SPDR Dow Jones Industrial Average ETF

SPDR S&P 500 ETF Trust

Invesco QQQ Trust Series 1

Berkshire Hathaway, Inc. is a holding company, which engages in the provision of property and casualty insurance and reinsurance, utilities and energy, freight rail transportation, finance, manufacturing, and retailing services. It operates through the following segments: Insurance, Burlington Northern Santa Fe, LLC (BNSF), Berkshire Hathaway Energy (BHE), Pilot Travel Centers (PTC), Manufacturing, McLane, and Service and Retailing. The Insurance segment includes the underwriting of GEICO, Berkshire Hathaway Primary Group, and Berkshire Hathaway Reinsurance Group. The BNSF segment involves the operation of railroad systems. The BHE segment focuses on regulated electric and gas utility, power generation and distribution, and real estate brokerage activities. The PTC segment consists of managing travel centers and marketing of wholesale fuel. The Manufacturing segment refers to industrial, consumer and building products, home building, and related financial services. The McLane segment covers the wholesale distribution of groceries and non-food items. The Service and Retailing segment relates to the provision of shared aircraft ownership programs, aviation pilot training, electronic components distribution, retailing businesses, automobile dealerships and trailer, and furniture leasing services. The company was founded by Oliver Chace in 1839 and is headquartered in Omaha, NE.

Berkshire Hathaway Inc. - Ordinary Shares - Class B

Berkshires latest quarterly results have focused attention on a sharp increase in share repurchases, while weaker insurance performanceparticularly at GEICOdrew concern. Traders are split over whether the buybacks signal confidence and support the shares or whether insurance weakness and limited capital deployment remain a drag.

Select Sector SPDR Trust (The) - State Street Financial Select Sector SPDR ETF

Financial Select Sector SPDR Fund

XLF is drawing attention after a sharp financial-sector pullback and put-heavy options activity, prompting debate over whether traders are hedging or positioning for further weakness. Bearish concerns include credit exposure and rate pressures, while others view the decline as profit-taking within a still-resilient sector trend.

Algorand (ALGO) is a cryptocurrency launched in 2019. Algorand has a current supply of 10,000,000,000 with 9,078,194,480.417637 in circulation. The last known price of Algorand is 0.09693394 USD and is up 3.39 over the last 24 hours. It is currently trading on 586 active market(s) with $57,858,585.39 traded over the last 24 hours. More information can be found at http://algorand.foundation.

Algorand

ALGO is drawing attention amid weak, volatile price action around the 910-cent area, with traders debating whether it can hold support and break resistance or continue lower. Bulls point to a possible altcoin rebound and Algorands quantum-resistant and tokenization features, while bears cite its prolonged underperformance and see further downside.

NextEra Energy, Inc. engages in the provision of renewable energy. It operates through the Florida Power and Light Company (FPL) and NextEra Energy Resources and NEET (NEER). The FPL segment involves the generation, transmission, distribution, and sale of electric energy in Florida. The NEER segment produces electricity from clean and renewable sources, including wind and solar. The company was founded on December 28, 1925 and is headquartered in Juno Beach, FL.

NextEra Energy Inc

NextEras planned Dominion acquisition and its push to expand power capacity for AI data centers are fueling debate. Bulls see greater scale and exposure to rising electricity demand, while skeptics point to financing and dilution risks, regulatory hurdles, and uncertainty over whether projected data-center loads will materialize.

Stellar (XLM) is a cryptocurrency launched in 2014. Stellar has a current supply of 50,001,786,837.39707 with 35,366,684,616.305855 in circulation. The last known price of Stellar is 0.15346137 USD and is down -1.11 over the last 24 hours. It is currently trading on 848 active market(s) with $109,670,947.94 traded over the last 24 hours. More information can be found at https://www.stellar.org.

Stellar Lumens

XLM is drawing attention for its persistent selloff and perceived underperformance, with traders debating whether broader crypto weakness and continued selling will push it lower or create a buying opportunity. Bulls point to Stellars institutional tokenization and payments developments, including DTCC-related plans, while skeptics argue that adoption has yet to translate into stronger token performance.

Vanguard World Fund - Vanguard Information Technology ETF

Vanguard Information Technology ETF

VGT is drawing attention amid volatility and a pullback in technology and AI-related stocks, with traders debating whether the weakness has further to run. Many are treating dips as a chance to add for long-term tech exposure, while others are waiting for a lower entry or warning of more downside.

Accenture is a global professional services company that helps the world’s businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services, creating tangible value at speed and scale. The firm combines technology and leadership in cloud, data and AI with industry experience, functional expertise and global delivery capability. Its services include Strategy & Consulting, Technology, Operations, Industry X, and Song. It operates through the following geographical segments: North America, EMEA, and Growth Markets. The company was founded in 1989 and is headquartered in Dublin, Ireland.

Accenture plc - Ordinary Shares - Class A

Traders are debating whether enterprise AI will create implementation work for Accenture or erode its billable-hours consulting model, with concerns that pilots may not translate into funded production projects and that clients will press for lower fees. The discussion is bearish on technical resistance and short setups, while some point to the CEOs reported share purchase as a bullish counterpoint.

Revolution Medicines, Inc. is a clinical-stage precision oncology company, which engages in developing novel targeted therapies. It engages in the discovery and development of cancer treatment by pioneering novel combination and monotherapy treatment regimens to maximize the depth and durability of clinical benefit and circumvent adaptive resistance mechanisms for patients which are dependent on the RAS and mTOR pathway. The company was founded by Mark A. Goldsmith, Kevan Shokat, Martin D. Burke, David L. Pompliano and Michael Fischbach in October 2014 and is headquartered in Redwood City, CA.

Revolution Medicines Inc

Quarterly results and RASONQUEs strong initial launch for metastatic pancreatic cancer are driving attention, with traders citing rapid patient uptake and upbeat analyst reactions. The bullish launch narrative is tempered by debate over high expectations, spending and the stocks volatile response to results.

Select Sector SPDR Trust (The) - State Street Technology Select Sector SPDR ETF

Technology Select Sector SPDR Fund

XLK is drawing attention amid a sharp technology-sector pullback and worries that debt-funded AI and data-center spending may not deliver adequate returns; the funds concentration in major tech and chip stocks amplifies those concerns. Traders are watching heavy put activityuncertain whether it reflects hedging or bearish betswhile debating whether oversold conditions could support a bounce or whether further weakness lies ahead.

Vanguard Index Funds - Vanguard S&P 500 ETF

Vanguard S&P 500 ETF

A broad-market pullback and heightened volatility have put VOO in focus, with traders debating whether tech-led weakness and concerns about inflation, interest rates, and geopolitical risks signal a deeper downturn or a dip-buying opportunity. Many are adding to long-term positions, while others warn that the decline could continue.

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From Musk’s Tesla Cybertruck To Ternus’ Memory Warning: MAG 7 Voices In Midterm Election Week

Equity

Mag 7 leaders had plenty to say about the pressures shaping Big Tech, even as their stocks moved in different directions. Nvidia faced another rough stretch, while Apple and Microsoft hit new highs.


Is a Democratic Victory Good News for Apple? ETFs to Consider

The Democratic win could reshape the AI investment landscape, potentially creating new opportunities for Apple and AAPL-heavy ETFs.

AMD Faces Nvidia Software Hurdle, While Intel Could Reclaim PC Market Share, Morningstar Says

Morningstar senior analyst Brian Colello said AMD needs to strengthen its software capabilities to challenge Nvidia’s AI dominance.


Tom Lee Expects 20% Tech Rally, But Dan Ives Warns Of More Downside

Speaking on CNBC, the BMNR chairman said the midterm election outcome is likely to force greater negotiation in Washington and reduce pressure on the Federal Reserve.


SMCI Stock Near 3-Month Low: Super Micro’s Earnings Beat Fails To Ease Analyst Concerns Over Margins 

Super Micro raised its full-year forecast, but analysts have flagged its reliance on one buyer and thinner profit margins.


Qualcomm, SpaceX Team Up To Build Starlink Cell Network: Deal Could ‘Lay The Foundation For AI-Native 6G,’ Says Executive 

Qualcomm will supply chips and software for the ground-based cellular sites supporting SpaceX’s planned Starlink Mobile network.


AMD Earnings ‘Checked Every Box,’ But Wall Street Remains Split On The Stock 

Analysts focused on AMD’s data center business, which nearly doubled year-over-year revenue to $8.5 billion and now accounts for 64% of total sales.


PLTR Stock Gets Price Target Hikes After ‘Another Top-Line Blowout,’ But Jefferies Sees Better AI Bets In MSFT, ORCL, SNOW Shares

Jefferies said the debate around Palantir has shifted from whether customers want the company’s software to whether it can sustain accelerating growth against tougher comparisons. 


CrowdStrike To Reportedly Buy AI Security Startups For $495M, Launches ‘Kill Switch’ For Rogue Agents

CrowdStrike is expanding its Falcon platform with AI security testing, agent monitoring and new controls to stop unauthorized activity, alongside integrations with Anthropic, AWS and Lovable.

MRVL Stock Price Target Slashed In Half: ‘Material Headwinds’ After Lumentum Deal, TD Cowen Says In Downgrade

TD Cowen downgraded Marvell to ‘Hold’ from ‘Buy’ and slashed its price target down to $175 from $350.


Bullish Sentiment

<ul class="summary-bullets"><li>Musk said data centers in space looked “pretty appealing right now” as the midterm election results rolled in.&nbsp;</li><li>Huang defended the role of closed frontier AI models, saying they have a “solid place in the world” even as open models gain traction.</li><li>Ternus called memory pricing “unprecedented” on his first earnings call as Apple CEO and warned that higher costs would affect the December quarter.</li></ul>Apple’s (AAPL) John Ternus, Nvidia’s (NVDA) Jensen Huang and Elon Musk made headlines this week with comments touching on the pressures reshaping the tech industry, while the other tech leaders were fairly silent.Ternus called memory pricing “unprecedented” on his first earnings call as Apple CEO. Meanwhile, Huang said “we love closed models” as questions continued about a Chinese intelligence spy who was reportedly in touch with him.&nbsp;Musk, who leads SpaceX and Tesla (TSLA), announced that the production of the Cybertruck would be winding down and that data centers in space look “pretty appealing right now” after Republican losses in Tuesday’s midterm elections.After a busy week of earnings commentary, Meta’s (META) Mark Zuckerberg, Alphabet’s (GOOG, GOOGL) Sundar Pichai, Microsoft’s (MSFT) Satya Nadella and Amazon’s (AMZN) Andy Jassy kept a relatively low profile this week.<h2 class="st-heading-2">MAG 7 See Worst Day Since Trump's 'Liberation Day' Rout</h2>On Friday, the MAG 7-tracking <a href="https://stocktwits.com/symbol/MAGS">Roundhill Magnificent Seven ETF</a> (MAGS) saw its biggest single-day drop since President Donald Trump's 'Liberation Day' tariffs were announced in April last year. <a href="https://stocktwits.com/symbol/TSLA">TSLA stock</a> took the biggest hit, down over 10% on Wednesday. <a href="https://stocktwits.com/symbol/AMZN">AMZN stock</a> and <a href="https://stocktwits.com/symbol/GOOGL">GOOGL stock</a> only dropped around 2% each, outperforming the major indices.The seven companies' stocks combined lost over $1 trillion in market capitalization on Thursday. Nvidia led losses with a drop of $440 million in its market value.&nbsp;<figure class="image"><img src="https://news.stocktwits-cdn.com/koyfin_20261105_045349913_ff7ce4b531.png" alt="koyfin_20261105_045349913.png" width="2400" height="1240"><figcaption>MAGS ETF single day gains/losses since inception as of November 6. | Source: Koyfin</figcaption></figure>Meanwhile, the <a href="https://stocktwits.com/symbol/XLK">Technology Select Sector SPDR Fund </a>(XLK) fell 8.04%, marking its worst daily performance since March 2020, when the XLK fell 13.81%<h2 class="st-heading-2">Musk’s Cybertruck Pullback, Space Data Center Ambitions&nbsp;</h2>Musk said on Friday that the company will halt production of the stainless-steel Cybertruck at its Texas Gigafactory. The move is designed to clear the runway for Tesla's robotaxi ambitions and marks the third vehicle cancellation announcement for the EV maker this year. Cybertruck manufacturing will officially wrap up "around the middle of next year," Musk said, following the recent discontinuation of the Model S and Model X to free up resources for the Optimus humanoid robot.<blockquote>"Tesla will be winding down production of the Cybertruck at Gigafactory Texas around the middle of next year to make room for increased Cybercab production"Elon Musk, CEO, SpaceX and Tesla&nbsp;</blockquote>The U.S. midterm elections “<a href="https://stocktwits.com/news-articles/markets/equity/us-midterm-elections-djt-stock-trump-coin-fall-while-stocks-crypto-rally-with-democrats-sweeping-congress/cNGLJWcR934">blue tsunami</a>” saw Republicans lose in Texas and other parts of the country, putting&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/dan-ives-calls-democratic-sweep-a-seismic-shift-for-the-ai-buildout/cNGLaFmR93X">data center development</a> in the political spotlight. Musk weighed in on both developments in a series of posts on X early Wednesday, linking the election results to SpaceX's ambitions in AI infrastructure and his own political spending.<blockquote>“Data centers in space looking pretty appealing right now.”Elon Musk, CEO, SpaceX and Tesla&nbsp;</blockquote>Musk wrote on X that putting data centers in orbit was starting to look attractive as the midterm results rolled in. His comments come after SpaceX has&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/googl-spacex-reportedly-in-talks-to-launch-data-centers-in-orbit-spacex-ipo/cZXXjlVReio">pitched</a> orbital data centers. It plans to use a version of Nvidia’s Vera Rubin server rack designed for space.&nbsp;On SpaceX’s third quarter earnings call, Musk&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/elon-musk-jensen-huang-mark-zuckerberg-agree-ai-faces-bottlenecks-but-differ-on-why/cZUGPmZRBUB">said</a> the main limit on adding AI capacity is power, cooling and supporting infrastructure, not chips.<blockquote>“Guess my election-interfering space lasers didn’t work this time.”Elon Musk, CEO, SpaceX and Tesla&nbsp;</blockquote>Musk followed up with a sarcastic reference to his political involvement. He contributed about $474 million during the 2026 cycle, making him the largest individual donor, according to CNBC. Nearly half of it, amounting to $224 million, was in Texas, where Tesla, SpaceX and X are based.<a href="https://stocktwits.com/symbol/TSLA">TSLA stock</a> on Friday saw its biggest single-day drop since July, dropping over 10.7%. The shares fell more than twice as much as the S&amp;P 500. On Stocktwits, retail sentiment around the EV maker fell to ‘extremely bearish’ from ‘bearish’ territory over the past week. Platform data showed that chatter jumped over 100% in the last seven days.<h2 class="st-heading-2">Huang Backs Closed AI Models While Trump Weighs In On China Spy Report</h2><blockquote>“We love closed models.”Jensen Huang, CEO, Nvidia&nbsp;</blockquote>Huang told Fireworks.ai CEO Lin Qiao at Fireworks Forge in San Francisco that there is a “solid place in the world” for closed frontier models. He also stated that open models adapted with specialized knowledge can deliver what he called “essentially a superintelligence” for a given company.&nbsp;<blockquote>“I would like to say yes.”President Donald Trump, US President</blockquote>Meanwhile, Trump was asked over the weekend whether he still has confidence in Huang as an adviser on technology policy after a New York Times report&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/elon-musk-warns-of-ai-shakeout-while-zuckerberg-pichai-nadella-jassy-discuss-the-costs-mag-7-voices-this-week/cZUKmssR9cO">said</a> that U.S. intelligence had concluded Alice Huang was a Chinese intelligence asset who kept a close relationship with the Nvidia CEO.&nbsp;Trump added “unless we find out something to the contrary,” called Huang “very above board,” and said “we’re going to check it out very closely.” According to Nvidia spokesman John Rizzo, meetings with customers are part of a CEO’s job.&nbsp;On Thursday, three House Republican committee leaders issued a letter <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://foreignaffairs.house.gov/news/press-releases/chairmen-mast-moolenaar-and-crawford-request-jensen-huang-brief-congress-on-link-to-chinese-intelligence-asset">asking</a> Huang to sit for a closed-door briefing on his relationship on his alleeged connection to the Chinese intelligence asset.<a href="https://stocktwits.com/symbol/NVDA">NVDA stock</a> was on track to see a fifth straight week in the red for the first time in four years after midterm election results dragged on semiconductor names.<figure class="image"><img src="https://news.stocktwits-cdn.com/koyfin_20261105_042400252_767665cafe.png" alt="koyfin_20261105_042400252.png" width="2400" height="1240"><figcaption>NVDA stock weekly gains/losses over past four years as of November 6. | Source: Koyfin</figcaption></figure>Nvidia shares fell more than 9% in the previous session, marking their biggest single-day slide in 21 months. The drop also erased the stock's year-to-date gains and marked a 25% drawdown from its October peak of around $243.<figure class="image"><img src="https://news.stocktwits-cdn.com/nvidia_stock_fall_ba5d475dda.png" alt="nvidia_stock_fall.png" width="2400" height="1240"><figcaption>NVDA stock daily gains/losses over the past two years as of November 6. | Source Koyfin</figcaption></figure>On Stocktwits, retail sentiment around Nvidia shifted to 'bullish' from 'neutral' territory over the past week. Platform data showed an uptick in chatter of nearly 300% in the time frame.<h2 class="st-heading-2">Apple’s Ternus Calls Memory Pricing ‘Unprecedented’ On First Earnings Call</h2>Memory was the main theme of Apple’s fourth quarter (Q4) earnings call. Ternus said the company expects higher memory costs in the December quarter, and that pricing will keep rising.&nbsp;<blockquote>“What we’re seeing with memory pricing right now is unprecedented.”John Ternus, CEO, Apple&nbsp;</blockquote>Apple reported record revenue of $114.5 billion in&nbsp;Q4,&nbsp;up 12% from a year earlier, and beating analysts’ estimate of $113.4 billion cited by Koyfin. Earnings per share were $2.10, including $0.05 from tariff refunds, and higher than the $1.99 consensus estimate.&nbsp;iPhone revenue was $57.6 billion, and Mac revenue grew 24%. Ternus said the quarter capped off Apple’s “best fiscal year ever.” Full-year revenue was $479 billion.&nbsp;<blockquote>“iPhone Duo is constrained as of today.”John Ternus, CEO, Apple</blockquote>The Duo, Apple’s first foldable iPhone, launched in late-October. Ternus told Reuters after the call that Apple is not able to predict when supply and demand will be in balance. He also acknowledged display issues and said a “very small percentage” of units have been returned.&nbsp;The Duo was not part of the quarter’s results, so its sales fall in the December quarter. Apple also expects supply constraints on Mac and iPad.<blockquote>“It’s the Siri we’ve always wanted.”John Ternus, CEO, Apple</blockquote>Ternus said Siri AI marks a new chapter in AI at Apple, adding that Siri handles more than 2.5 billion requests a day. Apple said Siri AI will carry usage limits, and heavy users will be able to pay for more capacity.&nbsp;Apple recaptured its position as the most valuable company in the world this week after&nbsp;<a href="https://stocktwits.com/symbol/AAPL">AAPL stock</a> hit a new record high on Wednesday.<figure class="image"><img src="https://news.stocktwits-cdn.com/koyfin_20261105_043519787_0896af6132.png" alt="koyfin_20261105_043519787.png" width="2400" height="1240"><figcaption>MAG 7 market capitalization year-to-date as of November 6. | Source: Koyfin</figcaption></figure>However, even Apple wasn't safe from the tech selloff on Thursday. AAPL stock closed the day 1.5% lower, on track to close the week in the red if losses hold. The drop came as the tech-heavy Nasdaq-100 <a href="https://stocktwits.com/news-articles/markets/equity/el-erian-stock-market-is-overdoing-ai-fears-nasdaq-enters-correction-territory/cNG1Y8WR94K">slipped</a> into correction territory. The index lost $2.5 trillion in market cap, a single-day record. &nbsp;On Stocktwits, retail sentiment around Apple trended in 'bearish' territory over the past week. Platform data showed an uptick of almost 60% in message volume in the last seven days.Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/dan-ives-sees-cash-flow-rebound-in-msft-meta-googl-amzn/cNG1mwzR94d">Dan Ives Sees Cash Flow Rebound In MSFT, META, GOOGL, AMZN: Says AI Bubble Fears Thrown Out The Window</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

Elon Musk attends a Cabinet meeting with President Donald Trump on Wednesday April 30, 2025 at the White House in Washington, DC. (Photo by Yuri Gripas for The Washington Post via Getty Images)

Apple’s (AAPL) John Ternus, Nvidia’s (NVDA) Jensen Huang and Elon Musk made headlines this week with comments touching on the pressures reshaping the tech industry, while the other tech leaders were fairly silent.

The MAG 7’s Week-In Commentary: Midterm Election Edition 

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