News · Yahoo Finance

Tech Jumps Over Apple Q3 Report on Wall Street Pre-Bell; Asia, Europe Off

Wall Street futures pointed mixed and higher ahead of the open on Tuesday, as tech stocks excluding Apple (AAPL) drove the move.

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

Read the original on Yahoo Finance ↗

Keywords

AAPLQQQtech stocksearningsWall Street

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

Related tickers and likely impact

AAPL

▲ Likely positive

Apple Inc.

Relevance: high

MarketUS stocks
SectorInformation Technology
IndustryTechnology Hardware, Storage & Peripherals
Market cap$5.1T
Close on 11/02/2026338.32
Change that session-1.83%
AAPL price, forecasts and signals →

QQQ

▲ Likely positive

Invesco QQQ Trust

Relevance: low

MarketUS stocks
SectorETF
Close on 11/02/2026681.13
Change that session-1.36%
QQQ price, forecasts and signals →

Impact is scored by AI from the headline and may be wrong. It is not investment advice.

Related news

Related markets

US stocks →

Latest news

  • AMD Fell 16% in a Month Before Earnings. Forecasts Call for 501% Profit Growth in Four Years

    AMD shares fell 19.23% over the past month ahead of third-quarter results due November 3 after the close, though they are still up 130.73% year to date. The company has gigawatt-scale AI commitments: Anthropic plans up to 2 GW of MI450 GPUs in Helios, OpenAI has committed to 6 GW, and Meta has signed for up to 6 GW more. Second-quarter revenue reached $11.536B, up 50.11%, and Data Center revenue rose 107% to $6.718B, while AMD forecast third-quarter revenue of about $13B ±$300M. According to 24/7 Wall St., the $527.02 price target implies 4.4% upside from the $504.80 reference price and carries a hold rating at 90% confidence. Risks include a 31% drop in gaming revenue, export controls, reliance on Taiwan Semiconductor Manufacturing (NYSE:TSM) and tight server CPU supply.

    Yahoo Finance·• NVDAAMDearningsartificial intelligence
  • Amazon Vs. Intel: The Good Burn and The Very Bad Burn

    Amazon and Intel both reported third-quarter results on October 29, 2026, with strong AI numbers, but Intel shares fell from $93.09 to $59.97 while Amazon was down 9.71% over six months. AWS revenue rose 39% to $45.98B with a $578 billion backlog, but Amazon's capex jumped 120% to $77.26B, leaving a trailing free cash outflow of $42.4B despite a 13.9% operating margin. Intel's Data Center and AI revenue rose 78% to $7.32B, but Intel Foundry lost $1.85B and external foundry revenue was only $411 million. Intel raised $23B in new equity and warned it probably will not generate positive free cash flow next year as it ramps Intel 18A, Intel 3 and 14A simultaneously. The article views Amazon's spending as a 'good burn' backed by signed demand, while Intel suits turnaround investors who can tolerate a cash-negative 2027 and would change their view once named foundry customers sign on.

    Yahoo Finance·• AMZNAmazonIntelearnings
  • Binance Misses Monthly Luna Classic Burn for First Time Since 2023

    Binance has burned a share of its Luna Classic (LUNC) trading fees nearly every month since March 2023, but according to StatsBin data, the November burn has yet to occur. Some investors link the delay to the record $6.3 billion hack of Binance, which the FBI attributes to North Korea’s TraderTraitor. A prominent community member says Binance is moving LUNC to a more secure wallet before resuming burns, though Binance has not confirmed this or responded to a request for comment. LUNC has dropped 7.9% over the past week to $0.0000417, down 99.99% from its all-time high of $119.18. Binance previously paused burns at the end of 2022, after the Terra Classic community voted to re-mint burned tokens.

    Decrypt·▼ LUNC/USDTBinancecryptocybersecurity
  • Here’s Why You Buy Amazon Even As It Spends More on AI Than It Generates From Operations

    Amazon reported third-quarter revenue up 12.1% to $201.94B and its highest-ever operating margin, but capex of $77.26B exceeded operating cash flow of $42.42B. AWS revenue rose 39% to $45.98B with a $578 billion backlog, while operating income climbed 61.2% to $28.08B and AWS posted a 38.7% operating margin. Quarterly interest expense rose to $1.691B from $538M a year earlier, and trailing free cash outflow stands at $42.4B. The article rates Amazon a Buy at $245.63, arguing the backlog covers the capex, and the average analyst target of $327.70 implies 33.4% upside. The argument weakens if AWS growth slows in 2027 or AWS margins are squeezed by a greater AI mix.

    Yahoo Finance·• AMZNAmazonearningsAI investment
  • AMD, Nvidia Could Join Tesla On Samsung's Texas Chip Plant Customer List: Report

    Samsung Electronics reportedly will make base dies for high-bandwidth memory (HBM) chips at its second Texas plant, with orders covering all planned output, mostly from AMD, according to Maeil Business Newspaper as cited by Reuters. Nvidia could also join the customer list, though Samsung would manufacture these components rather than the main processors designed by AMD and Nvidia. The 2.7 million square foot factory, about 1.5 times the size of Samsung's first Texas plant, is scheduled to begin construction this month, with equipment installation in 2029 and production in 2030 using the 2-nanometer process. Samsung's first Texas plant already has a $16.5 billion contract with Tesla, signed in July 2025. In pre-market trading on Tuesday, AMD shares rose about 2.3% and NVDA shares rose about 1.4%, while Stocktwits sentiment moved to bullish for AMD and bearish for Nvidia.

    Yahoo Finance·▲ NVDANVDAAMDSamsung
  • J.P. Morgan expands UAE footprint with DIFC private bank branch

    J.P. Morgan Private Bank has opened a branch at the Dubai International Financial Centre (DIFC), regulated by the Dubai Financial Services Authority (DFSA), to serve clients in the UAE and across the Middle East, Africa and South Asia. The move builds on J.P. Morgan's more than five decades in the UAE and 20 years of DIFC-based corporate and investment banking. Ahead of the private banking authorisation, the firm more than tripled its Dubai private banking workforce over the past 12 months, DIFC said. J.P. Morgan International Advisors has also received authorisation to provide asset management services at DIFC, and Selim Elgen heads the UAE private banking operation. DIFC Authority CEO Arif Amiri said the expansion reinforces Dubai's position as a global hub for private wealth.

    Yahoo Finance·JPMorganbanksUAE

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.