Technology stocks suffered another sharp selloff on November 5, 2026, as investors questioned the economics of the AI infrastructure boom and the pace at which new data centers can actually be built.The Nasdaq was down 3.09% at 9:57 a.m. Eastern, according to Reuters, putting the index on course for correction territory. Semiconductor stocks led the retreat, with the sector … [Read more...] about Why Tech Stocks Are in Free Fall, AI Spending Fears and the November 5 Selloff
Reports
Semicap Pulse Reads 48.5 Steady as Chip Equipment Stocks Slump While Orders and Exports Run Hot
The Semicap Pulse reads 48.5, Steady, for the week ending October 30. That middle reading hides a split. Chip equipment shares just had their worst four weeks since the price history behind the gauge begins in late 2024, while the order books and export numbers behind them are running close to the top of the scale. Investors are selling the stocks. The customers are still … [Read more...] about Semicap Pulse Reads 48.5 Steady as Chip Equipment Stocks Slump While Orders and Exports Run Hot
Memory Cycle Gauge Reads 82 Shortage as Micron Stock Breaks Trend While Supply Stays Sold Out
The Memory Cycle Gauge reads 82.0 for October 2026, in the Shortage zone. It reached 98.4 in September, the highest reading of the year, and every month of 2026 has landed in Shortage. The October drop comes from one place. Micron's share price fell back below its six-month trend while Korean chip exports, Micron's margins and the supply language from the memory makers all … [Read more...] about Memory Cycle Gauge Reads 82 Shortage as Micron Stock Breaks Trend While Supply Stays Sold Out
AI Market Analyzer Falls to 31.8 Cooling as Price Gauges Hit AI Winter and Leverage Stays Greedy
The AI Market Analyzer closed the week of October 30 at 31.8, in the Cooling zone. Five weeks ago it read 70.3 and was climbing toward AI Mania. The collapse came in two weeks of October, and the latest week barely moved, which tells you the selling has paused without any repair. The inputs have split in two. Everything measured from prices sits at or near the floor of the … [Read more...] about AI Market Analyzer Falls to 31.8 Cooling as Price Gauges Hit AI Winter and Leverage Stays Greedy
AI Capex Tracker November 2026, Hyperscalers Spend $237 Billion in One Quarter as Free Cash Flow Turns Negative
This is the first monthly AI Capex Tracker on MarketAnalysis.com: one page, refreshed each month, showing what the largest AI infrastructure buyers spent, what they say they will spend, how they pay for it, and where the money ends up. The September quarter closed the books on a simple number. Amazon, Alphabet, Microsoft, Meta and Oracle put $237.3 billion into capital spending … [Read more...] about AI Capex Tracker November 2026, Hyperscalers Spend $237 Billion in One Quarter as Free Cash Flow Turns Negative
The Collingridge Dilemma
The Collingridge dilemma is a problem of timing. David Collingridge, who worked at the Technology Policy Unit of the University of Aston in Birmingham, set it out in his 1980 book The Social Control of Technology. His point was blunt. When a technology is young, it's cheap to steer, but nobody knows enough to steer it well. By the time its effects are plain, it has wound itself … [Read more...] about The Collingridge Dilemma
The Sum of All Fears Hits Markets as Gold Sinks to One-Year Low and Silver Slips Below $50
Gold fell to its lowest level in more than a year on Friday, October 30, and silver dropped below $50 an ounce for the first time since November 2025. Spot gold lost as much as 3.5% on the session and traded near $3,881 in the afternoon. Silver gave up around 6.5% and touched $49. Platinum hit a 13-month low at about $1,425, and palladium slipped under $1,000 for the first time … [Read more...] about The Sum of All Fears Hits Markets as Gold Sinks to One-Year Low and Silver Slips Below $50
IBM Will Never Be the Company It Used to Be
IBM will never again be the company that defined the direction of computing for much of the corporate world. That is my judgment about its place in the industry, rather than a prediction that its business will disappear. IBM can remain useful, profitable and deeply embedded in its customers' operations. Recovering the authority of the old IBM would require something much … [Read more...] about IBM Will Never Be the Company It Used to Be
Alphabet Q3 2026 Earnings and the 12% Search Growth That Matters More Than the SpaceX Miss
Alphabet lost about 12% on Thursday, trading near $285 against Wednesday's $324.89 close, and roughly $490 billion of market value went with it in one session. The headline was diluted EPS of $2.12 against a $3.02 consensus. Most of that gap is SpaceX. Alphabet holds about 551 million SpaceX shares, SpaceX fell from $170.86 to $150.86 over the quarter, and the net loss on … [Read more...] about Alphabet Q3 2026 Earnings and the 12% Search Growth That Matters More Than the SpaceX Miss
Marvell Falls 8% on Lumentum Takeover Talks Because the Deal Can Only Be Paid in Stock
Marvell Technology fell 7.7% in after-hours trading on Wednesday, to $232.39 from a $251.65 close, after Bloomberg reported the chipmaker is in advanced talks to buy Lumentum Holdings. Lumentum went the other way, up about 10% to roughly $1,008 from $913.95. Neither company has confirmed anything. No price, premium or payment mix has been reported. An announcement could come as … [Read more...] about Marvell Falls 8% on Lumentum Takeover Talks Because the Deal Can Only Be Paid in Stock
