💹 Federal Reserve Sticks to Rate Decision The Federal Reserve remains on track for an interest rate decision despite new inflation data. 💼 Major Tech Firms Face AI Cost Concerns Google, Meta, and Microsoft experienced a sell-off, with concerns about rising AI costs impacting their profits. 📈 Amazon's Profits Soar Despite AI Investments Amazon's quarterly results exceeded expectations, with strong operating margins despite a major AI investment. 📱 iPhone 16 Boosts Apple's Earnings Report Apple's earnings report showed iPhone 16 sales exceeding expectations, though other revenues were mixed. 🚗 Ford Halts Electric Truck Production Ford will pause production of its F-150 Lightning electric truck due to waning demand. 🌪️ Weak Jobs Report Expected This October The jobs report for October is expected to be weak due to multiple hurricanes and labor strikes. 💰 JPMorgan Settles with SEC for $100M JPMorgan reached a $100M settlement with the SEC, marking a significant regulatory development. 🚙 Carvana Shares Rise Amid Market Strength Carvana shares jumped 19% as the used-car market strengthened, nearly doubling its quarterly sales to $3.6B. 📉 Nvidia's Stock Drops on AI Concerns Nvidia's stock dipped amid worries of an AI market slowdown impacting future growth. 🏦 Mortgage Rates Climb Pre-Election Mortgage rates have increased for the fifth consecutive week, adding pre-election economic uncertainty. 📉 SandP 500 Drops Amid Earnings Disappointment The S&P 500 saw a sharp drop as disappointing earnings from tech giants worried investors. 🚖 Uber Shares Fall Despite Profit Growth Uber's shares fell after missing gross booking expectations despite a surge in profit and revenue growth. 🚴 DoorDash Achieves First Profitable Quarter DoorDash reported its first profitable quarter, ending a four-year losing streak and partnering with Lyft.