Wall Street opened the day with an unwelcome price surprise, and the mood soured from there. Bond traders got whipsawed while some of the market’s favorite growth stories took a beating.

A central banker’s next remarks could set the tone for the rest of the month, so read on to see who rode the chaos and who got run over.

On May 3, 2025, at his last meeting as Berkshire CEO, Warren Buffett told shareholders: "The dollar is going to hell."

What did Buffett actually say?

Ray Dalio calls it a "debt death spiral."

See the hedge Tan Gera uses.

The US now carries $40 trillion in debt.

Tan Gera, CFA©, shows a system built around an asset class that could thrive if the dollar falls. Over 4,500 members already use it.

Watch the free training.

*This content is for educational purposes only. The opinions expressed are from DM Intelligence LLC, doing business as Decentralized Masters, who are not licensed financial advisors or registered investment advisors. The reader acknowledges that DM Intelligence LLC is not responsible for any losses, direct or indirect, resulting from the use of this information, including errors, omissions, or inaccuracies.

Results are not typical and will vary. Success with digital currencies requires time, effort, and involves substantial risk including total loss of investment. Past performance does not indicate future results. All investments are at your own risk.

Please click here if you would like to unsubscribe.

September inflation landed at 3.7%, a notch hotter than the 3.6% economists expected, and core prices refused to behave either.

Treasury yields jumped on the news, then reversed as a tech selloff sent investors hunting for shelter, leaving the 10-year near 5.2% after briefly topping 5.32%.

Chips took the worst of it, with the semiconductor index down about 4%, and heavily indebted AI names got hit hardest because rising rates are not their friend.

Australia’s biggest IPO in decades flopped, rattling the AI trade. High energy prices keep squeezing households ahead of next month’s midterms, which won’t help the mood.

Next up is Fed Chair Kevin Warsh in Bangkok, his last scheduled word before the Oct. 27-28 meeting, with rate-hike odds hovering between 40% and 50%.

Block’s Square introduced a $1,999 self-service kiosk with AI voice ordering, allowing customers to ask menu questions, customize meals, and pay through one device, with additional subscription and monthly software fees required.

Fiserv surpassed five million Clover devices shipped worldwide, up from four million in 2025, as merchants adopt integrated payment processing and business-management tools that combine hardware, software, and customer engagement within a single platform.

Skydance shares fell more than 25% as trading adjusted for a warrant distribution, with eligible shareholders receiving rights to purchase additional shares at $12, explaining the sharp price adjustment following its Warner Bros. Discovery merger.

Netflix is cutting roughly 1,000 jobs, representing about 6% of its workforce, with most reductions affecting product, technology, legal and human resources, while management says the company remains on track to meet its annual forecast.

Arrowhead reported a 73% average reduction in cerebrospinal-fluid tau at the highest tested dose, with early results from healthy volunteers supporting further Alzheimer’s research, although benefits for cognition and disease progression remain unproven.

Viking Therapeutics launched two Phase 3 trials of its experimental oral obesity treatment VK2735, planning to enroll approximately 1,120 adults across both studies and measure weight changes after 68 weeks in participants with and without diabetes.

This report focuses on a narrow group of stocks identified through a detailed screening process.

Analysts apply a combination of metrics to narrow down potential opportunities.

Past selections have shown strong momentum, but no outcomes are guaranteed.

The newest edition is now open for access.

Get the report now.

*This free resource is being sent by Zacks. We identify investment resources you may choose to use in making your own decisions. Use of this resource is subject to the Zacks Terms of Service.

*Past performance is no guarantee of future results. Investing involves risk. This material does not constitute investment, legal, accounting, or tax advice. Zacks Investment Research is not a licensed dealer, broker, or investment adviser.

Morgan Stanley said strategic buyers have resumed deal discussions in recent weeks, as banks report resilient acquisition pipelines despite higher borrowing costs and market volatility threatening to delay transactions.

Bank of America reassigned 1,000 employees to address compliance failures and improve efficiency, saying it has completed substantial work under its regulatory consent order, which imposes no asset-growth cap.

AeroVironment partnered with Elsight to strengthen communications for its Mayhem 10 unmanned system, integrating technology that combines satellite, cellular and radio connections to reduce reliance on individual networks and ease operator workload.

Alaska Communications agreed to resell Starlink internet services to business customers, adding satellite coverage and backup connectivity with professional installation, local technical support and consolidated billing alongside its existing communications services.

Bending Spoons [BSP] $53.46 (+41.20%)

Bending Spoons, the Milan software shop and owner of AOL, landed a famous new cheerleader. Berkshire Hathaway agreed to buy another $330 million of stock at $33 a share, well below Tuesday’s close, lifting its stake to about 4%.

Shares leapt anyway, proof that Berkshire’s endorsement still carries serious weight on a day when most tech was bleeding.

Antelope Enterprise Holdings [AEHL] $11.49 (+34.39%)

Antelope Enterprise Holdings was halted late Tuesday pending news, then rocketed in extended trading before cooling off today.

The company has been pitching a staged digital asset reserve plan and recently lined up a $100 million at-the-market share sale. Shares remain down roughly 98% from a year ago, so this pop starts from a low base.

Liquidia [LQDA] $33.94 (+26.59%)

Liquidia buried the hatchet with United Therapeutics, agreeing to pay about $381 million in installments through 2027 to end six lawsuits over its inhaled PAH drug Yutrepia.

It will stop promoting the drug for a related lung disease but keeps selling it for PAH. Shares, which lost more than half their value after last month’s court setback, snapped back hard.

Backblaze [BLZE] $9.72 (-22.26%)

Backblaze, the cloud storage company, slid on a day when investors dumped debt-heavy AI plays and rising rates spooked anyone with pricey funding.

It sold $175 million of convertible notes in August, and analysts remain mostly bullish, with eight Buy ratings. The move reads more like a market mood swing than a company mishap, though the drop was steep.

ITG [ITG] $5.98 (-20.27%)

ITG, a digital infrastructure provider, went public in early July and had given back roughly two-thirds of its value by early October, even as second-quarter sales grew 38% and operating profit reached 5% of sales.

Wednesday extended that skid. The average target sits nearly triple the current price, so the gap between sentiment and results is getting awkward.

Dream Finders Homes [DFH] $7.42 (-19.52%)

Dream Finders Homes sank after chatter spread that short seller The Bear Cave was teasing a new report, though the teaser never named the homebuilder.

Short interest was already elevated near 21%, and a $2.2 billion cash deal for Beazer Homes is on the books, so traders headed for the exits first and asked questions later.

Not Tesla. Not SpaceX. After an inside look at Washington’s books as head of DOGE, Musk says the U.S. is “1,000% going to go bankrupt.”

See what Musk found in Washington.

With the debt past $40 trillion, a little-known IRS loophole lets Americans move retirement savings into physical gold without an immediate tax hit.

See the loophole the elites are using.

Request Your 2026 Wealth Protection Guide.

That's it for today! Please, write us back, and let us know what you think of the Closing Bell Roundup. We're always eager to hear feedback!

Thanks for reading. I'll see you at the next open! 

Best Regards,
— Adam G.
Elite Trade Club

Click here to get our daily newsletter straight to your cell for free.

P.S. Just like this newsletter, it's 100% free*, and you can stop at any time by replying STOP.