"Top 10 Things That Happened Today In The Stock Market"- The Infinite Innovation Newsletter- G.L.A INVE$T RE$EARCH

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

Independent, experienced insights, to keep retail investors in the know with what’s really going on with the stock market and its best investments.

Top Ten Things That Happened Today Tuesday, October 13, 2026 | After the close

Goat Quote of the Day

"The person that turns over the most rocks wins the game. And that's always been my philosophy." -Peter Lynch

1. Indexes edge lower as bank earnings and chips cancel each other out
The S&P 500 closed at 7,805.45 (-0.02%), the Nasdaq Composite at 27,204.38 (-0.15%), the Dow at 51,670.10 (-0.35%, down 180 points), and the Russell 2000 at 2,783.37 (-0.40%). Cash Treasuries reopened after Monday's holiday, and the 10-year yield closed near 5.22%. Mixed bank results and more memory-chip pressure (Micron fell 3.62%) left indexes little changed near last week's highs, with September CPI due Wednesday at 8:30 AM ET.
OUR VIEW (long term): high 10-year rates pressure innovation and long-duration names. That is par for the course, not a reason to sell. Volatility is vitality.

2. Big banks kick off Q3: JPMorgan misses, Goldman far above estimates, CEOs talk AI financing
JPMorgan reported diluted EPS of $5.57 on about $50.9 billion of managed revenue, below consensus near $5.90 and $51.2 billion; excluding $658 million of net securities losses, EPS was $5.75. Goldman Sachs reported EPS of $17.01 and net revenue of $18.68 billion, well above estimates near $13.02 and $16.71 billion, led by equities trading. Citigroup earned $2.85 per share on $23.85 billion (beats), and Wells Fargo $1.87 per share on $21.87 billion (EPS beat, revenue miss). David Solomon said AI infrastructure financing demand is huge but bumps are coming; Jamie Dimon said another percentage point higher in rates would be more painful. GS closed at $891.91 (-0.23%), JPM $331.43 (-0.86%), WFC $80.74 (-3.10%), and C $124.53 (-5.60%).
OUR VIEW (short term): bank results move the market for a day. We care more about what they say about AI capital demand and rates into Wednesday's CPI and the Oct. 28 FOMC.

3. SpaceX falls 4.2% on Starbase review and AI safety scrutiny
SPCX closed at $156.54 (-4.21%). The FAA said it will prepare an environmental impact statement on SpaceX's plan to raise Starbase Starship activity toward as many as 456 launches and 912 landings a year, versus a current authorization of 25 launches and 50 landings. SpaceX also agreed to testify Friday before a New York City Council AI safety probe after missing an earlier hearing.
OUR VIEW (long term): regulation is part of owning rockets, Starlink and an AI lab under one roof. We treat SPCX as a 5-year holding, and we DCA on weakness.

4. Nvidia and AMD rebound as the overnight chip scare fades
After Korea's KOSPI plunge, Broadcom CEO Hock Tan's capital-bottleneck comments, and reports that Nvidia's China data-center share fell to 34% in the first half of 2026, NVDA closed at $228.52 (+0.97%) and AMD at $605.53 (+1.90%). Memory stayed soft. ARK Invest's Big Ideas 2026 treats AI compute as a core platform; that is ARK's third-party framework, and our sizing is our own.
OUR VIEW (long term): one day of AI funding fear is the voting machine. We hold NVDA through days like this.

5. Cerebras bounces 1.7% as ARK buys again ahead of Wednesday's lockup lockup tranche
CBRS closed at $149.09 (+1.68%) after Monday's 10.7% drop to a post-IPO low. Per the prospectus, up to about 19.4 million shares become eligible for sale around 6:00 AM ET Wednesday, Oct. 14, with another similar tranche later in October. Eligible does not mean sold. The stock is still well below the $185 IPO price.
OUR VIEW (long term): we have covered Cerebras since about $21 in the private market, inference demand looks infinite, and lockup weakness is where we DCA, never with margin.

6. Tesla shows Cybercab in Paris; stock slips ahead of Oct. 21 earnings
Tesla's production Cybercab made its European public debut at the Paris Motor Show (through Oct. 18); visitors can view the two-seat, steering-wheel-free robotaxi but not ride it. TSLA closed at $375.23 (-0.74%). Q3 results are Wednesday, Oct. 21 after the close.
OUR VIEW (2030): a path to $4,000 per share by 2030 through FSD, Cybercab and robotaxi. The earnings print and robotaxi execution are the checks.

7. Bitcoin firms near $83,350; MSTR, ARKB and STRC hold steady
Bitcoin closed around $83,349 after an early dip toward $81,000. MSTR closed at $152.18 (-0.33%), ARKB at $27.59 (+0.58%), and STRC at $99.90 (+0.02%), near par. Strategy's latest buy of 250 BTC left holdings at 848,250 BTC.
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.

8. CoreWeave slides 3% as an officer files a Form 144
CRWV closed at $77.81 (-3.05%). A Form 144 filed with the SEC on Oct. 13 shows officer Nitin Agrawal proposing to sell 22,579 shares worth about $1.85 million from RSU vesting. The stock also fell with other AI-infrastructure names.
OUR VIEW (short term): Form 144s are notices, not mandatory sales, but supply headlines hit AI names harder when the market is already nervous.

9. Robinhood rises after its September 29 product launches
HOOD closed at $110.52 (+1.19%) as investors digested the September 29 HOOD Summit: Robinhood Agents, earnings contracts in prediction markets, and planned 24/7 weekend stock trading pending regulatory review. Q3 results are Tuesday, Oct. 27 after the close.
OUR VIEW (long term): Robinhood keeps shipping products faster than its peers. We hold HOOD for the platform, not the quarter.

10. Palantir holds near its record; Alphabet edges up; Amazon Decart talks linger
PLTR closed at $208.67 (-0.16%), still near Friday's record area. GOOG closed at $349.52 (+0.16%). AMZN closed at $258.58 (-0.37%), with reported talks to buy AI chip-software startup Decart (around $5.5 billion to $7 billion) still unconfirmed by either company. ARKVX's Oct. 13 price was not yet posted; Monday's was $61.56.
OUR VIEW (long term): AI software and agents doing real work is the next wave of value, and PLTR and GOOG remain positioned for it.

This week: September CPI and the Cerebras lockup tranche land Wednesday, Oct. 14, with Bank of America, Morgan Stanley and BlackRock reporting. PPI, retail sales and claims come 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.