Tech Stocks Advance Despite Apple Slide
WSJ Minute Briefing

Tech Stocks Advance Despite Apple Slide

B2Upper-intermediateNovember 3, 20261 min
  • News bulletin
  • Business & money

Plus: oil falls as Trump announces the end of military aid to Israel. And Palantir shares decline despite soaring quarterly profit. Alexis Moore hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. 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 Alexis Moore for The Wall Street Journal.

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The Dow was down 0.4%, the S&P 500 was up 0.4%, and the NASDAQ ended the day up 0.8%.

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  • B20:09
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B2 · Upper-intermediate

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A1 35%A2 47%B1 0%B2 18%C1 0%
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0:00

Here's your closing bell brief for Tuesday, November 3rd. I'm Alexis Moore for The Wall Street Journal. It was mostly a good day for stocks. The Dow was down 0.4%, the S&P 500 was up 0.4%, and the NASDAQ ended the day up 0.8%.

0:19

The NASDAQ's rally was consistent with recent performance on midterm election days. Oil prices fell after Trump announced that the U.S. plans to cut off military aid to Israel by the end of the year, Brent crude futures dropped 1.1% to $103.60 a barrel. Among individual companies, Apple shares dropped nearly 2% today as new CEO John Turnis warned

0:42

of weakening profit margins thanks to high memory costs. Speaking of memory, chip companies are up today. NVIDIA added 2.3%, Broadcom gained 3%, and shares of AMD rose 3.7%. Data analysis company Palantir reported soaring quarterly profit, but its shares lost 1.7%.

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