US Trade Deficit Narrows to $105 Billion in September

A 4% intraday move in a broad China ETF is the kind of jump that usually front-runs headlines, and US-listed China exposure is the fastest way in for anyone underweight.

China $MCHI surging, now up 4% on the day.

• Replies0
• Reposts0
• Likes0

A 2% Nasdaq gain carried by a handful of megacaps while chips sell off means index-level strength is masking what most semiconductor holdings are actually doing today.

The Nasdaq is up 2%, and 25 of the 30 stocks in the Philly SOX are down.

• Replies2
• Reposts0
• Likes4

A third UAE export line bypassing Hormuz chips away at the chokepoint premium baked into crude, and it signals Gulf producers now treat the strait as a permanent risk.

*UAE MULLS THIRD CRUDE OIL PIPELINE TO AVOID STRAIT OF HORMUZ

• Replies2
• Reposts1
• Likes10

Two years of tariff policy left the goods gap 9% wider, which undercuts the case for tariffs easing as a trade-balance victory and keeps import-cost pressure on retailers and manufacturers.

Tariffs were pitched as the fix for America’s trade deficit. Instead… Last 21 Months: –$2.19 trillion deficit in Goods. 21 Months Prior: –$2.01 trillion deficit in Goods. The deficit didn’t shrink. It increased 9%. https://t.co/FbATkD5z2J

• Replies12
• Reposts13
• Likes31

Qualcomm gets a multiyear silicon and software slot inside a fourth US wireless network before it exists, with buildout starting in 2027 across tens of thousands of cell sites.

QUALCOMM TO POWER SPACEX'S NEW NATIONWIDE 5G NETWORK $SPCX has selected $QCOM to supply the chips and software for Starlink Mobile's terrestrial 5G network, with deployment beginning in 2027 across tens of thousands of U.S. cell sites under a multiyear agreement. The goal is to https://t.co/aAd37P7oRa

• Replies6
• Reposts10
• Likes46

An 86,000 private payroll gain gives the Fed cover to keep rates on hold rather than deliver the extra hike some desks still expect, and rate-sensitive sectors trade off that read first.

JUST IN: US private employment increased by 86,000 in October

• Replies10
• Reposts9
• Likes104

A breakup would hand shareholders separate stakes in the retail pharmacy and insurance/PBM businesses, the unit already in the FTC's crosshairs. Holders should keep an eye on the stock for confirmation from the company.

BREAKING: $CVS plans to split into two companies, in one of the biggest spinoffs in healthcare history

• Replies1
• Reposts0
• Likes0

Qualcomm just locked in multi-year silicon demand from tens of thousands of new ground sites, and SpaceX stops being only a satellite threat to the Big 3 carriers once terrestrial buildout starts in 2027.

Big news! SpaceX has just officially announced that they are partnering with Qualcomm to help build @Starlink Mobile's nationwide terrestrial 5G network, with deployment beginning in 2027. Under the multi-year agreement, SpaceX plans to deploy tens of thousands of cellular sites https://t.co/8vtnio27KT

• Replies42
• Reposts128
• Likes972

A prediction-market operator was first with a headline that repriced presidential health and schedule contracts in minutes, and it landed within 30,160 impressions the morning after Democrats took Congress.

JUST IN: President Trump cancels all public appearances

• Replies74
• Reposts72
• Likes652

Exports growing 1.9% against 1.2% import growth means net trade adds to third quarter GDP instead of subtracting, a tailwind the rates market has not priced.

US TRADE DEFICIT NARROWS TO $105 BILLION, BEATING EXPECTATIONS The US trade deficit narrowed to $105.0 billion in September, below the $108.0 billion consensus forecast and August's revised $105.7 billion. 🔸 Exports: $321.51 billion (+1.9%) 🔸 Imports: $426.56 billion (+1.2%)

• Replies27
• Reposts19
• Likes153

European investors just handed Meta a record order book for its first euro bond, days after a $15 billion dollar deal, which means the AI capex build is now being funded across two continents at once.

$META DRAWS A RECORD €53 BILLION OF ORDERS FOR ITS DEBUT EURO 🇪🇺 BOND SALE, BLOOMBERG REPORTS

• Replies13
• Reposts8
• Likes52