Grit Capital

BREAKING: DoorDash will acquire Instacart for about $17 billion, per CNBC

$MSFT just best earnings! EPS of $4.89 beating expectations of $4.72🟢 Revenue of $92.3B beating expectations of $90.7B🟢

Google $GOOGL PLUNGES over 9% after hours on an earnings MISS 🔴Revenue: $127.58B vs. $127.93B est. 🔴Operating Income: $40.58B vs. $43.16B est. 🔴Google Services: $96.30B vs. $98.40B est. 🟢Google Cloud: $30.71B vs. $29.10B est. 🔴Google Search: $63.35B vs. $64.85B est. 🔴YouTube Ads: $11.21B vs. $11.43B est. EPS: $2.12 vs. $2.87 year ago CAPEX: $51.36B vs. $55.78B est.

Big Tech is spending BIG on AI, and it's coming at a cost. Microsoft, Alphabet, Amazon, and Meta saw free cash flow plunge 89% from Q4 2025 to Q2 2026, while capital expenditures surged 39%.

Anthropic has officially filed its S-1 registration statement for an IPO, seeking to list on the Nasdaq under the ticker symbol $ANT.

BREAKING: U.S. stock futures are plunging as reports suggest Trump is considering renewed strikes on Iran. •Nasdaq futures: -1.7%
•S&P 500 futures: -1.0%
•Dow futures: -0.6%

Micron, $MU, and Nvidia, $NVDA are expected to account for 36% of the S&P 500’s earnings growth in Q3 2026 earnings season.

$META Q3 EARNINGS ARE OUT 🟢Revenue $64.6B vs Est. $63.4B 🔴EPS $3.83 vs Est. ($5.89) 🟢 Ad revenue $63.1B (+26% YoY) Q4 Guidance 🟢 Revenue $75B vs Est. $74B

$AMZN is surging over 5% after Morgan Stanley named it its Top Pick and raised its price target to $350. Amazon just added $135 BILLION to its market cap in a single day. 🚨

BREAKING: Elon Musk says he will give every American child 1 share of SpaceX ($SPCX) in 2027. That's $146 in SpaceX stock for every child in America.

Bank of America just missed earnings: 🔴EPS: $0.91 vs. ~$1.10 exp. 🔴Revenue: $29.96B vs. ~$30.6B exp. The biggest drags:
• $1.2B regulatory fine
• Trading revenue fell 5%
• Investment banking fees fell 11% Even excluding the fine, adjusted EPS came in at $1.08. $BAC

Inflation is heating back up. September CPI rose to 3.7%, above the 3.6% expected. Core CPI also came in hot at 2.6%, vs. 2.5% expected. That makes this the third-highest U.S. inflation reading since September 2023.

JUST IN: Home Sellers now officially outnumber Home Buyers by the largest margin ever recorded…

Wow. Semiconductor stocks now account for roughly 15% of the entire U.S. stock market.

Starbucks already hired Chipotle’s CEO. Now it might want the whole company. 👀 And the timing is interesting: Brian Niccol is still in the middle of trying to turn Starbucks around, while Chipotle’s valuation has come down significantly since he left.

SpaceX is in talks to borrow $40 billion to buy Nvidia chips. $SPCX $NVDA

TSMC is already up 61% YTD and Wall Street thinks the run may have more room. Citi now expects: • 40%+ revenue growth in 2027 • AI revenue to nearly double • Continued earnings upgrades as chip supply stays tight The stock hit a record high this week. Earnings Oct. 15.

BREAKING: SpaceX shares soar above $165 after @elonmusk announces SpaceXAI will be renamed “SpaceXSI.”

U.S. economy nearing an impressive achievement on the unemployment front: Unemployment has stayed below 5% for nearly five years, bringing the U.S. close to its longest such streak since the mid-1960s. Hiring may be cooling, but Americans are still holding onto their jobs.

BREAKING: August PCE inflation falls to 3.4%, below expectations of 3.7%. Core PCE inflation fell to 3.0%, below expectations of 3.3%.