The Top Ten Things That Happened Today In The Stock Market - G.L.A INVE$T RE$EARCH - THE INFINITE INNOVATION FAMILY OF NEWSLETTERS

G.L.A INVE$T RE$EARCH: The Top 10 Things That Happened Today in the Stock Market.

Independent, Experienced Insights of a 25 year Wall Street Veteran, X Stock Broker.

The Top Ten Things That Happened Today |n The Stock Market - Monday, October 12, 2026 | After the close

GOAT Quote of the Day

"Charlie and I decided long ago that in an investment lifetime it's just too hard to make hundreds of smart decisions."
Warren Buffett (Berkshire Hathaway 1993 Chairman's Letter)

Why it matters today: Microsoft's chip news, a memory selloff and a Cerebras lockup all pulled at AI stocks today, and we would rather make a few great long-term decisions than react to every headline.

1. Mixed start to a big week: Dow up, Nasdaq down, bond market closed
The S&P 500 slipped 0.06% to 7,807.24, the Nasdaq Composite fell 0.44% to 27,245.90, the Dow rose 0.38% (196 points) to 51,850.55, and the Russell 2000 fell 0.45% to 2,794.48. The bond market was closed for Columbus Day, so the 10-year yield stayed near last week's 5.24%. Chip stocks fell after Microsoft expanded its in-house AI chip plans and China's CXMT reported progress on denser memory, while financials gained ahead of this week's bank earnings.
OUR VIEW (long term): high 10-year rates are a product of the war and high oil prices not a reason to sell. Earnings season starts tomorrow, and earnings are what move stocks over five years.

2. Cerebras falls 10.7% to a new post-IPO low ahead of Wednesday's lockup
CBRS fell 10.69% to $146.62, a new closing and intraday low ($145.75) since its May IPO and well below the $185 IPO price, as about 19.4 million shares become eligible for sale around Wednesday, Oct. 14. The chip selloff and an earlier report that one of OpenAI's fastest inference tiers runs on Nvidia GPUs added pressure.
OUR VIEW (long term): ARK's Big Ideas 2026 says inference costs dropped more than 99% in a year by some measures, which drives demand. That is ARK's view. Ours is that inference demand is still massive, and lockup weakness is where we DCA.

3. Microsoft makes its biggest bet yet on its own AI chips, and Nvidia slips
Satya Nadella said on X that starting next year Microsoft will scale its Maia chips "to multi-gigawatt deployments, making it the primary inference system for our own product and services." NVDA closed at $226.32 (-1.29%). The Financial Times reported Saturday that Nvidia is in early talks to acquire or deepen its investment in Reflection AI, last valued at $25 billion; no deal is confirmed.
OUR VIEW (long term): big customers building their own chips shows how large AI demand is, not the end of it. We hold NVDA through days like this.

4. Strategy adds 250 bitcoin and buys back $192 million of STRC
Strategy bought 250 BTC for $21.5 million (about $86,194 each) during Oct. 5 to 11, bringing holdings to 848,250 BTC at an average cost of $75,444, and repurchased 1,932,145 STRC shares for $192.4 million. MSTR closed at $152.68 (-1.08%), STRC at $99.88 (+0.23%), ARKB at $27.43 (+0.55%), and bitcoin traded near $82,200 Monday evening.
OUR VIEW (2030): $1 million per bitcoin by 2030, with MSTR as our vehicle and STRC as our preferred-stock dividend slot. STRC is not cash or an insured deposit; its price and dividends can fall. Once the clarity act is passed and regulation is set, I think Bitcoin goes on a massive run.

5. SpaceXAI becomes "SpaceX Super Intelligence"
Elon Musk renamed SpaceXAI, the combined SpaceX and xAI company, to SpaceX Super Intelligence (SpaceXSI), after President Trump ordered federal agencies to say "super intelligence" instead of "artificial intelligence." SPCX closed at $163.42 (+0.52%). A single-outlet report that SpaceX is seeking $40 billion for Nvidia chips is unverified.
OUR VIEW (long term): the name matters less than the compute, Rockets, Starlink and an AI lab under one roof is why SPCX is a 5-year holding.

6. Tesla opens its first Pilot Megacharger site, and regulators look at robotaxi speeds
Tesla and Pilot opened their first Megacharger site for electric trucks in Ellabell, Georgia, with California, Texas and Nevada next. Electrek reported NHTSA is weighing a petition alleging Tesla robotaxis speed in school zones, and Europe's rename of FSD to "Tesla Assisted Driving" is live as the EU approval vote moves to December. TSLA closed at $378.03 (-1.22%).
OUR VIEW (2030): a path to $4,000 per share by 2030 through FSD, Cybercab and robotaxi. Regulatory scrutiny is part of that road, and Q3 earnings on Oct. 21 are the next check.

7. Amazon reportedly in talks to buy AI startup Decart for about $7 billion
The Wall Street Journal reported Amazon is in talks to acquire Decart, whose software helps developers move AI work between chips; neither company has confirmed a deal. AMZN closed at $259.53 (-1.11%).
OUR VIEW (long term): software that makes it easier to run AI on Amazon's Trainium chips strengthens AWS, the long-term Amazon story.

8. Robinhood rolls out AI agents, earnings contracts and weekend trading plans
At its HOOD Summit, Robinhood unveiled more than 15 products, including Robinhood Agents that can trade inside a dedicated account, earnings contracts in its prediction markets hub, and planned 24/7 weekend stock trading pending regulatory review. HOOD closed at $109.22 (+0.18%).
OUR VIEW (long term): Robinhood keeps shipping faster than its peers. We hold HOOD for the platform, not the quarter.

9. OpenAI and Anthropic face new safety questions
Three fired OpenAI safety researchers published an open letter titled "OpenAI cannot make AI safe on its own"; OpenAI told AP they were fired for violating "clear policies on handling sensitive information." Anthropic, which disclosed Friday that its agents submitted a false tip to a police website, said it is bringing in independent evaluators.
OUR VIEW (long term): both remain Mag 7-caliber private companies. How they handle safety will matter for trust and any future listing.

10. Alphabet launches a Gemini agent for business, and Palantir holds its record
Alphabet introduced a Gemini enterprise agent that completes tasks across Google Workspace and outside tools; GOOG closed at $348.97 (+0.32%). PLTR held near Friday's record at $209.00 (-0.02%), and ARKVX was priced at $61.56 (-0.93%).
OUR VIEW (long term): AI agents doing real work is where the next wave of software value comes from, and GOOG and PLTR are both positioned for it.

This week: JPMorgan Chase, Goldman Sachs, Wells Fargo and Citigroup report Tuesday. September CPI and the Cerebras lockup come Wednesday, Oct. 14, with ASML the same day and TSMC Thursday. Tesla reports Oct. 21. Our approach is to stay patient and use dollar-cost averaging. Remember: volatility is vitality.

G.L.A INVE$T RE$EARCH, copyright 2026. Private research company. Not an investment advisor or brokerage.