Geopolitics Alpha

Apple stock falls, chip stocks rebound as oil extends decline: AlphaCheck

Published . Updated .

Key takeaways

  • Exposed: USO, XLE, SMH, XOM, CVX
  • Market reaction: XLE −0.4% on the day (still updating); USO −0.0% on the day (still updating); AVGO +3.5% on the day (still updating)

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ENERGYApple stock falls, chip stocksrebound as oil extends decline:AlphaCheckAAPLGEOPOLITICS ALPHA

This report is about oil and semiconductors.

Directly affected

  • AAPL Apple+0.6% 30d

    Named in this report.

Indirectly affected

  • USO United States Oil Fund+8.9% 30d

    United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.

  • XLE Energy Select Sector SPDR+8.9% 30d

    Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.

  • SMH VanEck Semiconductor ETF-16.4% 30d

    VanEck Semiconductor ETF: it holds chipmakers. Linked by “chip” (semiconductors) in this story.

  • ASML ASML Holding N.V-0.1% 17d

    ASML Holding N.V (special industry machinery): chip demand, export rules and supply drive chipmakers' shares. Linked by “chip” (semiconductors) in this story.

  • NVDA Nvidia-11.7% 30d

    Nvidia (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “chip” (semiconductors) in this story.

  • TSM Taiwan Semiconductor Manufacturing-11.9% 30d

    Taiwan Semiconductor Manufacturing (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “chip” (semiconductors) in this story.

  • XOM ExxonMobil Holdings+6.2% 16d

    ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.

  • CVX Chevron+12.5% 30d

    Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
AAPL+2.48%+3.04%base-2.93%after closeafter closeafter close
USO+4.37%+7.30%base-0.01%after closeafter closeafter close
XLE+1.44%+2.16%base-0.36%after closeafter closeafter close
SMH+9.78%+10.54%base+2.65%after closeafter closeafter close
ASML+7.22%+9.85%base+2.32%after closeafter closeafter close
NVDA+7.75%+5.68%base+2.68%after closeafter closeafter close
TSM+9.59%+8.27%base+2.05%after closeafter closeafter close
XOM+0.06%+1.89%base-1.00%after closeafter closeafter close
CVX+0.19%+1.58%base-0.75%after closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Apple stock falls, chip stocks rebound as oil extends decline: AlphaCheck Yahoo Finance

Source: Yahoo Finance

How far United States Oil Fund (USO) has moved since 3 Nov 2026

CompanyWhenMoveStatus
AAPLthat day-2.93%still updating
AAPLthree days earlier+3.04%final price
AAPLfive days earlier+2.48%final price
ASMLthat day+2.32%still updating
ASMLthree days earlier+9.85%final price
ASMLfive days earlier+7.22%final price
Chevron (CVX)that day-0.75%still updating
Chevron (CVX)three days earlier+1.58%final price
Chevron (CVX)five days earlier+0.19%final price
NVDAthat day+2.68%still updating
NVDAthree days earlier+5.68%final price
NVDAfive days earlier+7.75%final price
Vaneck Etf Trust (SMH)that day+2.65%still updating
Vaneck Etf Trust (SMH)three days earlier+10.54%final price
Vaneck Etf Trust (SMH)five days earlier+9.78%final price
TSMthat day+2.05%still updating
TSMthree days earlier+8.27%final price
TSMfive days earlier+9.59%final price
United States Oil Fund (USO)that day-0.01%still updating
United States Oil Fund (USO)three days earlier+7.30%final price
United States Oil Fund (USO)five days earlier+4.37%final price
Select Sector Spdr Tr (XLE)that day-0.36%still updating
Select Sector Spdr Tr (XLE)three days earlier+2.16%final price
Select Sector Spdr Tr (XLE)five days earlier+1.44%final price
ExxonMobil Holdings (XOM)that day-1.00%still updating
ExxonMobil Holdings (XOM)three days earlier+1.89%final price
ExxonMobil Holdings (XOM)five days earlier+0.06%final price

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Companies in energy around United States Oil Fund (USO)

Companies tied to this story

  • USO United States Oil Fund

    For “Apple stock falls, chip stocks rebound as oil extends decline: AlphaCheck,” United States Oil Fund (USO) is linked, with no stored direction, medium confidence. Reason on file: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story

  • XLE Select Sector Spdr Tr

    In “Apple stock falls, chip stocks rebound as oil extends decline: AlphaCheck,” Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence. Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story

  • SMH Vaneck Etf Trust

    Vaneck Etf Trust (SMH) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Apple stock falls, chip stocks rebound as oil extends decline: AlphaCheck.” Reason on file: VanEck Semiconductor ETF: it holds chipmakers. Linked by “chip” (semiconductors) in this story

  • XOM ExxonMobil Holdings

    For “Apple stock falls, chip stocks rebound as oil extends decline: AlphaCheck,” ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence. Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

  • CVX Chevron

    Chevron (CVX) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Apple stock falls, chip stocks rebound as oil extends decline: AlphaCheck.” Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

  • COP Conocophillips

    Conocophillips (COP) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Apple stock falls, chip stocks rebound as oil extends decline: AlphaCheck.” Reason on file: ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

  • AVGO Broadcom

    For “Apple stock falls, chip stocks rebound as oil extends decline: AlphaCheck,” Broadcom (AVGO) is linked, with no stored direction, medium confidence. Reason on file: Broadcom (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “chip” (semiconductors) in this story

  • SHEL Shell

    Shell (SHEL) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Apple stock falls, chip stocks rebound as oil extends decline: AlphaCheck.” Reason on file: Shell (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

How energy news reaches United States Oil Fund (USO)

On 3 Nov 2026, “Apple stock falls, chip stocks rebound as oil extends decline: AlphaCheck” is the story that connects United States Oil Fund (USO) to Energy.

What ties United States Oil Fund (USO) to the headline is this: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story

Select Sector Spdr Tr (XLE) is here too. Its reason reads: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story

Dates in the story, and the United States Oil Fund (USO) price range

SMH traded between 506.51 and 639.33 across 20 sessions. The latest close on file is 508.07. USO traded between 141.82 and 171.80 across 20 sessions. The latest close on file is 156.89. XLE traded between 62.95 and 70.15 across 20 sessions. The latest close on file is 67.26.

A simple score for United States Oil Fund (USO)

46 out of 100Price not final

“Apple stock falls, chip stocks rebound as oil extends decline: AlphaCheck” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.