Energy Transfer LP (ET) — the peer cohort

Long reads

• Earnings Season — The Bar Meets Its First PrintsWeekly Signal · 12 Jul 2026

101 and glossary

• Extended-Hours TradingGlossaryTrading before the 9:30 ET open (pre-market, from 4:00) and after the 16:00 ET close (after-hours, to 20:00) on electronic venues.

Dailies

• Big Tech — Microsoft up 2.9%, Alphabet down 10%, ServiceNow down 18% after hours; Marvell eyes LumentumMorning 10 · 29 Oct 2026Lumentum closed Wednesday up 5.5% at 913.95, then jumped after hours, up about 17% at the peak in the 16:55 to 17:05 ET window and last trading at 992.91, 8.6% above the close.
• Fed — rates on hold, two officials wanted a hike; Vertiv +15%, Flex +9%, Micron +4%Midday 10 · 28 Oct 2026The Fed kept the federal funds range at 3.75–4.00% at 14:00 ET — the outcome futures priced at about 90% this morning — but two of the twelve voters, Governor Lisa Cook and Cleveland Fed President Beth Hammack, wanted a quarter-point hike.
• Chips — the open follows Seoul, then turns: chip index from −2.4% to +0.7%; small caps +1.6%Midday 10 · 20 Oct 2026Oil drops from a five-month high and the chip index turns by 10:30 ET.
• Earnings — J&J −6.2% and Citi −3.8% after beats; Micron −5.1%, chip fund back under its 50-day lineMidday 10 · 13 Oct 2026At about 13:15 ET the S&P 500 is down 0.1%, the Nasdaq-100 0.5% and the Dow 0.4%, and the biggest moves come from companies that beat.
• AI Capex — chip index −3.4% after OpenAI's revenue comes in at $50 billion, not $70 billion; software risesMorning 10 · 9 Oct 2026the Midday 10 at 12:30 ET reads the first half of the session
• Fed — minutes point to another rate hike by year-end; Samsung earns a record $80 billion in one quarterMorning 10 · 8 Oct 2026PepsiCo reports its third quarter today around 06:00 ET; analysts expect $2.30 a share on about $25 billion of revenue.
• Stocks — broadly lower after the records: Russell 2000 −1.4%, power and cooling names sold, Penguin +15.3%Midday 10 · 7 Oct 2026The Fed publishes the minutes of its September meeting at 14:00 ET.
• S&P 500 — record high as Marvell jumps 7.6% on its investor day; chip-machine makers slideMidday 10 · 6 Oct 2026The stock dipped to $267.26 in the first minutes, then ran as high as $301.27 (+11.1%) by 9:40 ET; at $291.74 it is up $20.49 on Monday's close of $271.25.