News · Yahoo Finance

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.

Summary written by Upside AI from the original article. Read the source for full details.

Read the original on Yahoo Finance ↗

Keywords

Appleoil pricessemiconductorstech stocks

Open a keyword to see other news on the same topic.

Related news

  • Stocks see steepest decline in months amid AI worries

    Investors rushed into US Treasurys amid AI spending worries, driving yields down in one of their steepest one-day declines in more than a year, with the 10-year note below 5% and the 30-year at 5.3%. Chip stocks such as Nvidia and Broadcom sank despite benefiting from tech firms' plans to spend more on data centres, and Morningstar's Malik Ahmed Khan said investors are questioning the health of the entire AI ecosystem. Benchmarks in Hong Kong, Japan and South Korea slipped around 3%, and Europe's Stoxx 600 fell over 1%. Brent crude rose 3% to about US$113 a barrel, its highest since May, amid strikes in Saudi Arabia and around the Persian Gulf, while the average U.S. petrol price was US$4.27 a gallon, up 43% since the war began. Citadel's Ken Griffin said the market was “almost certainly” in a bubble, while Blackstone's Jon Gray described AI demand as “almost parabolic”.

    nzherald.co.nz·▼ QQQ▼ SPY▼ NVDA▼ MSFTAI investmentbondsoil prices
  • Crushed tech stocks bounce — plus, new doctor survey keeps us positive on Lilly

    U.S. stocks rose Monday as investors bought chip stocks after last week's sell-off, and the iShares Semiconductor ETF (SOXX) was on track to snap a nine-session losing streak, its worst since May 2006. The bounce was tepid: the Nasdaq rose 1%, while CoreWeave turned negative and fell to a new low for the year below $60 per share. Oil rose about $2 to around $103 per barrel, lifting inflation worries and pushing Treasury yields higher. Bank of America raised its price target on Eli Lilly to $1,397 from $1,341 after a physician survey suggested oral GLP-1 pills and Medicare coverage are expanding the obesity drug market, with Foundayo at 27% of U.S. oral GLP-1 new starts. Lilly reports Q3 earnings on Oct. 29.

    CNBC·▲ QQQ▲ SPYtech stockssemiconductorsoil prices
  • Nvidia’s CEO Says “All of This Is Going to Pass” After Tech Lost $1 Trillion in a Day

    On October 16, 2026, tech stocks lost more than $1 trillion in value in a single session as oil and Treasury yields rose. In Berlin, Nvidia CEO Jensen Huang said “all of this is going to pass” and that AI will benefit every industry, but he announced no new orders, guidance or customers. The Nasdaq 100 fell 2.5% to 29,187.55, and the Philadelphia semiconductor index dropped 3.8%, its eighth straight losing day and longest such streak since 2008. Nvidia slipped 1.43% to $214.13, a $5.17 trillion market value, holding up better than AMD, Intel, Micron and Broadcom. The article argues Huang’s comments do not address the real drivers of the selloff, namely WTI crude at $101.91 on October 14 and the 10-year Treasury yield at 5.10% on October 15, and calls the November 18 earnings report the key test.

    Yahoo Finance·▼ NVDA▼ QQQ▼ SPYNVDAtech stockssemiconductors
  • US stock indexes are mixed as tech sector weighs on market

    US stocks fell Friday as a broad sell-off in technology companies dragged the market, capping its worst week since late June. The S&P 500 dropped 1.1% to 7,659.44, erasing its gains from a record-setting prior week, while the Nasdaq sank 2.1% to 26,140.03 for its first weekly loss in five weeks and the Dow lost 0.3% to 52,002.41. Chipmakers Micron, AMD, Broadcom and Intel all fell, amid worries about how long the AI buildout frenzy will last. The 10-year Treasury yield eased to 5.09%, and traders' odds of a Fed rate hike at the December meeting jumped to 74.3%, while Brent crude rose 3.7% to $109.86 a barrel as there was still no deal between the U.S. and Iran to end the war.

    pottsmerc.com·▼ QQQNasdaqtech stockssemiconductors
  • Dow Jones Futures Rise But Market Still Ails; Midterm Elections Ahead

    The article says tech stocks led another stock market sell-off even as Dow Jones futures rise, and the author views this as a time to be defensive. Upcoming items to watch include Apple, Palantir, jobs data and the midterm elections.

    Yahoo Finance·• QQQ• SPYDow Jonesmidterm electionstech stocks
  • Dow Jones Futures Rise After Market Sell-Off; How Midterm Elections May Swing Stocks

    Tech stocks led another market sell-off, and the article says it is a time to be defensive. Apple, Palantir, jobs and the midterm elections loom ahead.

    Yahoo Finance·▲ SPY▲ QQQ• AAPLDow Jonestech stocksmidterm elections

Related markets

US stocks →

Latest news

  • D.A. Davidson Managing Director Gil Luria Delivers His Apple Earnings Takeaways

    In an NYSE Live interview, Gil Luria of D.A. Davidson discussed Apple's latest earnings and the wider tech sector. He argued that many AI-linked companies continue to report strong results and demand, and that recent share price weakness reflects election and policy caution more than the core AI business. On data centers, he said public concerns about noise and energy often reflect older designs, and that approvals are typically decided locally. On Apple, he noted signs of slowing iPhone upgrades after a strong prior year and margin pressure from price increases and rising memory costs. He said Apple's ecosystem and installed base still support its long-term position.

    Yahoo Finance·• AAPLAAPLearningsartificial intelligence
  • Wall Street Expert Jay Woods: Market 'Doesn't Care About Your Politics'

    In an NYSE Live interview, Jay Woods, Chief Market Strategist at Freedom Capital Markets, argues that elections often generate headlines and investor anxiety, but long-term stock performance is driven more by corporate earnings, economic growth and business fundamentals than by political outcomes. He says markets have often posted positive returns in the months after midterm elections as uncertainty fades. In his view, the recent tech-stock pullback mainly reflects profit-taking and portfolio rotation rather than weaker fundamentals. The discussion also covers earnings season, sector rotation, inflation, interest rates and the 2027 outlook, and suggests investors focused on long-term fundamentals may be better positioned than those reacting to political headlines.

    Yahoo Finance·• SPYmidterm electionsearningsinflation
  • Prediction: This Artificial Intelligence (AI) Software Stock Will Outperform Palantir, According to Wall Street (Hint: It’s Significantly Cheaper)

    The article compares Twilio (TWLO) with Palantir (PLTR): Twilio shares are up 46% in 2026, while Palantir has been roughly flat. Analysts' 12-month median price target is 274 USD for Twilio, implying 32% upside, versus 225 USD and 26% for Palantir. Twilio's Q2 revenue rose 20% to 1.56 billion USD and non-GAAP EPS rose 32% to 1.65 USD, both ahead of expectations. Its dollar-based net expansion rate reached 114% in Q3, up 5 percentage points year over year. Because Twilio's valuation is much lower than Palantir's, the article argues it looks like the better option.

    Yahoo Finance·Palantirvaluationsoftware
  • Super Micro Climbs 4% Ahead of Earnings as AI Server Stocks Bounce; Hewlett Packard Enterprise Rallies 6%, Dell Gains 5%

    Super Micro Computer shares rose 4% to $31.73 as AI server stocks rebounded from a steep one-month decline, ahead of results due on November 3, though the company has not confirmed the timing. On November 3, Super Micro announced a collaboration with SambaNova to build inference racks pairing SN50 chips with NVIDIA GPUs. Preliminary September-quarter revenue is $18.5 billion to $19.5 billion, above prior guidance of $14.5 billion to $15.5 billion, but gross margin guidance of 10.4% to 10.8% is below the 17.6% adjusted margin of the prior quarter. The company also faces export-control issues, including charges against several senior employees for allegedly smuggling NVIDIA AI servers to China, and an independent board review of certain transactions. Hewlett Packard Enterprise and Dell rose 6% and 5%, but their broader product mix differs from Super Micro's AI-focused model.

    Yahoo Finance·▲ NVDASMCINVDAartificial intelligence
  • Until Next Gen Computing Implodes I’ll Keep Buying Taiwan Semiconductor

    The author has added to Taiwan Semiconductor (TSM) after the stock fell 15.69% over the past month to 398.61 USD, arguing that every advanced AI chip is made at TSMC's fabs. Third-quarter revenue reached 46.72 billion USD, up 41.2% in USD terms, and management raised its 2026 growth outlook to about 44%. Gross margin was 66.4%, free cash flow 14.90 billion USD, and the quarterly dividend rose from NT$6.00 to NT$7.00. The author skips NVIDIA, trading at about 41 times earnings, and Intel, whose foundry segment posted a 1.85 billion USD operating loss in Q3. The main risks cited are cross-strait tensions over Taiwan and overseas expansion costs that dilute margins.

    Yahoo Finance·TSMCsemiconductorsartificial intelligence
  • Why Intel Stock Collapsed 23.4% Last Month

    Intel shares fell 23.4% in October, according to S&P Global Market Intelligence, and are now down over 50% from their highs. The article attributes the slide mainly to weak PC demand, where revenue fell 5% last quarter and guidance points to more weakness amid rising chip costs. The data center and AI segment grew 78% to 7.3 billion USD, while the foundry business rose 58% to 6.7 billion USD but still loses over 1 billion USD per quarter, short of what investors expect. With a market cap of 329 billion USD and trailing revenue of 60 billion USD (P/S 5.3), the author finds it hard to justify owning the stock at present.

    Yahoo Finance·• NVDAIntelsemiconductorsvaluation

All news →

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.