Friday’s big stock stories: What’s likely to move the market in the next trading session

Investors shunned corners of the AI trade on Thursday. The Dow gained more than 550 points, benefiting from the rotation away from some tech names.

Could an Anthropic IPO put your 401(k) at risk? The AI safety debate hits a new dimension. October 16, 2026
Anthropic and New York City’s comptroller have opened a line of communication to discuss “existential risks” posed by AI and what that could mean for the company’s future stock.
Christine Ji
‘I like the idea of a big return’: My financial adviser wants me to invest $350,000 in a UAE data center. Is this risky? October 16, 2026
“I know you’re not supposed to put money you can’t afford to lose into speculative stuff.”
Quentin Fottrell
Welcome to the ‘AI burnout trade’ — as investors grow tired of debating tech’s promises October 16, 2026
AI is likely to pay off eventually, but investors are getting sick of all the hand-wringing over near-term returns, analysts say.
Hannah Pedone
I’m 64 with two sons, but only one works in the family firm. Should I leave him 70% of the business? October 16, 2026
“I have some reservations about the long-term stability of my younger son’s marriage.”
Quentin Fottrell
The U.S. budget deficit just hit almost $2 trillion — and Washington isn’t doing much about it October 16, 2026
The deficit figure is the largest since 2021 and amounts to an estimated 6.2% of U.S. gross domestic product.
Victor Reklaitis
I’m 63 and diagnosed with lymphoma. Should I take my Social Security next year? October 16, 2026
“My plan is to continue working as long as I’m able to do so and invest my Social Security benefits while I’m still earning a paycheck.”
Quentin Fottrell
Here’s how the Fed should reveal its outlook for the economy October 16, 2026
As Chairman Kevin Warsh looks to revamp the central bank’s communication strategy, the dot plot is ripe for change.
Ellen Meade
Elon Musk may have just taken a major step toward consolidating his empire October 16, 2026
Tesla’s newly unveiled flying sports car, which features SpaceX rocket thrusters, could help Musk push for a merger between his two biggest companies, analysts say,
William Gavin
Are we spending our retirement money in the right order? Our plan is: Social Security, annuities, cash — then IRA. October 16, 2026
Spending all your cash first can make your income surge in later years.
Beth Pinsker
Many of 2026’s hottest stocks have seen dramatic comedowns this week October 16, 2026
Many of the best-performing stocks of 2026 fell this week, while this year’s biggest losers also changed course,
Philip van Doorn