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What We're Watching Today

Econ Calendar Tues 10/20/26Housing Starts and Permits 8:30 AM ETPending Home Sales Index 10:00 AM ETTreasury Buyback & Bill Announcements 11:00 AM ET6-Week Bill Auction 11:30 AM ET
Nasdaq futures fall as oil prices jump, key earnings loom - Reuters
Iran prolongs talks in stalemate to influence US midterms, officials say - Reuters
Hegseth discusses Iran with Netanyahu in unannounced visit to Israel, officials say - Reuters
Israel's Ben-Gvir poised for election gains as young voters turn to far right - Reuters
JD Vance refrains from endorsing Israeli leader Netanyahu as Trump offers praise - CNBC
UK to Fly Missions to Defend Saudi Arabia From Houthi Attack - BBG
Saudi Arabia postpones big investor conference to 2027 as Iran-backed Houthis escalate attacks on kingdom - CNBC
Trump Uses Slur to Defend GOP Senator in Combative Speech - BBG
U.S. Risks Losing Tech Race Without Energy Push, Say Former Trump, Biden Officials - WSJ
Trump's approval falls to record low of 31% as midterms near, Reuters/Ipsos poll finds
US to launch $8 billion support program for farmers to offset diesel costs, Trump says
Trump warns Kansans that US will 'burn' like France if Democrats win
Could disillusioned Kansas voters send their first Democrat to the US Senate in 94 years? _ Reuters
Albertans Vote to Stay in Canada in Historic Referendum - WSJ
Zelenskiy to meet Witkoff as Trump praises Russia and rebukes Ukraine - Reuters
Rubio says Ukraine interceptors may not have been delivered, but not for political reasons - Reuters
Russia expands attacks on energy facilities to western Ukraine
France curfews calm unrest as Macron faces criticism over Gulf trip - CNBC
As France erupts, Europe's far right gains from fuel-price anger ahead of elections - Reuters
Marine Le Pen Seizes on French Chaos to Present Herself as Leader in Waiting - WSJ
Political Risk Makes France a Go-To Market for Short Sellers - BBG
What’s making Europe so angry? The frustration behind the protests - CNBC
German ZEW investor morale falls more than expected as energy prices weigh
UK jobs market shows some recovery signs as BoE mulls rate hike
Trump open to idea of joint meeting with Xi, Putin next month
China's September US soybean imports rebound from zero a year earlier, data shows
Taiwan September export orders hit record value on solid AI demand
As Japan pursues a chip-industry reboot, it's being pressed to build America's
South Korea central bank to hold rates on October 22, hike in November
U.S. oil surges to top $110, Brent crude at five-month high amid Mideast tensions
Dollar and euro drift, yen slips as markets seek direction
Gold eases as higher oil prices stoke inflation concerns
$BRZE (+52.8% pre) $CRM Salesforce to acquire Braze for $5.66 billion ($47.50/sh cash)
$CRM (-3.0% pre) Salesforce to buy $BRZE Braze for $5.7 billion, CRM shares slide
$TW (+2.4% pre) Tradeweb to Buy Trumid For About $1.97 Billion
$SOLS (+4.0% pre) Activist investor Starboard builds stake in Solstice, urges focus on core business, FT reports
$NVDA (-0.9% pre) ByteDance, $BABA Alibaba, Tencent place over $35 billion worth of Nvidia chip orders
$CRWV (-4.6% pre) CoreWeave’s Bond Rout Should Make the Fed Cautious
$AAPL (-1.5% pre) Apple announces product launch event for Oct. 28. Analysts expect touchscreen laptop
$AAPL (-1.5% pre) Apple commits up to $100 million for US titanium in domestic manufacturing push
$QCOM (-0.9% pre) Qualcomm to cut jobs worldwide in performance-focused layoffs, internal memo shows
$NFLX (+0.3% pre) Netflix, America’s Dominant Streaming Service, Has Hit a Wall
$BA (-0.2% pre) US set to announce certification of Boeing 737 MAX 10 on Tuesday, sources say
$RYAAY (-1.4% pre) Ryanair CEO tells Europe to ready for biggest airfare hike in history
$HTZ (+13.0% pre) Hertz shares jump as subsidiary Oro Mobility secures $80M strategic investment
$BTDR (-1.6% pre) Bitdeer reports 200% Bitcoin output rise, $2.9B AI backlog
$FLUT (+0.0% pre) Betting giant Flutter to cut up to 1,400 jobs to mitigate UK tax hike impact
$PRU (+0.6% pre) Prudential sheds Brazil, Mexico units to CNP for $4 billion as it narrows its focus
$WMT (+1.7% pre) Walmart launches joint membership with Sam’s Club as it leans into delivery, gas discounts
$KR (+1.9% pre) Kroger to focus on grocery business under new CEO as competition heats up
OpenAI seeks to accelerate fundraising ahead of Anthropic IPO, sources say
Eric Schmidt’s 1% Anthropic Stake Set to Pay Huge Windfall
$HAL (+4.2% pre) Halliburton beats Q3 estimates on earnings and revenue
$MMM (+0.9% pre) Dow Giant 3M Reports Mixed Earnings, Expanded Amazon Data Center Deal
$MSCI (+3.4% pre) MSCI (MSCI) Q3 Earnings and Revenues Beat Estimates
$NOC (+0.4% pre) Northrop Grumman Q3 Earnings Surpass Estimates, Revenues Increase Y/Y
$RTX (+2.0% pre) RTX stock climbs on strong earnings beat and raised outlook
$VICR (+2.3% pre) Vicor (VICR) Lags Q3 Earnings Estimates
$VMI (+1.2% pre) Valmont (NYSE:VMI) Misses Q3 2026 Sales Expectations
$BHP (-2.8% pre) BHP Q1 copper output falls 19% on lower grades, disruptions
$CCK (-4.3% pre) Crown Holdings Shares Fall 1.7% Premarket as Q4 Earnings Outlook Misses Estimates
$GE (-3.1% pre) GE Aerospace beats estimates, raises guidance on strong demand
$EFX (+6.0% pre) Equifax Stock Rises as Mortgage Revenue Jumps 15% Even as Mortgage Market Weakens
$GM (-6.4% pre) GM beats on Q3 results, tightens profit outlook, and unveils new $20 billion buyback
$GPC (-9.3% pre) Genuine Parts (GPC) Q3 Earnings Lag Estimates
$STLD (-4.6% pre) Steel Dynamics Shares Fall 5.8% Premarket as Q3 Earnings Miss Estimates
$SYF (-2.3% pre) Synchrony (SYF) Q3 Earnings Top Estimates
Top Earnings Tu 10/20 Aft: $ADC $ALK $BWB $CB $COF $ELS $EWBC $HWC $ISRG $LRN $MCB $NFLX $NLY $NP $NPB $ORRF $OZK $PEGA $QCRH $SPCX $UAL
Top Earnings Wed 10/21 Pre: $ABT $BKU $CME $DHR $ELV $HCSG $IART $LAD $MCO $MHO $NEE $NTRS $OFG $ONB $PM $SF $T $TDY $TMO $UNF $WAB $WGO
$ALVO (+8.3% pre) Alvotech shares jump premarket after FDA approves new Simlandi process
$MYGN (+16.6% pre) Myriad Genetics and Labcorp Announce Definitive Agreement for Myriad to Sell Prenatal Health Testing Business to Labcorp $LH
$RAPP (+26.4% pre) Rapport Therapeutics Says Bipolar Mania Drug Meets Phase 2 Primary Endpoint; Shares Rise
Upgrades 10/20: $AEP $AKAM $ARHS $BLK $BYD $CPRI $GEF $GPN $HR $JBLU $LBTYA $MLM $MTCH $OPK $OXY $PDS $SMTC $TKO $TREX $VALE $VG
Downgrades 10/20: $AAPL $AOS $BORR $BXP $ELAN $EPRT $EYPT $FER $HPP $HTLD $MDXH $NE $NMRK $OGE $RELX $SAN $SMR $VOD $WERN $ZTS
+Initiations 10/20: $ADRX $AORT $ASYS $BDX $CLYM $CON $ENSC $HDRN $KMTS $KZIA $MAZE $MFP $MNKD $MOD $NVT $NWSA $OIG $QNRX $QSR $SITM $SUN $TRI $TRVD
$POLA (-27.0% pre) Polar Power completes restructuring with $1M cost cuts
$LYNX (+6.6% pre) Lyntris stock rises on $6.5M Navy drone contract extension
$IRON (-0.3% pre) Disc Medicine launches $350M public stock offering
South Korean AI firm Elice plunges 32% in market debut as investors dump data centre stocks
Top Shareholder Meetings: $PG $USAU
Top Analyst/Investor Calls (via TradeXchange): $AFYA, $FISN, $KR, $RCUS, $RGNX, $VTVT, $ZM
Top Conferences: o American College of Chest Physicians Meeting o American Society of Anesthesiologists o Chardan Healthcare Conference o Gartner IT Symposium/Xpo o Jefferies Technology Private Equity Conference o LD Micro Main Event Conference o Leerink Partners Biopharma Private Company Connect
DeepSeek Unveils Open-Source Tool to Help Cut AI Operating Costs - BBG