Apple (AAPL) picking season is officially upon us.

Just a week after grabbing headlines with its new smart home product, the tech giant sent invites for an Oct 28 event in LA, cheekily dubbed "Pro & Tell”. Analysts expect new Macs, possibly including the company's first touchscreen laptop.

Back in 2018, Apple's software chief argued touching a laptop screen would wear users out. But it’s been a year of about-faces for a company that resisted foldable phones and countertop home devices for a near-decade too.

Just another reminder than historical precedence is no guarantee of future results.

— Brooks & The Street Sheet Team

📈 | Cleveland-Cliffs (CLF) soared after topping Q3 earnings estimates.

📈 | Intel (INTC) notched a JPMorgan (JPM) upgrade on solid management execution.

📉 | CoreWeave (CRWV) slumped again on credit concerns, reversing course midday despite a Goldman Sachs (GS) upgrade.

📈 | Marvell (MRVL) led a chip rebound as the sector snapped a nine-day losing streak.

📈 | Blue Owl Capital (OWL) rose on a report that bankers approached it about a potential sale.

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Datadog's AI fan club just added a member.

Bernstein upgraded the surging cloud monitoring company to Outperform, pointing to its "Born in AI" customer base as the key demand driver.

Analyst Peter Weed thinks those AI-native clients could make his firm's own long-term forecast look conservative.

Weed's alternative data suggests enterprise token consumption grew at least 50% quarter over quarter among the largest AI labs. Smaller AI-native customers may be growing even faster.

He also sees new consumer AI agents driving up engagement, which could lift observability needs for Datadog's traditional customers too.

The main downside risk, per Weed, is big customers eventually moving monitoring in-house or to open source tools. He sees that as a longer-term issue, since fast-growing AI labs lack the bandwidth to build their own for now.

The Street is already barking up the same tree. Of the 49 analysts covering the stock, 46 rate it a Buy or Strong Buy.

Shares have run very hot this year, up nearly 100% since January. But Bernstein thinks Datadog has still got that DDOG in it.

🚀 Elon Musk pledged to give every US child one share of SpaceX (SPCX) next year.

🏦 JPMorgan has financed $230B in national security projects in the first year of its $1.5T initiative.

🇨🇳 China's economy grew 4.5% in Q3, fueled by robust exports.

🏛️ Investors eyeing Anthropic's IPO should be aware of an obscure trust that can appoint 4 of 7 board members.

🕵️ US federal officials say the ex-OpenAI engineer accused of bugging the ChatGPT-maker frequently messaged a Saudi royal.

Do you own any shares of Mobileye Global (MBLY)?

▇▇▇▇▇▇ 🐂 Yup, I’m holding

▇▇▇▇▇▇ 🐻 Nope, not interested

▇▇▇▇▇▇ 👀 No, but I’m interested

And, in response, you said: