- U.S. stocks fell on Oct 30, 2026 as the AI selloff fed on itself after disappointing earnings reports from Amazon and Intel.
- The S&P 500 finished down 1.8% and the Nasdaq Composite finished almost 3% lower as investors sold technology stocks after a week of discouraging earnings reports.
- Investors are questioning whether the tech correction could become a speculative bust.
- A WSJ report on Nov 1, 2026 says a potential rival is emerging to Amazon, which has dominated U.S. e-commerce as the biggest U.S. company by revenue.