MarketCatalyst

Daily recaps, research and guides to how the market actually works.

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Recap

Dow Surges Over 1% as Yields Slip, While Nasdaq Slides; Gold and Bitcoin Rally

U.S. equities closed mixed on Oct 15, 2026, with the Dow up 1.13% and the Nasdaq down 0.15%. Lower Treasury yields, a firmer gold price and a bounce in Bitcoin helped lift risk assets even as tech lag

DDesk15 Oct 2026 · 16:15 ET9 min read
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Recap

PNC Beats on Profit, Lifts Its 2026 Outlook and Raises the Dividend 18% as Loans Surge, but Revenue Slips Below Estimates

Adjusted earnings of $5.09 a share topped the $4.91 estimate and tangible returns reached 18.3%, while revenue of $6.56 billion fell about $50 million short. PNC now expects total revenue to rise about 13.7% in 2026.

DDesk15 Oct 2026 · 12:28 ET6 min read
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News

Google Launches Universal Cart in the U.S., Putting One Shopping Cart Across Search and Gemini Just Ahead of the Holidays

The cart saves products from multiple retailers, alerts shoppers to price drops and restocks, suggests promo codes and the best card to pay with, and checks out through Google's open Universal Commerce Protocol.

DDesk15 Oct 2026 · 10:39 ET4 min read
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News

Cerebras CEO Says OpenAI Wanted a Much Bigger Deployment, but the Company Lacked the Data Centers, as the Stock Sinks Near Record Lows

Andrew Feldman said OpenAI sought a major expansion after Cerebras' 750-token-per-second service worked so well, and said missing data-center capacity, not chip performance, was the problem as OpenAI reportedly turned to Nvidia GPUs. CBRS is down about 26% from its $185 IPO price.

DDesk15 Oct 2026 · 10:28 ET5 min read
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Recap

Schwab Posts Record Revenue and a Record $190 Billion in New Assets, but the Stock Slips as Revenue Lands a Hair Below Estimates

Adjusted earnings rose 29% to $1.69 a share, beating estimates, and clients brought in $190.4 billion of core net new assets. Revenue of $7.17 billion landed just under forecasts, and shares fell in premarket trading.

DDesk15 Oct 2026 · 10:09 ET5 min read
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Recap

TSMC Posts a Sixth Straight Record Profit and Lifts Its Outlook, but Says Any Texas Fab Making Its Chips Must Be Run by TSMC

Net profit jumped 69% to NT$763 billion and TSMC lifted 2026 growth to about 44%, while CEO C.C. Wei said the Terafab project in Texas has to be run by TSMC, setting up a clash with Elon Musk's plans.

DDesk15 Oct 2026 · 09:17 ET5 min read
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