VW's Audi bet lands in Georgia with no price tag yet

Audi will build Q7, Q8 and Q9 models in Macon

$500M South Carolina expansion

runs alongside it

No investment figure

was given for Macon itself

Amgen's Imdelltra cut the risk of death by 58% in extensive-stage small cell lung cancer

Median survival: 21.1 months

Durvalumab alone: 12.7 months

Alive at one year: 79% vs 53%

The longest survival ever reported in a Phase 3 trial for this disease

$AMGN $AZN

Couche-Tard is bidding for Cumberland Farms at half the price it walked away from in 2022

The offer values the former EG Group at $7.5B to $8B per The Times, below the $9B targeted in its delayed New York listing

$ATD

Trump's no-attack-on-Iran pledge lasted about two weeks

'We may do another little Epic Fury,' per Reuters

Brent settled at $116.72 Friday, up 3.14%, highest close since April 29

China's selloff is now the longest on record for its benchmark

CSI 300 fell 1.6% this week

11 straight weekly declines

Longest streak since the index launched in 2005

About 19% below the June peak

Hedge funds are record short natural gas, betting a Super El Niño winter kills heating demand

One cold snap is the squeeze risk in a trade this crowded

Howard Hughes is joining the S&P SmallCap 600, and the index funds have to follow

$HHH takes Arcosa's seat before the open on October 28

CRH closed its Arcosa deal today, valued at about $8.5 billion, per S&P Dow Jones Indices

$HHH

GSK's Mo-Rez is outlasting what platinum-resistant ovarian cancer usually allows

Median response: 12.2 months

Progression-free survival: 11.1 months

Usual range in this setting: 6 to 8 months

Response rate held at 62% after 13+ months of follow-up

$GSK

Monday's earnings slate is back-loaded

Verizon before the open, then Cadence, Nucor and Celestica after the close

$VZ $CDNS $NUE $CLS

JetBlue's creditors are hiring restructuring advisers

Senior creditors are working with PJT Partners and Akin per WSJ

Its $2 billion 2031 notes hit 42 cents Thursday, from near 80 cents earlier this month

$JBLU has lost about 58% since the start of August

$JBLU

Amazon $AMZN has sold out its AWS capacity for 2026 and largely sold out 2027, with a good chunk of 2028 already gone, per Reuters

About $220 billion of capex this year still was not enough, and Jassy said he could spend more

Moody's held France at Aa3

The downgrade priced in all week did not come

10-year yield: 5.14% Thursday, highest since 2002

Spread over Germany: 177bp, widest since 2011

Instacart is a grocery ad business wearing a delivery app

GTV: $10.35B in Q2, up 14%

Revenue: $1.04B, up 14%

Ads and other: $297M, up 16%

Adj. EBITDA: $313M, up 19%

Free cash flow: $480M in Q2

That ad line outgrowing orders is what a buyer pays for

$CART

Instacart put itself in play, and the market already picked a side

Preliminary sale talks with DoorDash and Uber per Reuters, at about a $12B value

$CART closed up about 9%, while $DASH fell over 4% and $UBER fell near 3%

$CART $DASH $UBER

SpaceX booked $561M from a tunnel company

The Boring Co stake gain was unrealized

It covered over half of Q3 other income

Net income landed just over $4B in the filing

$SPCX

Bloom Energy $BE is down 11.4% to $193 🔴

A record quarter and a third guide raise still lost to the cash flow line, with operating cash flow at -$27M against +$226M in Q2

Canada tariff relief, finally landing

Nine categories tied to Maine growers will be exempt from the 50% tariffs, per Sen. Collins

The August levies still cover about $20B in Canadian goods

Bombardier is buying its way out of a tariff fight

$270M to expand its US footprint in phase one

800 hires across Kansas, Texas, Indiana and Connecticut

Weeks after Trump threatened to ban its jet sales, he softened this week per WSJ

CrowdStrike $CRWD is up 5.7% to $251.57 🟢

34.4M PHP services still run the vulnerable versions per Censys, and Kurtz warned on CNBC today that breaches are coming

Brent at $116 is starting to cost stocks

Brent: $116.24, up 2.7% today

Highest since early May

WTI: $102.40

Gasoline: $4.29 a gallon

Up from $3.07 a year ago

Dow: -702 points in morning trade