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The Fed held off on a rate hike. Today's GDP and inflation reports could make waiting harder.
MarketWatch·- The Federal Reserve held off on an interest-rate hike while awaiting upcoming GDP and inflation reports. - Strong economic growth and persistent price pressures could strengthen the case for a rate increase in December. - Meanwhile, Wall Street monitored Big Tech earnings, where strong cloud growth driven by AI was tempered by high spending concerns.Marvell Stock Tumbles Amid Lumentum Bid Talks
benzinga_article·Black Friday Came Early for Chipmakers: Intel and 10 Other Stocks Are More Than 20% Off This Month
benzinga_article·- Eleven semiconductor stocks have lost over 20% of their value in October 2026, with Intel leading the decline at a 45% drop due to weak fourth-quarter revenue guidance. - The downturn was exacerbated by shifting memory capacity toward AI servers, causing shortages and higher costs for traditional PC components. - Despite the October sell-off, 10 of the 11 affected chipmakers remain up for the year 2026 overall.
