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Source document· November 10, 2025

Stocks Supported by Hopes the US Government Will Soon Reopen

View original at nasdaq.com
Stocks Supported by Hopes the US Government Will Soon Reopen The S&P 500 Index ($SPX) (SPY) today is up +1.10%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.55%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.81%…
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  • Upgraded Eli Lilly to outperform from market perform with price target of $1,104

    80% confidence
  • The effects of the tariffs have largely been confined to goods, with little spillover into services inflation or inflation expectations, which remain relatively well-anchored around our 2% target

    80% confidence
  • Downgraded Applied Optoelectronics to sell from neutral with price target of $15

    80% confidence
  • Q3 profits have risen 14.6% thus far, more than doubling expectations of 7.2% y/y

    80% confidence
  • Expects substantial rebound in US economy in Q1 with limited room for further rate cuts

    80% confidence
  • Raised price target on Albemarle to $85 from $70

    80% confidence
  • Labor market is softening and wage growth is moderating, without pressure on labor costs

    80% confidence
  • 82% of S&P 500 companies that reported Q3 earnings beat forecasts, on course for best quarter since 2021

    80% confidence
  • Tariffs are an imposition of taxes on Americans, which is core power of Congress

    80% confidence
  • Upgraded Celestica to buy from neutral with price target of $375

    80% confidence
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What we're seeing
Enterprise Software Races to Govern and Consolidate Around Agentic AI
Enterprise software vendors are repositioning around autonomous AI agents. Salesforce is acquiring Braze, ServiceNow is launching agent governance tools (AI Passport, Super Intelligence Control Tower), SAP is pushing its 'Autonomous Enterprise', and Zeta is launching AthenaOS and its own inference model. Palantir is embedding itself in banking, aviation and sovereign AI infrastructure through partnerships with Customers Bank, Surf Air, Ondas and Armada. Governance, data sovereignty and enforced policy are emerging as preconditions for regulated sectors like finance. Investors such as Norwest see room to disrupt ERP and finance software, and they caution that AI should not be trusted with financial calculations. Consolidation and shareholder disputes (Salesforce/Braze, Tiny/Oso Cloud, ZenaTech/Boardwalktech) show the market reshaping.
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EPKINLY Regulatory-Clinical Success Cascade
High probability of expanded label indications, additional combination approvals, and competitive positioning strength in follicular lymphoma market. Predicts positive commercial uptake and potential accelerated review for related indications.
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Where sources disagree
Ford Motor Company
Both facts give cash for Ford Motor Company at the same point in time (2025-12-31; FY 2025 year-end and Q4 2025 year-end are the same date). Both are labelled USD, but the values are 23,356,000,000 and 23.356, which cannot both be true in USD. The two numbers agree once the second is read as billions (23.356 bn = 23,356,000,000), so the economic content is consistent and the conflict is a unit/scale error in the Q4 2025 record. The period is not the reason for the conflict: a Q4 and an FY figure at the same year-end date should match.
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