Friday, October 30, 2026: Anthropic's IPO prospectus and $1.2TN August valuation, Treasury's record $839BN auction week, and AWS capex at $77BN are the three stories driving lunch.

Geopolitics: the Oleshky truce is letting Ukrainians flee a Russian-held city, while Qatari officials are in Iran trying to revive the US ceasefire deal. Watch whether the local pause expands or collapses into another false start. Earnings: $RIVN gets a Jefferies "favorable entry point" call after its Q3 correction, $LNG shows growth and resiliency in Q3, and $PLTR heads into its print with strong demand signals but a valuation problem. The issue is expectations, not orders. Corporate: $MRK raised its outlook and flagged pipeline progress, $CNI beat Q3 earnings and revenue estimates, and $OMCL lifted its profit outlook as margins firmed. $O Realty Income earnings are next. Good signal on industrials and drug pipelines, less clear on rate-sensitive REITs. Tech/AI: $AMZN's AWS earnings jumped, but quarterly capex of $77BN has investors weary of AI spend, and Musk and Zuckerberg are echoing Trump's "super intelligence" rebrand on calls. The Anthropic S-1 asks the harder question: did it r

Geopolitics: the Oleshky truce is letting Ukrainians flee a Russian-held city, while Qatari officials are in Iran trying to revive the US ceasefire deal. Watch whether the local pause expands or colla