Macro fear is creeping back as yields stay stubborn, but our Micron earnings date might just decide the fate of AI capex
← Friday, September 25, 2026 · Archive
Evening brief: Macro fear is creeping back as yields stay stubborn, but our Micron earnings date might just decide the fate of AI capex
Published
Macro Fear Persists Ahead of Jobs Data
The CNN Fear & Greed Index enters Monday pinned at 37 in Fear, with the 10-year Treasury yield hovering near 5.17% following recent Fed policy pressure. Investors face a high-stakes week featuring August PCE inflation and Friday's September jobs report, which will dictate whether rate hike risks escalate into year-end.
Source link not recorded for this item.
Zscaler Sinks 10.1% on CRO Departure
Zscaler plunged 10.06% on Friday after a Form 8-K confirmed Chief Revenue Officer Mike Rich is stepping down effective October 1. While internal executive Ross Tackett assumes the position, sudden leadership turnover in sales triggers immediate investor concern over go-to-market friction and deceleration in annual recurring revenue growth.
Source link not recorded for this item.
Bloom Energy Rallies 8.3% on AI Power
Bloom Energy surged 8.27% on Friday as clean energy momentum accelerated behind its recent S&P 500 inclusion and analyst price target bumps into the mid-$300s. AI hyperscalers are aggressively securing behind-the-meter fuel cell deployments to bypass utility grid delays, though extreme multiples leave zero cushion for deployment bottlenecks.
Source link not recorded for this item.
CVS Rebounds 4.8% as Overhang Clears
CVS Health rallied 4.80% on Friday to snap an eight-session losing streak after court approval of Omnicare's bankruptcy liquidation resolved a major legal cloud. The settlement allows investors to refocus on Aetna's operational margin recovery and raised full-year guidance, though front-store retail sales headwinds still linger.
Source link not recorded for this item.
Micron Earnings Test AI Memory Trade
Micron reports fiscal Q4 earnings Wednesday after the close, guiding for $50 billion in quarterly revenue as high-bandwidth memory capacity remains sold out. This print serves as the ultimate litmus test for enterprise AI capex durability before Friday's nonfarm payrolls report sets the macro tone.
Source link not recorded for this item.
Posture: Defensive posture: Fear sentiment at 37 and a 5.17% 10-year yield warrant disciplined risk management ahead of PCE and payrolls.
Tickers in focus: MU, SPY
Upcoming earnings
The day's moves on the ledger
No slate changes were logged this day.