Sharp drops for AI stocks overwhelm markets worldwide as oil prices jump

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• Cracks are beginning to show in the stock market , as doubts grow about AI investments

  Just a week after hitting record highs, U.S. stocks are showing strain as investors fret about returns on trillions of dollars invested in AI. As of Thursday morning, the S&P 500 was more than 1% below its record from a week earlier and the Nasdaq was about 4% below its peak. According to the Financial Times, quarterly revenue growth at Anthropic has slowed, though its revenue is still nearly $17 billion, the company says it is profitable, and it is expected to be worth more than $1 trillion when it goes public. Investors are also worried that Chinese memory chipmakers could cause an oversupply, and some are selling bonds backing data centers over doubts that AI revenue will cover the borrowing; economist Ed Yardeni cut his year-end S&P 500 target to 7,900 from 8,400, with the index at about 7,600.

  aol.com·15/10, 16:15▼ NVDA▼ META▼ MSFT▼ QQQAI investmentNVDANasdaq
• Nasdaq plunges 2 . 6 % as AI spending fears spark tech selloff | Honolulu Star - Advertiser

  The Nasdaq fell 2.6% on Thursday, its steepest daily drop since early June, as high-profile AI-related earnings reports fueled fears about AI spending, leaving the S&P 500 deep in negative territory. Meta Platforms slid 7.0% despite beating expectations, after posting its first cash outflow in over a decade due to AI expenditures, while Tesla fell 3.1% despite unexpectedly positive free cash flow. The Philadelphia SE Semiconductor Index plunged 6.7%, is more than 26% below its June 22 record close but still up 51.5% this year, versus 11.9% for the S&P 500. Crude prices hit a five-month high after Iran-backed Houthis struck Saudi targets, raising inflation worries. Of 111 S&P 500 companies that have reported third-quarter results, 83% beat analyst expectations, according to LSEG data.

  staradvertiser.com·23/10, 00:00▼ QQQ▼ NVDA▼ SPY▼ MSFTNasdaqAI investmentsemiconductors
• U . S . stocks end mixed as AI spending jitters spark tech sell - off - Xinhua

  U.S. stocks closed mixed as concerns over AI spending pulled tech shares lower. The Nasdaq Composite fell 694 points, or 2.6%, and the S&P 500 lost 93.74 points, or 1.21%, while the Dow Jones gained 11.89 points, or 0.02%. The 10-year Treasury yield dropped more than 17 basis points to 4.957%, while Brent crude settled up 4% at $113.17 a barrel amid escalating Middle East tensions. Meta Platforms sank about 7% despite third-quarter revenue of $64.6 billion, up 26% from a year earlier, and Tesla and SpaceX also declined. The Philadelphia Semiconductor Index plunged nearly 6%, with Lam Research down 11.76% after warning of supply-chain delays, while GE Vernova fell 10.64% as worries over AI financing grew.

  english.news.cn·22/10, 23:45▼ NVDA▼ QQQ▼ META▼ MSFTAI investmentoil pricessemiconductors
• Chips lead Nasdaq lower, oil tops 5-month high: AlphaCheck

  Stocks were mixed on Tuesday as chip stocks gave up the previous session's rebound while oil prices climbed. Brent crude hovered near a 5-month high at $110 per barrel and WTI traded just below $100, following Houthi rebel attacks on Saudi Arabia amid the ongoing Middle East conflict. The tech sector fell, led by Nvidia (NVDA) and AMD (AMD), while memory makers Micron (MU) and SK Hynix (SKHY) also declined as Monday's rebound in the AI trade faded. Investors focused on earnings from GM, GE Aerospace and RTX released Tuesday, with SpaceX, Tesla and Meta also expected to report later in the week.

  Yahoo Finance·20/10, 13:43▼ NVDA▼ QQQ▼ SPYNVDANasdaqoil prices
• Nvidia’s CEO Says “All of This Is Going to Pass” After Tech Lost $1 Trillion in a Day

  On October 16, 2026, tech stocks lost more than $1 trillion in value in a single session as oil and Treasury yields rose. In Berlin, Nvidia CEO Jensen Huang said “all of this is going to pass” and that AI will benefit every industry, but he announced no new orders, guidance or customers. The Nasdaq 100 fell 2.5% to 29,187.55, and the Philadelphia semiconductor index dropped 3.8%, its eighth straight losing day and longest such streak since 2008. Nvidia slipped 1.43% to $214.13, a $5.17 trillion market value, holding up better than AMD, Intel, Micron and Broadcom. The article argues Huang’s comments do not address the real drivers of the selloff, namely WTI crude at $101.91 on October 14 and the 10-year Treasury yield at 5.10% on October 15, and calls the November 18 earnings report the key test.

  Yahoo Finance·17/10, 11:15▼ NVDA▼ QQQ▼ SPYNVDAtech stockssemiconductors
• We're downgrading this retail stock after a big comeback. Plus, AI names slide again

  U.S. stocks fell Friday, with the Nasdaq down about 2.2%, the S&P 500 off 1.2% and the Dow down about 300 points, or 0.6%, as AI and infrastructure stocks came under pressure over rising capital costs and slowing revenue growth at Anthropic. The SOXX semiconductor ETF fell another 3% on the day and is down about 15% since its last positive day on October 5, while WTI crude climbed back to $100 per barrel. Defensive names such as Kimberly-Clark, Eli Lilly and Cardinal Health drew rotational buying, while CrowdStrike and Palo Alto Networks were among the portfolio's biggest decliners. The CNBC Investing Club downgraded TJX to a hold-equivalent 2 after shares rallied about 5% this week to $147, pushing the position to about 4.25%. Capital One and Meta are the only two portfolio companies scheduled to report next week.

  CNBC·16/10, 18:46▼ NVDANasdaqNVDAsemiconductors

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• Cardano holders are being asked to bet $5 million on copper hitting a new record

  Toto Finance is asking Cardano's treasury for 22 million ADA, about $5 million, to buy and tokenize copper, with voting closing Nov. 15. About two-thirds of the budget would buy copper stored in a COMEX-approved warehouse for 18 to 24 months before sale, while the rest covers storage, insurance, audits and Toto's work. If the full budget is spent and ADA's dollar price stays unchanged, copper would need to rise about 49.4% for the treasury to recover its investment, and there is no guarantee the treasury gets its original ADA back. Toto could receive up to 3.36 million ADA, roughly 15% of the request, and would keep its commercial rights to its tokenized-copper business. The proposal would use just over half of Cardano's remaining withdrawal allowance, which would not be replenished under existing rules.

  CoinDesk·23/10, 04:36cryptocommoditiescopper
• Bitcoin Core changes security policy as AI makes bugs easier to find

  Bitcoin Core is changing its security disclosure policy because large language models have made some flaws easy to rediscover, so long embargoes offer little protection. Under the new policy, vulnerabilities deemed easily discoverable will be fixed as soon as possible across all maintained major versions, with security advisories published alongside the updates. Other flaws will follow severity-based schedules: low-severity bugs will be disclosed two weeks after the fix is released, while medium and high-severity bugs will be disclosed two weeks after the last affected release reaches End of Life, typically a year after the fix. The change follows a volunteer Bitcoin Red Team report of nearly 5,000 potential issues across 390 projects in August, though only about a fifth had been reproduced at that point.

  Cointelegraph·23/10, 04:34bitcoincryptoartificial intelligence
• Asia FX steadies as oil surge weighs on risk appetite, yen holds gains

  Asian currencies and the U.S. dollar were largely subdued on Friday as investors weighed rising energy costs and geopolitical tensions, while the yen held its gains after a safe-haven rally tied to concerns over global growth and tech valuations. The U.S. Dollar Index was flat at 101.60 by 03:33 GMT, near a three-week low and on track for a second straight weekly loss. USD/JPY edged up 0.1% to 156.90 after a nearly 1% drop in the previous session, as the yen reached its highest level in more than a month. Brent crude near $114 a barrel, after a 4% jump on Thursday following attacks in Saudi Arabia, raises inflation risks for energy importers such as Japan, India and South Korea. The Indian rupee extended its losses, with USD/INR up 0.3% to 95.109, while the yuan hovered near four-year lows; the Fed is expected to hold rates at 3.75%-4.00% on October 28, with ECB and BoJ decisions due on October 29 and 30.

  Yahoo Finance·23/10, 04:29▼ USD/JPY▼ AUD/USD• DXY▼ NZD/USDexchange ratesUS dollaroil prices
• Securities firm with the heaviest loss in the sector in Q3 2026 revealed

  APG Securities (APG) posted a pre-tax loss of nearly 108 billion VND in Q3 2026, compared with a profit of nearly 20 billion VND a year earlier, the largest loss among securities firms that have reported Q3 results. Revenue fell 21% to nearly 69 billion VND and gains from FVTPL financial assets dropped 93%, while operating expenses rose to nearly 124 billion VND, mainly due to a 119 billion VND loss on FVTPL assets. Financial expenses rose nearly 33% to 43.5 billion VND, mostly interest costs. For the first nine months, APG recorded a pre-tax loss of nearly 105 billion VND, against a profit of over 28 billion VND a year earlier, putting its 2026 pre-tax profit target of 20 billion VND under pressure.

  CafeF·23/10, 04:21brokeragesearningsVietnam
• IonQ vs. Rigetti Computing: Which Quantum Computing Stock Is the Better Buy?

  The article compares quantum computing companies IonQ (ion-based) and Rigetti Computing (superconducting). Rigetti reported Q2 revenue of $5.1 million, up from $1.8 million in 2025, but an operating loss of $28.1 million, and held $541.3 million in cash and investments; it also received a $100 million award from the U.S. Department of Commerce. IonQ posted Q2 revenue of $80.1 million and forecasts 2026 sales of $280–290 million versus $130 million in 2025, though its Q2 operating loss widened to $337.2 million from $160.6 million, and the Elisity deal involves stock valued at up to $1.3 billion. The author judges IonQ the better investment given its consistent revenue growth, says they bought IonQ shares, and notes Rigetti's price-to-sales ratio is more than six times IonQ's.

  Yahoo Finance·23/10, 04:20quantum computingIonQvaluation
• Hoa Binh Construction dismisses a Deputy General Director

  Hoa Binh Construction (HBC) dismissed Nguyen Kinh Luan from his position as Deputy General Director effective 1 November 2026, for personal reasons, and he will remain a Board member. Earlier, on 15 September 2026, Mr. Luan resigned from all his positions at the company and related entities. Separately, on 18 September 2026, the company distributed more than 51.4 million shares to 99 creditors to swap debt of nearly VND 514.2 billion, equal to 100% of the shares issued. The swapped shares are restricted from transfer for one year and are expected to be delivered within 30 days after the issuance closes.

  CafeF·23/10, 04:05constructionVietnam