● The firm called the pending Roku deal a more appropriate valuation barometer.
Fox Factory Holding Corp. (NASDAQ:FOXF) shares fell sharply on Friday, October 16, 2026, closing at $16.04, a decline of 13.30% on the day. The maker of powersports and bicycle components ranked among the larger single-session losers in the US market. There was no confirmed …
Glass House Brands Inc. (NYSE:GLAS) closed Friday’s US session sharply lower, finishing at $3.19, down 14.02% on the day. The cannabis company was among the session’s larger percentage decliners. No company-specific news tied to Glass House was confirmed for October 16, 2026, so the …
● KFC U.S. President Catherine Tan-Gillespie called it a critical step in the Kentucky Fried Comeback.
● Sands no longer operates on the Strip, so Macau is its more direct exposure.
● The bank said operating fundamentals across Las Vegas and Macau had weakened.
● The $1,999 iPhone Duo foldable sold out within minutes of preorders opening.
● The equal-weight S&P 500 had its best week relative to technology since 2009.
Tesla (NASDAQ:TSLA) closed down 2.13% at $354.72 on Oct. 16, 2026, after an early gain faded. Shares had jumped as much as 5% pre-market following the flying demonstration of the Roadster with SpaceX thrusters, but analysts called the unveiling an engineering showcase with minimal …
● European Q3 cocoa grindings rose 3.2%, the first annual increase since Q2 2024; Asian grindings jumped 29.2% to a record.