Panelists on the Market Hang segment of Wall Street Skinny discuss the next “canary in the coal mine” for AI sentiment. Kristen Kelly is watching Anthropic's S1 filing and whether Anthropic and OpenAI can turn revenue growth into profits and cash flow. Amy Wu Silverman of RBC Capital Markets flags a highly dispersed market with low correlation and suppressed VIX, warning that any rise in correlation could unwind trades that sell volatility. Kevin Mahn of Hennion & Walsh sees two risks: Hormuz staying closed well past the midterm elections, keeping oil above $100 and possibly $110 a barrel, which could push the Federal Reserve to raise rates; and memory chips, where Micron's backlog could signal demand for Nvidia.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Keywords
artificial intelligenceAnthropicoil pricesStrait of HormuzFedMicron
Open a keyword to see other news on the same topic.
Related tickers and likely impact
NVDA
• NeutralNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.2T |
| Close on 10/19/2026 | 217.09 |
| Change that session | +1.38% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Asian Markets Trade Mostly Lower
Asian stock markets were mostly lower on Tuesday after mixed cues from Wall Street, as elevated crude oil prices, ongoing hostilities in the Middle East and Eastern Europe, and inflation concerns pushed global yields higher. Iran continues to assert control over the Strait of Hormuz, with ship attacks more frequent than at any point in the war. Markets expect the US Fed to hold rates next week while pricing in roughly a 94% chance of a rate hike in December. Australia’s S&P/ASX 200 fell 0.72% to 8,782.00, led by miners and financial stocks, while National Australia Bank plans to cut 2,500 jobs and Ingenia Communities jumped more than 10% as it negotiates with Warburg Pincus over a $2.14 billion takeover offer. Japan’s Nikkei 225 fell 0.62% to 64,512.35 in the morning session.
- 7 highlights from JD Vance CBS News town hall
Vice President JD Vance took voter questions during an hour-long town hall hosted by CBS News and aired on Saturday, with anchor Tony Dokoupil moderating. Vance argued that the Trump administration's economic and Iran policies will pay off over time, but acknowledged that fixing the economy will take more than 18 months. He said he has not decided whether to run for president in 2028, though he is widely viewed as an early frontrunner in the Republican primaries. On energy, he admitted gas prices are too high and pointed to Iran's attacks on oil tankers and the risk of Iran controlling shipping through the Strait of Hormuz. The discussion also reflected voter concern about cost of living, as inflation remains above the Federal Reserve's 2% target.
- 7 highlights from JD Vance CBS News town hall : Iran , immigration , corruption and 2028 plans
At an hour-long CBS News town hall in Michigan, Vice President JD Vance argued that the Trump administration's economic and Iran strategies will pay off over time, while acknowledging that cost-of-living concerns weigh heavily on voters. He said he hasn't decided whether to run for president in 2028, though he is widely seen as an early frontrunner for the Republican nomination. On the economy, Vance said the country is "turning the ship around" but that fixes will take time, as inflation remains above the Federal Reserve's 2% target. Gas prices have stayed high amid the Iran conflict and Iran's attacks on oil tankers, and Vance warned about the risk of Iran controlling shipping through the Strait of Hormuz.
- Gold Prices Fall for Third Session as Oil-Driven Inflation Concerns Shift Focus to Fed Rates
Spot gold fell 0.4% to $4,123.32 an ounce and gold futures slipped 0.5% to $4,141.09, extending losses to a third straight session as oil-driven inflation concerns push traders to reassess Fed policy. Brent crude traded above $110 a barrel, near its highest level in about five months, amid supply worries after reported attacks on vessels near the Strait of Hormuz and Houthi claims of strikes on Saudi energy infrastructure. A hotter-than-expected U.S. CPI, driven by gasoline and diesel prices, has raised the risk that rates stay high for longer. CME FedWatch implies an 83% chance of no change at the October 27–28 meeting and a 94% chance of a rate hike in December, with the PCE inflation report due after that meeting.
- U . S . stocks sink amid tech sell - off , surging oil prices
U.S. stocks ended lower Friday as tech shares sold off sharply and crude oil surged after renewed strikes around the Strait of Hormuz. The Dow fell 0.34% to 52,002.41, the S&P 500 lost 1.09% to 7,659.44, and the Nasdaq Composite dropped 2.15% to 26,140.03. Technology and communication services led the declines, while energy gained 2.47%. Brent touched $109.86 a barrel and WTI settled at $101.41. Fed Chair Kevin Warsh gave no forward guidance on rates, and CME FedWatch odds of an October hike fell to 17% from 28% the day before. The Nasdaq lost 4.5% for the week, its worst performance since late June.
- US futures dip as AI sell - off returns and oil prices rise sharply
U.S. futures were mostly lower, with S&P 500 futures down 0.1% and Nasdaq futures down 0.5%, while Dow futures gained 0.2%, as AI stocks came under renewed pressure. South Korea's Elice Group fell 30% on its market debut, and CoreWeave, down 30% this month, dropped 4.5% before the open amid worries about debt in the AI sector. Those concerns are being fueled by inflation and rising odds the Federal Reserve will hike borrowing costs a second time this year. Benchmark U.S. crude rose 2% to $100.55 a barrel and Brent gained 1.6% to $111.25, as uncertainty over the war with Iran keeps oil prices high. European indexes also fell, with France's CAC 40 down 0.8% to 7,809.10, Germany's DAX down 0.8% and Britain's FTSE 100 down 0.6%, amid protests across Europe.
Related markets
Latest news
- When Interest Rates Move, These 7 Income Stocks React Very Differently
The 10-year Treasury yield is now over 5%, near its highest level in a quarter century, up from about 4% before the war with Iran began. Mortgage REITs AGNC (yield near 17%) and Annaly (over 16%) are among the most rate-sensitive because they borrow short-term to fund long-term investments, and both shares have fallen sharply. Coca-Cola (about 2.3%) is far less sensitive, with mostly long-term fixed-rate debt and pricing power, and its shares have risen more than 30% this year. Energy Transfer (about 6.7%) and Enterprise Products Partners (about 6.1%) have mixed sensitivity, partly offset by higher oil and gas prices. Realty Income (5.9%) and VICI Properties (about 7.9%) are less rate-sensitive than mortgage REITs, and Realty Income mitigates its impact through private capital partnerships.
- Why Klaviyo Stock Rallied Today
Klaviyo (KVYO) shares jumped Tuesday morning, rising as much as 11.8% in early trading and 11.6% at 1:13 p.m. ET. The rally followed Salesforce's agreement to acquire rival Braze (BRZE) for $47.50 per share in cash, a deal valuing Braze at $5.66 billion and representing a 58% premium to Monday's close. The article argues investors see the premium as validation of Klaviyo's approach, even though Braze targets mobile apps while Klaviyo serves e-commerce direct-to-consumer marketing. Under Salesforce, Braze may shift toward enterprise customers, reducing overlap and possibly making Klaviyo a takeover target, and the article notes Klaviyo trades at 23 times forward earnings.
- Not Micron. Not Sandisk. This Storage Stock Is Riding the Same AI Infrastructure Wave.
The article argues that Western Digital (WDC), which makes high-capacity hard disk drives for cloud computing companies, is an important but less-noticed part of AI infrastructure alongside Micron and Sandisk. A May customer survey found 87% of respondents prioritized expanding storage capacity and lowering total ownership costs, and 70% of those who knew their storage mix said hard drives made up more than half of their capacity. Western Digital has a roadmap for drives above 100 terabytes, and a 40-terabyte drive is undergoing customer qualification. For fiscal Q4, revenue was $3.75 billion, up 44% year over year; GAAP net income of $3.19 billion included a $2.05 billion gain tied to Sandisk, while adjusted net income was $1.38 billion, up 130%. The stock is up 105% so far this year.
- Profile of a Port Tycoon Newly Appearing at Eximbank: Invests Over VND 700 Billion in GEX and VIX Shares, Borrows VND 2,800 Billion from Eximbank, Acquires Real Estate Firm with Many Projects Partnering with GELEX
Viconship (VSC) appears for the first time on the list of shareholders holding at least 1% of Eximbank (EIB), with over 18.7 million shares, or 1.01%. As of June 30, 2026, the company held GEX and VIX shares with a cost of nearly 716 billion VND and a fair value of about 790 billion VND, while its Q2 report showed no EIB shares. Viconship also owed Eximbank roughly 2,856 billion VND in long-term loans, with initial interest rates of 7–10% per year, and owed VIX 322 billion VND in short-term borrowings. Its board approved a deposit agreement to acquire 100% of the capital of Viconship Industrial Infrastructure and Real Estate Co., Ltd (BDSV) for no more than 1,100 billion VND, and BDSV had previously co-invested with the GELEX ecosystem in infrastructure companies.
- Amid the wave of rate cuts, how are banks attracting deposits?
At the State Bank of Vietnam's request, Governor Pham Duc An met 46 commercial banks on Oct. 19 and asked them to cut deposit rates by at least 0.5% per year for terms of 6 months or longer. As of the afternoon of Oct. 20, 16 banks had announced cuts, mostly for terms of 6 months and above, typically 0.5% per year and up to 0.7%. Rates for deposits under 6 months changed little due to the 4.75% per year ceiling. Still, banks were competing hard for deposits, and one employee offered 9.6% per year for a 6-month term before the cut took effect. Listed 12-month rates at most banks have fallen below 7% per year, though how much loan rates fall depends on funding costs and other factors.
- PBOC Governor Says Yuan Ranks Third Under Broader Payment Measure
PBOC Governor Pan Gongsheng estimated the yuan's share of international payments by value at 6% to 7% as of Oct. 19, ranking it third worldwide under a broader measure. His estimate includes cross-border and offshore payments, including amounts settled within banks or through CIPS, whereas Swift data put the yuan at about 3% to 4% and fifth place. Swift's September tracker showed the yuan fifth by value in August with a 3.26% share, and sixth outside the eurozone at 2.38%. The two measures cover different sets of activity, so they do not show a change in rank for the same payments. Pan also proposed a pilot allowing eight Chinese and foreign banks to trade for their own accounts in the interbank FX market, as an initial step toward linking onshore and offshore markets.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.