Afternoon Note
The market saw weakness in the open amid calls from notable figures across the AI industry to slow AI development over safety concerns. However, it recovered after news that Ukraine and Russia agreed not to hit each other's energy targets.

The 10-year yield broke momentarily above 5% for the first time in nearly 20 years, adding inflation concerns. Although the move evaporated shortly after the Ukraine-Russia announcement.

Fellow CEOs, particularly from the cybersecurity sector, are responding and reacting to Dario's pacing moves.

Meanwhile, President Trump said there will be no AI slowdown or pause. He noted the entire thing is a “sick conspiracy” against AI and data centers.

And Beijing’s Foreign Ministry spokesman Guo Jiakun said that fear-mongering, confrontation, and vicious competition would only damage global AI governance.

Strong showings from Alphabet (GOOG/L) and Meta Platforms (META) are helping Communication Services (XLC) move to the top of the sector leaderboard. Software stocks are helping offset the weakness in semiconductors. Defensive sectors such as Health Care (XLV) and Consumer Staples (XLP) are also showing strong moves.

| Tweet |
| 10/30/2026 1:17 PM | A Friday Pullback |
| 10/30/2026 9:33 AM | Tech Tumbles |
| 10/29/2026 1:08 PM | A Split Session |
| 10/29/2026 9:39 AM | WHIRLWIND OF EXCITEMENT |
| 10/28/2026 1:47 PM | Muted Action Ahead of FOMC Decision |
| 10/28/2026 9:30 AM | WARSH BACK AT BAT |
| 10/27/2026 1:46 PM | A Tech-Led Tuesday |
| 10/27/2026 9:45 AM | BRACING FOR MEGA-CAP EARNINGS |
| 10/26/2026 1:39 PM | AI Enthusiasm is Back |
| 10/26/2026 9:44 AM | OPENAl SAVED THE INTERNET |
| 10/23/2026 12:39 PM | Rolling Capitulation |
| 10/23/2026 9:51 AM | A Mixed Session |
| 10/22/2026 1:01 PM | Momentum Takes a Hit |
| 10/22/2026 9:38 AM | STILL – LOTS OF TREPIDATION |
| 10/21/2026 1:27 PM | A Midweek Lift |
| 10/21/2026 9:49 AM | SPACEX: OUT-OF-THIS-WORLD FINANCIALS |
| 10/20/2026 1:28 PM | Gaining Territory |
| 10/20/2026 9:35 AM | CAN MUSK & SPACEX REIGNITE EXCITEMENT? |
| 10/19/2026 1:02 PM | A Monday Rebound |
| 10/19/2026 9:35 AM | MORBID ANNIVERSARY |
| 10/16/2026 1:44 PM | Rate Hike Odds Tumble |
| 10/16/2026 9:55 AM | Buyers Materialize |
| 10/15/2026 1:20 PM | Foxholes in Focus |
| 10/15/2026 9:37 AM | Fear & Loathing |
| 10/14/2026 1:14 PM | Weakness Deepens |
| More commentary archives | |
|
Home |
Products & Services |
Education |
In The Media |
Help |
About Us |
Disclaimer | Privacy Policy | Terms of Use | All Rights Reserved.
|