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- StockMKTNewz Daily Recap 10/7
StockMKTNewz Daily Recap 10/7
GOLD CROSSES OVER $4,000
Daily Stock Market Recap: 10/7
It’s Evan from @StockMKTNewz. Every day I cut through the noise to bring you the easiest and fastest way to get the news that really matters: the top headlines, the movers, and the market shifts you can’t afford to miss.
Here’s what you need to know today ⬇️
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The Daily Recap
The price of 1 ounce of GOLD just climbed over $4,000 for the
FIRST TIME EVER
— Evan (@StockMKTNewz)
12:58 PM • Oct 7, 2025
Ray Dalio just said he thinks investors should allocate as much as 15% of their portfolios to gold
“It’s very much like the early ’70s...where do you put your money in?” ... “When you are holding money and you put it in a debt instrument, and when there’s such a supply of debt
— Evan (@StockMKTNewz)
2:19 PM • Oct 7, 2025
All these stocks hit new 52 WEEK HIGHS at some point today
Dell Technologies $DELL
$IBM
Palo Alto $PANW
Raytheon $RTX
Rocket Lab $RKLB
Doordash $DASH
Monster $MNST
Medtronic $MDT
$IONQ
Oscar Health $OSCR
Galaxy Digital $GLXY
Corning $GLW
Amkor $AMKR
Kratos $KTOS
Rigetti $RGTI— Evan (@StockMKTNewz)
7:20 PM • Oct 7, 2025
TESLA $TSLA WEBSITE SHOWS STANDARD REAR-WHEEL DRIVE MODEL Y IN THE US PRICED AT $39,990
— Evan (@StockMKTNewz)
6:25 PM • Oct 7, 2025
China 🇨🇳 chipmakers have reportedly been able to buy $38 Billion of advanced computing chips from the United States 🇺🇸 and allies skirting around gaps in restirctions according to a bipartisan investigation by U.S. lawmakers - Reuters
— Evan (@StockMKTNewz)
6:21 PM • Oct 7, 2025
Here's how the S&P 500 has performed following the past 10 🇺🇸 Government shutdowns - CNBC
— Evan (@StockMKTNewz)
6:10 PM • Oct 7, 2025
Nvidia $NVDA CEO Jensen Huang said that the company will continue to sponsor H-1B visas and cover all associated costs following U.S. President Trump's executive order last month that imposed a $100,000 fee on each new application - Insider
— Evan (@StockMKTNewz)
5:17 PM • Oct 7, 2025
Thoma Bravo co-founder Orlando Bravo said that valuations for AI companies are “at a bubble,” comparing it to the dotcom era.
But one key difference in the market now, he said, is that large companies with “healthy balance sheets” are financing AI businesses.
(Source CNBC)
— Evan (@StockMKTNewz)
4:57 PM • Oct 7, 2025
JPMorgan $JPM CEO Jamie Dimon just said the company is spending $2 Billion a year on AI
— Evan (@StockMKTNewz)
3:59 PM • Oct 7, 2025
Oracle $ORCL stock is moving lower right now following a story from The Information that said
Oracle reportedly lost $100M last quarter from its Nvidia Blackwell rental business
— Evan (@StockMKTNewz)
3:14 PM • Oct 7, 2025
Qualcomm $QCOM agreed to acquire Italian hardware company Arduino as it looks to push deeper into robotics - CNBC
— Evan (@StockMKTNewz)
2:12 PM • Oct 7, 2025
DELL JUST RAISED ITS LONG TERM OUTLOOK
$DELL just said it is now guiding for 7-9% annual revenue growth through the next 5 years up from its prior guide of between 3-4%
Dell stock is moving higher in pre market trading 🟢
— Evan (@StockMKTNewz)
12:37 PM • Oct 7, 2025
$IBM and Anthropic just announced a partnership
"to accelerate the development of enterprise-ready AI by infusing Anthropic’s Claude, one of the world’s most powerful family of large language models (LLMs), into IBM’s software portfolio to deliver measurable productivity gains"
— Evan (@StockMKTNewz)
12:18 PM • Oct 7, 2025
New York Stock Exchange parent, Intercontinental Exchange $ICE announced it took a $2 billion stake in Polymarket
The deal values Polymarket at ~$8 billion - CNBC
— Evan (@StockMKTNewz)
11:36 AM • Oct 7, 2025
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Disclaimer:
Nothing in this newsletter is financial advice or a recommendation to buy or sell any securities. I’m just reporting the news. Always do your own research and talk to a licensed professional before making financial decisions. Some links may be affiliate links, which means I may earn a small commission if you choose to sign up or make a purchase. It never affects what I choose to include. Some content may be sponsored. I only work with brands I think are a good fit for my audience. Giveaway entries do not guarantee a win. Winners are selected randomly and will be contacted directly by the StockMKTNewz team.