Big Techs Mostly Fall. Broadcom Drops over 4%; Nvidia Sinks 3%; TSMC, AMD Down over 2%; Alphabet, Tesla Down over 1%

TradingKey - In the US stock market, Coherent (COHR), Lumentum (LITE), Credo Technology (CRDO), Applied Optoelectronics (AAOI), and Ciena (CIEN) are currently representative AI high-speed interconnect stocks.

When discussing artificial intelligence at the G20, Nvidia's (NVDA) CEO did not focus on GPUs or the latest chips, but instead presented a more foundational framework: the AI economy is like a "five-layer cake," with energy at the bottom layer, followed in order by chips, the land and data center infrastructure hosting the systems, models, and finally the data and applications that create commercial value.

SpaceX enters October with stronger Starship progress, fast Starlink growth and an expanding AI business, but enormous capital spending keeps execution risk high.

Dell enters October with a $95 billion AI-server backlog, stronger margins and a new Japan AI infrastructure partnership. Explore DELL’s fundamentals and key technical levels.

TradingKey - In the week ahead (October 5 to October 9), the Federal Reserve's policy path will remain the central focus of market trading. The U.S. will release the September ISM Services Index, August trade balance, consumer credit, initial jobless claims, and the preliminary October University of Michigan Consumer Sentiment Index. Meanwhile, the September FOMC meeting minutes, to be released on Wednesday, will offer investors further clues to gauge whether the Fed will continue raising interest rates in October.