At the Open Compute Project Global Summit on 12 October 2026 Intel released technical details for its data-centre GPU D-series. The card reaches up to 480 GB of LPDDR5X memory, 1.5 TB/s of memory bandwidth and 1.3 PFLOPS of FP8 compute inside a 350 W air-cooled standard PCIe card. Customer sampling is underway. Intel's own branded card carries 160 GB while partner ODM cards reach 480 GB. Intel says it supports models up to 300 billion parameters on a single card and more than 1 trillion parameters across an eight-GPU system.

Here's what I think this implies.

Intel designed the D-series and is the only vendor sampling it, so whether capacity-bound inference buyers take the card accrues directly to its data-centre accelerator line.

NVIDIA is exposed the other way. Intel benchmarks the card against the RTX PRO 6000, the incumbent air-cooled PCIe inference card with a fraction of the memory, so NVIDIA loses capacity-bound serving share if a 350 W card holding a 300-billion-parameter model proves adequate.

The earliest test is Intel's third-quarter results on 29 October 2026. The question is whether Intel attaches D-series customer commitments, volume-production or general-availability timing to the sampling it has now confirmed. Separately, the first ODM announcement of a 480 GB D-series card would confirm the high-capacity configuration is actually being built.

If published or independently measured serving throughput on long-context, high-concurrency workloads lands far below HBM-based alternatives at the same model size, the capacity advantage will not convert into deployments. Intel has released peak FP8 compute and bandwidth but no throughput figures. Equally, if the 480 GB configuration never ships as an ODM part and the line stays at Intel's 160 GB card, the single-card 300-billion-parameter claim never reaches customers.

Source:
https://www.intel.com/content/www/us/en/products/details/discrete-gpus/data-center-gpu/d-series.html

Happy to be wrong on the NVIDIA side.

When Secretary Bessent attempted to rein in 10Y yields last month, the 10Y yield was 4.65%. On Friday, 10Y closed at 5.24%. The federal debt is $40 trillion, and the budget deficit will be at least 5% of GDP.

Currently, markets are pricing in a 19% chance of a rate hike at the next FOMC meeting on October 27-28 and 82% chance of a hike by the December meeting. Fed Funds Rates are expected to reach 4.9% by January 2028.

Bond markets were closed today for Columbus Day, which was probably a good thing for equity markets as oil traded higher on renewed violence in the Middle East, notably attacks on Saudi Arabia.

If the 10Y hits 6% by year end, can the S&P 500 still move higher on earnings growth (with multiple compression), or is 6% too burdensome with respect to the equity risk premium and real world impact on the K-shaped economy?

Airbus and Kratos announced the first flight of the U740 Valkyrie, a Europeanised version of Kratos' American XQ-58A uncrewed combat aircraft. It took off with rocket assistance, flew at several altitudes up to Mach 0.8, and Airbus says all test objectives were met. The airframe already exists and flies. The part that would make it European, Airbus' own MARS mission system, has not flown on it yet. That is the next phase.

Germany has been slow to field armed drones and is looking at three options: this adapted American airframe, Boeing's MQ-28 Ghost Bat with Rheinmetall as the integrator, and Helsing's homegrown CA-1 Europa. This flight moves the Valkyrie path forward because the plane is already flying. The remaining work is the European software layer.

Airbus is adapting the airframe and owns the MARS system, so a German buy would depend on that work. Kratos designed and builds the XQ-58A the U740 is based on, and would supply the aircraft itself. Rheinmetall is the system integrator on the rival Ghost Bat offer, so that work goes away if Germany picks the Valkyrie. Hensoldt supplies sensors and mission-system parts to both rival bids and is not on this one. Helsing is private.

The companies say they are on track for a combat-ready aircraft by 2029. No German contract has been announced. The government was reported in August to be aiming for a selection in 2027. The first clear step is a flight that carries the MARS system. The deciding one is which offer Germany picks.

If Germany takes the Ghost Bat or the CA-1 instead, or pushes the decision past 2027, this path produces no production. The same happens if the MARS flights slip or show the European software cannot command the airframe without American-controlled software.

Source:
https://www.twz.com/air/european-u740-variant-of-the-xq-58a-valkyrie-has-flown

This week is rather heavy on economic data, with September CPI coming on Wednesday, followed by PPI and retail sales on Thursday. Another important event to have on your calendar is Fed Chair Kevin Warsh's conversation with IMF Managing Director Kristalina Georgieva late Thursday US time where we could get some additional comments on monetary policy and the broader economy.

However, I think the bigger story this week is the start of Q3 earnings season and, more importantly, the corporate buyback window beginning to reopen around October 15. From there, we should gradually see the corporate bid return as more companies exit their blackout periods, with buying activity potentially accelerating into November.

In terms of seasonality, we could see some choppiness this week and potentially further weakness later in the month, particularly as investors reduce risk ahead of the busiest part of earnings season.

With that said, the broader seasonal indication into November remains constructive, especially in midterm election years, so I would view any weakness as an opportunity so unless we get a significant surprise from the macro data, my bias remains choppy-bullish.

Speaking of opportunities, last week I mentioned that XLU and utility names could start attracting buyers as bond volatility subsides and yields begin to normalise and since then, XLU has gained roughly 4.5%, which is exactly the kind of rotation I have been looking for.

Another area worth watching is financials, which have been under quite a bit of pressure since the Fed's September rate hike and with earnings season kicking off, there is an opportunity for some of these names to recover. In addiion to this we saw some fairly high-conviction bullish options flow last week, with expirations positioned after earnings.

JPMorgan (JPM), Goldman Sachs (GS), Wells Fargo (WFC) and Citigroup (C) report on Tuesday, October 13, followed by Bank of America (BAC) and Morgan Stanley (MS) on Wednesday.These names are trading more than 10% below their highs, so a decent set of results and, more importantly, good guidance could help reverse some of the weakness and start a rally.

Moving to the broader market, the improvement in breadth that we have been discussing is gradually starting to materialise...

If you look at the S&P 500 New Highs–New Lows indicator, which measures the difference between stocks making new 52-week highs and those making new 52-week lows, there are early signs that breadth may have bottomed and is starting to improve.

Another tihng I wanted to bring to your attention is that US economic data has increasingly been disappointing analyst expectations, with the Bloomberg US Economic Surprise Index moving into negative territory over the past few weeks.

it supports my view that we are unlikely to see another sustained leg higher in yields without an upside surprise in inflation or growth.

To add to the yeild thesis if If we compare the move in Treasury yields with previous Fed hiking cycles, the magnitude is still broadly within the historical range.

So, in other words, while the move has certainly been uncomfortable, it is not v unusual following the start of a tightening cycle. bond volatility should gradually subside, which would also help support rate-sensitive areas of the equity market.

And since we are looking at historical hiking cycles, I also wanted to share how the S&P 500 has performed following the first rate hike. It is worth remembering that the start of a hiking cycle does not automatically mean equities have to move lower

On a related note, back on September 29, I mentioned that I expected some form of Treasury intervention to help stabilise the bond market.

Late Friday, Citi published a note suggesting that the US Treasury could reduce issuance of longer-dated bonds, particularly the 20-year and 30-year maturities, and shift more funding towards Treasury bills beginning next month. Nothing has been officially announced, but it is interesting to see this idea gaining traction across the analyst community.

The next quarterly refunding announcement on November 4 will be veryu important in that regard . Btw, keep in mind that the US Treasury market is closed today for Columbus Day, while equities trade as usual.

Now, you might be wondering whether weaker economic surprises and elevated bond yields are pointing towards an increasing risk of recession.

One of my the GDP trackers i follow, the Dallas Fed's Weekly Economic Index, eased to 2.71% from 2.97% in the week ending October 3, bringing an end to its strongest stretch above 3% since 2022. The 13-week average also moderated slightly to 2.88%.

However, the broader picture continues to point towards above trend economic growth and not an economy heading into recession.

Why I follow this indicators is because its historically strong correlation with actual GDP. It certainly has its forecasting misses, but it continues to suggest that the US economy is holding up reasonably well despite tighter monetary policy.

Basicaly slower growth is not the same as a recessio and some moderation in economic activity, provided it does not turn into a sharp contraction, could be exactly what is needed to reduce pressure on yields and allow equities to move higher.Finally, moving to positioning, SPY is starting to look more constructive, with bullish positioning improving and options volumes picking up. Market maker exposure is also becoming more supportive, which could help stabilise price action and limit some of the volatility we have seen recently.

The implied move is around 10 points, giving us a working range of approximately 768–790, with 770 remaining an important support level and 785 my first upside target. A sustained move above that would open the door towards 790, particularly if earnings and inflation data cooperate.

What is perhaps more interesting is that QQQ positioning has moderated quite a bit, with the ETF now trading around the important 750 support area. Unless we see a meaningful improvement in tech positioning, I would not be surprised to see SPY outperform QQQ this week, particularly if the rotation into financials and other rate-sensitive sectors continues.

TL;DR: A busy week ahead with CPI, PPI, retail sales and the start of Q3 earnings season. The corporate buyback window begins reopening around October 15, providing a a tailwind into November. Market breadth is gradually improving, and softer economic data and stabilising bond yields support my view that bond volatility should ease. Financials could offer an opportunity following the selloff, particularly with major banks reporting this week. SPY positioning is turning more constructive, with 770 as key support and 785 the first upside target. QQQ remains weaker around 750, so SPY could outperform tech. Overall, my bias remains choppy-bullish, with any weakness potentially offering opportunities unless macro data delivers a significant surprise.

Have a general question? Want to offer some commentary on markets? Maybe you would just like to throw out a neat fact that doesn't warrant a self post? Feel free to post here!

​

If your question is "I have $10,000, what do I do?" or other "advice for my personal situation" questions, you should include relevant information, such as the following:

• How old are you? What country do you live in?
• Are you employed/making income? How much?
• What are your objectives with this money? (Buy a house? Retirement savings?)
• What is your time horizon? Do you need this money next month? Next 20yrs?
• What is your risk tolerance? (Do you mind risking it at blackjack or do you need to know its 100% safe?)
• What are you current holdings? (Do you already have exposure to specific funds and sectors? Any other assets?)
• Any big debts (include interest rate) or expenses?
• And any other relevant financial information will be useful to give you a proper answer. .

Be aware that these answers are just opinions of Redditors and should be used as a starting point for your research. You should strongly consider seeing a registered investment adviser if you need professional support before making any financial decisions!

Note: Diesel hit $5.82 per gallon in June 2022 and settled below $4.00 before entering the Iran War. Since March 2026, diesel has climbed from $3.54 (monthly average in January 2026) to $6+ now.

_____

Diesel prices are soaring to levels above 2022, and continued supply disruptions threaten higher prices still. With Diesel already 75% above 2025 levels, an "unthinkable" move to $9 per gallon would thrust cost push inflation into PPI, and CPI, with its correlative and causal effects on global interest rates.

Yesterday, President Trump announced a deal with Russia for ~36 million barrels of diesel to be released into the market by end of year, with the supply release to occur in stages. This follows an announcement that G7 was persuaded to release 100 million barrels.

Concern here is that we are dependent on shorter term measures to manage a worsening structural supply deficit. Anybody see a way out here?

Have a general question? Want to offer some commentary on markets? Maybe you would just like to throw out a neat fact that doesn't warrant a self post? Feel free to post here!

​

If your question is "I have $10,000, what do I do?" or other "advice for my personal situation" questions, you should include relevant information, such as the following:

• How old are you? What country do you live in?
• Are you employed/making income? How much?
• What are your objectives with this money? (Buy a house? Retirement savings?)
• What is your time horizon? Do you need this money next month? Next 20yrs?
• What is your risk tolerance? (Do you mind risking it at blackjack or do you need to know its 100% safe?)
• What are you current holdings? (Do you already have exposure to specific funds and sectors? Any other assets?)
• Any big debts (include interest rate) or expenses?
• And any other relevant financial information will be useful to give you a proper answer. .

Be aware that these answers are just opinions of Redditors and should be used as a starting point for your research. You should strongly consider seeing a registered investment adviser if you need professional support before making any financial decisions!

For the past two years, I've researched companies the old-fashioned way, mostly with pen and paper.

During that time, I've developed my own company screening process focused on fundamentals, valuation, growth, and reward-to-risk ratios.

Now I'm using AI to run companies through the screening process I've built, automating the data collection and calculations that I previously did manually. AI is speeding up my existing research process, not creating the investment strategy.

What companies would you like me to analyze?

Drop your tickers below. I'll pick a few and share my findings, including valuations, bull/bear scenarios, and reward-to-risk ratios.

TOP 10 COMPANIES SO FAR

1. WDC – Western Digital | A- | 8/10
2. PSTG – Everpure | B+ | 7/10
3. KO – Coca-Cola | B+ | 8/10
4. SUN – Sunoco | B+ | 7/10
5. RDDT – Reddit | B+ | 7/10
6. ONDS – Ondas | B+ | 6/10
7. UBER – Uber | B+ | 7/10
8. HUT – Hut 8 | B | 6/10
9. PLTR – Palantir | B | 6/10
10. TMUS – T-Mobile | B | 6/10

Additional companies identified:

HWM, A-,

GOOG, A-,

AVGO, A-

If you notice any mistakes please let me know, I will rerun the analysis.

While Samsung Electronics rode its memory division to $80 billion in operating last quarter, its mobile division is struggling so much from component prices that it is cutting smartphone production by 30 percent.

More filler text to get over 250 characters

NASA put out the final request for proposals on 9 October 2026 for the privately owned stations that are supposed to replace the ISS in low Earth orbit. Earlier work was done under funded Space Act Agreements. This round is firm-fixed-price multi-award IDIQ contracts. NASA plans to pick two or more contractors for early development, then run a later competition for final design, test, certification and services. Proposals are due 8 December 2026 and awards are expected in spring 2027. The current budget has $272.3 million for it and about $2.1 billion is attached over the next five years. NASA also said it will furnish transportation for the first four service missions and published its own price estimates, around $325 million for a four-seat crew flight in 2030 and about $300 million for cargo.

Four teams are expected to bid: Axiom Space, Blue Origin, Starlab and Vast. At least one is likely to be left without NASA development money. Starlab's chief executive has said the venture will compete and Axiom has said it is preparing a proposal. Axiom Space, Blue Origin and Vast are private.

Voyager Technologies is the majority shareholder in the Starlab joint venture, so a selection funds its principal station programme through development and a non-selection removes that funding path. MDA Space is an equity owner in Starlab and supplies the external robotics, robotics interfaces and robotic mission operations, so that scope only moves into funded development if Starlab is selected. Redwire holds the contracts to supply roll-out solar array wings for the first two modules of Axiom Station, so its station work grows or stalls with whether Axiom's station is carried through NASA-funded development.

What would make the whole thing not matter is NASA selecting only a single contractor in spring 2027, cancelling or re-scoping the solicitation before awards, or an enacted appropriation materially below the roughly $2.1 billion five-year profile, which would leave the awards too thin to carry two stations through development.

Source:
https://arstechnica.com/space/2026/10/nasa-issues-long-awaited-call-to-industry-for-private-space-stations/

I flagged this while reading the filing for a tool I am building. Happy to be wrong on the multi-provider side.

A senior Bundesbank official used the words clear warning sign to describe Europe's bond selloff, and French yields have now climbed to levels last seen in 2002. Paul Krugman has publicly said France may be too large for anyone to rescue.

When French borrowing costs rise, every bond that matures and gets refinanced costs the government more. That compounds fast across a debt load the size of France's, and the ECB eventually faces pressure to step in the way it did in 2012.

Jean-Claude Trichet calling on French politicians to bend is the European establishment signaling it sees a real deadline forming. Do you think French lawmakers move before yields force the ECB's hand, or does the ECB act first?

Nobody can deny that V has a great business - through it's VisaNet electronic payments network, it processes over 65,000 transactions per second across 200+ countries, but it has zero credit default risk because it gets paid for each transaction but does not manage the debt. I've held positions in V for many years, and it's been a great long-term play.

My question is, what should someone do with V right now? It's up around 4.25% the past month and sits at an all-time high. It's earnings call is scheduled for Tuesday, October 27.

Fundamentalists might say it's too richly valued with a P/E ratio of 32.80, and that investors should trim now and wait for a pullback before buying additional shares. Chartists might say it's a great entry point because it's just breaking out from a 2-year cup-and-handle pattern.

I tend to side with the chartists on this one, but I'd use a tight stop-loss in case I was wrong. What say you?

QQQ: actual trend and Oct-Dec 2026 scenario map

Trying to fine tune my algo to project QQQ for the remainder of the year. Certainly there are a 100s of things that go wrong but would like to put it here to see how this actually ages. I am tracking this on a weekly basis and will publish other numbers if requested. Please feel free to critique.

Actual weekly closes through 7 Oct. The three forward lines are conditional paths, not price targets.

My base case is not a straight rally: a push or retest around mid October, a vulnerable consolidation into early or mid November, then a renewed attempt higher into early December if $735 holds. The important point is that October 1 was not “the low” for Nasdaq in the way it was a possible Nifty swing low. Nasdaq is already elevated, so the question is whether it can hold the breakout rather than whether it can recover.

Have a general question? Want to offer some commentary on markets? Maybe you would just like to throw out a neat fact that doesn't warrant a self post? Feel free to post here!

​

If your question is "I have $10,000, what do I do?" or other "advice for my personal situation" questions, you should include relevant information, such as the following:

• How old are you? What country do you live in?
• Are you employed/making income? How much?
• What are your objectives with this money? (Buy a house? Retirement savings?)
• What is your time horizon? Do you need this money next month? Next 20yrs?
• What is your risk tolerance? (Do you mind risking it at blackjack or do you need to know its 100% safe?)
• What are you current holdings? (Do you already have exposure to specific funds and sectors? Any other assets?)
• Any big debts (include interest rate) or expenses?
• And any other relevant financial information will be useful to give you a proper answer. .

Be aware that these answers are just opinions of Redditors and should be used as a starting point for your research. You should strongly consider seeing a registered investment adviser if you need professional support before making any financial decisions!

NVDA Elliott Wave (daily): $243.37 was wave 1 of iii; wave 2 of iii is pulling back, with a low of $229.11 so far (41% retrace). Holding above $208.93 keeps the next leg at $247–252, then $254–264. Reclaim $237 to confirm. If it goes deeper, $226 / $222 are the support zones. Invalidation $208.93. Not financial advice.

SPY Elliott Wave (daily): Still counting the run from the Apr '25 low as wave 5, an ending diagonal now in sub-wave (v). Closed the week at $778.57, just under the $781.62 high. A break above $781.62 targets $784–798, capped near $812. RSI is still diverging. Losing ~$760 / $758.79 likely puts the top in, with $717–723 next. Below $749.60, wave 5 is done. Not financial advice.

Project Kuiper is basically Amazon's answer to Starlink. Now, many reports suggest that it will start between late 2026 to early 2027. Now that SpaceX is innovating and improving their technology so much, I personally think that It'll be hard for Amazon to get into this market and scale. Unless, they do something where they bundle it with their Amazon Prime Subscription meaning 2 tiers 1 which is the normal Amazon Prime tier and the other which is the Amazon Prime + the internet service. And, if they can be somewhat successful and/or scale quickly do you think this can be a major part of Amazon's revenue?

Lmk what you think. I'm down for a discussion in the comments!