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Related tickers and likely impact
XAU/USD
▲ Likely positiveRelevance: medium
| Market | Gold |
|---|---|
| Close on 10/20/2026 | 4,125.21 |
| Change that session | -0.38% |
QQQ
▼ Likely negativeInvesco QQQ Trust
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/20/2026 | 717.63 |
| Change that session | -0.10% |
SPY
▼ Likely negativeSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/20/2026 | 769.05 |
| Change that session | +0.34% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Iran prolongs talks to undermine Trump before midterms
According to senior Iranian officials who spoke anonymously, Tehran has deliberately prolonged talks with Washington to weaken Donald Trump politically before the November 3 midterm elections, while fearing renewed US attacks. Iran’s offer, conveyed through Qatari mediators, would reopen the Strait of Hormuz within seven days under Iranian control, provided the US lifts its maritime blockade, eases oil export restrictions, releases frozen assets and ends hostilities, while Washington wants Iran’s nuclear programme on the table from the outset. Iran’s economy is under heavy strain, with annual inflation at 73.6% in September, the rial down nearly 35% against the dollar since July, and seaborne crude exports falling to zero from the second week of September. Trump has said the US will not bomb Iran again before November 3, but Iranian officials still expect bombing to resume.
- Qatar says US - Iran talks continue as Tehran prepares for fourth war
- Iran Prolongs Talks in Stalemate to Influence US Midterms , Officials Say
Senior Iranian officials say Tehran has deliberately prolonged talks with Washington to weaken Donald Trump politically before the November midterm elections, and is preparing for renewed Israeli and US attacks rather than a quick deal to end the war. Trump has not offered a detailed plan to reopen the Strait of Hormuz, which Iran has effectively closed; Iran's offer, relayed through Qatari mediators, would reopen it within seven days under Iranian control if Washington lifts its blockade, eases oil export restrictions, releases frozen assets and ends hostilities, while Washington wants Iran's nuclear program on the table from the outset. Officials say Tehran does not trust US commitments to diplomacy and expects bombing to resume sooner or later, even though Trump has said the US will not bomb Iran again before the election. The stalemate is costly for Iran: annual inflation reached 73.6% in September, the rial has fallen nearly 35% against the dollar since Washington reapplied its naval blockade in July, and seaborne crude exports dropped to zero.
- Iran War Has Cost Nearly $2 , 000 Per US Household : Moody Top Economist
Moody’s Analytics chief economist Mark Zandi estimated on Oct. 12 that the Iran war has cost the average U.S. household nearly $2,000 since it began, or about $265 billion nationwide. He attributed roughly $1,100 to higher energy and transportation costs, $540 to higher interest rates and $360 to military spending, and said energy costs are still rising about $50 per household each week. Other estimates cover narrower scopes: Brown University puts consumer costs at $133.3 billion (about $1,018 per household), and Defense Secretary Pete Hegseth has testified to about $37.5 billion in direct military costs. White House Principal Deputy Press Secretary Anna Kelly dismissed Zandi as a Democrat donor who is frequently wrong. U.S. and Israeli strikes on Iran began Feb. 28, and the Congressional Budget Office estimated military costs through Aug. 1 at $38.1 billion.
- Trump could lose Congress and still expand the US war on Iran
Trump has said the US will not attack Iran before the 3 November midterm elections, a statement the article reads as a warning that the post-election period could be more dangerous. Prediction markets give Republicans roughly a one-in-ten chance of keeping both chambers of Congress, and an October AP-NORC poll found 69% of Americans think the war was not worth fighting. The author argues that even a Republican defeat would not stop Trump from launching a limited operation, since the outgoing Congress stays in office until 3 January 2027 and the War Powers Resolution's 48-hour reporting rule does not reliably block an opening attack. Central Command has reportedly been asked to prepare options for renewed operations, and Iran could retaliate and disrupt shipping through the Strait of Hormuz.
- Exclusive Interview : Trump says Iran war will end soon , oil prices will drop fast
President Donald Trump, speaking at a rally in Kalispell, Montana on Wednesday night in support of GOP candidates Aaron Flint and Kurt Alme, told NBC Montana in an exclusive interview that he may support suspending diesel taxes in the state. He said the Iran war would be concluded quickly, after which oil and diesel prices would fall sharply, and that Iran would never obtain a nuclear weapon. He agreed with Flint's view that the war should be finished properly or not waged at all. Trump also blamed former President Joe Biden for inflation and said prices would fall further once the war ends.
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Latest news
- Investors are punishing Big Tech's biggest spenders. Meta is the latest casualty.
Meta shares fell more than 7% on Thursday, wiping out about $125 billion in market value and erasing the stock's gain for the year. It was on track for its third straight drop of 5% or more the day after earnings, a first since its 2012 IPO. Revenue rose 26% to $64.6 billion, but Meta raised its full-year expense outlook, narrowed capital spending to $135–145 billion, and unveiled nonvoting shares it can sell to raise money. Analyst Gil Luria of D.A. Davidson said Zuckerberg will need to raise both debt and equity, while the cost of insuring Meta's debt climbed to its highest in months. Luria also said Meta is gaining share from Google and its ad sales are growing strongly; the stock has traded roughly between $500 and $800 since mid-2024, and a weekly close above $800 would signal a breakout while a close below $500 would open the door to a deeper slide.
- Oil Climbs Above $111 as AI Stocks Slide, Dragging the S&P 500 and Global Markets With Them
Brent crude rose 2.6% to $111.66 a barrel, its highest in five months, as AI-linked stocks slid and pulled the Nasdaq down 1.5% and the S&P 500 down 0.8% by mid-morning in New York. Asian markets also fell sharply, with South Korea's Kospi down 3.52%, Japan's Nikkei 225 down 2.65% and Hong Kong's Hang Seng down 3.03%, while China's CSI 300 entered a bear market. Nvidia fell 2.3% and Meta dropped 5.8% after its profit missed forecasts. The 10-year Treasury yield rose to 5.03% from 3.97% before the Iran war, ahead of the Fed's Oct. 28 decision. Citadel founder Ken Griffin said investors are 'almost certainly' in an AI bubble, though he did not tell them to sell.
- Oil Climbs Above $111 as AI Stocks Slide, Dragging the S&P 500 and Global Markets With Them
Brent crude rose 2.6% to $111.66 a barrel, its highest in five months, as AI-linked stocks slid and pulled the Nasdaq down 1.5% and the S&P 500 down 0.8% by mid-morning in New York. Asian markets also fell sharply, with South Korea's Kospi down 3.52%, Japan's Nikkei 225 down 2.65% and Hong Kong's Hang Seng down 3.03%, while China's CSI 300 entered a bear market. Nvidia fell 2.3% and Meta dropped 5.8% after its profit missed forecasts. The 10-year Treasury yield rose to 5.03% from 3.97% before the Iran war, ahead of the Fed's Oct. 28 decision. Citadel founder Ken Griffin said investors are 'almost certainly' in an AI bubble, though he did not tell them to sell.
- We're dipping back into the AI trade with our first data center buy in weeks
Jim Cramer's Charitable Trust is buying 10 shares of GE Vernova (GEV) at about 818 USD, lifting its weighting to about 2.15% from 1.9%, its first data center-related purchase since a Micron buy five weeks ago. The trust is buying into a Thursday sell-off driven by investor concern over how to fund the data center buildout, as cash flows are used up and debt financing grows less attractive, rather than weaker AI demand. GE Vernova was the third-worst S&P 500 performer that day and trades about 12% below its Aug. 24 level, when the trust downgraded it to a 2 amid caution on AI stocks; it has now been upgraded to a 1 to play for a bounce.
- Could Intel be the next trillion-dollar company?
Maverick Capital reportedly expects Intel to become a trillion-dollar company again, citing growing demand for CPUs used in AI inference. One speaker argues the story is compelling, pointing to huge chip demand, Intel's domestic chip production and strong government support, and notes the stock, though pulled back, sits right on its 200-day trend line. The others say they sold Intel long ago or never owned it, preferring holdings such as Nvidia, Broadcom and AMD. They describe a five- to seven-year wait that carried a large opportunity cost.
- Underdog taps zerohash to bring crypto deposits to prediction markets
Prediction market operator Underdog has partnered with zerohash to add cryptocurrency and stablecoin deposits, expected to launch later this year. Eligible users will be able to fund accounts through the app with near-instant transfers around the clock, without managing wallet addresses or choosing blockchain networks. Underdog has not yet said which cryptocurrencies or stablecoins will be supported. The company, founded in 2020, has more than 11 million registered accounts and is being acquired by IG Group for up to $1.3 billion, with closing expected in late 2026 or early 2027. Over the 30 days ending Oct. 21, its trading volume reached $1.4 billion, up 133%, still far behind Kalshi's $81.5 billion and Polymarket's combined $17.2 billion.
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