Venture Capital

📊 A High-Stakes Week for Markets The Fed, Big Tech earnings, U.S. inflation data and the Bank of Japan will all set the tone in the same week. With AI spending concerns growing and inflation rising again, the market reaction could be unusually broad. 🖱️ Fed: R…

🖥 Microsoft’s Facebook Bet Microsoft bought 1.6% of Facebook for $240 million in 2007. That stake would now be worth $26 billion. ✔️ @venture

Two Elections, One Oil Tradeoff Two elections over the next 10 days could move trillions in global markets. Israel votes on October 27, followed by US midterms on November 3. Both could shape the next phase of the Iran war-and the path of oil, inflation, stock…

Ⓜ️ Meta’s AI Spending Turns Cash Flow Negative Meta’s free cash flow turned negative for the first time since its 2012 IPO year, reaching -$2.12B in Q3 versus +$10.63B a year ago. Capex hit $34.91B, above operating cash flow of $32.79B. That puts 54% of revenu…

🚀 SpaceX’s AI Profitability Test SpaceX revenue jumped 161% to $14.6 billion, with operating income of $2.8 billion. Its AI segment also reported $431 million in operating income, sending the stock up 8% and supporting the bull case for AI cloud providers. The…

⚠️ AI Agents Reach Bank Accounts According to Axios, JPMorgan, Bank of America, Wells Fargo and Morgan Stanley are dealing with unauthorized third-party AI agents accessing customer accounts. Some reportedly acted beyond customers’ instructions. The report cam…

📉 Treasury Yields Fall as AI Sells Off The 10-year Treasury yield dipped below 5% for the first time since September 23, touching 4.996%. It fell about 15 basis points on the day and is roughly 30 basis points below the October 5 peak of 5.31%. The move comes…

📈 S&P 500 Earnings Concentration Micron ($MU) and Nvidia ($NVDA) are expected to account for 36% of S&P 500 earnings growth in Q3 2026, contributing +5.2 and +4.6 percentage points to the index’s +27% YoY growth. The next 8 contributors are projected to add +8…