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The Brief

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Evening Digest: Oil falls, Apple cuts iPhone component orders
Stock

Evening Digest: Oil falls, Apple cuts iPhone component orders

Oil prices fell as US President Donald Trump signalled a pause in potential strikes against Iran before next month’s midterm elections, easing…

Oct 10, 2026
Dow rises 423 points as tech stocks rebound, telecom shares slide on SpaceX
Stock

Dow rises 423 points as tech stocks rebound, telecom shares slide on SpaceX

US stocks rose on Friday as technology shares rebounded from a sell-off earlier in the week, helping Wall Street recover amid elevated…

Oct 10, 2026
SoundHound stock breaks key support as short interest surges: Is a squeeze coming?
Stock

SoundHound stock breaks key support as short interest surges: Is a squeeze coming?

SoundHound stock has plunged to its lowest level since November 2024 as investors continue betting against the voice AI company. It slumped…

Oct 10, 2026
Is Gemini Down? Errors 1155 and 1099, GOOGL Closed at…
Stock

Is Gemini Down? Errors 1155 and 1099, GOOGL Closed at…

The myth is that an “is Gemini down” error is an Alphabet earnings event. GOOGL closed Thursday 8 October 2026 at $348.29,…

Oct 10, 2026
SPCX Stock Closed at $160.57 as Starlink’s 800 MHz…
Stock

SPCX Stock Closed at $160.57 as Starlink’s 800 MHz…

The obvious reading is that SpaceX already owns the spectrum and that Verizon, AT&T and T-Mobile have already lost a cash session.…

Oct 10, 2026
Trump Accounts Cover 70 Million Children. The $6.25 Billion…
Stock

Trump Accounts Cover 70 Million Children. The $6.25 Billion…

The myth is that 70 million American children just received funded Trump Accounts. They received a Treasury record. On 7 October 2026…

Oct 10, 2026
Cash App Settlement: $15 Million Payments Start, XYZ Closed…
Stock

Cash App Settlement: $15 Million Payments Start, XYZ Closed…

The myth is that Block just took a new $15 million Cash App settlement hit. It did not. Payments to approved claims…

Oct 10, 2026
Brent Crude Price Week Ahead: Bull and Bear Case From…
Stock

Brent Crude Price Week Ahead: Bull and Bear Case From…

Updated 10 October 2026. Brent crude’s December contract closed the week at $104.72 a barrel on Friday 9 October, up 0.42 percent…

Oct 10, 2026
Nikkei falls 1% as SoftBank sinks 6%: is Japan’s AI trade starting to crack?
Stock

Nikkei falls 1% as SoftBank sinks 6%: is Japan’s AI trade starting to crack?

Japan’s Nikkei 225 fell more than 1% on Friday as a fresh sell-off in AI-linked shares collided with $100-plus oil and still-elevated…

Oct 9, 2026
Adobe stock jumps 3.6% while Microsoft falls: why same green-card ban split Big Tech
Stock

Adobe stock jumps 3.6% while Microsoft falls: why same green-card ban split Big Tech

Adobe and Microsoft were hit by the same US immigration crackdown on Thursday, but Wall Street treated their shares very differently. Adobe…

Oct 9, 2026
Cathie Wood sold $18.7M of SpaceX and AMD to buy a stock Wall Street sees doubling
Stock

Cathie Wood sold $18.7M of SpaceX and AMD to buy a stock Wall Street sees doubling

Cathie Wood is cutting exposure to two high-profile growth trades while adding to a defence stock that Wall Street increasingly thinks has…

Oct 9, 2026
Trump asked Americans to buy Dell, then his money managers sold DELL stock
Stock

Trump asked Americans to buy Dell, then his money managers sold DELL stock

Donald Trump spent much of 2026 publicly praising Dell, but newly disclosed transactions show investments held in his name were later reduced…

Oct 9, 2026
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