Tech Stocks Tumble in October: Which Beaten-Down Names Are Worth Buying? Tech stocks have come under pressure in October, with semiconductor and memory names bearing the brunt of the selloff. Some popular stocks have plunged nearly 30% as concerns over AI financing, capital spending and macroeconomic risks intensify. Which stocks now offer the most compelling buying opportunities? The October selloff has hit semiconductor and memory stocks particularly hard, as rising oil prices, AI financing concerns and uncertainty over investment returns weigh on sentiment. Yet the correction has been far from uniform, with some Big Tech names holding up relatively well while others have plunged nearly 30%. October's Biggest Losers: Semiconductor and Memory Stocks Lead the Decline From September 30 thro
Amazon Earnings Loom: Bull Call Spread Bets on a Sharp Rebound $Amazon.com(AMZN)$ shares remained under pressure Friday as investors weighed AWS growth against mounting AI infrastructure costs. Meanwhile, matching options trades suggested a $1.38 million bull call spread betting on a post-earnings rebound. Amazon reports after the close on October 29, with the options expiring the following day. Can AWS growth spark a rally? $1.38M Bull Call Spread Targets Earnings Rebound At 9:47:30 a.m. ET on October 23, two matching Amazon call trades suggested a bull call spread: – 4,000 October 30 $252.50 calls bought at $7.64, costing approximately $3.06 million. – 4,000 October 30 $262.50 calls sold at $4.19, colle
Meta Short Sellers Reap Gains as Stock Sheds 7.8% Amid AI Cash Burn $Meta Platforms, Inc.(META)$ short sellers stepped up their bet hours before earnings late Wednesday, watched the shares jump on a better-than-expected outlook, then saw them tumble Thursday morning as investors counted the cost of that outlook instead. Shares fell 7.8% to $643.34 Thursday morning as Wall Street digested the company's first negative free cash flow since 2012 as a result of increasing spending in the AI buildout that's fueling the better-than-expected outlook. Amid the decline, the bearish bets placed Wednesday are now in profit, and the holders who had spent the session taking money out looked right to have do
Analyzing Intel Ahead of Next Week's Earnings Report Intel rose 500%+ over 12 months to hit a $142.35 all-time high in June, but fell nearly 40% since then to $86.85 as of Thursday morning. Let's check out the chip giant's fundamentals and technicals after the stock recently got a key analyst upgrade ahead of next week's earnings report. Intel's Fundamental Analysis $Intel(INTC)$ is preparing to report Q3 results next Thursday after the closing bell, with the Street looking for $0.39 in adjusted earnings per share on about $16.5 billion of revenue. That would represent 70% growth from the $0.23 in adjusted EPS that Intel saw in the same period last year, as well as about 20.4% sales growth from $13.7 bill
Nasdaq Sinks, Chip Stocks Plunge: What's Driving the Selloff? Tech stocks suffered a sharp selloff on October 22, with the $NASDAQ(.IXIC)$ sliding more than 2% and the $PHLX Semiconductor Index (.SOX.US)$ plunging over 5%. $Meta Platforms, Inc.(META)$ , $Space Exploration Technologies Corp(SPCX)$ , and $Alphabet(GOOG)$ came under selling pressure. Semiconductors bore the brunt of the decline, with $Lam Research (LRCX.US)$ tumbling around 10%, while $Advanced Micro Devices (AMD.US)$, $Intel (IN
ASML Earnings Review: Profits Doubled, but Will Wall Street Wait Until 2027? $ASML Holding NV(ASML)$ delivered strong Q3 2026 results, with revenue jumping 55% YoY and net profit more than doubling. The company also raised its full-year guidance for the third time this year, reinforcing confidence in the AI-driven semiconductor equipment cycle. However, investment gains boosted reported profits, while the equipment revenue mix deserves closer scrutiny. More importantly, investors may have to wait until June 2027 for an updated long-term financial outlook, even as demand threatens to exceed ASML's planned capacity through 2028. Core Financial Indicators – Q3 revenue reached €11.66 billion, up 55% YoY and 2
ASML Earnings Preview: Can 55% Sales Growth Still Surprise Wall Street? $ASML Holding NV(ASML)$ will report Q3 2026 earnings on Wednesday, October 14, helping kick off another closely watched semiconductor earnings season. After sharply raising its full-year outlook in July, the world's leading lithography equipment supplier faces a much higher bar. The central question is whether ASML can expand production fast enough to meet surging AI-driven demand and sustain its growth momentum into 2027 and 2028. Core Financial Indicators – Consensus expects Q3 revenue of €11.62 billion, up 55% YoY and 25% QoQ, compared with the previous guidance ceiling of €12.0 billion. – Consensus expects a Q3 gross margin of 55.
MU Technical Analysis: Stock Dips Below Short-Term Moving Averages on Shrinking Volume, Retracing to the Middle Band The mid-term uptrend structure remains intact, but short-term price has fallen back below EMA20, interrupting the upward rhythm. Price at 1029.00 is about 1.0% below EMA20 at 1039.47, yet still 3.5% above EMA50 at 994.34. The two lines are in a bullish alignment but price is stuck below the short-term moving average, which qualifies as a pullback within an uptrend rather than a breakdown. The key question is whether EMA50 can hold, as that line is the last line of defense for this upward trend. Bollinger Band width is 21.1%, an extremely wide volatility range. Price currently sits between the middle band at 1038.26 and the lower band at 928.70, having slipped from above the
Micron Shares Fall Below $1,000 but Options Still Near Cheapest in a Year $Micron Technology(MU)$ fell below $1,000 Monday morning but options are still priced near the cheapest level of the past year. Still, contracts expiring today, known as zero-days-to-expiration (0DTE), carry a much higher implied volatility — the options market's way of saying a sharp move could arrive within hours. Fear has a name. China's ChangXin Memory Technologies, which trades as $CXMT Corporation (688825.SH)$, has advanced a new chip design that stores more memory on a single chip, a new server-memory product that competitors $Samsung Electronics (005930.KR)$ and $SK hynix (SKHY.US)$ are also pursuing, South China Morning Post
Nvidia Trader Uses Cheap Options to Bet the Record Run Fades $NVIDIA(NVDA)$ options are near their cheapest levels of the past year, and on Friday morning a trader spent $7.88 million opening in-the-money January put options — using bargain pricing to bet that the stock's record run could fade rather than hold. The timing followed a rough Thursday for artificial-intelligence stocks. Nvidia shares fell 2.94% on Thursday after the Financial Times reported that OpenAI had told investors its annualized revenue was nearing $50 billion, about $20 billion below a figure previously reported. If a central chip buyer is generating less revenue than assumed, the spending behind its orders gets harder to trust. Excha
SPCX Jumps 5% Ahead of Flight 14: Is Morgan Stanley's $300 Bull Case Waking Up? $Space Exploration Technologies Corp(SPCX)$ jumped 5.15% and is testing its 200-day EMA ahead of Flight 14. Morgan Stanley sees $300 as AI compute becomes a second growth engine, though another lock-up release arrives right after the launch. The Rally Has More Than One Catalyst The immediate catalyst is Starship Flight 14, but the bigger fundamental story is increasingly AI compute. Morgan Stanley currently rates SPCX Overweight with a $300 price target, versus Wednesday's $150.88 close. Its sum-of-the-parts framework assigns roughly $8/share to Space, $118 to Connectivity, $8 to X & Consumer AI, and $165 to Enterprise AI. In other words, more than half
AI Chip Stocks Are Selling Off Hard: Should Investors Buy, Hedge, or Wait? AI hardware stocks came under heavy selling pressure on Monday. The $PHLX Semiconductor Index (.SOX.US)$ fell more than 5% intraday, with $NVIDIA(NVDA)$ , $Advanced Micro Devices(AMD)$ , $Broadcom(AVGO)$ and $Micron Technology(MU)$ among the biggest decliners. Meanwhile, $Microsoft (MSFT.US)$ , $Alphabet-C (GOOG.US)$ and $Meta Platforms (META.US)$ moved higher, while cybersecurity stocks
Oracle Turns the Tables on Its Short Sellers With Earnings Blowout $Oracle(ORCL)$ just turned the tables on the traders betting against it. Short volume almost doubled to 5.09 million shares on Thursday, before the tech giant's financial results beat on the most important metrics, with its cloud business surging 121%. Short volume counts the shares sold short in a single session. A short sale is a wager that a stock will fall, so when that count climbs and the share price rises, the sellers face potential losses and may be forced to buy back — the classic squeeze. Oracle reported fiscal first-quarter revenue of $19.35 billion after the market closed on Thursday, beating the $19.13 billion analysts e
Stocks Rally Despite Rising Rate-Hike Odds. Should Investors Buy or Cut Risk? U.S. stocks staged a seemingly counterintuitive move on Friday: CPI came in hotter than expected and the odds of a Fed rate hike next week climbed further, yet all three major indexes moved higher, led by the Nasdaq. With a 25-basis-point hike now largely priced in, investors are shifting their focus to the path ahead: Will the Fed keep hiking after this move? Why Are Stocks Rising Despite Hotter CPI? First, the 10-year Treasury yield briefly approached 5% but failed to break decisively higher. For tech stocks, a sustained rise in long-term yields would add further valuation pressure. The stabilization in yields has therefore given growth stocks some room to rebound. Meanwhile, oil prices pulled back after their
SpaceX Volatility Sinks to Post-IPO Low as CFO Touts Orbital Compute $Space Exploration Technologies Corp(SPCX)$ options have rarely been cheaper. Implied volatility, the market's price tag for expected future swings, sits in the eighth percentile of its brief public history — traders are pricing calm even after its CFO touted the company's AI compute capacity both on earth and in orbit. The stock itself has been quiet. Shares closed up 0.4% on Thursday after SpaceX launched a classified payload for the U.S. Space Force, its 104th Falcon 9 flight of the year. It continued to trade in a relatively narrow range, swinging between a gain of 1.6% and a loss of 1.5% Friday. The gentle drift masks a busier news tape. On Thursday, Chief Financ