Toast & Tickers
AI rout deepens: Nasdaq futures sink, Kospi falls 7.6%, PPI and retail sales at 8:30
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Latest storiesAI and chips
Anthropic tells investors third-quarter revenue hit $16.8 billion
Revenue rose about 45% from the prior quarter, and the company said it was profitable on an adjusted basis.
Read the story →AI and chips
Chip stocks slide for an eighth straight day as AI financing worries linger
Semiconductor ETFs are on their longest losing runs in years, even as other parts of the market recover.
Read the story →Companies
FMC and Rocket Lab drop sharply on company-specific news
FMC cut its third-quarter outlook and Rocket Lab pushed back the Neutron rocket's first launch to 2027.
Read the story →Markets
Dow climbs 500 points as Nasdaq slips and investors rotate out of AI
Yields drop and Walmart, Merck and Nike rise while memory chip stocks keep sliding.
Read the story →Earnings
Schwab and U.S. Bancorp report record revenue
Schwab added $190.4 billion in client assets; U.S. Bancorp beat on earnings.
Read the story →Fed and Rates
Fed hike bets ease as yields fall, with Warsh set to speak tonight
Treasury yields and the dollar slid even after a second hot inflation report.
Read the story →Inflation
Producer prices jump 1.3% in September, the biggest rise since 2022
Wholesale inflation ran at 6.3% a year as energy costs surged, a day after hot CPI.
Read the story →Economy
Retail sales rise 0.8% in September, lifted by gasoline
Jobless claims stay near 199,000 as spending outside fuel and cars cools.
Read the story →AI and chips
CoreWeave bond yields top 16% as AI debt worries spread
The stock fell again premarket after a 15% drop, with chip stocks sliding with it.
Read the story →Asia Markets
Seoul halts trading as Asia's tech rout deepens, with the Kospi down more than 7%
The Nikkei fell close to 5% as chipmakers and SoftBank sank.
Read the story →AI and chips
TSMC posts a sixth straight record profit, but its shares fall anyway
Revenue guidance beat forecasts, yet the AI chip selloff overwhelmed the good news.
Read the story →First Light
Futures slide and Europe falls as the chip rout rolls into a second day
Nasdaq futures are down more than 1% ahead of retail sales and producer prices.
Read the story →Oil
Oil slips as the US weighs easing shipping sanctions
Brent fell to about $104.30 after Wednesday's gains on Hormuz attacks.
Read the story →Dusk Ledger
Stocks suffer their worst day since July as hot inflation hits AI shares
After the close, Wednesday October 14: what moved, why, and what to watch next.
Read the edition →Markets
Stocks slide toward their worst day since June
The S&P 500 and Nasdaq fell hard in the afternoon as yields rose and AI shares sold off.
Read the story →AI and chips
CoreWeave sinks as its bond yields near 15% on AI debt worries
Oracle, Nebius and Dell also fell as investors questioned how the AI build-out is financed.
Read the story →The Fed
Beige Book: little growth outside manufacturing, price pressures intensify
Fed contacts report a stalled consumer, a low-hire economy and rising fuel costs.
Read the story →The Fed
Hot CPI puts an October Fed rate hike back in play
Futures-implied odds of a quarter-point hike roughly doubled after the inflation report.
Read the story →Oil
IEA cuts 2026 oil demand forecast and warns diesel will stay tight into 2027
Diesel supply is the pinch point as the Iran war keeps prices high.
Read the story →Earnings
BlackRock beats estimates while State Street drops on fee revenue
Two asset managers reported Wednesday, and the market's reaction split.
Read the story →Economy
September inflation hits 3.7%, above forecasts, with core at 2.6%
Gasoline drove the biggest monthly gain in five months, and core prices also beat estimates.
Read the story →Markets
Stocks open lower after the hot inflation report
The S&P 500 and Nasdaq slipped at the open as yields rose.
Read the story →Earnings
Morgan Stanley beats estimates as equity trading jumps 41%
Profit of $3.03 a share topped forecasts, helped by a strong quarter for equities desks.
Read the story →Toast & Tickers
Bank of America misses after a $1.2 billion fine, CPI at 8:30, futures edge up
Five things to know before the open on Wednesday, October 14.
Read the edition →First Light
Bank of America slips after a $1.2 billion penalty, hours before earnings and CPI
Futures edge higher ahead of the September inflation report.
Read the story →AI and chips
ASML posts record sales and says supply will fall short of demand in 2027 and 2028
Shares slipped anyway after the chip-equipment maker beat estimates.
Read the story →Asia Markets
Asian chip stocks bounce, but Seoul still ends lower for a sixth day
The Kospi closed at 6,008.81 after rising more than 2% early.
Read the story →Oil
Oil edges up as Houthi attacks on Saudi Arabia continue
Brent is near $106 as Russian diesel hopes cap the gains.
Read the story →Dusk Ledger
Stocks end little changed as bank earnings cancel out and chips slide again
After the close, Tuesday October 13: what moved, why, and what to watch next.
Read the edition →Earnings
J&J falls about 6% as a talc charge and weak MedTech overshadow a raised forecast
Adjusted profit beat estimates, but reported earnings dropped 96%.
Read the story →AI and chips
Applied Materials slides about 7% after investor day gives no spending outlook
Chip equipment stocks fell harder than the wider chip sector.
Read the story →Economy
Existing home sales rise 1.5% in September but stay near the year's low
Sales reached 3.99 million, above forecasts, but remain 2.2% below last year.
Read the story →Economy
CPI preview: gasoline is expected to lift September inflation to 3.7%
Wednesday's report is the main data point of the week; the core reading is the one to watch.
Read the story →AI and chips
Chip selloff reaches Wall Street as Broadcom CEO warns on AI money
Micron and other chipmakers fell for another day.
Read the story →Earnings
Big banks open earnings season with a mixed set of results
Goldman and Citigroup beat; JPMorgan and Wells Fargo fell short on revenue.
Read the story →Federal Reserve
Waller says higher long-term yields are doing some of the Fed's work
Rising Treasury yields are cooling housing and autos.
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Bank earnings begin, chips slide, oil slips, UnitedHealth raises outlook
Five things to know before the open on Tuesday, October 13.
Read the edition →First Light
Futures mixed and Europe edges up as bank earnings begin
JPMorgan, Citigroup, Wells Fargo and Goldman report before the open.
Read the story →Asia Markets
Seoul and Tokyo lead an Asian chip selloff on China memory report
Kospi and Nikkei fell sharply as AI worries hit memory-chip makers.
Read the story →Oil
Oil slips as traders weigh Russian diesel and Saudi risks
Brent is around $105 after Monday's two-week high.
Read the story →Dusk Ledger
Stocks end mixed near a record as oil climbs and chips slide
After the close, Monday October 12: what moved, why, and what to watch next.
Read the edition →Markets
Stocks mixed as oil hits a near two-week high and tech slips
The Dow edged up; the S&P 500 and Nasdaq slipped.
Read the story →The Fed
Fed's Hammack: a restrictive stance is appropriate to finish the job on inflation
She favors smaller adjustments made relatively quickly.
Read the story →Oil
Kremlin says 'contacts are ongoing' on the energy ceasefire
Moscow has not said whether it agrees to the truce.
Read the story →Oil
Oil climbs to a two-week high; stocks hold near Friday's levels
Brent topped $106 after Russian strikes on Ukrainian energy sites.
Read the story →Stocks
Meta rises as early data shows Muse keeping users
Third-party figures on the new AI assistant.
Read the story →Stocks
IREN jumps on report of a cloud deal with Anthropic
The Information reported a multiyear agreement.
Read the story →Markets
Stocks trade mixed at the open as oil firms
Waiting on bank earnings and Wednesday's CPI.
Read the story →Oil
Zelenskyy says Russia broke the energy ceasefire; oil turns higher
Doubts over the truce pushed oil back up.
Read the story →Stocks
Salesforce rises after Bank of America's double upgrade
Underperform to Buy, target $285.
Read the story →Toast & Tickers
Futures wait on banks, oil eases, Saudi airport hit
Five things to know before the open on Monday, October 12.
Read the edition →First Light
Futures edge up as oil eases and earnings season nears
Ahead of bank earnings and Wednesday's inflation report.
Read the story →Asia Markets
Seoul stocks fall 3.65% as chip shares are sold
Samsung and SK hynix led a fourth straight loss.
Read the story →Oil
Oil eases after Trump's Russian diesel deal, but analysts see little relief
Analysts doubt the volumes will lower prices.
Read the story →Week Ahead
The week ahead: bank earnings, inflation data and Fed speakers
Everything scheduled for October 12-16, day by day.
Read the story →Company Explainer
ASML: the giant machine behind the world's tiniest chips
Lasers, molten tin and very smooth mirrors, explained in plain English.
Read the story →Toast & Tickers
Futures rebound, oil slips, telecoms tumble
Five things to know before the open on Friday, October 9.
Read the edition →Commodities
Gold and silver rebound as the dollar and yields ease
Gold rose about 1.4% toward $4,200 an ounce. Silver topped $60.
Read the story →Economy
Consumer sentiment falls to 46.3 as inflation expectations tick up
The Michigan survey missed forecasts. Households feel worse about the present.
Read the story →Stocks
Telecom stocks drop after SpaceX agrees to buy spectrum
Wireless carriers fell and tower owners rose on the news.
Read the story →Rates
Treasury yields hold near a 24-year high
The 10-year yield sat around 5.25% on Friday.
Read the story →Markets
The bull market turns four on Monday, and AI is the engine
The S&P 500 is near records ahead of October 12. What the milestone does and does not tell you.
Read the story →Crypto
Bitcoin steadies near $82,500 but is set for a weekly loss
After Thursday's dip toward $80,000, bitcoin held around $82,500.
Read the story →Dusk Ledger
Stocks end a record week higher; chips sit out the bounce, telecoms sink
After the close, Friday October 9: what moved, why, and what to watch next.
Read the edition →Dusk Ledger
Chips slide as oil and rates stay in charge
After the close, Thursday October 8: what moved, why, and what to watch next.
Read the edition →AI and chips
A report on OpenAI revenue hit chip stocks. Here is what it said.
The FT says OpenAI's annualized revenue is about $20 billion lower than signalled. The Nasdaq fell 1.25%.
Read the story →The Fed
Waller: more rate hikes likely, but not at every meeting
A Fed governor says further hikes are probably needed if data match his expectations, and timing is flexible.
Read the story →Oil
Oil jumps about 4% on shipping attacks and Gulf hurricane shutdowns
Brent topped $104 a barrel at its high. Energy was the S&P 500's best sector.
Read the story →Portfolio basics
Three funds can still leave you holding the same stocks
The number of investments in your account does not tell the whole story. What they own matters more.
Read the story →Costs explained
A zero commission trade does not make a fund free
The expense ratio is important, but it is not the only cost worth reading.
Read the story →Market mechanics
An ETF is a wrapper, not a promise of safety
Two investments can both be ETFs and still carry very different risks.
Read the story →Weekday mornings, 8 AM ET
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