Sector Update: Tech Stocks Fall Friday Afternoon

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• Update: Nasdaq Falls to End Four-Week Winning Streak Amid Tech Sell-OffYahoo Finance·16/10, 20:54▼ QQQ▼ MSFT▼ NVDA▼ SPYNasdaqtech stocksNVDA
• US markets weighed down by extended sell - off in the tech sectoreldoradonews.com·17/10, 19:30▼ NVDA▼ QQQ▼ SPY▼ AAPLtech stocksNasdaqNVDA
• Nasdaq sinks more than 2 % as investors raise questions about AI debtkitv.com·17/10, 07:15▼ QQQ▼ NVDA▼ SPY▼ AMZNNasdaqAI investmentNVDA
• Tech stocks tumble Friday , AI shares lead the waydallassun.com·16/10, 21:00▼ NVDA▼ QQQ▼ AAPL▼ AMZNtech stocksartificial intelligenceNVDA
• Don’t buy this dip: Several signs suggest there’s more pain ahead for tech stocksMarketWatch·16/10, 20:58▼ NVDA▼ QQQ▼ AAPL▼ AMZNtech stocksNVDAGOOGL
• Tech stocks tumble Friday , AI shares lead the wayiranherald.com·16/10, 19:45▼ NVDA▼ QQQ▼ SPY▼ AAPLtech stocksartificial intelligenceNVDA

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• South Korean IPO plunge deepens AI market jitters as brent tops $111

  South Korean data centre company Elice (0158S0) closed at 60,500 won ($45.57) on its debut, down over 30% from its 90,500 won offer price, despite a retail offering oversubscribed more than 400 times. The IPO raised $151 million at a valuation of roughly $755 million, according to Bloomberg. The debut came as the KOSPI dropped almost 4% to 5,552, with Samsung Electronics and SK Hynix also falling, and CoreWeave (CRWV) slipped another 3% in U.S. pre-market trading. Investors are questioning the borrowing costs, debt levels and returns of AI infrastructure spending, while Brent crude topped $111 a barrel, its highest since May, amid Middle East supply and shipping concerns.

  CoinDesk·20/10, 09:32▼ NVDA▼ QQQ▼ SPYIPOSouth Koreadata centers
• Bitcoin Could Beat Stocks, Gold Over 10 Years, Says JPMorgan – But It Comes With A Volatility Warning

  J.P. Morgan Asset Management's 2027 Long-Term Capital Market Assumptions forecast a base-case annual return of 10% for Bitcoin over the next 10 years, ahead of U.S. large-cap stocks (7.5%), U.S. REITs (8.2%) and gold (5.5%). The forecast comes with 55% annualized volatility, compared with 18% for U.S. large caps, and the bear and bull cases are annual losses of 11.2% and gains of 16.6%. JPMorgan still leaves Bitcoin out of its core portfolio allocation models, calling it speculative and too volatile, with correlations of 0.33 to U.S. large caps and 0.10 to gold. The firm says Bitcoin could play a larger role if volatility falls, correlations stabilize and regulation becomes clearer. At the time of the article, Bitcoin was trading around $81,400, down over 1%.

  Yahoo Finance·20/10, 09:30▲ BTC/USDTbitcoincryptogold
• South Korean IPO flop is the latest in a string of disappointments for the global AI trade

  In October alone, three planned IPOs of data-center providers backed by AI heavyweights such as Nvidia, Blackstone and SoftBank have been shelved. Investors are not convinced that the planned capital expenditure is sustainable.

  MarketWatch·20/10, 09:30▼ NVDA▼ QQQIPOAI investmentdata centers
• Securities sector Q3 update as of 20/10: another major firm reports trillion-dong profit, and profit growth tops 500%

  As of the afternoon of 20 October, 53 securities companies had published their Q3 2026 financial reports, showing sharply divergent results. VPS (VCK) led with Q3 pre-tax profit of nearly 1,119 billion VND, down 20% year-on-year, though its nine-month pre-tax profit reached 4,044 billion VND, up 27%. HD Securities (HDS) posted Q3 pre-tax profit of over 769 billion VND, up 208%, while VTG's profit rose about 538% to nearly 52 billion VND. In contrast, HSC, DSE, FTS and TCSC saw Q3 profit fall between 33% and 90%, and Beta recorded a pre-tax loss of about 5.4 billion VND.

  CafeF·20/10, 09:30▲ VNINDEXbrokeragesearningsVietnam
• GGL Resources Corp. and Strategic Metals Ltd. Property Transaction Approved

  The TSX Venture Exchange has accepted GGL Resources' property transaction with Strategic Metals for copper-gold properties in southwest Yukon, a related-party deal approved by disinterested shareholders on August 31, 2026. As part of the acceptance, GGL consolidated its shares at four pre-consolidation shares for one. GGL can earn a 70% interest in the Hopper, Kluane, Batt and Moraine properties by issuing 1,000,000 shares to Strategic by October 31, 2026 and spending $10,000,000 on exploration by December 31, 2029. It can then acquire the remaining 30% for $3,000,000, with Strategic retaining a 2% net smelter return royalty; if only the first option is exercised, the parties will form a 70/30 joint venture.

  Yahoo Finance·20/10, 09:30mininggoldCanada
• IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing Inc. Are Shaking Wall Street to Its Core With This $1 Billion Warning

  Four pure-play quantum computing stocks, IonQ, Rigetti Computing, D-Wave Quantum and Quantum Computing Inc., have gained between 154% and 1,180% over the two years to Oct. 16. Form 4 filings over the past five years show insiders have been decisive net sellers, with net sales of $1.02 billion across the group since Oct. 16, 2021, while insider purchases totaled under $4.3 million. The author notes that tax-related or diversification sales are normal, but the near absence of insider buying is a warning sign. The stocks trade well above 30 times trailing 12-month sales, a level the article says has historically flagged bubbles.

  Yahoo Finance·20/10, 09:26quantum computinginsider tradingvaluation