Opening Recap
Market Pulse: Global stocks drifted lower as technology names weighed on major benchmarks, setting a cautious tone ahead of the bell.
Key Movers: SanDisk’s Q1 earnings surprise, Johnson & Johnson’s FDA nod for Darzalex Faspro, and Bill Ackman’s rallying Hertz position dominated chatter.
Macro & Politics: Ford’s plan to halt the F-150 EV underscores how shifting subsidies and regulations can derail even flagship projects.
What’s Next: Watch for AMD’s Financial Analyst Day on November 11—chip bulls will be tuning in for fresh guidance.
Enhanced Market Commentary
Everyone’s eyes are locked on tech beats and biotech approvals, but few are calling out how political winds can snatch the rug right out. Ford shelving its F-150 EV project is a stark reminder that government meddling can flip a green-tech success into a stranded asset, and that’s a damn big risk for anyone loading up on promises alone.
Now, stitch together SanDisk’s surge (“SanDisk up 8% at $223.50 after Q1 earnings beat and guidance”, Thefly.com) with Johnson & Johnson’s FDA win (“Johnson & Johnson announces FDA approval of DARZALEX FASPRO for HR-SMM”, Thefly.com) and the fragile state of crypto credit (“Market Maker Flowdesk Says Crypto Credit Is Finding a Fragile Balance”, Coindesk) and you’ve got a thesis: real-world catalysts are scarce, while hype-driven trades are ripe to implode. Hell, don’t let yield-hungry punters in shaky lending pools catch you off guard.
Action time: overweight pure earnings and regulatory victories, and trim the overhyped EV and crypto carry plays before that structural fragility shows. Let real profits and approvals guide your moves—ignore the whispers about policy promises and hype cycles.
📈 Breaking Financial News
SanDisk up 8% at $223.50 after Q1 earnings beat and guidance
See the rest of the story here.
thefly.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fly's real-time, streaming news feed keeps individual investors, professional money managers, active traders, and corpor…
Johnson & Johnson announces FDA approval of DARZALEX FASPRO for HR-SMM
See the rest of the story here.
thefly.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fly's real-time, streaming news feed keeps individual investors, professional money managers, active traders, and corpor…
Market Maker Flowdesk Says Crypto Credit Is Finding a Fragile Balance
Lenders are in full-on panic mode, scrambling to deleverage after Stream Finance’s $93 million collapse and a $20 billion crypto puke in October, even as credit lines strangely stay open. Borrowing demand for SOL, XLM, ENA, APT and BTC is shockingly still healthy—mostly for hedges and funding, not dumb directional bets—and yields on blue-chip pools like Maple and Jito are squeezed but still outpace Chainlink’s 5 percent and 10-year Treasuries. Flowdesk sees capital legging out of sketchy pools w
Asian shares retreat after falling tech stocks pull Wall Street lower
Shares retreated in Asia on Friday after losses for influential technology stocks pulled Wall Street benchmarks lower. U.S. futures edged higher and oil prices advanced. Japan's Nikkei 225 index fell more than 2% early in the session and was trading 1.6% lowe…
Buffett, Gates and Bezos Quietly Dumping Stocks-Here's Why The world's wealthies
Warren Buffett just liquidated billions of shares. Bill Gates sold 500,000 shares of Microsoft. Jeff Bezos filed to sell Amazon shares worth $4.8 billion. What is going on? One multi-millionaire believes they are preparing for a catastrophic event. But not a crash, bank run, or recession. It's something we haven't see in America for more than a century. For the full story, click here.
🔍 Market Analysis & Insights
Asian shares retreat after falling tech stocks pull Wall Street lower
Shares have declined in Asia after losses for influential technology stocks pulled Wall Street benchmarks lower, though U.S. futures edged higher
Asian shares retreat after falling tech stocks pull Wall Street lower
BANGKOK (AP) — Shares retreated in Asia on Friday after losses for influential technology stocks pulled Wall Street benchmarks lower. U.S. futures edged higher and oil prices advanced. Japan’s Nikkei 225 index fell more than 2% early in the session and was tr…
Grant Thornton Ireland head: ‘We need to think differently to how we’ve done things before’
Firm has cut back on hiring graduates to train as accountants in recent years as it vies for data scientists and coders
Shiny Smile Veneers Reviews: Do These Snap On Veneers Really Work?
In this concise and honest review, we will analyze the Shiny Smile Veneers' genuine benefits, potential drawbacks, unique selling points, and what actual customers have to say about them.
Tech Stocks Steer Markets Downward
Wall Street lost ground Thursday as influential technology stocks fell and once again steered the broader market. The S&P 500 fell 75.97 points, or 1.1%, to 6,720.32. The Dow Jones Industrial Average fell 398.70 points, or 0.8%, to 46,912.30. The Nasdaq compo…
The TRUTH About Trump and Musk?
If you think there's something strange about the “feud” between Trump and Musk… You need to see THIS jaw-dropping video… Because it explains what could REALLY be going on behind the scenes… And how it could hand investors a stake in a $12 trillion revolution. Click here now to see the full story.
💰 Investment Opportunities
Bill Ackman's Bet on Beleaguered Hertz is Up 90% as Stock Jumps 35% After First Profits in Two Years
Bill Ackman's Pershing Square has bought over 15.2 million Hertz shares since Q4 2024, with profits exceeding 90% after the company reports its first profits in two years.
Dear AMD Stock Fans, Mark Your Calendars for November 11
The chipmaker is set for its Financial Analyst Day next week.
REVEALED: Palm Beach Millionaire's Warning About “The Great Replacement” A Wall
He warns of an economic restructuring that will eliminate traditional career paths while creating unprecedented wealth opportunities. This message cannot be silenced