AMD Supplier Balances Boost Cash Flow by $4.48B in Nine Months
Earnings James Calloway

AMD Supplier Balances Boost Cash Flow by $4.48B in Nine Months

AMD's payables increase added $4.48B to operating cash flow, covering 68.7% of total. Q3 cash generation dropped 32.8% as inventory outflows surged.

AMD
SOXX 3-for-1 Split: Price Reset and Options Adjustments
Markets Daniel Marsh

SOXX 3-for-1 Split: Price Reset and Options Adjustments

SOXX begins trading on a 3-for-1 split basis, with the closing reference reset from $450.41 to $150.14. Options contracts are adjusted, and MIAX cancels resting orders.

SOXX
AMC's Q3 Cash Flow Surge Drives Annual Forecast Confidence
Earnings James Calloway

AMC's Q3 Cash Flow Surge Drives Annual Forecast Confidence

AMC's Q3 free cash flow hit $109.3M, representing 87.7% of the nine-month total, strengthening its forecast for positive annual free cash flow.

AMC
Nasdaq 100 Advances 0.91% as Chip Stocks Tumble 3.13%
Markets Daniel Marsh

Nasdaq 100 Advances 0.91% as Chip Stocks Tumble 3.13%

The Nasdaq 100 closed up 0.91% on Wednesday, but semiconductor shares plunged 3.13% amid concerns over tighter AI regulation. The equal-weight index gained 1.23%, indicating a broad-based rebound.

QQQ NVDA AMD INTC SCHW
Gold Surpasses $4,000 as Central Bank Buying and Fiscal Worries Fuel Rally
Commodities Rebecca Torres

Gold Surpasses $4,000 as Central Bank Buying and Fiscal Worries Fuel Rally

Gold surged past $4,000 an ounce on Wednesday, fueled by a weaker dollar and fiscal worries, while a new report shows central bank buying remains robust.

GLD
EVgo Shares Trade at Discount to LS Power's $2 Buyout Offer
Markets Daniel Marsh

EVgo Shares Trade at Discount to LS Power's $2 Buyout Offer

EVgo trades at $1.86, a 14-cent discount to LS Power's $2 bid. The market has absorbed 81% of the original premium as the special committee evaluates the proposal.

EVGO
Oil Prices Slide Despite Sharp Drop in U.S. Distillate Inventories
Commodities Rebecca Torres

Oil Prices Slide Despite Sharp Drop in U.S. Distillate Inventories

Oil prices fell Wednesday despite a U.S. inventory report showing a sharp draw in distillate supplies. WTI dropped $2.19 to $93.90, while distillate stocks fell 3.6 million barrels.

USO
Dow Rallies 1,325 Points as Election Results Boost Markets
Markets Daniel Marsh

Dow Rallies 1,325 Points as Election Results Boost Markets

The Dow surged 1,325 points Wednesday morning, 6.7 times Tuesday's decline, as election results suggested Democratic control of Congress. Treasury refunding and yield moves also drew attention.

DIA SPY QQQ TLT
AMD Earnings: Data Centers to Drive 95% of Q3 Sales Growth
Earnings James Calloway

AMD Earnings: Data Centers to Drive 95% of Q3 Sales Growth

AMD heads into Tuesday's earnings with data centers expected to account for about 95% of its quarterly sales growth, underscoring the segment's growing importance.

AMD
Ackman's Data Center Bet: 9%-15% Returns Under Lower Margins
Technology Sarah Chen

Ackman's Data Center Bet: 9%-15% Returns Under Lower Margins

Pershing Square's analysis shows AI data centers could yield 15%-25% returns at 50% operating margins, but lower margins of 30% reduce returns to 9%-15%.

AMZN MSFT
Polymarket House Volume Doubles Senate on Election Day 2026
Markets Daniel Marsh

Polymarket House Volume Doubles Senate on Election Day 2026

Polymarket's House-control market recorded $45.7M in Election Day trading, more than double the Senate's $20.7M. Democratic Yes quotes: 95¢ House, 75¢ Senate.

NYT Earnings Watch: Digital Subscriptions to Drive Most Revenue Growth
Earnings James Calloway

NYT Earnings Watch: Digital Subscriptions to Drive Most Revenue Growth

NYT reports Q3 earnings Wednesday with digital subscriptions expected to drive 70-88% of revenue growth. Shares fell 1.14% Tuesday to $69.15.

NYT