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After previous day’s slump, trading is quieter among AI shares

Katherine Langford
Editor-in-Chief · Friday, October 23, 2026 at 7:33 PM · 1 min read
After previous day’s slump, trading is quieter among AI shares — KFGO, New York Technology news
Image: KFGO

By Caroline Valetkevitch NEW YORK, Oct 23 (Reuters) Big AI stocks were mixed on Friday, a day after the biggest decline in the Nasdaq Composite Index in four months, giving investors a welcome respite as they look forward to more information on Anthropic s forthcoming IPO and a further wave of earnings over the next week. Meta Platforms, ​the center of Thursday s storm, was fractionally lower following Thursday s 7% decline. The operator of social media networks and ‌major AI investor said in its earnings report this week that it would create a new class of shares in part to raise money for further capital spending, which was taken as evidence that the next leg of the AI buildout will be costly for shareholders. Other major AI players were mixed on Friday, with SpaceX, Oracle and Dell Technologies up 1% to 2% and Nvidia, Alphabet and Amazon down less than 1%. Big semiconductor stocks were mostly ‌higher ​after their largest decline since the summer on Thursday. Credit default swaps t

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