The S&P 500 rose Tuesday on optimism around chipmakers such as Broadcom, which worked with major banks on a $63 billion deal to finance AI chip purchases for Anthropic. Jim Cramer cautioned that the market remains sensitive to bond yields and oil prices, and said he wants a market driven by conviction rather than these 'weather' factors, seeing little conviction today. He urged patience, waiting for many reasons to buy even though lower oil might prompt some to look for opportunities. On Meta, its secondary offering was upsized to $25 billion from $22.5 billion, but its plan to sell $60 billion of stock at market prices starting next year could weigh on shares. Boeing fell nearly 10% after third-quarter results showed a bigger per-share loss than expected and reset cash-flow expectations, and Cramer called it a 'clearing event' as Wall Street estimates may need to come down.
Summary written by Upside AI from the original article. Read the source for full details.
Keywords
Open a keyword to see other news on the same topic.
Related tickers and likely impact
SPY
• NeutralSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/26/2026 | 765.22 |
| Change that session | +0.69% |
QQQ
• NeutralInvesco QQQ Trust
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/26/2026 | 712.11 |
| Change that session | +1.09% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- The S&P 500 Is Just Shy of a Record With 10 Weeks Left in the Year. Here's What History Says Could Happen Next.
The S&P 500 closed at 7,757.17 on Oct. 21, about 0.8% below its record close of 7,818.93 on Oct. 6, and is up roughly 13% in 2026 even after the Federal Reserve raised rates in September for the first time in over three years. The author checked every year since 1928 when the index was within 1% of a record on Oct. 21: all 16 such years set at least one new record close before year-end, though some, such as 1993, did not until late December (Dec. 27). A new record does not guarantee a strong finish, however: from Oct. 21 to year-end the index rose in 14 of the 16 years, and the median year gained around 4%. The author notes the sample is small and points to current risks, including the 10-year Treasury yield topping 5.3% in early October, its highest level since 2002, and a rally concentrated in stocks linked to artificial intelligence (AI).
- The S&P 500 Is Just Shy of a Record With 10 Weeks Left in the Year: Here's What History Says Could Happen Next
The S&P 500 closed at 7,757.17 on Oct. 21, about 0.8% below its record close of 7,818.93 on Oct. 6, with around 10 weeks left in the year. The index is up about 13% in 2026, even after the Federal Reserve raised its benchmark rate in September for the first time in over three years. Reviewing daily closes back to 1928, the author found 16 years in which the index was within 1% of a record on Oct. 21, and all 16 set at least one new record close before year-end. A new high did not guarantee a strong finish, however: from Oct. 21 to year-end the index fell in 1964 and 1968, and the median year gained about 4%. The article also flags risks, including the 10-year Treasury yield topping 5.3% in early October and a rally concentrated in a narrow set of AI-linked stocks.
- The 10-Year Treasury Is Above 5% for the First Time in Almost 20 Years. History Says This Is How the S&P 500 Index Will Perform Over the Next 12 Months.
The 10-year Treasury yield closed at 5.06% on October 15, its first close above 5% since July 19, 2007, a level viewed as a key anchor for pricing across the economy. The article compares this with 2007, when the S&P 500 fell 19% in the following 12 months and 11% over the next five years, after yields had risen 26% in the prior four years. Yields have also climbed 26% in the past year as the central bank raises rates to fight stubborn inflation. Key differences include a normal yield curve today versus an inverted one in 2007, stricter bank rules after Dodd-Frank, and a stock market dominated by profitable tech firms. The article argues investors should stay focused on high-quality companies for the long term.
- Stocks are heading for a high - stakes showdown , as strong earnings collide with rising borrowing costs
Wall Street faces a tug-of-war as booming earnings for technology and energy firms collide with a relentless rise in bond yields, which have reached their highest levels in decades. Analysts expect earnings to keep soaring on AI data center build-outs, while oil prices, pushed into triple-digit territory by the war with Iran, add pressure on consumers. The market has split into AI and non-AI stocks, and AI stocks sold off last week as Treasury yields fell and investors questioned the AI-driven growth story. Valuations have slumped: the S&P 500 trades at 19 times expected earnings, below its five-year and 10-year averages, according to FactSet. Fidelity's Jurrien Timmer said earnings growth and the rising cost of capital are in a race to determine stock prices.
- Wall Street muscles higher despite more swings for AI stocks
US stock indexes closed higher on Thursday, with the S&P 500 up 0.3% to 7,744.06 and the Dow up 556.21 points (1.1%) to 52,177.69, led by companies reporting stronger profits such as Marsh & McLennan, Kimberly-Clark and Bank of New York Mellon. AI stocks remained volatile: after a selloff had sent South Korea's Kospi down 7.6% and Japan's Nikkei 225 down 4.9% early in the day, losses for Nvidia and TSMC moderated, and the Nasdaq composite added 0.1% to 26,713.03. Treasury yields fell, with the 10-year yield dropping to 5.09% from 5.19%, even though another report showed inflation worsened more than expected. Worries remain about whether heavy AI spending, often funded by borrowing, can continue while bond yields worldwide sit near their highest levels in years. In Europe, London's FTSE 100 rose 1.1%.
- Citi Says the S&P 500 Hits 8,100. Half the Market Has to Cooperate First.
Citi strategist Scott Chronert’s year-end S&P 500 target of 8,100 depends on both the AI-linked half of the market and rate-sensitive stocks performing. Since August 28, Realty Income fell 10.91% and NextEra Energy slid 0.09%, while NVIDIA rose 4.15% and Microsoft rose 5.38%. The 10-year Treasury yield climbed to 5.22%, a 0.42-percentage-point rise in the month through October 8, which runs counter to the rate relief the target needs. The benchmark is up 14.1% this year, and the most widely held S&P 500 tracking fund closed at $778.07, about 4.1% below the target. Second-quarter earnings grew in the low 30s on a percentage basis, but the article notes that rate expectations largely set the valuation investors pay for those profits.
Related markets
Latest news
- Alphabet Is Set to Become an Even Bigger Anthropic Shareholder After the IPO
Anthropic, one of the fastest-growing AI companies, could become the biggest IPO in history at a targeted $2 trillion valuation, above SpaceX's $1.77 trillion debut. Alphabet is estimated to own about 14%, starting with a 10% stake for about $300 million in late 2022 and early 2023, then investing $500 million more and agreeing to invest $1.5 billion additional. According to Anthropic's S-1, Alphabet has an exclusive option to buy up to $10 billion in additional shares at the IPO price and $20 billion in unused investment capacity. At $2 trillion, Alphabet's stake would be worth $280 billion, and the article suggests Alphabet will likely remain the second-largest shareholder behind Amazon, which holds 15%-20%. Anthropic's post-money valuation of $965 billion is already reflected in Alphabet's net income, and that value would more than double at a $2 trillion IPO.
- Sandisk Stock Has Been Cut Nearly in Half Since June. Should You Buy It Before Thursday's Report?
Sandisk (SNDK) shares trade near $1,262, about 46% below their record close of $2,335 on June 25, and have fallen roughly another 10% since October 15. The author says the stock depends on three factors: rising flash prices, tight supply, and growing data center sales. Sandisk guides fiscal first-quarter 2027 revenue to $10.3 billion–$10.8 billion, about 18% above the $8.97 billion of fiscal Q4, and CFO Luis Visoso said price increases are “modest.” Data center revenue rose from $440 million in fiscal Q2 2026 to $2.98 billion in fiscal Q4, about one-third of total revenue. The author leans toward waiting for the upcoming report and the fiscal Q2 outlook to see whether Sandisk is still raising prices, given the stock's volatility.
- One bank cuts savings rates to nearly 0%
Ngân hàng TMCP Sài Gòn (SCB) has cut online savings rates for newly opening individual customers to 0.1%–0.7% per year from October 26, with 12-month deposits at 0.6% and 24-month deposits at 0.7%. For a 100 million dong deposit, the article estimates interest of 600,000 dong over 12 months and about 1.4 million dong over 24 months, assuming the rate holds and there is no early withdrawal. The move follows a State Bank of Vietnam directive on October 21 that banks cut average rates on new deposits of 6 months or longer by at least 0.5 percentage points in late 2026. SCB has been under special control since 2022, typically keeps the lowest deposit rates in the market and rarely changes them, and has shrunk from nearly 240 transaction points to about 8 across 6 localities.
- Why Innodata Stock Crashed Today
Innodata (INOD) shares fell 26.4% as of 12:26 p.m. ET after reports of job cuts in India and the Philippines hit the news wires. According to termination emails reviewed by regional news outlets, the company reportedly laid off nearly 550 employees in India on Monday, plus an undisclosed number in the Philippines, which the article puts at more than 5% of its workforce. The company cited a “ramp-down of the business assignment” rather than individual performance, and the article suggests a major client unexpectedly pulled out of a large project, raising concerns about lower future revenue. Even after the steep drop, the stock still trades at 27 times forward earnings estimates, and Innodata is scheduled to report third-quarter earnings on Nov. 5, when the earnings call is expected to clarify the financial impact and whether other contracts are at risk.
- Meta's deal with AMD, Nvidia, Broadcom: Is circular financing a risk?
Madison and Speaker A discuss Meta's deal involving Broadcom, AMD and Nvidia, with Nvidia taking part in an equity issuance, and whether the circular nature of the financing is a concern. Madison notes that Mag 7 companies are mentioned throughout the S-1, and that circular funding has been common for these firms without causing major problems for investors before. The more interesting question is whether market patience is wearing thin for neocloud companies that need heavy funding to build infrastructure. Speaker A cites a Goldman report and Torsten Slok of Apollo saying AI spending will peak in the fourth quarter, along with Gartner's view that the downturn will be ugly when it comes, though not for everyone as large companies absorb smaller ones.
- “Shark” with over VND 23,000 billion sells millions of shares, still holds nearly 8% of company
Finnish fund PYN Elite Fund sold 1,038,000 DSE shares of DNSE Securities through order matching on the October 20, 2026 session, reducing its stake from 8.2% to 7.95% of charter capital and leaving it with over 34.06 million shares. DSE closed October 27 at VND 19,900 per share, making the shares sold worth about VND 2 billion and the remaining stake worth about VND 678 billion. Managed by Petri Deryng, the fund has over 27 years of experience in Asian markets and has invested in Vietnam since 2013, with assets under management of about €805 million (over VND 23,400 billion) as of its September report. The fund fell 6.34% in September versus a 3.5% drop in VN-Index and is down 12.67% year to date, with its largest holdings being STB (18.2%), HPG (14.3%) and MWG (10.2%). The fund still holds a positive long-term view of Vietnam's stock market, arguing that recent price declines have not fully reflected the underlying fundamentals.
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.