US Stocks Weekly on October.17-22 | Nasdaq Plunges 2.6% in One Day, Goldman Says AI Capex Is About Half of S&P 500 Earnings Growth
Weekly Market Recap
What Institutions Say: Three Words From Goldman
- Concentration: the S&P 500 sits about 2% below its record high, yet the median stock is about 15% below its own high; Goldman's breadth measure is near its tightest since the dot-com era.
- Slowdown: Goldman still expects the rally to continue, but sees less room for large upward earnings revisions, so the pace should moderate.
- Capex: Goldman estimates AI capital spending accounts for about half of S&P 500 earnings growth and expects that contribution to shrink as spending growth slows. Strategist Ben Snider kept his year-end S&P 500 target at 8,000.
This Week's Five Stocks in Numbers
Ticker | Week | YTD | 52-week position | Volume multiple |
NVDA NVIDIA | -0.9% | +13.8% | 61% | 1.0x |
AMD AMD | -3.9% | +137.2% | 68% | 1.2x |
INTC Intel | -4.9% | +131.7% | 48% | 1.2x |
LRCX Lam Research | -12.3% | +33.6% | 31% | 2.2x |
META Meta Platforms | -8.5% | -1.7% | 50% | 2.1x |
Stock Focus
Weekly Discussion
Key Dates Next Week (US trading days; earnings times are estimates)
Date | Event |
10/26 Mon | Verizon (VZ) earnings before the open |
10/27 Tue | US consumer confidence; Coca-Cola (KO) before the open, Visa (V) after the close |
10/28 Wed | Fed rate decision; Microsoft (MSFT), Alphabet (GOOGL) after the close |
10/29 Thu | US Q3 GDP (advance) and core PCE; Amazon (AMZN), Intel (INTC) after the close |
10/30 Fri | Exxon Mobil (XOM), Chevron (CVX) before the open |
Q&A
Popular Articles
View More
MEXC Alpha Trader Weekly Research Report | Inflation Exceeds Expectations Across the Board as ETFs See $228M in Weekly Outflows — Is the Rate-Cut Narrative Facing a "Stress Test"?
Week 3 of October 2026 Statistics period: October 14 – October 20, 2026 Data cutoff: October 20, 2026 Core Narrative Over the past week, the crypto market remained weak and range-bound, weighed down
Bitcoin Has No Earnings or Dividends—So Where Does Its Value Come From?
A stock can be valued through revenue, profits, free cash flow, and dividends. A bond can be assessed through its interest payments, principal, maturity, and default risk. Bitcoin offers none of
"Uptober" Hits a Wall: ETF Flows Reverse as 17,733 BTC Flood the Market — Buy the Dip or Run for the Exits? | MEXC Alpha Trader Weekly Research Report
Week 2 of October 2026 Statistics period: October 7 – October 13, 2026 Data cutoff: October 13, 2026 Core Narrative Over the past week, the crypto market went through a full cycle of an early-October
Hot Crypto Updates
View More
Bitcoin Hashrate & Mining Difficulty Tracker: Live BTC Network Health Explained
Overview Hashrate and mining difficulty are the two most direct indicators of Bitcoin network condition, yet they are frequently misread as separate things. They are in fact two expressions of the
Do Bitcoin CME Gaps Always Get Filled? BTC Futures Gap Trading Explained
Overview The CME gap is one of the most widely repeated technical claims in bitcoin trading, and its central assertion is that a gap eventually gets filled, making it usable as a price target. That
BTC Spot ETF Inflows Defy the Downturn and Absorb the Pullback【MEXC Alpha Trader – Daily Market Brief (October 23, 2026)】
I. Macro & Market Sentiment · Market Data: BTC $81,257 (-2.53%) | ETH $2,389.68 (-2.49%) | SOL $103.90 (-2.10%) · Market Sentiment: Funding Rate +0.0044% | Fear & Greed Index 50 (Neutral) · Risk
SOL Mainnet Upgrade Cuts Finality to 150 Milliseconds【MEXC Alpha Trader – Daily Market Brief (October 22, 2026)】
I. Macro & Market Sentiment · Market Data: BTC $83,384 (+0.54%) | ETH $2,451 (-0.11%) | SOL $106 (-0.37%) · Market Sentiment: Funding Rate -0.0010% | Fear & Greed Index 68 (Greed) · Oil Prices &
Trending News
View More
Bitcoin-Backed Borrowing: How Circle Unlocks USDC
Circle has launched Digital Asset-Backed Borrowing for eligible Circle Mint LLC customers, creating an integrated institutional workflow that allows Bitcoin holders to access USDC liquidity without fi
Altcoin Trading Volume Nears 4x BTC—Is Rotation Real?
Altcoin trading volume has surged relative to Bitcoin, with recent spot activity approaching four times BTC spot volume and reaching its strongest relative level since September 2025. The shift is not
Related Articles
View MoreMEXC Alpha Trader Weekly Research Report | Inflation Exceeds Expectations Across the Board as ETFs See $228M in Weekly Outflows — Is the Rate-Cut Narrative Facing a "Stress Test"?
Week 3 of October 2026Statistics period: October 14 – October 20, 2026Data cutoff: October 20, 2026Core NarrativeOver the past week, the crypto market remained weak and range-bound, weighed down by st
"Uptober" Hits a Wall: ETF Flows Reverse as 17,733 BTC Flood the Market — Buy the Dip or Run for the Exits? | MEXC Alpha Trader Weekly Research Report
Week 2 of October 2026Statistics period: October 7 – October 13, 2026Data cutoff: October 13, 2026Core NarrativeOver the past week, the crypto market went through a full cycle of an early-October mome
October Rate Hike Odds Collapse From 70% to 14% — Is BTC Headed to $93,700 or $82,500? | MEXC Alpha Trader Research Weekly
First Week of October 2026Settlement Period: September 30, 2026 – October 6, 2026Data Cutoff: October 6, 2026Core NarrativesOver the past week, the crypto market experienced a dip followed by a reboun
PMI Beats Expectations, Sparking Bond Market Rally; BTC Breaks Key Support—Can Counter-Trend ETF Inflows Provide a Floor? | MEXC Alpha Trader Research Weekly
Week 4 of September 2026Reporting Period: September 23 – September 29, 2026Data Cutoff: September 29, 2026Core NarrativeBurdened by weak macroeconomic indicators and a surge in bond yields, the crypto
