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Wall Street Brunch: Midterms, Jobs And Apple (null:US10Y)

All Articles on Seeking Alpha·9 days ago
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Wall Street Breakfast 5.74M Followers

Summary

Midterm elections are in focus, with prediction markets sharply favoring a Democratic sweep, potentially impacting fiscal policy and key sectors.

October jobs report is expected to show stable labor market conditions, with nonfarm payrolls up 65K and unemployment at 4.2%.

Binance resumes withdrawals after covering 90% of assets lost in a cyberattack; Meta (META) unveils a prototype humanoid robot developed with Fourier.

Apple (AAPL) faces diverging analyst views: one sees upside from a $1,999 foldable iPhone Duo and strong guidance, another cites overvaluation at 36x 2027 earnings.

Thibault Renard/iStock via Getty Images

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Voters head to the polls with odds favoring a Dem sweep. (0:17) Nonfarm payrolls seen up 65K for October. (1:26) Apple, AMD and Palantir earnings test battered tech stocks.…

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