See the full story in the original article.
Read the original on nbr.co.nz ↗
Keywords
Open a keyword to see other news on the same topic.
Related tickers and likely impact
QQQ
▲ Likely positiveInvesco QQQ Trust
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/19/2026 | 718.36 |
| Change that session | +1.21% |
NVDA
▲ Likely positiveNvidia
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
- Stock market today: Dow, S&P 500, Nasdaq futures mixed as the AI trade rebounds
US stock futures were mixed on Monday, with Dow futures down 0.1%, S&P 500 futures up 0.5%, and Nasdaq 100 futures up more than 1%, as tech led a rebound after all three major indexes ended lower on Friday. The Nasdaq had its worst week since June, while the S&P 500 rose after a nearly 2% drop the previous week. Nvidia and AMD led semiconductor shares higher, and CoreWeave was set to open higher after AI financing worries pressured it last week. Investors are looking ahead to Netflix's results after Tuesday's close and to Tesla and Meta earnings on Wednesday. Brent crude was at $108 per barrel after Ukraine struck Russian oil facilities and tankers were attacked in the Middle East, while West Texas Intermediate fell to $98.
- Asian shares are mixed with tech stocks volatile, and oil falls on Trump Russian sanctions waiver
- Chip Stocks Just Had Their Longest Losing Streak Since 2008. Should You Buy Nvidia Stock Now?
The PHLX Semiconductor Index fell for eight straight sessions through October 16, dropping about 16%, the most consecutive down days since October 2008. Nvidia slid about 10%, from a record close of $239.24 on October 6 to $214.13, as worries over interest rate hikes, AI financing and competition weighed on chip stocks. The author argues the streak alone says little, since outcomes after similar streaks varied widely, and focuses instead on Nvidia's results: fiscal Q2 2027 revenue surged 106% to $96.2 billion and operating income rose 124% to $63.7 billion, with fiscal Q3 revenue guided to $108 billion, plus or minus 2%. At about $217, the stock trades around 14 times expected fiscal 2028 earnings, and the author suggests buying in stages over a few months rather than all at once.
- Tech Stocks Power S & P 500 and NASDAQ Higher
- Nasdaq 100 Sees Best Day In Nearly A Month As AI Rout Cools — AMZN, BE, CRWV, AAPL, PLTR In Focus
The Nasdaq 100 rose 1.2% on Monday, its best day in nearly a month, as investors returned to AI stocks after a week-long sell-off. The S&P 500 gained 0.4% and the Dow Jones slipped 0.1%, while the VanEck Semiconductor ETF (SMH) gained just over 2%. The Nasdaq had fallen 4.5% the previous week amid worries over the AI trade, including Anthropic's reported Q3 sales of $16.8 billion (up from $11.6 billion in Q2), bond investors pulling back from CoreWeave, and a Gartner forecast that 80% of the neocloud market would cease to exist. Amazon shares rose nearly 5% after Morgan Stanley reaffirmed its 'Overweight' rating. Investors are now looking to Meta and Tesla earnings this week.
- Tech Stocks Power S & P 500 and NASDAQ Higher
Global equities moved in different directions on Monday, as a strong technology-led rally on Wall Street contrasted with broad declines across Europe and mixed performance in Asia-Pacific. The S&P 500 rose 31.29 points (0.41%) to 7,690.73, while the NASDAQ Composite jumped 290.85 points (1.11%) to 26,430.89. By contrast, the Dow Jones Industrial Average slipped 36.38 points (0.07%) to 51,966.03. In Europe, the FTSE 100 fell 1.08%, the DAX dropped 1.18% and the CAC 40 lost 1.11%. In Asia, the Hang Seng gained 0.52% and the S&P/ASX 200 rose 0.44%, while the Nikkei 225 fell 0.62% and the IDX Composite plunged 3.64%.
Related markets
Latest news
- Meta Earnings: What To Look For From META
Meta Platforms (NASDAQ:META) will report earnings this Wednesday after the market closes. Last quarter, revenue reached $60.8 billion, up 28% year on year and above analysts' expectations, though revenue guidance for next quarter slightly missed forecasts; daily active users hit 3.6 billion, up 3.4%. The market expects revenue growth of 23.6% this quarter, slowing from 26.2% a year earlier, and analysts have generally reconfirmed their estimates over the past 30 days. Over the last month, consumer internet stocks have gained 1.3% on average, while Meta is down 4.8%.
- An AI bust could come from places investors arent watching , an economist says
Concerns about an AI bubble are growing, and TS Lombard's Dario Perkins warns that investors may be overlooking other risks. Debt among smaller cloud providers, model developers and suppliers could reach $2 trillion by the end of 2027. Perkins does not see this as a systemic risk, but warns that earnings disappointments and canceled orders could ripple through the ecosystem, and that a chip glut could follow over-ordering. Much of the industry's revenue growth still comes from spending within the AI ecosystem rather than from businesses and consumers outside it. He also flags political backlash, noting that ordinary people dislike AI and nearby datacenters, and warns that one high-profile accident could turn AI toxic.
- Yen jumps after JGB auction draws big demand , euro finds relief
The yen rose 0.2% to 158.15 per dollar in Asian trading after a 20-year Japanese government bond auction drew bids of 5.84 times the amount sold, well above the 4.01 times at the previous auction, and the yield fell 6 basis points to 3.71%. A State Street strategist said the record demand suggests sidelined cash is returning and that JGBs are becoming a relative haven from political and fiscal volatility in Europe, particularly France. Anti-government protests in France prompted curfews in several cities, while Italy said it would send 500 troops after two days of unrest, and the euro rallied 0.2% to $1.1234. Elsewhere, bitcoin slipped 0.3% to $81,674.25 and ether edged down 0.2% to $2,393.21.
- Unemployment rate dips to 4 . 7 % - but vacancies hit five - year low
Vacancies fell by 21,000 to 691,000 in the three months to September, the biggest drop since the three months to March and the lowest since July to September 2014 outside the pandemic, while unemployment dipped in the three months to August. Payroll numbers were down 66,000 over the year to September. The ONS said the fall was mainly among smaller firms struggling with higher labour costs, following rises in employer national insurance, the minimum wage and workers' rights. A CBI survey found labour costs and regulations were making it harder to create jobs, and firms urged the Chancellor not to add to their burden in the October 28 Budget. ICAEW's Suren Thiru said the labour market is 'running on idle' and unemployment could climb above 5 per cent, while Shadow Chancellor Andrew Griffith blamed Labour's 'Jobs Tax' and red tape.
- 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.
- NiSource (NI) Stock Looks Overvalued Against Its Dividend Outlook
NiSource has nearly doubled shareholders' money over the past five years, delivering a 97.6% total return, which raises the question of whether dividends can justify the current share price. The article highlights a new 20-year energy agreement with Microsoft, including customer-funded grid upgrades and long-term electric service for data centers, which may affect future capital needs and cash-flow visibility. Using a Dividend Discount Model with inputs of about $1.35 dividend per share, roughly 9.07% return on equity, a payout ratio slightly above 61%, and implied dividend growth of about 3.5%, the estimated intrinsic value sits meaningfully below the current share price of $41.95. The model still does not bridge that gap, suggesting income investors are paying a premium for a relatively steady payout with modest assumed growth.
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.