US BANK RESERVES FALL TO $2.8 TLN, LOWEST SINCE 2020

$AAPL Q4 RESULTS & OUTLOOK Results: • Revenue: $102.47B vs. $102.24B est. • EPS: $1.85 vs. $1.77 est. • iPhone: $49.03B | iPad: $6.95B | Mac: $8.73B • Services: $28.75B | Wearables: $9.01B • Greater China: $14.49B vs. $16.24B est. Outlook (Q1): • Revenue growth: 10–12% YoY (vs. 6.6% est.) • iPhone sales: double-digit growth (vs. 9.8% est.) • Ongoing supply constraints on some iPhone 16/17 models Notes: • China Q4 weakness tied to iPhone Air launch delay • Dividend: $0.26/share • CEO Cook expects holiday iPhone sales to top forecasts

$AAPL Q4 RESULTS • EPS: $1.85 vs. est. $1.77 • Revenue: $102.47B vs. est. $102.24B • iPhone: $49.03B (miss) | Services: $28.75B (beat) • Mac: $8.73B | iPad: $6.95B | Wearables: $9.01B • Greater China: $14.49B vs. est. $16.24B • Dividend: $0.26/share

$AAPL - *APPLE 4Q EPS $1.85, EST. $1.77 *APPLE 4Q REV. $102.47B, EST. $102.19B *APPLE 4Q SERVICES REV $28.75B, EST. $28.18B *APPLE 4Q GREATER CHINA REV. $14.49B, EST. $16.43B

STRATEGY GUIDANCE ASSUMES YEAR-END 2025 BITCOIN PRICE OF $150K

$MSTR Q3 RESULTS • EPS: $8.42 vs. est. $7.90 • Revenue: $128.7M vs. est. $118.3M • Notes: Holds 640,808 BTC valued at $47.44B (avg. $74,032/BTC as of Oct. 26)

$NVDA - GREER: BLACKWELLS WERE NOT REALLY ON THE TABLE WITH CHINA

*GREER: US, CHINA WILL MARK 'MILESTONES' ON FENTANYL

*GREER: RUSSIAN OIL CAME UP DURING TRUMP, XI MEETING

INTEL IS SAID IN TALKS TO ACQUIRE AI CHIP STARTUP SAMBANOVA

GREER: TRUMP PUT US ON A PATH FOR STABILITY WITH CHINA

*NETFLIX ANNOUNCES TEN-FOR-ONE STOCK SPLIT $NFLX

$COIN Q3 RESULTS & OUTLOOK • EPS: $1.50 vs. est. $1.21 • Revenue: $1.87B vs. est. $1.78B Q4 2025 Outlook: • Subscription & Services Revenue: $710–$790M • Transaction Expenses: mid-teens % of net revenue • Tech & G&A Expenses: $925–$975M (incl. ~$220M SBC) • Sales & Marketing: $215–$315M (incl. ~$14M SBC)

*COINBASE SEES 4Q SUBSCRIPTION & SERVICES REV. $710M TO $790M

*COINBASE 3Q SUBSCRIPTION & SERVICES REV. $747M, EST. $734.3M *COINBASE 3Q TOTAL REV. $1.87B, EST. $1.8B *COINBASE 3Q TRADING VOLUME $295B, EST. $310.02B

SHARES OF AMAZON UP 10% IN EXTENDED TRADE AFTER QUARTERLY REPORT

$AMZN Q3 RESULTS • EPS: $1.95 vs. est. $1.57 • Revenue: $180.2B vs. est. $177.8B • AWS Sales: $33.0B vs. est. $32.4B • Operating Margin: 9.7% (est. 11.1%) • Q4 Outlook: Revenue $206–213B, Operating Income $21–26B

*AMAZON 3Q EPS $1.95, EST. $1.58 *AMAZON 3Q NET SALES $180.17B, EST. $177.82B *AMAZON 3Q AWS NET SALES $33.01B, EST. $32.39B

META SHARES CLOSE LOWER BY 11% FOR WORST DROP IN THREE YEARS

U.S. STOCKS EXTEND FALL, S&P 500 DOWN 1.00 PCT

FORD TO INVEST $370 MILLION IN INDIA DEFYING TRUMP’S LOCAL PUSH

SPOT SILVER RISES NEARLY 3% TO $48.92/OZ

BUCKINGHAM PALACE: HIS MAJESTY HAS TODAY INITIATED A FORMAL PROCESS TO REMOVE THE STYLE, TITLES AND HONOURS OF PRINCE ANDREW BUCKINGHAM PALACE: FORMAL NOTICE HAS NOW BEEN SERVED TO SURRENDER THE LEASE OF ROYAL LODGE AND HE WILL MOVE TO ALTERNATIVE PRIVATE ACCOMMODATION

*NVIDIA TO INVEST UP TO $1 BILLION IN AI STARTUP POOLSIDE

U.S. TRANSPORTATION SECRETARY DUFFY: AIR TRAFFIC WILL BE SNARLED IF GOVERNMENT SHUTDOWN CONTINUES

🚨 U.S. VP VANCE: IF SHUTDOWN GOES TO THANKSGIVING IT COULD BE A DISASTER FOR AIRLINE INDUSTRY

U.S. VP VANCE: TESTING NUCLEAR ARSENAL FUNCTIONS PROPERLY IS PART OF TRUMP'S TESTING REGIME ANNOUNCEMENT

FAA ISSUES GROUND STOP FOR WASHINGTON NATIONAL AIRPORT CITING AIR TRAFFIC CONTROLLER STAFFING

SOME ECB POLICYMAKERS THINK 2028 INFLATION PROJECTION BELOW 2% WOULD WARRANT RATE CUT DEBATE, SOURCES SAY

ECB POLICYMAKERS PREPARE FOR DECEMBER SHOWDOWN ON INFLATION, RATES, SOURCES SAY

$COIN Q3 EARNINGS PREVIEW • Release: After close, Oct. 30 | Call: 5:30 PM ET • Estimates: EPS $1.11 ($0.77–$1.54) • Revenue: $1.80B • FY EPS: $8.10 • FY Revenue: $7.37B • Trends: 30-day EPS revisions +0.1% (5 up, 8 down) • Market: Short interest 5.07%, implied move ±6.8% • Consensus: Buy | Price Target: $391 $AAPL Q3 EARNINGS PREVIEW • Release: After close, Oct. 30 | Call: 5:00 PM ET • Estimates: EPS $1.77 ($1.59–$1.83) • Revenue: $102.24B • FY EPS: $7.38 | FY Revenue: $414.82B • Trends: 30-day EPS revisions +2.1% (11 up, 0 down) • Market: Short interest 0.74%, implied move ±3.0% • Consensus: Buy | Price Target: $257 $AMZN Q3 EARNINGS PREVIEW • Release: After close, Oct. 30 | Call: 5:00 PM ET • Estimates: EPS $1.57 ($1.18–$1.97) • Revenue: $177.75B • FY EPS: $6.72 | FY Revenue: $709.17B • Trends: 30-day EPS revisions +3.1% (8 up, 2 down) • Market: Short interest 0.7%, implied move ±6.0% • Consensus: Buy | Price Target: $267 $MSTR Q3 EARNINGS PREVIEW • Release: After close, Oct. 30 | Call: 5:00 PM ET • Estimates: EPS $8.15 (range –$0.11 to $31.90) • Revenue: $118.43M • FY EPS: $41.59 | FY Revenue: $460.37M • Market: Short interest 8.84%, implied move ±5.3% • Consensus: Buy | Price Target: $541

DOGE TO LEAD PENTAGON EFFORT TO ACQUIRE THOUSANDS OF DRONES, SOURCES SAY

MORTGAGE RATES IN THE US DROP TO 6.17%, FALLING FOR FOURTH WEEK

US AGRICULTURE SECRETARY BROOKE ROLLINS: CHINA TO REMOVE UNWARRANTED TARIFFS ON MOST US AG

ROLLINS CONFIRMS CHINA TO BUY AT LEAST 12M TONS OF SOY FOR YEAR ROLLINS SAYS CHINA TO BUY AT LEAST 25M TONS A YEAR THROUGH 2028

$MRNA - MODERNA SHARES UP 9.9% AFTER STAT NEWS REPORTS CO HAS BEEN IN TALKS WITH AT LEAST ONE LARGE DRUGMAKER ON A 'DEAL OF SIGNIFICANT SCOPE'

GOLDMAN SACHS CEO SAYS DON'T SEE ANYTHING AT THE MOMENT THAT THREATENS DOLLAR'S RESERVE CURRENCY STATUS

MARKETS STILL OVERPRICING FED CUTS, SAYS SOCGEN Markets expect too many Fed rate cuts despite Chair Powell’s caution that a December cut isn’t guaranteed, says Société Générale’s Subadra Rajappa. The last two cuts aimed to preempt job market weakness, but with the economy still solid and inflation stubborn, further easing may be limited. Powell’s message: the Fed isn’t ready to move aggressively while inflation stays above target.

GOLDMAN SACHS CEO SAYS CHANCES OF A RECESSION IN THE NEAR TERM IS LOW GOLDMAN SACHS CEO SAYS ECONOMY IS IN A PRETTY GOOD SHAPE

GOLDMAN SACHS CEO SAYS IT'S UNFORTUNATE THAT WE HAVE GOVERNMENT SHUTDOWNS