You've probably seen the headlines already. Yes. Meta beat on both the top and bottom line. And yes, all the attention went to Meta's first negative free cash flow since 2012 because of, you've guessed it, AI spending. Full edition ⬇️ email.investorsobserver.com/…

After yesterday's close, Super Micro gave investors a reason to reconsider their dismissal of the AI boom. Full edition ⬇️ email.investorsobserver.com/…

In today's auction, Japan sold roughly $4.4 billion of 20-year JGBs, and demand was extraordinary. The bid-to-cover ratio came in at a record 5.84 for this maturity. This is not a one-off event. Full edition⬇️ email.investorsobserver.com/…

$XOM expects a major jump in Q3 refining profits because conflicts in the Persian Gulf and involving Russia disrupt fuel production and push prices higher. Higher refining margins added roughly $4.5B to its quarterly results, according to a preliminary earnings statement.

Historically, midterms have had very little net effect on investors. In the lead-up to the election, markets underperform due to uncertainty, then make up for it over the next year. So far, U.S. stocks are largely sticking to the script. Full story ⬇️ email.investorsobserver.com/…

Everyone is obsessed with AI valuations right now, but what is it that we're actually assigning a dollar value to? Full article ⬇️ email.investorsobserver.com/…

$TSM offers AI stocks a breath of fresh air after reporting better-than-expected top- and bottom-line numbers. Revenue rose 51% and earnings 69% from a year ago. Full edition ⬇️ email.investorsobserver.com/…

AMD CEO Lisa Su expects the server CPU market to grow by 50% annually, surpassing $200B by 2030. Su raised her forecast 3 times in 9 months as AI agents drive demand for server processors. For $AMD, that could mean more room to grow after its stock has rallied 180% this year.

New York Fed President John Williams thinks the Fed can hike one more time this year, then stop. Today's full edition ⬇️ email.investorsobserver.com/…

AI stocks are falling, and the South Korean KOSPI index is down 10% for the week this morning after a few remarks from the Intel and Broadcom CEOs. Full story ⬇️ email.investorsobserver.com/…

$GOOGL introduced a Gemini-powered workplace agent that works across Gmail, Drive, Docs, and Calendar, expanding its push into corporate AI. The launch puts Google in more direct competition with Microsoft $MSFT, OpenAI, and Anthropic as companies look to automate routine tasks

$SBUX is exploring a takeover of $CMG, @FT reports, potentially uniting two of America’s biggest restaurant chains with roughly $50 billion in combined annual sales. Starbucks CEO Brian Niccol previously ran Chipotle and could now be acquiring his former employer.

"Far more money has been lost by investors preparing for corrections… than in corrections themselves." Full article ⬇️ email.investorsobserver.com/…

Jefferies upgraded Royal Caribbean $RCL to Buy and raised its price target to $330, implying nearly 17% upside. The bank expects its $3B investment in Sandals Resorts to boost earnings and drive stronger growth.

The US has suspended $MSFT and $ADBE from its permanent labor certification program amid active federal investigations. Officials say the targeted firms have requested nearly 3M foreign workers since 2009, as the administration tightens foreign hiring rules.

$SPCX is in talks with banks and investors to raise $40B to finance $NVDA chip purchases. The proposed financing includes $10B in bank loans and $30B in investment-grade debt, as Elon Musk's companies face what he has described as "insatiable" demand for AI computing power.

Asian chipmakers dropped two important reports this morning. Full article ⬇️ email.investorsobserver.com/…