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VIX plunges post-midterms; Qualcomm shares drop 10% on mixed outlook; data center builds face political hurdles.

Market News
05 Nov 2026, 14:47 WIB
Seeking Alpha
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Bearish
VIX plunges post-midterms; Qualcomm shares drop 10% on mixed outlook; data center builds face political hurdles.

The VIX Volatility Index saw its largest one-day drop since April 2025, falling over 20% as Wall Street calmed after midterm elections. Qualcomm shares fell about 10% premarket due to mixed fiscal Q4 results and a Q1 earnings forecast slightly below expectations. Political changes after Democratic wins may complicate U.S. data center expansion, prompting major tech companies to consider building internationally. OpenAI announced new transparency and community commitments for its data center projects to address regulatory concerns.

Qualcomm's market cap stands at $184.94 billion with a dividend yield of 2.12%, while its shares have fallen 10.46% on Pluang as of Nov 05, 2026 20:01 WIB. The stock's volume reached 21,499,963, and the typical hold time on Pluang is 89 days. This trading activity coincides with the post-election market calm and significant VIX volatility drop discussed in the news.

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