9AM HOUR: AI Trade Rebounds, Telecom Tumbles on SpaceX Spectrum Deal, Apple Slides 10/9/26
Carl Quintanilla and Jim Cramer led off the show with the AI trade rebounding after the worst day for tech since August — the decline was sparked by reports of weaker-than-expected revenue at OpenAI.
SpaceX shares rose after the company announced its spectrum deal to launch Starlink as a player in the mobile space. AT&T, Verizon and T-Mobile share tumbled on that news. Hear what Delta CEO Ed Bastian told CNBC about Elon Musk warning him he would "lose his job" for passing on Starlink wi-fi for the airline. Also in focus: Apple shares fall on a report involving demand for the iPhone 18 Pro…
The skinny
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