The Nasdaq Composite fell more than 4% on Thursday as AI-linked stocks, especially chipmakers and data center names, slid for a second day. Qualcomm dropped 11.37% after smartphone chip sales came in below expectations, Arm Holdings fell 12.04% despite record revenue, and Micron Technology lost 13.25%. Even so, the Dow jumped 3% on Wednesday, its biggest gain the day after a midterm election since 1982, according to CFRA Research. The article argues that short-term drops feel worse than they are, and that owning many stocks and holding them for years can help investors ride out volatility. It also cites The Motley Fool's research that U.S. stocks have returned about 11% a year since 1874, including dividends.
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NasdaqsemiconductorsMicronDow Jonesmidterm elections
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Related tickers and likely impact
NVDA
• NeutralNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 11/04/2026 | 200.28 |
| Change that session | -3.10% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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