See the full story in the original article.
Read the original on Yahoo Finance ↗
Keywords
Open a keyword to see other news on the same topic.
Related tickers and likely impact
DXY
• NeutralRelevance: low
| Market | Currencies |
|---|---|
| Close on 10/23/2026 | 101.74 |
| Change that session | +0.11% |
SPY
• NeutralSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/23/2026 | 759.85 |
| Change that session | -0.54% |
AMZN
• NeutralAmazon
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Broadline Retail |
| Market cap | $2.7T |
| Close on 10/23/2026 | 248.04 |
| Change that session | -0.93% |
GOOGL
• NeutralAlphabet Inc. (Class A)
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $4.0T |
| Close on 10/23/2026 | 320.25 |
| Change that session | -1.22% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- U . S . business inflation heating up , could lead to even higher prices for American shoppers
U.S. wholesale inflation climbed in September to its highest level in more than four years, with the Producer Price Index (PPI) up 1.3% from the previous month and 6.3% from the same month in 2025, both above economists' forecasts. Oil prices rose amid U.S. President Donald Trump's prolonged war with Iran, squeezing businesses, while record diesel prices added to transportation costs. Core PPI, which excludes energy, food and trade services, is also rising at its fastest pace since October 2022. Consumer inflation edged up to an annual 3.7%, while core inflation was 2.6%, both hotter than expected. The article warns that manufacturers and wholesalers could pass higher costs on to consumers, and the two reports reinforce expectations that the Federal Reserve may raise interest rates again before year-end.
- Producer Price Inflation Was Much Hotter Than Expected. Stocks Still Climbed.
Producer prices rose 1.3% last month and 6.3% year over year, the largest 12-month increase since 2022, well above economists' forecasts of 0.6% and 5.5%. Excluding food, energy and trade, the monthly PPI rose 0.5% and the annual rate was 5%, with gasoline prices up 20.3% and chicken egg prices down 39.7%. Stocks still rose, with the Nasdaq Composite up 0.08%, the S&P 500 up 0.33% and the Dow up 1.08% as investors rotated out of the AI trade. Odds of a Fed rate hike fell to 27.1% according to CME Group's FedWatch tool. Investors had also trimmed tech positions over AI overspending and a memory chip glut, while Anthropic reported $16.8 billion in third-quarter revenue, up about 45% from $11.6 billion in the second quarter, and adjusted profitability for a second straight quarter.
- U . S . Producer Prices Jump Much More Than Expected In September
The U.S. Labor Department said its producer price index for final demand jumped 1.3% in September, far above the 0.5% that economists had expected. The August increase was revised up to 0.5% from the 0.4% originally reported, and the release came a day after the consumer inflation report.
- $8 Trillion in Big Tech Earnings, Fed Decision and Inflation Data: Bitcoin's Next Big Test?
- Stock Futures Set to Trade Ahead of Fed Decision
- US Equity Investors to Monitor Mag-7 Earnings, Fed's Monetary Policy Path, Inflation Data This Week Amid Faltering AI Trade
Related markets
Latest news
- Canada opens consultation on stablecoins, citing US GENIUS Act
The Canadian government has opened a 60-day public consultation on proposed regulations for stablecoin issuers that are not financial institutions, with comments accepted until Dec. 23. The draft proposes barring interest or yield payments, requiring redemption within three business days of tokenholder requests, and capping fees at 1% of the coins' total value. The rules fall under Canada's Stablecoin Act, passed in March, and are intended to take effect in fall 2027, when non-financial issuers would have to register with the Bank of Canada before issuing stablecoins. The framework aims to stay consistent with US and other jurisdictions' stablecoin rules to reduce the regulatory burden on multi-jurisdictional issuers. Meanwhile, the US GENIUS Act is scheduled to take effect in January 2027, and the EU's MiCA could give exchanges until January to halt services for non-compliant stablecoins, likely including Tether's USDT.
- AI Agents Found a Way Into Anthropic's Business Systems in Under 12 Hours
Cathedral, a cybersecurity startup founded by four former staffers of the Department of Government Efficiency (DOGE), says its AI agents reached Anthropic's internal systems in less than 12 hours by exploiting weaknesses in third-party administrative and sales software rather than Claude itself. Anthropic confirmed access to a limited set of sales, HR and IT systems holding business contact details and basic user account records, but says customer conversations, Claude responses, source code and model weights were not reached. Anthropic said Cathedral overstated the national security implications and did not disclose all of its activity, while Cathedral said it kept data access to the absolute minimum. A senior Trump administration official, speaking anonymously, said the report has circulated in government and raised national security concerns.
- Will Bitcoin Hit $100,000 Before the End of 2026?
Bitcoin is down about 10% so far in 2026 and has not reached $100,000 this year, after falling below $60,000 earlier and rallying about 27% since the start of August. The recent rally was driven by concerns over U.S. debt and higher bond yields, which pushed investors toward Bitcoin as an alternative to the dollar. However, the price has recently slipped amid possible profit-taking and renewed fears about market stability. Bitcoin reached around $80,000 in May before giving back those gains. The author expects headwinds such as possible rate increases and a potentially split Congress after the midterm elections, which could hinder crypto-friendly reform, so he does not anticipate a return to $100,000 anytime soon.
- SoFi Stock Lost 82% Once Before, Then Rose About Sevenfold. It's More Than 50% Below Its High Again.
SoFi stock once dropped 82% before soaring 650% about three years later to reach new highs, but it now sits 54% below that peak after just a few months. Q2 adjusted net revenue rose 40% year over year to $1.2 billion, EPS increased from $0.08 to $0.12, and the company added 1.1 million members (up 35%) and 2.2 million products (up 42%), with 51% of new products coming from existing customers. Tech Platform sales keep declining after the loss of a major customer, and management did not raise net income guidance even though it raised revenue guidance. The stock trades at a P/E of 31 and a price-to-book ratio of 1.7, and it faces competition from legacy banks and digital rivals such as Ally, Happen and Nu Holdings. The author thinks SoFi could return to its previous highs but it may take time, and the stock could move when it reports earnings on Tuesday.
- Why Ambev S.A. Dropped Today
Ambev shares fell 15.5% on Monday, not because of company-specific financials but after far-left candidate Luiz Inácio Lula da Silva unexpectedly won Brazil's presidential runoff against Flávio Bolsonaro, whom investors had been betting on. Ambev had rallied after Bolsonaro led the first round on Oct. 4 with 47% to Lula's 45%, but Lula won the second round 51.8% to 48.2%, the first time since 1988 that the first-round leader did not win. Lula has promised large welfare payments and may increase business regulation, which triggered a sell-off in Brazil's currency and bonds, raising inflation risk and reducing the value of Ambev's real-denominated earnings in U.S. dollar terms. Ambev trades at a 14.7 P/E and a 4.1% dividend yield, and the company reports third-quarter earnings on Thursday, Oct. 29.
- 1 Reason to Buy Meta Stock Now and Hold for the Long Term
Meta Platforms, which earns nearly all its revenue from ads, was down about 10% from its September high of $779.82 as of Oct. 22, despite 26% year-over-year revenue growth in the third quarter. The author sees the dip as a buying opportunity because non-ad revenue from its apps rose 59% to $1.1 billion, driven by WhatsApp paid messaging and subscriptions, and Meta One has passed 15 million subscriptions and trials, growing more than twice as fast as the company overall. CFO Susan Li said new AI businesses could start contributing to revenue growth in 2027. The main near-term headwind is capital expenditures of up to $145 billion this year, and the stock trades at about 19 times analysts' 2027 earnings estimate, roughly in line with the S&P 500's forward multiple of 19.3.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.