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◆QUANTLOGIX DAILY BRIEF
THURSDAY · 10/01/2026 PRE-MARKET
S&P Futures
7,740.75
+0.33%
Nasdaq Futures
30,846.5
+0.48%
10Y Yield
5.26%
+0.38%
Macro Sentiment
59/100
Neutral
Signal Breadth
22%
bearish

◆ Market Pulse

The Dow slid 0.86% to 50,906 while the Nasdaq gained 0.24% to 26,861 — a narrow, tech-carried session with Technology the only green sector (+0.64%) and Cons. Staples the worst (-1.53%). The S&P 500 slipped 0.25% to 7,651.54 and the Russell 2000 lost 0.39%, yet all four index futures point higher — S&P +0.33%, Nasdaq +0.48% — with headlines crediting AI-related strength kicking off October. Single-name action was violent away from the index: TNON surged 49.8% while LQDA collapsed 57.2%. VIX sits quietly at 16.3 (-0.24%) and the 10-year holds 5.26%, a live headwind for the rate-sensitive laggards.

◆ Index Board — Today's Close

S&P 500S&P 500 · 7,651.54 · -0.25% on the day-0.25%NASDAQ CompositeNASDAQ Composite · 26,861.06 · +0.24% on the day+0.24%Dow Jones IndustrialDow Jones Industrial Average · 50,906.05 · -0.86% on the day-0.86%Russell 2000Russell 2000 · 2,796.86 · -0.39% on the day-0.39%CBOE VolatilityCBOE Volatility Index · 16.3 · -0.24% on the day-0.24%

Change on the day for the major indices. VIX sits in the metric strip above — it reads inversely, so it is kept out of this scale.

◆ Overnight Futures

S&P FuturesS&P Futures · 7,740.75 · +0.33%+0.33%Nasdaq FuturesNasdaq Futures · 30,846.5 · +0.48%+0.48%Dow FuturesDow Futures · 51,438 · +0.31%+0.31%Russell 2000 FuturesRussell 2000 Futures · 2,824.9 · +0.26%+0.26%

◆ Overnight Headlines

THE BLOCK4m ago
Robinhood Wallet adds Arcus as a routing provider for Stock Token swaps, giving eligible users access to more than 190 tokens.
CNBC6m ago
Investors are weighing a softer inflation picture, higher Treasury yields and uncertainty over the Fed's next rate decision.

◆ Signal Standouts

QuantLogix counts 4,632 names with just 22.3% bullish — 28 strong buys vs 134 strong sells — and breadth narrowed 5.6 points versus yesterday. With Technology the lone green sector, that narrowing says leadership is thinning: futures can point higher while participation contracts, leaving the rally carried by fewer names. The near-even split (1,032 bullish vs 987 bearish) plus a 2,613-name neutral bloc means conviction sits in the middle, not the edges.

22%BULLISH
Strong Buy
28
Buy
1,004
Neutral
2,613
Sell
853
Strong Sell
134
Signal breadth — last 39 sessions22%
2026-08-10low 19% · high 44%2026-10-01

Hover the line (or focus it and use ← →) to read any single session.

Strong Buy standouts: ICHR · IDT · EPRX · TTRX · FBYD · XRPN · ZSQR · OCC · ENGS · VRA · TLSA · PXS

Strong Sell standouts: BRK.B · MAR · VG · TIGO · TRU · VIST · FIGR · GATX · MTG · RDN · HRI · GFF

See full signals →

◆ Earnings Ahead

Sort by date, EPS growth, or revenue growth.
TickerNext ReportInLast EPS YoYLast Rev YoY
TSLA 2026-10-22 20d -3.0% +25.5%
GOOGL 2026-10-22 21d +294.4% +24.2%
MSFT 2026-10-28 27d +0.0% +17.7%
META 2026-10-29 28d -13.4% +28.0%
AAPL 2026-10-30 29d +28.7% +16.4%
AMZN 2026-10-30 29d +242.3% +19.6%

◆ Sector Setup

Technology
BULLISH
Only sector in the green at +0.64%, with Nasdaq futures leading at +0.48% on AI-related strength.
Energy
NEUTRAL
Essentially flat at -0.07%, quietly outperforming every non-tech group on a weak tape.
Real Estate
BEARISH
Down 1.04% with the 10-year at 5.26%, leaving rate-sensitive cash flows with no cushion.
Financials
BEARISH
Down 1.13% and BRK.B sits in the universe's strong-sell sample, capping the group's signal support.
Health Care
BEARISH
Second-worst at -1.35%, though small-cap outliers ICHR and EPRX screen strong buy beneath the sector weakness.
Cons. Staples
BEARISH
Worst sector at -1.53% as defensives lag even a down tape — participation is anything but broad.

◆ Economic Snapshot

Fed Funds Rate
3.63%YoY -16.2%
Unemployment Rate
4.1%YoY -4.7%
Inflation Rate (YoY)
3.35%
GDP Growth
2.2%YoY +0.0%
10-Year Treasury
5.26%YoY +6.0%
Consumer Sentiment
51.7YoY -11.2%

Year-over-year movement

Fed Funds RateFed Funds Rate: 3.63% · -16.2% year over year-16.17%Unemployment RateUnemployment Rate: 4.1% · -4.7% year over year-4.65%Inflation Rate (YoY)Inflation Rate (YoY): 3.35% · +0.0% year over year+0.00%GDP GrowthGDP Growth: 2.2% · +0.0% year over year+0.00%10-Year Treasury10-Year Treasury: 5.26% · +6.0% year over year+6.05%Consumer SentimentConsumer Sentiment: 51.7 · -11.2% year over year-11.17%

◆ Catalyst Calendar

Today's catalyst calendar is light — no IPOs or corporate events on deck. The next real cluster is mega-cap earnings: TSLA and GOOGL around Oct 22, then MSFT, META, AAPL and AMZN stacked into Oct 28-30.

Light calendar — no major IPOs or corporate events flagged ahead.

◆ IPO Radar — Upcoming Listings & Pipeline News

No priced listings on the runway right now — a quiet pipeline is a reading too. The next filings land here first.

Listing-pipeline headlines

CNBC43m ago
Anthropic's IPO prospectus reveals an extensive partnership with chip maker Broadcom that includes $42 billion lent to the AI lab to lease its chips.

Full pipeline + S-1 tracker on IPO Radar · pre-IPO valuations and secondaries on Private Companies.

◆ Private Markets & Pre-IPO Activity

The private tape is active: AMD's announced $8.2B acquisition of World Labs (Sept 28) anchors the week, with UAE-affiliated entities ($6B across 2 deals) and Jane Street ($3B across 2) writing the largest checks, while Insight Partners leads on volume at 6 deals and a16z pairs 5 deals/$694M with a $4B co-led package. Fresher venture flow includes Outmarket's $35M Series B at a $335M valuation (SignalFire) and Arivihan's $10M Series A led by Accel and Prosus.

DateCompanyEventAmountLead Investor
2026-09-28 World Labs · AI Acquisition (announced) $8,200M led by AMD $8.2B AMD
2026-09-28 Astro Digital · Space / Defense SPAC merger + PIPE (announced) $180M led by Proem Asset Management $180M Proem Asset Management
2026-09-28 Modulate · AI Venture $25M led by Future Ventures $25M Future Ventures
2026-09-26 Sanyark Space · Space Pre-Seed $2M led by Avaana Capital; AUM Ventures $2M Avaana Capital; AUM Ventures
2026-09-25 Arivihan · Education Series A $10M led by Accel; Prosus $10M Accel; Prosus
2026-09-25 Outmarket · Insurtech Series B $35M led by SignalFire $35M SignalFire
2026-09-24 OpenEvidence · Healthcare Unlabeled (reported) $250M $250M —
2026-09-24 HIFI · Fintech Series A $37M led by Left Lane Capital $37M Left Lane Capital

Track 2,590 pre-IPO names on Private Companies · browse 280+ investor profiles · live deal tape on Deal Signals.

◆ Round Sizes — Recent Raises

World LabsWorld Labs · Acquisition (announced) $8,200M led by AMD · valuation $8.2B — open the company page$8.2BAstro DigitalAstro Digital · SPAC merger + PIPE (announced) $180M led by Proem Asset Management — open the company page$180MModulateModulate · Venture $25M led by Future Ventures — open the company page$25MSanyark SpaceSanyark Space · Pre-Seed $2M led by Avaana Capital; AUM Ventures · valuation $8M — open the company page$2MArivihanArivihan · Series A $10M led by Accel; Prosus · valuation $60M — open the company page$10MOutmarketOutmarket · Series B $35M led by SignalFire · valuation $335M — open the company page$35MOpenEvidenceOpenEvidence · Unlabeled (reported) $250M · valuation $15.0B — open the company page$250MHIFIHIFI · Series A $37M led by Left Lane Capital — open the company page$37M

Bar = amount raised · click through to the company's pre-IPO page.

Where the money went — sector split

AI $8.2B: 8,225,000,000Healthcare $250M: 250,000,000Space / Defense $180M: 180,000,000Fintech $37M: 37,000,000Insurtech $35M: 34,500,000Education $10M: 10,000,000

Most active lead investors (last 45 days)

Insight Partners · 6 deals · $337MAndreessen Horowitz · 5 deals · $694MUnited Arab Emirates and affiliated investment entities · 2 deals · $6.0BAndreessen Horowitz / Accel / Founders Fund / General Catalyst / Avenir (co-led) · 2 deals · $4.0BJane Street · 2 deals · $3.0B

◆ Trading Implications

Educational framework discussion of market conditions — not investment advice or a recommendation to buy or sell any security.

◆ Deep Dive

Why narrowing breadth warns before price does

Breadth measures participation — how much of the market is actually moving with the index — and today it is diverging from price: futures are up while bullish signals fell 5.6 points to 22.3% and Technology is the only green sector. Because indices are cap-weighted, a handful of AI-linked leaders can lift the tape even as the median stock weakens, which is why narrowing breadth often leads price at inflection points. The tell is the 2,613-name neutral bloc — 56% of the universe — because when neutrals convert to buys, rallies broaden, and when they flip to sells, thin leadership breaks quickly. None of this predicts direction; it measures how fragile or durable the current move is.

QuantLogix briefings are educational market commentary generated from live data, not investment advice. Signals are quantitative model outputs, not recommendations. Markets carry risk of loss.