Wednesday, September 30: Boeing F/A-XX. Robinhood perps. Copper draws.

The Triple Tape — Wednesday, September 30, 2026. Morning markets: stocks, crypto, and metals.

Takeaway: Boeing wins the Navy F/A-XX development contract for more than $20B and beats Northrop; Robinhood plans U.S. crypto perps (up to 10x BTC/ETH) plus in-app Agents; copper inventories draw on LME, SHFE warehouse receipts, and SMM social stock ahead of 8:30 PCE and GDP third.

• Robinhood to launch U.S. crypto perps (10x BTC/ETH; 3x SOL/XRP/DOGE/ADA/LINK/HYPE) via Bitstamp + in-app Agents (The Block / CoinDesk)
• Kalshi ends Volume Incentive Program no earlier than Oct. 13 amid wash-trade scrutiny; Sep volume ~$52.98B (The Block)
• SlowMist/Mandiant Bitget forensics: Aug. 31 foothold via third-party zero-day; ~2h52m drain; no keys stolen (Bitcoin.com / Crypto Times)
• House Oversight Chair Comer letters to Crypto.com, Hyperliquid, PredictIt — KYC/geo/suspicious trades due Oct. 13 (Oversight / The Block)
• Bitwise first U.S. spot NEAR ETF (NRR) on NYSE Arca; 0.75% fee; in-house staking (Bitwise / The Block)

Tape (CMC ~5:04 a.m. ET): PUMP $0.005796 (+15.04%); LIT $3.80 (−14.90%); QNT $284.18 (+12.92%). BTC ~$83,120 (−0.82%); ETH ~$2,671 (−1.36%).

• Boeing wins Navy F/A-XX full-scale development (>$20B); beats Northrop (Boeing / CNBC)
• Salesforce to acquire Listen Labs (AI customer research); price not disclosed (Salesforce)
• SoundThinking → Transom take-private: $8 cash + CVR up to $3 (SoundThinking IR)
• Caterpillar to acquire Fabick Cat dealership (MO/IL/WI/UP Mich.); ~30-day close; price n/d (Caterpillar)
• Scholastic buys Cottage Door Press ~$71M (Scholastic / PR Newswire)

Earnings: CNXC Q3 rev miss / non-GAAP EPS $2.92 + $1.05B goodwill + FY guide cut. CCL Q3 adj EPS $1.43 / FY ~$2.24. KMX Q2 EPS $1.16 (+81% YoY); resume buybacks.

Tape (~5:05 a.m. ET vs Tue regular): CNXC −10.77%; NOC −3.49%; BA +3.10%.

• LME Cu stocks Sep 29: 250,475 t (−875) (Westmetall)
• SHFE Cu warehouse receipts Sep 29: 10,732 t (−2,693) (99期货)
• SMM China social Cu ~70,000 mt (−1,100 WoW) as of Sep 30 (SMM)
• Gold Fields weighing cash sweetener for Northern Star; Fraser pitches ~$3.5b tax of $7b synergies — no revised offer filed (Bloomberg / AFR)
• Selkirk Copper Minto North: 9.27% Cu / 15.11% CuEq over 5.4 m (Selkirk)

Tape (Kitco spot ~5:02–5:05 a.m. ET): Silver $60.99 (−0.57%); Platinum $1,711 (+0.47%); Gold $4,191.50 (+0.25%).

8:15 ADP Sep; 8:30 Personal Income/Outlays + PCE (Aug) + annual NIPA update + GDP Q2 third + corporate profits + advance goods trade/inventories; 9:45 Chicago PMI. Afternoon: Barkin, Cook, Goolsbee, Kashkari. Tue printed: JOLTS openings 7.079M; Conference Board confidence 81.9; Case-Shiller +2.5% y/y; FHFA +0.3% m/m. Week: Thu ISM; Fri payrolls.