Nasdaq futures surge 220 points: 5 things to know before Wall Street opens on Oct. 9

Impact · against what's priced in

The SpaceX spectrum acquisition is a catalyst for telecom multiples as it validates the structural threat the market was previously only guessing at. For Nvidia, the OpenAI revenue update stabilizes the AI capex narrative, though it largely confirms the growth trajectory the current valuation already demands.

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Challenges what's priced in

The price assumes

The assumption that Starlink's direct-to-consumer mobile service faces enough operational and regulatory hurdles to prevent near-term subscriber collapse.