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World & Business

US Stock Market Selloff Amid AI Spending Scrutiny; Nasdaq Down 1.07%

Major US indices declined on November 2, with Nasdaq Composite down ~1.07% to ~25,164 and S&P 500 down ~0.51%.

4 Sources, 7d ago, updated 7d ago

World & Business

Apple CEO John Ternus to host first earnings call Nov. 2 amid rising memory costs

The holiday-quarter forecast will draw attention because the iPhone Duo arrived after the quarter being reported.

81 Sources, 6d ago, updated 6d ago

World & Business

AI-linked stocks reportedly fell sharply in October

Intel reportedly fell 45%, CoreWeave 37% and Nvidia 10.4% in October.

10 Sources, 7d ago, updated 7d ago

World & Business

Intel stock reportedly plunges nearly 29%, its worst day since the 1970s

Intel shares reportedly closed at $65.76 on October 30, erasing nearly $140 billion in market value.

3 Sources, 7d ago, updated 7d ago

Technology

Intel posts $16.5B in Q3 revenue, forecasts Q4 revenue and adjusted EPS below estimates

Techmeme, citing CNBC, reports Intel shares fell 16%-plus after hours despite Q3 revenue matching estimates.

13 Sources, 10d ago, updated 10d ago

Technology

Alphabet's Q3 revenue and EPS miss estimates despite 103% cloud growth

Yahoo Finance reports an advertising sales miss as Alphabet's rising capital spending deepened its negative free cash flow.

64 Sources, 5d ago, updated 5d ago

Google Earnings Miss As Cloud Computing Booms, Search Growth Slows

World & Business

SpaceX's third-quarter results were due after the bell on Oct. 20

CNBC cited LSEG consensus estimates of $12.72 billion in revenue and earnings of 13 cents a share.

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6 Sources, 20d ago, updated 20d ago

World & Business

Apple closes above a $5 trillion market cap for the first time

The iPhone maker became the second company after Nvidia to finish a trading day above the milestone.

37 Sources, 26d ago, updated 26d ago

Featured in

US Stock Market Selloff Amid AI Spending Scrutiny; Nasdaq Down 1.07%

Apple CEO John Ternus to host first earnings call Nov. 2 amid rising memory costs

AI-linked stocks reportedly fell sharply in October

Intel stock reportedly plunges nearly 29%, its worst day since the 1970s

Intel posts $16.5B in Q3 revenue, forecasts Q4 revenue and adjusted EPS below estimates

Alphabet's Q3 revenue and EPS miss estimates despite 103% cloud growth

SpaceX's third-quarter results were due after the bell on Oct. 20

Apple closes above a $5 trillion market cap for the first time

Featured in

US Stock Market Selloff Amid AI Spending Scrutiny; Nasdaq Down 1.07%

Apple CEO John Ternus to host first earnings call Nov. 2 amid rising memory costs

AI-linked stocks reportedly fell sharply in October

Intel stock reportedly plunges nearly 29%, its worst day since the 1970s

Intel posts $16.5B in Q3 revenue, forecasts Q4 revenue and adjusted EPS below estimates

Alphabet's Q3 revenue and EPS miss estimates despite 103% cloud growth

SpaceX's third-quarter results were due after the bell on Oct. 20

Apple closes above a $5 trillion market cap for the first time