Washington can't agree on much these days. But ahead of the midterms, most voters have at least one thing in common: they really don't like data centers.

From Texas to Michigan, candidates in both parties are scrambling to look tough on the AI buildout, with some now backing outright moratoriums.

The AI boom finally delivered bipartisanship. Just not the kind anyone pitched to investors.

— Brooks & The Street Sheet Team

📈 | JetBlue Airways (JBLU) expects wider Q4 margins despite soaring fuel prices.

📉 | Boeing (BA) posted a wider-than-expected Q3 loss.

📈 | Pentair (PNR) beat Q3 estimates and lifted full-year revenue guidance.

📉 | Xylem (XYL) missed Q3 estimates and cut full-year guidance.

📈 | Celestica (CLS) raised full-year earnings guidance above consensus.

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Anthropic filed to go public on the Nasdaq under the ticker ANT. For analysts, the accompanying 300-page document was a Rorschach test.

Bulls see 1,300% annual sales growth, 900% net revenue retention and a valuation target reportedly up to $2T. Bears see an $80.7B first-half net loss, hundreds of billions in compute commitments, and 90+ pages of risk factors.

But there’s another stock that could benefit from the blockbuster IPO, and it’s a much easier read.

DA Davidson's Gil Luria upgraded Broadcom to Buy, arguing shares price in near-zero odds that Anthropic and OpenAI both go public and raise the capital to keep Broadcom's targets on track.

Broadcom sits on both sides of the ledger. A bank-backed vehicle will finance $63B in Broadcom AI chips for Anthropic, and Broadcom itself may lend Anthropic up to $42B.

Luria expects the IPO to proceed, which should let Broadcom hit expectations for the next couple of years. Raymond James (RJF) goes further, projecting Anthropic becomes Broadcom's largest XPU customer in fiscal 2027.

Wall Street is already crowding the picks-and-shovels trade. Of the 51 analysts covering Broadcom, 48 rate it a Buy or Strong Buy.

Yet shares are still in the red year-to-date. Investors can keep arguing about ANT. But it’s looking like all green lights for AVGO.

🛒 Early Q3 earnings show a resilient US consumer despite high fuel prices, with some signs of strain.

📊 The Conference Board's consumer confidence index rebounded 7.5 points to 91.7 in October as gas prices eased.

🏷️ Dollar General (DG) was sued by the FTC and 20 states for charging more at the register than on shelves.

🚗 Honda (HMC) warned a planned 50% tariff on Canadian autos would be catastrophic for the industry.

💰 "Buy, borrow and die" lending has ballooned into a $5.4T market as it spreads beyond billionaires.

Do you own shares of Estée Lauder (EL)?

▇▇▇▇▇▇ 🐂 Yup, I’m holding

▇▇▇▇▇▇ 🐻 Nope, not interested

▇▇▇▇▇▇ 👀 No, but I’m interested

And, in response, you said: