PPG Stock Jumps 6% After Record Quarterly Earnings
PPG Industries (PPG) beat profit forecasts at $2.25 a share and lifted its 2026 outlook to $7.90–$8.10.
Daily Digest
Daily Digest
PPG Industries (PPG) beat profit forecasts at $2.25 a share and lifted its 2026 outlook to $7.90–$8.10.
Enphase Energy (ENPH) posted $293M in quarterly sales, down from $410M a year ago, and guided lower for Q4.

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.

Eli Lilly (LLY) and Mastercard (MA) report before the open Thursday, with options pricing a 6.6% Lilly move on obesity-drug demand and spending in focus.

Zelensky hopes Abu Dhabi talks open Nov 6, but Russian strikes on power sites go on despite a local truce.

Amazon and Intel report third-quarter results after the close on October 29, with options pricing moves of about 7% and 9% as investors test AI spending and returns.
4:28A headline that says the economy grew 5% can be almost entirely inflation. This lesson separates the two GDP figures every economist keeps side by side - nominal GDP, measured at current-year prices, and real GDP, measured at constant base-year prices - and shows why only the second one tells you whether people can actually buy more. Covers the rough subtraction that gets you from one to the other, how the gap compounds across decades of historical comparisons, and why statistical agencies keep moving the base year.
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US third-quarter GDP and September PCE inflation print at 8:30 a.m. ET as the 10-year Treasury yield holds near 5% and the fed rate path hangs on the data.

Upwind, a San Francisco and Tel Aviv cloud and AI security startup, raised a $400M Series C at a $3.8B valuation led by Bessemer. It reportedly turned down a Datadog buyout bid.
Ultralife (ULBI) will be bought for $16 a share, a 166% premium, as EnerSys expands in defense batteries.
Carvana (CVNA) sold a record 217,385 cars as sales rose 42%, though profit per share missed forecasts.

US, Russian and Ukrainian negotiators will meet in Abu Dhabi in early November to discuss an energy ceasefire and reopening the Black Sea grain corridor.

Nvidia (NVDA) closed at $215.38 as the DOJ asks if its $12.9B Hugging Face buy gives it AI gatekeeping power.
4:23If real GDP strips inflation out of the headline number, something has to measure that inflation - and it isn't CPI. The GDP deflator is the ratio of nominal to real GDP expressed as an index, and it covers everything GDP covers: investment goods, government purchases and exports, not just the consumer basket. A walkthrough of how it's built, why it disagrees with CPI, why it gets revised repeatedly, and how to use it to tell price-driven growth apart from real production.

The US Justice Department is examining Nvidia's $12.9 billion Hugging Face purchase, testing whether the deal would give the chipmaker control over a key AI distribution channel.

Lumentum (LITE) gained while Marvell (MRVL) slid 8% as investors weighed a possible AI optics takeover.

Marvell Technology is in advanced talks to buy Lumentum at about $83 billion, a deal that could be announced next week and reshape AI data-center optics.

Easol, a UK experience-commerce and event-tech platform, raised a $30M Series A extension: $20M equity from Y Combinator, Tiger Global and others, plus a $10M Viola Credit debt facility. It also launched AI agents called "Teammates."

F5 (FFIV) shares fell about 19% after a fiscal Q4 beat, as FY2027 guidance of 8% to 9% revenue growth pointed to a fading networking hardware refresh cycle.
5:09A country can have an enormous economy and a poor population - total GDP can't tell the two apart, which is why analysts divide it by the number of people. This lesson covers what GDP per capita reveals about typical living standards, why the real and PPP-adjusted versions are the only ones worth comparing across borders, the rough bands that separate advanced from developing economies, and the two things the average still hides: unequal distribution and population growth eating into the headline.
Chipotle (CMG) topped sales forecasts with 2.1% growth, though profit missed, lifting shares after hours.
Sprouts Farmers Market (SFM) shares sank after hours as same-store sales fell 0.9% and the outlook was cut

Boeing (BA) stock fell 10.7% after a Q3 2026 core loss of $0.34 a share missed forecasts and the 737 ramp to 52 a month slipped into the second half of 2027.

Oracle shares rose about 11% after the company set a fiscal 2030 revenue target of at least $225 billion and capped new fundraising at $20 billion, easing concern over its AI spending.

Northstar Security emerged from stealth with a $7M seed led by Wing VC. It builds an agentic AI security platform on a real-time "Security Context Graph."

Ibis, an onchain credit platform for frontier markets, emerged from stealth with a $250M credit facility from FalconX.

AvalonX, an AI security startup, left 18 months of stealth with $10M from Ridown Capital. It sells continuous AI-powered penetration testing to small and midsize businesses.

Atlas Bio emerged with $12.5M to apply AI to drug trials.
Broadcom (AVGO) closed at $342.33 as Bank of America, Blackstone, Citi and Morgan Stanley lined up funding.
ServiceNow (NOW) missed profit estimates by 2 cents and guided future bookings growth down to 18.5%.

Microsoft (MSFT) beat revenue and earnings forecasts, with Azure growth accelerating to 48% and the shares rising about 4% after hours.
4:09GDP = C + I + G + (X − M) is the formula behind almost every GDP headline you'll read - the expenditure approach, the most widely reported way to calculate output. A breakdown of the four spending components: consumption, by far the largest at roughly 68% of U.S. GDP; business investment in equipment, structures, and inventory at about 17%; government spending on both consumption and investment; and net exports, which runs negative for most developed economies with a trade deficit.

Alphabet shares fell about 9% after hours as Q3 search revenue missed at $63.35B and free cash flow turned negative $9.07B, raising AI spending questions.

Fortinet (FTNT) shares fell to about $130 after hours as an unconfirmed breach report hit a strong quarter.

The Fed rate stays at 3.75%-4% after a 10-2 vote, as Lisa Cook and Beth Hammack dissented for a hike and Chair Kevin Warsh announced fewer meetings from 2027.

Rivian acquired Third Dimension AI, a startup that turns real driving data into editable 3D simulation environments for self-driving edge cases.

Brent crude (BZ=F) trades near $114 as Pentagon data show war costs 25% above July's estimate.
5:11The expenditure approach isn't the only way to arrive at GDP - the income approach gets to the same number from the other side of the transaction, adding up every factor income businesses pay out: wages, profits, interest, and rent. It rests on a simple accounting identity - what the economy produces must equal what it pays to produce it - and, unlike the spending breakdown, it surfaces who actually captures the gains from growth.

Visa shares fell about 2% after hours as its fiscal Q4 2026 operating margin of 66.6% trailed the 66.7% estimate and 2027 guidance pointed to slower growth.

Rocket Lab (RKLB) closed at $58.31, up three days running, with Space Development Agency awards above $1.3B.

Ultralife (ULBI) jumped about 145% premarket after EnerSys (ENS) agreed to buy the defense battery maker for $16 a share in cash, a $320 million deal.
Cerebras (CBRS) closed at $119.31 on Oracle's 2027 cloud plan, still about 36% below its $185 IPO price.
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