Elon’s AI supercomputer is live — one stock sits under it

KEY TAKES

• Week wrap through Fri close: SPY +1.16%, QQQ +0.23%, DIA +0.98%, IWM −0.92%; XLF +2.3% into bank week after Friday’s wireless split (CCI paid / TMUS sold).
• Week ahead: Mon quiet equity open (Columbus Day Fed-stats shift); Tue JPM ~7:00 AM ET kicks bank week; Wed CPI 8:30 AM ET + Beige Book 2 PM; Thu PPI/retail/claims.
• Trump just called this little-known energy-AI name a big mistake (From Oxford Club)

THE WEEK AHEAD

A soft-green SPY week hid a wireless split: towers paid, carriers sold, and bank week is next. Through Friday Oct 9’s official close, SPY finished at 778.57, up 1.16% from 769.64 on Oct 2. QQQ +0.23%, DIA +0.98%, IWM −0.92%, XLF +2.32%. Friday’s SpaceX Grain print, about $8 billion of 800 MHz spectrum, left CCI +15.6% Friday and +19.9% on the week, and TMUS −13.3% Friday and −9.2% on the week. T −7.7% and VZ −7.9% on the week.

Cash is closed Sunday evening. Futures reopen at 6:00 PM ET, window only, no prices.

Mon Oct 12: Cash open. Columbus Day shifts Fed stats to Tuesday. Equities trade. Quiet open into bank week.

Tue Oct 13: JPM, WFC, C, GS, UNH, JNJ before the open. JPM print ~7:00 AM ET, call 8:30 AM ET. Bank week opens.

Wed Oct 14: BAC, MS, BLK before the open. CPI and core CPI 8:30 AM ET. Beige Book 2:00 PM ET.

Thu Oct 15: PPI, retail sales, and jobless claims 8:30 AM ET. PNC, USB, SCHW before the open.

Fri Oct 16: TFC and TRV before the open. Industrial production and capacity utilization 9:15 AM ET.

ONE TO WATCH AT MONDAY’S OPEN

CCI vs TMUS · Monday Oct 12 cash open, the first session after Friday’s spectrum print. Tell: CCI hold versus a TMUS bounce before Tuesday’s banks. JPM ~7:00 AM ET Tuesday is the week-ahead print, not Monday’s dated watch.

Wrong if: CCI fails to hold and TMUS bounces at Monday Oct 12’s open.

P.S. Missed SpaceX? Midterm boom map for what’s next. (Ad)

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HANDPICKED FOR YOU

Signal over noise. Sunday evening Week Ahead read. Next cash Monday Oct 12.