$TSLA reports tonight, and humanoid robotics stocks have already moved sharply higher this week in a choppy tape, leading us to revisit our notes from Agility Robotics’ 2026 Investor Day. More in today’s Market Memo (10/21/2026):

🤖 AI Signal (SOL) $JPAD CA: 4mbPZzDCWXvTCJbscMWeDD7TT1pra9mkZHGaBxc2jupx JUP PAD, the Jupiter-launchpad coin trading as JPAD on Solana, was nineteen and a half hours old at our signal and had already printed +175% in the hour before. The wallet list is the oddest part: 106 wallets are flagged as bundlers and still hold, while fresh wallets made up 113 of the holder base at signal, a pattern our notes called possible control of the float. Almost every post quoting the symbol also quotes the contract, so the talk is about this JPAD; one post is same-name noise. Attention is thin: nine posts from eight accounts, none above ten thousand followers. The biggest is @ImThat84499120 at 1451 followers; @champleve_cell, near a thousand followers, pushes a vote for JPAD. Since our signal, buys have run two to one over sells, with $14.3K traded in five minutes on Meteora, or 0.20x market cap. In the first seconds after the signal our snapshots show the market cap slipping off its high, a -15% move by the last of them. On safety, mint and freeze authority are both renounced. Concentration is what matters: the top ten wallets hold 21.5%, an automated-trading share of 51.6% means much of the flow is bots, and the bundler group from our signal is still there. The deployer has this one token to their name in our data, and their wallet holds none of it now. Smart money is thin. Three smart wallets bought at our signal for a combined $866, and five hold now. Our verified set shows nothing, and no KOL wallets have bought. 📊 @ +19.5 h: MC $69.1K · Holders 157 · 1h +175% · 1h Vol $21.2K 📈 now (+42 s): MC $70.5K · Holders 216 · 5m buys/sells 112/52 · 5m +10% Signals TG: @ memmememjk Not financial advice. Analysis only · DYOR · Path since our signal (+98s, 5s ticks): $75.6K -> $65.8K (0.87x now, peak 1.00x at +7s) ⭐ AI score 98/100 (death-risk only; no gold-dog model for this token type yet) Rug screen (60s model): Low risk. Similar tokens: 23% fell 70%+ within 10 min, 40% were dead within 1h (n=2020, last 10d) #Solana# #memecoin#

ASIC Warp-Up 📈Stock Picks: maintains a positive view on MRVL, MTK, and Intel following recent earnings, supply chain checks and our recent notes. 👊Nvidia vs. ASIC: Nvidia's CoWoS share at TSM will remain stable in 2027; Nvidia Vera Rubin outperforms competitors in performance/TCO/supply chain. * TPU Dynamics: On June 14 report, we lowered Broadcom's Sunfish volume for 2026/27 due to packaging re-design and set 460k CoWoS (ASIC) in 2027; MTK Humufish (which leads in N2 vs Whalefish) potential launch in 4Q27 suggesting the window for Broadcom’s CoWoS back to TPU could be only in 1H26. Expect Humufish tape-out in around Nov-2026 with a not too high passing rate. * Google Custom Silicon: MRVL expects meaningful contributions from Google CXL and DPU (~$3bn each by 2028), with an MPU start on TSMC N2 yielding $3bn+ in CY28 revenue. * AWS Trainium: Reit MRVL T3 of $1bn/$2bn in CY26/27 and likely >$3bn from T4 in CY28 with a much higher ASP and better NPO scale-up. * Intel Backend Packaging: Reit Intel's FY27/FY28 back-end revenue forecast of $1.1bn/$7bn, supported by AWS T3 EMIB-T and Google Humufish/Triggerfish volumes through 2H27-2028. We expect more wins for U.S. fabless including MSFT, QCOM, MRVL, with products across ASIC, CPU and CPO. ABF substrate to greatly benefit from EMIB. #NVDA# #ASIC# #MRVL# #Mediatek# #SMTC# #INTC# #ABF#

PSA: Game functionality will be migrated off of the Blast and Abstract chains on October 19th at 11am ET. Game treasuries and unclaimed Duel Arena stakes on these chains will be moved to @base and @ethereum mainnet as part of the migration to prevent loss. Expect 30min of downtime during this transition. Contracts for our upcoming Genesis MMO are not yet deployed, and will not be affected. For more info, see our patch notes for this update:

WOLFSPEED $WOLF Q4’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $149.6M (Est. $224M) 🔴 🔹 Adj. EPS: -$2.26 (Est. -$2.45) 🟢 🔹 Gross Margin: -25% 🔹 Free Cash Flow: -$60.9M (Est. -$108M) 🟢 Q1 Guide: 🔹 Revenue: $140M-$160M (Est. $150M) 🟡 🔹 Non-GAAP Gross Margin: Negative 🔹 Non-GAAP OpEx: $62M-$66M Segment Net Revenue: 🔹 Power Products: $106.3M 🔹 Materials Products: $43.3M Other Q4 Metrics: 🔹 Net Loss: -$145.4M 🔹 Operating Loss: -$115.4M 🔹 Adjusted EBITDA: -$62.4M 🔹 AI Data Center Revenue Growth: +20% QoQ 🔹 Cash & Investments: $1.1B Key Updates: 🔹 Launched: Fifth-generation SiC MOSFET 🔹 Board Appointment: Andy Mattes Comments: 🔸 “strong growth in AI data center applications and the launch of our fifth-generation SiC MOSFET” 🔸 “During the fourth quarter, our capital structure further improved as holders of $46 million of our convertible notes exercised a voluntary conversion of their debt to equity”

FIFA World Cup 2026™ ⚽️ is coming — and we're making sure the conversation stays open, exciting, and safe for fans everywhere. At X, we act fast on abuse, targeted harassment, violent threats, doxxing, hateful conduct, scams, etc. while protecting freedom of speech. Here's how we’re preparing for the biggest football event on the planet! Rapid Enforcement, with Player & Fan Protection: - 24/7 proactive detection. - Easy in-app reporting: Tap the ⋯ Menu > Report > Hate, Abuse or Harassment (or any other policy violation). - Our Safety team has directed resources toward immediate response for high-priority categories of potentially violative content. Top tip: use muting, blocking, and personalized safety settings to control your user experience. Community Notes: Our crowd-sourced tool has already proven effective during major events, adding context to misleading claims, rumors, and viral moments in real time. Users like you power it! Football unites us – so let's keep the global conversation vibrant. Report violations, use Community Notes, and enjoy the matches responsibly. Check our Help Center for more information:

Our latest patch notes are on the way, here's what you need to know! 📜 Dive in now to discover all the new content, changes, and more heading your way with the release of Season 11 of Marvel Rivals. Link: *Maintenance will begin on November 13th, 9 AM UTC, and is expected to take approximately 2 hours. *Please note that servers will be offline during this period, and the game will be inaccessible. *Server return times may vary based on progress. Stay tuned for updates as we'll announce when they're back up on all social platforms!

Our latest patch notes arrive on July 10th alongside the release of Season 9 of Marvel Rivals! 📜 Check out all the latest changes, tweaks, and fixes arriving now: Keep the battlefield ignited, Rivals. A new dawn of Marvel Rivals approaches. *Maintenance will begin on July 10th, 9 AM UTC, and is expected to take approximately 2 hours. *Please note that servers will be offline during this period, and the game will be inaccessible. *Server return times may vary based on progress. Stay tuned for updates as we'll announce when they're back up on all social platforms!

When S&P rated the notes in our securitization as investment grade, it was rating our loans, not our marketing. It was looking at the loans in the ABS. Those loans were originated the same way every Ledn loan is, with discipline. That discipline, not a rating, is what you get when you take out a loan with us.

Elon Musk points out that the Sun produces roughly a billion times more energy than everything on Earth combined. He uses this comparison to show just how much energy is available beyond our planet. Musk notes that becoming a spacefaring civilization could unlock an entirely different scale of energy.