The Magnificent 7 stocks are seeing stunning declines

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• Tech firms take fresh hit as earnings misses fan AI fears

  Tech stocks extended their losses after disappointing earnings from major Wall Street firms deepened concerns about the AI investment boom. Alphabet plunged more than 12 percent and Amazon more than seven percent in after-hours trade, while Intel cratered 23 percent on weak demand for PC processors and supply-chain problems; the Nasdaq finished down more than one percent. In Asia, SK hynix dived almost nine percent and Samsung lost more than six percent, while Kioxia and Advantest each shed more than nine percent and SoftBank skidded around seven percent. Floodlines Research's Anna Wu said the concern is not that AI demand has already slowed, but that higher funding costs and credit risk could eventually force hyperscalers to slow their build-out. Regional markets also fell, with Seoul down more than five percent, Taipei more than three percent and Tokyo more than two percent, after SK hynix had reported operating profit soaring 632 percent and Anthropic a first-half revenue surge of about 1,300 percent in its IPO filing.

  Yahoo Finance·30/10, 02:49▼ AMZN▼ QQQ▼ GOOGL▼ METAearningsartificial intelligencetech stocks
• AI Stocks Snap Back Ahead of Big Tech Earnings

  AI stocks received a much-needed boost. The timing coincides with a wave of key earnings reports.

  Yahoo Finance·26/10, 20:01▲ AMZN▲ GOOGL▲ META▲ MSFTtech stocksartificial intelligenceearnings
• Tech Layoffs 2026 : Job cuts near 2 lakh globally as big tech like Microsoft , Google , Oracle , Meta & more pivot to AI

  Tech job cuts continued through 2026 as major firms restructure around AI, with nearly 196,000 tech workers affected globally as of late October. May was a peak month, when nearly 29,000 tech jobs were eliminated. The cuts are concentrated at highly profitable companies and are often rewarded by investors, as they signal margin expansion. The main driver is shifting capital toward AI data centres, foundation models and specialised talent. Indian IT services firms have also reported muted headcount growth, slowed fresher hiring and emphasised upskilling and automation, with revenue per employee and AI readiness now key measures of corporate health.

  livemint.com·25/10, 12:30• GOOGL• META• MSFT▲ NVDAemploymentartificial intelligencetech stocks
• AI Sell - off Exposes the Cost of Financing the Technology Boomslguardian.org·25/10, 09:30▼ NVDA▼ AMZN▼ GOOGL▼ METAartificial intelligencetech stocksNVDA
• Tech stocks tumble Friday , AI shares lead the waydallassun.com·16/10, 21:00▼ NVDA▼ QQQ▼ AAPL▼ AMZNtech stocksartificial intelligenceNVDA
• Tech stocks tumble Friday , AI shares lead the wayafghanistansun.com·16/10, 19:45▼ NVDA▼ QQQ▼ SPY▼ AAPLtech stocksartificial intelligenceNVDA

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• More than 450 stocks sink into the red

  The VN-Index closed the October 30 session at 1,741.62 points, down 13.99 points (0.8%), its second straight decline. It fell more than 25 points at one point to near 1,728, then recovered about 14.6 points on afternoon bottom-fishing and support from large caps such as VIC, VHM and GAS, but still ended below 1,750. On HoSE, 67 stocks rose and 245 fell, while 453 stocks declined across all three exchanges on liquidity of about 15,770 billion VND. All 13 bank stocks in the VN30 fell, and bank sector liquidity of about 2,794 billion VND was the lowest in 20 sessions. Foreign investors net sold more than 641 billion VND, led by VIC (about 354 billion VND) and TCB (over 133 billion VND).

  CafeF·30/10, 10:35▼ VNINDEXVNINDEXforeign investorsbanks
• National Assembly Deputy: “Citizens Still Hold About 500 Tonnes of Gold, Roughly 12% of GDP”

  Deputy Lê Hoàng Anh of Gia Lai told the National Assembly that the economy still relies heavily on bank credit, with outstanding loans around 155% of GDP while nearly 80% of mobilised funds have maturities under 12 months. He highlighted a paradox: household deposits exceed 11.2 million billion VND and citizens hold about 500 tonnes of gold, roughly 12% of GDP, yet the corporate bond market is only 11% of GDP, short of the 20% target for 2025. The lack of domestic capital channels has pushed many Vietnamese tech firms to set up foreign parent companies to raise funds. He proposed three measures: lending based on cash-flow data such as e-invoices, tax and trade records; keeping equity capital at home through holding companies in the International Financial Centre and attracting parent companies back at reasonable tax cost; and channelling household savings via voluntary pension funds, open-end funds and a pilot gold certificate scheme.

  CafeF·30/10, 10:34goldcreditbonds
• Here’s the math on Amazon CEO’s claim to be on path to two trillion-dollar revenue businesses

  Amazon CEO Andy Jassy set an ambitious target during the conference call announcing third-quarter earnings.

  MarketWatch·30/10, 10:34▲ AMZNAMZNearningstech stocks
• From G-DRAGON and T1 to BIGBANG: VPBank Builds an “Exclusive Universe” for Vietnamese K-pop Fans

  The article presents VPBank's push to build a K-culture ecosystem, with its bank card positioned as the “passport” for fans to access events. One customer, Nguyễn Phương Mai of Đà Nẵng, said her VPBank Mastercard let her buy BIGBANG concert tickets three days ahead of the general sale, and she attended the show at Mỹ Đình stadium, which drew nearly 90,000 fans. The bank previously backed events such as VPBank K-Star Spark 2025, offering Visa cardholders early access and discounts of up to 20%, and presale access for Mastercard holders at the G-DRAGON World Tour. According to the article, VPBank aims to combine the draw of events produced by VPShow with card-linked privileges to deepen customer relationships.

  CafeF·30/10, 10:30VPBankbanksVietnam
• Look Who's Upgrading America's Nuclear Forces Now

  The U.S. Air Force awarded RTX a sole-source contract worth up to $8 billion to restart production of modernized Strategic Communications Terminals used by the Air Force Nuclear Weapons Center at Kirtland Air Force Base, which manages nuclear commands for land-, sea- and air-launched weapons. The initial award is $800,000, with payments spread over 10 years and completion set for October 2036, and DefenceBlog.com reports the effort aims to modernize most parts of the nuclear triad at once. The author notes the roughly $800 million a year is under 1% of RTX's $96 billion revenue and estimates the contract could add about $90 million in annual operating profit, small against $10.3 billion last year. The author expects limited impact on the stock, which trades at 31 times earnings and still looks overvalued.

  Yahoo Finance·30/10, 10:26RTXdefensevaluation
• Microsoft Just Announced Incredible News for Nvidia Shareholders

  Microsoft's fiscal 2027 first-quarter report showed that about 75% of its capital expenditure went to short-lived assets, mainly CPUs and GPUs, which the article says points to significant growth for Nvidia as a supplier. Microsoft expects capex to accelerate in the second half, again driven by CPUs and GPUs, and forecasts $170 billion in capex for the calendar year. The article says this spending reflects demand already in place rather than speculative build-out. Nvidia stock rose more than 1,100% over the past three calendar years but is up only 15% this year, while data center sales make up 92% of its total sales. The author argues the underlying picture remains strong despite investor concerns about AI spending.

  Yahoo Finance·30/10, 10:25▲ NVDANVDAAI investmentdata centers