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New York Fed President John Williams said AI equipment supply could take more than two years to catch up with demand, which could add to inflationary pressure. In a Bloomberg interview, he said AI infrastructure buildout is pushing up chip prices and the goods that use them, and that the balance will take longer to reach if demand keeps rising as expected, which he called a big assumption. He reaffirmed that the Fed may need one more rate hike this year, but said 'we'll have to see' about 2027. Williams expects AI investment to stay strong despite higher rates, since investors are relatively price insensitive. For Bitcoin miners moving into AI, the chip and power equipment shortage adds competition, and IREN signed $2.8 billion in new AI cloud contracts in July.
- Can DraftKings' Super App Unlock Growth Beyond Sportsbook States?
DraftKings is expanding its customer base through its Super App strategy, bringing its products into the DraftKings Sports app, including Predictions, which lets customers trade contracts on event outcomes even in states where its Sportsbook is unavailable. As of Aug. 7, 2026, more than 600,000 customers had engaged with Predictions year to date, with acquisition costs well below Sportsbook's while retention and trading volume per customer were similar. Partnerships with ESPN, NBC and Amazon add national exposure, but the article notes that turning this reach into sustained financial benefits will likely depend on building awareness and improving monetization. On valuation, DKNG shares have fallen 26% over three months versus an 18.1% decline for the industry, and the stock trades at a forward 12-month P/S of 1.30, below the industry average of 1.64.
- 2 , 037 Shares in Costco Wholesale Corporation $COST Purchased by united states Financial Formulas
USA Financial Formulas bought a new position of 2,037 Costco Wholesale shares in the third quarter, according to its 13F filing with the SEC, worth about $1,854,000. The stake makes up roughly 0.4% of the fund's portfolio and is its 19th-largest holding. The article also reports two insider sales: EVP William Richard Wilcox sold 1,100 shares at an average $958.21 on October 13th, a 26.23% reduction in his position, while EVP Claudine Adamo sold 2,200 shares at $915.93 on September 29th, a 23.57% cut. Costco reported September net sales of $30.02 billion, up 13% year over year, with digitally enabled sales up 19%. Per MarketBeat, 24 analysts rate the stock Buy, eight Hold and one Sell, with a consensus price target of $1,087.40, and Costco declared a quarterly dividend of $1.47 per share.
- Alcoa Gains 8%, United States Antimony Jumps 10% After Alcoa’s Q3 Beat and Data Center Site Sale; Cleveland-Cliffs Rises 2%
Alcoa shares rose 8% to $43.69 in morning trading after Q3 2026 adjusted earnings of $1.82 per share beat the $1.49 consensus, although revenue of $3.7 billion missed the $3.76 billion forecast. The company agreed to sell portions of its Massena East site in New York for data center development, with potential proceeds of up to $315 million. Aluminum output rose for a sixth consecutive quarter, the Alumar smelter restart in Brazil was completed, and alumina output grew 11% sequentially. Lower prices and shipments cut Aluminum segment revenue 9% from the prior quarter, and Alcoa expects $30 million in higher raw material costs and $30 million in adverse alumina costs in Q4 2026. The article highlights whether the AliGroup acquisition of South32's bauxite, alumina and aluminum assets, funded partly by a $2.6 billion senior notes offering, closes in the first half of 2027.
- ASUS ProArt P16 & P14, Powered by NVIDIA RTX Spark, Now Available for Purchase in the United States
ASUS has made its ProArt P16 (H7607BA) and P14 (H7407BA) laptops available in the United States, powered by the NVIDIA RTX Spark superchip for creators, AI developers and gamers. The chip pairs a Blackwell RTX GPU with up to 6,144 cores and a Grace CPU with up to 20 cores, delivering up to 1 petaflop of AI performance and up to 128GB of unified memory to run large AI models locally. ASUS says local execution avoids per-token cloud charges, which it estimates could exceed the laptop's cost within five to ten months for users running intensive AI agents daily, and keeps data on-device. The laptops come with preloaded ProArt apps such as MuseTree and StoryCube, access to Adobe Creative Cloud bundles, and integrations with Hermes Agent and ComfyUI.
- USA Rare Earth Climbs 4% as Month-Long Selloff Pauses; MP Materials Ticks Up, United States Antimony Dips
USA Rare Earth (USAR) rose 4% to $10.77 as a month-long selloff in domestic rare earth stocks paused, though the shares are still down 31% over the past month. United States Antimony (UAMY) slipped 0.9% to $2.76, MP Materials (MP) gained 2% to $40.82, and the VanEck Rare Earth and Strategic Metals ETF (REMX) fell 0.9% to $55.26, while the SPDR S&P 500 ETF Trust (SPY) rose 0.1% to $770.43. The article notes USA Rare Earth is building capacity to process rare earths and produce magnets, so its value depends on plants that have not yet started production. Its government-backed funding is released in stages tied to construction and production milestones, making project progress central to the stock.
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- Iran warns US and Israel
Iran's Armed Forces Chief of Staff, Major General Ali Abdollahi, warned on October 18 that the US and Israel would face a far harsher response if they continue actions Tehran considers provocative. He said Tehran is awaiting their next moves and that Iran's armed forces remain ready for any scenario. Tehran accuses Washington and Tel Aviv of trying to weaken its government, and tensions have risen since earlier conflicts, including a 12-day war. Iran says it will not back down under external pressure.
- Is TC Energy (TRP) a Good or Bad Investment at Today's Multiple?
TC Energy trades at 21.19 times next year's expected earnings, closing at $61.74 on October 16 after a 1.5% return over 6 months, versus 10.5% for the Insider Monkey Billionaire Index and 9.3% for the State Street SPDR S&P 500 ETF Trust. The company operates natural gas transmission pipelines across Canada, the United States and Mexico, plus power generation, with a 44.25% operating margin, and latest-quarter earnings rose 18.00% on revenue up 5.70%. The article flags risks including debt at 170.37% of equity, the loss of crude oil pipelines to South Bow in 2024, and volumes that depend on North American gas demand from power and LNG exports. A 4.01% yield is cited as income while the market decides whether the stable business justifies the multiple relative to its growth.
- Should You Buy This Trump AI Stock Ahead of Earnings?
Microsoft (MSFT) reports quarterly results on October 28 and ranks eighth in Trump's latest stock portfolio, after Trump bought the stock five times in August. Bulls point to Azure growth of 43% last quarter, with management expecting about 45% in the current quarter, and to demand that exceeds available computing capacity. Bears cite rising capital spending that Deutsche Bank says could push free cash flow close to breakeven in fiscal 2027, about two-thirds of spending going to short-lived equipment such as chips, and OpenAI making up about 45% of the commercial backlog in the December quarter. The stock trades at 26.75 times forward earnings, a 27% premium to the sector median of 21.01 but 12% below its own five-year average of 30.47, with a PEG ratio of 1.70 versus a sector median of 1.14. The article concludes that investors pay more than for the average tech stock but less than they usually pay for Microsoft.
- What Is Williams' (WMB) Economic Moat, and Is It Steel or Permits?
Williams (WMB) closed at $71.28 on October 16, with a 0.5% return over 6 months, compared with 10.5% for the Insider Monkey Billionaire Index and 9.3% for the State Street SPDR S&P 500 ETF Trust. The article argues its main advantage is the Transco pipeline, which runs from the Gulf Coast up the eastern seaboard, where several attempts to build new pipe have been abandoned after failing to win approvals. A 39.54% operating margin and 21.50% return on equity are cited as evidence of this advantage, although revenue rose only 7.80% last quarter. Limits noted include debt at 200.37% of equity, rules that also restrict Williams' own growth, and a price of 26.81 times expected next-year earnings. The dividend yields 2.95%.
- Marvell Jumps 6% as GF Securities Says Google Chip Delay Won’t Dent Its Position; Broadcom Rises 3%
Marvell shares rose 6% to $241.27 in afternoon trading after a reported delay in Google's next TPU chip, while Broadcom gained 3%. GF Securities analyst Jeff Pu said the delay does not change Marvell's medium- to long-term position in Google's chip supply chain. Marvell reported Q2 FY2027 revenue of $2.74 billion, up 36.5% YoY, with its Data Center segment at $2.17 billion, or 79% of revenue. Google can acquire up to 7% of Marvell shares under a warrant tied to revenue targets, and management expects its custom business to more than double in fiscal 2028. Q3 revenue guidance is $3.15 billion, plus or minus 5%, with non-GAAP gross margin of 57.5% to 58.5%, and the article notes Marvell still needs to convert its Google programs into reported revenue.
- Is ONEOK (OKE) Cheap at 14 Times Next Year’s Earnings?
ONEOK (NYSE:OKE) closed at $93.31 on October 16 and returned 11.4% over six months, versus 10.5% for the Insider Monkey Billionaire Index. The stock trades at 14.49 times next year's expected earnings and yields 4.59%, and revenue rose 52.80% last quarter as the company grew through acquisitions. The article argues that much of this growth was bought rather than built, with only 13.25% of revenue remaining as operating profit and debt at 143.07% of equity. Because a large part of the business involves buying and reselling liquids rather than earning transport fees, the article views the discount as having a reason behind it. It concludes that investors should watch margins rather than revenue.
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