Election Day Collides With AI-Driven Selloff

US midterm voting unfolds as the Nasdaq slides into correction, Iran strikes jolt oil markets, and mixed Big Tech earnings deepen doubts about AI capital spending.

Daily market report for Nov 3, 2026, with the industry groups and stocks behind each story.

• Semiconductors
• AI Infrastructure
• S&P 500
• Data Centers
• Hyperscalers
• Regional Bank
• Bitcoin
• Cryptocurrency Adjacent
• Refining
• Oil & Gas
• Gold
• Gold Mining
• Crude Oil
• Oil Tankers
• Chip Manufacturing
• Consumer Electronics
• Magnificent 7
• AI Software
• Government Contractor
• Artificial Intelligence
• Recent IPOs
• Venture Capital
• Fiber Optics
• QQQ – NASDAQ-100 (Invesco)
• SMH – Semiconductor (VanEck)
• AMD – Advanced Micro Devices Inc
• SPY – S&P 500 (SPDR)
• IWM – Russell 2000 (iShares)
• ORCL – Oracle Corporation
• VRT – Vertiv Holdings Co
• TLT – 20+ Year Treasury Bond (iShares)
• XHB – Homebuilders (S&P, SPDR)
• COIN – Coinbase Global Inc
• MSTR – MicroStrategy Incorporated
• IBIT – Bitcoin Trust (iShares)
• CVI – CVR Energy Inc
• MPC – Marathon Petroleum Corp
• GLD – Gold (SPDR)
• SLV – Silver Trust (iShares)
• XOM – Exxon Mobil Corp
• CVX – Chevron Corp
• FRO – Frontline Ltd
• INTC – Intel Corporation
• DELL – Dell Technologies Inc
• HPQ – HP Inc
• AAPL – Apple Inc.
• MU – Micron Technology Inc
• PLTR – Palantir Technologies Inc.
• PANW – Palo Alto Networks Inc
• AMZN – Amazon.com Inc
• GOOGL – Alphabet Inc Class A
• MSFT – Microsoft Corporation
• NVDA – NVIDIA Corporation
• MRVL – Marvell Technology Group Ltd
• LITE – Lumentum Holdings Inc
• COHR – Coherent Corp