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The Daily Briefing · Monday, October 12, 2026
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Apple Cuts iPhone 18 Pro Orders 15% as Demand Cools
Apple (AAPL) told suppliers to trim iPhone 18 Pro component orders by at least 15% for October as a $100 price rise and costly memory chips weigh on demand.
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Also today
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Anthropic's $60B Chip Debt Deal: Broadcom's Role Explained
Bank of America, Citigroup and Morgan Stanley are syndicating a record $60B debt package for Anthropic's Google TPU lease, with Broadcom as guarantor.
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US September CPI: Fed Rate Hike Bets Ride on Core
US September CPI, due Wednesday, is forecast to lift headline inflation to 3.7% on gasoline, while core data sets October Fed rate hike odds near 1 in 5.
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Constellation (CEG) Lands Google Nuclear Deal for AI Power
Google and Constellation Energy signed a 20, year deal for 890 MW of new nuclear capacity, a $4.3 billion upgrade plan that sent CEG up 12% on October 6.
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Kospi Falls 3.7% Below 6,400 on 10th Day of Foreign Selling
South Korea's Kospi fell 3.65% to 6,384.24 on Monday as foreign investors sold for a tenth straight session, pulling Samsung Electronics and SK hynix down more than 4%.
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More headlines
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Energy Ceasefire: Trump Claims Deal, Kremlin Silent
Trump says Russia and Ukraine agreed to an immediate energy ceasefire, but the Kremlin has not confirmed it and Zelenskyy reports continuing Russian strikes.
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Trump, Russia Diesel Deal Eases Sanctions Before Midterms
Trump's Russian diesel deal waives sanctions through April 2027, with 300,000 tons due now and 500,000 in November, as the US seeks lower diesel costs.
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SpaceX Spectrum Deal Hits T, Mobile, AT&T, Verizon
SpaceX agreed to buy nationwide 800 MHz spectrum for Starlink Mobile, sending T, Mobile down 13%, AT&T 10% and Verizon 9% in their worst sessions in years.
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Houthi Riyadh Airport Strike Lifts Brent to $105
Houthi missile strikes on Riyadh's airport killed at least 12 people and pushed Brent crude to about $105 a barrel as tankers were also hit.
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Trump 300% Tariff Threat: 18, Month US Factory Deadline
Trump threatened 150% to 300% tariffs on foreign firms that skip US factories within 18 months, while China and the EU agreed to explore tariff cuts in Beijing.
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UnitedHealth Q3 2026 Earnings Hinge on Medicare Margins
UnitedHealth (UNH) reports Q3 2026 earnings on Oct. 13, with Medicare Advantage margins in focus after Humana's 11.6% surge on 2027 Medicare star ratings.
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Brent Near $100 as Iran Ties Hormuz Reopening to Blockade End
Brent crude holds near $100 as Tehran demands the US naval blockade end before the Strait of Hormuz reopens, leaving the crude oil price exposed to every diplomatic signal.
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Market briefs
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From the startup desk
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Video of the day
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The Three Fundamental Drivers
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The Daily Briefing from Pomegra. Market news, educational content only. Nothing here is investment advice.
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