This week saw significant declines in AI infrastructure stocks, with neocloud companies like CoreWeave and Nebius dropping over 30% in October. Credit default swap spreads for major tech firms Meta, Nvidia, and Oracle hit record highs, signaling increased credit risk concerns. SK Hynix withdrew its planned IPO for its Solidigm unit due to market volatility. Despite strong AI demand, skepticism about returns and rising costs is causing investor caution, while major tech companies continue heavy investment in AI infrastructure.
Following the recent turmoil in AI infrastructure and neocloud sectors, major tech stocks show mixed movements on Pluang as of Oct 24, 2026 05:01 WIB. Meta trades at USD 640.20, down 1.33% for the day, while Nvidia is slightly down 0.29% at USD 211.60. Oracle bucks the trend with a 0.65% gain, priced at USD 126.33. SK Hynix, despite withdrawing its Solidigm IPO, is up 4.35% at USD 137.42, reflecting some resilience in semiconductor stocks amid market volatility.
Meta reported strong earnings but saw a $135 billion market cap drop over concerns about AI investment costs, a $25 billion lawsuit, and tax issues. Despite these setbacks, Meta's AI assistant Muse could generate billions in revenue, leveraging its 3...
Meta Platforms delivered strong third-quarter results with over 26% year-on-year revenue growth and solid earnings. The company launched Muse AI, signaling a strategic shift toward agentic AI and workflow optimization, which may help diversify its bu...
AMD's stock has experienced sharp declines recently despite a 50% revenue increase and large AI accelerator commitments from major clients like OpenAI and Meta. The company’s Data Center segment, now 58% of revenue, grew 107% in Q2, with expectations...
Wall Street is pressuring AI companies Anthropic and OpenAI to proceed with their IPOs soon due to fears of a left-wing Democratic takeover of Congress after the November elections. Investors worry that Democratic Socialists could trigger prolonged h...
Meta has introduced a new class of non-voting stock, Class C, allowing shareholders ownership without voting rights. This move helps CEO Mark Zuckerberg maintain control while raising capital and paying for acquisitions, including AI investments. Imp...
