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BusinessQuiet 12d · day 12

Asia shares steady on Apple earnings hopes amid AI spending worries

Markets bounce as investors await Apple results while concerns about AI capital expenditure and recent tech turmoil weigh on sentiment.

newest coverage 11d agosummary written 11d ago7 pieces NewswiresGoogle NewsYouTube

What to know

  • Asian markets bounced on November 2 ahead of Apple earnings, with investor hopes that the company's restrained AI spending would ease broader concerns about unsustainable capex growth.
  • October saw tech stocks severely punished (Nasdaq down 7%, Intel down 29%) amid fears of negative cash flow and massive AI infrastructure costs, compounded by the Binance security breach.
  • Goldman Sachs projects AI capex will nearly double to $800 billion in 2026 but growth is peaking; S&P 500 earnings growth expected to slow from 30% in 2026 to 18% in 2027.
  • Market pricing now implies only 72% probability of December Fed rate increase, down from earlier expectations, as equity sell-off raises doubts about further tightening.

Apple Tech giant reporting earningsBen Snider Goldman Sachs chief US equity strategistIntel Semiconductor manufacturerFederal Reserve US central bank

Asia shares steady on Apple earnings hopes amid AI spending worries
Investing.com News

How it unfolded 1 development · click the chart to see its coverage articles

Peak 4 pieces in 3h at Nov 1, 6 PM; 7 pieces over 12 days (6 articles · 1 video) Nov 1, 6 PM — 4 pieces · 4 articles — Newswires 2, Google News 2Nov 1, 9 PM — quietNov 2, 12 AM — 1 piece · 1 article — Google News 1Nov 2, 3 AM — quietNov 2, 6 AM — quietNov 2, 9 AM — quietNov 2, 12 PM — quietNov 2, 3 PM — quietNov 2, 6 PM — quietNov 2, 9 PM — quietNov 3, 12 AM — quietNov 3, 3 AM — quietNov 3, 6 AM — quietNov 3, 9 AM — quietNov 3, 12 PM — quietNov 3, 3 PM — quietNov 3, 6 PM — quietNov 3, 9 PM — quietNov 4, 12 AM — quietNov 4, 3 AM — quietNov 4, 6 AM — quietNov 4, 9 AM — quietNov 4, 12 PM — quietNov 4, 3 PM — quietNov 4, 6 PM — quietNov 4, 9 PM — quietNov 5, 12 AM — quietNov 5, 3 AM — quietNov 5, 6 AM — quietNov 5, 9 AM — quietNov 5, 12 PM — quietNov 5, 3 PM — quietNov 5, 6 PM — quietNov 5, 9 PM — quietNov 6, 12 AM — quietNov 6, 3 AM — 1 piece · 1 article — Google News 1Nov 6, 6 AM — quietNov 6, 9 AM — quietNov 6, 12 PM — quietNov 6, 3 PM — quietNov 6, 6 PM — quietNov 6, 9 PM — quietNov 7, 12 AM — quietNov 7, 3 AM — quietNov 7, 6 AM — quietNov 7, 9 AM — quietNov 7, 12 PM — quietNov 7, 3 PM — quietNov 7, 6 PM — quietNov 7, 9 PM — quietNov 8, 12 AM — quietNov 8, 3 AM — quietNov 8, 6 AM — 1 piece · 1 video — YouTube 1Nov 8, 9 AM — quietNov 8, 12 PM — quietNov 8, 3 PM — quietNov 8, 6 PM — quietNov 8, 9 PM — quietNov 9, 12 AM — quietNov 9, 3 AM — quietNov 9, 6 AM — quietNov 9, 9 AM — quietNov 9, 12 PM — quietNov 9, 3 PM — quietNov 9, 6 PM — quietNov 9, 9 PM — quietNov 10, 12 AM — quietNov 10, 3 AM — quietNov 10, 6 AM — quietNov 10, 9 AM — quietNov 10, 12 PM — quietNov 10, 3 PM — quietNov 10, 6 PM — quietNov 10, 9 PM — quietNov 11, 12 AM — quietNov 11, 3 AM — quietNov 11, 6 AM — quietNov 11, 9 AM — quietNov 11, 12 PM — quietNov 11, 3 PM — quietNov 11, 6 PM — quietNov 11, 9 PM — quietYesterday, 12 AM — quietYesterday, 3 AM — quietYesterday, 6 AM — quietYesterday, 9 AM — quietYesterday, 12 PM — quietYesterday, 3 PM — quietYesterday, 6 PM — quietYesterday, 9 PM — quietToday, 12 AM — quietToday, 3 AM — quietToday, 6 AM — quietToday, 9 AM — quietToday, 12 PM — quietToday, 3 PM — quietToday, 6 PM — quiet 1
Nov 2Nov 3Nov 4Nov 5Nov 6Nov 7Nov 8Nov 9Nov 10Nov 11yesterdaynow · 9:55 PM ET
  1. background

    Goldman Sachs: AI capex growth peaking despite continued rise — Goldman Sachs projects hyperscaler capex nearly doubling to $800 billion in 2026 and reaching $1.2 trillion in 2027, but signals the acceleration is slowing. Chief strategist Ben Snider notes earnings growth remains strong but no longer accelerating, and AI capex growth is peaking.

  2. background

    Apple earnings expected to show iPhone 18 traction, no massive AI capex — Analysts expect Apple to report quarterly EPS of $2 on revenue of $113 billion, with potential guidance on iPhone 18 pre-order performance starting mid-October. Apple's avoidance of multi-billion data center spending positions it as a market refuge amid broader tech anxiety.

  3. 1

    Asian markets stabilize ahead of Apple earnings

    Share markets bounced across Asia on Monday with S&P 500 futures up 0.5% and Nasdaq futures up 0.9%, driven by investor hopes that Apple's earnings would ease concerns about AI cash-burn. Japan's Nikkei firmed 0.3%, South Korea added 2.6%, and China's blue chips gained 1.3% after reports of regulatory support measures.

    “Earnings results have underscored the fundamental challenge facing equity investors — earnings growth is strong, but it is no longer accelerating.”
    — Ben Snider, Goldman Sachs chief US equity strategist
    1. 5 outlets Asia shares bend under AI stress; Apple earnings loom

      first by Reuters, 12d ago · also The Economic Times, Yahoo Finance, Investing.com News, Channel News Asia

      1 more headline
  4. background

    Intel shares plummet 29% on Friday — Intel's stock tumbled nearly 29% on Friday, raising pressure on other chip manufacturers including AMD and intensifying investor worries about tech sector profitability.

  5. background

    Binance suffers major security breach; billions stolen — Hackers stole billions from Binance, the world's largest cryptocurrency exchange. The platform went back online on Sunday, October 27, triggering withdrawals as users rushed to move assets.

  6. background

    Nasdaq suffers worst month since April 2025 tariff shock — The tech-heavy Nasdaq lost almost 7% in October, marking its worst performance since the 'Liberation Day' tariff rout of April 2025, as concerns mounted over AI investment spending and negative cash flow.