Market News for October 13, 2026
Every story Market Flux published on October 13, 2026.
- Most Active
Bumble Agrees to $1.3 Billion All-Cash Buyout by Ithaca Holdings at $6.05 Per Share
Bumble Inc. has agreed to be taken private by Ithaca Holdings in an all-cash deal valuing the dating-app company at $1.3 billion, or $6.05 per share. The offer represents a premium of…
- Most Active
Six Flags Stock Plunges 14% After Man Dies Falling From Goliath Roller Coaster in Georgia
Six Flags Entertainment shares fell as much as 16% on Tuesday, touching a 52-week low of $10.44, after a man died and several others were injured in an incident on the Goliath roller…
- Most Active
Fermi Secures AMD Credit Support for 222 MW Texas AI Project, Shares Jump 13 to 15 Percent Premarket
Fermi Inc. announced a credit support agreement with Advanced Micro Devices on October 13, supporting a customer lease covering the first phase of Project Matador, a large-scale energy and…
- Market Flux Event
S&P 500 Barely Budges on October 13 as Bank Earnings Disappoint and Chip Stocks Fall for Fifth Straight Day
U.S. stocks ended marginally lower on October 13, 2026, as a mixed bag of major bank earnings and a continued selloff in semiconductor shares weighed on sentiment. The S&P 500 closed down…
- Market Flux Event
Global Leaders Weigh AI's Economic Promise and Policy Risks at Confluence of Major Forums
A wave of high-profile statements from central bankers, tech executives, and international institutions on October 13 painted a detailed picture of how artificial intelligence is reshaping…
- Top Story
Fed's Williams and Collins Back One More Rate Hike in 2026 While Pushing Back on 2027 Tightening
Two Federal Reserve officials on October 13 signaled support for one additional interest-rate increase before year-end while diverging from market expectations for further tightening in…
- Top Mover
Johnson & Johnson Falls Nearly 7% After Talc Charge Wipes Out Q3 Profit Despite Raised Guidance
Johnson & Johnson reported third-quarter 2026 revenue of $25.4 billion, up 5.9% year over year and in line with Wall Street estimates, while adjusted earnings per share of $2.59 beat the…
- Top Mover
Citigroup Q3 Net Income Surges 40% to $5.25 Billion on Decade-High Revenue, Stock Falls 5%
Citigroup posted its best third-quarter revenue in at least a decade on October 13, with net income rising 40% year over year to $5.25 billion, or $2.85 per share, beating the consensus…
- Top Mover
Applied Materials Sinks 7% as Investor Day Omits Near-Term Equipment Spending Outlook
Applied Materials fell roughly 7% on Tuesday, extending its losing streak to six consecutive sessions, after the company held an investor day at SemiCon West that set ambitious long-term…
- Top Mover
Domino's Q3 Profit Beats Estimates but Weak Same-Store Sales Weigh on Stock
Domino's Pizza reported third-quarter 2026 results that topped Wall Street's earnings and revenue expectations, even as sluggish same-store sales growth disappointed investors and pushed…
- Top Mover
Blackstone Stock Slides 3% as AI Data Center Venture Hits Delays and Gray Flags Global Risks
Blackstone shares fell roughly 3% on Tuesday, underperforming the broader market, as a Bloomberg report revealed that its $5 billion AI data center joint venture with Alphabet is facing…
- Top Mover
Caterpillar Drops 5% as Market Reprices Its Data Center Power Premium
Caterpillar shares fell roughly 5% on Tuesday, with the stock touching $760.64 in afternoon trading, extending a 7% decline over the prior month. The selloff is focused squarely on the…
- Top Mover
Wells Fargo Q3 EPS Rises 13% but Revenue and Net Interest Income Miss Estimates, Stock Falls 3%
Wells Fargo reported third-quarter 2026 diluted earnings per share of $1.87, up 13% from a year ago and just ahead of the $1.85 consensus estimate, while net income rose 6% year over year…
- Top Mover
Phillips 66 Wood River Refinery in Roxana Hit by Catalytic Cracker Problems
Phillips 66 is experiencing operational issues at its 355,000-barrel-per-day Wood River Refinery in Roxana, Illinois, according to sources cited by Reuters. The problems center on the…
- Market Flux Event
AT&T Sells Mexican Wireless Unit to Televisa and Fintech Holdings for $2 Billion
AT&T has agreed to sell its Mexican wireless business, AT&T Mexico, to a consortium of Grupo Televisa and Fintech Holdings for $2 billion in cash at closing, with the deal expected to close…
- Market Flux Event
US Treasury Fines Bank of America More Than $1.21 Billion for Money Laundering and Sanctions Violations
The U.S. Treasury Department announced more than $1.21 billion in penalties against Bank of America on Tuesday for violating anti-money laundering laws and sanctions, making it the…
- Market Flux Event
Syndax Plunges 17% on Lung Fibrosis Trial Failure as Health Care Sector Digests Mixed Signals
Syndax Pharmaceuticals fell roughly 17% after its MAXPIRe Phase 2 trial of axatilimab in idiopathic pulmonary fibrosis failed to meet its primary endpoint of slowing lung function decline…
- Market Flux Event
Pope Leo XIV diagnosed with lung adenocarcinoma after surgeons remove lower lobe of right lung
Pope Leo XIV, 71, underwent surgery Tuesday afternoon at Rome's Gemelli Hospital to remove what had initially been described as a small, early-stage nodule on his lung. The 90-minute…
- Market Flux Event
Strategy's Michael Saylor Declares Bitcoin Bear Market Over, Sees Return Above $100,000
Strategy co-founder and Executive Chairman Michael Saylor declared in a Bloomberg Television interview at DC Fintech Week on October 13 that Bitcoin's bear market is finished and that the…
- Market Flux Event
OpenAI Catches Saudi Employee Who Planted Spy Device in Executive Conference Room, FBI Makes Arrest
OpenAI discovered a sophisticated audio recording device secretly planted inside its executive conference room and has referred the matter to the FBI, which moved quickly to make an arrest…
- Market Flux Event
DOJ Arrests Two Americans and Seizes 187 Devices in North Korean Laptop Farm Crackdown Across Texas
The U.S. Department of Justice has arrested two American nationals and dismantled more than 40 laptop farms across Texas in a crackdown on a North Korean scheme to infiltrate U.S. companies…
- Top Story
Saudi Coalition Threatens to Strike Houthi-Controlled Oil Terminal Near Sanaa as Both Sides Issue Evacuation Warnings
The Saudi-led coalition fighting the Houthis has formally warned civilians to evacuate the Yemeni Oil Company site at the Al-Sabaha Central Station in Sanaa, signaling an imminent strike on…
- Market Flux Event
Explosions Rock Saudi Aramco Headquarters in Dhahran as Fire Breaks Out and Building Is Evacuated
Loud explosions were heard Tuesday night near Saudi Aramco's headquarters in Dhahran, in eastern Saudi Arabia, according to six sources who spoke to Reuters. The building caught fire and an…
- Market Flux Event
Iran Strikes Two Oil Tankers in Strait of Hormuz as Energy Prices Hit Wartime Highs
Iran's Islamic Revolutionary Guard Corps struck at least two oil tankers in the eastern Strait of Hormuz on October 13, in what maritime authorities described as separate incidents within…
- Market Flux Event
Long-term Treasury Yields Pull Back as Investors Return but 6% Tipping Point Looms
Long-term U.S. Treasury yields fell sharply on October 13 as investors piled back into the market, reversing a brutal stretch that had pushed the 30-year yield to 5.70%, its highest level…
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- Market Flux Event
Fed's Williams and Collins Back One More Rate Hike in 2026 While Pushing Back on 2027 Tightening
Two Federal Reserve officials on October 13 signaled support for one additional interest-rate increase before year-end while diverging from market expectations for further tightening in…
- Market Flux Event
Qualcomm Wins Jury Verdict Against Arm for Breach of Architectural License Agreement
A jury in Wilmington, Delaware found that Arm Holdings breached its long-standing Architectural License Agreement with Qualcomm and intentionally acted to disrupt Qualcomm's business…
- Market Flux Event
Google Opens Gemini 4 Argon to Developers and Businesses Worldwide After Restricted Debut
Google expanded access to Gemini 4 Argon, its most powerful AI frontier model to date, making it available to developers and businesses globally after an initial restricted rollout. The…
- Top Story
Kremlin Denies Russian Diesel Export Deal Is Tied to Ukraine Peace Talks as Oil Prices Fall 2%
The Kremlin pushed back Tuesday against reports that Russia's new diesel export agreement with the United States was crafted as a diplomatic incentive to restart Ukraine peace negotiations…
- Market Flux Event
Nvidia CEO Jensen Huang Pledges $2 Billion in New European AI Investments Next Week
Nvidia CEO Jensen Huang announced plans to unveil $2 billion in new European AI investments within the coming week, adding to the roughly $8 billion the company has already committed to the…
- Market Flux Event
Johnson & Johnson Slides 7% on Talc Charge as Markets Split on Earnings Tuesday
Johnson & Johnson fell roughly 7% on Tuesday after reporting Q3 2026 results that included a massive one-time charge tied to its proposed talc litigation settlement, even as the company…
- Market Flux Event
FTC and Seven States Seek to Hold Martin Shkreli in Contempt for Violating Lifetime Pharma Ban
The Federal Trade Commission and seven states filed a contempt claim Tuesday against Martin Shkreli, alleging he "flagrantly and repeatedly violated" a 2022 federal court order that banned…
- Top Story
White House Asks Ambassador Kimberly Guilfoyle to Resign Amid Misconduct Allegations
The Trump administration has asked Kimberly Guilfoyle, the U.S. Ambassador to Greece and former fiancée of Donald Trump Jr., to resign from her post, a demand announced during new White…
- Top Story
Fed Governor Waller Says Higher Bond Yields Reflect Growth and Fiscal Risks, Not Inflation Expectations
Federal Reserve Governor Christopher Waller delivered a wide-ranging assessment on October 13, attributing the rise in U.S. bond yields primarily to stronger growth expectations and…
- Market Flux Event
Mixed US Open as Chip Selloff and Bank Earnings Collide While Indian Markets Surge 1.6%
US equity markets opened Tuesday in choppy, directionless fashion as a sharp selloff in semiconductor stocks offset strength in healthcare and financial names. The Nasdaq slid roughly 0.73%…
- Market Flux Event
MI5 Chief Says Russia and Iran Are Escalating Hybrid Campaigns Against Britain at Cold War Surpassing Scale
MI5 Director General Ken McCallum warned Tuesday that Britain has entered a new era of national security, with the agency now devoting more resources to countering hostile state threats…
- Market Flux Event
Paul Tudor Jones warns 2027 will be a really challenging year for stocks, plans to go short
Billionaire hedge fund manager Paul Tudor Jones told CNBC's "Squawk Box" on Tuesday that 2027 is poised to be a deeply difficult year for the stock market, driven by a surge in equity…
- Market Flux Event
IRGC Navy Strikes and Sets Ablaze Oil Tanker East of Strait of Hormuz
Iran's Islamic Revolutionary Guard Corps Navy struck and set fire to an oil tanker in the eastern Strait of Hormuz on October 13, 2026, publishing footage of the attack. Iranian state media…
- Market Flux Event
Interactive Brokers Launches Ethereum Staking Through ZeroHash, Clients Keep at Least 70% of Rewards
Interactive Brokers has introduced cryptocurrency staking for eligible clients, beginning with Ethereum, through a partnership with ZeroHash, the crypto and stablecoin infrastructure firm…
- Market Flux Event
Wells Fargo CEO Sees Unclear US Stablecoin Use Cases But Prepares for Opportunities
Wells Fargo CEO Charles Scharf said the practical use cases for stablecoins in the United States remain unclear, even as the bank works to position itself for potential future opportunities…
- Market Flux Event
US Existing Home Sales Beat Forecasts in September as Inventory Hits Seven-Year High
US existing home sales rose 1.5% in September to an annualized rate of 3.99 million units, beating the consensus estimate of 3.95 million and reversing a 3.2% decline in August. August's…
- Market Flux Event
White House Asks Ambassador Kimberly Guilfoyle to Resign Amid Misconduct Allegations
The Trump administration has asked Kimberly Guilfoyle, the U.S. Ambassador to Greece and former fiancée of Donald Trump Jr., to resign from her post, a demand announced during new White…
- Market Flux Event
BioNTech mRNA Cancer Drug Fails First Primary Endpoint in Head and Neck Trial, Stock Slides
BioNTech's mRNA-based cancer therapy missed the first of two dual primary endpoints in a mid-stage clinical trial targeting head and neck cancer, the company disclosed on October 13. The…
- Market Flux Event
Strive Buys 3,311 Bitcoin for $280 Million in Its Largest Single Acquisition Since January
Vivek Ramaswamy-founded Strive, Inc. (NASDAQ: ASST) purchased 3,311 bitcoin between October 5 and October 9 for approximately $280 million, paying an average of roughly $84,500 per coin…
- Market Flux Event
Workday Launches Headless Agent Platform, Autopilot Agents and Sana AI Across HR, Finance and IT
Workday made a sweeping set of AI announcements on October 13, unveiling its Trusted Agent Platform with headless access to HR and finance systems, a suite of Autopilot agents designed to…
- Market Flux Event
S&P Dow Jones Indices and Kaiko Complete First Onchain OTC Derivatives Swap on Canton Network
S&P Dow Jones Indices and Kaiko have executed the first-ever onchain over-the-counter derivatives swap referencing a fully tokenized index, marking a landmark moment in the convergence of…
- Market Flux Event
Bumble Agrees to $1.3 Billion All-Cash Buyout by Ithaca Holdings at $6.05 Per Share
Bumble Inc. has agreed to be taken private by newly formed Ithaca Holdings in an all-cash deal valuing the dating-app company at $1.3 billion. Shareholders will receive $6.05 per share, a…
- Unusual Volume
UnitedHealth Raises 2026 Profit Outlook After Q3 Adjusted EPS Beats by 57 Cents and Medical Costs Come in Well Below Estimates
UnitedHealth Group delivered a sweeping third-quarter earnings beat on October 13, raising its full-year 2026 adjusted earnings outlook to at least $20.50 per share, up from a prior range…
- Market Flux Event
Apple Launches $299 HomeView Smart Display to Challenge Amazon and Google in the Smart Home Market
Apple on Tuesday unveiled the HomeView, a $299 smart home display that marks the company's most direct bid yet to compete with Amazon Echo and Google Nest devices. The HomeView features a…
- Market Flux Event
Saudi Coalition Threatens to Strike Houthi-Controlled Oil Terminal Near Sanaa as Both Sides Issue Evacuation Warnings
The Saudi-led coalition fighting the Houthis has formally warned civilians to evacuate the Yemeni Oil Company site at the Al-Sabaha Central Station in Sanaa, signaling an imminent strike on…
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- Market Flux Event
US Private Payrolls Averaged 24,750 Jobs Per Week in Four Weeks to September 26
US private employers added an average of 24,750 jobs per week during the four-week period ending September 26, 2026, according to the ADP NER Pulse report released on October 13. The figure…
- Market Flux Event
Bank Earnings and Memory Chip Rout Drive Broad Market Swings on October 13
A flood of major earnings reports and a sharp overnight sell-off in South Korean semiconductor stocks drove wide moves across global markets on Tuesday. Goldman Sachs led the bank gainers…
- Market Flux Event
Saudi Oil Output Surges to Wartime High as OPEC Raises 2027 Demand Forecast
Saudi Arabia told OPEC in the cartel's October 2026 monthly report that its crude production jumped to 8.372 million barrels per day in September, up from 6.238 million bpd in August…
- Market Flux Event
Bitcoin Whipsaws Between $81,000 and $84,000 as Asian Equity Rout and Rising Treasury Yields Weigh on Crypto
Bitcoin traded in a volatile $81,000-to-$84,000 range on Tuesday, October 13, briefly touching above $84,000 before pulling back as a broad Asian stock market selloff deepened global risk…
- Market Flux Event
Fed's Goolsbee Warns AI Boom Is Fueling Broader Inflation Beyond Data Centers
Chicago Fed President Austan Goolsbee said the inflation tied to the AI boom is "jumping out of its lane," spreading price pressures into parts of the economy well beyond data centers and…
- Top Story
UnitedHealth Leads Major Earnings Beat Wave as JPMorgan and Wells Fargo Miss on Revenue
UnitedHealth Group delivered a sweeping third-quarter beat and raised its full-year profit outlook, headlining a busy morning of large-cap earnings. The company reported adjusted earnings…
- Market Flux Event
Trump's Russia Diesel Deal Fails to Cool Prices as Diesel Futures Surge 4.5% and GOP Revolt Grows
President Trump's agreement to suspend sanctions on Russian diesel exports has failed to deliver meaningful fuel price relief, with U.S. diesel futures surging 4.5% to a two-week high on…
- Market Flux Event
UK High Court Rules Chinese Law Governs Fraud Victims' Claims to 61,000 Seized Bitcoin Worth $5 Billion
London's High Court has dealt a major blow to Chinese fraud victims seeking to reclaim 61,000 Bitcoin, worth approximately 3.8 billion pounds ($5 billion), ruling that Chinese law rather…
- Market Flux Event
Metaplanet Plans 52 Billion Yen Zero-Interest Convertible Bond Sale to Refinance Bitcoin Loans and Buy Back Shares
Metaplanet, the Japanese Bitcoin treasury company, announced plans to issue 52 billion yen (approximately 329 million US dollars) in zero-interest Euro-Yen convertible bonds maturing in…
- Market Flux Event
Wells Fargo Q3 EPS Rises 13% Year Over Year But Revenue and Net Interest Income Fall Short of Estimates
Wells Fargo reported third-quarter 2026 earnings that delivered a headline earnings beat alongside revenue and net interest income misses. Diluted EPS came in at $1.87, up 13% year over…
- Market Flux Event
UnitedHealth Leads Major Earnings Beat Wave as JPMorgan and Wells Fargo Miss on Revenue
UnitedHealth Group delivered a sweeping third-quarter beat and raised its full-year profit outlook, headlining a busy morning of large-cap earnings. The company reported adjusted earnings…
- Market Flux Event
AI Chip Stocks Suffer Worst Stretch in 16 Months as Casino Warning, China Threat and Spending Doubts Collide
Global semiconductor stocks endured their worst losing streak in sixteen months on Tuesday after three forces struck simultaneously: Broadcom CEO Hock Tan compared many AI investors to…
- Market Flux Event
BP Net Debt Falls to 2027 Target Early as Trading and Refining Surge Fuels Strategy Reset
BP's Q3 2026 trading update shows the company has already hit its 2027 net debt target, with net debt expected to come in at $13.5 billion to $14.5 billion by the end of the quarter, well…
- Market Flux Event
European Gas Prices Hit Highest Since December 2022 on Iran Transit Bottlenecks and Norwegian Outages
European natural gas prices climbed to their highest level since December 2022 on October 13, driven by a confluence of supply disruptions including Iranian transit bottlenecks and…
- Market Flux Event
Fed Governor Waller Says Higher Bond Yields Reflect Growth and Fiscal Risks, Not Inflation Expectations
Federal Reserve Governor Christopher Waller delivered a wide-ranging assessment on October 13, attributing the rise in U.S. bond yields primarily to stronger growth expectations and…
- Market Flux Event
Silver One ZTEM Survey at Candelaria Finds 7 New Silver Targets and 6 Porphyry Copper-Silver-Gold Systems
Silver One Resources Inc. (TSXV: SVE; OTCQX: SLVRF; FSE: BRK1) announced on October 13, 2026 the results of its helicopter-borne electromagnetic ZTEM survey at the Candelaria Project in…
- Market Flux Event
Drone Strikes Sink One Ship and Hit Another in Bulgaria's Black Sea Economic Zone
Drone attacks struck two commercial vessels in Bulgaria's exclusive economic zone in the early hours of Tuesday, October 13, sinking one ship and injuring two crew members aboard the other…
- Market Flux Event
German and Dutch September CPI Readings Come In Line With Forecasts
Final German inflation data for September confirmed no surprises, with the consumer price index rising 0.6% month-on-month and 3.3% year-on-year, both matching forecasts and holding steady…
- Market Flux Event
Trump Says He Does Not Believe China or Russia Are Helping Iran
President Donald Trump publicly dismissed claims that China and Russia are providing support to Iran, stating he does not believe they are helping "at all." In a statement, Trump said that…
- Top Story
IMF Raises 2026 Global Growth Forecast to 3.1% but Warns Economy Nearing Limits of Resilience
The International Monetary Fund lifted its 2026 global growth forecast by 0.1 percentage point to 3.1% in its October World Economic Outlook, citing AI investment as a partial offset to…
- Market Flux Event
IMF Raises 2026 Global Growth Forecast to 3.1% but Warns Economy Nearing Limits of Resilience
The International Monetary Fund lifted its 2026 global growth forecast by 0.1 percentage point to 3.1% in its October World Economic Outlook, citing AI investment as a partial offset to…