There is a wide disconnect between Wall Street and Main Street, and AI could push the two even further apart.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on MarketWatch ↗
Keywords
Open a keyword to see other news on the same topic.
Related tickers and likely impact
QQQ
• NeutralInvesco QQQ Trust
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/23/2026 | 704.40 |
| Change that session | -0.01% |
SPY
• NeutralSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/23/2026 | 759.97 |
| Change that session | -0.52% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Microsoft Stock Strength Sets Up Strategy For A Fast Double-Digit Return
Strength in Microsoft's stock sets up an options trade aimed at a return above 20%. The article gives no further detail on the trade.
- How Will the Stock Market Perform in the Final Months of the Year?
According to experts, the market in the final months of the year depends heavily on the cost of capital, especially interest rates, even though Q3 2026 GDP grew 9.95% and the VN-Index still corrected. Liquidity is weak and foreign investors net sold over 98,300 billion dong in the first nine months, and AZFin's Đặng Trần Phục forecasts that the VN-Index will likely move sideways in Q4. VNDIRECT's Đinh Quang Hinh says the earnings yield of stocks outside the Vingroup group is about 9.6% a year, only about 1.5 percentage points above the 1-year interbank rate. Yuanta Việt Nam's Nguyễn Thế Minh says a 1-percentage-point cut in the 1-year rate could lift the P/E of non-Vingroup stocks by about 6%, while 2027 earnings may be nearly flat. On the positive side, Chứng khoán Tiên Phong (TPS) points to about 573,474 billion dong in public investment still to be disbursed and passive inflows that could exceed 2.2 billion USD after the market upgrade.
- 24 - Hour Economy : Have we confused the market with the economy ?
- Nasdaq-100 in correction again as AI earnings ‘not good enough’
Luke Kawa of Sherwood News says this round of big-tech earnings was good but “not good enough” for the market, pushing the Nasdaq 100 into correction for the third time this year. US chip stocks had fallen 29% from their June high, though they remain up on the year. He notes Amazon and Alphabet reported solid numbers, with AWS expected to grow 40% in 2027 and 2028, yet the results failed to satisfy investors. Citing Conor Sen, he argues the bigger issue is the debt and stock issuance hyperscalers are using to fund AI buildouts. After steady bond and stock supply, spreads on the group’s long-dated bonds have widened, and there was no US investment-grade bond issuance from them in September.
- Why Wall Street Is Split on Tech Stocks Right Now
Stocks are sputtering as momentum in the tech trade fades. The article suggests a rebound from here will be difficult.
- Stock Market Today: Dow Futures Plunge 323 Points, Apple Sinks, and Iran Strikes Send Oil Soaring
Dow Jones Industrial Average futures fell 323 points in early trading on midterm Election Day, mainly because Apple shares dropped about 4% premarket. Apple’s EPS of $2.10 beat the $1.99 estimate, but its gross margin forecast of 45% to 46% reflected a global memory chip shortage. A reported U.S. strike on Iran’s Qeshm Island pushed oil higher, with WTI near $97 and Brent near $105, while Iran said it would respond “forcefully.” The 10-year Treasury yield rose to about 5%, and the Nasdaq 100, already in correction more than 10% below its October 6 record, saw NVIDIA fall 15% over the past month to $202, with the VIX back in the low 20s. Next up are September JOLTS data (expected 7.1 million openings) today, election results tonight, and October payrolls on Friday.
Related markets
Latest news
- Apple stock falls, chip stocks rebound as oil extends decline: AlphaCheck
Stocks rebounded on Tuesday, with chip stocks leading tech (XLK) higher ahead of AMD's (AMD) quarterly results after the close. Tech gained despite a drop in Apple (AAPL) shares following the iPhone maker's quarterly results. Oil prices extended their decline after a steep sell-off the previous session: Brent crude futures (BZ=F) fell 1% to near $103 per barrel, while WTI (CL=F) dropped below $95, amid hopes for peace talks in the Iran-US conflict. Pfizer (PFE), Palantir (PLTR) and Shopify (SHOP) were also among the stocks Yahoo Finance readers were viewing.
- What the 2026 midterm elections could mean for Trump’s final two years
Tuesday's midterm elections will determine which party controls Congress for the remainder of Donald Trump's presidency. Oddsmakers and polls favor Democrats, especially to flip the House, while the Senate is expected to be very close. Full results could take days or weeks to count; Stifel says markets could react sharply once results are clearer, but that reaction could reverse, since gridlock remains the most likely outcome. If Republicans keep control, Trump could push through his agenda with little congressional resistance. If Democrats win one chamber, passing budgets and must-pass bills would become harder, while Democrats could launch investigations into the White House and businesses.
- Bill Ackman warns of 'casino' stock market as speculative trading grows
Bill Ackman, founder of Pershing Square Capital Management, says the stock market feels broken as speculative trading and leverage drive wild price swings. He said markets have returned to 'casino type' conditions when leverage reached 95%, warning that one-day leveraged products, perpetual futures and sports betting are dangerous for investors treating stocks as a get-rich-quick scheme. Still, such dislocations allowed Pershing Square to buy Microsoft, Amazon and Alphabet at attractive levels. Ackman is especially positive on Visa, Mastercard and Netflix, in which he disclosed a position in August.
- Top E-Commerce Stock Pick from BMO Capital Markets
BMO Capital Markets named Amazon (AMZN) its top pick in the e-commerce sector, reiterating its Outperform rating and raising its price target to $390 from $380. Third-quarter 2026 net sales met expectations and operating income beat estimates by 7%, with AWS revenue rising 39% year-over-year to $46 billion, its fastest growth in 19 quarters. Advertising growth slowed to 12% excluding foreign exchange, missing consensus by 6 percentage points due to a Prime Day calendar shift, while Online Stores rose 2%. Management projected AWS growth above 40% in 2027 and 2028, and total 2026 capital expenditures are expected to be around $220 billion. BMO raised its 2026/2027 net sales estimates to $831 billion/$974 billion and its 2027/2028 capex estimates to $320 billion/$335 billion.
- Next Generation Computing - Global Strategic Business Report 2026-2032: Capitalize on 19% CAGR, Featuring Intelligence on NVIDIA, IBM, Google, Microsoft, and AWS
The global next generation computing market was valued at US$147.6 billion in 2025 and is projected to reach US$497.3 billion by 2032, growing at a 19% CAGR during the forecast period. Growth is driven by demand for high-performance, quantum and edge computing, cloud platforms and AI accelerators as data volumes and real-time analytics expand. High development and deployment costs, especially for quantum and neuromorphic systems, along with a lack of widely adopted software and algorithm standards, remain barriers, and advances in quantum computing could weaken existing encryption. IBM, Google and Rigetti Computing are broadening access through cloud-based quantum services.
- Why Wall Street isn't exactly loving Marvell's $115B Lumentum deal
Marvell Technology (MRVL) announced an all-stock deal to acquire photonics company Lumentum (LITE) at a $115 billion enterprise value, including debt. Nvidia's Jensen Wong endorsed the deal, but most analysts were skeptical, questioning the timing amid problems in the chip sector and the financing. Analysts noted both stocks have traded volatilely over the past month, which makes using shares as currency risky when closing could take a long time. Some argue Lumentum's management is admitting it may not be well positioned to execute alone over the next two to three years, while Marvell must show what its stock is worth as currency. Market reaction to the deal has been largely negative.
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.