Gold price today trades near $4,015 after Thursday’s sell-off, with the $4,000 level, Treasury yields and October Fed meeting in focus.
The Nasdaq fell 2.6% in its worst session since June as AI spending concerns weighed on tech stocks. The S&P 500 declined while the Dow held steady.
Meta stock sinks 7% despite record $64.6 billion revenue as surging AI spending, negative free cash flow and dilution concerns unsettle investors.
Moderna shares fell 17.6% after leaked melanoma vaccine data showed a 42% reduction in recurrence or death risk. ESMO and Q3 earnings are next.
US PMI and consumer sentiment data arrive as Brent trades above $113, testing whether strong growth and rising inflation expectations revive Fed rate-hike bets.
Super Micro stock rose 9.6% as stronger preliminary revenue and margins lifted AI hardware sentiment, with Dell, HPE, Nvidia and AMD also gaining.
Meta stock rises after record Q3 revenue of $64.6 billion beats forecasts, as strong advertising growth offsets surging AI spending and negative free cash flow.
Oil price today rises above $110 as attacks on Saudi infrastructure and shipping near the Strait of Hormuz revive global supply and inflation fears.
EUR/USD edges higher near 1.1240 as French bond stress and weaker German sentiment limit gains ahead of the October Fed and ECB decisions.
USD/JPY steadies near 158.13 as Japan’s trade deficit widens and traders weigh Fed policy uncertainty against a possible December BoJ rate increase.
Netflix stock fell nearly 6% after hours as weak Q4 guidance and a lower advertising revenue outlook overshadowed its third-quarter earnings beat.
Japan and South Korea stocks rebound as Samsung, SK Hynix and Kioxia advance, while Supermicro’s update supports sentiment toward AI demand.
SpaceX stock jumps 7.5% after Q3 revenue rises 161% to $14.6 billion, AI sales surge 830% and net profit reaches $4.4 billion.
Anthropic’s AI infrastructure commitments could reach $750 billion as its IPO filing reveals soaring revenue, heavy losses and rising debt risks.
Gold price today trades near $4,118 as oil volatility and inflation risks keep Fed policy in focus ahead of the October 27–28 meeting.
Gold price today: Spot gold trades near $4,136 as elevated bond yields weigh on bullion and investors reassess the Federal Reserve’s rate outlook.
Sandisk stock rebounded 5.53% as memory shares recovered. Analyst support and the October 29 earnings report put NAND demand and margins in focus.
SpaceX reports Q3 earnings on October 20 as investors assess AI revenue, Starlink growth, capital spending and its potential first post-IPO profit.
Bitcoin holds near $82,000 below $84,000 resistance as traders assess ETF outflows, $80,500 support and the October Fed decision.
USD/JPY consolidates near 158 as intervention concerns cap gains and Fed hike bets ease. BOJ expectations and US PMI data are the next catalysts.
