Happy Thursday! When Warren Buffett and Nancy Pelosi both back the same four stocks, it’s more than a coincidence — it’s a major signal. Read on to uncover the four shared stocks and why they might deserve a spot in your portfolio.

Also, American Express is set to report Q3 earnings Friday morning, and the pressure is on — not just from Wall Street, but from one of its biggest believers: Warren Buffett. With high expectations, this could be a make-or-break moment. Read on for all the insights and analysis.

In Today's Edition

• MARKET RECAP

• MARKET HEATMAP

• FIVE ZINGERS

• MARKET HISTORY

• ONE FOR THE ROAD

Nancy Pelosi And Warren Buffett Are Betting On The Same 4 Stocks — Here's What They Know

When Warren Buffett and Nancy Pelosi both back the same four stocks, it’s more than a coincidence — it’s a major signal.

With Wall Street’s sharpest investor and one of Washington’s most scrutinized traders in rare alignment, the smart money is paying close attention. Read on to uncover the four shared stocks — and why they might deserve a spot in your portfolio.

Wall Street’s Elite Are Betting Big On These Stocks

What’s Wall Street buying right now? Benzinga Edge gives you instant access to ratings from 1,000 top analysts. From Goldman Sachs to Morgan Stanley and more — discover which stocks the smart money is piling into… and potentially profit alongside them.

Yesterday: U.S. indexes ended mixed Wednesday, with the S&P 500 up 0.4% and the Nasdaq rising 0.7%, lifted by strong earnings from major banks. The Dow closed slightly lower, while the Russell 2000 broke out to a new high, reflecting strength in small-cap names as Wall Street expects continued rate cuts. Investors also continue to monitor the ongoing U.S. government shutdown, now in its third week, which has paused key economic data releases. Fed Chair Jerome Powell hinted yesterday about a rate cut at the next meeting (October 29), citing growing risks to the labor market, though he acknowledged inflation still remains above the central bank’s 2% target.

On Our Radar: With the government shutdown ongoing, a number of key reports are delayed, leaving just the Philadelphia Fed manufacturing survey, as well as several Fed speakers (Barkin, Miran, Waller, Bowman) throughout the day. On the earnings front, all eyes will be on American Express (AXP), which will report earnings before the market opens on Friday.

Shares of Bank of America and Morgan Stanley soared after topping Wall Street estimates, and gold jumped to $4,200 and is on track for its 13th gain in the past 15 sessions. Here’s a look at some of the biggest winners and losers on Wednesday.

Discover how the market is moving with our interactive heatmap. Filter by market cap, or click on any box to explore specific sectors or assets in more detail.

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On This Day In 1923…

Walt Disney and his brother Roy founded what would eventually become The Walt Disney Company, marking the start of one of the most iconic and influential entertainment empires in American history. After their first small studio agreement, Disney evolved into a global powerhouse, reshaping not only animation, but theme parks and media networks too. As of today, Disney has a market cap of more than $200 billion.

QUOTE OF THE DAY

“You must force yourself to consider arguments on the other side.“

— Charlie Munger

American Express Q3 Preview: Can This Warren Buffett Favorite Deliver Another Double Beat?

American Express is on deck to report Q3 earnings Friday morning, and Wall Street is watching closely. With rising revenue expectations and ambitious product refreshes, the stage is set for a potentially pivotal quarter.

As one of Warren Buffett’s biggest bets, AXP has a lot riding on this report, but will the iconic credit giant continue its winning streak or face a reality check? Read on for the full story to see what analysts are betting on — and what you should be watching.

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