Anthropic filed its S-1 to go public and tech caught a bid on day one of the biggest earnings week of the year: Tesla jumped 5.23% on a Barclays upgrade to a $450 target, Nvidia rose 2.38%, and the S&P 500 closed up 0.70% at 7,676.77 while oil cooled.
Recap
The relief rally broadened on Monday. At the official closes (Robinhood), SPY rose 0.70% to $765.29, QQQ rose 1.10% to $712.12 and DIA rose 0.31% to $522.97. The S&P 500 index printed 7,676.77 (+0.70% vs Friday's 7,623.68 close) and the Nasdaq-100 printed 29,273.40 (+1.09%), with the VIX down at 18.39 from 19.45 on Friday (Robinhood index quotes; CNBC confirmed the S&P close). Tech led after Anthropic filed its S-1 paperwork to go public — revenue of $16.3 billion and a net loss of $80.7 billion in the six months through June, versus $1.2 billion and $13.0 billion a year earlier (S-1 via StockTitan; CNBC). Oil kept cooling: WTI crude fell just under 1% to around $102.35 a barrel and the 10-year Treasury yield was nearly flat at 4.99% (Investor's Business Daily). Surgery Partners soared 47.62% to $23.25 after confirming it will be acquired for approximately $5.7 billion (Robinhood close; WSJ). Brazil-linked names went the other way after President Lula won a fourth term on Sunday: the iShares Brazil ETF (EWZ) fell 19.83% to $34.15 and MercadoLibre fell 7.81% to $1,668.72 (Robinhood closes; CNBC).
Mag 7 on Monday, with Tesla out front on a Barclays upgrade. Source: Robinhood official closes, October 26, 2026.
The Mag 7 split on Monday (Robinhood official closes): Tesla $391.69 (+5.23%) led the group after Barclays analyst Dan Levy upgraded the stock to buy from hold and raised his target to $450 from $370 (CNBC; The Motley Fool). Nvidia rose 2.38% to $215.99, Microsoft rose 1.57% to $532.75 and Amazon rose 0.41% to $249.01. Meta fell 1.89% to $630.47 — the group's laggard on the day its filings detailed a roughly $95 billion financing plan for AI infrastructure, about $35 billion of underwritten offerings plus a planned $60 billion at-the-market program (SEC filing) — while Apple fell 1.08% to $343.98 and Alphabet fell 1.04% to $316.89. Elsewhere in tech, Arm rose 6.19% to $223.35 and Cisco rose 3.53% to $110.26, while Merck fell 3.22% to $140.59 as the Dow's worst laggard (Robinhood closes; Investor's Business Daily). Micron rose 2.98% to $903.70 and Broadcom rose 2.37% to $329.29 (Robinhood closes).
Watch tomorrow: whether the Anthropic-led tech bid and Tesla's 5.23% jump hold into Tuesday, the after-close reactions from Cadence Design Systems and Nucor, and the run into Wednesday's Fed decision and Alphabet and Microsoft earnings.
The OnDeck Book
Trading rose 2.75% on Monday and Agentic rose 0.58% (percent only) vs SPY +0.70%, QQQ +1.10% and DIA +0.31% (Robinhood portfolio pull, ~4:35 PM ET). Account core portfolio equity $52,781.49 vs a $51,366.71 adjusted prior close — day change +$1,414.78 (Robinhood portfolio pull, 4:35 PM ET). Total equity (summary) $61,189.76, buying power $34,598.75, settled cash $14,289.21 (live cash including today's option-sale proceeds reads $18,943.49), options market value $4,416.00 and API futures market value $0. Positions (official Oct 26 closes, Robinhood): SPCX 150 shares, avg cost $132.1302, closed $146.90 (-0.40% on the day, +11.18% vs avg cost), unrealized +$2,215.47; SOFI 200 shares, avg $17.0975, closed $14.47 (-1.03%, -15.40% vs avg), unrealized -$526.50; QUBT 700 shares, avg $8.21, closed $6.42 (-2.13%, -21.80% vs avg), unrealized -$1,253.00. Options (marks at the Oct 26 close, Robinhood): NVDA $215 calls expiring Oct 28 — 5 long, clearing cost $935 total ($1.87 per share) vs a $3.08 mark, market value $1,540.00; SPCX $152.50 calls expiring Oct 28 — 11 long, clearing cost $1,960 total ($1.78 per share) vs a $0.70 mark, market value $770.00; NVDA $215 calls expiring Nov 4 — 2 long, clearing cost $880 total ($4.40 per share) vs a $5.53 mark, market value $1,106.00; SPCX $148 calls expiring Nov 6 — 2 long, clearing cost $1,100 total ($5.50 per share) vs a $5.00 mark, market value $1,000.00. Orders: sold to close 15 NVDA $215 calls (Oct 28) — 10 at $3.13 and 5 at $3.05 — for $4,655.00 gross proceeds; realized +$210.00 gross of fees on a FIFO basis (verified ledger: -$215.00 on the first 10, +$425.00 on the 5). No equity fills in either account. Futures: none (fully closed Oct 22). Crypto: ETH 3.6 coins, clearing cost basis $8,608.00, mark $2,309.53, indicative value $8,314.31; dust: DOGE 1.0, USDC 0.00993, CC 1.0.
Updated Oct 28 with verified figures.
Monday's standouts: Surgery Partners soared on its take-private deal while Brazil names sank on the election. Source: Robinhood official closes, October 26, 2026.
Sources: Robinhood (official closes, index and crypto quotes, portfolio pull), SEC filings via StockTitan (Anthropic S-1, Meta financing plan), CNBC (index closes, Anthropic filing, Barclays Tesla upgrade, Brazil election reaction), WSJ (Surgery Partners take-private), Investor's Business Daily (WTI, 10-year, Merck), The Motley Fool (Barclays target detail). No buy or sell advice.