unusual_whales

BREAKING: OpenAI is warning its employees to watch out for spies, especially romantic ones, per WSJ The company has cautioned staff that someone trying to seduce them may likely be a “honeypot." Even strangers approaching them in everyday places could be gathering info.

BREAKING: Donors for Trump's White House ballroom have benefited from regulatory decisions, government contracts and, in one case, a pardon for a family member, per WaPo

A failure by the United States and Iran to agree within weeks on a UN-backed plan for moving fertilizer through the Strait of Hormuz could cause a food security crisis in parts of Asia and Africa, per Reuters

CoreWeave, $CRWV, has had a brutal month. Down 15% over the past month. Late September: raised $3 billion through convertible notes, fueling dilution fears Oct. 8: fell nearly 8% to $81.58 on concerns over a loan clause tying some of its debt to customer contracts Oct. 14: plunged 15.5% as the AI sell-off went global This week: its bonds sold off sharply on debt worries,

JUST IN: China appears to be steadily shifting its U.S. bond holdings to Canada and other countries, per Bloomberg: https://t.co/FJjRJDlVLX

"AI agent deleted entire upcoming season of Swedish reality competition show called “The Challenge Sverige,” just weeks before the premiere," per FUTURISM

BREAKING: The Russell 2000 is now down more than 10% from its recent high, officially entering correction territory. Small caps have been under pressure for weeks, posting five straight weekly losses for the first time since 2022.

JUST IN: The live flow show is on Unusual Whales. Join and ask any question you want. Join here: https://t.co/RtpEwPP6Hq

Billionaire Vinod Khosla, the first VC investor in OpenAI, is backing cell preservation startup Reservoir. Reservoir cryopreserves your healthy immune cells from a 15 minute blood draw at a partner clinic or at home, so you can own your biological starting point.

The average Canadian expects to buy their first home at the age of 41, per FP

CoreWeave, $CRWV, bonds are bouncing back after a sharp sell-off over concerns about the company’s debt, per Bloomberg. The October 2031 bonds jumped 3.3 cents to 82.8 cents on the dollar, and the June 2030 bonds surged 5.7 cents to 91.3 cents.

BREAKING: Trump cancels livestream of US military execution for Fort Hood killer, per Reuters

UBS now expects the Fed to raise rates two more times after September’s hotter-than-expected inflation report. Its new forecast: three hikes in total, in September (already done), December 2026 and March 2027, followed by a pause until late 2027.

BREAKING: The U.S. has told International Energy Agency members it’s unhappy with the emergency oil release so far. It’s suggesting they add another 100 million barrels. The 32-country release began in March, with the U.S. alone drawing 172 million barrels from its Strategic Petroleum Reserve, now at its lowest since 1982.

JUST IN: The global smartphone market has had its worst quarter ever, per Bloomberg

Elon Musk has said: Maybe we should start a competitor to Amazon.

Tesla is preparing to unveil its long-awaited next-generation Roadster today at a SpaceX testing facility in Texas, per Reuters

BREAKING: September PPI came in at 6.3%, above estimation of +5.3%

A semiconductor morning. https://t.co/XT2KjZr0zS

Trump: The Iran war will end very soon. It’s going to end very soon. As soon as I want it to end, it’ll end.

Gen Z says you need to earn $587,797 a year to be considered successful. Boomers put that number at just $99,874, per Empower.

US boomers support tax hikes on young workers to keep current Social Security checks, per YF

US households now hold over $60 trillion in stocks and mutual funds, per WSJ That's more than 3x what they held a decade ago. https://t.co/g79812WIis

The average car on the road in America is now nearly 13 years old, an all-time high, per Charlie Bilello. 30 years ago, it was 8.4 years, meaning today's cars are more than 50% older.

Up to 11 million Americans may need entirely new careers by 2035. That's about 6.5% of the labor force, forced to switch occupations because of AI and automation, per a new McKinsey report. Automation could wipe out demand for 36 million jobs.

The price of fun is rising. Bank of America says "funflation" is back: hobby spending rose 7.9% from a year earlier. But the number of purchases grew just 3.4%. That means people are paying more for the same hobbies, from arts and crafts to hiking, skiing and scuba gear.

BREAKING: A Tesla–SpaceX merger could be announced before Tesla’s annual meeting in early December, per Barclays. The most likely structure: SpaceX acquires Tesla in an all-stock deal, with Tesla shareholders getting about 0.7 SpaceX shares per Tesla share, plus a likely premium. Barclays says Musk would own about 37% of the combined company, with roughly 56% of the voting power.

Steve Bannon says that if Republicans lose the House in November, Health Secretary RFK Jr. and Defense Secretary Pete Hegseth will likely be impeached.

Brazil’s Senate voted 75–1 to shorten the workweek without cutting pay, per Bloomberg. The bill would cut the standard workweek to 40 hours, from 44.

Elon Musk has said: Unless there is a major world war, SpaceX probably gets to >$100T in <10 years