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Weekly Recap: Q3 revenue surge and ARK share sale, AVGO drops. Broadcom Inc. (NASDAQ:AVGO) reported Q3 revenue rose 86% year over year to $29.6 billion, with AI chip sales up 221% to $16.7 billion and free cash flow of $13.7 billion. Q4 revenue is forecast at $34.8 billion. Previous Week Recap AI Chip Sales Surge : Broadcom’s Q3 revenue rose 86% year over year to $29.6 billion, with AI chip sales up 221% to $16.7 billion. Free cash flow reached $13.7 billion. Q4 revenue is forecast at $34.8 billion. GuruFocus ARK Sells Broadcom Shares : ARK Invest sold 410,559 Broadcom shares worth about $119.7 million. AVGO fell 10.5% Thursday, extending its year-to-date loss to roughly 16%. GuruFocus McGuire Reports Broadcom Sale : Rep. John McGuire reported selling $1,000 to $15,000 in Broadcom Inc. (AVGO) shares on Sept. 24. Benzinga

Weekly Recap: Q3 revenue rises and 4D LiDAR defense project selected. Aeva Technologies, Inc. (NASDAQ:AEVA) reported Q3 2026 revenue of $6.7 million, up from $3.6 million a year earlier, and a non-GAAP loss per share of $0.39 versus $0.46. The U.S. Air Force and U.S. Navy selected it to jointly develop applications for its 4D LiDAR technology. Previous Week Recap Q3 Revenue Rises, Loss Narrows : AEVA’s Q3 2026 revenue rose to $6.7 million from $3.6 million year over year. Gross profit reached $2.2 million; non-GAAP loss per share narrowed to $0.39 from $0.46. 2 sources U.S. Military Selects Aeva LiDAR : The U.S. Air Force and U.S. Navy selected Aeva Technologies, Inc. (AEVA) for joint development of applications for its 4D LiDAR technology in remote sensing and autonomous airborne operations. TradingView Atlas Shipments, Audit, ADAS Milestone : Aeva (AEVA) shipped production-intent Atlas sensors to Daimler Truck, passed a VDA audit for a major European automaker and completed an ADAS development program with Bendix. TradingView Performance Obligations Total $26.1 Million : Aeva Technologies (AEVA) reported $26.1 million in remaining performance obligations as of Sept. 30, 2026, with about 36% expected to become revenue over the next 12 months. TradingView Price Target Falls to $26.80 : Aeva Technologies’ average 12-month price target fell to $26.80 from $29, with analyst estimates ranging from $11 to $42. Six analysts split evenly between Buy and Hold; none rated shares Sell. TradingView Optical Programs Advance, Capacity Expands : - Aeva Technologies, Inc. (AEVA) said its optical programs advanced toward qualification and that it is expanding manufacturing capacity and investment. Quartr

Weekly Recap: Aurora construction begins and quarterly loss widens. Oklo Inc. Class A (NYSE:OKLO) began structural construction of its 75-megawatt Aurora powerhouse in Idaho after DOE approved its preliminary safety analysis, with operations expected in 2028 or 2029. Third-quarter revenue was $1.86 million and net loss widened to $41.75 million. Previous Week Recap Aurora Construction Begins : Oklo (OKLO) began structural construction of its 75-megawatt Aurora powerhouse in Idaho after DOE approved its preliminary safety analysis. Operations are expected to start in 2028 or 2029. 2 sources Q3 Revenue, Losses Widen : Oklo reported third-quarter revenue of $1.86 million, but its net loss widened to $41.75 million. The company held $3.13 billion in cash and maintained its full-year spending guidance. 3 sources Forged Rings Capacity Reserved : Oklo reserved U.S. Forged Rings manufacturing capacity for components equivalent to 27 Aurora modules, targeting initial deliveries in 2030. Supply depends on facility completion and qualification. 3 sources Ohio Meta Campus Advances : Oklo says its planned Ohio power campus with Meta is advancing through PJM’s interconnection process. A separate Virginia site application withdrawal and FERC decision do not affect the Ohio project. MarketBeat Groves Reactor Achieves Criticality : Oklo Inc. Class A (OKLO)’s Groves Isotope Test Reactor received U.S. Department of Energy authorization to start up on July 23 and achieved first criticality on August 5. TradingView DOE Funds Fuel Processing Research : DOE selected Oklo for about $6.8 million in work with Idaho National Laboratory to optimize recycled metal fuel processing and develop data supporting its use. MarketBeat Nuclear Fuel Recycling Demonstrated : - Oklo Inc. Class A (OKLO), Argonne National Laboratory and Idaho National Laboratory completed an end-to-end demonstration of key stages of nuclear fuel recycling. TradingView Switch, Meta Power Agreements : Oklo Inc. Class A (OKLO) cited a 12-gigawatt Master Power Agreement with Switch and a prepayment framework with Meta as part of its planned power deployments. TradingView Wedbush Initiates Outperform Coverage : Wedbush launched coverage of Oklo (OKLO) with an Outperform rating and $36 price target, citing AI power needs and broader electrification as long-term drivers for nuclear energy. Stocktwits Third-Quarter Results Published : • Oklo Inc. Class A (OKLO) published its financial results and business update for the third quarter ended September 30, 2026, on November 6, 2026. BusinessWire

Weekly Recap: Q1 earnings and $500 million share repurchase. Viavi Solutions Inc (NASDAQ:VIAV) posted Q1 revenue of $469.3 million, up 56.9% year over year, and adjusted EPS of $0.47, with Q2 revenue guidance of $505 million–$515 million and EPS of $0.50–$0.52. It authorized a new $500 million share repurchase program. Previous Week Recap Q1 Revenue Surges, Q2 Guidance : Viavi Solutions (VIAV) posted Q1 revenue of $469.3 million, up 56.9% year over year, and adjusted EPS of $0.47. Q2 guidance: revenue of $505 million–$515 million and EPS of $0.50–$0.52. 3 sources $500 Million Buyback Authorized : Viavi Solutions Inc (VIAV) authorized a new $500 million share repurchase program. Reuters UBS Lowers Price Target : UBS maintained its Neutral rating on Viavi Solutions Inc (VIAV) and lowered its price target to $33 from $44. TradingView U.S. Army Selects T/Rx System : Viavi Solutions (VIAV) said the U.S. Army selected its T/Rx system to create electromagnetic environments at test ranges for developing drones, counter-drone systems and interceptors. MarketBeat

Weekly Recap: Q3 revenue rises 124% and joins NASA lunar services pool. Voyager Technologies, Inc. Class A (NYSE:VOYG) reported Q3 2026 revenue rose 124% year over year to $88.7 million and record bookings of $116 million, and raised 2026 revenue guidance to $285 million–$305 million despite a $55.7 million net loss. Previous Week Recap Revenue Surges, Guidance Raised : VOYG’s Q3 2026 revenue rose 124% year over year to $88.7 million; bookings hit a record $116 million. It raised 2026 revenue guidance to $285 million–$305 million, despite a $55.7 million net loss. 3 sources Joins NASA Lunar Provider Pool : Voyager Technologies (VOYG) joined NASA’s lunar services provider pool, eligible to bid for missions through 2036 under a $10 billion contract ceiling. Selection guarantees no task orders or revenue. 2 sources Analysts Cut Price Targets : BTIG kept its Buy rating on Voyager Technologies (VOYG) but cut its price target to $50 from $55. KeyBanc maintained Overweight and lowered its target to $40 from $50. 2 sources Anduril Partnership, AI Contract : Voyager Technologies (VOYG) partnered with Anduril to deliver advanced defense tech and secured a contract for an agentic AI spectrum-operations platform. TradingView Anduril Contracts, Facility Operational : VOYG highlighted its Anduril partnership, backed by $60 million in existing contracts. Its Pueblo, Colorado, facility is operational, with initial production units due in early 2027. MarketBeat Starlab Reservations, NASA Milestone : Voyager reported reservations for Starlab and cited NASA’s next commercial space-station procurement milestone as developments related to its longer-term opportunity. Quartr Saltzman Named Board Chairman : Voyager Technologies (VOYG) named retired U.S. Space Force Gen. B. Chance Saltzman chairman of its Board of Advisors, adding strategic counsel on space, defense, customer needs and threats. BusinessWire

Weekly Recap: Q1 revenue results and analyst price-target cuts. Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) reported fiscal Q1 2027 revenue of $177.8 million, up 4.3% sequentially and down 2.6% year over year, while AI and server revenue surged 65% sequentially. GAAP loss was $6.1 million. Previous Week Recap Q1 Revenue Rose Sequentially : AOSL posted fiscal Q1 2027 revenue of $177.8 million, up 4.3% sequentially but down 2.6% year over year. AI and server revenue surged 65% sequentially; GAAP loss was $6.1 million. 3 sources Analysts Cut Price Targets : Four analysts cut AOSL price targets: Lake Street to $40 and Needham to $30, both retaining Buy; B. Riley to $22 with Neutral; Stifel to $27 with Hold. TradingView

Weekly Recap: LOCUST X3 support and potential FY27 defense cuts. AeroVironment, Inc. (NASDAQ:AVAV) named Leonardo DRS to provide systems support for U.S. Army production of LOCUST X3 laser weapons and raised revolving credit commitments by $100 million to $450 million. Congress has not decided fiscal 2027 defense funding, which a CSIS analysis estimates may fall short of the White House request. Previous Week Recap Leonardo DRS Supports LOCUST X3 : On Nov. 2, AeroVironment named Leonardo DRS to provide power, thermal and environmental systems support for U.S. Army production of LOCUST X3 laser weapons for mobile counter-drone missions. GlobeNewswire Potential Drone Program Funding Cuts : A CSIS analysis estimates Congress may approve less fiscal 2027 defense funding than the White House requested, potentially exposing AeroVironment to cuts in drone programs. Congress has not decided. Benzinga Credit Commitments Reach $450 Million : AeroVironment raised revolving credit commitments by $100 million to $450 million, added BMO as a lender and expanded letter-of-credit flexibility. The facility matures Oct. 4, 2029. TradingView KeyBanc Lowers Target, Maintains Overweight : KeyBanc maintained its Overweight rating on AeroVironment, Inc. (AVAV) and lowered its price target to $200 from $220. TradingView ARKX Adds AVAV Shares : AeroVironment, Inc. (AVAV) was added to by ARK Investment Management through the ARK Space & Defense Innovation ETF (ARKX) on Friday. Stocktwits

Weekly Recap: Q3 revenue, profit gains and nine-month sales records. FormFactor, Inc. (NASDAQ:FORM) reported third-quarter 2026 revenue of $280.55 million, up 38.4% year over year, while net income climbed to $73.82 million from $15.66 million. The company began production at its Farmers Branch facility late in the quarter and expects it to ramp up through fiscal 2027. Previous Week Recap Q3 Revenue And Earnings Surge : FormFactor (FORM) reported Q3 2026 revenue of $280.55 million, up 38.4% year over year. Net income climbed to $73.82 million from $15.66 million; diluted EPS rose to $0.93 from $0.20. TradingView Record Probe-Card Demand : FormFactor (FORM) revenue rose 34% in the first nine months of 2026, with quarterly records. Foundry, logic and DRAM demand lifted probe-card sales, driven by networking, server CPUs, DDR5 and HBM. TradingView Triton Photonics Drives Systems Growth : • FormFactor, Inc. (FORM) reported that Triton photonics testing drove growth in its Systems business, while legacy offerings declined amid changes in capacity and demand. TradingView Farmers Branch Production Ramp : FormFactor, Inc. (FORM) began production at its Farmers Branch facility late in the third quarter, started shipments in the fourth quarter, and expects the facility to ramp up through fiscal 2027. TradingView Buy Upgrade, $140 Target : Freedom Capital Markets upgraded FormFactor, Inc. (FORM) to Buy from Hold and maintained its $140 price target. TradingView Production Shifts And Closures : FormFactor (FORM) is shifting production from Carlsbad and Baldwin Park to other sites. Baldwin Park closed in January; Carlsbad is set to operate through December 2026. TradingView

Weekly Recap: Results beat expectations and largest-ever separation program. Microsoft Corporation (NASDAQ:MSFT) reported September-quarter revenue of $92.3 billion, up 19%, and EPS of $4.92, beating expectations. Azure grew 48% to $33.17 billion, while quarterly capital spending was $45.2 billion, below the $50.7 billion forecast. Previous Week Recap Revenue And Azure Growth Surge : Microsoft (MSFT) reported September-quarter revenue of $92.3 billion, up 19%, and EPS of $4.92, beating expectations. Cloud revenue rose 30% to $63.9 billion; Azure grew 48% to $33.17 billion. 3 sources Largest-Ever Voluntary Separation Program : Microsoft (MSFT) offered voluntary separation packages to about 60,000 workers, or 27% of its staff, in October 2026—the largest such program in company history. Invezz Grid Delays Force Project Exit : Microsoft (MSFT) withdrew from two Nscale data center projects in Essex after grid delays pushed power availability into the 2030s. It is renting computing capacity from other cloud providers. 3 sources Data Center Delays Defer Spending : Microsoft (MSFT) postponed about $5 billion in planned spending amid construction and equipment delays at IREN’s Texas data center, potentially pushing completion back weeks or months. 3 sources Microsoft Tightens Data-Center Oversight : Microsoft is tightening oversight of data-center projects with Nebius, IREN and Nscale amid delays and rising costs, while reviewing new contracts and prioritizing its own facilities. 3 sources GPU Contracts Slip Into 2027 : - Microsoft Corporation (MSFT) CFO Amy Hood said in October that some GPU-related cloud contracts had slipped to the first half of 2027, weighing on Azure growth. Benzinga Capital Spending Misses Forecast : Microsoft (MSFT) reported quarterly capital spending of $45.2 billion, below the $50.7 billion forecast, raising concerns about the pace and durability of AI infrastructure investment. Benzinga Oracle AI Deal Renewal Uncertain : Reports conflict on whether Microsoft will renew its Oracle AI computing deal. The company has reportedly reduced Oracle capacity, citing older Nvidia chips, while prioritizing its own data centers. 2 sources Free Cash Flow Recovery Forecast : Analyst Dan Ives expects Microsoft’s free cash flow to bottom in H1 2027, recover in H2 and rebound in 2028, with stronger growth in 2029–30. Big Tech capex may peak in 2027. 2 sources Debt Issuance Amid Strong Reserves : Microsoft was among five hyperscalers issuing debt in 2026, but remained an outlier with substantial free-cash-flow reserves as the sector ramps up AI infrastructure spending. 2 sources

Weekly Recap: DARPA SabreSat test contract and 32% Q3 Space revenue growth. Redwire Corp (NYSE:RDW) won a $20 million DARPA contract to test a scaled SabreSat, adding a second flight mission to its Otter program. Q3 Space revenue rose 32% to $61.3 million, while the company reported a quarterly revenue miss. Previous Week Recap DARPA Awards $20 Million Contract : Redwire won a $20 million DARPA contract to test a scaled SabreSat, adding a second flight mission to its Otter program. The award builds on a $44 million Phase 2 contract. 3 sources Space Revenue Rises 32% : Redwire’s Q3 Space revenue rose 32% to $61.3 million, driven by timing on large contracts. Defense Tech revenue fell $9.1 million to $47.8 million, while its operating loss narrowed to $3.9 million. 2 sources Shares Fall After Revenue Miss : • Redwire Corp (RDW) shares fell nearly 5% during the regular session and declined more than 2% overnight after the company reported a quarterly revenue miss. Stocktwits Analysts Lower Price Targets : Three analysts cut Redwire’s price targets: Canaccord to $13 and B. Riley to $14, both retaining Buy ratings; Piper Sandler lowered its target to $8 and kept Neutral. TradingView Axiom Orders Two ROSA Wings : - Redwire Corp (RDW) received a follow-on contract from Axiom Space to develop and deliver two Roll-Out Solar Array (ROSA) wings for the second module of Axiom Space’s space station. 2 sources

Weekly Recap: Target cut, Buy rating retained and Q3 may mark low point. Rigetti Computing, Inc. (NASDAQ:RGTI) was set to report third-quarter results Nov. 10, and Ellis said the quarter may mark a low point before expected C-DAC system revenue in Q4. B. Riley Securities cut its price target to $25 from $35 while keeping a Buy rating. Previous Week Recap B. Riley Cuts Price Target : B. Riley Securities cut its RGTI price target to $25 from $35, keeping a Buy rating. Rigetti was set to report third-quarter earnings Nov. 10. 3 sources Q3 May Mark Low Point : Rigetti Computing (RGTI) was set to report Q3 results Nov. 10. Ellis said the quarter may mark a low point before expected C-DAC system revenue in Q4. GuruFocus

Weekly Recap: Cree LED sale and SK hynix reports 9.1% stake. Penguin Solutions Incorporation (NASDAQ:PENG) will sell Cree LED to Transom Capital Group in an all-cash deal expected to close in the first quarter of 2027; Cree LED represents about 10% of projected fiscal 2027 sales. SK hynix and affiliates reported a 9.1% stake, acquired for $377.2 million. Previous Week Recap Cree LED Sale To Transom : Penguin Solutions (PENG) will sell Cree LED to Transom Capital Group in an all-cash deal expected to close in Q1 2027. Cree LED is about 10% of projected FY2027 sales. 2 sources SK hynix Reports 9.1% Stake : SK hynix and affiliates reported a 9.1% stake in Penguin Solutions (PENG), via preferred shares convertible into 6,096,103 common shares. They bought the shares on Oct. 29 for $377.2 million. TradingView SMART Modular DDR5-12800 MRDIMMs : Penguin Solutions (PENG) announced SMART Modular DDR5-12800 MRDIMMs for AI data centers, offering higher memory bandwidth than standard RDIMMs and optional high-reliability testing. 2 sources Full-Stack AI Factory At SC26 : Penguin Solutions (PENG) will showcase its Full-Stack AI Factory Platform at SC26 in Chicago, Nov. 15–20, 2026, with demos of AI systems, cluster management, CXL memory and inference. BusinessWire

Weekly Recap: Fiscal Q4 revenue surge and take-or-pay commitments. Micron Technology, Inc. (NASDAQ:MU) reported fiscal Q4 revenue of $54.23 billion, up from $11.32 billion a year earlier, and forecast next-quarter revenue near $61.5 billion. It expects memory shortages to worsen in 2027-28 as AI data center demand outpaces supply. Previous Week Recap Revenue Surges, Forecast Rises : Micron (MU) reported fiscal Q4 revenue of $54.23 billion, up from $11.32 billion a year earlier, with an 86.8% gross margin. It forecast next-quarter revenue near $61.5 billion. Invezz Take-or-Pay Deals Secure Revenue : Micron (MU) has take-or-pay deals covering over 35% of forecast revenue through 2030, backed by nearly $32 billion in customer deposits. Customers may seek changes if AI spending slows. Invezz Potential $100 Billion Buybacks : Micron (MU) could start major buybacks Dec. 9. Barron’s estimates repurchases may reach $100 billion by fiscal 2027, over 10% of its current market value; the amount is not confirmed. Invezz DRAM Share Falls : Micron held 21% of global DRAM share in Q3, down from 26% a year earlier. Its DRAM revenue grew slower than Samsung’s and SK Hynix’s as industry revenue surged 369% year over year. 2 sources Facility Expansion, Worsening Shortages : Micron plans six facilities over the next two years, with three ready by mid-2027 and the rest in 2028. It expects memory shortages to worsen in 2027-28 as AI data center demand outpaces supply. GuruFocus 2028 Supply Balance Unclear : Micron (MU) CEO Sanjay Mehrotra said supply should gradually improve in 2028, but the timing of a balance with demand remains unclear. Over 75% of expected 2027 output is committed. Benzinga Taoyuan Union Strike Threat : Micron (MU) faces a strike threat from its Taoyuan union, which seeks renewed talks and 15% of global operating profits. The dispute has paused a plant project; Taiwan operations remain normal. 2 sources Cloud Spending And Competition Risks : Skeptics say Micron’s earnings rely on continued cloud-provider spending. Rising production and competition from Chinese memory makers could boost supply, pressuring memory prices and profit margins. MarketWatch Annual HBM Generations Through 2030 : • Micron Technology, Inc. (MU) plans to introduce successive generations of high-bandwidth memory annually through 2030, beginning with HBM4 in 2026 and targeting HBM6 by the end of the decade. GuruFocus Taiwan Strike Over AI Revenue : Eleven Micron employees in Taiwan staged a one-day strike over sharing AI-driven revenue growth. Union membership has surged, though no production disruptions were confirmed. ForkLog

Weekly Recap: Q3 revenue growth and cOS platform expansion. Harmonic Inc. (NASDAQ:HLIT) reported Q3 2026 revenue of $148.8 million, up 64% year over year and above guidance, with non-GAAP EPS of $0.23. It raised 2026 revenue guidance to $545–$555 million. Previous Week Recap Revenue Surges, Guidance Raised : Harmonic (HLIT) posted Q3 2026 revenue of $148.8 million, up 64% year over year and above guidance. Non-GAAP EPS was $0.23. It raised 2026 revenue guidance to $545–$555 million. 3 sources cOS Expands, SensAI Launches : Harmonic (HLIT) said cOS served 52.6 million devices across 167 customers. It launched recurring-revenue service cOS SensAI in September, with initial wins, and Beacon was live at 25 operators. 3 sources Video Sale, Broadband Focus : Harmonic Inc. (HLIT) sold its Video business and shifted its focus to Broadband. Its operating cash flow declined, and customer concentration remained a risk. Quartr Jefferies Cuts Price Target : Jefferies maintained its Hold rating on Harmonic Inc. (HLIT) and lowered its price target to $13 from $15. TradingView

Mapping the Market: Alphabet shares may be ready for a corrective rally. By Christopher Romano Shares in Google’s parent company, Alphabet, have been on the slide since May, losing more than 30% peak-to-trough during that time. After such a slide, they might be due for a reprieve, if only temporarily, that could lift the stock by about 10%, technical analysis indicates. Click here for a detailed technical analysis chart. Markets rarely move in a straight line and even strong downward trends can be interrupted by short-term rallies, called corrections. Technical analysts use charts of recent price action to map out where a stock might go in such a correction. One thing chart watchers look for in a falling market is support, which is a level that acts as a floor for prices. Crucially for the prospects of a bounce in Alphabet, the stock appears to have found support in the $270-$275 area. When analysts search for support, they often use previous lows, which show the market’s reluctance to push the stock below a certain level. Another source of support is percentage-based calculations of levels that markets often revisit after a big move. These are called Fibonacci retracements, and there is one at $274.57. It marks the halfway point of Alphabet’s rise from April 2025 to May this year, according to data supplied by LSEG. The significance of this area of support is enhanced by the November 2025 monthly low at $270.70 and the March 2026 monthly low at $272.11. During a potential corrective bounce such as Alphabet’s, analysts can use something called a trend channel to determine the scale of a stock’s fluctuations as it fell. A trend channel consists of a center line that plots the shares’ main course surrounded by parallel lines marking the key highs and lows of the move. Alphabet’s lows this week and last pulled it beneath the bottom of the trend channel. Now that it has bounced back above, the center line of the trend channel is a likely target, which is around $315-$320. Technical analysts use measures of momentum and volatility to corroborate a view that a stock will rise or fall. These include the Relative Strength Index, or RSI, which measures the time and scale of a move to give a reading on momentum. Moving Average Convergence Divergence, called MACD, is another tool. It compares two moving averages to gauge momentum. There is also something called Bollinger Bands, which gauges a stock’s variance from a moving average to assess volatility. These three gauges arrive at a mixed verdict on Alphabet. On a weekly basis, RSI is signaling the possibility of gains but MACD and Bollinger Bands indicate continued risk of a fall. Together, this indicates that Alphabet remains stuck in a downward trend but that it could rise in the short term. If Alphabet falls below the $272-$275 zone, then the stock will probably extend its downtrend. However, a move above the center line near $315-$320 would tell traders it’s time to consider the possibility of further gains. Alphabet did not immediately respond to a request for comment through its media relations portal. What the chart shows: Alphabet falls more than 30% peak-to-trough since May Corrective bounce may lift it back up to $315-$320 Fall below the $272-$275 zone would trigger a resumption of the existing downward trend (Mapping the Market is a daily column written by Reuters journalists. The commentary is based on a technical analysis of financial charts, which helps assess the likelihood of future price moves but does not guarantee the outcome. The column does not constitute investment advice or trading recommendations. )

Banks, investors grow wary of AI debt, spooked by market selloff. By Saeed Azhar and Nupur Anand Banks and credit investors are upping their scrutiny of AI-related debt deals while showing reluctance to increase exposure to borrowers, jolted by the recent market selloff and changing sentiment toward the technology's growth trajectory. Some banks, which just a few weeks ago were lining up to fund AI deals, are now telling market participants they would be reluctant to finance additional deals even when they involve guarantees from the sector's marquee technology companies, according to several banking and credit sources. The lending pullback has been exacerbated by a recent drop in the stock market, which erased $2.5 trillion in market value on Thursday from the Nasdaq 100, and sent the index into a correction. The US midterm election results are also adding anxiety about more oversight of data centers. A potential slowdown in AI data center construction could curb loan growth and dent investment banking fees from the loans, bond sales and stock offerings that have helped finance the sector's rapid expansion. The change, according to two sources, has come in just the past few days. Some lenders have shown reluctance to finance deals even if they are backstopped by names such as Anthropic and Google GOOG , the sources said, without specifying names of the lenders. Anthropic declined to comment on its recent borrowing. Google declined to comment. "Over the past year there was unbridled enthusiasm to provide debt to neoclouds, anyone who was building data centers or some sort of AI asset," said Chris Poggi, finance partner at Ropes & Gray, referring to companies that rent out powerful AI computing capacity, often built around advanced chips, to businesses developing AI. "Debt investors' books have become full and now they are assessing if they have extended themselves as much as they're going to extend themselves this year." Even so, much more supply is coming to the AI loan market because borrowing needs are so high. Goldman Sachs Research projects global hyperscaler debt issuance will reach $420 billion in 2027, more than 60% above its estimate of $250 billion for fiscal 2026. Investors and lenders are also stress-testing cash flows for economic downturns and scrutinizing contractual details underpinning AI infrastructure projects, including service obligations, operational deadlines and the conditions under which large technology customers could reduce or terminate commitments, two of the sources said. Many of these deals are fairly complex. Chipmakers typically backstop the senior debt that will finance the purchase of advanced chips for an AI company and also guarantee payments on the long-term lease of the data centers. Banks and private credit players have until recently been attracted to such loans because of the guarantees that ensure debt payments. As hyperscalers and neoclouds race to raise additional debt for data centers, chips and computing infrastructure, they are increasingly running into lenders questioning how much additional exposure they want to a sector that is already taking up a large part of their loan book. At JPMorgan Chase, for instance, loans backed by other income-producing properties, which includes data centers, were at $29 billion outstanding at the end of the third quarter. They are the bank's second-largest commercial real estate exposure at 12%, following apartment buildings. JPMorgan declined to comment. That was up from 8% of the bank's CRE loans three years ago, when the data center category ranked fourth after apartments, industrial properties and office buildings. Like direct lenders, investors are becoming far more selective about which deals they will back. The spread on 10-year hyperscaler debt has widened by about 50 basis points year to date, versus roughly 20 basis points for high-quality industrial companies not tied to AI, according to Bank of America credit analyst Yuri Seliger. Bond prices of Meta META , issued earlier this year, and SpaceX are trading below par. In Asia, some banks are making sure deals are backed by cash flow and scrutinizing risks closely. "The kind of deals we look at, we are very focused on the risk aspect. So we structure the deals around to make sure that the cash flow is there," said Singapore's OCBC Group O39 CEO Tan Teck Long on Friday during an earnings briefing. WEAKER CREDIT The pullback has been particularly pronounced among riskier AI borrowers such as neocloud companies and standalone data center operators. Oracle ORCL and CoreWeave CRWV are among the neocloud companies that could be impacted by possible construction delays or moratoriums, according to Baird Equity Research. CoreWeave's stock has fallen 35% year to date, and its bond prices have also dropped sharply on the secondary market. Some planned bond offerings linked to data centers and chips are also being shelved. Nasdaq-listed neocloud firm Nebius NBIS had been exploring a high-yield bond issue in September, but decided not to go ahead with it last month, one of the sources familiar with the matter said. The AI cloud company did not respond to a Reuters request for comment. Nebius in October entered into a $3.5 billion senior secured loan facility provided by Citigroup, to use for data center development and GPU procurement and general corporate purposes. "Most banks and credit investors will take a wait and see approach," said Jay Bala, co-founder and CEO of $300-million alternative asset manager AIP, referring to how AI growth will fare following the Democratic sweep of Congress in the midterms.​

Crude oil is caught between hopes of a US-Iran deal and escalation risks. What's next?

CHINA 🇨🇳 DENIES THAT NVIDIA $NVDA CEO JENSEN HUANG WAS TARGETED BY A CHINESE SPY A spokesperson for China's foreign ministry called the allegation "unsubstantiated" and a smear against China, per AP

US opens probe into 2,895 Waymo vehicles over school bus safety violations. The U.S. National Highway Traffic Safety Administration said on Monday it had opened a recall query into 2,895 vehicles operated by Alphabet's GOOG self-driving unit Waymo over continued traffic safety violations involving the vehicles' behavior when encountering school buses. NHTSA said it was reviewing whether a software update implemented by Waymo under a December 2025 recall adequately addressed a defect that could cause Waymo vehicles to pass school buses displaying flashing red lights or extended stop arms after initially slowing or stopping. The auto safety regulator said most of the incidents occurred after November 2025, when Waymo said it had completed the software remedy for all affected vehicles. The recall query will assess the adequacy of the remedy and determine the causes of the post-remedy incidents, NHTSA said. Separately, NHTSA had opened a probe in January after one of Waymo's self-driving vehicles struck a child near an elementary school in Santa Monica, California.

HSBC CUTS US TREASURIES TO NEUTRAL FROM STRONG OVERWEIGHT

HSBC CUTS US TREASURIES TO NEUTRAL FROM STRONG OVERWEIGHT

$TSLA - TESLA TO REFUND CYBERTRUCK DEPOSITS Tesla CEO Elon Musk says the company will refund deposits to many Cybertruck customers, claiming orders exceed remaining production capacity. Tesla plans to end Cybertruck production in approximately eight months, freeing up its Texas factory for the Cybercab autonomous vehicle.

AMD Stock Pops. It's About Much More Than the Jensen Huang Probe. — Barrons.com. By George Glover Advanced Micro Devices and Nvidia are the two top dogs of chip-making, so perhaps it's no surprise the former company's shares were rising on Monday as the latter's stock floundered. Still, that could be down to Oppenheimer analyst Rick Schafer's bullish research note on AMD, rather than Nvidia's investigation into reports that CEO Jensen Huang was targeted by a suspected Chinese spy. AMD climbed 1.4% to $455.49 ahead of the opening bell. Nvidia dropped 5.2% to $176.90. The stocks were down 24% and 17% respectively over the past month through Friday's close, as Wall Street worries about a potential slowdown in spending on artificial intelligence. Schafer is telling AMD investors to shrug off those fears. In Sunday's note, he upgraded shares to Outperform and set a $600 price target. That implies upside of 34% for the beaten-down chip stock. The analyst cited last week's third-quarter earnings report, where AMD's profit and revenue both topped the Street's targets. CEO Lisa Su said the company expects sales to grow 80% or more next year. Schafer sees data centers as the key growth driver for AMD. He's forecasting a 135% surge in revenue for that business next year, citing robust spending on chips from the likes of OpenAI, Meta Platforms, Oracle, Microsoft, and Saudi Arabia's state-backed AI company Humain. Lovers of corporate intrigue will be disappointed that Schafer steered clear of discussing what the turmoil enveloping Nvidia would mean for AMD, its main rival when it comes to AI chipmaking. Nvidia's board said on Sunday that it would independently investigate if Huang had been the target of a foreign intelligence effort, after the company's founder and CEO had a romantic relationship with an executive suspected of working for Chinese intelligence. Huang apologized in a letter to staff for being unfaithful to his wife. "I support the investigation and will cooperate fully," he said. Write to George Glover at george.glover@dowjones.com This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

NHTSA Opens Recall Query Into 2,895 Waymo Vehicles Over Continued Traffic Safety Violations Relating To Stopping When Encountering A School Bus. NHTSA: OPENS RECALL QUERY INTO 2,895 WAYMO VEHICLES OVER CONTINUED TRAFFIC SAFETY VIOLATIONS RELATING TO STOPPING WHEN ENCOUNTERING A SCHOOL BUS

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【最新内容：Evan @StockMKTNewz · 2026-11-09T10:44:50.000Z】 Oppenheimer upgraded $AMD stock up to Outperform from Market Perform with a $600 price target 【引用内容：TipRanks @TipRanks · 2026-11-09T09:49:13.000Z】 🔼 $AMD upgraded to Outperform from Perform at Oppenheimer Oppenheimer analyst Rick Schafer upgraded AMD to Outperform from Perform with a $600 price target. The company reported another bullish earnings report, the analyst tells investors in a research note. The firm says

GOLDMAN SACHS DEFENDS NVIDIA WITH $300 PRICE TARGET Goldman Sachs reiterates its Buy rating on Nvidia ($NVDA ) with a $300 price target, calling the stock's risk/reward attractive following the recent AI-sector selloff. Analyst James Schneider expects Nvidia's near-term fundamentals to exceed Wall Street estimates, with shares trading at approximately 11 times projected 2027 earnings. Key investor concerns include data-center power availability through 2028, AI infrastructure financing and the sustainability of AI demand.

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Finance Magnates Awards 2026: Forex Brokers and Prop Firm Winners [链接预览] Finance Magnates Awards 2026: Forex Brokers & Prop Firm Winners

Wall St futures rise after rough week, but Nvidia unsettles investors. US stock index futures attempted a recovery on Monday as investors hunted for bargains following a steep slide in equities last week, while awaiting more clarity on the controversy surrounding Nvidia CEO Jensen Huang. The gains kick off a pivotal week expected to offer some insight into whether last week's selloff post the midterms went too far or was warranted. But despite the relatively calm start, several concerns were converging under the surface, analysts warned. Shares of Nvidia NVDA , the second most valuable company in the world, fell 4.5% premarket after an internal investigation into whether CEO Huang had been targeted by a foreign intelligence effort raised questions about his future at the AI chipmaker. "Given Huang's central role in Nvidia's success and the wider AI investment narrative, even speculation about leadership uncertainty could unsettle investors," said Daniela Hathorn, senior market analyst at Capital.com. Additionally, questions about the sustainability of the AI boom lingered following the Democrats' midterm triumph last week, and fears of a December rate hike also persisted following October's stronger-than-expected jobs data. At 5:10 a.m. ET, Dow E-minis (YMcv1) were up 376 points, or 0.73%, S&P 500 E-minis (EScv1) rose 29.75 points, or 0.40%, and Nasdaq 100 E-minis NQ1! added 56.5 points, or 0.21%. While "bargain hunting" was driving a recovery, "the modest gains in Nasdaq futures compared with the stronger advance in Dow futures suggest that investors remain selective," said Naeem Aslam, chief investment officer at Zaye Capital Markets. CHIPS SUBDUED, MARKETS AWAIT EARNINGS Shares of some chipmakers fell premarket, with Intel INTC , Marvell Technology MRVL and Qualcomm QCOM down between 0.50% and 1.21%. The Philadelphia Semiconductor Index SOX ended Friday with its biggest weekly loss since March 2025. "The AI correction in equities could have much further to run," wrote Thomas Mathews, head of markets for Asia Pacific at Capital Economics. "One further risk would be any concrete sign that the hyperscalers were paring back capital expenditures," he added. Microsoft MSFT , Alphabet GOOG and META META were up less than 1% each, suggesting investors were hesitant to take big positions. Earnings are due on Monday from investment giant KKR (KKR.O) and Constellation Energy CEG , an energy firm with exposure to the AI boom. KKR was up 3.7% ahead of the results, while Constellation was flat. Of the 335 companies in the S&P 500 that reported earnings as of Thursday, 82.4% beat estimates, according to Tajinder Dhillon, head of earnings and equity research at LSEG Data and Analytics.

What to Know About Nvidia's Investigation After CEO's Affair — WSJ. By Amrith Ramkumar Nvidia's board of directors is probing whether CEO Jensen Huang was the target of a foreign espionage effort after he had an intimate relationship with an industry executive suspected of working for Chinese intelligence. Here is what to know about the investigation and Alice Huang, then a top executive at Megaspeed International. What is Nvidia's board investigating? The company's board is probing whether Jensen Huang shared sensitive national-security or Nvidia information with Alice Huang. Given Jensen Huang's close relationship with President Trump and the sensitive nature of the technology underpinning Nvidia's artificial-intelligence chips, valuable information reaching Chinese leaders is a concern to U.S. national-security officials. The board said it "has no reason to believe that either national security or Nvidia secrets were compromised" and will examine all available information. What is Megaspeed? The Singapore-based company builds data centers in southeast Asia and was spun off from a Chinese company in 2023. It is among a host of companies in Asia that have established partnerships with the chip maker, promising to use its chips in data centers and rent that computing capacity to customers. Officials from U.S. agencies, including the Commerce Department and Justice Department, have investigated Megaspeed and its potential ties to the Chinese government for more than a year, according to people familiar with the situation. Megaspeed couldn't immediately be reached for comment. The company has previously said it is a "compliant and legitimate company." What was known previously about their relationship? Alice Huang and Nvidia's CEO were photographed together in Taipei in 2024 and 2025. Alice Huang also goes by Huang Le and isn't related to the Nvidia CEO. Last year, U.S. intelligence officials concluded that she was sharing information with the Chinese government while working with Nvidia to build data centers in Asia. Authorities in Singapore, where Megaspeed is based, and in Taiwan suspected that she was recruited by Chinese intelligence services after they learned of what they saw as a close relationship between her and the Nvidia chief. Nvidia previously said Jensen Huang's interactions with Alice Huang were "not unusual or unexpected" given their business ties. Were Jensen Huang and Alice Huang having an intimate relationship? Yes. The Nvidia CEO confirmed in a Sunday note to staff that he had an extramarital affair and apologized for being unfaithful to his wife, to whom he has been married for more than 40 years. The close nature of the relationship is relevant as the board tries to figure out whether Jensen Huang shared any sensitive information with Alice Huang. What does the affair have to do with selling chips? Intelligence officials suspected Jensen Huang of having an affair with Alice Huang at the same time that the Nvidia CEO was lobbying Trump to allow the company to export chips to China and all over the world. Jensen Huang made a push to export powerful Nvidia chips directly to China late last year before a meeting between Trump and China's Xi Jinping in South Korea, an effort that was eventually nixed by Secretary of State Marco Rubio and other officials. Trump eventually agreed to let Nvidia export a less powerful product to China in exchange for the government getting a 25% cut of the sales. China hasn't imported the chip in large quantities while it attempts to boost its domestic semiconductor industry. Nvidia has also become a leading maker of open-weight AI models that let the user customize them and regularly talks to the Trump administration about sensitive AI policy matters. Jensen Huang has walked a tightrope between the world's two leading economies and praised China's technical talent. What has the Trump administration said? Asked Sunday if Huang should stay on as Nvidia CEO, Trump said on Fox News, "I think so, oh yeah, sure," adding that "he's an honorable guy. I think he probably has an excuse for it." Trump said he hadn't spoken with Huang about the matter. "He's done an amazing job for our country," Trump said. The president and Huang have previously said they talk frequently about AI policy and other matters. Asked if Trump wished that he had acted on intelligence when he was briefed, the president said no. Who is Jensen Huang's wife and who are his kids? Huang has been married to wife Lori Huang since 1985. Lori is president and a board member of a charitable foundation that she and her husband co-founded in 2007 and that has roughly $9 billion in assets, much of it in Nvidia stock. Their two children, daughter Madison and son Spencer, work for Nvidia, as does Madison's new husband, Nico Caprez. Spencer works in Nvidia's robotics group while Madison works on Omniverse, a software division. Caprez is among the executives in charge of Nvidia's relationships with up-and-coming cloud-computing providers and its strategy of providing financial guarantees to customers. Where is Alice Huang now? It couldn't be determined where Huang is now or whether she still holds a top role at Megaspeed. In late 2024, as authorities started to surveil her, she disappeared into China for a period, The Wall Street Journal has reported. Attempts to reach her for comment were unsuccessful. Write to Amrith Ramkumar at amrith.ramkumar@wsj.com

US opens probe into 2,895 Waymo vehicles over school bus safety violations. The US National Highway Traffic Safety Administration said on Monday it had opened a recall query into 2,895 vehicles operated by Alphabet's GOOG self-driving unit Waymo over continued traffic safety violations involving the vehicles' behavior when encountering school buses.

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Advanced Micro Devices Raised to Outperform From Perform by Oppenheimer. Ratings actions from Benzinga: https://www.benzinga.com/quote/AMD/analyst-ratings

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Nvidia CEO Investigation Could Imperil Tech Sector Recovery — Market Talk. An investigation into reports that Chief Executive Jensen Huang had a romantic relationship with a suspected Chinese spy could threaten the rebound in some tech sector stocks, Capital.com's Daniela Hathorn says in a note. "Given Huang's central role in Nvidia's success and the wider AI investment narrative, even speculation about leadership uncertainty could unsettle investors." (miriam.mukuru@wsj.com)

Nvidia on Track to Lose More Than $230 Billion in Market Value — Market Talk. Nvidia is on course to lose around $232 billion in market value on Monday after the company's board said it is launching an investigation into CEO Jensen Huang. The board is probing a romantic relationship Huang had with an executive suspected of working for Chinese intelligence. The company said it has no reason to believe either the company's secrets or national security were compromised, and expressed confidence in the CEO's leadership. Shares in the world's most valuable company fell by around 5.15% in volatile premarket trade. Nvidia stock is down around 26% from the stock's October peak, with shares on track for their worst year since 2022. (josephmichael.stonor@wsj.com)

Oppenheimer upgrades Advanced Micro Devices to Outperform from Perform, sets price target at $600. Oppenheimer upgraded Advanced Micro Devices to Outperform from Perform and set a price target of $600. The price target implies an upside of 33.6% from the Nov 6 close of $449.04. Recent analyst actions on Advanced Micro Devices Date Firm Action Rating Price target Nov 4 UBS Maintains Buy $700 Nov 4 JP Morgan Maintains Neutral $575 Nov 4 Morgan Stanley Maintains Equal-Weight $550 Nov 4 Piper Sandler Maintains Overweight $650 Nov 4 Wells Fargo Maintains Overweight $650 Across the five most recent analyst notes published on Advanced Micro Devices over the past 30 days, price targets range from $550 to $700. Explore more price target data and ratings for Advanced Micro Devices on the Forecasts tab , and track all previous and future analyst recommendations in the dedicated News Flow .

GE Vernova To Supply 3 Wind Turbines For German Wind Farm. WASHINGTON (dpa-AFX) - Energy equipment maker GE Vernova Inc. (GEV) announced on Monday that it has signed an agreement with German utility Stadtwerke Heidenheim AG to supply three onshore wind turbines for the Schlotberg-Jöchsen wind farm in Germany. The company said the order includes three 5.5 MW-158m onshore wind turbines and a 20-year service agreement. GE Vernova said the project marks its sixth collaboration with Stadtwerke Heidenheim and will increase the utility's installed fleet of GE Vernova turbines in Germany to 74 megawatts of capacity. The company said deliveries are scheduled to begin in August 2027, with commissioning expected in December 2027. Shares of GE Vernova rose 0.24% to $775.99 in premarket trading after ending Friday's session up 0.47%. Copyright(c) 2026 RTTNews.com. All Rights Reserved Copyright RTT News/dpa-AFX

Nvidia CEO Jensen Huang Might Temporarily Step Down, AJ Bell Says — Market Talk. Nvidia CEO Jensen Huang might temporarily step aside while the board investigates his affair with an industry executive suspected of working for Chinese intelligence, AJ Bell's Dan Coatsworth writes. Huang may also decide to step down if he believes the incident has tarnished the company's reputation, or the board may decide he has to go, Coatsworth adds. "Nvidia chief executive Jensen Huang is in a precarious position, and the dial on his situation currently sits at 'highest risk'," Coatsworth says. Shares are down 4.9% in premarket trading. (ian.walker@wsj.com)

Nvidia's Stock Falls 5%. What That Tells Us About Jensen Huang's Future. — Barrons.com. By Adam Clark Nvidia CEO Jensen Huang faces a huge test of his position following news he had a romantic relationship with an executive suspected of working for Chinese intelligence. The stock reaction suggests the market thinks he will hang onto his position. Nvidia shares were down 4.9% at $177.53 in premarket trading. The stock has dropped 18% in the past month and is on pace for its worst year since 2022. The premarket drop is a significant move but less than might be expected if the market was assuming Huang — who founded Nvidia and has shaped its culture- was on his way out. However, Huang now faces an independent company investigation and is also likely to face questions from Congress. While he will remain Nvidia CEO in the meantime and has said he remains "fully committed" to the company, that will inevitably create uncertainty over the stock for weeks and probably months to come. Huang is relatively vulnerable as tech bosses go, as Nvidia doesn't have the type of dual-class stock which gives other CEOs such as Meta Platforms' Mark Zuckerberg or SpaceX's Elon Musk outsized voting power at their companies. Huang holds a 3.4% stake in Nvidia, according to FactSet. That means the board or investors could push him out. The findings of the independent investigation would have to be exceptionally damning to justify ousting Huang. There is no clear successor within Nvidia, with Huang having publicly dismissed the idea of succession planning and having an unusually wide range of direct reports under him. Forcing Huang out would also risk a wider panic across the artificial-intelligence sector, with Nvidia acting as major investor and lender to multiple AI companies - a strategy that could come under question with a new CEO. Huang has received early public support from figures including President Donald Trump, who when asked by reporters said he should stay and "he's an honorable guy", as well as Musk and billionaire investor Bill Ackman. But being close to Trump might not be much of a boon for Huang, after Democrats took control of Congress in the midterm elections with plans to investigate the administration's relations with the tech sector. Assuming Huang does survive as Nvidia CEO, he is likely to have to at least rein in his role as spokesperson for the AI boom and proponent of looser controls on chip exports. And that's another blow for the AI trade as a whole at a time when it was already looking shaky. Write to Adam Clark at adam.clark@barrons.com This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

Morgan Stanley Asks Who's Afraid Of The Big Blue Wave? [链接预览] zerohedge.com Morgan Stanley Asks Who's Afraid Of The Big Blue Wave? "Whether we’re seeing a real turn in the cycle, or nearing a clearing event for key uncertainties, remains the central question..."

$SPCX - STIFEL REITERATES BUY ON SPACEX WITH $190 PRICE TARGET Stifel maintains its Buy rating on SpaceX, arguing that tighter US data-center permitting could create new opportunities. With $40 billion in committed GPU financing, SpaceX could acquire stalled AI infrastructure projects with secured power access. The firm also sees growing potential for orbital computing, while Qualcomm's selection as a radio supplier strengthens SpaceX's mobile-network ambitions.

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Nvidia Shares Drop as Board Launches Probe — 2nd Update. By Jiahui Huang Nvidia shares fell premarket as investors assessed the consequences of investigations into Chief Executive Jensen Huang's affair with an industry executive suspected of working for Chinese intelligence. The decline came as Nvidia's board said it is launching a probe into reports that its chief executive has been the target of a foreign espionage effort. U.S. officials last year concluded that Chinese citizen Alice Huang, then a top executive at Megaspeed International, was sharing information with the Chinese government while working with Nvidia to build data centers in Asia, The Wall Street Journal reported earlier. Huang, who also goes by Huang Le, isn't related to the Nvidia CEO. Jensen Huang apologized to his staff Sunday for being unfaithful to his wife. The company's board on Sunday said it has no reason to believe either Nvidia's secrets or national security were compromised and expressed confidence in the CEO's leadership. A committee of independent directors helped by outside counsel will oversee the probe, the board said in a statement, and the "inquiry will examine all available information." China's Foreign Ministry rejected the allegations of spying, saying Monday that claims the woman named in the Nvidia CEO's affair has ties to Chinese intelligence are "unfounded." Analysts said that, at a minimum, the investigation would spark congressional inquiries and create an overhang on the stock. Jensen Huang will likely continue as CEO without interruption in the near term, analysts at Yorkville Ives said. However, they noted the possibility of him being removed from his role depending on the board investigation. "This will add risk to the stock, as he is so important to the Nvidia story and strategy globally," Dan Ives and others wrote in a note. On a broader level, the matter will increase U.S. scrutiny of the sale of chips to China, which remains a key battleground issue in Washington, the analysts said. Jukan Choe of Citrini Research echoed the sentiment, noting Jensen Huang's outsize influence over Nvidia and the company's lack of an obvious successor. Nvidia's ability to retain a startup-like culture despite its size has been largely driven by its co-founder, Choe said. Concerns may emerge that innovation could slow if his leadership is weakened, he added. Shares in the AI chip leader were recently 5.4% lower in premarket trading Monday. Shares in Nvidia, roughly flat so far this year, are off about 22% from their peak in October. Semiconductor stocks sold off last week as the Democrats' midterm election victory supercharged anxieties over an artificial-intelligence trade that had been building for weeks. Sherry Qin contributed to the article. Write to Jiahui Huang at jiahui.huang@wsj.com

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