Tonight’s Highlights | U.S. Stock Index Futures Rise Collectively, Amazon Up Over 13% Pre-Market

On Friday, U.S. stock index futures rose collectively. Boosted by Amazon and Apple, Nasdaq 100 futures up over 1%. Major European indices mostly down.

 

Amazon stock surged over 13% pre-market. The e-commerce giant's earnings showed Q3 AWS revenue up 20%, beating Wall Street expectations. The company also plans data center expansion.

 

Apple stock up ~2% pre-market, driven by hot iPhone 17 sales. Latest quarterly report beat expectations, forecasting strong next quarter.

 

Wedbush Securities global tech research head Dan Ives wrote in Amazon report: "With AWS growth back on acceleration track this quarter and positive management comments, we believe investors are reconfirmed in Amazon's AI leadership."

 

Payne Capital Management senior wealth advisor Courtney Garcia: "Government in shutdown... so we must focus more on corporate earnings, business operations, and consumer performance. Results so far mostly positive—I think good sign for economic outlook."

 

Overall, U.S. stocks on track for weekly and monthly gains. S&P 500 up 0.45% week-to-date; Nasdaq and Dow up ~1.6% and 0.7%.

 

October historically one of most volatile months for U.S. stocks, but this year S&P 500 up 2% MTD, Nasdaq up nearly 4.1%, Dow up 2.4%. Dow on pace for sixth straight monthly gain—first since 2018.

Company News

SpaceX Submits "Simplified" Moon Landing Plan  

 

SpaceX said October 30 it submitted a "simplified" moon landing plan to NASA. Media reports NASA recently dissatisfied with SpaceX human lander progress; company launches shorter-timeline plan under pressure.

 

SpaceX website October 30 article: In response to NASA's "recent requests," company shared and is formally evaluating simplified mission architecture and operations with NASA.

 

SpaceX achieved 49 "milestone" results, including micrometeoroid and orbital debris protection tests, demonstrations of "lunar environmental control, life support, and thermal control" systems. Next year, SpaceX to conduct long-duration flight test of next-gen Starship heavy-lift rocket and complex in-space refueling test.

 

Nvidia Reaches AI Cooperation Deals with Samsung Electronics and Other Korean Companies  

 

Nvidia agreed with Samsung Electronics, Hyundai Motor Group, and SK Group to supply over 260,000 accelerator chips for Korea AI projects. Nvidia undisclosed financial terms.

 

Honeywell Announces Updated Business Segment Structure Ahead of Aerospace Spin-Off  

 

October 31, Honeywell announced business segment update in preparation for planned spin-offs. Solstice Advanced Materials spin-off completed October 30, 2025; Aerospace Technologies planned for H2 2026.

 

Starting Q1 2026 earnings, Honeywell to report across four segments: Aerospace Technologies, Intelligent Building Technologies, Intelligent Industrial Technologies, and Process Automation & Controls.

 

New structure effective January 1, 2026. Post-spin-off, independent Honeywell Aerospace to become one of largest publicly listed aerospace suppliers.

 

Turkish Government: Uber to Invest $200M in Tech R&D Center  

 

Turkey's Ministry of Industry and Technology October 31: Uber to invest $200M over next five years in Istanbul software and tech R&D center. Statement: Uber previously established similar facilities in Brazil, India, and Netherlands.