● The 10-year yield dipped below a key level for the first time since September 22.
● The VVIX, a gauge of expected swings in the VIX, stood at 107.9.
● Six S&P 500 sectors rose, and the equal-weight index finished higher.
● The VIX put/call ratio was a low 0.18 on Wednesday.
● Initial jobless claims fell to 194,000, the fewest in about three months.
● Initial jobless claims fell to 194,000, the fewest in about three months.
● Brent rose $4.35 to $113.17, its highest since May 4.
The evidence this week points to a trade being tested rather than broken. The Nasdaq 100 rose 1.1% on Thursday, October 22, with technology shares leading and AI-linked stocks recovering in late trading after solid earnings, even though tech and chip shares had sold …
The AI bubble debate asks whether spending by the largest cloud companies will be repaid by revenue and cash flow. The Nasdaq 100 rose 1.1% on Thursday, October 22, as earnings eased spending fears. An April tally put 2026 capex at Microsoft (NASDAQ:MSFT), Alphabet …
The $725 billion figure dates from late April, when an industry tally of 2026 plans at Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META) and Amazon (NASDAQ:AMZN) showed spending 77% above the record $410 billion of 2025. Since then the guidance has moved in different …