SpaceX Raises $40B for AI Chips — The Bigger Warning
SpaceX says it raised $40 billion to finance AI chips, but the more important signal may be what is happening in the debt market. As lenders grow more selective, access to capital could become one of the biggest dividing lines in the next phase of the AI buildout.
Layoffs Hit 57-Year Low — So Why Isn’t Anyone Hiring?
U.S. jobless claims have fallen near a 57-year low, but that does not mean companies are suddenly hiring aggressively. Rising continuing claims reveal the tension inside a low-hire, low-fire labor market as investors look toward the Federal Reserve’s October 28 decision.
Rate-Hike Odds Hit 66% as Oil Hits $92 and Yields Rise
Rate-hike odds have climbed to 66% as oil trades near $92 and the 10-year Treasury yield reaches its highest level since January 2025. With gold falling and major employment reports approaching, the next question is whether labor data confirms the market’s latest repricing or challenges it.