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Paramount-Warner Deal Closes with $79B in Debt, Pepsi Cuts Its Outlook

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Market update for October 8, 2026

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In today’s episode, Zaid covers:

  • What the highest Treasury yields since 2002 are doing to stock prices

  • Why PepsiCo lowered its outlook even after beating estimates

  • Paramount and Warner Bros. finally become one company, and the bill comes due

  • Palantir gets an upgrade from Goldman Sachs

  • Levi's earnings get a boost from tariff refunds 

  • Webull slides after a House report on its ties to China

  • Halloween's biggest spending category (hint: it's not candy)

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