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NVIDIA Corp. engages in the design and manufacture of computer graphics processors, chipsets, and related multimedia software. It operates through the following segments: Graphics Processing Unit (GPU) and Compute & Networking. The Graphics segment includes GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, Quadro and NVIDIA RTX GPUs for enterprise workstation graphics, virtual GPU, or vGPU, software for cloud-based visual and virtual computing, automotive platforms for infotainment systems, and Omniverse Enterprise software for building and operating metaverse and 3D internet applications. The Compute & Networking segment consists of Data Center accelerated computing platforms and end-to-end networking platforms including Quantum for InfiniBand and Spectrum for Ethernet, NVIDIA DRIVE automated-driving platform and automotive development agreements, Jetson robotics and other embedded platforms, NVIDIA AI Enterprise and other software, and DGX Cloud software and services. The company was founded by Jen Hsun Huang, Chris A. Malachowsky, and Curtis R. Priem in April 1993 and is headquartered in Santa Clara, CA.

NVIDIA Corp

NVDA is trending as it approaches a $5 trillion market cap, fueled by AI optimism and potential China deal implications. The community is buzzing about new partnerships and analyst upgrades, while some express concerns about a potential bubble and overvaluation. Discussions also include the impact of Trump's potential discussions with China regarding chip sales.

Fiserv, Inc. engages in the provision of financial services technology. It operates through the Merchant and Financial segments. The Merchant segment offers commerce-enabling products and services including merchant acquiring and digital commerce and mobile payment services, and security and fraud protection, stored-value, and pay-by-bank solutions to companies of all sizes. The Financial segment provides products and services such as processing of customer loan and deposit accounts, digital payments, and card transactions to financial institutions and corporate and public sector clients. The company was founded by Leslie M. Muma and George D. Dalton on July 31, 1984 and is headquartered in Milwaukee, WI.

Fiserv, Inc.

Fiserv's stock is trending downwards following missed expectations and revised guidance, sparking concerns about future growth. The community is debating whether the dip presents a buying opportunity or signals deeper issues within the company, especially regarding its debt and competition. Some investors believe the sell-off is an overreaction, while others fear the company needs to adapt to emerging technologies and market dynamics.

The Boeing Co. is an aerospace company, which engages in the manufacture of commercial jetliners and defense, space, and security systems. It operates through the following segments: Commercial Airplanes (BCA), Defense, Space and Security (BDS), Global Services (BGS), and Boeing Capital (BCC). The Commercial Airplanes segment includes the development, production, and market of commercial jet aircraft and provides fleet support services, principally to the commercial airline industry worldwide. The Defense, Space and Security segment refers to the research, development, production and modification of manned and unmanned military aircraft and weapons systems for global strike, including fighter and combat rotorcraft aircraft and missile systems, global mobility, including tanker, rotorcraft and tilt-rotor aircraft, and airborne surveillance and reconnaissance, including command and control, battle management and airborne anti-submarine aircraft. The Global Services segment provides services to commercial and defense customers. The Boeing Capital segment seeks to ensure that Boeing customers have the financing they need to buy and take delivery of their Boeing product and manages overall financing exposure. The company was founded by William Edward Boeing on July 15, 1916 and is headquartered in Arlington, VA.

Boeing Co.

Boeing Co

Boeing is trending amid discussions around a charge related to the 777X jet delays and improved quarterly results driven by increased 737 MAX deliveries and positive cash flow, which is the first in two years. While some are frustrated by the delay and EPS miss, others see the improved cash flow as a sign of a turnaround, with potential for new orders from China also being discussed. The community is actively debating the long-term implications of these factors.

Nokia Oyj engages in the provision of network infrastructure, technology, and software services. It operates through the following segments: Mobile Networks, Network Infrastructure, Cloud and Network Services, and Nokia Technologies. The Mobile Networks segment offers technologies for Radio Access Networks (RAN) as well as Microwave Radio Links (MWR) for transport networks. The Network Infrastructure serves communication service providers, enterprises, webscales and public sector customers. The Cloud and Network Services segment builds around software and the cloud and is focused on driving leadership in cloud-native software and as-a-service delivery models, as demand for critical networks accelerates; and with strong market positions in communications software, private wireless networks, and cognitive (or intelligent) services. The Nokia Technologies segment, building on decades of innovation and R&D leadership in technologies used in virtually all mobile devices used today, is expanding the Nokia patent licensing business, reintroducing the Nokia brand to smartphones through brand licensing, and establishing a technology licensing business. The company was founded by Fredrik Idestam in 1865 and is headquartered in Espoo, Finland.

Nokia Corp - ADR

Nokia Corp

Nokia is trending following news of a significant investment and partnership with Nvidia to advance AI-driven 5G and 6G technologies. Community discussions revolve around the potential for a short squeeze, long-term growth prospects, and comparisons to Nvidia's other successful partnerships. The move signals a renewed focus on telecom infrastructure and AI integration for Nokia, with some seeing it as a return to prominence for the company.

Adobe, Inc. is a global technology company, which engages in the provision of digital marketing and media solutions. It operates through the following segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers products and services that enable individuals, teams, businesses, and enterprises to create, publish, and promote content anywhere and accelerate productivity by transforming view, share, engage with and collaborate on documents and creative content. The Digital Experience segment focuses on integrated platform and set of products, services, and solutions that enable businesses to create, manage, execute, measure, monetize, and optimize customer experiences that span from analytics to commerce. The Publishing and Advertising segment includes legacy products and services that address diverse market opportunities, including eLearning solutions, technical document publishing, web conferencing, document and forms platform, web app development, high-end printing, and Adobe Advertising offerings. The company was founded by Charles M. Geschke and John E. Warnock in December 1982 and is headquartered in San Jose, CA.

Adobe Inc

Adobe's stock is trending amid discussions around its AI strategy and recent partnerships, with some investors expressing concerns about its ability to maintain market dominance against rising AI competition.  The community is actively debating whether the company is undervalued, while others point to disappointing stock performance despite seemingly positive news and reaffirmations. Some traders speculate on potential catalysts like the upcoming investor day or possible integration with other AI platforms.

Lucid Group, Inc. manufactures electric vehicles. It designs, develops, and builds energy storage systems for electric vehicles and supplies automakers with the battery pack system needed to power hybrid, plug-in, and electric vehicles. The company was founded in December 2007 and is headquartered in Newark, CA.

Lucid Group Inc

Lucid Group is trending amid discussions around its partnerships, particularly with Nvidia and Uber, and their potential impact on autonomous driving technology. Community members are weighing the significance of these collaborations against concerns about capital needs and potential dilution. Overall sentiment appears mixed as investors assess Lucid's long-term prospects in the competitive EV sector.

Bloom Energy Corp. engages in the manufacture and installation of a solid oxide fuel-cell based power generation platform. Its product, Bloom Energy Server, converts standard low-pressure natural gas or biogas into electricity through an electrochemical process without combustion. The company was founded by K. R. Sridhar, John Finn, Jim McElroy, Matthias Gottmann, and Dien Nguyen on January 18, 2001, and is headquartered in San Jose, CA.

Bloom Energy Corp - Ordinary Shares - Class A

Bloom Energy Corp

Bloom Energy is trending due to heightened interest in its fuel cell technology as a solution for the increasing energy demands of AI and data centers, particularly after a significant partnership announcement. The community is discussing the potential for a short squeeze and debating whether the stock is overvalued given its high P/E ratio, while also considering its growth prospects within the renewable energy sector.

$WAGMI is a community-driven meme token built on the Solana blockchain, designed to bring positivity, unity, and humor into the crypto space. The project encourages community engagement through memes, social interaction, and token-based activities. It leverages Solana’s fast and low-cost infrastructure to allow for smooth on-chain interactions, such as token transfers, community games, and NFT integration. The goal is to foster a fun, inclusive ecosystem where holders feel they are part of a larger movement – "We Are Gonna Make It."

WAGMI

WAGMI is gaining attention, with community members emphasizing conviction and long-term holding. Conversations mention its potential within the meme coin space, particularly on the SOL network, with some drawing comparisons to SHIB. The community rallies around the idea that "we're all gonna make it."

Canadian Solar, Inc. engages in the manufacture of solar photovoltaic modules, provision of solar energy and battery storage solutions, and development of utility-scale solar and battery storage products. It operates through the CSI Solar and Global Energy segments. The CSI Solar segment designs, develops, and manufactures solar ingots, wafers, cells, modules, and other solar power and battery storage products. The Global Energy segment includes solar and battery storage project development and sale, asset management services for operational projects, sale of electricity, and investment in retained assets. The company was founded by Shawn Qu in October 2001 and is headquartered in Kitchener, Canada.

Canadian Solar Inc

Canadian Solar ($CSIQ) is trending due to news of its e-STORAGE subsidiary's successful battery storage project in Australia, boosting optimism around its energy storage capabilities. The community is discussing a potential short squeeze, fueled by high short interest and new 52-week highs, while highlighting the divergence between $CSIQ's performance and that of other solar companies.

Stride, Inc. is a technology-based educational company, which engages in the provision of proprietary and third-party curriculum, software systems and educational services. It also offers online curriculum and career services to middle and high school students, under the Destinations Career Academy brand name. The company was founded by Ronald J. Packard in 2000 and is headquartered in Reston, VA.

Stride Inc

Stride Inc ($LRN) is trending due to reactions to its latest earnings report, which featured better-than-expected results but also included revenue guidance that investors found disappointing. The community is split, with some viewing the dip as an overreaction and a buying opportunity, while others express concern over the guidance and broader market conditions. Discussions also involve the stock's high short interest and potential for a short squeeze.

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Mohamed El-Erian, Chief Economic Advisor at Allianz, said on Wednesday that after the highly anticipated Fed rate decision later during the day, the central bank is unlikely to “validate” additional rate cuts.“The world’s most powerful central bank is unlikely, however, to explicitly validate the additional cuts that markets have priced in or fully embrace the significant productivity upside from AI and other innovations,” El-Erian said in a&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/elerianm/status/1983509825758560507">post</a> on X.El-Erian added that he expects the central bank to also acknowledge that the impact of President Donald Trump’s tariffs on inflation has been lower than expected. This comes after the Consumer Price Index (CPI) report for September showed the&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/us-consumer-inflation-september-cpi-report/cLGJnYpR3sC">inflation was at 3%</a>, lower than Wall Street’s consensus of 3.1%.<figure class="image"><img style="aspect-ratio:742/382;" src="https://news.stocktwits-cdn.com/Mohamed_El_Erian_post_jpg_39338ad18f.webp" alt="Mohamed El-Erian's post on X" width="742" height="382"><figcaption>Mohamed El-Erian's post on X | @elerianm/X</figcaption></figure>El-Erian’s comments come hours before the Federal Open Market Committee (FOMC) is scheduled to announce its interest rate decision. According to data from the CME FedWatch&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">tool</a>, there is a 97.8% probability of a 25 basis point rate cut.Get updates to this story developing directly on Stocktwits.Also See:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/trump-us-south-korea-deal/cLGZN8dR3w4">Trump Says South Korea Deal ‘Pretty Much’ Confirmed</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

Mohamed El-Erian, Chief Economic Adviser of Allianz, during an interaction

Ahead Of Fed Rate Decision, El-Erian Warns Central Bank May Not 'Validate' More Cuts

El-Erian added that he expects the central bank to also acknowledge that the impact of President Donald Trump’s tariffs on inflation has been lower than expected.

Equity

<ul class="summary-bullets"><li>A Bloomberg report stated that road testing of Lucid’s Gravity SUVs featuring Nuro’s self-driving technology is currently underway.</li><li>The first Gravity SUVs outfitted with Nuro technology were delivered in September.</li><li>Uber also announced a partnership with Nvidia to roll out a fleet of 100,000 autonomous vehicles worldwide, starting in 2027.</li></ul>Uber Technologies Inc. (UBER) is reportedly preparing to launch its robotaxi services in the San Francisco Bay area in 2026, taking on Alphabet Inc.’s (GOOG) (GOOGL) Waymo.According to a&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.bloomberg.com/news/articles/2025-10-29/uber-to-take-on-waymo-in-san-francisco-with-lucid-nuro-robotaxis">report</a> by Bloomberg, Uber will launch driverless taxis in the region in partnership with Lucid Group Inc. (LCID) and Nuro Inc. The partnership was announced back in July.Citing a Nuro spokesperson, the report stated that road testing of Lucid’s Gravity sports utility vehicles (SUVs) featuring Nuro’s self-driving technology is currently underway. The first Gravity SUVs outfitted with Nuro technology were delivered in September.<a href="https://stocktwits.com/symbol/UBER">Uber shares</a> were up nearly 2% in Wednesday’s pre-market trade, while&nbsp;<a href="https://stocktwits.com/symbol/LCID">Lucid shares</a> were up almost 6%. Retail sentiment on Stocktwits around Uber trended in the ‘bullish’ territory, while users felt ‘extremely bullish’ about Lucid.This comes even as Uber and Waymo have an existing partnership to offer robotaxi rides in Austin, Phoenix, and Atlanta. However, Waymo offers its own robotaxi services in San Francisco and Las Vegas, with plans to expand to Washington, Miami, and London.On Tuesday, Uber announced a partnership with Nvidia Corp. (NVDA) to deploy a fleet of autonomous vehicles worldwide, starting in 2027. Uber eventually plans to expand it to 100,000 vehicles, which will be developed in collaboration with Nvidia and other partners in the Uber ecosystem, including companies like Stellantis NV (STLA).<a href="https://stocktwits.com/symbol/UBER">UBER stock</a> is up 58% year-to-date, while&nbsp;<a href="https://stocktwits.com/symbol/LCID">LCID stock</a> is down 40%.Also See:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/trump-us-south-korea-deal/cLGZN8dR3w4">Trump Says South Korea Deal ‘Pretty Much’ Confirmed</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

An Uber on the road in Krakow, Poland, on July 4, 2024. 

Uber Plans 2026 Debut For Driverless Taxis In Bay Area With Lucid And Nuro: Report

A Bloomberg report stated that road testing of Lucid’s Gravity SUVs featuring Nuro’s self-driving technology is currently underway.

<ul class="summary-bullets"><li>The White House officially confirmed that the U.S. and South Korea have a Memorandum of Understanding with respect to the “U.S.-ROK Technology Prosperity Deal.”</li><li>The East Asian country will invest $150 billion in the U.S. shipbuilding industry and has also earmarked an additional $200 billion in investment pledges.</li><li>U.S. tariffs on South Korean cars would drop to 15% from the 25% previously announced by the Trump administration.</li></ul>President Donald Trump on Wednesday stated that a trade deal with South Korea has been “pretty much” confirmed, following a meeting with his South Korean counterpart, President Lee Jae Myung.“We had a tremendous meeting today with South Korea — with lots determined... We pretty much finalized a trade deal and we discussed some other things having to do with national security,” President Trump said, according to an official White House&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/RapidResponse47/status/1983492447146533227">account</a> on X.<figure class="image"><img style="aspect-ratio:732/537;" src="https://news.stocktwits-cdn.com/Rapid_Response_47_post_jpg_b6218c4b5d.webp" alt="Rapid Response 47's post on X" width="732" height="537"><figcaption>Rapid Response 47's post on X | @RapidResponse47/X</figcaption></figure>The White House officially confirmed that the U.S. and South Korea have a Memorandum of Understanding with respect to the “U.S.-ROK Technology Prosperity Deal.” However, the specifics of the deal have not been revealed yet.According to a Bloomberg&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.bloomberg.com/news/articles/2025-10-29/trump-says-reached-a-deal-on-trade-with-south-korea">report</a> citing South Korea’s Policy Chief Kim Yong-beom, the East Asian country will invest $150 billion in the U.S. shipbuilding industry and has also earmarked an additional $200 billion in investment pledges.According to a Bloomberg&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.bloomberg.com/news/articles/2025-10-29/trump-says-reached-a-deal-on-trade-with-south-korea">report</a> citing South Korea’s Policy Chief Kim Yong-beom, the East Asian country will invest $150 billion in the U.S. shipbuilding industry and has also earmarked an additional $200 billion in investment pledges.Kim added that, thanks to the deal, U.S. tariffs on Korean cars would drop to 15%, the report said, from the 25% previously announced by the Trump administration. This comes after the U.S. and Japan announced a trade deal that lowered tariffs on most Japanese goods to 15%. In exchange, Japan would invest up to $550 billion in the U.S.Further, any profits South Korea earns from its shipbuilding investment in the U.S. would be split equally between the two countries, the report said.Meanwhile, U.S. equities rose in Wednesday’s pre-market trade. At the time of writing, the&nbsp;<a href="https://stocktwits.com/symbol/SPY">SPDR S&amp;P 500 ETF</a> (SPY), which tracks the S&amp;P 500 index, was up 0.23%, the&nbsp;<a href="https://stocktwits.com/symbol/QQQ">Invesco QQQ Trust ETF</a> (QQQ) gained 0.41%, while the&nbsp;<a href="https://stocktwits.com/symbol/DIA">SPDR Dow Jones Industrial Average ETF Trust</a> (DIA) rose 0.2%. Retail sentiment around the S&amp;P 500 ETF on Stocktwits was in the ‘neutral’ territory.Also See:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/dow-futures-rise-as-investors-await-fed-decision/cLGZmDXR3w5">Dow Futures Rise As Wall Street Awaits Fed Decision: NVDA, MSFT, GOOGL, META Among Stocks To Watch</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

U.S. President Donald Trump, pictured in the Oval Office, on September 25, 2025. (Photo by Andrew Harnik/Getty Images)

Trump Says South Korea Deal ‘Pretty Much’ Confirmed

The White House officially confirmed that the U.S. and South Korea have a Memorandum of Understanding with respect to the “U.S.-ROK Technology Prosperity Deal.”

<ul class="summary-bullets"><li>While Dow Jones futures were up by 0.14% at the time of writing, the S&amp;P 500 futures gained 0.24%.</li><li>According to data from the CME FedWatch tool, there is a 99.9% probability of a 25 basis point rate cut during the October meeting.</li><li>Asian markets ended Wednesday’s trading session on a positive note, with the Nikkei 225 leading with gains of 2.16%.</li></ul>U.S. stocks appear set for a positive opening on Wednesday as investors await the Federal Open Market Committee’s (FOMC) interest rate decision later in the day.On Tuesday, Schwab analysts&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/fed-rate-cut-december-far-from-certain-inflation-elevated/cLGj85IR3v7">stated</a> that a Fed rate cut this week is “pre-ordained.” According to data from the CME FedWatch&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">tool</a>, there is a 99.9% probability of a 25 basis point rate cut during the October meeting. "It looks like a rate cut by the Fed next week is all but a sure thing," said Kathy Jones, Schwab's chief fixed income strategist.However, the firm noted that a December rate cut is “far from certain.”<h2 class="st-heading-2">Futures Trade Higher</h2>While Dow Jones futures were up by 0.14% at the time of writing, the S&amp;P 500 futures gained 0.24%, while the tech-heavy Nasdaq 100’s futures rose 0.41%. Futures of the Russell 2000 index gained 0.1%.Meanwhile, the&nbsp;<a href="https://stocktwits.com/symbol/SPY">SPDR S&amp;P 500 ETF</a> (SPY) was up by 0.29% at the time of writing,&nbsp;<a href="https://stocktwits.com/symbol/QQQ">Invesco QQQ Trust</a> (QQQ) gained 0.48% on Wednesday morning, and&nbsp;<a href="https://stocktwits.com/symbol/DIA">SPDR Dow Jones Industrial Average ETF Trust</a> (DIA) rose 0.15%. Retail sentiment around the S&amp;P 500 ETF on Stocktwits was in the ‘neutral’ territory.<h2 class="st-heading-2">Asian Markets Rise</h2>Asian markets ended Wednesday’s trading session on a positive note, with the Nikkei 225 leading with gains of 2.16%, followed by the KOSPI at 1.73%, and the TWSE Capitalization Weighted Stock index at 1.22%.The Shanghai Composite index gained 0.7%, while the Hang Seng was closed for trading on account of the Double Ninth festival.<h2 class="st-heading-2">Stocks To Watch</h2><ul><li>Nvidia Corp. (NVDA): Nvidia shares surged 4% in Wednesday’s pre-market trade, with the company’s market capitalization on the verge of hitting the $5 trillion mark.</li><li>Verizon Communications Inc. (VZ): Verizon reported earnings per share (EPS) of $1.21 on revenue of $33.8 billion in the third quarter (Q3), compared to Wall Street expectations of an EPS of $1.19 on revenue of $34.27 billion, according to Stocktwits data. Verizon shares were up 3% pre-market.</li><li>Seagate Technology Holdings Plc. (STX): Seagate shares surged 7% pre-market after the company’s first-quarter (Q1) results beat Wall Street expectations. Seagate reported an EPS of $2.61 on revenue of $2.63 billion, compared to analyst estimates of an EPS of $2.4 on revenue of $2.55 billion, according to Stocktwits data.</li><li>Microsoft Corp. (MSFT), Alphabet Inc. (GOOG) (GOOGL), and Meta Platforms Inc. (META) are among the companies scheduled to report their latest quarterly earnings on Wednesday.</li></ul>&nbsp;Also See:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/fed-rate-cut-december-far-from-certain-inflation-elevated/cLGj85IR3v7">Fed Rate Cut In October ‘Pre-Ordained’ But December 'Far From Certain' As Inflation Remains Elevated, Says Schwab</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

People walk by the New York Stock Exchange

Dow Futures Rise As Wall Street Awaits Fed Decision: NVDA, MSFT, GOOGL, META Among Stocks To Watch

While Dow Jones futures were up by 0.14% at the time of writing, the S&P 500 futures gained 0.24%.

<ul class="summary-bullets"><li>Schwab analysts pointed to inflation remaining above the central bank’s target of 2%.</li><li>In contrast, analysts at ING stated in a recent note that they expect a 25 basis point cut in December, and a total of 50 basis point cuts in early 2026.</li><li>Jefferies’ Chief Market Strategist, David Zervos, cautioned that the Fed will have to consider the possibility of far fewer jobs being created.</li></ul>Analysts at Schwab on Tuesday stated that the Federal Reserve cutting interest rate in December is “far from certain,” even as two cuts are widely expected.In their latest note, Schwab analysts pointed to the Consumer Price Index (CPI) remaining above the central bank’s target of 2%, despite noting that it came in mild. The annual inflation rate stood at&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/us-consumer-inflation-september-cpi-report/cLGJnYpR3sC">3% in September</a>, according to data from the Bureau of Labor Statistics (BLS), lower than the Wall Street consensus of 3.1%.Schwab analysts&nbsp;noted that a Fed rate cut this week is “pre-ordained.” According to data from the CME FedWatch&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">tool</a>, there is a 97.8% probability of a 25 basis point rate cut during the October meeting. "It looks like a rate cut by the Fed next week is all but a sure thing," said Kathy Jones, Schwab's chief fixed income strategist.However, the firm noted that things could turn out differently&nbsp;after October.<h2 class="st-heading-2">Fed’s Ultimate Nightmare</h2>There are growing concerns about the weakness in the labor market. Jefferies’ Chief Market Strategist, David Zervos,&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/david-zervos-fed-flying-blind-ai-productivity-lot-less-jobs-created/cLGjSS6R3Hw">cautioned</a> that the Fed will have to consider the possibility of far fewer jobs being created despite the U.S. economy growing at a healthy rate.However, analysts at Schwab remain concerned about inflation. Even as more than half of Fed officials&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/fed-minutes-half-officials-expect-two-more-rate-cuts-by-end-of-2025/ch6EAFlR30c">expect</a> two more rate cuts in 2025, the firm said it’s not a given yet.“For Fed policy makers, the ultimate nightmare would likely be having to re-adjust rates back up to fight inflation triggered in part by cutting too dramatically. This happened in the 1980s and has become a third rail for the central bank. Institutional memories are long,” the firm said in its note.<h2 class="st-heading-2">Not Everyone Agrees</h2>Analysts at ING stated in a recent note that they expect a 25 basis point cut in December, and a total of 50 basis point cuts in early 2026.Likewise, Jeremy Siegel, Wharton School professor of Finance and WisdomTree chief economist, expects two 25 basis point cuts in October and December. “I put the odds north of 90% that we get the December cut as well, and I see room for additional quarter-point reductions in early 2026 if the disinflation trend persists,” he said.Meanwhile, U.S. equities rose in Tuesday’s afternoon trade. At the time of writing, the&nbsp;<a href="https://stocktwits.com/symbol/SPY">SPDR S&amp;P 500 ETF</a> (SPY), which tracks the S&amp;P 500 index, was up 0.44%, the&nbsp;<a href="https://stocktwits.com/symbol/QQQ">Invesco QQQ Trust ETF</a> (QQQ) gained 0.84%, while the&nbsp;<a href="https://stocktwits.com/symbol/DIA">SPDR Dow Jones Industrial Average ETF Trust</a> (DIA) rose 0.83%. Retail sentiment around the S&amp;P 500 ETF on Stocktwits was in the ‘bearish’ territory.The&nbsp;<a href="https://stocktwits.com/symbol/IEF">iShares 7-10 Year Treasury Bond ETF</a> (IEF) was up 0.05% at the time of writing.Also See:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/apple-microsoft-4-trillion-market-capitalization/cLGj1rNR3Hr">Apple, Microsoft Join Nvidia In $4 Trillion Valuation Milestone</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

The Federal Reserve logo is seen on the William McChesney Martin Jr Building

Fed Rate Cut In October ‘Pre-Ordained’ But December 'Far From Certain' As Inflation Remains Elevated, Says Schwab

Schwab analysts pointed to inflation remaining above the central bank’s target of 2%.

<ul class="summary-bullets"><li>The lawsuit was filed by governors and attorneys general from 25 states in the U.S. District Court in Massachusetts.</li><li>The AGs, governors, and the District of Columbia argued that the U.S. Department of Agriculture should use approximately $6 billion in contingency funding to keep SNAP operational.</li><li>According to government data, more than 42 million people depend on SNAP to buy groceries.</li></ul>The Trump administration was sued by a group of state attorneys general on Tuesday for “illegally” suspending Supplemental Nutrition Assistance Program (SNAP) benefits during the ongoing U.S. government shutdown.The lawsuit was filed by governors and attorneys general from 25 states in the U.S. District Court in Massachusetts. “Suspending SNAP benefits in these circumstances is both contrary to law and arbitrary and capricious under the Administrative Procedure Act,” the states said in the lawsuit.<h2 class="st-heading-2">USDA Urged To Use Contingency Funds</h2>The AGs, governors, and the District of Columbia argued that the U.S. Department of Agriculture should use approximately $6 billion in contingency funding to keep SNAP operational for as long as possible in light of the ongoing government shutdown.According to government data, more than 42 million people depend on SNAP to buy groceries.“Because of USDA’s actions, SNAP benefits will be delayed for the first time since the program’s inception. Worse still, USDA suspended SNAP benefits even though, on information and belief, it has funds available to it that are sufficient to fund all, or at least a substantial portion, of November SNAP benefits,” the lawsuit stated.<h2 class="st-heading-2">Shutdown End Not In Sight</h2>The U.S. government shutdown has now entered its 28th day, with no end in sight.According to an NBC News&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.nbcnews.com/politics/trump-administration/live-blog/trump-administration-live-updates-trump-japan-takaichi-china-shutdown-rcna239878">report</a>, the Senate failed for the 13th time to pass a Republican-backed bill that would fund the government temporarily.&nbsp;Meanwhile, U.S. equities rose in Tuesday’s midday trade. At the time of writing, the&nbsp;<a href="https://stocktwits.com/symbol/SPY">SPDR S&amp;P 500 ETF</a> (SPY), which tracks the S&amp;P 500 index, was up 0.29%, the&nbsp;<a href="https://stocktwits.com/symbol/QQQ">Invesco QQQ Trust ETF</a> (QQQ) gained 0.6%, while the&nbsp;<a href="https://stocktwits.com/symbol/DIA">SPDR Dow Jones Industrial Average ETF Trust</a> (DIA) rose 0.81%. Retail sentiment around the S&amp;P 500 ETF on Stocktwits was in the ‘bearish’ territory.Also See:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/apple-microsoft-4-trillion-market-capitalization/cLGj1rNR3Hr">Apple, Microsoft Join Nvidia In $4 Trillion Valuation Milestone</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

7 Eleven storefront with sign, We accept EBT and SNAP, Queens, New York

Trump Administration Sued For ‘Illegally’ Suspending SNAP Benefits During Shutdown

The lawsuit was filed by governors and attorneys general from 25 states in the U.S. District Court in Massachusetts.

<ul class="summary-bullets"><li>Zervos noted that there are many excellent policies outside of monetary policy that are providing tailwinds to the U.S. economy.</li><li>He highlighted the recent layoffs announced by Amazon and United Parcel Service, among others, adding that the unemployment rate could hover at 5% in the future.</li><li>Zervos had previously stated that the Fed’s monetary policy was too restrictive, backing calls by President Donald Trump and Treasury Secretary Scott Bessent for rate cuts.</li></ul>David Zervos, Chief Market Strategist at Jefferies, reportedly cautioned on Tuesday that the Federal Reserve was “flying blind” by keeping its monetary policy restrictive.In an interview&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.cnbc.com/video/2025/10/28/we-risk-being-in-a-world-of-3-percent-growth-and-5-percent-unemployment-says-jefferies-david-zervos.html">with</a> CNBC, Zervos cautioned that the Fed will have to consider the possibility of far fewer jobs being created despite the U.S. economy growing at a healthy rate, due to productivity improvements from artificial intelligence (AI) technology.<h2 class="st-heading-2">Other Tailwinds</h2>He stated that nearly 1.5 million jobs had been revised downwards over the last 18 months. However, Zervos noted that there are many excellent policies outside monetary policy that are providing tailwinds to the U.S. economy.<blockquote>“The Fed was flying blind, really flying blind for many, many meetings. And now all of a sudden we realize, we created all that growth with a lot less jobs.”— David Zervos, Chief Market Strategist, Jefferies</blockquote>He also downplayed concerns of price rise, stating that there is no problem of anchoring inflation expectations.<h2 class="st-heading-2">AI’s Impact On Jobs</h2>Zervos highlighted the recent layoffs announced by Amazon.com Inc. (AMZN) and United Parcel Service Inc. (UPS), among other companies, stating that it could present the Fed with a challenge of jobs growing at a slower pace, while unemployment could be at 5%.“You can feel it, you can feel it everywhere you go. I think you have to benchmark to a possibility that we’re going to have a world of 3+ percent of growth with 5% unemployment. That’s a real risk,” he said in the interview.Zervos had&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/david-zervos-backs-trump-bessent-calls-for-interest-rate-cuts/chsi8fVRdhQ">previously stated</a> that the Fed’s monetary policy was too restrictive, backing calls by President Donald Trump and Treasury Secretary Scott Bessent for rate cuts. According to data from the CME FedWatch&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">tool</a>, there is a 97.8% probability of a 25 basis point rate cut during the October meeting.Meanwhile, U.S. equities rose in Tuesday’s midday trade. At the time of writing, the&nbsp;<a href="https://stocktwits.com/symbol/SPY">SPDR S&amp;P 500 ETF</a> (SPY), which tracks the S&amp;P 500 index, was up 0.08%, the&nbsp;<a href="https://stocktwits.com/symbol/QQQ">Invesco QQQ Trust ETF</a> (QQQ) gained 0.44%, while the&nbsp;<a href="https://stocktwits.com/symbol/DIA">SPDR Dow Jones Industrial Average ETF Trust</a> (DIA) rose 0.41%. Retail sentiment around the S&amp;P 500 ETF on Stocktwits was in the ‘bearish’ territory.The&nbsp;<a href="https://stocktwits.com/symbol/IEF">iShares 7-10 Year Treasury Bond ETF</a> (IEF) was up 0.09% at the time of writing.Also See:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/apple-microsoft-4-trillion-market-capitalization/cLGj1rNR3Hr">Apple, Microsoft Join Nvidia In $4 Trillion Valuation Milestone</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

The seal of the Federal Reserve is pictured before Fed Chairman Jerome Powell announced the Fed will leave interest rates unchanged on Wednesday, July 30, 2025. (Tom Williams/CQ-Roll Call, Inc via Getty Images)

Jefferies' David Zervos Says Fed Was Flying Blind, Warns AI-Led Productivity Gains Could Result In A 'Lot Less' Jobs Created: Report

Zervos noted that many excellent policies outside monetary policy are providing tailwinds to the U.S. economy.

<ul class="summary-bullets"><li>While Microsoft’s market capitalization had crossed the $4 trillion level in July, this is the first time Apple has crossed the milestone.</li><li>Microsoft’s stock jumped on the renewal and expansion of its deal with OpenAI, while Apple’s shares are up on optimism around its iPhone 17 series.</li></ul>Apple Inc. (AAPL) and Microsoft Corp. (MSFT) shares gained in Tuesday’s opening trade, sending the market capitalization of both companies above the $4 trillion level.While Microsoft’s market capitalization&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/microsoft-4-trillion-market-cap-nvidia/choLaTsR56v">had crossed</a> the $4 trillion level in July, this is the first time Apple has crossed the milestone.&nbsp;<a href="https://stocktwits.com/symbol/MSFT">Microsoft’s shares</a> were up nearly 3% in Tuesday’s opening trade, while&nbsp;<a href="https://stocktwits.com/symbol/AAPL">Apple’s shares</a> were up 0.3% at the time of writing.Apple’s market capitalization stood at $4.006 trillion at the time of writing, while Microsoft’s stood at $4.06 trillion. Nvidia remains at the top, with a market capitalization of $4.72 trillion.Microsoft’s stock jumped on the&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/msft-stock-jumps-on-openai-partnership-renewal-stake-valued-at-135-billion/cLGj0pmR3H8">renewal</a> and expansion of its deal with OpenAI, giving the company an approximately 27% stake valued at nearly $135 billion in the AI startup. Apple’s shares are up on&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/apple-stock-hits-all-time-high-market-capitalization-inches-toward-4-trillion/cLG0gUVR3u9">optimism</a> around its iPhone 17 series.<h2 class="st-heading-2">Microsoft’s OpenAI Deal</h2>Apart from a stake in OpenAI, the renewed partnership also stated that Microsoft retains exclusive intellectual property (IP) rights until artificial general intelligence (AGI) is reached. OpenAI will also purchase an additional $250 billion in Azure services under the agreement.Microsoft also has the freedom to pursue AGI independently, either alone or in partnership with others.<h2 class="st-heading-2">Apple’s iPhone 17 Momentum</h2>According to&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://counterpointresearch.com/en/insights/iPhone-17-Far-Outpaces-iPhone-16-Sales-in-China-and-US-During-First-10-Days-of-Availability">data</a> from market research firm Counterpoint, the iPhone 17 series has outsold the iPhone 16 in the first 10 days of its availability in Apple’s key markets, the U.S. and China.“The base model iPhone 17 is very compelling to consumers, offering great value for money. A better chip, improved display, higher base storage, selfie camera upgrade – all for the same price as last year’s iPhone 16,” said Mengmeng Zhang, Senior Analyst at Counterpoint Research.According to TheFly, analysts at JPMorgan on Monday expressed optimism about Apple’s performance in the fourth quarter (Q4) of fiscal 2025 and the first quarter (Q1) of fiscal 2026.The firm expects robust high-single-digit revenue in both quarters, adding that this should reinforce a positive product cycle for Apple among its investors. JPMorgan&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/apple-stock-hits-all-time-high-market-capitalization-inches-toward-4-trillion/cLG0gUVR3u9">hiked</a> its price target on Apple stock to $290 from $280, while maintaining its ‘Overweight’ rating.<a href="https://stocktwits.com/symbol/AAPL">AAPL stock</a> is up 8% year-to-date, while&nbsp;<a href="https://stocktwits.com/symbol/MSFT">MSFT stock</a> is up 30%.Also See:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/trump-jensen-huang-amazing-guy-meeting-nvidia-ceo-wednesday/cLGjhHOR3HK">Trump To Meet Nvidia CEO Jensen Huang On Wednesday, Expresses Optimism About State Of AI Technology</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

The Apple logo is being displayed on a smartphone with Microsoft visible in the background in this photo illustration

Big Tech’s $4 Trillion Moment: Apple Joins Microsoft, Nvidia In The Elite Club

While Microsoft’s market capitalization had crossed the $4 trillion level in July, this is the first time Apple has crossed the milestone.

<ul class="summary-bullets"><li>The feature, named Truth Predict, will allow users to trade prediction contracts related to major political, economic, and sporting events, among others, according to Trump Media.</li><li>Trump Media stated that it will soon begin beta testing the Truth Predict feature live on its platform, before doing a full launch in the U.S.</li></ul>Trump Media &amp; Technology Group Corp. (DJT) on Tuesday announced plans to launch a prediction markets offering on its social media platform, Truth Social.Trump Media stated that it is partnering with Crypto.com | Derivatives North America (CDNA) to offer the prediction markets feature on Truth Social. CDNA is a Commodity Futures Trading Commission (CFTC) registered exchange and clearing house.<a href="https://stocktwits.com/symbol/DJT">Trump Media shares</a> were up nearly 2% in Tuesday’s opening trade. Retail sentiment on Stocktwits around the company trended in the ‘neutral’ territory at the time of writing.<h2 class="st-heading-2">Truth Predict</h2>The feature, called Truth Predict, will allow users to trade prediction contracts on major events, such as elections, changes in interest and inflation rates, gold and crude oil prices, and major sporting events, the company said in its announcement.“Following the integration, Truth Social will be the first social media platform to offer its users technology to access embedded prediction markets capabilities through CDNA,” the company stated in its announcement.<h2 class="st-heading-2">Beta Testing To Begin Soon</h2>Trump Media stated that it will soon begin beta testing the Truth Predict feature live on its platform before a full launch in the U.S. Subsequently, it plans to expand Truth Predict’s availability globally.<blockquote>“For too long, global elites have closely controlled these markets — with Truth Predict, we’re democratizing information and empowering everyday Americans to harness the wisdom of the crowd, turning free speech into actionable foresight.”— Devin Nunes, CEO, Trump Media &amp; Technology Group</blockquote>The announcement comes at a time when trading volumes on prediction markets like Polymarket and Kalshi hit new records, according to a&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.bloomberg.com/news/articles/2025-10-21/prediction-markets-boom-anew-as-volumes-surpass-2024-election">report</a> by Bloomberg.<a href="https://stocktwits.com/symbol/DJT">DJT stock</a> is down 53% year-to-date and 59% in the past 12 months.Also See:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/trump-jerome-powell-will-be-out-in-a-few-months/cLGjgswR3HQ">Trump Says Jerome 'Too Late' Powell Will Be Out In A Few Months, Calls For Candidate Suggestions To Replace Him</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

In this photo illustration, a Truth Social logo is seen displayed on a smartphone with a Trump Media & Technology Group (TMTG) logo in the background

Trump Media Plans To Launch Prediction Markets Offering On Truth Social

The feature, named Truth Predict, will allow users to trade prediction contracts related to major political, economic, and sporting events, among others, according to Trump Media.

<ul class="summary-bullets"><li>The U.S. President also stated that, with the support of Japanese companies such as SoftBank, the United States is pursuing an AI policy to keep it ahead of the curve.</li><li>SoftBank is one of the members of the Stargate Project, which is a joint venture that also includes OpenAI, Oracle, and investment firm MGX.</li></ul>President Donald Trump on Tuesday indicated he will meet Nvidia Corp. (NVDA) CEO Jensen Huang on Wednesday, while praising him at a reception with business leaders in Japan.“I want to congratulate Jensen, he’s been really amazing. He’s an amazing guy, brilliant guy. I’m seeing him tomorrow,” said President Trump. He also recalled that Nvidia and Taiwan Semiconductor Manufacturing Co. (TSM) produced the first Blackwell chip in the U.S. earlier this month.<h2 class="st-heading-2">State Of AI</h2>President Trump expressed optimism about the state of artificial intelligence (AI) technology and said what he saw ahead of the reception on Tuesday was “fantastic.” The U.S. President also stated that, with the support of Japanese companies such as SoftBank Group Corp. (SFTBY), the U.S. is pursuing an AI policy to keep it ahead of the curve.SoftBank is one of the members of the Stargate Project, which is a joint venture that also includes OpenAI, Oracle Corp. (ORCL), and investment firm MGX. Announced by the Trump administration in January, the joint venture plans to invest up to&nbsp; $500 billion in building out AI infrastructure in the U.S. by 2029.<a href="https://stocktwits.com/symbol/NVDA">Nvidia shares</a> were up nearly 0.6% in Tuesday’s pre-market trade. Retail sentiment on Stocktwits around the company trended in the ‘bullish’ territory at the time of writing.<h2 class="st-heading-2">Catering To AI’s Power Needs</h2>President Trump also touched upon the “massive” amount of power that the AI technology needs, adding that he told tech companies to build their own power plants to address these requirements.“You have to double or triple the current amount of electricity in the United States,” he said, adding that the electricity grid in the country is old. To help tech companies, President Trump said his administration is giving fast approvals in a matter of weeks.<a href="https://stocktwits.com/symbol/NVDA">NVDA stock</a> is up 43% year-to-date and 35% in the past 12 months.Also See:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/trump-jerome-powell-will-be-out-in-a-few-months/cLGjgswR3HQ">Trump Says Jerome 'Too Late' Powell Will Be Out In A Few Months, Calls For Candidate Suggestions To Replace Him</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

U.S. President Donald Trump listens as Nvidia CEO Jensen Huang speaks in the Cross Hall of the White House during an event in April

Trump To Meet Nvidia CEO Jensen Huang On Wednesday, Expresses Optimism About State Of AI Technology

The U.S. President also stated that, with the support of Japanese companies such as SoftBank, the United States is pursuing an AI policy to keep it ahead of the curve.