IBM Stock Sits 29% Below Record Ahead of Q3 Earnings
IBM (IBM) options price a nearly 8% swing as investors look for Red Hat growth after a weak Q2.
Daily Digest
Daily Digest
Pomegra Briefs - Page 4 of 52
Short, sourced summaries of the biggest market stories - what happened, why it matters, the key numbers, and what to watch next
IBM (IBM) options price a nearly 8% swing as investors look for Red Hat growth after a weak Q2.
Services inflation hit 3.7% and diesel is at a 2022 high, so traders price two Bank of England rate hikes.

Texas Instruments (TXN) and Lam Research (LRCX) report today after a 12% chip-sector slide in October

Brent crude (BZ=F) is up about 1% as Iran says two supertankers hit mines, which UK monitors dispute.

Deputy Governor Andrew Hauser says inflation is worse than forecast, with rates at a 15-year high of 4.6%.

Trump tells Zelenskyy to 'make a deal' as Witkoff meets Putin and Kyiv says the Pentagon stalls interceptors.
Tesla (TSLA) reports after the bell with profit expected near $0.45 a share as car margins are in focus.
Meta (META) reports after the bell, with $6.58 EPS expected as investors weigh AI ad monetization and capex

Reliance Industries (RELIANCE.NS) unit Jio sells shares at ₹1,065–1,119 each; listing is expected October 28.

A New Jersey food importer sued the Trump administration, arguing the 1930 Tariff Act gives no such power.
Brent crude (BZ=F) settled at $108.79 on Tuesday as Houthi claims of Saudi strikes met Iran mediation hopes
ByteDance, Alibaba and Tencent want 3 million Nvidia (NVDA) cards, yet only 5–10% may be filled.

Super Micro (SMCI) now sees Q1 sales of $18.5–19.5B, up from $14.5–15.5B, on AI server demand.

Dollar Index (DXY) slid as 10-year yields eased to 5.12% and oil fell, though Iran denied a deal.

Anthropic's draft filing shows $16.3B of first-half sales, but some investors want a $1.5T value, not $2T.
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