Markets confronted an AI-spending reality check as Alphabet, Amazon, and Intel suffered sharp selloffs triggered by negative free cash flow, revenue misses and heavy capex plans despite delivering strong cloud or AI growth. The Fed held rates steady amid stronger-than-expected growth and firm inflation, while elevated oil prices and geopolitical risks kept caution alive. Attention now turns to US midterms, the October jobs report, and further central-bank decisions.
- November 2, 2026
Weekly Newsletter – 30th October, 2026
- November 12, 2026
Weekly Newsletter – 6th November, 2026
Markets welcomed the Democratic sweep of Congress with an initial relief rally, as lower yields, a softer dollar,…
- October 26, 2026
Weekly Newsletter – 23rd October, 2026
Doubts over the payoff from massive AI spending triggered a sharp tech selloff, with Meta’s negative free cash…
- October 19, 2026
Weekly Newsletter – 16th October, 2026
Hot inflation and surging oil have revived expectations of a Fed rate hike, pushing the 10-year Treasury yield…