Investors Pause AI Selloff as Nasdaq Futures Edge Up
WSJ Minute Briefing

Investors Pause AI Selloff as Nasdaq Futures Edge Up

B2Upper-intermediateOctober 23, 20261 min
  • News bulletin
  • Business & money

Plus: Luxury stocks sink amid signs a long-awaited rebound hasn’t materialized. And oil prices rise as Iran threatens a wider retaliation to any U.S. escalation. Daniel Bach hosts. Sign up for WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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I'm Daniel Bock for The Wall Street Journal.

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That's despite global tech stocks struggling to mount a significant rally, as investors

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B2 · Upper-intermediate

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0:00

Here's your morning brief for Friday, October 23rd. I'm Daniel Bock for The Wall Street Journal. Investors are pausing the sell-off in AI stocks with NASDAQ futures in Shanghai. That's despite global tech stocks struggling to mount a significant rally, as investors

0:18

continue to assess the massive borrowing fueling the AI build-out. Case in point, South Korea's SK Hynix has whipsawed today, falling more than 4% and then rising by as much after the group called off a listing for its memory chip unit in the U.S. The world's second largest memory chip maker cited recent market conditions,

0:37

but said the move didn't reflect any change in the unit's growth prospects. One sector dragging on European markets this morning is luxury stocks, after carrying slid as much as 11 percent at the open. The owner of Gucci, Bottega Veneta, and other high-end labels saw sales slide in the third quarter, echoing a similarly negative earnings

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