Stocks snapped a three-session losing streak Friday as falling crude and a late buying push carried the major averages near their highs. The Dow led the rebound, and eight of 11 sectors finished green.

In macro, Iran said fake news to talks with the U.S., but no one seemed to care. Speaking of fake talks, President Xi left Washington after much posing for pictures and fine dining in ballrooms, but reports out of the angry but reinstated press pool couln’t find much substance to the chatter with President Trump. So much for solving the world’s problems at the tech bro table.

The 10-year Treasury yield still ended the week at 5.18%, up 24 basis points, so rates did not exactly leave the building. Though some perma-bulls, like Stocktwits friend Cem Karsan, pointed out historical 10-year rates are well into the 5% realm, and this horrible scenario could just be a long-overdue return to mean.

NextGen News writer and twitter chart poster Jason Goepfert, has harped on the reasons this rate hiking oil-burning interest rate-a-soaring market could be bad, even while the S&P 500 is climbing: the market is within 1% of ATH, but only half of S&P 500 stocks are above their 200 day MA. Basically, big giant behemoths are climbing, everything else not so much.

Stocktwits attention clustered around Microsoft’s Copilot overhaul, Circle’s CFO exit, and PayPal buyout chatter. Microsoft led the live pulse, while Circle traders focused on whether the stock can hold $85 after hours.

Today's Briefing: Powered by Stocktwits Community API.

Microsoft ripped the cover off a full Copilot overhaul Friday, its biggest swing yet at turning AI assistants into a real product line. Earlier in the week, the software giant showed off its reimagined 'Maybe people will actually use it now’ AI agent to select business operators. No one wants to be left behind in the AI race, and Meta’s Muse showed that yes, the Mag Seven or ten or whatever is still in this race. Meta Stock was up 16% this week just for saying, ‘hey remeber me? Mr. Apps everyone uses guy?’

The revamp has three pillars: Home, a new Chat and Cowork hub; Code, a natural-language coding tool built on GitHub Copilot tech; and Autopilot, an always-on agent that carries its own company-directory identity.

The RIP: $MSFT ( ▲ 3.66% ) climbed +4% to $516. Word, Excel, and PowerPoint now live inside Copilot, and the new Code and Autopilot tools will bill on usage on top of standard seat licenses. Code hits early access at month end.

The money line is the billing. Microsoft is stacking usage-based charges on top of the seats companies already pay for, which is how Copilot stops being a feature and starts being a franchise. Gartner's Larry Cannell noted Microsoft would normally have saved this for Ignite. It didn't wait, because the enterprise race with Meta, OpenAI, and Anthropic won't.

Pyth has been approved as an external distributor of Nasdaq Basic, the exchange's real-time top-of-book product for U.S. equities, best bid and offer with size from liquidity in the Nasdaq market center, and last sale price and size from Nasdaq's U.S. venues and from trades reported to the FINRA/Nasdaq Trade Reporting Facility.

Pyth Network is a market data platform built for software and AI-native destinations. Nasdaq joins a long list of institutions that have embraced Pyth, including Fidelity Investments, Revolut, and Kalshi. Register for the Pyth Q3 investor call, taking place on October 8th, to get the inside track on more exciting announcements.

*3rd Party Ad. Not an offer or recommendation by Stocktwits. See disclosure here.

Circle, the financial technology company behind the USDC stablecoin, said Friday that CFO Jeremy Fox-Geen plans to step down after more than five years in the role. He will remain through December or until Circle appoints a successor. Here’s to thinking he would see the day the CLARITY Act passed.

The RIP: $CRCL ( ▼ 4.3% ) fell -4.3% to $89 during Friday’s regular session, then dropped another -2.7% after hours to $86.59. That left the stock roughly -7% below Thursday’s close.

Circle has started a search for its next finance chief. The long handoff limits the immediate disruption, but the departure lands as Circle expands beyond USDC into payments and its Arc blockchain. USDC had more than $74B in circulation this month.

Traders quickly circled $85 as the next line in the sand. The stock traded less than $2 above it after hours.

The Community Read: The $CRCL room is fighting over whether $85 holds after the CFO exit ->

Oracle, the cloud giant leasing capacity for OpenAI, sent a force majeure notice to Stack Infrastructure over Project Jupiter, a 2.45-gigawatt AI data center campus in Doña Ana County, New Mexico. Bloomberg reported the notice Thursday.

The trigger was power. A natural gas pipeline meant to feed the campus’s Bloom Energy fuel cells was delayed from August 2026 to February 2027 after repeated permit denials, and the microgrid’s air permit remains pending.

The RIP: $ORCL fell -3.5% Thursday, then another -1.7% to $137.10 Friday. Oracle’s 30-year bond yield climbed to 8.16% from 7.96% before the notice and 7.09% this summer.

The notice could let Oracle defer full rent if the campus misses its 2028 opening. It does not cancel the lease or Bloom’s 2.4-gigawatt fuel-cell contract. Oracle said Project Jupiter remains on schedule, and Stacks ownwer, Blue Owl a private asset manager, and all around private credit screw up getting hit with withwithdrawalsdrawls this spring and summer. Investors in its AI build out loans are worried about exactly this happening: the big bad tech company is throttled by a tiny energy firm into saying, 'We can’t build this fast’ and Blue Owl is stuck holding the bag.

This is payment protection against a construction delay. Bondholders still heard delay.

Bloom Energy makes the fuel cells slated to power Oracle's Project Jupiter AI data center campus in New Mexico, a 2.4 gigawatt contract. Thursday, Bloomberg reported Oracle had sent a force majeure notice to the campus developer, Stack Infrastructure, aiming to defer payment obligations if the project slips past 2028. A natural gas pipeline feeding the site slipped from August 2026 to February 2027. Bloom fell as much as 9% intraday and closed down 3%.

The RIP: $BE ( ▲ 8.27% )surged +8% to $289 Friday, the best performer in the S&P 500, per Barron's. Bloom said Oracle remains committed to the contract and timeline, and Oracle said the New Mexico project remains on schedule. Oracle said this week

It was a payment-timing scare. Nobody questioned the contract itself. Morgan Stanley called the notice a proactive legal maneuver, reiterated its Overweight rating and $310 target, and noted Project Jupiter isn't in Bloom's 2026 guidance, so this year's numbers were never at risk. The contract also lets Oracle redirect the fuel cells to other data centers if the site stalls.

29.8K WATCHERS

Hut 8 won a $140M bid for Poolin’s Pyote and Tarbush data centers in Texas, expanding its infrastructure footprint as the shares slipped Friday.

5.5K WATCHERS

Microchip extended Thursday’s product-launch rally after unveiling PAC1761 and PAC1861 digital power monitors for 48V systems used across AI data centers, automotive, industrial, and communications equipment.

31.3K WATCHERS

Dell launched a $999 XPS Googlebook built around Gemini and Android phone integration, giving its premium PC line a new AI hook as shares closed +5%.

Bearish 🐻 | Bullish 🐮 | It’s Complicated 😵‍💫

Parallel, Turbopuffer, and Wordsmith run their entire GTM motion on Attio, with agents that chase every buying signal, build pipeline, and move deals forward, 24/7.

Try Attio for free

*3rd Party Ad. Not an offer or recommendation by Stocktwits. See disclosure here.

📰 White House television pool resumes after banned news outlets regain access

👛 Man searching with metal detector unearths massive Viking Age fortune, shattering records

📊 SLS Stock Slips 3% As Pancreatic Cancer Lab Data Leave REGAL Wait Unanswered

📊 Strategy proposes daily dividends to bring STRC back toward $100

🤖 AKAM’s $11.6B Anthropic Deal Has Wall Street Rethinking The Stock — What Analysts See

💰 CRWD Stock Slips: US Department Of Justice Reportedly Closes Investigation Of CrowdStrike Deals

📈 The levels traders are actually drawing on, not the ones in the headlines

Recommend a friend to Get the summary FREE»>

Want to see some change? Respond to this email and reach me, Kevin Travers, with feedback. Follow me on Stocktwits. Send me charts and ideas! Refer a friend for this quarter’s edition of The RIP Forecast 😎

_{Securities Disclaimer: STOCKTWITS IS NOT A TAX ADVISOR, BROKER, FINANCIAL ADVISOR OR INVESTMENT ADVISOR. THE SERVICE IS NOT INTENDED TO PROVIDE TAX, LEGAL, FINANCIAL OR INVESTMENT ADVICE, AND NOTHING ON THE SERVICE SHOULD BE CONSTRUED AS AN OFFER TO SELL, A SOLICITATION OF AN OFFER TO BUY, OR A RECOMMENDATION FOR ANY SECURITY. Trading in such securities can result in immediate and substantial losses of the capital invested. You should only invest risk capital and not capital required for other purposes. You alone are solely responsible for determining whether any investment, security or strategy, or any other product or service, is appropriate or suitable for you based on your investment objectives and personal and financial situation. You should also consult an attorney or tax professional regarding your specific legal or tax situation. The content is to be used for informational and entertainment purposes only and the service does not provide investment advice for any individual. Stocktwits, its affiliates and partners specifically disclaim any and all liability or loss arising out of any action taken in reliance on content, including but not limited to market value or other loss on the sale or purchase of any company, property, product, service, security, instrument, or any other matter. You understand that an investment in any security is subject to a number of risks and that discussions of any security published on the Service will not contain a list or description of relevant risk factors. In addition, please note that some of the stocks about which content is published on the service have a low market capitalization and/or insufficient public float. Such stocks are subject to more risk than stocks of larger companies, including greater volatility, lower liquidity and less publicly available information. Read the full terms & conditions here. 🔍
Author Disclosure: The author of this newsletter does not hold positions in any of the securities or assets mentioned. 📋}