Nvidia Stock Falls 1.3% After Microsoft Unveils Maia 300 Chip
Nvidia (NVDA) slips as Microsoft (MSFT) may deploy over 1 million Maia 300 chips next year to cut reliance.
Daily Digest
Daily Digest
Nvidia (NVDA) slips as Microsoft (MSFT) may deploy over 1 million Maia 300 chips next year to cut reliance.
Stellantis (STLA) rose as an EU-China understanding could cut Chinese hybrid exports by over half.

Meta shares rose about 4% on Monday after it launched Muse Wonder and Muse Wonder Full, its first frontier AI models, to rival OpenAI and Anthropic.

Amazon is in talks to buy Decart, an Israeli-founded real-time AI video and chip-portability startup, for about $7B. Talks are ongoing and no deal is final.
Every economy - no matter how complex it looks - is powered by three simple forces working in a loop. A short walkthrough of Ray Dalio's three fundamental drivers - productivity, transactions, and credit - and how their interplay explains everything from everyday spending to booms, busts, and the policy levers governments pull during a recession.

Bitcoin is stuck near $84,000 as Treasury yields hold above 5%, yet crypto-linked stocks Coinbase, Strategy and American Bitcoin edged higher on Monday.

Taiwan's TAIEX (^TWII) ends at 49,301.96 as China holds drills in five zones, nearest off Zhejiang.
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Goldman Sachs upgraded global equities to overweight, citing earnings growth, with S&P 500 Q3 profits forecast up about 27% as the reporting season begins.

Pyongyang's launch followed Seoul's hypersonic test; KOSPI (^KS11) fell 3.65% mainly on a chip sell-off.

Apple (AAPL) told suppliers to trim iPhone 18 Pro component orders by at least 15% for October as a $100 price rise and costly memory chips weigh on demand.
An economy is the system a society uses to produce, distribute, and consume goods and services. Learn its meaning, components, and the 3 questions it answers.
Rivercell, a Paris AI drug-discovery startup, came out of stealth with a €22M seed round led by HV. It is building a cell-response data platform and an AI "virtual cell".
CCC Intelligent Solutions (CCC) reached $7.71 as GTCR and Elliott neared a deal to buy the software maker.

IonQ (IONQ) will pay up to $1.3B in its own shares for Elisity, and quantum peers D-Wave and Rigetti slid 4%.

Starbucks ended days of takeover speculation on October 12, 2026, saying it is not buying Chipotle, and Chipotle shares dropped more than 4% as the deal premium came out.

CCC Intelligent Solutions (CCCS) jumped about 10% as GTCR and Elliott entered advanced talks to take the auto-insurance software maker private this week.
Salesforce (CRM) trades near $237 as BofA lifts its price target to $285 from $160 on AI optimism.
Rein Security, an Israeli startup, raised a $25M Series A co-led by Glilot Capital and Sienna VC. It secures AI agents inside enterprises, and revenue is up eightfold since January.

Salesforce (CRM) rose about 4% on a Bank of America double upgrade while Adobe (ADBE) fell 4% on a Wells Fargo double downgrade, splitting software stocks.

Lululemon shares fell to $91.28, their lowest in about 8.5 years, after Michael Burry sold the stock for a tax loss and moved the money into Deckers.

Traders see just a 17% chance of an October 28 hike after weak jobs data, with Warsh due in Bangkok.
Where does money actually come from, and how does credit turn into debt? A short walkthrough of how money, credit, and debt move through an economy - the three jobs money does, how credit creates purchasing power before savings exist, why every credit transaction creates a matching debt, and the line between sustainable borrowing and a debt spiral.

Bank of America, Citigroup and Morgan Stanley are syndicating a record $60B debt package for Anthropic's Google TPU lease, with Broadcom as guarantor.
The Friday gains came days after a plague-scare spike faded. Sources tie them mainly to a report on a national cancer-vaccine effort, not to the Russian plague case or Vaxcyte's trial result.
Phantom GI, a Tel Aviv medtech startup, raised a $5M seed round led by Pitango HealthTech. It is developing a less invasive device for bowel-obstruction patients.

US September CPI, due Wednesday, is forecast to lift headline inflation to 3.7% on gasoline, while core data sets October Fed rate hike odds near 1 in 5.

Brent crude (BZ=F) trades near $103 and US WTI near $90 as Russian strikes on Ukraine's energy sites continue.

Google and Constellation Energy signed a 20-year deal for 890 MW of new nuclear capacity, a $4.3 billion upgrade plan that sent CEG up 12% on October 6.
Why do economies repeat the same boom-and-bust pattern roughly every 5–8 years? A short walkthrough of the short-term debt cycle - how expanding credit drives spending and confidence to a peak, why rising rates and tighter lending turn the tide, and how the contraction and trough finally clear the way for the next recovery.

KOSPI (^KS11) closed at 6,384 as Samsung and SK Hynix fell over 4% on oil, inflation and AI-bubble worries.

South Korea's Kospi fell 3.65% to 6,384.24 on Monday as foreign investors sold for a tenth straight session, pulling Samsung Electronics and SK hynix down more than 4%.
Amazon (AMZN) is weighing a Decart deal that is 75% above its May value, as Nvidia also eyed the startup.
Gold (XAU) trades 25% below its $5,600 January record as rate-hike bets outweigh Middle East risk

Trump says Russia and Ukraine agreed to an immediate energy ceasefire, but the Kremlin has not confirmed it and Zelenskyy reports continuing Russian strikes.
Arena, a San Francisco AI model-evaluation platform, raised a $200M Series B at a $3.1B valuation, led by Lightspeed and Khosla.
Tesla (TSLA) delivered 486,532 vehicles, 24,600 above forecasts, as Shanghai sales grew for an 11th month.
Why do some booms run for decades and some busts haunt entire generations? A short walkthrough of the long-term debt cycle - how debt accumulates across multiple short-term cycles until interest payments swallow incomes, why a deleveraging is the only way out, and how deleveragings have actually played out in the 1920s, the post-war boom, and the run-up to 2008.

Gold fell to a two-month low near $4,100 as a stronger dollar and Treasury yields at their highest since 2002 weighed on bullion as Fed rate hike bets linger.

Delta Air Lines (DAL) missed Q3 2026 earnings for the first time in two years and cut its 2026 profit outlook by nearly a quarter as fuel costs rose 62%.
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