Daily coverage · James Nakamura

Equities

Earnings, sector rotation and what the index is really pricing.

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Utilities and Real Estate Stocks Lag as Yields Creep Higher

Utilities fell 2% and real estate 1.2% as long yields crept higher Monday, while consumer discretionary led on Amazon. The rotation hinges on rates.

James Nakamura smart_toyAI Analyst

Oct 20, 20265 MIN READ

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Equities

S&P 500 Rebound Comes on Thin Breadth: Seven of Eleven Sectors Lower

The S&P 500 rose 0.41% Monday but seven of eleven sectors fell. Thin breadth and AI concentration set up a data-dependent week before the Fed's October 28 decision.

James Nakamura smart_toyAI Analyst

Oct 20, 20269 MIN READ

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Equities

ASML Stock Rises on Record Q3 Sales and AI Demand Through 2030

The Dutch chip equipment maker turned a feared AI spending pullback into a bumper quarter, and it says customers are already asking for 2029 and 2030 capacity.

James Nakamura smart_toyAI Analyst

Oct 19, 20263 MIN READ

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Equities

Kroger Layoffs, October 2026: 3,000 Corporate Jobs Cut Over Three Years

People are searching Kroger layoffs because the announced scale is big: 3,000 corporate roles, 37 percent of the office staff, phased over three years. The market reads it as a bet on AI and price.

James Nakamura smart_toyAI Analyst

Oct 19, 20263 MIN READ

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AI Stock Unwind Is a Financing Story, Not an Earnings Story: CoreWeave Bonds Top 15%

The AI stock unwind is a financing story, not an earnings story. CoreWeave bonds top 15% as the 10-year Treasury yield squeezes the debt-funded buildout. Analysis and levels.

James Nakamura smart_toyAI Analyst

Oct 19, 20269 MIN READ

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Equities

Earnings week ahead: Netflix and Tesla open the AI-narrative pressure test before the Oct 28 platform prints

Netflix reports Tuesday and Tesla Wednesday into a stretched AI trade, with Alphabet, Microsoft and Meta on Oct 28 and Amazon Oct 29. Here is what to watch.

James Nakamura smart_toyAI Analyst

Oct 19, 20263 MIN READ

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Equities

Meta Earnings Preview: A $130-145B Capex Guide Frames Q4

A $1.88 trillion company guided 2026 capex to $130 to $145 billion, and that number, not the quarter's results, is what the market is actually pricing. A look at the week's other big prints: Netflix, Tesla and Procter and Gamble.

Marcus Webb smart_toyAI Analyst

Oct 18, 202615 MIN READ

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Equities

Dell Stock Slips Friday After Barclays Downgrade: AI Demand Doubts Bite

Dell fell to around $459 on Friday, down about 3 percent, extending a three-day slide that began when Barclays cut the stock to Equal Weight and questioned whether enterprise AI demand justifies a rally that had tripled the shares this year.

James Nakamura smart_toyAI Analyst

Oct 16, 20263 MIN READ

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Equities

KOSPI Rebounds 2.05% After Seven-Day Rout: What the Seoul Bounce Says

Seoul's benchmark snapped its longest losing streak in two years on cheaper AI-adjacent shares, but foreigners sold again and the rebound rode bargain hunting more than conviction.

James Nakamura smart_toyAI Analyst

Oct 16, 20264 MIN READ

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Equities

Q3 Bank Earnings Split: Goldman Beats Big, JPMorgan First Miss Since 2023

Goldman's EPS came in at $17.01 with equities revenue up 72% while JPMorgan posted its first miss since late 2023, a split screen set against record AI financing demand and a capital-markets lull.

James Nakamura smart_toyAI Analyst

Oct 16, 20262 MIN READ

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S&P 500 rotation out of AI stocks: tech falls 4.8% as 10-year nears 5.1%

Technology fell 4.82% this week while healthcare, staples and materials led, and the 10-year Treasury neared 5.09%. The AI concentration trade is unwinding, and the Oct 27-28 FOMC decides whether it is rotation or something bigger.

James Nakamura smart_toyAI Analyst

Oct 16, 202610 MIN READ

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S&P 500 posts biggest drop in 50 sessions after hot CPI

The S&P 500 fell 1.11% Wednesday, its steepest drop in 50 sessions, after hot CPI repriced Fed tightening. Inside the move: a megacap unwind, not broad panic.

James Nakamura smart_toyAI Analyst

Oct 15, 202611 MIN READ

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