The S&P 500 is trading near all-time highs despite weak market breadth, as sectors sensitive to interest rates have already priced in 5.25% Treasury yields. Historically, the S&P 500 has never posted negative returns 12 months after US midterm elections, with an average gain of 16.6%. Corporate profits hit a record $4.83 trillion in Q2 2026, representing nearly 15% of GDP, and 62% of companies raised future earnings guidance. Additionally, US firms authorized a record $1.33 trillion in share buybacks this year, supported by massive cumulative AI investments totaling $5.3-5.8 trillion. These factors suggest a bullish outlook with potential returns exceeding 20%, driven by strong earnings, midterm election tailwinds, and AI-driven growth.
Regarding the S&P 500 and midterm election outlook, here is Pluang's market snapshot as of Oct 12, 2026 19:13 WIB: Of 150 priced US stocks tradable on Pluang, 77 rose and 66 fell today. Notable movers include BIDU at USD 83.38 with a -2.29% change, MU at USD 1,006.80 with a -2.16% change, and SOFI at USD 15.48 with a -2.03% change. The most notable figure is MU's price of USD 1,006.80.
Alignment Health Plan introduced Central Health Harmony, a new Medicare Advantage plan starting January 1, 2027, targeting Asian American seniors in Los Angeles and Orange counties. The plan offers access to over 600 physicians who speak Chinese, Kor...
NVIDIA and Cisco have introduced Ultra-Dense Small Form Factor Pluggable (USFP), a new optical module supporting 400Gb/s per lane, enabling up to 12.8Tb/s capacity for AI data centers. This technology doubles bandwidth per lane and increases power ef...
Hasbro announced the fourth annual Women Innovators of Play Design Challenge, accepting submissions from October 15 to November 20, 2026. The program now includes year-round in-person networking events alongside the design competition, aiming to conn...
Micas Networks introduced three new 102.4 Tbps open Ethernet switch platforms based on Broadcom Tomahawk 6 technology, designed to enhance AI factory networks. The portfolio includes air-cooled 800G, liquid-cooled 1.6T, and co-packaged optics (CPO) s...
Ferrari N.V. has repurchased 43,000 of its common shares on Euronext Milan as part of the third tranche of its multi-year €3.5 billion share buyback program announced in 2025. The recent purchases, totaling nearly €14.8 million, are part of a broader...
