HK Stocks Extend Gains. HSTECH Jumps 2%. Xiaomi Gains 6%; MiniMax up over 4%; BYD Company, LeapMotor, Li Auto, Meituan, XPeng up Around 3%; Alibaba up over 2%

TradingKey - Microsoft stock forecast: MSFT pulls back from $546.35 resistance ahead of its October 28 earnings report, with Azure's 45% growth guide and capex in focus.

TradingKey - Alphabet stock forecast: GOOGL breaks below triangle support ahead of its October 28 report, as Cloud growth and capex decide whether $315.29 support holds.

On Friday, October 23, Eastern Time, U.S. stocks delivered a mixed performance as the sell-off previously concentrated in tech stocks spread to other sectors. Consumer and healthcare stocks moved lower, while some chip stocks rebounded. Amid market concerns over a potential re-escalation of the U.S.-Iran conflict, WTI crude oil prices rose above $100 per barrel. At the close, the Dow Jones Industrial Average fell 1.23% to 52,215.16 points; the Nasdaq Composite Index slipped 0.21% to 25,955.34 points; and the S&P 500 Index dropped 0.52% to 7,623.68 points.

On October 23, Eastern Time, cybersecurity stocks extended their recent gains, with Palo Alto Networks (PANW) rising 6.59%, Okta (OKTA) gaining 6.26%, Cloudflare (NET) climbing 6.02%, CrowdStrike (CRWD) advancing 6.00%, Datadog (DDOG) rising 5.00%, and Zscaler (ZS) gaining 4.93%.

TradingKey - Micron Technology (MU) launched a global quarterly profit-sharing plan, but the union at its Taoyuan plant in Taiwan still rejects the company's proposal.