Stocks Drop After Post-Election Rally… And The Future Of The AI Trade 11/5/26

Stocks selling off on Wall Street and reversing yesterday’s post-election gains. Tech and AI leading the declines and dragging the Nasdaq into correction territory, but China markets brushing off the U.S. losses and extending yesterday’s rally. How the traders are setting up for tomorrow’s session, and what today’s moves mean for the AI trade as we know it. Plus, more after-hours action as Airbnb and Lyft deliver their earnings reports, a check on the cost-conscious consumer ahead of the holidays, and why a top crypto expert is still bullish on bitcoin despite today’s broad market declines.     Fast Money Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks ripping higher after the midterm election brought with it Democratic majority to both the House and the Senate. The areas of the market seeing the biggest boost post-election, and why a top market strategist says the Midterms didn’t erase the inflation problem. Plus, the rally extends across the world, Qualcomm delivers its earnings report, and the moves in health care and pharma after the election; what a top sector analyst makes of the moves in Novo after earnings, and the drop in CVS as the company eyes a breakup. Fast Money Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Apple the latest megacap tech stock to get tripped up after reporting results, as CEO John Ternus flags higher memory prices and the impact its having on company margins.Plus, how the midterms elections will impact markets, Disney’s latest round of layoffs, and AMD reports earnings; the details from the report, and analyst reaction to the quarter. Fast Money Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Apple delivering its first earnings report under CEO John Ternus. The details from the quarter as iPhone sales come into focus, and what Deepwater’s Gene Munster makes of the tech giant’s results. Plus, more after-hours action in Palantir, Visa and Mastercard hit record highs, and the data center debate takes center stage as Americans head to the polls tomorrow; how the AI infrastructure stocks will fare after election day. Fast Money Disclaimerart. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Kalshi and Polymarket are the major online prediction markets where people bet on future events, everything from election results to who will win the 2027 NBA Championship. But do those bets influence election results? And how are the companies protecting gamblers from manipulating the market? CNBC’s investigation team explores. Disclosure: CNBC has a commercial partnership with Kalshi and uses the company’s market data across its broadcast and digital platforms. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks selling off on Wall Street, with tech and AI leading the declines as investors rotate into more defensive parts of the market. How the traders are handling the drops in the Mag7, Semis, and Memory stocks, and if there’s more pain ahead. Plus, the biggest crypto theft ever, some bright spots in spots in the sea of red, and what the Chartmaster sees in store for bombed out names like Alphabet, ServiceNow, and Caterpillar. Fast Money Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

A busy week of earnings continues, with Amazon reporting results, and Intel, Sandisk, and Starbucks all delivering quarterly earnings. How the Fast Money traders are handling all the moves, and what tech analyst Gene Munster sees in store for the tech trade. Plus, Caterpillar’s results hit shares, pharma names in focus, and Alphabet’s rough day; how the tech giant’s earnings miss reflects first real sign that AI is taking a bite out of search. Fast Money Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Fast Money breaks down Alphabet’s after-hours selloff on search weakness and AI cannibalization concerns, Microsoft’s Azure-led earnings beat, and fresh read-throughs from ServiceNow, FedEx, Chipotle and the Fed. The key takeaway: investors rewarded visible cloud growth and spending discipline while punishing uncertainty around AI monetization, capex and the durability of core businesses.Fast Money Disclaimer  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks posting back-to-back gains, as tech and AI stocks lead the charge higher. So is the bull market back on track as earnings season kicks into high gear, or is the rebound only temporary? Plus, Boeing’s drop after reporting results, the options setup on key names reporting this week, and the Fed on deck; what the street is expecting ahead of tomorrow’s rate decision, and what Chairman Kevin Warsh may signal for future rate policy. Fast Money Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

AI giant Anthropic advancing its plans to go public, with a new filing showing massive revenue growth -- in addition to massive capex plans. The traders talk the AI capital rush and what to expect heading into another key tech earnings week. Then, Societe Generale’s Subadra Rajappa lays out her expectations for the next Fed decision out Wednesday and why she thinks the 10-year Treasury yield looks attractive at current levels. Plus, Brazil’s post-election bust, more Instacart takeover talk and why guest trader Katie Stockton thinks Costco is poised to break out. Fast Money Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.