Phone Edition · Family Brief

The Varni Daily

Morning News Brief
Vol. 1 · No. 43 Wednesday, October 21, 2026

Front Page

Reno

Showers and storms arrive this afternoon; rain likely tonight

Reno-area highs 63 to 68 today, falling to 55 to 60 on Thursday; Tahoe highs 52 to 62.

The National Weather Service in Reno forecasts a cloudy Wednesday for the Greater Reno–Carson City–Minden area, with a chance of showers and thunderstorms this afternoon and highs of 63 to 68. Winds turn east at 10 to 15 mph this afternoon. Showers continue this evening, with rain likely after midnight and lows of 37 to 47. Thursday brings showers likely and highs of 55 to 60, then rain Thursday night with west winds gusting up to 40 mph after midnight. Skies clear Friday, and the weekend is forecast clear with highs of 58 to 68.

For the Greater Lake Tahoe area, highs are 52 to 62 today. Showers with possible snow and thunderstorms are likely this evening, with a snow level of 8,500 to 9,000 feet. Thursday highs drop to 44 to 54 with the snow level at 8,000 feet and up to 1 inch of snow accumulation.

Read on NWS Reno

Reno council takes up $22 million Axon police-technology deal

The eight-year contract would add more than 200 license-plate readers, drones and AI tools.

The package would consolidate body cameras, Tasers, in-car cameras and digital evidence storage under one vendor and replace Flock Safety hardware after the city moved to end that contract, KOLO reported. City officials said the change is meant to streamline systems, while the Electronic Frontier Foundation’s Dave Maass criticized expanded surveillance; Police Chief Corey Solferino said the camera network has helped identify suspects. The meeting is at 10 a.m. at Reno City Hall, with public comment.

Read on KOLO

UNR unveils new logo; regents likely to buy North Virginia Street Walgreens

President Brian Sandoval also announced a Tesla training partnership at his State of the University address.

The new logo interlocks the letters U and N with the outline of Nevada and a star for Reno, KOLO reported; Sandoval said it was made by an artist, not with AI. The Walgreens site could become a welcome center, and the Tesla program will train engineers and computer scientists on real-world problems, including robots like Optimus.

Read on KOLO

Wildlife officials warn of mountain lions near Evans Canyon Trailhead

NDOW says recent wildfires may be shifting where animals look for food and habitat.

The Nevada Department of Wildlife advised keeping pets leashed and children close; if you meet a mountain lion, do not run, face it, appear larger and back away slowly, KOLO reported.

Read on KOLO

Two arrested after alleged threat at downtown Reno bus station

Police say an 18-year-old showed what appeared to be a handgun to security on Oct. 12.

Reno police said officers found both men aboard an RTC bus and saw the gun passed to a 19-year-old, KOLO reported. Both face charges including concealing a pneumatic weapon without a permit.

Read on KOLO

Bay Area

Rain bands spread north; Santa Cruz showers likely this afternoon

NWS: San Francisco high near 68 with a 30% chance of showers; San Jose 71 at 50%; Santa Cruz 68 at 70%.

The National Weather Service in San Francisco forecasts a mostly cloudy Wednesday with a chance of afternoon showers in the city, patchy morning fog in the Santa Clara Valley, and showers likely this afternoon around northern Monterey Bay. Showers stay in the forecast tonight and Thursday, when San Jose and Santa Cruz each carry a 70% chance and highs slip into the 60s.

Forecasters say rain bands reach the Central Coast around sunrise and spread through the rest of the Bay Area in the afternoon. Thunderstorms are possible from this afternoon into Thursday morning along the Central Coast, where the Storm Prediction Center put a 2–4% tornado probability on the Big Sur coastline for possible waterspouts. Dry, warmer weather returns Friday and the weekend.

Read on NWS San Francisco

San Francisco’s deadline to bid for PG&E’s local grid

The city offers $3.4 billion; NBC Bay Area reports PG&E will counter at no less than $20 billion.

Tuesday was the deadline for the city to submit a bid to state regulators to run its own power company, NBC Bay Area reported. City Attorney David Chiu called PG&E’s figure “absurdly inflated,” and PG&E CEO Patti Poppe said the city undervalues the assets. The CPUC is setting a fair value, a process that could end up in court.

Read on NBC Bay Area

Valley Water declares a precautionary flood emergency

The move follows Gov. Newsom’s statewide proclamation ahead of a strengthening El Niño.

The declaration lets Valley Water quickly buy equipment, stockpile flood supplies and secure services, NBC Bay Area reported. Crews have done stream maintenance at roughly 150 locations since June; residents are urged to make plans and find sandbag stations at valleywater.org/floodready.

Read on NBC Bay Area

San Jose begins installing 33 speed cameras

Citations, likely starting in February, will range from $50 to $500.

The five-year pilot is authorized under state law AB 645, ABC7 reported. San Jose has recorded 41 traffic deaths this year; San Francisco’s mayor’s office says dangerous speeding fell 84% at camera sites in the first 18 months there.

Read on ABC7

“Freeze AI Now” protesters rally outside OpenAI in San Francisco

About two dozen joined a walkout held across 50 U.S. cities and campuses.

The rallies were organized by the nonprofit Irreplaceable, which calls for a pause on AI development until Congress sets guardrails, KQED reported. The group has not detailed specific legislation it wants.

Read on KQED

Nation

State Department: more than 300,000 visas revoked in Trump’s second term

The department said the pace of revocations has accelerated in recent weeks.

The figure was released Tuesday as part of the administration’s immigration enforcement, Reuters reported.

Read on Reuters

Justice Department plans about 1,000 election monitors for Nov. 3

That is roughly triple the last midterm and would be the largest effort in the department’s history.

States including Minnesota and California plan to track the federal monitors, Reuters reported. A DOJ spokesperson said monitors will be trained not to interfere and will focus on voter intimidation and access; in Nevada, Secretary of State Cisco Aguilar said local law enforcement will be trained to remove monitors who break rules.

Read on Reuters

Social Security corrects records for nearly 15% of active numbers

The agency added 17 million missing dates of death.

The SSA called it the most comprehensive cleanup in its 91-year history, adding missing death and citizenship information as part of an anti-fraud effort, Reuters reported.

Read on Reuters

CDC confirms third measles-related death this year

The U.S. has 4,410 confirmed cases as of Oct. 15.

The toll matches last year’s total, Reuters reported, as the country deals with its worst outbreak in decades.

Read on Reuters

USDA to resume Mexican cattle imports at two more ports

Columbus, New Mexico, reopens Oct. 26; Nogales, Arizona, is targeted for Nov. 30.

Shipments were halted last year to keep out the New World screwworm parasite, Reuters reported; the Nogales date depends on conditions for safe trade.

Read on Reuters

World

Russia releases American Stephen Hubbard during Witkoff’s visit to Putin

The retired Michigan teacher had been sentenced to nearly seven years on mercenary charges.

Witkoff thanked Putin at their St. Petersburg meeting Wednesday, and Putin said Hubbard was at Pulkovo airport, AP reported. The U.S. had designated Hubbard as wrongfully detained. Witkoff met Zelenskyy and European leaders in Oslo on Tuesday and plans to return there; Norway’s prime minister said Russia may be “looking for opportunities for diplomacy.”

Read on AP

Iran says naval mines struck three tankers near Hormuz

The Revolutionary Guards said two were set ablaze and a third exploded.

The IRGC said the ships used routes Tehran considers illegal and that one carried more than two million barrels of crude, AFP reported. Foreign Minister Abbas Araghchi said the strait will stay closed until the U.S. accepts Iran’s terms, The National reported. The U.S. maintains a counter-blockade of Iranian ports.

Read on AFP via Malay Mail

UN: world heading for more warming than projected last year

Current pledges point to about 2.2°F (1.2°C) more warming above today’s temperatures.

The UN Environment Programme cited the U.S. withdrawal from the Paris Agreement and revised historical emissions, AP reported. It said U.S. emissions rose 133 megatons last year, about 70% of the increase among countries whose emissions grew.

Read on AP

Australian lawmaker Helen Haines loses both legs after being hit by an SUV

She was repeatedly hit in her hometown of Wangaratta on Monday in what AP called an apparent act of political violence.

Her husband said she is alive and stable in a Melbourne hospital, AP reported; a man accused of running her over has appeared in court.

Read on AP

Hungary’s Magyar vows accountability for the Orbán era

In his first global-media interview, he said asset recovery is underway.

Magyar told AP the push must follow the rule of law. His Tisza party defeated Viktor Orbán’s Fidesz in April, ending 16 years of rule.

Read on AP

Business

Netflix beats on earnings; shares fall about 6% after hours

EPS of 87 cents topped the 82-cent estimate; revenue matched at $12.87 billion.

Netflix forecast fourth-quarter revenue of $13.44 billion and narrowed its 2026 outlook to $51.1 billion, below the $51.2 billion analysts expected, CNBC reported. It cut 2026 ad-revenue guidance to about $2.7 billion from about $3 billion, citing a slower rollout of some ad products.

Read on CNBC

SpaceX posts first quarterly profit since its June IPO

Revenue of $14.58 billion beat the $13 billion estimate; EPS was 35 cents vs. 13 cents expected.

AI-related revenue of $7.56 billion topped Starlink for the first time, Stocktwits reported via Yahoo Finance. Elon Musk said SpaceX and Tesla have formed special committees of independent directors to explore a merger.

Read on Yahoo Finance

Futures rise as Nasdaq-100 leads; oil holds above $98

As of 6 a.m. ET, S&P 500 futures were up 0.3% and Nasdaq-100 futures 0.9%; Dow futures were little changed.

On Tuesday the Dow rose 1.02% to 52,495.88 and the S&P 500 gained 0.28% to 7,712.57, while the Nasdaq slipped 0.02% to 26,424.82. Brent traded near $109 and WTI near $98, Yahoo Finance reported.

Read on Yahoo Finance

Single-family housing starts plunge; permits at 3½-year low

The Commerce Department report covered September.

Higher mortgage rates suppressed demand, Reuters reported, a day after a builders’ survey showed single-family sentiment at its lowest since June 2012.

Read on Reuters

3M jumps about 6% after beating estimates and raising its outlook

GE Aerospace also beat and raised its 2026 forecast.

Both reported Tuesday, Stocktwits said via Yahoo Finance.

Read on Yahoo Finance

Markets

Trader Market Monitor — Wednesday pre-market: futures higher, Nasdaq-100 leading after SpaceX and Supermicro results; regular session opens 6:30 a.m. PT. Tesla, Meta, IBM and AT&T report today.

Most active volume

SPY and QQQ climbed overnight; DIA was flat.

Retail attention centered on SpaceX, Supermicro, Netflix and GE Aerospace, Stocktwits reported; relative-volume figures were not yet available.

Read on Yahoo Finance

Biggest percentage movers

Supermicro about +17% overnight, SpaceX +6% after hours, Netflix about −6%.

Supermicro rose on preliminary September-quarter figures well above expectations, and 3M closed up nearly 6% Tuesday.

Read on Yahoo Finance

Volatility

VIX closed at 17.31 Tuesday, down 1.13 points (6.13%).

That is the second straight daily drop from 19.99 on Oct. 16, the month’s highest close.

Read on Portfolio Terminal

Unusual activity and catalysts

Power names Bloom Energy, Oklo and NuScale climbed overnight.

The move followed Musk’s comment that power and cooling, not chips, are the main constraints on AI growth, Stocktwits reported.

Read on Yahoo Finance

Technical confirmation and relative strength

The Dow led Tuesday, up 1.02%; the Nasdaq slipped 0.02%.

Wednesday’s futures flip leadership back to tech, with Nasdaq-100 futures up 0.9% versus a flat Dow, Yahoo Finance reported.

Read on Yahoo Finance

Earnings reports

Tesla and Meta report after the close, kicking off Big Tech earnings.

IBM and AT&T also report Wednesday; Netflix, SpaceX, 3M and GE Aerospace reported Tuesday.

Read on Yahoo Finance

Economic data releases

Usual weekly earnings (Q3) at 7 a.m. PT; EIA crude inventories at 7:30 a.m. PT.

A 20-year Treasury bond reopening auction is at 10 a.m. PT.

Read on Macro Bullseye

Fed and central bank events

Long-dated yields stay above 5%: 10-year 5.127%, 30-year 5.439%.

The next FOMC meeting is Oct. 27–28; limited verifiable details from checked sources on Fed speakers today.

Read on Yahoo Finance

Industry and company-specific catalysts

SpaceX and Tesla boards formed committees to study a merger.

Musk downplayed a near-term combination, Stocktwits reported; Tesla reports after today’s close.

Read on Yahoo Finance

Ex-dividend dates, splits, and corporate actions

GM’s $20 billion buyback drew criticism from the UAW and Senate candidate Mike Rogers.

No major ex-dividend dates or splits for Wednesday were confirmed in open sources reviewed.

Read on Reuters