap election to end parliament deadlock: BBG

Democrats Inch Into Red Territory, but Have Problems on Home Turf: WSJ

Intel stock slides as TSMC explores Terafab tie-up, analyst flags share losses: RTRS

Savills’ Prime London index is down about 27% since its peak in 2014, as a cocktail of taxes, political and economic shocks have created more than a decade of misery for the owners of the city’s finest homes. When combined with the consumer price index, the real-terms drop is more than 49%: BBG

US goes into midterm elections with a less dynamic form of full employment: RTRS

US Senators Warren (D) and Hawley (R) are reportedly beginning a probe into how home and auto insurers process claims: WSJ.

US Army tests counter-drone tech at Mexican border as cartel drone use rises: RTRS

All B-1 Bombers Returning to U.S. From U.K. Base: WSJ

Bank Stocks Are Haunted by the Ghosts of 2023: WSJ

[zerohedge @zerohedge]

Premarket movers

Mag 7 stocks are mixed: Nvidia climbs 0.6% after partner Hon Hai Precision Industry reported better-than-expected quarterly revenue, pointing to sustained and elevated spending on AI infrastructure (Alphabet unchanged, Amazon -0.1%, Apple -0.2%, Meta -0.2%, Microsoft +0.4%, Tesla -0.3%)

US-listed shares of Brazilian companies and firms exposed to the country rally after Flávio Bolsonaro surged to a surprise lead over Luiz Inácio Lula da Silva in the first round of the presidential election.

Align Technology (ALGN) slips 2% after Evercore ISI downgraded the medical-device company to inline, writing that “the dental macro picture has meaningfully weakened.”

Cenovus Energy’s US-listed shares (CVE) slip 2% after the company agreed to buy Athabasca Oil Corp. at an enterprise value of C$5.7 billion ($4 billion), the latest in a wave of consolidation as Canada’s government seeks to grow energy production.

Cerebras Systems (CBRS) is up 4% after OpenAI CEO Sam Altman said the company is “a close partner” of OpenAI and the two firms have “a deep engagement pushing on the frontiers of speed.”

DraftKings (DKNG) gains 4% as BofA raises the recommendation on the online sports betting company to buy, with the analyst citing her more positive view of the predictions markets (PM) impact. .

Harley-Davidson (HOG) climbs 5% after Citi upgraded the motorcycle company to buy, writing that an acceleration in retail growth is “tough to ignore.

Intel (INTC) is down about 4% after a report on discussions of a potential collaboration between Taiwanese chip giant TSMC and Elon Musk’s Terafab, which Intel joined in April.

PTC (PTC) surges 36% after Schneider Electric agreed to acquire the company.

RXO (RXO) gains 20% after agreeing to be purchased by CH Robinson Worldwide. Shares of CH Robinson (CHRW) are down 7%.

Wells Fargo (WFC) inches 1.3% higher after Morgan Stanley upgraded the bank to overweight, seeing “a clearer path to improving profitability in 2027.”

[The Kobeissi Letter @KobeissiLetter]

Shocking stat of the day:

Each of the top 4 S&P 500 companies is now larger than the entire Russell 2000 Index, which has a total market cap of $3.5 trillion.

Nvidia, $NVDA, alone, with a $5.7 trillion market cap, exceeds the small-cap index by $2.2 trillion.

At the same time, Apple, $AAPL, with its $4.9 trillion market cap, is worth $1.4 trillion more than the Russell 2000.

Alphabet, $GOOGL, and Microsoft, $MSFT, are valued at $4.2 trillion and $3.8 trillion, respectively, also surpassing the combined market cap of the Russell.

These 4 big tech stocks are now collectively valued at a massive $18.6 trillion, accounting for 26% of the S&P 500’s total market cap.

Meanwhile, the Russell 2000 represents ~7% of the total US equity market, despite containing nearly 2,000 companies.

Big tech has never been bigger.

[Earnings Whispers @eWhispers]

#earnings for the week of October 5, 2026

https://t.co/hLn2sKQPuw

$PENG $APLD $PEP $STZ $DAL $TLRY $LEVI $APOG $BYRN $WS $RPM $RELL $LW $NEOG $NG $HELE $RGP $SAR $ANGO $HOVR

[José Luis Cárpatos @carpatos]

El paro ha cambiado de décima de 4,1 a 4,2% por los pelos en realidad ha pasado de 4,14% a 4,18% no ha sido para tanto, los redondeos favorecieron el mes pasado y perjudicaron en este