Salesforce Stock Rises 4% as Semiconductors Slide
Salesforce (CRM) and Campbell's gained as the chip fund SMH headed for an eighth straight losing day
Daily Digest
Daily Digest
Salesforce (CRM) and Campbell's gained as the chip fund SMH headed for an eighth straight losing day

They Said Buy tracks stock calls from YouTube creators, pairing exact quotes and links to the precise video moment with what happened to the share price afterward. Revisit the original statement, see the outcome, and put memorable predictions in context.

Alcoa (AA) rose about 2% after hours on Q3 adjusted EPS of $1.82 versus $1.47 expected, while Interactive Brokers and J.B. Hunt slipped 1-2% on Oct. 15.
Intuit (INTU) shares reach $330 as it buys AI billing firm Sequence to boost QuickBooks and Enterprise Suite.
Varonis (VRNS) agreed to a $49.75-a-share cash sale to Proofpoint, a 52% premium to its pre-rumor price.
The Democratic Republic of Congo produces roughly 70% of the world's cobalt - and no other critical commodity is so dependent on a single nation. A short walkthrough of why cobalt became essential to EV battery cathodes, how the market swung from $8 to $25 per pound and back to $6 in just two years, why LFP batteries are threatening to bypass it entirely, and what a 5% recycling rate means for long-term supply security.

Wall Street's Dow industrials average rose 1.08% on Thursday as investors rotated out of AI and chip stocks after hot CPI and PPI inflation readings.
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Charles Schwab posted record Q3 2026 revenue of $7.2 billion and $190 billion in new client assets, but SCHW shares fell after guidance pointed to the low end of ranges.

Zenzap (Israeli-founded) emerged from stealth with $44M total funding, including a $33M Series A co-led by Bessemer and Lightspeed, for AI agents inside team chats.

Ericsson (ERIC-B.ST) beat sales forecasts at SEK 59.5B but warned of flat demand and higher costs in 2027.

Character.AI filed for Chapter 11 on Oct. 12 with Disney opening bidding at $20M for a perpetual IP license; the platform winds down if no buyer emerges.
Côte d'Ivoire and Ghana grow over 60% of the world's cocoa - and a single disease outbreak can wipe out 20–30% of a harvest. A short walkthrough of why cocoa demand is almost entirely tied to chocolate, how slow-maturing cacao trees make supply painfully inelastic, why farmers receive only 10–20% of the final chocolate price, and what climate change and farmer abandonment mean for long-term supply.

Pluto Security (Israel) emerged from stealth with $42M ($8.5M seed led by TLV Partners and a $34M Series A led by Jump Capital) to secure AI tools that employees build.

Cohere signed a letter of intent to acquire AISLE, a San Francisco AI cybersecurity startup.

Prime Intellect acquired Moondream, a Seattle vision-AI startup founded by AWS veterans.

Salience Labs (UK) raised $125M to link thousands of GPUs with light using photonic chips.
FMC (FMC) expects a Q3 adjusted EBITDA loss of $510M–$565M as it cuts prices to clear distributor inventory.
Bending Spoons (BSP) closed near $53.50, about 80% above its IPO price, after Berkshire bought more shares.

Thoma Bravo-backed Proofpoint will pay $49.75 a share for cybersecurity firm Varonis, a 52% premium to its pre-rumor price, with closing expected in the first half of 2027.

The Dow (^DJI) rose to 52,178 and smaller firms gained 1.4%, while the Nasdaq barely moved as money left tech.

The GFS Pride sank in the Strait of Hormuz and a second Singapore-flagged ship was hit, pushing Brent near $106 weeks before the US midterm elections.

The EU's trade gap with China hit €360B in 2025; leaders also face high energy bills and budget fights.

The Pentagon has drawn up options to use the 21,600-pound MOAB on Iranian nuclear and energy sites, lifting escalation risk and oil prices in the six-month war.
Over 2 billion people drink coffee every day - and the entire supply chain rests on a handful of frost-prone growing regions and 20 million small farmers receiving 5–10% of the retail price. A short walkthrough of Arabica vs Robusta, why a single Brazilian frost can cut the following year's supply by 20–30%, how the 3–4 year tree maturity cycle creates boom-bust pricing, and what climate change means for Colombia, Kenya, and Ethiopia.

Modal Labs (US) raised $750M led by Accel at a $15.75B valuation for AI cloud infrastructure.

Charles Schwab (SCHW) posted record $190B in new client assets, but revenue of $7.17B missed estimates.

Walmart (WMT) rose more than 2% after Deutsche Bank upgraded the retailer to Buy, citing margin gains from advertising, membership and automation into 2027.

Rocket Lab (RKLB) closed near $53 as its first Neutron rocket flight slipped to 2027 over a tank-dome defect

US retail sales rose 0.8% in September, beating forecasts, but a 0.2% gain excluding gas stations points to prices, not demand, as interest rates stay in focus.

Penske Automotive (PAG) agreed to a $16.3B buyout at $212 a share from Penske Corp. and Mitsui.
Commodity index funds let you own a diversified slice of raw materials - oil, metals, agriculture - without ever touching a futures contract yourself. A short walkthrough of how funds like the S&P GSCI and Bloomberg Commodity Index work, why roll drag silently erodes 2–5% of returns annually in contango markets, the difference between ETFs and mutual fund structures, and what energy-heavy weightings mean for what you're actually buying.

Rocket Lab (RKLB) fell about 10% after pushing Neutron's debut to 2027 on a dome manufacturing defect, leaving Electron and a $2.36B backlog to carry growth.

Arena.ai (US) raised a $200M Series B at a $3.1B valuation for its evaluation platform for frontier AI models and agents.

Penske Automotive Group (PAG) will go private at $212 a share in cash under a $16.3 billion deal with Penske Corp. and Mitsui, an 8.8% premium to Wednesday's close.
Producer prices (PPI) rose 6.3% from a year ago, the most since 2022, even as retail sales rose 0.8%.
BHP (BHP.AX) fell with Rio Tinto as copper slid 1.6%, while data-centre names NEXTDC and Megaport sank.

US producer prices rose 1.3% in September and 6.3% from a year earlier, the biggest annual gain since 2022, pushing interest rates back to center stage.
The shape of a commodity's futures curve tells you almost everything about the current state of the market. A short walkthrough of contango and backwardation, the convenience yield that explains why physical holders accept lower returns than futures imply, how the curve responds within hours to supply disruptions and inventory data, and why persistent contango quietly drains 2–5% annually from buy-and-hold investors.

Nvidia (NVDA) fell 3.2% to $221.30 and led a global chip selloff after hot CPI, as CEO Jensen Huang said it would cut off buyers developing unsafe AI.

Singularity (US) emerged from stealth with an $80M Series A at a $400M valuation for interceptor defense technology.
Walmart (WMT) closed near $116 as investors sought safer stocks and the retailer expanded health benefits.

ASML posted record Q3 2026 sales of €11.7 billion and a sharp earnings beat, yet its shares sank to a 20-day low as the good news was already priced in.

Nvidia (NVDA) fell 3.2% as RBC joined Deutsche Bank in trimming tech and favoring health care.
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