📊 Tech led a rebound Friday, capping a winning week despite 24-year highs in long-dated yields. The Dow climbed 0.83%, the Nasdaq rose 0.64% and the S&P 500 added 0.59%. 📡 Verizon ($VZ) fell 8.75% to $41.65, its worst day since 2002, after SpaceX announced a deal to buy a nationwide spectrum portfolio. AT&T ($T) and T-Mobile ($TMUS) also slid on competition fears, while SpaceX itself rose 1%. 💉 Moderna ($MRNA) jumped after the New York Times reported the NIH will launch a public-private push on personalized cancer vaccines starting in December. Moderna is already developing one with Merck and is up more than 600% this year, the best performer in the S&P 500. 🏥 Humana ($HUM) soared 12% after its largest Medicare Advantage contract improved in the CMS 2027 Star Ratings. Alignment Healthcare went the other way, plunging almost 14%. 🍎 Apple ($AAPL) dropped nearly 2% after Nikkei Asia reported it cut component orders for the iPhone 18 Pro on softer demand. October production orders for the Pro and Pro Max were trimmed 15% from original plans. 🛢️ Trump said Putin agreed to supply diesel to the U.S. and global markets, starting with more than 300,000 tons immediately and 500,000 more in November. Oil closed marginally higher with WTI near $92 and Brent above $104, easing slightly after the announcement. Consumer sentiment fell to 46.3, its second lowest on record. 👨🏻💻 Researched and written daily by @timemino
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5 Comments
Vishal Teckchandani
@vteck85 · 3d
Wait what, the US is buying diesel from the Russians? Wow maybe Trump and Putin will get married!
Mike L
@noviceadvisor · 4d
Nate
@hoodnate · 4d
Good read!
Wendy Fortner@uppssite · 3d
I'm still with Coca Cola
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