Daily Briefing · 2026-10-11

That optimism is colliding with rising bond yields, which threaten to disrupt the four-year tech-driven bull market. Analysts are increasingly warning that the equity risk premium has vanished, meaning stocks no longer look cheap relative to bonds. Adding to the tension, this week's upcoming CPI report could deliver a volatility shock if inflation surprises to the upside. In tech, Nvidia continues searching for new ways to extend its AI-driven growth runway. Palantir saw a notable rating upgrade to Buy, with one analyst reversing course amid strong momentum and record valuations. On the geopolitical front, a reported Trump-Putin diesel deal and mounting pressure on Zelenskyy could strain Western military aid and push European defense spending higher. In banking news, the Federal Reserve's operating income has reportedly turned negative again following its latest rate move. SanDisk announced a twelve percent cash return to shareholders ahead of its upcoming earnings report. Byrna Technologies was downgraded to Hold after its stock plunged eighty-three percent from peak levels. In telecom, Verizon faces a growing competitive threat from Starlink's push into mobile satellite service. And Zscaler's move into agentic AI security capabilities is expected to drive revenue growth and expand its market share.