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Midterm US elections, earnings, jobs data loom for AI-wary stock market

NEW YORK, Oct 30 (Reuters) - US midterm elections, a heavy ⁠slate of corporate earnings and the monthly jobs report will further test stock investors next week, after a series of setbacks for the market-leading AI trade.

The Star MalaysiaLewis Krauskopf查看原文 ↗
美国中期选举、盈利和就业数据即将公布,令对人工智能持谨慎态度的股市感到担忧。

Signs are pictured on a building wall ahead of the November 3rd US midterm elections in downtown Dallas, Texas, US, October 29, 2026. REUTERS/Mike Segar

NEW YORK, Oct 30 (Reuters) - US midterm elections, a heavy ⁠slate of corporate earnings and the monthly jobs report will further test stock investors next week, after a series of setbacks for the market-leading AI trade.

The latest AI ⁠turbulence stemmed from disappointing quarterly results ofAlphabet and Amazon , two hyperscalers spending massively on data centers, while shares of semiconductor company Intel tumbled nearly 29% on Friday ‌following its report.

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