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Keywords
tech stocksartificial intelligenceNVDANasdaq
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Related tickers and likely impact
NVDA
▼ Likely negativeNvidia
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.2T |
| Close on 10/16/2026 | 214.13 |
| Change that session | -1.43% |
QQQ
▼ Likely negativeInvesco QQQ Trust
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/16/2026 | 709.80 |
| Change that session | -2.50% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Nvidia CEO Says All of This Is Going to Pass After Tech Lost $1 Trillion in a Day
Nvidia CEO Jensen Huang, speaking in Berlin on October 16, 2026, said “all of this is going to pass” after a selloff that wiped more than $1 trillion from tech stocks in one day. The Nasdaq 100 fell 2.5% to 29,187.55, while the Philadelphia semiconductor index dropped 3.8% for its eighth straight losing day, its longest streak since 2008, as oil hit a five-month high. Nvidia slipped 1.43% to $214.13, while AMD, Intel, Micron and Broadcom fell between 4.52% and 5.95%. The article argues the pressure came mainly from oil and Treasury yields, with the 10-year at 5.10%, rather than from AI itself, and notes that Huang announced no new orders or guidance. Investors will look to Nvidia's November 18 earnings, where management guided to fiscal third-quarter revenue of $108.0 billion, plus or minus 2%.
- Tech stocks tumble Friday , AI shares lead the way
- Tech stocks tumble Friday , AI shares lead the way
- US markets weighed down by extended sell - off in the tech sector
- 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.
- US markets are weighed down by an extended sell - off in the tech sector – KTBB News , Weather , Talk
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Latest news
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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.
- 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%.
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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.
- 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.
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- 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.
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