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The Dow Jones Industrial Average extended its losses to 1%.

2026-10-31

The Dow Jones Industrial Average extended its losses to 1%.

Other News
2026-10-31

Canadian Prime Minister Carney: We will determine the substance, size, and scope of this form of membership in the coming months.

Canadian Prime Minister Carney: We will determine the substance, size, and scope of this form of membership in the coming months.
2026-10-30

Intel missed estimates and issued weak guidance and Amazon also fell short, reviving concern about the AI investment trade and triggering a broad sell-off in semiconductor names. Chipmakers, equipment makers and analog suppliers all declined. Broadco

Intel missed estimates and issued weak guidance and Amazon also fell short, reviving concern about the AI investment trade and triggering a broad sell-off in semiconductor names. Chipmakers, equipment makers and analog suppliers all declined. Broadcom opened down about 4% in Friday regular trading, AMD plunged nearly 10%, Micron lost 5.5% and Intel fell nearly 30%, wiping roughly $120bn from its market value. Chip-equipment shares dropped as well: Applied Materials fell about 5% and Lam Research about 5.5%. The sector is highly sensitive to capex reductions—cuts to memory and logic spending typically hit equipment vendors first. Qualcomm slid amid weakness in wireless and handset markets. Market participants flagged worries over softer enterprise hardware demand and a bottleneck in smartphone consumption.
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