These Consumer Stocks Are Getting a Lift as Investors Rotate Out of Tech

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• Tech stocks had a nice oversold bounce on Monday. Earnings this week will determine if it's for real

  The S&P 500 and Nasdaq Composite rallied Monday as AI and chip stocks rebounded, with the iShares Semiconductor ETF (SOXX) on pace to snap a nine-day slump and the iShares MSCI South Korea ETF (EWY) up 4%. Last week, the S&P 500 fell nearly 2%, its worst weekly decline since late June, while the Nasdaq Composite dropped 4.5%. Whether the rebound lasts will depend largely on results from big tech names such as Meta and Tesla, as well as SpaceX, which reports after the bell Tuesday. Of the 47 S&P 500 companies that have reported third-quarter results, 85% have beaten expectations, but most tech earnings are still to come. Sameer Samana of Wells Fargo Investment Institute sees the AI selloff as a 'reality check' rather than a full-blown unraveling, though pressure may last through the midterms.

  CNBC·19/10, 20:57▲ QQQ
• Inflation Just Spooked the Market -- But There's Still Good News for Patient Investors

  The September CPI rose 0.6% from the prior month and 3.7% year over year, up from 0.4% and 3.4% in the previous report, raising the odds of Federal Reserve rate hikes and pushing the S&P 500 down 1.1% that day. The author argues such swings are daily noise: so far in 2026, the S&P 500 has fallen more than 1% 18 times and gained more than 1% on 19 occasions. In a hypothetical example, $10,000 put into the SPDR S&P 500 ETF (SPY) in October 2006 grew to $56,170 in share price terms, or $80,970 with dividends reinvested, despite a drop of more than 50% after the subprime crash, a COVID-19 plunge and the 2022 inflation crisis. Adjusted for inflation, $10,000 in October 2006 equals about $16,697 today, so the position is well ahead of inflation.

  Yahoo Finance·19/10, 20:53▼ SPY▼ QQQ
• Nasdaq climbs as chip and AI-linked stocks bounce back

  The Nasdaq Composite rose 1.18% on Monday as investors returned to chip and AI-related stocks, with the Philadelphia Semiconductor Index up about 2% after an eight-day, 15.7% slide. The rebound came ahead of major tech earnings, while worries about financing costly AI infrastructure and higher interest rates continued to weigh on the market. Last week, the S&P 500 and Nasdaq posted their biggest weekly drop since late June, and CoreWeave shares plunged over its $50 billion debt load. Amazon rose 4.8% after Morgan Stanley named it a top pick, Cleveland-Cliffs surged about 16% on third-quarter profit above estimates, and U.S. crude rallied about 2.3% to nearly $104 a barrel. Meta and Tesla report Wednesday and SpaceX reports Tuesday, and one analyst cautioned the market is 'far from out of the woods.'

  koreatimes.co.kr·19/10, 20:45▲ NVDA▲ QQQ
• Update: Tech-Heavy Nasdaq Leads Wall Street's Relief Rally Ahead of Key EarningsYahoo Finance·19/10, 20:42▲ QQQ▲ SPY
• Palantir, Datadog and chip stocks bounce back as Amazon lifts Wall Street

  Tech stocks rebounded Monday even as most of Wall Street stayed weak. Palantir (PLTR) and Datadog (DDOG) each gained over 4%, with chip stocks also recovering from last week's losses. Bernstein upgraded Datadog on stronger AI-related demand, while Palantir announced a government-cloud partnership but faced a potential selling zone around $195–$200. Amazon (AMZN) rose 5% after Morgan Stanley named it a top pick, helping the Nasdaq Composite gain 1.1% and the S&P 500 add 0.4%. CoreWeave (CRWV), however, finished slightly lower at $61.12, just above its July closing low of $60.82, and nearly two-thirds of S&P 500 stocks fell.

  Yahoo Finance·19/10, 20:40▲ AMZN▲ NVDA▲ QQQ▲ SPYWall StreetAMZNNasdaq
• Stock Market Today: Dow Dips As Oil Jumps, Nasdaq Pops; Amazon Stock Rallies On ThisYahoo Finance·19/10, 20:40▲ AMZN▲ QQQ• SPY

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• Anthropic Gives 5% of Itself to the Public. Musk Answers by Giving Away SpaceX Shares

  Anthropic will commit 5% of its shares to a new Public Benefit Fund, subject to stockholder approval, and says roughly 20% of its stock will go to public causes once co-founder and employee pledges are counted. Elon Musk responded by promising one SpaceX share to every U.S. child next year, a giveaway worth more than $10 billion at current prices. The fund follows a draft AI safety bill Anthropic pitched to lawmakers, which would let the government block models posing a risk of killing or injuring more than 50 people or causing over $1 billion in damage. Anthropic is preparing an IPO as soon as November at a reported valuation of around $2 trillion, which would put its 5% stake at about $100 billion on paper rather than in cash. The fund is a wholly owned LLC rather than a nonprofit, and it cannot be used for lobbying or political donations.

  Decrypt·19/10, 21:15
• Power company announces an important decision

  CTCP Nhiệt điện Quảng Ninh (QTP) says its board approved the EPC contract for package 05 of its flue gas treatment upgrade project, signed with the SEC-Pacific joint venture of Shanghai Electric Group and CTCP Tập đoàn Thái Bình Dương on a fixed-price basis. The contract is worth over 89.75 million USD and nearly 902 billion VND, about 3,271 billion VND in total, with 38 months to complete. SEC-Pacific was the only bidder to pass technical evaluation, as rival CISDI failed to reach the minimum score. The company has also appointed two deputy general directors this year, Nguyễn Công Kiên from 12/8/2026 and Dương Thành Công from 16/10/2026, after former board member Lê Việt Cường was arrested in February 2026 over alleged forgery of documents. For the first six months of 2026, net revenue reached nearly 6,359 billion VND, up over 10%, and profit after tax about 524 billion VND, up over 44%, already exceeding its full-year 2026 profit plan.

  CafeF·19/10, 21:15• NT2• POW
• Aeroméxico Reports Unaudited Third Quarter 2026 Results

  Aeroméxico reported unaudited third-quarter 2026 results, with record revenue of $1.6 billion, up 13.6% year over year, driven by international passenger demand, premium cabins, loyalty and cargo, which grew 15.8%. Fuel expense rose 57.6% to $469.0 million as jet fuel prices hit historic highs, but adjusted EBITDAR reached $389.2 million, a 24.0% margin, and operating income was $189.6 million, an 11.7% margin. The company recognized $48.7 million from an updated loyalty program breakage estimate, its first such alignment since 2018. Management expects fourth-quarter revenue to grow about 15% year over year, assuming an average all-in fuel price of about $4.5 per gallon and an exchange rate of 18.0 Mexican pesos per U.S. dollar.

  Yahoo Finance·19/10, 21:06
• Why Berkshire's Latest Move Proves It's Not Really a Warren Buffett Company Anymore

  Greg Abel took over as Berkshire Hathaway CEO at the start of 2026, though Warren Buffett and Abel are reportedly in regular contact on investment decisions. Berkshire has taken a stake in Milan-based Bending Spoons, investing $600 million in its IPO over the summer and adding $330 million since, a position of about 0.4% of its portfolio. The author argues this is out of character for Buffett, who was skeptical of acquisitive companies and prefers consistent, predictable earnings, while Bending Spoons buys and turns around troubled software businesses. The author sees the move as a possible turning point toward more risk-taking and tech investment under Abel, and suggests a wait-and-see approach to the stock until his investment choices become clearer.

  Yahoo Finance·19/10, 21:05
• Solana treasury firm SkyAI sells all SOL holdings, launches $201M buyback

  SkyAI, formerly Sharps Technology, has sold its entire Solana (SOL) treasury and launched a tender offer to buy back up to $201.3 million of shares and warrants, reversing its crypto accumulation strategy. As of Oct. 16 the company held about $223.8 million in cash, and the offer covers up to 95% of each class of shares and warrants at a fixed price, no longer tied to SOL's price as originally planned. The company says it will keep building a financial platform that combines stablecoin infrastructure on Solana with artificial intelligence. The strategy began in August 2025 after a private placement of more than $400 million, and by the end of 2025 it had produced about $153 million in unrealized losses. SkyAI shares closed Monday at $2.79, up 5.3% on the day.

  Cointelegraph·19/10, 21:04▼ SOL/USDT
• What Changed In Home Depot's Story?

  Home Depot's management now emphasizes faster delivery rather than the global sourcing strategy it highlighted in 2025. On the August 18, 2026 call it announced the nationwide launch of Express Delivery, with arrival in 3 hours or less for tens of thousands of products, and said U.S. delivery lead times were cut by about 45% over 18 months. Digital sales rose 11% in the quarter ended August 2, 2026, versus 5.7% growth in total revenue, marking a fifth straight quarter of double-digit digital growth. Tariff refunds of $730 million helped lift gross margin to 33.7% from 33.4% a year earlier, as the refunds added about 145 basis points before higher costs took back about 60 of them. Based on management's own figures, the margin would have dropped below the prior-year level without the refunds, and management reaffirmed a full-year gross margin projection of about 33.1% while saying fuel, energy and input costs will fully offset the tariff benefits.

  Yahoo Finance·19/10, 20:55