Mag 7 technicals: only Nvidia holds a record high as others stall at resistance
Both Nasdaq indexes hit record highs, but only Nvidia of the Magnificent Seven followed. Here are the support and resistance levels defining the rest of the group.
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Nvidia nears record high as AI chip depreciation debate with Burry heats up
Nvidia climbed toward a record high on October 2 as the chipmaker fired back at Michael Burry's claims about AI chip depreciation, winning the argument so far with data on chip rental values and longer server lifespans.
Cerebras stock: Freedom Capital Markets upgrades to Buy after slump
Freedom Capital Markets upgraded Cerebras to Buy from Hold after the AI chipmaker's latest slide. The SemiAnalysis report on OpenAI's hardware choices is behind the drop — and neither company has confirmed it.
France proposes 50-million-barrel diesel release as Brent slips below $100
Brent dropped 2.8% below $100 and WTI lost 3.6% to $89.52 on Friday as EU governments discussed a French plan for a 50-million-barrel diesel draw from emergency reserves, with gasoil futures tumbling over 5%.
Rivian deliveries hit record as R2 SUV drives quarterly beat
Rivian set a fresh delivery record in the third quarter, beating analyst estimates as its cheaper R2 SUV gains momentum.
FTSE 100 climbs as Brent slips below $100 and miners lead the rebound
The FTSE 100 bounced back from a four-day losing streak as Brent crude slipped to $99.90 and softer bond yields lifted London equities, with miners and JD Wetherspoon leading the advance.
Dollar uptrend meets 29K NFP shock — BBH's bull case tested
BBH's dollar-uptrend call met a stiff test as September payrolls printed at just 29K vs 90K expected — denting the case for further Fed tightening the bank had backed.
Gold holds near record highs as haven demand outweighs hawkish Fed
Gold holds near all-time highs on haven demand and central-bank buying even as the Fed stays hawkish — and September's weak 29K payrolls print just eased the tightening threat.
Hong Kong stocks suffer worst day since March as yields spike
The Hang Seng slid as much as 3% — its biggest drop since March — leading Asian losses as surging US yields and China stimulus disappointment hit financials.
IG Group shares crash 27% as weak Q3 forces 2026 guidance cut
IG Group shares plunged more than 27% after the trading platform cut its 2026 revenue outlook, with Q3 revenue down 14% on weak OTC derivatives retention.
September NFP shocks at 29K vs 90K expected — Fed hike bets collapse
September payrolls printed at just 29,000 — far below the 90,000 consensus — reshaping bets on the Fed's October rate decision and the dollar's path.
WTI crude slips below $91 as Gulf supply recovery offsets Iran tensions
WTI fell below $91 on Friday as JP Morgan data showed Gulf oil flows nearly back to pre-war levels, though a US carrier deployment and a Hormuz tanker attack cap the downside.