Tech Stocks Plunge as Traders Dump Everything With AI Exposure

Bloomberg Intelligence · Nov 5, 2026 · 22m · transcript

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-Matthew Bloxham, Bloomberg Intelligence Senior Media and Tech Analyst, discusses technology stocks plummeting as traders assess the implication of a Democratic sweep in the US midterm elections on cloud data centers. Matthew also discusses Qualcomm earnings. Qualcomm Inc. shares tumbled after the company gave a lackluster profit forecast, citing a “broad-based increase” in costs for components and manufacturing.

-Justin Teresi, Bloomberg…