CHINESE PREMIER SAYS CHINA, RUSSIA SERVE AS "VALUABLE FORCE FOR STABILITY IN TURBULENT WORLD" -XINHUA
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YIELD ON 20-YR U.S. TREASURY BOND PARES DECLINE AFTER $13 BLN AUCTION, LAST DOWN 1.25 BASIS POINTS AT 5.467%
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$META - META MUST PAY $25 BILLION IN PENALTIES, NEW MEXICO JUDGE RULES AFTER JURY FOUND COMPANY MISLED CONSUMERS ABOUT PRIVACY
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IRAN'S ARAQCHIL: IRAN IS PREPARED TO GIVE DIPLOMACY ANOTHER CHANCE IF WE SEE STRONG EVIDENCE OF A SINCERE DESIRE BY THE US TO BUILD TRUST & REACH A JUST SOLUTION
IRAN'S ARAQCHI: BUT IF US CHOOSES WAR OVER DIPLOMACY, IT'LL CERTAINLY RESULT IN AN EVEN GREATER STRATEGIC FAILURE
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IRAN'S ARAQCHI: BUT IF US CHOOSES WAR OVER DIPLOMACY, IT'LL CERTAINLY RESULT IN AN EVEN GREATER STRATEGIC FAILURE
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NVIDIA MAY ALSO BE A BIDDER FOR AMBARELLA ( $AMBA ) - BETAVILLE
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UKRAINE'S ZELENSKIY SAYS SUPPORTS US PROPOSAL FOR TRILATERAL TALKS AT LEVEL OF NEGOTIATORS AS SOON AS POSSIBLE
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ZELENSKIY: UKRAINE HOPES FOR MEETING NOT LATER THAN EARLY NOVEMBER
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US STATE DEPT IS PREPARING TO ISSUE AN ORDERED DEPARTURE OF SOME PERSONNEL AND FAMILY MEMBERS AT US EMBASSIES ACROSS THE GULF -US OFFICIALS
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$TSLA - TESLA BEATS EARNINGS AS CASH FLOW SMASHES EXPECTATIONS
Tesla delivered a mixed Q3, but profitability and cash flow surprised sharply to the upside.
Adjusted EPS: $0.48 vs. $0.44 expected
Revenue: $28.05B vs. $28.13B expected
Gross margin: 19.6% vs. 17.8% expected
Free cash flow: +$1.53B vs. -$4.99B expected
FSD subscriptions surged to 1.74 million, while Optimus production began in Fremont.
The key takeaway: Strong margins, positive cash flow and accelerating FSD adoption offset a 56% decline in operating income.
Source: Tesla Q3 2026 Earnings
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Tesla delivered a mixed Q3, but profitability and cash flow surprised sharply to the upside.
Adjusted EPS: $0.48 vs. $0.44 expected
Revenue: $28.05B vs. $28.13B expected
Gross margin: 19.6% vs. 17.8% expected
Free cash flow: +$1.53B vs. -$4.99B expected
FSD subscriptions surged to 1.74 million, while Optimus production began in Fremont.
The key takeaway: Strong margins, positive cash flow and accelerating FSD adoption offset a 56% decline in operating income.
Source: Tesla Q3 2026 Earnings
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U.S. AND ISRAEL REPORTEDLY PLAN NEW IRAN STRIKES AFTER MIDTERMS
The U.S. and Israel have reportedly developed plans for renewed attacks on Iran after the November 3 elections, according to the New York Times.
Potential targets include energy infrastructure, nuclear facilities and missile assets.
Defense Secretary Pete Hegseth reportedly discussed the plans with Israeli Prime Minister Benjamin Netanyahu.
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The U.S. and Israel have reportedly developed plans for renewed attacks on Iran after the November 3 elections, according to the New York Times.
Potential targets include energy infrastructure, nuclear facilities and missile assets.
Defense Secretary Pete Hegseth reportedly discussed the plans with Israeli Prime Minister Benjamin Netanyahu.
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*SPACEX-TESLA DEAL INTENDED TO CLOSE BEFORE END OF TRUMP'S TERM
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EUROSTOXX 50 FUTURES FALL 0.4%, DAX FUTURES SLIP 0.4%, FTSE FUTURES DOWN 0.5%
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CHINA'S DEEPSEEK RAISES $15 BILLION IN FINANCING ROUND, SOURCES SAY
DEEPSEEK VALUED AT $74 BILLION PRE-MONEY IN LATEST ROUND, SOURCES SAY
CATL, TENCENT, MONOLITH, SHIXIANG INVEST IN DEEPSEEK, SOURCES SAY
NEW DEEPSEEK BACKERS INCLUDE STONY CREEK CAPITAL, LEGEND CAPITAL AND GEELY, SOURCES SAY
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DEEPSEEK VALUED AT $74 BILLION PRE-MONEY IN LATEST ROUND, SOURCES SAY
CATL, TENCENT, MONOLITH, SHIXIANG INVEST IN DEEPSEEK, SOURCES SAY
NEW DEEPSEEK BACKERS INCLUDE STONY CREEK CAPITAL, LEGEND CAPITAL AND GEELY, SOURCES SAY
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FRANCE'S 10-YEAR BOND YIELD NOW AT 5.084%, RISES ABOVE US TREASURY YIELDS FOR THE FIRST TIME SINCE 2013
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FRANCE'S MACRON: SEDITIOUS ULTRA-LEFT GROUPS WERE BEHIND SATURDAYβS RIOTS AND PLANNED TO βBRING DOWN THE REPUBLICβ
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$SPCX : BARCLAYS RAISES TARGET PRICE TO $300 FROM $254
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π«π· FRANCE'S 10-YEAR BOND YIELD HITS HIGHEST SINCE 2002 AS DEBT FEARS INTENSIFY
French 10-year yields surged to 5.142%, while the spread over German Bunds widened to 173 basis points β the widest since 2011.
Budget uncertainty, political instability and violent protests are fueling the selloff.
Meanwhile, investors sought safety in U.S. Treasuries, pushing 10-year yields down 7.3 bps to 5.072%.
European credit stress is also rising, with the iTraxx Crossover index hitting 329 bps, a nearly seven-month high.
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French 10-year yields surged to 5.142%, while the spread over German Bunds widened to 173 basis points β the widest since 2011.
Budget uncertainty, political instability and violent protests are fueling the selloff.
Meanwhile, investors sought safety in U.S. Treasuries, pushing 10-year yields down 7.3 bps to 5.072%.
European credit stress is also rising, with the iTraxx Crossover index hitting 329 bps, a nearly seven-month high.
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FRANCEβS 10-YEAR BOND RISK PREMIUM RISES TO 175 BASIS POINTS
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OIL TOPS $111 AS MIDDLE EAST WAR RISKS SURGE
Brent crude jumps over 2%, heading for its highest close since May.
Global oil inventories are razor-thin, leaving little room for supply disruptions.
The U.S. is deploying more warships, Israel is reportedly preparing potential strikes on Iran, and attacks on Saudi Arabia are intensifying.
Washington has ordered nonessential U.S. government personnel to leave Saudi Arabia.
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Brent crude jumps over 2%, heading for its highest close since May.
Global oil inventories are razor-thin, leaving little room for supply disruptions.
The U.S. is deploying more warships, Israel is reportedly preparing potential strikes on Iran, and attacks on Saudi Arabia are intensifying.
Washington has ordered nonessential U.S. government personnel to leave Saudi Arabia.
(@WalterBloomberg)
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