News
China Q3 GDP beats expectations, tech stocks drop
The report highlights a modest rise in futures after a volatile AI week, noting a 4.5% drop in tech stocks and a potential buying opportunity per Dan Ives. BTIG warns of semiconductor exposure. CBOE Volatility Index hits June highs. China Q3 GDP beats expectations, though memory chipmaker CXMT falls. CoreWeave and Nebius see modest gains after steep declines. Earnings season continues with 85% of S&P 500 beat expectations. Geopolitical news includes a suggested summit between Putin, Trump, and Xi, oil price impacts, and unrest in France affecting bonds. The piece ends with a feature on AI wearables used by a Pittsburgh entrepreneur.