🇺🇸US pre-market movers🇺🇸 ES -0.3% NQ -0.7% RTY -0.2% $MMM +1.2%: Profit beat & lifted FY EPS guide $RTX +1.5%: Top & bottom line surpassed exp. w/ strong outlook $STLD -5.5%: EPS & rev. short of Wall St. consensus $SOLS +3%: Starboard Value has built a stake worth several hundred million dollars $MSCI +6%: Rev. beat $GM -7.5%: Announced $20B share repurchase prog. $CCK -4.6%: Weak next Q profit outlook $EFX +4.8%: Solid Q results $HAL +4%: EPS & rev. topped Wall St. exp. $AAPL -1.2%: Downgraded at Loop Capital $CRM to acquire $BRZE for c. $5.66bln in enterprise value & shareholders to receive $47.50/shr in cash

🇺🇸US pre-market movers🇺🇸 ES +0.5% NQ +1.2% RTY +0.4% $SWKS +1.2%: Positively mentioned at Starboard & remains undervalued following acquisition of Qorvo $CRWV +6.7%: Upgraded at GS $OWL +0.8%: Investment bankers have approached Cos. founders about a potential full or partial sale $CLF +12%: Profit beat w/ strong next Q EBITDA outlook $INTC +4%: Upgraded at JPM

🇺🇸US pre-market movers🇺🇸 ES +0.1% NQ -0.2% RTY +0.1% $TSLA +3.3%: Revealed its Roadster can hit 0–60 mph in under 1 second and use thrusters to land after a ramp jump, w/ production set for 2028 $NFLX -3.6%: Chief content officer to leave $VRNS +2.8%: To be acquired by Proofpoint for $49.75/shr $AA +1.6%: Earnings beat $TRV -3.0%: Earnings beat, although Personal Insurance's declined w/ net premiums written above expected $MSTR -2.9%: MSCI’s new rules reportedly could kick Strategy out of its indexes $WDAY -0.6%: Downgraded at KeyBanc to Sector Weight from Overweight $ECHO +1.9%: Upgraded at JPM to Overweight from Underweight

Asia stocks trade higher as global markets regain composure following the recent tech bloodbath, while attention turns to comments from Fed chair Warsh: ASX 200 (+1.0%), Nikkei 225 (+1.1%), KOSPI (+1.6%)

🇺🇸US pre-market movers🇺🇸 ES -0.2% NQ -1.10% RTY +0.2% $MAGS -1.0%, $SMH -2.5%, $DRAM -6.5%: Anthropic Q3 revenue reportedly shy of bullish expectations $WMT +2.9%: Upgraded at Deutsche Bank to Buy from Hold $SCHW -1.5%: EPS & rev. beat fail to impress $PNC -2.0%: Q3 NII missed $RKLB -10.3%: Neutron launch delayed to 2027 $MAN -16.4%: Q4 guidance missed; announced CEO transition $FMC -45.6%: Woeful Q3 prelim guidance $CMC +3.4%: Earnings beat $PAG +8.4%: To go private via Motown Acquisition Corp at $212/shr cash

Morning all! - US President Trump said the Iran conflict will end soon; the US military reportedly developed new strike plans targeting Iranian energy and nuclear sites. - APAC stocks slumped amid the global tech sell-off and hotter-than-expected US CPI; US and European equity futures declined. - KOSPI was the worst performer and triggered circuit breakers after dropping as much as 8% owing to its large tech exposure. - DXY softened alongside lower US yields; crude futures retreated, while gold rallied on haven demand. - Looking ahead, highlights include UK GDP (Aug), French Final Inflation (Sep), US Jobless Claims (Oct/10), PPI (Sep), Retail Sales (Sep), Philly Fed Index (Oct), Atlanta Fed GDP (Q3). Speakers include US President Trump, BoJ’s Koeda, BoE’s Pill, Greene & Breeden, Fed’s Bowman & Hammack, BoC’s Rogers, ECB's Cipollone. Supply from Spain & France. Earnings from TSMC, Ericsson, Charles Schwab & Alcoa.

Asia-Pac stocks decline as the selling rolls over into the region following the losses stateside, owing to the tech rout and hot CPI data: ASX 200 (-0.8%), Nikkei 225 (-2.5%), KOSPI (-4.5%)

🇺🇸US CPI (Sept.) Core: M/M: 0.3% (exp. 0.2%, prev. 0.3%) Y/Y: 2.6% (exp. 2.5%, prev. 2.4%) Headline M/M: 0.6% (exp. 0.6%, prev. 0.4%) Y/Y: 3.7% (exp. 3.6%, prev. 3.4%)

🇺🇸US pre-market movers🇺🇸 ES +0.2% NQ flat RTY +0.3% Mag-7: $GOOGL +1.3% $AAPL +0.9% $AMZN +0.7% $MSFT +0.5% $TSLA -0.1% $NVDA -0.4% $META -0.5% Memory names sell off continues: $SKHY -2.9% $SNDK -2.5% $STX -1.8% $WDC -1.8% $MU -1% $BLK +4.7%: EPS & rev. topped w/ constructive comms. $BAC -4.5%: EPS, rev., FICC & equities rev. all missed on top of being fined $1.2b over money laundering failures $MS -0.2%: Headline metrics impressed although internals were more mixed $STT -5.8%: Top line slightly short of Wall St exp. $LQDA +42%: Reached a global settlement agreement w/ UTHR to resolve all pending litigation between Cos. $GME +1.5%: CEO Cohen raises stake to 9.1%

Asia-Pac stocks are mixed as the region attempts to claw back the recent tech-related losses, while participants await key releases from China, including the latest inflation and trade figures: ASX 200 (-0.7%), Nikkei 225 (+0.3%), KOSPI (+2.0%)

🇺🇸US pre-market movers🇺🇸 ES -0.1% NQ -0.7% RTY +0.3% YM +0.7% Mag-7: $AAPL +0.7% $MSFT +0.3% $GOOGL +0.1% $AMZN -0.4% $TSLA -0.9% $NVDA -1% $META -1.4% Memory names sell off continues: $WDC -6% $SKHY -5.7% $STX -5.5% $SNDK -4.5% $MU -3.7% $JPM +1%: Choppy post-earnings; initial lower on EPS, rev., net income & FICC sales miss, but reversed after raising FY26 NII guidance $GS +2.5%: EPS, rev. & NII top Wall St. consensus $WFC -2.2%: Rev. & NII light $JNJ -2.7%: Top line short but did lift FY profit outlook $UNH +2.2%: Q nos. impressed & MCR lower than exp alongside lifting FY profit outlook $DPZ -3%: SSS fell short of exp. $NVTS +3%: Collabs w/ NVDA on 800 V-to-12 V power delivery board for next-gen AI infrastructure $S -8.5%: To offer $1.25bln of convertible senior notes due 2031 $FUN -7%: One person died & several injured following a roller coaster incident at a Six Flags amusement park $BNTX -6.5%: AHEAD-MERIT Phase 2/3 clinical trial did not meet its first dual primary endpoint $SNDX -14%: Phase 2 idiopathic pulmonary fibrosis study misses endpoint

Morning all! - US President Trump said the war with Iran will end very soon and that oil prices will fall once the conflict concludes, while Saudi Arabia conducted further strikes against Houthi targets in Yemen. - US President Trump said Zelensky and Putin have to get together and end the war, while he thinks they support the energy ceasefire. - APAC stocks mostly declined amid a tech-led sell-off following weakness in US chip and memory stocks; US equity futures were pressured, while European futures point to a lower open. - DXY softened amid lower yields and geopolitical developments; crude futures declined despite continued Middle East tensions and uncertainty over a Russia-Ukraine energy ceasefire. - Looking ahead, highlights include German Final Inflation (Sep), US ADP Employment Change Weekly, Existing Home Sales (Sep), OPEC MOMR. Speakers include US President Trump, ECB's Elderson & Lane, Fed’s Waller, Barkin & Collins. Supply from the Netherlands, Italy & Germany. Earnings from UnitedHealth, JPMorgan, Goldman Sachs, Wells Fargo, Citi, Johnson & Johnson.