To The Moon

1.Looking ahead to Q4, analysts anticipate the Other 493 will outpace the Mag 7 in earnings growth for the first time since Q4'22. 2."The AI buildout ... is concentrated in the most cash-generative firms in the economy, and business saving has thus far held up through the capex surge rather than eroding against it." -Liberty Street Economics 3.CEO Confidence survey: "Cybersecurity threats were by far CEOs’ top AI-related concern" 4.The number of stocks meeting all four of my bullish trend conditions has moved back above the number meeting none. The bulls have regained the lead. Just barely. 5.Traders have bought the recent dip in semis aggressively. Bottom panel shows rolling weekly flows into Direxion’s triple-levered semis ETF through Thursday. Markets are always moving - and sometimes,

Dell Technologies ($DELL) just suffered its worst weekly decline since returning to public markets in 2018, tumbling 23% in a single week. And Dell wasn’t alone. 🔻 This week’s damage across AI and chip stocks: • 💻 Dell (DELL): -23% • ☁️ CoreWeave (CRWV): -25% • 🧠 Micron (MU): -15% • 🚀 Nvidia (NVDA): -6.6% Dell’s exposure to CoreWeave, a major AI infrastructure player, adds another layer of concern as investors reassess the risks across the AI ecosystem. 💡 The bigger question: Is this a temporary market shakeout, or are investors starting to question whether massive AI infrastructure spending will deliver the returns expected? A sharp sell-off doesn’t automatically make a stock cheap. For Dell, investors will need to assess demand for AI servers, margins, cash flow and exposure to customers

Elon Musk has brought the Tesla Roadster back into the spotlight, showcasing a futuristic design featuring SpaceX-inspired cold-air thrusters. But the bigger story may not be the car itself. Could this be another step towards bringing Musk’s business empire closer together? ⚡ Three things investors should watch: 🚗 Tesla’s next growth story: The Roadster could strengthen Tesla’s premium brand and showcase its engineering ambitions. However, turning an expensive, futuristic concept into meaningful revenue is another challenge. 🚀 The SpaceX connection: Combining Tesla’s manufacturing and technology capabilities with SpaceX’s aerospace expertise could create exciting possibilities. Speculation about a merger, however, is not confirmation that a deal will happen. 📊 The valuation question: Inves

Nokia reports earnings on October 22. While investors focus heavily on semiconductor companies, Nokia offers a different way to look at the AI investment cycle: the networks needed to move data efficiently. 📊 What the market expects • 💰 Revenue: $5.95 billion, up 8.31% year over year • 📈 Adjusted EPS: $0.07, up 26.46% • 🚀 EBIT: Around $520 million, up 39.14% These are consensus estimates, not guaranteed results. 🔍 Three things to watch 1️⃣ Can AI networking drive growth? AI data centres need high-performance networking infrastructure. Nokia’s Network Infrastructure business could benefit if AI and cloud customers continue investing in network capacity. 2️⃣ Will profits grow faster than revenue? Expected EBIT growth is considerably stronger than revenue growth. Investors will want to see wh

Friday’s tech selloff exposed a problem many investors may have overlooked: owning different technology stocks doesn’t necessarily mean having a diversified portfolio. Investors who moved from semiconductor stocks into software companies hoping to reduce risk discovered that both sectors could fall together. 🔍 Why does this matter? 💻 Different businesses, similar risks: Chipmakers depend on demand for computing infrastructure, while software companies rely on customers continuing to spend on technology. If investors become concerned about future tech spending, both groups can come under pressure. 📊 Correlation can change: Stocks that behave differently during normal market conditions may suddenly move in the same direction when investors reduce risk across an entire sector. 💰 Valuation mat

Investors have largely expected the Federal Reserve to hold interest rates steady at its October 27–28 meeting. But hotter-than-expected inflation data is putting that assumption under pressure. 📊 Here’s what matters: • 17% probability of a rate hike: Futures markets currently assign a relatively low chance of an October increase, according to the report. • Economists are divided: Some believe another hike is needed to bring inflation under control, while others expect the Fed to remain cautious. • Markets are already under pressure: With technology stocks selling off, uncertainty over interest rates adds another challenge for investors. 💡 Why it matters for stocks Higher interest rates can increase borrowing costs and put pressure on valuations, particularly for growth stocks whose expect

Investors rotated from chip stocks into software, hoping to find a safer corner of the technology market. Friday showed why that strategy may no longer work. 🔻 Friday’s selloff: • 💻 Software ETF (IGV): -4.8% • 🔌 Semiconductor ETF (SOXX): -4.1% • ☁️ Twilio (TWLO): -10.6% • 🏢 Oracle (ORCL): -5% • ⚙️ ServiceNow (NOW): -4% • 📊 Salesforce (CRM): -2% 💡 What’s really changing? Previously, investors could rotate between chipmakers and software companies as market conditions changed. Now, both sectors are vulnerable to the same concern: Are today’s technology valuations justified by tomorrow’s earnings? If investors begin questioning the returns on AI spending, chipmakers could face pressure from reduced infrastructure expectations, while software companies could suffer if businesses slow technolog

Hi Tigers! Four stocks and ETFs are flashing very different technical signals. $QQQ and $IWM may be setting up for relief bounces, $NOW is showing potential downside risk, while $TSM is approaching a key level that could determine whether its rebound holds. 📉 $Invesco QQQ(QQQ)$ — Relief Bounce or New Highs? A break below the lower Bollinger Band suggests a bounce may be near. Can it recover to all-time highs, or will the rally fade again? 🔍 $iShares Russell 2000 ETF(IWM)$ — A Fourth Bounce in the Making? Another lower-band breach, alongside bullish Stochastic divergence, raises the possibility of a rebound. Can it finally break the downtrend? ⚠️ $ServiceNow(NOW)$

Only about $0.05 of every dollar spent on $Uber(UBER)$ ends up as profit or free cash flow for the company. Now imagine an ad-supported version of Uber. What if advertising revenue could subsidize fares, making rides significantly cheaper — or even free in some cases? 👀 Uber already has a massive consumer network and valuable insights into shopping and travel behavior. Advertising could create a higher-margin revenue stream without requiring a proportional increase in rides. The big question is how much of that potential can translate into sustainable free cash flow. A trillion-dollar valuation by 2035 is an ambitious target, but new monetization opportunities could change the math. 🚗 Meanwhile, $General Motor

2 · How we research a company — Procter & Gamble (PG) Rather than give readers a list of stocks, we want to explain the research process. Procter & Gamble reports this week, so we use it as an example of how to decide whether a company belongs in a portfolio. This explains a method; it is not a recommendation. US earnings week ahead, 19–23 Oct 2026 — Stock Titan. P&G reports before the open on Thursday. Reports: before the open on Thursday 22 October 2026 (fiscal Q1 2027). The company at a glance P&G at $159.35 on 16 Oct — Investing.com. ‘Earnings in 4 days’; five-year total return about +31%. Company snapshot: P&G traded at $159.35 on 16 October, giving it a market value of about $370bn. The shares were valued at roughly 24 times earnings and offered a 2.7% dividend yi

4 · Last week’s leading news These are the main stories we are highlighting for readers this week, shown as they originally appeared so readers can judge them for themselves. @Kalshi_Finance · 16 Oct — CoreWeave founders cashed out $3.3bn. BigGo Finance · 15 Oct — CoreWeave founders’ $3.3bn cash-out; paper wealth down ~$15bn. @unusual_whales · 17 Oct — IMF warning on an AI-bubble hit to global growth. @WatcherGuru · 17 Oct — Bank of America on the AI investment cycle. @unusual_whales · 17 Oct — call to delay Anthropic’s IPO over AI-safety concerns. @coinbureau · 15 Oct — Anthropic Q3 revenue and IPO timing. Yahoo Finance — Nvidia’s Jensen Huang on cutting off unsafe-AI customers. @unusual_whales · 15 Oct — eight US states sue OpenAI. WSJ, via Threads — Netflix cutting about 1,000 jobs. @Tr