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Nasdaq Fell Nearly 3% as Intel Plunged Over 28%; Gold Hit a One-Year Low

Grade Sbearish AI signal$NAS100$SPX500$XAU
The Nasdaq fell nearly 3% last Friday, while Intel plunged more than 28% and gold hit a one-year low. The moves came as risk assets faced pressure from hawkish Federal Reserve signals, technology-sector weakness and concerns over financing, valuations and rates. Fed official Logan said she expects at least two more rate hikes, while Musalem called for action soon. The market backdrop also includes scrutiny of AI financing: OpenAI cut its latest funding target by $10 billion and is seeking about $20 billion at a $1.25 trillion valuation. Amazon opened an additional financing facility of as much as $80 billion to support AI expansion, against $883 billion in future spending commitments. Apple’s market value surpassed Nvidia’s, and Apple said Apple Intelligence connected to Alibaba’s Qwen will open for testing on November 4, with a planned China launch in December. Oil has risen for four consecutive months.

Bullish strength: 28/100

  • Chinese regulators signal support for markets and stable expectations

Bearish strength: 72/100

  • Nasdaq falls nearly 3%, risk asset sentiment weakens markedly
  • Hawkish Fed officials and rate pressure weigh on valuations

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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