📈 Stocks / Finance

Big Tech selloff drags markets as Fed outlook dims

AP News

The S&P 500 fell 1.2% and Nasdaq dropped 2% as major tech stocks like Palantir (-8%) and Nvidia (-4%) slumped. Investors reacted to mixed earnings and rising uncertainty around Fed rate cuts amid stubborn inflation and lack of new economic data due to the government shutdown.

Polaris drops 7.8% as valuation concerns mount

Yahoo Finance

Polaris shares fell 7.8% amid supply chain shifts and RV demand uncertainty. A DCF model suggests the stock is overvalued by over 800%, though its 0.52x P/S ratio sits near fair value. Analysts remain split on whether recent headwinds are fully priced in.

Supermicro sinks after Q1 miss and reduced outlook

Yahoo Finance

Supermicro shares fell over 8% after Q1 revenue dropped to $5.02B, missing the $6.09B estimate. EPS came in at $0.35 vs. $0.41 expected. The AI server maker also cut its outlook in October and faces rising competition and regulatory scrutiny.

🪙 Crypto

Bitcoin dips below $100K as AI-fueled rally cools

CNBC

Bitcoin dropped below $100,000 for the first time since June, falling 6% amid fading risk appetite tied to AI-driven equity overvaluation. Analysts cite weak retail buying, long-term holder selling, and a lack of catalysts, with downside risk extending toward the $95K level.

🌎 Global Economy

Cooperatives launch $2.8T manifesto at Doha for new economy

PR Newswire

At the Doha Summit, leaders of top cooperatives unveiled a global economic manifesto promoting sustainability and inclusion. The sector’s $2.8T output rivals the 8th largest economy, signaling growing influence in reshaping global development policy.

Shoppers are adding to cart for the holidays

Over the next year, Roku predicts that 100% of the streaming audience will see ads. For growth marketers in 2026, CTV will remain an important “safe space” as AI creates widespread disruption in the search and social channels. Plus, easier access to self-serve CTV ad buying tools and targeting options will lead to a surge in locally-targeted streaming campaigns.

Read our guide to find out why growth marketers should make sure CTV is part of their 2026 media mix.

Learn more.