Stock Indices &amp; Equity News

LAM RESEARCHPHLX SEMICONDUCTOR INDEX

Lam Research Authorises $25 Billion Share Buyback

Lam Research announced on 5 November 2026 that its board had authorised up to $25 billion in additional common-share repurchases, supplementing amounts remaining under an earlier authorisation. The semiconductor-equipment company also declared a quarterly cash dividend of $0.33 per share, payable on 6 January 2027 to shareholders of record on 2 December 2026. The repurchase plan has no expiry date and does not oblige the company to purchase a specific quantity of shares. This is a new capital-allocation announcement rather than a new earnings report.

Airbnb Raises 2026 Outlook After Q3 Revenue Rises 19%

Airbnb reported third-quarter 2026 revenue of approximately $4.9 billion, up 19% year on year, on 5 November. Nights and seats booked grew 16%, while gross booking value increased 21% to $27.7 billion. The company authorised up to an additional $12 billion of share repurchases. Reuters reported Airbnb increased its 2026 revenue-growth outlook to the high teens from at least the mid-teens and that its shares rose in extended trading; such quotes are not final closing returns.

AIRBNBS&P 500

Cloudflare Q3 Revenue Rises 39% to $782.5 Million, Outlook Raised

Cloudflare reported third-quarter 2026 revenue of $782.5 million on 5 November, up 39% from the previous year. The company posted a GAAP operating loss of $67.9 million and non-GAAP operating income of $137.1 million, illustrating the difference between its reported and adjusted results. Cloudflare raised its full-year revenue outlook to approximately $2.96 billion. The earnings release followed a sharp technology-sector market sell-off, but its results are a company-specific event.

CLOUDFLARENASDAQ 100

SOUTH KOREA KOSPINIKKEI 225

South Korea KOSPI Falls More Than 8% and Triggers Circuit Breaker

South Korea’s KOSPI dropped more than 8% in early trading on 6 November 2026, triggering a 20-minute market-wide trading halt at 09:03 local time, according to Reuters. The index fell below 5,000 for the first time in nine months as semiconductor shares led losses; Samsung Electronics and SK Hynix both declined sharply at the reporting snapshot. The KOSPI subsequently recovered some losses, so the initial 8.6% decline should not be described as its closing return. The drop followed the previous US session’s large AI-led equity sell-off.

Stock Indices & Equities13 hours ago

US Nasdaq Sinks 5.52% as AI and Chip Shares Suffer Severe Sell-Off

Wall Street suffered a sharp sell-off on 5 November 2026 as uncertainty around AI investment returns and potential new data-centre scrutiny added to pressure on technology stocks. The Nasdaq Composite lost 5.52%, the S&P 500 fell 4.36% and the Dow declined 3.44%, according to contemporaneous market reporting. The Philadelphia semiconductor index lost around 12%, while Nvidia fell approximately 9.3%. These figures concern the 5 November US cash session, rather than Friday futures quotes. The reported value destruction reflects market-capitalisation estimates, not realised cash losses.

NASDAQ COMPOSITES&P 500PHLX SEMICONDUCTOR INDEX

AppLovin Revenue Jumps 55% to $2.18 Billion; Shares Surge After Hours

AppLovin reported third-quarter 2026 revenue of $2.185 billion, up 55% from a year earlier, and net income of $1.439 billion, up 72%, in a company release dated 4 November. The advertising-platform company reported adjusted EBITDA of $1.842 billion and issued strong fourth-quarter guidance. Its board approved an additional $3.2 billion repurchase authorisation. MarketWatch reported shares jumped nearly 23% after hours following the announcement, a session-specific observation rather than a closing price.

APPLOVINS&P 500

SOUTH KOREA KOSPIJAPAN NIKKEI 225PHLX SEMICONDUCTOR SECTOR INDEX

Asian Chip Stocks Slide as Qualcomm and Arm Results Rattle Sentiment

Asian semiconductor stocks fell on 5 November following Qualcomm and Arm earnings that revived concerns about smartphone demand and the returns from AI investment. Investing.com reported Samsung Electronics down 5.7%, SK Hynix down 7.4%, Japan’s Advantest down more than 11% and Lasertec down 12.5% at the reporting snapshot. The Associated Press reported South Korea’s Kospi down 3.5% after a larger intraday decline. These are intraday observations, not final closing prices; the new US chip earnings are a distinct catalyst from Asia’s 4 November AI valuation sell-off.

ARM HOLDINGSPHLX SEMICONDUCTOR SECTOR INDEX

Arm Revenue Reaches $1.44 Billion but Royalty Growth Disappoints

Arm Holdings reported fiscal second-quarter 2027 revenue of $1.44 billion, a 27% year-on-year increase, on 4 November. Licensing and other revenue rose 50% to $773 million, while royalties rose 8% to $670 million, according to Arm’s shareholder update. Reuters reported that royalty revenue missed analyst forecasts despite overall revenue and adjusted earnings beating estimates; the company projected fiscal third-quarter revenue of about $1.54 billion. Shares weakened in after-hours trading. The mixed outcome is distinct from Qualcomm’s own earnings report.

QUALCOMMPHLX SEMICONDUCTOR SECTOR INDEX

Qualcomm Shares Slide as Smartphone Chip Revenue Falls 26%

Qualcomm reported fourth-quarter fiscal 2026 results on 4 November. Reuters said handset chip revenue fell 26% to $5.14 billion, while chip-segment revenue declined 8% to $9.02 billion, as sluggish smartphone demand and reduced Apple-related sales weighed on the business. Qualcomm provided a fiscal first-quarter revenue outlook of $10.4 billion to $11.2 billion and projected chip-design operating margins of 20%–22%, below the prior quarter’s 24%, according to Barron’s. Shares fell in extended trading; the quoted percentage varies with observation time.

DOW JONES INDUSTRIAL AVERAGES&P 500NASDAQ 100

Dow Surges 1,569 Points as US Stocks Rally After Midterm Vote

The Dow Jones Industrial Average gained about 1,569 points, or 3%, on 4 November, while the S&P 500 rose 1.6% and the Nasdaq Composite 1.4%, according to the Associated Press and Reuters. Investors assessed the prospect of divided government and lower oil prices, which could reduce inflation pressures. The Philadelphia semiconductor index fell 3.1% despite the broad advance, highlighting a rotation away from some chip and data-centre names. Index returns refer to Wednesday’s US cash session, not Thursday futures.

NOVO NORDISK ADRNOVO NORDISK B SHARES

Novo Nordisk Raises 2026 Outlook as Wegovy Pill Drives Stronger Q3 Earnings

Novo Nordisk raised its 2026 outlook on 4 November after reporting better-than-expected third-quarter adjusted profit. The company reported adjusted operating profit of DKK 31.72 billion and adjusted quarterly sales of approximately DKK 79.20 billion. Its Wegovy pill generated DKK 5.39 billion in quarterly revenue. Novo now expects full-year adjusted sales and adjusted operating profit growth at constant exchange rates to range from a decline of 2% to growth of 2%, versus a previously weaker outlook. The company also reported impairment charges that weighed on reported operating profit, so adjusted and reported earnings should not be conflated. Reuters reported that shares initially rose after the announcement.

Shopify Revenue Grows 32% but Q3 Sales and GMV Miss Some Forecasts

Shopify reported third-quarter 2026 revenue of approximately $3.74 billion, up 32% year on year, and gross merchandise volume of about $119.15 billion, up around 29%. Adjusted earnings per share were $0.49 and free cash flow margin was 22%. External consensus comparisons varied by data provider: Yahoo Finance reported revenue and GMV below its polled estimates, while the company itself emphasised strong growth. The Yahoo Finance report cited an 8.7% share-price fall on Tuesday; that is a session-specific observation.

SHOPNAS100

AMD Reports Record $13.4 Billion Q3 Revenue as Data Centre Sales Jump 97%

Advanced Micro Devices reported third-quarter 2026 revenue of $13.377 billion on 3 November, up 45% from a year earlier. Its data centre business generated $8.546 billion, a 97% increase, driven by demand for EPYC processors and Instinct GPUs. GAAP net income was $2.428 billion and non-GAAP diluted earnings were $2.09 per share. The figures are from AMD’s published earnings release, not forecasts.

AMDNAS100SOX

Asian Chip Stocks Slide as Nikkei and Kospi Fall on AI Valuation Concerns

Asian technology and semiconductor shares fell on 4 November 2026 as investors weighed expensive AI valuations and US midterm election developments. The Associated Press reported Japan’s Nikkei down about 3.6%, South Korea’s Kospi down about 3.2%, and Taiwan’s Taiex down about 2.3% in the observed session. Kioxia, SK Hynix and Samsung were among the declining chip-related names. These are time-specific market observations, not final exchange closing prices.

JAPAN225KOSPIAMD

US Midterm Projections Point to Democratic Control of Congress

US media projections following the 3 November 2026 midterm elections indicate Democrats have won the House and made major Senate gains. Reuters reported House control was projected in the Democrats’ favour; Axios reported a Democratic Senate takeover based on Associated Press projections. Some races were still being counted when the reports appeared. These are media projections rather than certified final congressional results, and reports of market losses cannot by themselves prove the election was the sole catalyst.

DXYUS500NAS100

MARVELL TECHNOLOGYLUMENTUM

Marvell Agrees to Buy Lumentum in $115 Billion All-Stock AI Optics Deal

Marvell Technology and Lumentum announced a definitive all-stock acquisition agreement on 2 November 2026. Under the proposed terms, Lumentum shareholders would receive 4.500 Marvell shares for each Lumentum share. The companies gave the transaction an implied enterprise value of approximately $115 billion, including an implied value of roughly $1,132 per Lumentum share. Marvell shareholders are expected to own around 67% of the combined company and Lumentum shareholders 33% after closing. The deal is announced, not completed, and remains subject to closing conditions.

Apple Q4 Revenue Climbs 12% to $114.5 Billion as Holiday Margins Face Pressure

Apple reported fiscal fourth-quarter 2026 revenue of $114.5 billion, up 12% year on year, in results released on 2 November. Diluted earnings per share were $2.10, up 14%, and the quarter’s gross margin was 47.9%, including a favourable impact from tariff refunds. The company reported a September-quarter record for iPhone revenue and an all-time high for Services revenue. Subsequent outlook commentary indicated a lower gross-margin range for the holiday quarter as memory costs and product investment increased. These are company-reported results and guidance, not a confirmed future earnings outcome.

APPLE SHARESNASDAQ 100

Oracle Plans $20 Billion Stock and Bond Financing for AI Build-Out

Oracle announced plans on 2 November 2026 to raise approximately $20 billion to finance its AI and cloud infrastructure expansion, with about $10 billion from an equity offering and $10 billion from bonds. Reuters reported that the company priced 86.2 million shares at $116 each, around an 11.2% discount to its previous close, and that its shares fell 8.8% during the session. The proceeds may be used for capital expenditure and other general corporate purposes. The financing announcement is a confirmed corporate transaction, while future spending outcomes remain uncertain.

ORACLE SHARESNASDAQ 100

PALANTIR TECHNOLOGIESNASDAQ 100

Palantir Q3 Revenue Jumps 96% to $2.31 Billion, Raises Annual Outlook

Palantir reported third-quarter 2026 revenue of $2.313 billion, up 96% year on year, on 2 November. US commercial revenue increased 148% to $984 million and exceeded US government revenue of $953 million for the first time. Palantir raised its full-year revenue forecast to $8.530 billion–$8.534 billion and guided fourth-quarter revenue to $2.649 billion–$2.653 billion. The results were disclosed in a company earnings release filed with the US Securities and Exchange Commission. The annual and next-quarter guidance is forward-looking, not realised revenue.

EXXONMOBIL SHARESCHEVRON SHARES

ExxonMobil and Chevron Hit Reported Highs on Refining Margins

ExxonMobil and Chevron touched record highs amid strong refining margins during the 30 October session. The report does not supply exchange-confirmed highs or individual closing prices.

Amazon Cash Burn Weighs on Big Tech Shares

The late-October technology sell-off to Amazon’s elevated capital expenditure and cash burn. Piplix already published Amazon’s Q3 result, AWS growth and trailing-twelve-month negative free cash flow.

AMAZON SHARESNASDAQ 100

Intel Plunges After Weak Fourth-Quarter Revenue Outlook

The report says Intel fell more than 25% on 30 October following weak fourth-quarter guidance, reinforcing a semiconductor-sector sell-off. Piplix already has multiple reports of Intel’s roughly 29% decline and the underlying quarterly forecast.

INTEL PLUNGES