- Nov 7
Nasdaq recovers 1.1% after 5.5% AI-driven slump as Asian markets fall
On Friday, 6 November, the Nasdaq recovered 1.1 percent from the previous day's 5.5 percent slump, while Tokyo and Seoul closed sharply lower on fears of tighter AI rules after the Democrats' midterm win.
- Nov 7
Anthropic presses ahead with IPO as tech rout cuts its valuation target
Investors say the Claude maker still plans to list before the US Thanksgiving holiday, at a valuation well below the $2tn it once targeted, after tech stocks fell sharply on 5 November.
- Nov 6
Anthropic IPO valuation under pressure as AI stock sell-off deepens
Three large investors in Anthropic's planned IPO expect the valuation to fall from the $1.5tn target, with one placing it closer to $1tn. The float was already under pressure after the Nasdaq dropped more than 5.5% on Thursday, 5 November.
- Nov 5
Nasdaq sinks 5.52% as AI chip stocks slide on Democratic midterm sweep
Wall Street's three main indexes closed sharply lower on 5 November 2026, erasing most of the rally that followed the midterm elections. Investors fear that full Democratic control of Congress could slow data center expansion.
- Oct 30
Intel shares sink 28.6% after weak forecast as tech sell-off hits Wall Street
Intel closed down 28.58% on Friday, 30 October, after forecasting fourth-quarter revenue below expectations, and the Nasdaq fell 2.86% in a broad sell-off tied to doubts about AI spending.
- Sep 30
US stocks gain as August PCE inflation slows to 3.4%, easing rate hike bets
The US Commerce Department reported annual PCE inflation at 3.4% for August 2026, below forecasts of 3.7%, reducing market expectations for an October interest rate increase by the Federal Reserve.
- Sep 30
Smart ring maker Oura postpones $2.2 billion Nasdaq IPO citing market uncertainty
The wearable technology company delayed its planned share offering of 55 million shares despite reporting a 90% annual revenue increase and 5.7 million subscribers.
