Bloomberg Markets and Finance
13 Oct 2026, 10:48 UTC · 2h ago
Chip Selloff Deepens Before Wall Street Earnings
Impact · against what's priced in
The continued selloff in chipmakers and the correction in banking stocks are not catalysts, as the market has already adjusted valuations downward ahead of earnings. The current prices reflect the bearish momentum and the anticipated risk of a cyclical peak for these sectors.
- C−0.05
Already priced in
- The price assumes
the macro risk of a Federal Reserve rate hike in September
The stock being in correction territory aligns with the market's existing caution regarding macro headwinds and regulatory capital requirements.
What C's price assumes · Sep 11
