How it’s computed: half price, half fear. Price: the three indices’ average move (+0.31%), 25 points per 1% from 50. Fear: the VIX (25.6) as 50 − 4 × (VIX − 20). Averaged, capped 0–100.
The Call
Magnificent Seven diverge as AI trade shifts and rotation begins.
Encore Capital Group: Encore reported record collections and higher third-quarter earnings, and raised its full-year collections outlook. Yahoo Finance
ADMA $13.21
▲ +26.05%
ADMA Biologics: ADMA reported better-than-expected third-quarter results, with the CEO citing strong demand for ASCENIV. Benzinga on MSN
XERS $13.08
▲ +25.05%
Xeris Biopharma Holdings: Xeris CEO said Recorlev could near $1 billion in annual sales years earlier than expected. Yahoo Finance
Decliners
FSLY $15.38
▼ -26.88%
Fastly: Fastly's third-quarter results failed to impress investors, sending shares sharply lower. StockStory.org on MSN
AXTI $36.72
▼ -22.76%
AXT: Should You Buy, Sell or Hold AXTI Stock After Its Strong Q3 Results? Yahoo Finance
SNDK $806.43
▼ -22.26%
Sandisk: Sandisk fell alongside Nvidia and Broadcom as the AI selloff deepened despite strong earnings. TheStreet on MSN
Stocks over $2B in market value. Source: Yahoo Finance, previous session.
Power Players
Huang · Nvidia
Nvidia's Huang asked to brief Congress on reported spy ties
House committee leaders asked the Nvidia CEO to brief them on a reported relationship with an executive tied to a Chinese espionage probe.
The Stock Market suffered one of the Worst Days in History based on the results of the Election. Such a sad thing to watch! It took so much work to get us to a level that no one has ever seen before, and then this. Your 401(k)s have, therefore, dropped. Remember, it wasn’t Republicans, it was Dumocrats. Do not fear, however, we will soon, one way or the other, be BIGGER AND STRONGER THAN EVER BEFORE. MAKE AMERICA GREAT AGAIN! President DONALD J. TRUMP
Trade
Democrats plan push to reverse Trump's Canada tariffs
Democrats are discussing legislation to roll back the tariffs on Canada, drawing some Republican support in states such as Michigan, Maine and Alaska.
House Democrats drafting broader crypto market structure bill
Paradigm's Justin Slaughter called the CLARITY Act dead and said a Democratic draft could tighten DeFi rules and shift oversight from the CFTC to the SEC.
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Market data from the sources noted under Your Tickers; stories from the publishers linked above. Market data may be delayed. Not investment advice. For information only.
