CPI Details: CPI rose 0.6% MoM after rising 0.4% MoM in August; it rose 3.7% YoY The index for gasoline rose 9.1% in September, accounting for over half of the monthly all items increase. The energy index increased 5.2% over the month following a 2.1% increase in August. Electricity CPI rose 0.2% over the month. In contrast, the natural gas index decreased 0.3% in September. The shelter index rose 0.4% in September after rising 0.3% in August. The index for food was unchanged in September, as the index for food away from home increased 0.2% and the index for food at home fell 0.1%. It increased 2.5% over the last year.Three of the six major grocery store food group indexes decreased in September, while the other three indexes increased. The meats, poultry, fish, and eggs index decreased 0.5%over the month, as the beef index fell 1.0%. The index for other food at home decreased 0.2 percent in September. The dairy and related products index decreased 0.9% over the month, as the milk index declined 2.0%. The energy index increased 20.4% YoY due in large part to the index for gasoline rising 34.2% over the same period. The natural gas index increased 5.0% YoY and the electricity index rose 4.4% YoY. Core CPI rose 0.3% in September, same as August. Indexes that increased over the month include recreation, used cars and trucks, education, airline fares, medical care, and apparel. Conversely, the index for communication was among the small number of major indexes that decreased in September. Shelter CPI increased 0.4% MoM, after rising 0.3% in August.Index for owners’ equivalent rent rose 0.3% in September, and the index for rent increased 0.2%. Lodging away from home index rose 2.0% in September after rising 2.4% the previous month. Index for recreation increased 0.5% over the month after being unchanged in August. Used cars and trucks index rose 0.7% in September, and the education index increased 0.6%. New vehicles index, the personal care index, and the motor vehicle insurance index also increased over the month. Index for airline fares increased 1.2% in September, and the index for apparel rose 0.3%. The medical care index increased 0.1% in September after falling 0.2% in August. The index for hospital services rose 0.7% over the month. Prescription drugs index declined 1.2% in September. Index for physicians’ services was unchanged over the month. Communication CPI declined 0.2% in September after rising 2.3% in August. Index for household furnishings and operations was unchanged over the month.

UK Industrial Production (M/M) Aug: 0.8% (est -0.1%; prev 0.2%) - Industrial Production (Y/Y): 1.6% (est 0.7%; prev 0.6%) - Manufacturing Production (M/M): 1.2% (est 0.0%; prev 0.9%) - Manufacturing Production (Y/Y): 3.0% (est 2.3%; prev 2.6%)

Part 4 of my TensorFold 1.0 test: long prompts. Does @ashxhart's new native engine hold up at 128k tokens? Same GB10 box (Lenovo PGX), Nemotron 3.5 Lightning, real book text from Project Gutenberg, old Python engine 0.6.6 vs 1.0.1, median of 3 different book passages per length: decode at 8k: 118.7 → 138.0 tok/s decode at 32k: 110.5 → 124.0 tok/s decode at 64k: 97.5 → 111.8 tok/s decode at 128k: 85.9 → 96.2 tok/s So 1.0.1 decodes 12–16% faster at every length (short prompts in part 1: 1–9%). Prefill is a tie: 0.6.6 is up to 2% faster (a 128k prompt takes 31.8 s vs 32.3 s to the first token). And all 12 answers to these long prompts are bit-identical between the two engines, from 8k to 128k. One limit: with 4 long prompts (32k each) at once, both engines read them one after another. The 4th request waits about 22–24 s for its first token on either engine, and all 4 finish in about 24 s.

Eurozone shares -0.5% US futures -0.2%, Nas futures +0.1% Ger 10 yr yld +5bp to 3.39% Oil +1.2% to $92.7..reports of hits on ships in Hormuz & on Saudi Red Sea oil infrastructure Gold -0.6% to $4404 Iron ore +0.1% to $100.45 Bitcoin $79.2k ASX futures -0.1% $A 0.7215 w $US -0.2%

Premarket movers: Mag 7 stocks are mixed: Apple (AAPL) +0.6%, Meta Platforms (META) -0.1%, Alphabet (GOOGL) -0.5%, Nvidia (NVDA) -0.6%, Amazon (AMZN) -0.6%, Microsoft (MSFT) -0.7%, Tesla (TSLA) -0.8% Constellation Brands (STZ) is down 5.5% after the maker of Modelo Especial and Corona Extra reaffirmed its comparable earnings per share forecast for the full year. The company also announced the acquisition of SpikedAde, a vodka-based drink brand. Flutter Entertainment (FLUT) is up 3% after Citi upgraded the stock to buy from neutral, saying recent share-price weakness on concerns over Brazil and September US sports results is overdone. Neogen (NEOG) gains 13% after the life sciences firm reported adjusted earnings per share for the first quarter that exceeded Wall Street’s expectations. NetApp Inc. (NTA) is up 1.8% after Evercore ISI upgraded the computer hardware and storage company to outperform from inline, seeing a strong growth outlook. Penguin Solutions (PENG) gains 4.2% after the semiconductor device company reported fourth-quarter results that beat expectations and gave an outlook that is seen as strong. Sigma Lithium (SGML) is up 4% after the company said it has resumed operations after a Brazilian court of appeals upheld its environmental licenses. SpaceX (SPCX) falls 2.4% as the company is in talks with banks and investors to raise $40 billion to buy chips from Nvidia Corp., according to people familiar with the matter.

Premarket movers Mag 7 stocks are mixed: Nvidia climbs 0.6% after partner Hon Hai Precision Industry reported better-than-expected quarterly revenue, pointing to sustained and elevated spending on AI infrastructure (Alphabet unchanged, Amazon -0.1%, Apple -0.2%, Meta -0.2%, Microsoft +0.4%, Tesla -0.3%) US-listed shares of Brazilian companies and firms exposed to the country rally after Flávio Bolsonaro surged to a surprise lead over Luiz Inácio Lula da Silva in the first round of the presidential election. Align Technology (ALGN) slips 2% after Evercore ISI downgraded the medical-device company to inline, writing that “the dental macro picture has meaningfully weakened.” Cenovus Energy’s US-listed shares (CVE) slip 2% after the company agreed to buy Athabasca Oil Corp. at an enterprise value of C$5.7 billion ($4 billion), the latest in a wave of consolidation as Canada’s government seeks to grow energy production. Cerebras Systems (CBRS) is up 4% after OpenAI CEO Sam Altman said the company is “a close partner” of OpenAI and the two firms have “a deep engagement pushing on the frontiers of speed.” DraftKings (DKNG) gains 4% as BofA raises the recommendation on the online sports betting company to buy, with the analyst citing her more positive view of the predictions markets (PM) impact. . Harley-Davidson (HOG) climbs 5% after Citi upgraded the motorcycle company to buy, writing that an acceleration in retail growth is “tough to ignore. Intel (INTC) is down about 4% after a report on discussions of a potential collaboration between Taiwanese chip giant TSMC and Elon Musk’s Terafab, which Intel joined in April. PTC (PTC) surges 36% after Schneider Electric agreed to acquire the company. RXO (RXO) gains 20% after agreeing to be purchased by CH Robinson Worldwide. Shares of CH Robinson (CHRW) are down 7%. Wells Fargo (WFC) inches 1.3% higher after Morgan Stanley upgraded the bank to overweight, seeing “a clearer path to improving profitability in 2027.”

🇬🇧 England vs Norway 🇳🇴 – All Historical Football Matches 1937: Norway 0-6 England 1938: England 4-0 Norway 1949: Norway 1-4 England 1966: Norway 1-6 England 1980: England 4-0 Norway 1981: Norway 2-1 England 1992: England 1-1 Norway 1993: Norway 2-0 England 1994: England 0-0 Norway 1995: Norway 0-0 England 2012: Norway 0-1 England 2014: England 1-0 Norway England wins: 7 Draws: 3 Norway wins: 2