The week ended split: the Dow gained 0.64% and the Russell 2000 rose 2.07%, while the Nasdaq Composite fell 0.45% and the S&P 500 slipped 0.22% as megacap tech lagged after earnings. The Dow closed at 52,337.54, the S&P 500 at 7,642.22, the Nasdaq at 26,022.45 and the Russell 2000 at 2,777.63, as investors rotated toward smaller names. The VIX rose to 19.40, gold fell 3.47% on the week, and the 10-year Treasury yield eased 11 basis points to 4.99%. Meta's third-quarter revenue rose 26% to $64.60 billion, but net income of $9.86 billion reflected a $9.89 billion charge tied to an agreement with 52 state attorneys general over teen mental health litigation. Texas Instruments reported revenue of $6.06 billion, up 28%, and RTX posted sales of $25.0 billion, up 11%, with a record $340 billion backlog.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on recorder.ca ↗
Keywords
Open a keyword to see other news on the same topic.
Related tickers and likely impact
QQQ
▼ Likely negativeInvesco QQQ Trust
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/23/2026 | 704.39 |
| Change that session | -0.01% |
SPY
• NeutralSPDR S&P 500 ETF
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/23/2026 | 759.85 |
| Change that session | -0.54% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- AI chip sell-off is ‘unmoored from fundamentals,’ LYNX says
The Nasdaq Composite fell 2.6% on Thursday as tech stocks sold off sharply, and LYNX Equity Strategies said the decline went beyond fundamentals. CPU stocks fell around 8% despite Meta's upbeat outlook for user growth on its Muse AI platform, while Lam Research plunged 12% after disappointing earnings and guidance. LYNX pointed to political uncertainty ahead of the US midterm elections as a potential catalyst, and the 10-year Treasury yield fell nearly 20 basis points as investors took profit-taking on strong positions and sought safety in government bonds. The firm views AI semiconductor valuations as heavily distorted but expects a snapback only after the midterms.
- Dow and Small Caps Climb Weekly While Nasdaq Slips on Megacap Earnings Charges
U.S. stocks closed a volatile earnings week with mixed results: the Dow rose 0.64% and the Russell 2000 gained 2.07%, while the Nasdaq Composite fell 0.45% and the S&P 500 slipped 0.22%. The VIX rose to 19.40 and the VXN to 28.13, gold and silver fell 3.47% and 4.90% on the week, and the 10-year Treasury yield eased 11 basis points to 4.99%. Meta Platforms reported third-quarter revenue of $64.60 billion, up 26%, but net income of $9.86 billion reflected a $9.89 billion charge tied to an agreement with 52 state attorneys general; excluding it, diluted EPS would have been $7.40 versus $3.83 reported. Texas Instruments posted revenue of $6.06 billion, up 28%, while RTX reported sales of $25.0 billion and a record backlog of $340 billion.
- Dow and Small Caps Climb Weekly While Nasdaq Slips on Megacap Earnings Charges
Stocks closed a volatile earnings week with a split verdict: the Dow gained 0.64% and the small-cap Russell 2000 jumped 2.07%, while the Nasdaq Composite fell 0.45% and the S&P 500 slipped 0.22%, weighed down by a rough stretch for megacap tech after earnings reports. The VIX rose to 19.40, and the 10-year Treasury yield eased 11 basis points to 4.99%, while gold fell 3.47% and silver 4.90% on the week. Meta Platforms reported third-quarter revenue of $64.60 billion, up 26%, but net income of $9.86 billion reflected a $9.89 billion charge tied to an agreement with 52 state attorneys general over teen mental health and social media litigation. Texas Instruments posted revenue of $6.06 billion, up 28%, and EPS of $2.62, while RTX reported sales of $25.0 billion, up 11%, and a record backlog of $340 billion.
- Dow and Small Caps Climb Weekly While Nasdaq Slips on Megacap Earnings Charges
For the week, the Dow gained 0.64% and the Russell 2000 rose 2.07%, while the Nasdaq Composite fell 0.45% and the S&P 500 slipped 0.22%. The Nasdaq closed at 26,022.45, dragged down by megacap tech, while the Dow closed at 52,337.54. The VIX rose to 19.40 and the VXN to 28.13, gold fell 3.47% and silver 4.90% on the week, and the 10-year Treasury yield eased 11 basis points to 4.99%. Meta reported third-quarter revenue of $64.60 billion, up 26%, but net income of $9.86 billion reflected a $9.89 billion charge tied to an agreement with 52 state attorneys general over teen mental health and social media litigation.
- U.S. stock futures fall as investors weigh Tesla, Meta earnings
U.S. stock futures slipped on Wednesday evening as investors weighed quarterly results from Meta and Tesla, with S&P 500 futures down 0.4% to 7,768.25 points and Nasdaq 100 futures down 0.7% to 29,800.00 points. Tesla shares fell more than 3% after hours despite beating estimates, with adjusted earnings of 48 cents per share and revenue of $28.05 billion, as heavy spending on AI and robotaxis continued to weigh on profitability. Meta rose more than 2% after reporting earnings of $3.83 per share and revenue up 26% to $64.6 billion, though a large legal settlement added to costs. Earlier, SpaceX shares surged after it reported its first profit as a public company, and the article notes investors are scrutinizing whether heavy AI spending justifies high tech valuations.
- US stocks gained with the Nasdaq outperforming ; META and TSLA firmer post - earnings - Newsquawk Daily Asia - Pac Market Open
US stocks gained, with the Nasdaq outperforming: SPX +0.60% to 7,759, NDX +1.20% to 29,845, DJI +0.69% to 52,857. NVIDIA announced a raft of AI partnerships at its GTC keynote, and a US official said Russia accepted a US proposal for a trilateral meeting with Ukraine. Risk appetite weakened late in the session after the US State Department said it is preparing ordered departures of some personnel at US embassies across the Gulf, and Brent climbed amid Middle East tensions, including drone attacks targeting Saudi Aramco's Shaybah oilfield. After hours, Meta beat on revenue but EPS was hit by a USD 9.89bln litigation charge, while Tesla topped EPS forecasts.
Related markets
Latest news
- Hanoi: Court urges former SeABank Hai Ba Trung director to surrender before in-absentia trial
The Hanoi People’s Court plans to try two fugitive defendants in absentia on 9 November: Nguyễn Thị Hương Giang (former director of SeABank’s Hai Bà Trưng branch) and Lê Anh Tâm (former director of An Việt Úc Company). They are charged with fraudulent appropriation of assets and violating lending rules of credit institutions. The indictment says Giang directed staff to create fake credit files, enabling Nguyễn Hoàng Long and accomplices to borrow 29.5 billion dong, of which over 14.2 billion dong was misappropriated, even though no steel stored in the warehouse actually existed. Tâm, Long’s brother-in-law, allegedly signed fake sales contracts, valuation minutes and collateral contracts to support the loans. The court urges both defendants to surrender so they can attend the trial, exercise their right to self-defence and be eligible for leniency.
- VN-Index gains over 68 points last week, with VIC contributing nearly 37 points
In the week of 19–23/10, the VN-Index recovered nearly 4%, or over 68 points, mainly because the last three sessions lifted the index from around 1,690 points to above 1,774 points. VIC was the biggest driver, contributing about 36.7 points as its share price rose from 215,000 dong to 236,500 dong and hit the ceiling price on 21/10; VHM and VPL added 6.2 and 2.8 points. Most sectors gained, led by real estate at 7.6%, while health care fell 0.4% and information technology dropped 1.23%. The HNX-Index also rose about 1.4%, or 3.6 points, closing at 262.7, with NVB contributing the most at 1.3 points.
- Interest rates on 24/10 at Agribank, Vietcombank, BIDV, VietinBank, MB, VPBank, Techcombank, Sacombank, HDBank, ...
An online survey of deposit rates at 35 banks on 24/10/2026 shows 12-month rates ranging from 3.7% to 7% per year. Sacombank, PGBank, VCBNeo, MBV and VIB all list the highest rate of 7% per year, while the Big 4 banks Agribank, BIDV, Vietcombank and VietinBank stay at 6.8%. For the 18-month term, VPBank leads at 7.4% per year, and for the 6-month term PGBank tops the list at 6.9%. On a 100 million VND deposit held for 12 months without early withdrawal, simple interest at 7% per year comes to about 7 million VND, versus about 3.7 million VND at 3.7%.
- The Puzzle Pieces for a Stock Market Crash Are Taking Shape, With 4 Historically Flawless Indicators Now Sounding the Alarm
Four years into the current bull market, which began after the 2022 bear market ended, the S&P 500 and Nasdaq Composite have more than doubled and the Dow Jones has risen 84%, driven by AI infrastructure spending and record share buybacks. The article argues valuations are historically stretched: the Shiller P/E topped 41 as of Oct. 21, the second-priciest level in history, versus a 156-year average of 17.44. Since January 1871, the CAPE Ratio has exceeded 30 during a continuous bull market only six times, and the previous five were followed by declines of 20% to 89% in one or more major indexes. Outstanding margin debt hit a record $1.502 trillion in June 2026, up 77% since April 2025; after the three earlier surges of this kind peaked, the S&P 500 fell 49%, 57% and 25%. The article also notes that investors have historically overestimated how fast next-big-thing technologies get adopted.
- Micron vs. Sandisk: Which Is the Better AI Memory Stock to Own for the Next 3 Years
Micron and Sandisk have both surged in 2026 on demand for memory chips in AI data centers, with Micron up 220% and Sandisk up 480% as of writing. The article argues Micron has the edge because it sells both DRAM and NAND flash, while Sandisk is a pure-play NAND flash maker; DRAM generated 73% of Micron's revenue last quarter, almost $40 billion, driven by fast-growing HBM demand. It cites expectations that NAND flash will stay undersupplied over the next three years, and notes Micron has raised HBM pricing significantly for 2027. According to Counterpoint Research, Micron holds 15% of the NAND flash market versus Sandisk's 11%, and 24% of the DRAM market. The author considers Micron the more attractively valued stock, and analysts expect its earnings per share to grow faster than Sandisk's over the long run.
- Dave Ramsey Calls 2026 Crash Predictions “Freaking Asinine.” Here’s What the Data Says.
Dave Ramsey told listener Mark from Arizona on The Ramsey Show on October 16, 2026 that predicting stocks will halve in 2026 while company profits stay the same is 'freaking asinine'. The article agrees that staying invested is correct but says the halving claim exaggerates the case, since prices can fall sharply on fear even when profits hold, while long-run returns follow earnings. It cites SPY's 255% gain over 10 years and 12% so far in 2026, the VIX rising from 15 to 19, and real GDP growth of 2% annualized. The real risk depends on when withdrawals start: a retiree pulling $20,000 from a $400,000 portfolio would see the withdrawal rate rise from 5% to about 7% after a 30% drop, forcing sales at low prices. The article suggests money needed within about five years belongs in cash or bonds, and that savers compare their mix with a target-date fund for their retirement year.
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.