Limitless

🚨🚨🚨 THE MARKET IS NOT READY FOR TODAY'S FED DECISION! The Fed announces its interest rate decision TODAY at 2:00 PM ET. Markets currently price a 95% chance of NO RATE HIKE (market: limitless.is/fed-oct). The Fed is facing a difficult situation: • Inflation has accelerated to 3.7%, well above the 2% target. • Interest rates already sit at 3.75-4.00% following September's hike. • The 10Y Treasury yield has climbed above 5%, putting additional pressure on stock valuations. • Investors are already pricing in another potential hike in December. Here are FIVE scenarios for how the S&P 500 could react: 🟢 NO HIKE + DOVISH GUIDANCE: Stocks rally as the Fed signals it can afford to wait before tightening further. 🟡 NO HIKE + NEUTRAL GUIDANCE: A muted reaction as the Fed delivers exactly what markets expect. 🔴 NO HIKE + DECEMBER HIKE SIGNAL: Stocks sell off as investors price in higher borrowing costs for longer. 🔴 0.25% HIKE + HAWKISH GUIDANCE: Stocks face a sharper selloff as the Fed signals inflation remains a serious threat. 🟢 0.25% HIKE + DOVISH GUIDANCE: A relief rally becomes possible if investors believe the Fed is approaching the end of its tightening cycle. Limitless traders are leaning bullish short-term, seeing a 61% chance $SPY closes green today: Market: limitless.is/spy-oct28 All eyes on $SPY.

🚨 OPENAI CEO SAM ALTMAN: "WE HAVE SUPER INTELLIGENCE NOW" "Watching the rate of progress the last six months has tested the strength of my convictions" "Certainly, mathematical reasoning as far as I'm concerned we have super intelligence now" "I didn't think it was gonna happen this fast" "The systems are just getting so capable so quickly" "We're gonna have to make some changes to how we think about pacing progress from here" Meanwhile, the chance of an OpenAI IPO in 2026 has collapsed from 72% to just 3% in 4 months (market: limitless.is/openai-ipo-date). Do you agree?

🚨 CITADEL'S KEN GRIFFIN: THERE'S "ALMOST CERTAINLY" AN AI BUBBLE "There's almost certainly bubbles within this moment in time" "Any radical transformation of our economy is generally intertwined with a bubble" "I remember 1999-2000 and the metrics that we used to value internet companies" "I just wish I'd kept my $AMZN stock from that moment in time" "The internet which was the great bubble. Could it be more of a part of our daily life than it is?" "The companies that are on the other side of that bubble are the market leaders for decades to come" Meanwhile, there's a 76% chance Anthropic IPOs in November 2026 (market: limitless.is/anthropic-ipo-m…) Is this Dotcom bubble 2.0?

Anthropic valuation: $2 trillion Amazon valuation: $2.6 trillion Anthropic revenue: $65 billion Amazon revenue: $716 billion Explain this gap.

🚨 $TSLA HAS JUST A 39% CHANCE OF BEATING EARNINGS TODAY Tesla reports Q3 earnings today after market close. Wall St expects: • Revenue: $28.34B vs. $28.1B last year • Adjusted EPS: $0.45 vs. $0.50 last year • Energy storage: 13.7 GWh, up ~10% YoY • Operating cash flow: $3.27B • Free cash flow: -$4.51B Tesla enters earnings with a mixed picture: Vehicle deliveries beat expectations by 5.3%, but Wall Street still expects adjusted earnings to decline roughly 10% YoY. Meanwhile, aggressive AI spending, robotaxi expansion and Optimus development continue to put pressure on cash flow. Prediction markets now give $TSLA just a 39% chance of beating EPS estimates today. Market: limitless.is/tsla-q3 BUT even an earnings beat might not be enough. Investors will focus on automotive margins, cash burn and whether Tesla's AI ambitions can justify its valuation. Can $TSLA surprise everyone again?

🚨 ELON MUSK: "A SPACEX-TESLA MERGER IS NOT A DONE DEAL" On SpaceX's Q3 earnings call, Elon was asked about combining the $SPCX & $TSLA companies: "It's sort of an odd kabuki dance where two groups of people are talking, and I can't be in the conversation" "Some people out there assume that a SpaceX and Tesla merger is a certainty, and I think that would be overstating it" "Do I think it would be a good idea? Yes" "On the Tesla side, we will need a 50% vote of all shares, not just those who vote" "There's a lot of merit to combining the companies as we are pretty much in the super intelligence singularity" Tesla reports Q3 earnings today after the close. There's a 38% chance Tesla beats the $0.43 EPS estimate (market: limitless.is/tsla-q3) Would you vote yes on the merger?

🚨 BREAKING: $NVDA CEO JENSEN HUANG RESPONDS TO AI BUBBLE FEARS "As we exit this decade, infrastructure buildout will probably be somewhere between $3-$4 trillion a year" "Obviously, it's closer to $4T than it is closer to $3T" "It was half a trillion before AI started" On the $100B+ of AI lab revenue people extrapolate from: "It's just a part of the overall infrastructure build out" Meanwhile, there's only a 4.5% chance OpenAI IPOs by December 31 (market: limitless.is/openai-ipo-date) Bubble or just getting started?

🚨 $NFLX ENTERS EARNINGS AT ITS CHEAPEST VALUATION IN YEARS Netflix heads into tonight’s report down 26% YTD, despite a much stronger business than in 2022. 2022 → latest trailing 12 months through June 2026: • Revenue: $31.6B → $48.4B • Free cash flow: $1.6B → $11.2B • Operating margin: 17.8% → 29.7% $NFLX trades at 22x trailing earnings and 20x forward earnings. Still, management’s latest 2026 outlook calls for $51–51.4B in revenue and a 31.5% operating margin. The business is bigger and more profitable and $NFLX has a 53% chance of beating earnings. Market: limitless.is/nflx-earnings-q… Tonight, Netflix needs to prove its slowing growth deserves more than a shrinking multiple. Is $NFLX undervalued here?

Is this how the Black Monday is supposed to look like?

🚨 BREAKING: Elon Musk (@elonmusk) says he'll start giving his SpaceX $SPCX shares to every kid in America. There's a 68% chance $SPCX closes green today.