News · Yahoo Finance

Big Tech Fright Night Is a Terrifying Omen for the Market

See the full story in the original article.

Read the original on Yahoo Finance ↗

Keywords

QQQSPYGOOGLMETAAAPL

Open a keyword to see other news on the same topic.

Related tickers and likely impact

QQQ

▼ Likely negative

Invesco QQQ Trust

Relevance: medium

MarketUS stocks
SectorETF
Close on 10/29/2026715.34
Change that session-1.42%
QQQ price, forecasts and signals →

SPY

▼ Likely negative

SPDR S&P 500 ETF

Relevance: medium

MarketUS stocks
SectorETF
Close on 10/29/2026769.36
Change that session-0.38%
SPY price, forecasts and signals →

AAPL

▼ Likely negative

Apple Inc.

Relevance: low

MarketUS stocks
SectorInformation Technology
IndustryTechnology Hardware, Storage & Peripherals
Market cap$5.1T
Close on 10/29/2026348.91
Change that session+1.48%
AAPL price, forecasts and signals →

AMZN

▼ Likely negative

Amazon

Relevance: low

MarketUS stocks
SectorConsumer Discretionary
IndustryBroadline Retail
Market cap$2.6T
Close on 10/29/2026243.79
Change that session-4.25%
AMZN price, forecasts and signals →

GOOGL

▼ Likely negative

Alphabet Inc. (Class A)

Relevance: low

MarketUS stocks
SectorCommunication Services
IndustryInteractive Media & Services
Market cap$3.5T
Close on 10/29/2026283.82
Change that session-12.64%
GOOGL price, forecasts and signals →

META

▼ Likely negative

Meta Platforms

Relevance: low

MarketUS stocks
SectorCommunication Services
IndustryInteractive Media & Services
Market cap$1.6T
Close on 10/29/2026624.52
Change that session+1.96%
META price, forecasts and signals →

Impact is scored by AI from the headline and may be wrong. It is not investment advice.

Related news

Related markets

US stocks →

Latest news

  • AI’s control over the bond market is growing — even rivaling war and elections

    Hyperscalers have burned through their cash. Their bond deals are now helping fuel the economy.

    MarketWatch·bondsartificial intelligenceAI investment
  • DATA GLOBAL PTY LTD Enters Australian Market with DGX B300 AI Server Cluster at Micron21 Data Centre

    Australian AI inference provider DATA GLOBAL PTY LTD has deployed an NVIDIA DGX B300 AI server cluster at the Micron21 Data Centre to enter the Australian market. Under a 3-year framework agreement, the project covers 128 DGX B300 servers, rolled out in phases, with each server rated at 15 kW full-load power. Its Token Factory platform, offering token-based pay-as-you-go inference via RESTful APIs, will soon launch commercially, with 3–6 months from deposit to service launch subject to hardware, power and cooling allocation. The asset-light model reduces upfront capital expenditure, and the firm says its onshore setup supports data-sovereignty and privacy compliance under Australian law. CEO Bill Sanger called the Tier IV GPU deployment a key APAC strategy milestone.

    Yahoo Finance·artificial intelligencedata centersNvidia
  • Elon Musk’s Tesla and SpaceX protest NYSE parent's new plan

    Tesla and SpaceX, both led by Elon Musk, are objecting to a new plan from ICE, the parent company of the NYSE. They join a growing list of companies that have raised objections to the proposal.

    Yahoo Finance·• TSLAElon MuskTeslaSpaceX
  • Block's Adjusted Profit Jumps as Losses Climb: Rapid Earnings Reaction

    Block (XYZ) grew third-quarter gross profit 22% year over year, ahead of its own guidance, and raised its full-year outlook again; shares rose about 8% in early after-hours trading. Gross profit reached $3.24 billion, with Cash App at $2.07 billion (up 27%) and Square gross payment volume at $76.4 billion (up 14%). Operating income was $428 million (up 5%), versus $923 million on an adjusted basis (up 92%), with the gap reflecting $435 million of excluded contingency, restructuring and other charges, mostly accrued legal costs. Transaction and loan losses rose 66%, three times as fast as gross profit, as Cash App Borrow and Afterpay lending expanded. Block guides gross profit growth to slow to 15% in the fourth quarter.

    Yahoo Finance·earningspaymentscredit
  • Stock Market Election Night: Dow Futures, AI Stocks, Elon Musk In Focus; AMD, Arista Lead Earnings Winners (Live)

    IBD's live coverage of election night will focus on the impact of midterm results on Dow Jones futures, Treasury yields, AI stocks and more.

    Yahoo Finance·▲ QQQ• SPYmidterm electionsDow Jonesbonds
  • Arista Revenue Up 58% as Q4 Outlook Slows: Rapid Earnings Reaction

    Arista Networks reported third-quarter revenue of $3.66 billion, up 58.5% from a year earlier and above its own $3.3 billion guidance, and shares rose about 8% after hours. However, fourth-quarter guidance of $3.9 billion to $4.0 billion implies only 7% to 9% growth from the third quarter, signaling a sharp slowdown. GAAP gross margin fell to 63.6% from 64.6% as the mix shifted toward lower-margin product sales, which made up 87% of revenue. GAAP operating margin still rose to 44.9% from 42.4%, because operating expenses grew much more slowly than sales. GAAP diluted EPS of $1.22 exceeded the non-GAAP figure because it includes a $134.5 million gain on strategic investments, so the article considers operating profit the cleaner measure.

    Yahoo Finance·Arista Networksearningsdata centers

All news →

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.