Sinking AI stocks undercut markets worldwide as oil climbs higher

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• Alphabet Has Lost About $860 Billion Since Its Peak, Nearly a Whole Walmart. Apple Has Avoided the AI Race and Is Near All-Time Highs.

  Alphabet has lost about $860 billion in market value since its peak, nearly the value of Walmart ($937.1 billion), while Apple is roughly at its all-time high. Since ChatGPT launched, Apple is up 133.5% and Alphabet 232.5%, but year to date Apple is up 25.26% and Alphabet just 6.47%. The gap largely reflects capital spending: in the June quarter Alphabet spent $44.92 billion on data centers, chips and equipment versus Apple's $2.455 billion, and Alphabet guides to as much as $185 billion for the full year. Alphabet trades at 15 times trailing earnings versus Apple's 44 and is growing faster, but it has suspended buybacks and its long-term debt rose from $46.5 billion to $98.2 billion. The article concludes Apple is the better fit for a retirement-focused portfolio today due to steadier cash returns, though it could fall behind if AI pays off.

  Yahoo Finance·21/10, 16:06▼ GOOGL▲ AAPLGOOGLAAPLartificial intelligence
• Meta and Google are about to have a consumer AI showdown

  Meta (META) and Google (GOOG) are heading for a showdown over consumer AI assistants, a race to control the next dominant tech platform. Meta's Muse, which launched last month as the first popular AI agent for everyday users, has hit a download milestone, but cautious users may wait for Google or Apple (AAPL) given how much trust is needed for emails, calendars and wallets. Bank of America analysts said Google is well positioned with proprietary models, custom silicon and broad distribution, and a competitive agent or broader Gemini 4 launch could be catalysts. The two firms account for more than half of global digital ad revenue, yet AI agents could move users away from the screen-phone-app model that underpins those businesses.

  Yahoo Finance·21/10, 10:00• GOOGL• META• AAPLMETAGOOGLartificial intelligence
• Does the AI Selloff Put Alphabet's Breakout in Doubt?

  Alphabet (GOOGL) was pressing toward a possible breakout after Google made its Gemini 4 Argon model broadly available on Oct. 13, scoring 53 on the Artificial Analysis Intelligence Index, matching OpenAI's flagship. A broad AI-led market sell-off on Oct. 14 pushed the stock back toward the bottom of its trading range. The article says the breakout setup stays valid only while the stock holds above its 200-day moving average, around $340. Analysts keep a Buy consensus with an average price target of $425.04, implying about 22% upside, though the near-term outlook has become less clear.

  Yahoo Finance·17/10, 14:05▼ GOOGL▼ NVDA▼ QQQ• SPYGOOGLNVDAartificial intelligence
• Tech stocks tumble Friday , AI shares lead the waydallassun.com·16/10, 21:00▼ NVDA▼ QQQ▼ AAPL▼ AMZNtech stocksartificial intelligenceNVDA
• Alphabet Stock Can Soar 22%, J.P. Morgan Says. Why Google Can Defy AI Fears.Yahoo Finance·15/10, 17:48▲ GOOGLGOOGLartificial intelligencetech stocks
• Is Alphabet (GOOGL) Fully Valued After Its Unity Spark Gaming AI Push?

  Google and Unity announced Unity Spark, an AI-powered creation platform that turns simple text prompts into playable games, tying Alphabet's (GOOGL) AI push more closely to gaming. Alphabet's 1-year total shareholder return is 38.61% and its 5-year return is 147.35%, although the latest 1-day share price return fell 1.74%. Against a $347.64 close, the most followed narrative sets fair value at $202.62 and rates the stock 72% overvalued. However, the stock's P/E of 17.4x sits below the 30.9x for peers and the fair ratio of 27.7x. The article highlights two risks: heavier antitrust remedies and AI tools that could erode high-margin search economics.

  Yahoo Finance·15/10, 14:13• GOOGLGOOGLartificial intelligencevaluation

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Latest news

• Bank Profits Surge

  The 9-month 2026 results show many banks continued to grow profits, with some posting record quarterly earnings. VPBank's pre-tax profit reached nearly VND 30,000 billion, up nearly 47%, equal to its full-year 2025 result and about 72.4% of its 2026 plan; Q3 pre-tax profit topped VND 11,000 billion. Techcombank posted VND 28,900 billion (up 23.7%), while LPBank reported VND 10,421 billion (up nearly 9%). SSI forecasts pre-tax profit of its monitored banks to rise 19.5% in 2026 before slowing to 15.4% in 2027, pressured by narrowing net interest margins and rising credit risk provisions. It also expects system-wide credit growth of 16-17% in 2027 and 17.9% for the monitored banks.

  CafeF·23/10, 03:57▲ VNINDEXbanksearningscredit
• World's Largest Gold Fund Dumps Over 10 Tonnes of Gold as Prices Slide

  SPDR Gold Trust, the world's largest gold fund, continued net selling of nearly 12 tonnes of gold in the 22/10 session, bringing total sales over 2 sessions to nearly 15 tonnes and cutting its holdings to about 1,046 tonnes. Spot gold fell more than 2.8% to around USD 4,025 per ounce at the close of 22/10, and briefly dipped below USD 4,000 per ounce in the morning session of 23/10. Tensions in the Middle East pushed crude oil prices higher, raising concerns about inflation and further Fed tightening, and gold has still not attracted sustained safe-haven demand even as US Treasury yields fell. US September CPI rose 0.6% month on month and 3.7% year on year, while PPI rose 1.3% and 6.3%. Markets price about an 84% chance the Fed holds rates steady at its 27-28/10 meeting and a 16% chance of a 25 basis-point increase; September PCE data due on 29/10 is the next key factor to watch.

  CafeF·23/10, 03:57▼ XAU/USD▼ PAXG/USDT▼ XAUT/USDTgoldinflationFed
• Gold Prices Continue to Fall

  On the morning of 23/10, domestic gold prices kept falling, with SJC bar prices varying by seller and the premium over world gold widening. Công ty TNHH Vàng bạc đá quý Sài Gòn listed SJC bars at VND 139-142 million per tael (buy-sell), down VND 300,000; Phú Quý was at VND 138-141.8 million, down VND 500,000; and Mi Hồng at VND 140-141.5 million, down VND 800,000. Gold rings also fell by varying amounts, with DOJI at VND 138-142 million and Phú Quý at VND 138-141 million per tael. World gold dropped USD 129 to around USD 3,992 per ounce, equal to about VND 125.3 million per tael, leaving SJC bars about VND 16.7 million per tael above the world price. The State Bank's central rate was set at 25,627 VND/USD, down 5 dong, while Vietcombank quoted 25,660-26,040 VND/USD (buy-sell).

  CafeF·23/10, 03:48▼ PAXG/USDT▼ XAUT/USDT▼ XAU/USDgoldexchange ratesState Bank of Vietnam
• Company Linked to Billionaire Pham Nhat Vuong Announces Major Good News

  VEFAC (ticker VEF), a Vingroup subsidiary, posted Q3 net revenue of nearly VND 77 billion, up 67% year on year, but a gross loss of about VND 27 billion as cost of sales from its exhibition business exceeded revenue. Q3 profit rose mainly thanks to a gross gain of about VND 65 billion from transferring some schools in a project to a partner, while financial income reached over VND 388 billion, mostly from loan and investment income. For the first nine months of 2026, after-tax profit was nearly VND 865 billion, down about 94% from VND 15,418 billion in the same period of 2025, as the prior year included large gains from transferring part of the Vinhomes Global Gate project. As of 30/9/2026, total assets stood at over VND 31,905 billion, up 36% from the start of the year, while total liabilities exceeded VND 24,364 billion, with short-term customer advances rising from VND 411 billion to over VND 8,373 billion.

  CafeF·23/10, 03:41▲ VHM▲ VICreal estateearningsVietnam
• Lotte and Phat Dat Officially Break Ground on VND 60,000 Billion Mega Project in Thu Thiem 'Golden Land'

  A joint venture between Lotte Group (South Korea) and Phát Đạt (HoSE: PDR) officially broke ground on 23/10 on Lotte Eco Smart City Thu Thiem in the Thu Thiem New Urban Area, HCMC, with total investment of about VND 60,000 billion. The project covers nearly 7.5 ha and will combine Grade A offices, retail, services, accommodation and housing, adjoining the central plaza and central lake of Thu Thiem. Phát Đạt holds 35% of Lotte Properties HCMC, the project developer, and will develop the housing blocks along with two towers (2-1 and 2-3) with about 219,722 m2 of floor area, while Lotte handles block 2-5. Lotte Properties HCMC paid VND 17,569 billion in land-use fees on 31/7/2026, and Phát Đạt completed its VND 7,666 billion payment to take its 35% stake. MB is funding all of Phát Đạt's capital contribution, while VietinBank and BIDV also support the project.

  CafeF·23/10, 03:34▲ PDRreal estatehousingbanks
• International Business : Global stocks nosedive as Meta dents AI optimism

  Global stocks retreated as tech earnings failed to ease concerns about the AI outlook, with MSCI's All-World index set for its largest daily fall in two weeks, down 0.4 per cent. Meta beat third-quarter revenue expectations, but its plan to issue non-voting stock revived worries about its mounting capital commitments, and a New Mexico judge ordered it to pay a $25 billion penalty in a data privacy case. Brent crude rose nearly 3% to $112 a barrel, near a five-month high, after more Houthi attacks in Saudi Arabia raised supply risks. Investors moved into government bonds, pushing the US 10-year yield down to 5.05%, below France's for the first time in 13 years, while French yields have climbed above 5% amid concerns over social unrest and debt. The France-Germany 10-year spread reached 177.7 basis points, its widest since 2011, while gold fell 1.8% to $4,070 an ounce.

  gdnonline.com·23/10, 03:30▼ META▼ QQQ▼ SPY▼ NVDAtech stocksoil pricesbonds