Daily market news

Nasdaq 100 holds its short-term uptrend despite a 1.5% dip on Meta’s AI capex concerns and Powell’s cautious Fed comments. Compressed Treasury volatility (MOVE Index) supports risk-on sentiment, while strong Apple and Amazon earnings boost futures. Key technical levels at 25,745–25,800 and a bullish hourly RSI breakout point to continued short-term upside for the Nasdaq 100.

Alphabet's Q3 2025 earnings preview focuses on the $100 billion revenue milestone and the critical CapEx imperative for AI leadership. Investors await details on Google Cloud's growth, the defense of the Search business against AI competition, and the ROI of massive AI spending. The report will heavily influence Alphabet's stock, with potential 6% movement based on Q4 2025 and 2026 forecasts.

Microsoft's Q3 2025 earnings preview focuses on Azure's growth, significant capital expenditure in AI infrastructure, and the impact on stock performance. Investors are keen on optimistic guidance and a quick return on AI investments to justify the high valuation, especially with concerns about competition and the OpenAI partnership.

Tesla's Q3 2025 earnings show a profit margin squeeze despite record deliveries. Analysts expect a 25% EPS drop. The high-flying stock's value now rests on the company's long-term AI, FSD, and Robotaxi ambitions. Critical figures include the Automotive Gross Margin and management's guidance on future projects. A pay package controversy adds a significant non-business risk. High volatility expected.

October 20th North-American Session Recap – Apple and Netflix lead US indexes higher at the start of the week, DXY Slide continues. Check up the Daily asset and FX performance, what changed fundamentally and what's coming up tomorrow.

Preview of Netflix's Q3 2025 earnings, detailing the strategic shift to profitability-driven growth (ARM) via paid sharing and the ad-tier. The article analyzes revenue and EPS expectations, the importance of UCAN performance, and the risk of stock volatility due to high content spending and the need for a "perfect" forecast to justify the current high valuation.

Recently suffering a loss of 2.50% only six days ago, the Dow Jones 30 edges 0.22% in today’s session, erasing losses from Friday’s trading.

Trading around ~$46,428, the Dow Jones now looks for support to continue the recent rally, albeit currently lagging behind its US equity counterparts.

What’s next?

The Nasdaq 100 extended its rally, climbing 1.2% to a fresh record close at 25,137 on 8 October 2025, supported by strong momentum in AI-linked stocks despite growing AI bubble concerns. Reports of US$1 trillion in circular AI deals among OpenAI, Nvidia, AMD, and Oracle have raised valuation risks. Still, the technical setup remains bullish, with the uptrend intact above 24,795, targeting resistance near 25,640 in the short term.

Cooling from all-time highs, the Dow Jones (DJ30) trades 0.33% lower in today’s session, at around $46,594.

Having found support early August, US equities have staged a formidable rally since, despite a somewhat questionable cocktail of macroeconomic themes.

The Nasdaq 100’s short-term bullish trend remains intact above 24,535 support, despite a -0.7% pullback on 23 September amid profit-taking in mega-cap tech. Recent AI-driven optimism, fuelled by Nvidia’s $100B and Oracle’s $300B investments into OpenAI, continues to underpin momentum. Technicals point to potential upside toward 24,890–25,270, while a break below 24,535 could trigger a deeper corrective move.