In partnership with
Here’s what’s happening in the stock market today:
The stock market is pulling back today as surging oil prices and climbing Treasury yields reignite inflation concerns. 📉⏳ Futures for the Dow, S&P 500, and Nasdaq are all down, with the Dow off about 0.9%, after stocks slipped from record highs on Wednesday. Brent crude has jumped above $102 a barrel, and the 10-year yield is holding near 5.34%, close to its highest level since 2002. 🛢️💰
Major Indices Performance 📊
S&P 500 futures are down about 0.5%.
Dow Jones futures are lower by roughly 0.9%.
Nasdaq-100 futures are down about 0.7%.
Market Movers 🚀
Moderna (MRNA) is up nearly 5% after a Morgan Stanley price-target lift.
Applied Digital (APLD) is up about 1% on strong Q1 revenue growth.
Strategy (MSTR) is down more than 6.8% on bitcoin weakness.
Key Events Driving the Market 🗞️
Oil surge: Brent crude rose 2% to above $102 a barrel. 🌍🛢️
Treasury yields near multi-decade highs: The 10-year yield is at 5.31–5.34%. 📉🏦
Hawkish Fed minutes: All 19 officials backed last month’s quarter-point rate hike. 🏛️
TSMC earnings beat: Quarterly revenue rose 51%, signaling strong AI infrastructure demand. 📊
Investor Sentiment 👀
Overall, investor mood is risk-off, with traders concerned about rising oil, elevated yields, and inflation risks overshadowing the AI-driven rally. 🐂⚖️
7 Stocks Built to Hold Forever. See the Full List.
Chasing the next hot stock can be exhausting, and it rarely builds wealth the way investors expect. The strongest long-term portfolios are often anchored by durable, blue-chip businesses designed to withstand recessions, inflation and shifting market leadership.
MarketBeat’s free 7 Stocks to Buy and Hold Forever report identifies companies across technology, retail, consumer staples, healthcare, networking, sporting goods and utilities. Each offers its own mix of stability, income, growth and staying power.
These are not speculative names built around the latest headline. They are established businesses selected for investors who would rather own quality companies for years than constantly chase the market.
Get your complimentary copy and see all seven names today.
TRADE OF THE DAY
DDOG
Name: Datadog Inc.
Symbol: DDOG
Current Price: ~$278.57
Trade
Sell to Open: 1 DDOG Oct 30, 2026 240/235 Put Vertical (Bull Put)
Total Credit Received: $58.00
Credit per Contract: $58.00 (for one contract covering 100 shares)
Direction: Bullish (expects DDOG to stay above the break-even level)
Probability of Profit (PoP): 85.57% (as provided)
Potential ROI:
Max Risk (Loss): $442.00
ROI: ($58 ÷ $442) × 100 ≈ 13.1%
Trade Explained in Simple English:
You’re selling the $240 put and buying the $235 put, with both options expiring October 30, 2026. You receive $58.00 upfront, and the trade profits if DDOG closes above about $239.42 at expiration. Your maximum profit is $58.00, while your maximum loss is capped at $442.00 if DDOG falls below $235.00.
Wall Street Highlights:
News Beyond the Numbers
Wolfspeed shares surged more than 15% after the chipmaker secured a conditional $1.5 billion loan from the Defense Department, a 30-year financing commitment that includes Pentagon warrants for up to 7.5% of the company. Read more.
Broadcom is working to arrange more than $50 billion in financing tied to the custom AI chips it is developing with OpenAI, according to a Wall Street Journal report. Read more.
PepsiCo beat third-quarter expectations on both profit and revenue, with net sales up 5.6% on international strength, though the company cut its full-year earnings forecast as U.S. home-market struggles weighed on profits. Read more.
Levi Strauss reported third-quarter revenue of $1.61 billion, slightly missing estimates as direct-to-consumer sales weakened in the U.S. and Europe, though adjusted earnings beat expectations helped by tariff refunds. Read more.
TSMC reported third-quarter revenue of $16.03 billion, up 54.6% year over year and above expectations, driven by surging AI chip demand, though the results failed to impress investors. Read more.
Disclaimer: The content provided by OptionPicks is for informational and educational purposes only and should not be construed as investment, financial, legal, or tax advice. We are not registered as a broker-dealer, investment adviser, or financial advisor with the SEC, FINRA, or any other regulatory authority. Options trading involves substantial risk and is not suitable for every investor. Past performance is not indicative of future results, and no representation is being made that any subscriber will or is likely to achieve profits or incur losses similar to those mentioned. You should consult with a licensed financial professional before making any investment decisions.
