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Nasdaq 25,955 Β· Meta launches $35 billion stock offering for AI expansion ‌ ‌ ‌ ‌ ‌
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Stock Mornings
Your weekday pre-market read on US stocks.
Issue #89 Β· Monday, October 26, 2026
Volatility (VIX)  Cautious Β· 19.6  β–² from 19.5 yesterday
Major tech companies are making strategic moves while markets digest mixed signals about AI spending efficiency and growth prospects.
 
 

●  The Numbers

S&P 5007,623.68  -0.52%
-0.47% this week
Nasdaq Composite25,955.34  -0.21%
-0.71% this week
Dow Jones52,215.16  -1.23%
+0.41% this week
Russell 20002,775.90  -0.29%
+2.00% this week

Before the bell: see how Asia, Europe & US futures traded overnight →

●  The Movers

Leaders

SPCX SpaceX+1.89%
MSFT Microsoft+0.66%
AAPL Apple-0.14%

Laggards

GOOGL Alphabet-1.24%
^DJI Dow Jones-1.23%
META Meta-0.96%

The day's best and worst of the tracked indices and mega-caps Β· day-over-day change.

●  The Read

S&P 500 β€” description, not prediction

Between its 50-day (7,699.64) and 200-day (7,291.31) averages β€” a trend in transition. 30-day range 7,551.81–7,818.93; currently in the lower third of that range. RSI(14) 37 β€” momentum weak.

See where every market sits on the daily page β†’

●  The Brief

 Meta launches $35 billion stock offering for AI expansion

Meta announced a large public stock offering to finance its artificial intelligence infrastructure buildout, signaling continued heavy investment in the competitive AI sector. (CNBC)

 Verizon raises guidance, inks $2B AWS infrastructure deal

Verizon raised annual forecasts after subscriber growth more than doubled expectations and partnered with AWS on AI infrastructure, showing telecom sector optimism. (CNBC)

 Goldman slashes Korean AI index forecast by 25 percent

Goldman Sachs cut its outlook for the Kospi index, citing reduced growth expectations for AI stocks and rising market volatility among global investors. (MarketWatch)

 Private equity defense tech investments surge eightfold

Private equity poured $4 billion into defense technology in nine months of 2026, up sharply from $500 million in 2024, as sector competition heats up. (CNBC)

Partner

The charts we read every morning

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Markets 101

What is the Nasdaq Composite?

An index of almost every stock listed on the Nasdaq exchange β€” several thousand of them, heavily weighted toward technology. It's why people say "the Nasdaq" to mean tech.

β€œMarkets are a description of today, not a forecast of tomorrow.”

Stock Mornings is an educational digest for US readers. Nothing here is financial, investment, tax, or legal advice. Stocks carry risk β€” you can lose money, and past performance does not predict future results. Some links may be affiliate links; we may earn a commission at no cost to you. Prices via Yahoo Finance, captured shortly before the opening bell.

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