Asia shares bend under AI stress; Apple earnings loom
Published . Updated .
Covered by 5 outlets: StreetInsider, Reuters, The Lufkin Daily News, Yahoo Finance, marketscreener.com.
Who covered it: Center 2 · Not rated 3. How we rate outlets
By Wayne Cole SYDNEY, Nov 2 (Reuters) - Asian share markets slipped on Monday as worries about the sustainability of the AI investment boom loomed over the tech sector, while the high price of oil
Directly affected
- AAPL Apple+1.4% 30d
Named in this report.
Indirectly affected
- QQQ Invesco QQQ-2.6% 30d
Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story.
- AIQ Global X Artificial Intelligence & Technology ETF-0.9% 19d
Global X Artificial Intelligence & Technology ETF: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story.
- USO United States Oil Fund+13.9% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “oil” (tanker shipping) in this story.
- AAXJ iShares MSCI All Country Asia ex Japan ETF-6.5% 16d
iShares MSCI All Country Asia ex Japan ETF holds stocks listed in Asia, which this story is about (“asia”).
- EWA iShares MSCI Australia ETF+2.2% 30d
iShares MSCI Australia ETF holds stocks listed in Australia, which this story is about (“sydney”).
- XOM ExxonMobil Holdings+13.4% 16d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- MSFT Microsoft+4.0% 30d
Microsoft (prepackaged software): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| AAPL | -0.24% | -0.21% | base | after close | after close | after close | after close |
| QQQ | +3.12% | +5.08% | base | after close | after close | after close | after close |
| AIQ | +4.74% | +7.15% | base | after close | after close | after close | after close |
| USONo price data for this ticker | — | — | — | — | — | — | — |
| BWETNo price data for this ticker | — | — | — | — | — | — | — |
| AAXJ | +1.03% | +3.93% | base | after close | after close | after close | after close |
| EWANo price data for this ticker | — | — | — | — | — | — | — |
| XOMNo price data for this ticker | — | — | — | — | — | — | — |
| MSFT | +2.03% | +1.97% | base | after close | after close | after close | after 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.
Market Call
Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.
Asia shares bend under AI stress; Apple earnings loom StreetInsider
Source: StreetInsider
The price since 2 Nov 2026: Invesco Qqq Trust, Series 1 (QQQ) versus the S&P 500
| Company | When | Move | Status |
|---|---|---|---|
| AAPL | three days earlier | -0.21% | final price |
| AAPL | five days earlier | -0.24% | final price |
| Ishares Msci Asia Ex-Japan (AAXJ) | three days earlier | +3.93% | final price |
| Ishares Msci Asia Ex-Japan (AAXJ) | five days earlier | +1.03% | final price |
| Global X Fds (AIQ) | three days earlier | +7.15% | final price |
| Global X Fds (AIQ) | five days earlier | +4.74% | final price |
| Microsoft (MSFT) | three days earlier | +1.97% | final price |
| Microsoft (MSFT) | five days earlier | +2.03% | final price |
| Invesco Qqq Trust, Series 1 (QQQ) | three days earlier | +5.08% | final price |
| Invesco Qqq Trust, Series 1 (QQQ) | five days earlier | +3.12% | final price |
Congressional trades in the stocks in this story
- Rep. Pete Sessions sold Apple (AAPL) (held by a spouse), worth $250,001 - $500,000 on 2 Oct 2026. That is 31 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Pete Sessions sold Apple (AAPL) (held by a spouse), worth $100,001 - $250,000 on 22 Sep 2026. That is 41 days before publication. Filed 22 Sep 2026. View the filing.
- Rep. Cleo Fields bought Apple (AAPL), worth $1,001 - $15,000 on 8 Sep 2026. That is 55 days before publication. Filed 1 Oct 2026. View the filing.
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 19 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 63 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Pete Sessions sold Microsoft (MSFT) (held by a spouse), worth $250,001 - $500,000 on 2 Oct 2026. That is 31 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Lisa McClain bought Microsoft (MSFT) (held by a spouse), worth $1,001 - $15,000 on 30 Sep 2026. That is 33 days before publication. Filed 12 Oct 2026. View the filing.
- Rep. Michael Rulli sold Microsoft (MSFT), worth $1,001 - $15,000 on 28 Sep 2026. That is 35 days before publication. Filed 2 Oct 2026. View the filing.
- Rep. Pete Sessions sold Alphabet (GOOGL), worth $15,001 - $50,000 on 14 Sep 2026. That is 49 days before publication. Filed 18 Sep 2026. View the filing.
- Rep. Rohit Khanna sold Alphabet (GOOGL) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 59 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Thomas H. Kean Jr sold Alphabet (GOOGL), worth $1,001 - $15,000 on 27 Aug 2026. That is 67 days before publication. Filed 12 Sep 2026. View the filing.
- Rep. Pete Sessions sold Amazon Com (AMZN), worth $15,001 - $50,000 on 27 Oct 2026. That is 6 days before publication. Filed 27 Oct 2026. View the filing.
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).
Who is named in “Asia shares bend under AI stress; Apple earnings loom”
Companies tied to this story
- QQQ Invesco Qqq Trust, Series 1
In “Asia shares bend under AI stress; Apple earnings loom,” Invesco Qqq Trust, Series 1 (QQQ) is linked, with no stored direction, medium confidence. Reason on file: Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story
- AIQ Global X Fds
Global X Fds (AIQ) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “Asia shares bend under AI stress; Apple earnings loom.” Reason on file: Global X Artificial Intelligence & Technology ETF: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story
- AAXJ Ishares Msci Asia Ex-Japan
Ishares Msci Asia Ex-Japan (AAXJ) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “Asia shares bend under AI stress; Apple earnings loom.” Reason on file: iShares MSCI All Country Asia ex Japan ETF holds stocks listed in Asia, which this story is about (“asia”)
- MSFT Microsoft
Microsoft (MSFT) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “Asia shares bend under AI stress; Apple earnings loom.” Reason on file: Microsoft (prepackaged software): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story
- GOOGL Alphabet
In “Asia shares bend under AI stress; Apple earnings loom,” Alphabet (GOOGL) is linked, with no stored direction, medium confidence. Reason on file: Alphabet (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story
- AMZN Amazon Com
For “Asia shares bend under AI stress; Apple earnings loom,” Amazon Com (AMZN) is linked, with no stored direction, medium confidence. Reason on file: Amazon.com (catalog and mail-order houses): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story
- META Meta Platforms
For “Asia shares bend under AI stress; Apple earnings loom,” Meta Platforms (META) is linked, with no stored direction, medium confidence. Reason on file: Meta Platforms (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story
How “Asia shares bend under AI stress; Apple earnings loom” reaches Invesco Qqq Trust, Series 1 (QQQ)
On 2 Nov 2026, “Asia shares bend under AI stress; Apple earnings loom” is the story that connects Invesco Qqq Trust, Series 1 (QQQ) to this story.
For Invesco Qqq Trust, Series 1 (QQQ), the reason on file says Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story
Global X Fds (AIQ) is here too. Its reason reads: Global X Artificial Intelligence & Technology ETF: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story
The price range for Invesco Qqq Trust, Series 1 (QQQ), and the dates in the story
AAXJ traded between 106.27 and 120.47 across 12 sessions. The latest close on file is 107.13. AIQ traded between 61.70 and 67.40 across 14 sessions. The latest close on file is 62.94. QQQ traded between 683.47 and 762.84 across 20 sessions. The latest close on file is 690.51.
What the saved facts support for Invesco Qqq Trust, Series 1 (QQQ)
77 out of 100
“Asia shares bend under AI stress; Apple earnings loom” scores 77 out of 100. The score uses 5 sources, and 7 linked companies.