Welcome to Staten News — where the AI trade had a bad week, then opened Monday with a worse headline.
💰 Finance
The S&P 500 fell 2.68% for its worst week since April 2025, and the Nasdaq lost 3.37%, per Morningstar.
AppLovin (APP) led the board anyway, up 71.22%, after Q3 revenue of $2.18 billion (up 55%) and net income of $1.44 billion (up 72%).
Marvell agreed to buy Lumentum (LITE) for 4.5 Marvell shares apiece, and Lumentum still fell 35.96% to $538.44, roughly 15% under the deal’s implied value.
Energy dropped 12.32% as WTI crude fell 12.07% to $90.52, while gold climbed 4.88% to $4,065.90.
Our calls for the week: Cisco (CSCO) as the gainer into Thursday’s report, CoreWeave (CRWV) as the loser into Tuesday’s, with a $1.45-a-share loss expected.
October CPI lands Tuesday at 8:30 a.m. and PPI follows Friday.
Full story: AppLovin Ran 71% in the Worst Week Since April 2025
🏈 Sports
Giants 19, Eagles 11 in Philadelphia. New York is 5-2-1, Philly is 2-7, and Arvell Reese had three sacks.
Chiefs 35, Jets 12. The Jets didn’t score after halftime and fell to 2-7.
C.J. Stroud threw for 384 yards and five touchdowns as Houston beat the 0-8 Chargers 44-22.
Jordan Love threw for 372 yards in Green Bay’s 45-27 win at New England.
Chicago beat Tampa Bay 27-24 on a walk-off field goal despite four Caleb Williams interceptions, and the 49ers moved to 7-1.
Tonight: Bills (6-1) at Vikings (6-1), Buffalo favored by 3.
Thursday: Commanders at Giants, with New York giving 1.5.
Full story: The Giants Went to Philly and Held the Eagles to 11
💻 Tech
Nvidia’s board opened an independent investigation after reporting that CEO Jensen Huang was the target of a foreign intelligence effort.
Huang emailed staff Sunday, admitted infidelity, apologized, and said he’ll cooperate fully.
The board says it has no reason to believe national security or company secrets were compromised.
Nvidia was down more than 5% premarket Monday, per CNBC, with Intel, Micron and Qualcomm lower and AMD and Broadcom higher.
CrowdStrike agreed to buy AI security firms Fiddler AI and Dreadnode, terms undisclosed, to test AI agents before launch and watch them after.
Both CrowdStrike deals are expected to close in its fiscal fourth quarter of 2027.
Full story: Nvidia’s Board Is Investigating Its Own CEO
🃏 TCG
The Delta Reign Pokémon Center Elite Trainer Box fell 33.8% to $198.20 from $299.38 since Friday, TCGplayer market via TCGCSV.
The rest of Delta Reign sealed followed: 3 Pack Blister down 29.7%, Elite Trainer Box down 11.9% to $90.94, Booster Box down 6.3% to $208.90.
The 30th Celebration Ditto Premium Collection dropped 32.0% to $88.24.
The best performer we track was the Delta Reign Build & Battle Box, up just 1.0% to $46.22.
Mega Rayquaza ex Mega Hyper Rare (#141) sits at $273.82, below the more common Special Illustration Rare (#138) at $312.70. We picked #141 as this week’s gainer.
Predicted loser: the Delta Reign Elite Trainer Box, with its cheapest listing already at $64.99.
Next up: Build & Battle on November 20, then the 30th Celebration Binder Collection and ex Tins on December 4.
Full story: Delta Reign’s Pokémon Center Box Lost a Third of Its Price Over Release Weekend
Stay sharp. Signal over noise. — The Bandicoots 🔥