|
|
Consolidate your portfolio into Robinhood 💰 |
Get uncapped bonuses during HOOD Week. |
Whether you’re an active trader or just looking to consolidate accounts, now’s the time to make Robinhood your primary trading platform. |
HOOD Week is designed for investors looking to consolidate their portfolios and boost their earnings. |
From October 16 to 27, Robinhood is offering uncapped bonuses for transferring your assets — whether it’s stocks, cash, options, or IRAs. |
|
What you can earn during HOOD Week: |
1% bonus on brokerage transfers, ideal for individual and joint accounts. 2% bonus on transfers with margin balances (minimum $10k). 3% bonus on IRA transfers with Robinhood Gold — the best way to grow your retirement savings. |
Take advantage of this 12-day event and maximize your returns with these incredible offers. |
|
Disclosures: Investing is risky. Bonus offers subject to terms and conditions, visit robinhood.com/hoodweek for more information. Margin is not suitable for all investors. Robinhood Gold is offered through Robinhood Gold LLC and is a subscription offering services for a fee. Brokerage services offered through Robinhood Financial LLC (member SIPC), a registered broker dealer. |
|
📰 Market Headlines |
|
Stocks rebounded sharply yesterday, with the Dow Jones Industrial Average surging nearly 350 points to a fresh record high. |
The S&P 500 climbed 0.5%, while the Nasdaq gained 0.3%. |
The FTC adopted a "click-to-cancel" rule, requiring businesses to simplify canceling subscriptions and prevent unauthorized charges. |
A Georgia judge blocked a ballot hand-counting rule. |
Amazon and Dominion partnered to develop nuclear reactors in Virginia, part of a $500 million investment. |
|
🕶️ Market Vibes |
🎰 Market Forecasts and Futures |
Forecasts via Kalshi, the prediction market. |
|
😱 Fear and Greed Index |
|
|
🎤 What you said last time |
|
What you had to say: |
“Boeing needs to return to its roots as an engineering company and eliminate any executive that thinks otherwise. Boeing must hire the best and brightest companywide, regardless of color or any other checkbox. It needs to rid itself of DEI and ESG completely. It needs more control of its supply chain. There is no excuse for the door plugs blowing out. They must lack Quality Control procedures. Bringing more of its supply chain inside is probably a good idea. They should have never, ever launched that Starliner capsule unless it was perfect. Space is unforgiving.” |
|
📈 Trends you need to know | | While declining, cocoa prices are more than 3x of their historical averages. Not so sweet. |
|
|
|
🧠 What do you think? |
Both cocoa and coffee prices are up bigly this year. |
Which would you rather give up? |
|
|
📊 Stocks |
|
|
Winners and losers |
Earnings, upgrades, and acquisitions |
Abbott reported strong Q3 sales growth, pushing shares up 1.5%. Alcoa reported Q3 profit jumped 182, shares jumped 5.6%. ASML shares plunged 4.9% after cutting 2025 financial guidance. Morgan Stanley beat estimates; shares rose 6.5%. Citizens Financial projected Q4 net interest income to rise 1.5%-2.5% sequentially, yet shares dropped 2.46%. |
Market movers |
RTX agreed to pay $950 million to settle US fraud and bribery charges. Airbus announced plans to cut 2,500 jobs by 2026 due to a tough space market. Apple launched new tools for managing email, calls, and payments. Intel laid off 2,000 workers as part of a 15,000-job cut plan. Meta sacked “a small number” of employees from its Whatsapp and Insta divisions. |
Ideas, trends, and analysis |
|
|
Cocoa prices doubled for 2024/2025, potentially raising Halloween candy costs. US import prices dropped 0.4% in September, easing inflation. 40% of Americans now live in hurricane areas, and the number of people moving to wildfire zones has risen by 146%. |
|
|
|
|
🌍 Global Perspectives | | 🇳🇬 A tanker explosion in Nigeria killed 147 after the driver lost control in Majiya. 🇨🇳 🇹🇼 China reaffirmed it won’t renounce force over Taiwan during Xi Jinping's island visit. 🇺🇦 🇷🇺 Ukraine shot down 68 of 136 Russian drones in a large overnight attack. 🇲🇽 Mexico’s ex-drug czar Garcia Luna faces sentencing for taking Sinaloa Cartel bribes. 🇷🇴 Romania is set to raise the minimum wage by 9.5% in January 2025. |
|
|
|
📊 Crypto | | Yellow Card raised $33 million to expand payment services in 20 African countries. Stacked launched a Bitcoin and gold ETF to hedge against inflation and currency debasement. Binance Labs invested in Lombard Finance, a $640 million Bitcoin liquid staking platform. A promoter of the Forcount crypto Ponzi scheme was sentenced to 20 years and forfeited $3 million. | |
|
|
|
|
|
📺 What to Watch Today |
| Wild cat caught after being loose in Chicago's Northwest suburbs |
|
|
That’s all for today. Did I miss anything? Smash the reply button to let me know. | Cheers, | Wyatt |
|
|
|
|
|
