This week, Apple's earnings on Monday, the U.S. midterm elections on Tuesday and the jobs report on Friday will test whether last week's AI sell-off was a blip or the start of a broader pullback. Last week, Alphabet had its worst day on record, Amazon's outlook disappointed despite accelerating cloud growth, and Intel plunged nearly 29%; the S&P 500 fell 1.8% on Friday, its steepest one-day drop since June. Apple is expected to report EPS of $1.99 on revenue of $113.35 billion, with a gross margin forecast of about 47% to 48%, down from 50% last quarter. The 10-year Treasury yield is still hovering near 4.92%, and CME Fed Watch data show traders pricing roughly a 72% chance of a rate hike at the Dec. 8-9 meeting. Anthropic has also made its IPO paperwork public, with reports suggesting a listing before Thanksgiving, though no date is confirmed.
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earningsFedmidterm electionsS&P 500employmentAAPL
Open a keyword to see other news on the same topic.
Related tickers and likely impact
AAPL
• NeutralApple Inc.
Relevance: high
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Technology Hardware, Storage & Peripherals |
| Market cap | $5.1T |
| Close on 10/30/2026 | 344.79 |
| Change that session | -1.18% |
DXY
• NeutralRelevance: medium
| Market | Currencies |
|---|---|
| Close on 10/30/2026 | 101.96 |
| Change that session | +0.08% |
SPY
• NeutralSPDR S&P 500 ETF
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/30/2026 | 755.71 |
| Change that session | -1.77% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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