Bill Ackman says leverage and speculative trading are producing casino style markets, even as the resulting volatility gives Pershing Square opportunities to buy Microsoft, Amazon, Alphabet and other favored companies at discounted prices.
Ferrari lifted its 2026 financial targets for a second consecutive quarter after adjusted earnings and revenue beat expectations, while stronger customer personalizations and reduced currency headwinds helped offset lower vehicle shipments.
Gold rose while silver slipped as U.S. midterm uncertainty, strikes on Iran’s Qeshm Island, rebounding crude prices and expectations for further Federal Reserve tightening pulled precious metals in competing directions ahead of key labor and factory data.
Gold held above $3,900 an ounce but slipped 0.20% after September U.S. job openings rose to 7.52 million, beating economists’ expectations and giving the Federal Reserve more room to raise rates against persistent inflation.
Historical election data point toward strong S&P 500 gains after midterms, particularly under divided government, but Federal Reserve policy, corporate earnings, AI momentum, bond yields, and geopolitical risks may ultimately determine where stocks go next.
Palantir’s revenue nearly doubled and crossed $2 billion, but shares fell 5% as analysts questioned a sharp slowdown in U.S. commercial contract growth and watched whether shorter agreements can become longer commitments.
CrowdStrike announced agreements to buy Fiddler AI and Dreadnode for a combined $495 million while unveiling an AI Kill Switch that gives security teams power to terminate agents, block their relaunch, and revoke enterprise network access.
Disney may eliminate thousands of additional jobs as some managers pursue 20% in annual savings, while Chief Executive Officer Josh D'Amaro plans to reinvest part of the reductions in programming, technology, theme parks and cruise operations.
Apple’s strong earnings were eclipsed by a disappointing margin forecast as surging memory costs threatened holiday quarter profitability. The pressure gives new CEO John Ternus an immediate supply chain challenge while Apple works to secure scarce components.
Pfizer raised its revenue and profit forecasts after beating third quarter expectations, as stronger sales from newer medicines helped counter fading Covid demand while the company advanced cost reductions and installed veteran Cecile Guegan as chief financial officer.
Binance restored withdrawals and covered customer losses after hackers stole roughly $6.3 billion in digital assets. Founder Changpeng Zhao says operations are normal again, but warns that even the world’s largest cryptocurrency platform cannot offer 100% security.
Hackers manipulated supermarket refrigeration systems across several European countries, spoiling food and exposing weaknesses in remotely managed infrastructure. Retailers restored operations as authorities investigated, but experts warned that exposed controls can let relatively simple attacks cause visible disruption.
Gold gained after eight of the 13 midterms since 1974, averaging +14%, but outcomes ranged from a 22% loss to a 90% surge, highlighting both the metal’s historical strength and the limits of election based comparisons.
AGNT, HomeServices of America, Keller Williams and Real REMAX Group are building a shared national listing database as legal and industry battles intensify over private listings, public access and control of residential real estate information.
Gold and silver remain above crucial support zones, but Jesse Colombo warns that decisive breaks could unleash broader capitulation, putting $3,500 gold and lower silver support levels squarely into focus.
Ilya Lichtenstein says the hackers behind Binance’s reported $6 billion theft face an urgent struggle to launder publicly traceable crypto, while accelerating AI tools could soon place advanced attack capabilities into many more hands.