Onu Anda

ACFMarketWrap: A 12.6% plunge in $GOOG is shaking Wall Street's AI trade, even as the US economy powers ahead and London's energy giants push higher - US equities retreated Thursday as disappointing hyperscaler earnings reignited concerns over whether the AI spending boom can deliver the returns investors expect. The S&P 500 -0.5%, Nasdaq -1.4% and Dow lost 310 points, with communication services and technology leading the decline. $GOOG suffered a sharp sell-off after missing earnings and revenue expectations, rattling confidence in AI-related valuations. Investors also turned cautious ahead of after-hours results from $AMZN and $INTC, with the stocks -3.1% and -2.2%, respectively. Industrial heavyweight $CAT tumbled nearly 12% after forecasting only moderate 4Q26 sales growth, adding to the pressure on broader sentiment. Healthcare provided a powerful counterweight: $LLY surged 7.3% after raising its revenue outlook on strong demand for weight-loss treatments, while $MRK gained 3.3% following an upgrade to its guidance. Meanwhile, resilient cloud sales offered support to $MSFT, although the broader technology sector remained under pressure. Fresh economic data complicated the Fed's outlook, with US GDP expanding a stronger-than-expected 3.4% in 3Q26 while September PCE inflation accelerated, reinforcing concerns that interest rates could remain elevated. Mag 7 mixed: $GOOG -12.6%, $NVDA -0.87%, $MSFT -1.27%, $AMZN -3.36%, $TSLA +0.18%, $META +2.95%, $AAPL +1.74%. London bucked Wall Street's weakness, with the FTSE 100 edging higher for a second consecutive session as energy, defence and pharmaceutical stocks offset sharp losses elsewhere. $SHEL.L +1.7% after unveiling a $5bn 4Q26 share buyback, up from $3bn previously, supported by stronger refining profitability and higher earnings amid energy-market disruptions linked to the Iran war and Russia-Ukraine conflict. $BP.L +0.7%, while $AZN.L +>2% ahead of its results. Defence stocks also advanced, with $BA.L + ~3% and $RR.L +1.7%. However, consumer healthcare group $HLN plunged 15% after cutting its full-year revenue outlook despite announcing plans for up to £500m in share repurchases. $LLOY ->5% despite beating 3Q26 profit estimates, as unchanged guidance disappointed investors. The bank reported net interest income of £3.8bn, up 10% y/y, but the stronger figures failed to prevent the sell-off. Next in focus: Bank of Japan Interest Rate Decision ACFview @WizardBattery @EU_Startups @Share_Talk @ZaksTradersCafe @zakmir @VOXmarkets @focusIR @LondonSouthEast @BullsNBearsWA @ArthurBenta

ACFMorningMeeting - Budget relief and ECB caution - UK investors have absorbed the Budget without a borrowing shock, and a generous yield response. With £15bn of fiscal headroom and a temporary rise in the bank surcharge leaves gilt yields and bank earnings in focus. Across Europe, today’s ECB decision comes amid French bond pressure, while the Fed’s hold with two votes for a rise keeps borrowing costs in view. Lower oil eases one inflation concern; the policy backdrop still favours selective buying over a broad rally. Morning Trade Session - UK and European cash markets have risen this morning, with large-cap results doing much of the work. The FTSE 100 reached 10,733.52 (+0.36%) at 08:35 GMT as Shell $SHEL.L gained after stronger 3Q earnings and a $5bn buyback; the FTSE 250 was up just +0.1% around 09:17 GMT. Germany’s DAX and France’s CAC 40 were each up +0.4% around 09:17 GMT, with Airbus $AIR.PA supporting Paris. The wider STOXX 600 was up only +0.11% at 08:06 GMT: Haleon $HLN.L’s guidance cut and weakness in technology show that gains remain selective ahead of the ECB. Stock Watch - STMicroelectronics $STM reported 3Q sales of $3.76bn (+17.9% y/y) and a $4.15bn 4Q sales midpoint today. Watch $LLOY's 3Q against the Budget's temporary bank surcharge rise; $SHEL and Haleon also have scheduled updates. Molecular Partners $MOLN narrowed its radiotherapy focus and guided cash runway into late 2027. Commods - OIL Brent ~$114.08/bbl (-1.07%); WTI ~$101.52/bbl (-1.22%) as Iran diplomacy trims the risk premium. GOLD ~$4,031/oz (-0.90%); COPPER ~$6.60/lb (-0.6%). 28 Oct ICE closes: COCOA ~$5,462/t (-2.06%), SUGAR ~19.36¢/lb (+0.83%), COFFEE ~286.35¢/lb (-2.52%). Data Focus - ECB decision 13:15 GMT. The Fed held 3.75–4.00% yesterday by 10–2, with both dissenters seeking a hike. ACFView:. Watch ECB language and gilt spreads before the USopen. @WizardBattery @EU_Startups @Share_Talk @ZaksTradersCafe @zakmir @VOXmarkets @focusIR @LondonSouthEast @BullsNBearsWA @ArthurBenta @aimrns

ACFMarketWrap: A £15bn UK Budget cushion, a Fed decision and fresh AI chip deals are setting the stage for a pivotal session across global markets - Wall Street edged higher as investors balanced renewed semiconductor optimism against uncertainty over the Fed's next move and a wave of major technology earnings. The S&P 500 gained 0.3%, Nasdaq rose 0.4% and Dow hovered near flat ahead of the central bank's policy announcement. Markets widely expect rates to remain unchanged following last month's 25bp hike, with attention firmly on guidance for the rest of the year. AI stocks found support after South Korea's SK Hynix reported record quarterly profits, while reports that OpenAI plans to purchase AI chips from $GOOG added momentum to the sector. $AVGO +2%, $MU +4.9% and $AMD +1.8%, while real estate and materials lagged. Investors also awaited after-hours results from $MSFT and $GOOG. Mag 7 mixed: $GOOG +1.6%, $NVDA -0.32%, $MSFT -0.73%, $AMZN -0.19%, $TSLA -1.55%, $META -1.04%, $AAPL -0.34%. London held steady, with the FTSE 100 near flat as Chancellor John Healey unveiled his first Budget, sending UK 10-year gilt yields towards 5.3%, their lowest in over a month. The government reaffirmed its fiscal rules, with the OBR projecting £15bn of fiscal headroom for 2029-30, broadly matching expectations, while planned gilt issuance remained in line with forecasts. Measures included energy bill relief, smaller-than-feared bank tax increases, tariff suspensions on more than 100 supermarket products and a 3.9% rise in minimum wages. The Budget also committed an additional £20.4bn to the National Wealth Fund and British Business Bank to support investment and an estimated 140,000 jobs. However, the economic outlook remained challenging: the OBR cut its 2027 GDP growth forecast to 1% from 1.6%, citing the impact of the Iran war, while lifting its 2026 estimate to 1.2% from 1.1%. Borrowing and public debt projections were also revised higher across the forecast period. European equities struggled for direction, with the Euro STOXX 50 and STOXX 600 broadly unchanged as gains in Germany and Italy offset a decline of more than 1% in Spain following a fatal rail crash that claimed 68 lives. Rising Middle East tensions lifted crude prices and supported oil and gas stocks, which gained over 1%, while autos advanced more than 1% and utilities added over 0.5%. Media stocks dropped ~2%, with miners, household goods and chemicals also under pressure. Corporate earnings drove sharp moves: $LOGN -10% on supply-chain concerns, $GSK -5% after disappointing results and $SAN -5.5% on weaker net profit, while $UBS -1%. ethereum:0x45e02bc2875a2914c4f585bbf92a6f28bc07cb70 +0.4% despite lowering its outlook, and $BNP +0.3%. Financials offered some bright spots, with $WLN +5%, $STAN +2.7% and $DBK +4% on stronger results or guidance. Next in focus: Fed Interest Rate Decision & Japan Consumer Confidence. ACFview @WizardBattery @EU_Startups @Share_Talk @ZaksTradersCafe @zakmir @VOXmarkets @focusIR @LondonSouthEast @BullsNBearsWA @ArthurBenta

ACFMarketWrap: A $63bn AI financing deal is firing up chip stocks as falling oil prices give Wall Street another lift ahead of the Fed - US equities mostly advanced Tuesday as semiconductor gains, easing energy costs and mixed corporate earnings kept investors engaged ahead of Wednesday's crucial interest-rate decision. The S&P 500 gained 0.3%, Nasdaq 100 climbed 0.7% and Dow held near flat. $AVGO surged over 4% after a banking consortium and $BX announced $63bn in financing linked to Anthropic's use of Broadcom technology, reinforcing confidence in large-scale AI infrastructure spending. Earnings delivered sharp contrasts: $JBLU soared 12% on an upbeat margin outlook, while $UPS gained 2% after beating profit expectations. However, $BA ▼9% after reporting a larger-than-expected 3Q26 loss, and $GLW ▼4% despite stronger-than-forecast results. $WHR ▼over 1% following a quarterly loss, while $PYPL ▼ 0.5% after 3Q26 revenue disappointed. Attention now turns to the Fed, with rates widely expected to remain unchanged as investors scrutinise policymakers' guidance for signs of further tightening before year-end. Mag 7 mixed: $GOOG +1.08%, $NVDA +0.91%, $MSFT -0.01%, $AMZN +1.79%, $TSLA +3.63%, $META -1.01%, $AAPL +0.65%. Europe extended its recovery for a second session as declining oil prices improved the inflation outlook amid renewed diplomatic efforts to resolve the US-Iran conflict. The Euro STOXX 50 +0.8% and STOXX 600 +0.5%, with Italy +0.8%, Germany and Spain +0.7%, and France +0.4%, while the UK bucked the trend with a 0.7%▼. Mining and technology stocks led the advance, while personal care and automakers lagged. Corporate results remained a major source of volatility: $HSBA ▼5.4% after 3Q26 profits missed expectations, while $RKT ▼4.9% after cutting its sales outlook amid US supply constraints and weaker vitamin demand in China. $P911 gained 3.8% as resilient profitability helped offset declining vehicle deliveries. UK bucked the trend. Mining and technology stocks led the continental advance, while personal care and automakers lagged. London faced a tougher session, with the FTSE 100 ▼ > 0.5% as disappointing earnings and weaker energy shares overshadowed a mining rally. Oil majors also struggled as Brent retreated on renewed US-Iran peace hopes, sending $SHEL.L▼1.7% and $BP.L ▼2.8%. Miners provided a rare bright spot, with $ANTO.L + 4.6%, while $EDV.L, $FRES.L and $RIO.L + ~2.5% each and $AAL.L +2.3%. UK inflation pressures also resurfaced as October shop price inflation accelerated to 2.1% y/y from 1.4% in September, exceeding the 1.6% forecast and complicating the outlook for consumer spending and monetary policy. Next in focus: API Crude Oil Stock Change. ACFview @WizardBattery @EU_Startups @Share_Talk @ZaksTradersCafe @zakmir @VOXmarkets @focusIR @LondonSouthEast @BullsNBearsWA @ArthurBenta

@TuhuraBio first look @ IFx2.0 deep seated Merkel cell carcinoma open label study w/ Keytruda *Webcast @ 8:30 am ET *Each of the 3 first patients achieved major objective antitumor response (PR) @ 6 months *9 patient enrollment goal $HURA https:/tinyurl.com/2zwjmakk