Chip Stocks Bounce Back in the Stock Market Today, November 6, a Day After Their Selloff
Chip stocks bounced back before Friday's open, a day after an AI selloff gave US stocks their worst day since April 2025, CNBC reported. By 6:50 a.m. ET, Nvidia and seven other big chip stocks had recovered about 45% of what they lost on Thursday, on average, StockTitan's real-time data shows.
The short answer. Chip and AI stocks are rising before the open, after Thursday's selloff on fears that Democratic control of Congress could bring tougher AI rules, Reuters reported. That reaches anyone who owns an S&P 500 fund, since a few tech and chip giants now weigh enough to move the whole index, a Quilter portfolio manager told CNBC. The big chip stocks have won back less than half of Thursday's fall so far, and the jobs report at 8:30 a.m. ET is the next test.
The market before the open, Friday morning
Every company reporting the same week, with its date and time, is in StockTitan's Earnings Calendar for the Week of November 2, 2026.
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Live updates
The newest update comes first. Each one says what changed in the market's story, with the time it was written.
6:52 a.m. ET
Chip stocks bounce back before the open as Nasdaq futures rise and Dow futures slip
Chip stocks steadied before the open after Thursday's rout, and Nasdaq futures climbed as they gained ground, Reuters reported. Nasdaq-100 futures were up 1.2% at 6:25 a.m. ET while Dow futures were down, CNBC reported. Nvidia, Micron and AMD were among the chip stocks rising.
Results from Thursday evening also moved single stocks. Cloudflare and Airbnb rose after their reports, and DraftKings and Atlassian fell after theirs. Next comes the October jobs report at 8:30 a.m. ET (Bureau of Labor Statistics schedule). It matters for interest rates, since traders see a more than 65% chance that the Federal Reserve raises rates in December, Reuters reported, citing the CME FedWatch Tool.
Why are chip stocks up today
Chip stocks are rising after Thursday's steep losses, Reuters reported. The bounce is partial so far: eight big chip stocks had won back less than half of Thursday's fall before the open.
Friday follows a very bad Thursday. The Nasdaq Composite fell 5.5% and the S&P 500 4.4%, the worst day for both since April 2025, CNBC reported. All 11 sectors of the S&P 500 fell, but companies tied to the AI build-out fell the most, according to CNBC. StockTitan's article on Thursday's AI selloff explains how the selling spread.
The worry behind it is political. Democrats won control of Congress this week, including in some key data center states. Investors fear that tougher AI rules could slow the building of AI data centers, Reuters reported. "We view Thursday's selloff as reactionary, not a fundamental reset," Jane Gibbons, an equity strategist at Jefferies, told Reuters. She tied the selling to a collision of worries about AI spending, policy and inflation.
Before the open, Nvidia was up 5.03% at 6:50 a.m. ET in StockTitan's real-time data. Thursday's fall had left it lower than where it started the year, CNBC reported. Micron, AMD and Marvell Technology rose more, as the table below shows.
The rise is only part of the way back. By 6:50 a.m. ET, Micron, AMD, Marvell, Arm, Broadcom, Intel, Qualcomm and Nvidia had recovered about 45% of their Thursday fall on average, from Qualcomm's 32% to Intel's 56%. QQQ, the fund that tracks the Nasdaq-100, had won back about a quarter of its fall.
| Company | Thursday, November 5 | Pre-market, November 6 | Share of Thursday's fall won back |
|---|---|---|---|
| Micron (MU) | -17.46% | +9.22%, 6:49 a.m. ET | 44% |
| AMD (AMD) | -17.26% | +8.47%, 6:50 a.m. ET | 41% |
| Marvell Technology (MRVL) | -16.43% | +9.97%, 6:50 a.m. ET | 51% |
| Arm Holdings (ARM) | -13.08% | +7.29%, 6:44 a.m. ET | 48% |
| Broadcom (AVGO) | -10.43% | +4.96%, 6:46 a.m. ET | 43% |
| Intel (INTC) | -10.33% | +6.41%, 6:50 a.m. ET | 56% |
| Qualcomm (QCOM) | -9.49% | +3.35%, 6:49 a.m. ET | 32% |
| Nvidia (NVDA) | -9.26% | +5.03%, 6:50 a.m. ET | 49% |
Source: StockTitan daily closes for November 4 and November 5, 2026, and StockTitan real-time Nasdaq data for each stock's last pre-market trade on November 6; the share won back is the pre-market gain divided by Thursday's drop in dollars.
The bounce reaches across the chip industry. Eight of the 15 biggest gainers on StockTitan's pre-market board at 6:30 a.m. ET were chip companies, a day after seven of the 15 biggest losers were, as StockTitan's live page for November 5 counted. They run from Lam Research, which makes chipmaking machines, to Sandisk, which makes memory. Lam also approved a $25 billion buyback on Thursday evening (Lam Research release), which StockTitan's Lam Research article sets against its past buybacks.
Companies that rent out AI computing power rose too. IREN, CoreWeave and Nebius all recovered from deep losses, Reuters reported. IREN reported results on Thursday evening, and its AI cloud revenue nearly tripled from the previous quarter to $200 million. It also said the more than $4 billion of yearly revenue from its signed contracts is now targeted to be running by January 31, 2027, and may slip to the end of February (IREN release). StockTitan's IREN article explains what its customers pay.
Asia did not bounce. South Korea's Kospi fell more than 6%, and Japan's Nikkei 225 entered a bear market, which means 20% or more below its peak, CNBC reported. In Europe, chip equipment makers ASML and ASM International rose, according to CNBC.
Biggest stock movers today and why
Outside the chip bounce, results from Thursday evening moved single stocks. Cloudflare, Airbnb and Innodata rose, while DraftKings and Atlassian fell.
| Company | Move | Company news |
|---|---|---|
| JFrog (FROG) | +22.62%, pre-market, 6:36 a.m. ET, on few shares | In a release at 4:05 p.m. ET, it said third-quarter revenue rose 31% to $179.2 million, and its cloud revenue rose 60% (release). |
| Cloudflare (NET) | +19.26%, pre-market, 6:49 a.m. ET | Third-quarter revenue rose 39% to $782.5 million, its fastest growth in nearly four years, its chief executive said (release). |
| IREN (IREN) | +18.75%, pre-market, 6:50 a.m. ET | AI cloud revenue nearly tripled from the previous quarter to $200 million (release, StockTitan article). |
| Innodata (INOD) | +13.31%, pre-market, 6:49 a.m. ET | Third-quarter revenue rose 53% to $95.6 million, and it raised its 2026 revenue growth forecast to 42% or more (release). |
| Airbnb (ABNB) | +12.75%, pre-market, 6:49 a.m. ET | Raised its 2026 revenue growth forecast, Reuters reported; third-quarter revenue rose 19% to $4.9 billion, and it added a buyback of up to $12 billion (release, shareholder letter). |
| Lam Research (LRCX) | +10.69%, pre-market, 6:48 a.m. ET | Rose with other chip stocks; its board approved a $25 billion share buyback on Thursday evening (release). |
| SoundHound AI (SOUN) | -5.40%, pre-market, 6:49 a.m. ET | Third-quarter revenue rose 48.5% to $62.4 million, with a net loss of $46.4 million, and it expects to turn a profit on adjusted EBITDA within the second half of 2027 (release). |
| Natera (NTRA) | -14.71%, pre-market, 6:46 a.m. ET, on few shares | Third-quarter revenue rose 34.1% to $794.0 million, and it forecast 2026 revenue of $3.005 billion to $3.035 billion (results release); it named Solomon Moshkevich chief executive, in place of Steve Chapman (leadership release). |
| Atlassian (TEAM) | -17.02%, pre-market, 6:50 a.m. ET | Dropped after its results, Reuters reported; revenue rose 24% to $1.77 billion, and it expects about 13.75% revenue growth for the full fiscal year (release). |
| DraftKings (DKNG) | -21.69%, pre-market, 6:46 a.m. ET | Posted a wider loss than analysts polled by LSEG expected, CNBC reported; it put its 2026 adjusted EBITDA at $175 million to $275 million on more spending for Predictions (release). |
Source: StockTitan real-time Nasdaq data, last pre-market trades from 6:36 to 6:50 a.m. ET on November 6, 2026, against each stock's November 5 close; company releases linked in each row, all published after 4:00 p.m. ET on November 5; Reuters and CNBC as named.
Cloudflare, which protects and speeds up websites, was up 19.26% at 6:49 a.m. ET in StockTitan's real-time data. In a release at 4:15 p.m. ET on Thursday, it said third-quarter revenue rose 39% to $782.5 million. Its chief executive called that its fastest growth in nearly four years (Cloudflare release).
Airbnb was up 12.75% at 6:49 a.m. ET in StockTitan's real-time data, after it raised its forecast for revenue growth this year, Reuters reported. Its shareholder letter says third-quarter revenue rose 19% to $4.9 billion and that it now expects growth "in the high teens" for 2026. It also announced a new buyback of up to $12 billion (Airbnb shareholder letter).
DraftKings was down 21.69% at 6:46 a.m. ET in StockTitan's real-time data. Its third-quarter loss was wider than analysts polled by LSEG expected, CNBC reported. In its release, DraftKings put its 2026 adjusted EBITDA, a measure of operating profit, at $175 million to $275 million. It expects its new Predictions product to take $650 million to $700 million out of that measure this year (DraftKings release).
Atlassian, which makes the Jira and Confluence work software, was down 17.02% at 6:50 a.m. ET in StockTitan's real-time data. It dropped after its first-quarter results, Reuters reported. Its revenue rose 24% to $1.77 billion in the quarter, and it expects revenue growth of about 13.75% for its full 2027 fiscal year (Atlassian release).
Innodata, which prepares data for AI models, rose after it raised its 2026 revenue growth forecast to 42% or more (Innodata release). Natera, a maker of genetic tests, also fell. On Thursday evening it reported results and named a new chief executive (Natera release).
What to watch for the rest of the day
The October jobs report comes out at 8:30 a.m. ET, an hour before the market opens. Charter and Moderna report results this morning.
- 7:00 a.m. ET: Charter Communications releases its third-quarter results, the company said (Charter release).
- 8:00 a.m. ET: Moderna reports its third-quarter results, with a call and webcast, the company said (Moderna release).
- 8:30 a.m. ET: the October jobs report from the Bureau of Labor Statistics (release schedule). Economists polled by Dow Jones expect 59,000 jobs added and an unemployment rate of 4.2%, CNBC reported. StockTitan's jobs report preview explains what it measures.
- 9:30 a.m. ET: the regular trading session opens. The day's scheduled data are on StockTitan's economic calendar.
- December 9: the Federal Reserve's next rate decision (Federal Reserve calendar).
The jobs report matters for interest rates. It could be the next thing to move traders' bets on a December rate hike, Reuters reported. A rate hike would make borrowing cost more for companies and households.
Our numbers
These figures are our calculations from the sources linked in this article. They use pre-market trades, which are thinner than regular trading, so the session after 9:30 a.m. ET can change them.
- About 45%: the average share of Thursday's fall that Micron, AMD, Marvell, Arm, Broadcom, Intel, Qualcomm and Nvidia had won back at their last pre-market trades by 6:50 a.m. ET, each stock's gain divided by its drop in dollars from the November 4 close to the November 5 close, the eight weighted equally.
- About a quarter: the same share for QQQ, the fund that tracks the Nasdaq-100, at its 6:50 a.m. ET trade.
- 8 of 15: the chip companies among the 15 biggest gainers on StockTitan's pre-market board at 6:30 a.m. ET, namely Lam Research, UMC, Sandisk, Tower Semiconductor, ASE Technology, Credo, Aehr Test Systems and MaxLinear.
Frequently asked questions
What is moving the stock market today?
Chip stocks. They bounced back before the open on November 6 after Thursday's AI selloff, Reuters reported. At 6:25 a.m. ET, Nasdaq-100 futures were up 1.2% and Dow futures down 0.9%, according to CNBC. The October jobs report at 8:30 a.m. ET is next.
Why are chip stocks rebounding today?
They are recovering part of Thursday's steep losses, which came on fears that Democratic control of Congress could bring tougher rules for AI data centers, Reuters reported. By 6:50 a.m. ET, eight big chip stocks had won back about 45% of Thursday's fall on average.
Why is Cloudflare (NET) stock up today?
Cloudflare was up 19.26% at 6:49 a.m. ET in pre-market trading on November 6. Its third-quarter revenue rose 39% to $782.5 million, which its chief executive called its fastest growth in nearly four years.
Why is DraftKings (DKNG) stock down today?
DraftKings was down 21.69% at 6:46 a.m. ET in pre-market trading on November 6. Its third-quarter loss was wider than analysts polled by LSEG expected, CNBC reported. It also put its 2026 adjusted EBITDA at $175 million to $275 million as it spends more on its new Predictions product.
Why is Airbnb (ABNB) stock up today?
Airbnb was up 12.75% at 6:49 a.m. ET in pre-market trading on November 6. It raised its 2026 revenue growth forecast, Reuters reported, and its third-quarter revenue rose 19% to $4.9 billion.
Why is Atlassian (TEAM) stock down today?
Atlassian was down 17.02% at 6:50 a.m. ET in pre-market trading on November 6, after its first-quarter results, Reuters reported. Revenue rose 24% in the quarter, and the company expects about 13.75% revenue growth for its full fiscal year.
Sources
- StockTitan: live market coverage, November 5, 2026
- StockTitan: why AI stocks fell on November 5
- StockTitan: IREN results article
- StockTitan: Lam Research buyback article
- StockTitan: October 2026 jobs report preview
- StockTitan: Earnings Calendar for the Week of November 2, 2026
- StockTitan economic calendar
- Cloudflare third quarter 2026 results release
- Airbnb third quarter 2026 results release
- Airbnb third quarter 2026 shareholder letter (SEC exhibit 99.1)
- IREN first quarter fiscal 2027 results release
- Innodata third quarter 2026 results release
- JFrog third quarter 2026 results release
- Lam Research buyback and dividend release
- DraftKings third quarter 2026 results release
- Atlassian first quarter fiscal 2027 results release
- SoundHound AI third quarter 2026 results release
- Natera third quarter 2026 results release
- Natera leadership transition release
- Charter third quarter 2026 webcast release
- Moderna third quarter 2026 results date release
- Bureau of Labor Statistics: Employment Situation release schedule
- Federal Reserve: meeting calendar
The information provided in this article is for educational and informational purposes only. It does not constitute financial advice, investment recommendation, or an endorsement of any particular investment strategy. Past performance does not guarantee future results. Investors should conduct their own research and consult with a qualified financial advisor before making investment decisions.