The Weekly Close: Chip Slump Drags Wall Street Lower
The weekly close: Wall Street's chip slump sent the S&P 500 down 3.07% and the Nasdaq 100 down 5.65% this week.
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Rocket Lab stock drop: shares fall 12% in AI-linked sell-off
Rocket Lab stock drop of 12% on 5 November tracked a broad AI and chip-stock sell-off, not company-specific news, data shows.
CCEP shares fall despite strong Q3 2026 results beat
CCEP Q3 2026 results beat forecasts with 6.5% revenue growth, but shares fell as investors wanted more than reaffirmed guidance.
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Choice Hotels raises RevPAR outlook even as profit falls 68%
Choice Hotels lifted its 2026 RevPAR outlook and beat estimates, but net income fell 68% and profit guidance was cut.
Bloom Energy Q3 earnings beat fails to halt share slide
Bloom Energy Q3 earnings beat forecasts and lifted guidance, but shares fell further after the 22 October report, extending a steep October slide.
Northern Trust Q3 net income jumps 40% to $642.9m
Northern Trust Q3 earnings rose sharply, with net income up 40% to $642.9m and EPS of $3.40, beating Street estimates.
CSX posts record $4.02bn quarter, profit jumps to $1.05bn
CSX third quarter results show record $4.02bn revenue and $1.05bn net earnings, beating forecasts as shares jump nearly 4%.
Super Micro stock surges on surprise guidance hike as Dell, HPE rally
Super Micro stock surges after a surprise revenue upgrade sends Dell and HPE shares higher too, as AI-server demand reshapes guidance.
Chip Stocks’ Losing-Streak Claims Diverge as SOXX Slides 11.6%
Reports disagree on the length of the chip stocks losing streak, but SOXX's 11.6% 20-day drop and CoreWeave credit worries are real market signals.
The Weekly Close: Chip Stocks Crater as Dow Holds Firm
Wall Street's weekly close split sharply: the Nasdaq 100 fell 5.64% as optical and AI names crashed, while the Dow edged higher.
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