See the full story in the original article.
Read the original on Yahoo Finance ↗
Related tickers and likely impact
SPY
▼ Likely negativeSPDR S&P 500 ETF
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/13/2026 | 778.01 |
| Change that session | -0.01% |
QQQ
▼ Likely negativeInvesco QQQ Trust
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/13/2026 | 743.57 |
| Change that session | -0.33% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Builders slash prices on new homes as buyer traffic drops to 14-year low
- Why fears of another Black Monday crash are completely overblown
On the 39th anniversary of the 1987 Black Monday crash, when the Dow plunged 22.6% in a single session, Yahoo Finance's Brian Sozzi argues that fears of a repeat today are unfounded. He cites five reasons: strong corporate earnings, Nvidia trading at 24 times forward earnings, a Federal Reserve that may be done hiking rates for the rest of 2026, Anthropic's expected S-1 filing this week ahead of a mid-November IPO, and no economic data pointing to a sharp slowdown with consumer spending still strong. The 1987 crash wiped out roughly $500 billion in US stock value, and Hong Kong fell 33% after reopening from a four-day shutdown.
- Intel leads chip stocks higher as investors jump back into AI trade
Chip stocks rebounded on Monday as investors bought the dip after last week's steep AI trade sell-off. The PHLX Semiconductor Index (^SOX) rose 2%, reversing a recent semiconductor rout. Intel (INTC) jumped 5% after JPMorgan upgraded the stock to Buy, citing "solid execution." Nvidia (NVDA) and AMD (AMD) also gained, while a Goldman Sachs upgrade of CoreWeave (CRWV) to Buy from Neutral helped lift AI sentiment. Arm Holdings (ARM), Micron Technology (MU) and SK Hynix (SKHY) also rebounded after sharp declines last week.
- Tech rebounds as semiconductor stocks jump: AlphaCheck
Stocks were mostly higher on Monday as investors turned their focus to earnings season, with semiconductor stocks rebounding after last week's sharp sell-off. The Tech sector (XLK) rose, led by Nvidia (NVDA), AMD (AMD), Micron (MU) and SK Hynix (SKHY). Intel (INTC) also jumped after JPMorgan analysts upgraded the stock, while CoreWeave (CRWV), hammered last week, rebounded on a Goldman Sachs upgrade. Investors are watching this week's reports from Netflix (NFLX), SpaceX (SPCX), Tesla (TSLA) and Meta (META). The 10-year Treasury (^TNX) yield hovered near 5.1%, while Brent crude (BZ=F) dropped to $108 per barrel and WTI (CL=F) hovered below $98.
- Will the Fed Raise Rates This Month? Here's What Markets Say.
The latest CPI report showed September inflation came in hotter than expected: headline CPI rose 3.7% year over year and 0.6% from August, while core CPI rose 2.6% year over year and 0.3% monthly. This suggests the Fed could hike for a second straight time at its Oct. 27-28 meeting. However, futures traders price an 85.1% chance the Fed holds its rate at 3.75% to 4% in October and a 74.1% chance it resumes hiking in early December. The two-year Treasury yield has eased to 4.73% from 4.93% in September, signaling lower expectations for hikes, though it remains above the current rate. The author notes that stocks tend to perform better when the Fed moves slowly, and sees new Fed Chair Kevin Warsh, in the role since May, as an incrementalist.
- Stocks bounce back, Anthropic's "Public Benefits", and Musk's promise to American kids
The 8:30 show, hosted by Julie Hyman, Pras Subramanian and Jake Conley, discusses the stock market's rebound. Other topics include Anthropic's (ANTH.PVT) commitment to a “Public Benefit” fund, Elon Musk's promise to American children about SpaceX (SPCX) stock ahead of earnings, and doubts over an IPO after Microsoft (MSFT) withdrew.
Related markets
Latest news
- Intel stock pops after JPMorgan gives a Neutral upgrade
JPMorgan (JPM) upgraded Intel (INTC) to Neutral from Underweight. The note points to improving execution under CEO Lip-Bu Tan, potential foundry customers for next-generation manufacturing, and rising earnings estimates for 2027 and 2028.
- Netflix stock is down roughly 25% in 2026 as Q3 earnings loom
Netflix (NFLX) reports third-quarter results after the bell on Tuesday, with the stock down more than 25% this year and closing Friday near $70, versus $93.76 at the end of 2025. Investors are worried about slowing viewership, competition from YouTube, and live sports moving to Amazon Prime Video and HBO Max. Last week Netflix cut about 6% of its workforce (roughly 1,000 employees) and named Peter Rice its new chief content officer, and five firms lowered price targets in October. Analysts expect EPS of $0.82 on revenue of $12.88 billion, up about 12% from a year earlier, in line with Netflix's own forecast. KeyBanc's Justin Patterson wants more content investment, product changes, expense cuts and a possible first-ever dividend.
- Cleveland-Cliffs Jumps 10% on Strongest Quarter in Three Years; Nucor and Steel Dynamics Edge Higher
Cleveland-Cliffs (CLF) rose 10% to $13.29 after reporting third-quarter adjusted EBITDA of $612 million, beating its $575 million guidance and up sharply from $143 million a year earlier. Revenue of $5.61 billion missed the $5.72 billion expected, though sales rose 18.6% year over year on a higher average net selling price of $1,177 per ton and larger shipments. Management said imports remain well below historical levels, but it indefinitely idled the galvanizing lines at its Canadian unit Stelco due to oversupply. The company guided to about $715 million of adjusted EBITDA in Q4 and said 2027 adjusted EBITDA should exceed $4 billion based on current index price forecasts. Its target is to bring net debt to EBITDA below 2.5x by mid-2027.
- AI capex may be Meta's biggest earnings test
Meta Platforms (META) reports third-quarter earnings after the close on Wednesday, alongside a wave of Big Tech peers. The GAAP EPS estimate is $3.54, though that figure may be messy because a legal settlement will be included and analysts differ on how it will be accounted for. Options imply a 3.2% move in either direction, the smallest since the fourth-quarter report before last. Estimates for next year's capex vary widely: Wedbush near $250 billion, Evercore ISI $210 billion, Bank of America $205 billion and Dan Ives around $194 billion. Most analysts say that spending is acceptable if Meta provides a Muse roadmap and confidence it can monetize it, and the stock is up about seven and a half percent year to date.
- Governor Pham Duc An: Supporting women's access to capital must be tied to sustainable livelihood development
On October 19, 2026, the State Bank of Vietnam (SBV) and the Vietnam Women's Union signed a 2026–2030 cooperation programme to help women access credit, banking and digital financial services for sustainable livelihoods. By the end of 2025, outstanding loans entrusted through the Union's branches from the Vietnam Bank for Social Policies reached over 153,400 billion dong, serving nearly 2.5 million customers; as of September 30, 2026, about 9,200 Agribank loan groups managed by the Union had nearly 157,000 members and nearly 30,000 billion dong in outstanding loans. By 2030, the programme aims to support and advise 50,000 women-led businesses and strengthen at least 1,500 cooperatives and 10,000 cooperative groups. Governor Pham Duc An said the programme will broaden the participation of credit institutions, microfinance providers and payment service providers.
- Earnings live updates: All eyes on Musk and Meta as Q3 earnings rev up
Big tech is the focus of this week's earnings season, with Meta (META), SpaceX (SPCX) and Tesla (TSLA) due to report. SpaceX and Netflix (NFLX) kick off on Tuesday after the bell, while Tesla and Meta report on Wednesday, offering an early read on the Magnificent Seven and the AI trade. Wall Street estimates S&P 500 earnings growth of 29.6%, according to FactSet; if that holds, it would be the third straight quarter of growth above 25%. General Motors (GM), IBM (IBM), United Airlines (UAL) and Procter & Gamble (PG) also report this week.
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.