See the full story in the original article.
Read the original on Yahoo Finance ↗
Keywords
artificial intelligencetech stocksAI investmentNVDA
Open a keyword to see other news on the same topic.
Related tickers and likely impact
META
▼ Likely negativeMeta Platforms
Relevance: high
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $1.9T |
| Close on 10/21/2026 | 698.43 |
| Change that session | +0.60% |
QQQ
▼ Likely negativeInvesco QQQ Trust
Relevance: high
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/21/2026 | 725.21 |
| Change that session | +1.06% |
NVDA
▼ Likely negativeNvidia
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.2T |
| Close on 10/21/2026 | 221.87 |
| Change that session | +2.49% |
SPY
▼ Likely negativeSPDR S&P 500 ETF
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/21/2026 | 773.13 |
| Change that session | +0.53% |
AMZN
▼ Likely negativeAmazon
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Broadline Retail |
| Market cap | $2.7T |
| Close on 10/21/2026 | 262.28 |
| Change that session | -0.13% |
GOOGL
▼ Likely negativeAlphabet Inc. (Class A)
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $4.3T |
| Close on 10/21/2026 | 334.67 |
| Change that session | -1.65% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- AI Stocks Are Hurting. Look at These Other Sectors for Protection.
- Meta, AI Stocks Tumble As AI Spending Fears Reignite
- AI stocks tumble and drag down markets worldwide as oil prices climb
- NVIDIA Corp.’s (NVDA): Surging AI Demand Across End-Markets Powers Standout Results
Calamos Global Equity Fund's Q3 2026 investor letter says the fund returned 16.57% year-to-date, outperforming the MSCI World Index and the Morningstar Global Large-Stock Growth category, but fell 2.87% in the third quarter, mainly due to weakness in information technology and industrials. Strength in utilities and materials helped offset some of that drag, and the fund views the rotation in AI leadership as a healthy pause with the broader AI buildout still in early stages. The letter highlights NVIDIA Corporation (NASDAQ:NVDA), which closed at $216.47 on October 20, 2026, down 4.01% over the past month and up 20.07% over the past year, with a $5.22 trillion market cap and a 52-week range of $164.27 to $243.37. The article notes 285 hedge fund portfolios held NVDA at the end of Q2, up from 275 the previous quarter.
- Meta is back on offense — and its next move could signal higher AI spending across Big Tech
- Strategist Tom Lee says he's buying the AI stock dip, and Cisco holds the key
Related markets
Latest news
- Mark Zuckerberg makes deal with Meta to help him pay California billionaire tax, if it passes
According to filings published this week, Mark Zuckerberg reached a deal with Meta's board to help him pay a proposed California wealth tax without losing his ownership stake in the company. The one-time 5% tax on net worth above $1 billion goes to voters in the election concluding Nov. 3; with his net worth estimated by Forbes at more than $220 billion, his liability would exceed $11 billion. Under the deal he remains the majority owner and can sell some new non-voting shares “for any reason,” including to pay tax bills, and he has committed to stay in California for eight years unless “material unforeseen circumstances” arise. He had considered selling his Palo Alto home last month before striking the deal. Supporters including SEIU United Healthcare Workers West and Sen. Bernie Sanders back the tax, while Gov. Gavin Newsom has warned it could prompt the state's wealthiest to leave.
- Why Waste Connections Stock Is Up Today
Waste Connections (WCN) shares rose 10.65% on Thursday after the company raised its cash dividend. Third-quarter revenue grew 7% year over year to $2.6 billion, and adjusted net income rose 7% to $399 million. Earnings per share, helped by buybacks, climbed 10% to $1.58, beating the $1.52 Wall Street estimate. The company raised its full-year outlook to $10.1 billion in revenue, $1.2 billion in net income and more than $1.4 billion in adjusted free cash flow, and lifted its quarterly dividend 10% to $0.385 per share.
- Mayo Lake Minerals Provides Particulars of 2026 Program to Finalize Targeting for 2027 Diamond Drilling Program on the Anderson Gold Trend
Mayo Lake Minerals (CSE: MLKM) is raising up to $700,000 through a private placement, with flow-through funds going to reprocess soil geochemistry to prioritize up to six drill targets and to run 3D magnetic inversion on buried intrusions. Its work on the 86 sq. km. Anderson Gold Trend suggests most prospects are low-grade, bulk-minable Reduced Intrusion-Related Gold Systems (RIRGS), with possible higher-grade epithermal veins nearby. Dawn Gulch and Andy Owl show RIRGS characteristics, while Norman points to epithermal veins. At Andy Owl, a 640m RC program intercepted a gold structure continuous for 50m along strike, with one hole grading 0.9g Au/t over 3.1m. The company aims to select its best gold targets for diamond drilling in spring-summer 2027.
- Meta Creates Non-Voting Stock to Fund AI Buildout, Keeping Zuckerberg in Control
Meta's board approved non-voting Class C stock on 19/10, and from 19/1/2027 Class A and Class B holders will each receive one Class C share per share held, in effect a 2-for-1 split. Zuckerberg holds about 60.6% of the vote on a 13.4% economic interest, and the structure lets Meta sell equity without diluting his voting power. According to the SEC filing, advisers at Moelis told the board Meta could raise about $700 billion over several years before his voting power fell below 50%, while CFO Susan Li called the “hundreds of billions” figure “a theoretical maximum” and said Meta has nothing to announce on equity financing. The size and timing of any equity sale have not been disclosed.
- Meta Creates Non-Voting Stock to Fund AI Buildout, Keeping Zuckerberg in Control
Meta's board approved non-voting Class C stock on 19/10, and from 19/1/2027 Class A and Class B holders will each receive one Class C share per share held, in effect a 2-for-1 split. Zuckerberg holds about 60.6% of the vote on a 13.4% economic interest, and the structure lets Meta sell equity without diluting his voting power. According to the SEC filing, advisers at Moelis told the board Meta could raise about $700 billion over several years before his voting power fell below 50%, while CFO Susan Li called the “hundreds of billions” figure “a theoretical maximum” and said Meta has nothing to announce on equity financing. The size and timing of any equity sale have not been disclosed.
- Trump asked Musk to lift Starlink slowdown, WSJ reports
The Wall Street Journal reported Thursday, citing U.S. officials, that President Donald Trump asked Elon Musk to ease restrictions on the military-grade Starshield system that Ukraine relies on. U.S. and Ukrainian officials said the system was working more normally shortly after Trump spoke to Musk by phone. The WSJ had earlier reported that Musk ordered the Starlink slowdown, and two sources said Trump and Musk discussed the decision, though Trump has repeatedly denied involvement. Sen. Richard Blumenthal launched an inquiry into how SpaceX's satellite technology was degraded for Ukraine without notice.
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.