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Related tickers and likely impact
QQQ
▼ Likely negativeInvesco QQQ Trust
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/22/2026 | 704.59 |
| Change that session | -2.84% |
NVDA
▼ Likely negativeNvidia
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.2T |
| Close on 10/22/2026 | 212.28 |
| Change that session | -4.36% |
META
▼ Likely negativeMeta Platforms
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $1.9T |
| Close on 10/22/2026 | 648.91 |
| Change that session | -6.97% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Asian stocks back in retreat as tech mood sours again
- Barclays' Singh on Asian Equity Markets
Kaanhari Singh, Head of Asia Equity Flow Derivatives Sales at Barclays, says the strategy heading into next year is to be long quality in Asia's tech sector. He argues markets now demand a higher bar for earnings beats, judged on capex guidance and monetization, and notes Meta's strong results failed to hold its gains. Singh says Korea is massively oversold, with the six-month KOSPI drawdown the most extended since the GFC and the 10-day drawdown extreme, so a tactical reversion is likely there. Barclays is not yet looking to fade China's selloff, given low expectations for upcoming policy events and no clear catalyst in the next three months.
- CNBC Daily Open: Tech rebounds in the U.S., but Asia isn’t buying it yet
U.S. tech stocks rebounded as the Nasdaq Composite rose more than 1% on Monday, with Nvidia up 1.4% and Tesla up 3.8%. In Asia, however, tech shares fell on Tuesday, with South Korea's Kospi down over 4% and Japan's Nikkei 225 down 1.6%. Nvidia also unveiled plans to back four German AI startups as part of its nearly $10 billion European investment commitment. Jenny Lee of Granite Asia said Asian companies are reaching IPOs much sooner, often at four to five years old, while Jio Platforms' Indian IPO saw its anchor investor quota oversubscribed more than 30 times, aiming to raise up to 302 billion rupees ($3.2 billion). In Singapore, several agricultural stocks fell after Senior Minister K Shanmugam warned that companies would not escape responsibility for possible roles in the haze, noting seven firms had been questioned by the Singapore Exchange.
- Asian stocks start week on back foot, tracking tech-led Wall St losses
- Asian stocks rise as tech bounces from rout, eyes on Warsh
Most Asian markets rebounded Friday after Thursday's tech rout, driven by AI-boom worries, with Seoul and Tokyo rising sharply and chipmakers SK hynix and Kioxia among the top gainers. The earlier selloff followed hotter-than-expected US inflation, which raised bets on more Fed rate hikes, and a 15.5 percent slump in data centre operator CoreWeave over its heavy debt. Nvidia chief Jensen Huang defended CoreWeave's finances, lifting its shares almost six percent. Investors now await comments from Fed boss Kevin Warsh at the IMF meeting in Bangkok, after the latest inflation reading hit a five-month high. In early trade, Kospi rose 2.7 percent and Nikkei 225 gained 1.8 percent.
- A tech sell - off drags Asian stocks lower as markets in South Korea and Japan sink
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Asian currencies and the U.S. dollar were largely subdued on Friday as investors weighed rising energy costs and geopolitical tensions, while the yen held its gains after a safe-haven rally tied to concerns over global growth and tech valuations. The U.S. Dollar Index was flat at 101.60 by 03:33 GMT, near a three-week low and on track for a second straight weekly loss. USD/JPY edged up 0.1% to 156.90 after a nearly 1% drop in the previous session, as the yen reached its highest level in more than a month. Brent crude near $114 a barrel, after a 4% jump on Thursday following attacks in Saudi Arabia, raises inflation risks for energy importers such as Japan, India and South Korea. The Indian rupee extended its losses, with USD/INR up 0.3% to 95.109, while the yuan hovered near four-year lows; the Fed is expected to hold rates at 3.75%-4.00% on October 28, with ECB and BoJ decisions due on October 29 and 30.
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