Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching as the three major averages posted a third consecutive winning day, and what’s on the radar for the next session. Big data live on the big show: ‘Squawk Box’ starting at 6 a.m. ET with Becky Quick, Joe Kernen and Andrew Ross Sorkin Initial jobless claims: The Dow Jones consensus estimate is 200,000. Personal income in September: The Dow Jones consensus estimate sees a gain of 0.3%. Consumer spending: The Dow Jones consensus calls for an increase of 0.6% in September. Personal Consumption Expenditures price index: The Dow Jones consensus sees a gain of 0.5% on the month. PCE year over year: The Dow Jones consensus estimates a rise of 3.7%. Following the Federal Reserve Two of the biggest voices on bonds were only on CNBC Wednesday. CNBC’s Brian Sullivan spoke with Treasury Secretary Scott Bessent on several topics. Highlighting AI debt here, he said, “I don’t think it’s problematic at all because we’re seeing the neoclouds are a small component of the overall ecosystem, and we’re still seeing the financing getting done. We’re still seeing the deals get done and we’re also seeing companies like Meta decide to finance with equity.” On the same topic, CNBC’s Scott Wapner spoke with DoubleLine’s Jeffrey Gundlach. He said, “We’re running into a problem that the market isn’t accepting the ratings that are being put on some of these AI-adjacent businesses and this reminds me a little bit of how the market started to behave regarding, say, triple-B subprime.” Gundlach also started the December rate debate, saying, “Base case is probably a hike in December.” The 10-year Treasury yield ended the day at 5%, little changed on the day. The two-year yield is at 4.691%. The one-year yield is 4.482%. The six-month yield is 4.334%. The three-month yield is 4.109%. The one-month yield is 3.98%. The iShares iBoxx High Yield Corporate Bond ETF (HYG) has a dividend yield of 6.06%. The iShares 0-5 Year High Yield Corporate Bond ETF (SHYG) has a dividend yield of 7.13%. The State Street SPDR Bloomberg High Yield Bond ETF (JNK) has a dividend yield of 6.79%. The Fidelity Corporate Bond ETF (FCOR) has a dividend yield of 4.8%. US2Y YTD mountain U.S. 2-year yield in 2026 Caterpillar reports live on ‘Squawk Box’ in the 6 a.m. hour Shares are down 15% in three months. Caterpillar is down 33.5% from the June high. This CAT’s been jumping, though. Shares are up 36% in a year, partly due to artificial intelligence data center construction. Merck reports live on ‘Squawk Box’ in the 6 a.m. hour Shares are up almost 7% in three months. Merck is down 10% from the August high. MRK 3M mountain Merck in the past three months Microsoft The software giant beat estimates on the top and bottom lines in the fiscal first quarter. Shares are up 3% after hours. We’ll have more coverage starting at 5 a.m. on ” Morning Call ” with Morgan Brennan. Microsoft is off about 3.5% from the high, The neoclouds Isabel O’Brien on CNBC.com added to Wednesday night’s coverage as neoclouds drop on Microsoft’s lower than expected capex number. That means they’re spending less. Click here to read the story . CoreWeave is down about 4% after hours. The stock is down 54% from the high. Nebius is down about 5% after hours. Shares are off 40% from the high. Iren is down about 3% after hours. The stock is down 62% from the high. We’ll have more on these stocks Thursday morning on “Morning Call.” CRWV 1D mountain CoreWeave in the past day Alphabet The internet giant missed estimates in its third quarter report . Alphabet shares fell about 10% in extended trading. We’ll have it covered from A to Z, starting at 5 a.m. on the East Coast. The stock is off 21% from the May high. Chipotle ” Mad Money ” man Jim Cramer went deep on the popular burrito chain after its earnings missed expectations, but the company said same-store sales were rising . In an interview, CEO Scott Boatwright told Cramer, “We are still in the early days of this strategy.” He added, “We feel front-footed in a challenging environment.” Shares are up 7% after hours. The stock is down 30% from the January 2026 high. We’ll be tracking Chipotle on Thursday. Rivian The electric truck company reports Thursday afternoon. Rivian shares are down 30% in three months and off 50% from the Dec. 22 high. Amazon and Intel report on ‘Closing Bell: Overtime’ Thursday in the 4 p.m. hour Amazon is up 10% in three months. The stock is down 11% from the August high. Intel is up 10% in three months. The stock closed at $95.53 Wednesday, and it’s off 33% from the June high.
