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Why are Alphabet (NASDAQ:GOOGL), Amazon (NASDAQ:AMZN), Meta Platforms (NASDAQ:META) and Oracle (NYSE:ORCL) spending more than their cash flow covers?

Key HighlightsUSD 44.9 billion of second quarter capex against USD 39.1 billion ofOperating Cash Flowgave Alphabet (NASDAQ:GOOGL) its first negative free cash flow quarter since its 2004 IPO, the commentary says, and its shares fell 7% that day.Amazon (NASDAQ:AMZN) spent USD 54.2 billion on …

Vinay Lochav | 30 October 2026

Why Did Exxon (NYSE:XOM), Chevron (NYSE:CVX), AbbVie (NYSE:ABBV) and Mondelez (NASDAQ:MDLZ) Rise 2% to 7% While Tech Sold Off?

Key HighlightsExxon (NYSE:XOM) reported Q3 adjusted EPS of USD 4.23 against about USD 4.08 expected, on adjustedEarningsof USD 17.5 billion, and rose about 1.8% to 2.1% in premarket on October 30, 2026.Chevron (NYSE:CVX) reported Q3 adjusted EPS of USD 5.28 against USD 1.85 a …

Vinay Lochav | 30 October 2026

How is Anthropic's compute financed through Apollo Global Management (NYSE:APO), Broadcom (NASDAQ:AVGO), Amazon (NASDAQ:AMZN) and SpaceX (NASDAQ:SPCX)?

Key HighlightsA market commentator says a vehicle funded by Apollo Global Management (NYSE:APO) and Blackstone raised about USD 35 billion ofDebtin June 2026 to buy roughly one gigawatt of Google TPU chips andLeasethem to Anthropic, which never owns the chips.If Anthropic stops paying the …

Vinay Lochav | 30 October 2026

Why Did Intel (NASDAQ:INTC), Reddit (NYSE:RDDT), Sandisk (NASDAQ:SNDK) and Pinterest (NYSE:PINS) Fall 8% to 25% After Results?

Key HighlightsIntel (NASDAQ:INTC) was down about 25% in premarket on October 30, 2026 as a Q4Revenueguide of USD 15.0 billion to USD 16.0 billion trailed earlier estimates near USD 17.1 billion, despite Q3 adjusted EPS of USD 0.52 beating USD 0.40.Reddit (NYSE:RDDT) was indicated …

Vinay Lochav | 30 October 2026

How Did a Reported USD 6.3 Billion Binance Hack Hit Bitcoin (BTC), Coinbase (NASDAQ:COIN) and Strategy (NASDAQ:MSTR)?

Key HighlightsA reported theft of about USD 6.3 billion to USD 6.36 billion at Binance began around 8:05 p.m. UTC on October 29, 2026, with USD 2.54 billion to USD 2.7 billion frozen depending on the timestamp, according to private analytics firms and Binance.Bitcoin …

Vinay Lochav | 30 October 2026

What do index and fund holders carry in SPDR S&P 500 ETF Trust (NYSEARCA:SPY), Invesco QQQ Trust (NASDAQ:QQQ), SpaceX (NASDAQ:SPCX) and Nvidia (NASDAQ:NVDA)?

Key HighlightsA market commentator cites JPMorgan's view that AI stocks made up 75% of the S&P 500's returns between ChatGPT's launch in November 2022 and September 2025, which bears on funds such as SPDR S&P 500 ETF Trust (NYSEARCA:SPY) that hold theindexby weight.Under a …

Vinay Lochav | 30 October 2026

Why Did SPY (NYSEARCA:SPY) Lag a 1.01% Russell 2000 Gain as QQQ (NASDAQ:QQQ) Slid 2.38%, IWM (NYSEARCA:IWM) Dipped and IEF (NASDAQ:IEF) Eyed Hike Odds?

Key HighlightsSPDR S&P 500 ETF Trust (NYSEARCA:SPY) tracks the S&P 500, which fell 0.30% to 7,720.39 on October 29, 2026, while the equal-weight S&P 500 added about 1.2% and 81% of S&P 500 stocks advanced; the ETF's own move was not verified.InvescoQQQTrust (NASDAQ:QQQ) was …

Vinay Lochav | 30 October 2026

What did a published scorecard find in the business models of Microsoft (NASDAQ:MSFT), Nvidia (NASDAQ:NVDA), Broadcom (NASDAQ:AVGO) and Spotify Technology (NYSE:SPOT)?

Key HighlightsMicrosoft (NASDAQ:MSFT)Revenuetotals USD 332B, led by Server Products and Cloud Services at 39% of the total, or USD 129B, up 31%, with Microsoft 365 Commercial Products and Cloud Services at 30.7% and USD 102B, according to a published scorecard.Nvidia (NASDAQ:NVDA) revenue of USD …

Vinay Lochav | 30 October 2026

What Is USD 77.3 Billion of Amazon (NASDAQ:AMZN) Capex Telling Us About Alphabet (NASDAQ:GOOGL), Intel (NASDAQ:INTC) and Sandisk (NASDAQ:SNDK)?

Key HighlightsAmazon (NASDAQ:AMZN) reported Q3 capex of USD 77.3 billion against USD 35.1 billion a year earlier, guided 2026 capex to about USD 220 billion, and posted trailing freeCash Flowof an outflow of USD 42.4 billion.Alphabet (NASDAQ:GOOGL) reported Q3 EPS of USD 2.12, below …

Vinay Lochav | 30 October 2026

Why do P/E ratios of 26.9x to 43.6x earn Buy or Watch for Microsoft (NASDAQ:MSFT), Nvidia (NASDAQ:NVDA), Broadcom (NASDAQ:AVGO) and Spotify Technology (NYSE:SPOT)?

Key HighlightsMicrosoft (NASDAQ:MSFT) trades at a trailing price toEarningsratio of 27.7x against a five-year average of 32.2x, and the scorecard rates the valuation attractive, scoring it 4 of 5, with the shares at USD 531.01.Nvidia (NASDAQ:NVDA) has the lowest P/E of the four at …

Vinay Lochav | 30 October 2026
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