CNBC says Anthropic’s Nasdaq path 'just got a lot bumpier'

cnbc.com reported that concerning projections from hyperscalers punished tech stocks and pushed the Nasdaq to its first three-week losing streak since March.

MarketAlleys Research Desk

Published Oct 31, 2026, 12:43 PM UTC · 3 min read

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Illustration for: CNBC says Anthropic’s Nasdaq path 'just got a lot bumpier' — Illustration (AI-generated) — not a photograph of the events described.

What happened

Cnbc.com reported on Oct 31, 11:00 UTC that "Anthropic's path to the Nasdaq just got a lot bumpier."

The article said, "Concerning projections from hyperscalers this week punished tech stocks and pushed the Nasdaq to its first three-week losing streak since March." The report names Anthropic, hyperscalers, tech stocks and the Nasdaq as the subjects of its coverage.

Indices market context

As of Oct 30, 20:00 UTC, major equity ETFs were mostly lower. The QQQ ETF (tracks Nasdaq 100) fell 3.47% from the prior close to $690.49; the SPY ETF (tracks S&P 500) fell 1.77% from the prior close to $755.72; the DIA ETF (tracks Dow Jones Industrial Average) fell 1.07% from the prior close to $517.13; the IWM ETF (tracks Russell 2000) fell 1.65% from the prior close to $279.33. The VIXY ETF (tracks CBOE Volatility Index) rose 10.50% from the prior close to $18.41.

Instrument	Last	Change	Basis	As of	Source
S&P 500 (via SPY ETF)	$755.72	-1.77%	vs prior close	Oct 30, 20:00 UTC	Finnhub
Nasdaq 100 (via QQQ ETF)	$690.49	-3.47%	vs prior close	Oct 30, 20:00 UTC	Finnhub
Dow Jones Industrial Average (via DIA ETF)	$517.13	-1.07%	vs prior close	Oct 30, 20:00 UTC	Finnhub
Russell 2000 (via IWM ETF)	$279.33	-1.65%	vs prior close	Oct 30, 20:00 UTC	Finnhub
DAX 40 (via EWG ETF)	$41.88	-1.25%	vs prior close	Oct 30, 20:00 UTC	Finnhub
FTSE 100 (via EWU ETF)	$47.83	+0.27%	vs prior close	Oct 30, 20:00 UTC	Finnhub
Nikkei 225 (via EWJ ETF)	$92.91	-2.14%	vs prior close	Oct 30, 20:00 UTC	Finnhub
CBOE Volatility Index (via VIXY ETF)	$18.41	+10.50%	vs prior close	Oct 30, 20:00 UTC	Finnhub

Timesofindia.indiatimes.com reported that more than $2 trillion in market value is set to be wiped from the Nasdaq 100 this month. businessinsider.com reported that the tech trade was hammered on Friday as investors fled Intel and Amazon shares. Yahoo reported that disappointing earnings from Alphabet, Amazon and Intel are renewing fears that the AI trade could unravel.

Anthropic's path to the Nasdaq just got a lot bumpier — cnbc.com, Oct 31, 11:00 UTC
Nasdaq bleeds: Faces $2 trillion wipeout in October — timesofindia.indiatimes.com, Oct 30, 22:29 UTC
Nasdaq plunges after dismal earnings from Amazon and Intel — businessinsider.com, Oct 30, 13:36 UTC
Tech stocks crushed as Nasdaq tumbles more than 600 points — Yahoo, Oct 30, 19:09 UTC
Bloom Energy Just Joined the S&P 500. Here's What History Says Happens Next. — Yahoo, Oct 30, 19:15 UTC

Sources and data

cnbc.com (secondary source) — Anthropic's path to the Nasdaq just got a lot bumpier
timesofindia.indiatimes.com (secondary source) — Nasdaq bleeds: Faces $2 trillion wipeout in October
businessinsider.com (secondary source) — Nasdaq plunges after dismal earnings from Amazon and Intel
Yahoo (secondary source) — Tech stocks crushed as Nasdaq tumbles more than 600 points
Finnhub (market data) — market data
U.S. Treasury and Federal Reserve Board via FRED (primary source) — Yields and dollar index
Bank of England (primary source) — calendar
U.S. Bureau of Labor Statistics (primary source) — calendar
U.S. Energy Information Administration via FRED (primary source) — calendar
Federal Reserve (primary source) — calendar

Market data as of Oct 30, 20:00 UTC; report generated Oct 31, 12:40 UTC. All times are UTC. Each table row shows its own timestamp and provider.

This report was produced by the MarketAlleys Research Desk using automated data processing and language tools from the sources listed above, and checked against our automated-content validation rules. It is for information only and is not investment advice.

Terms in this article

Lot
The standard trade size in forex: a standard lot is 100,000 units of the base currency, a mini lot 10,000 and a micro lot 1,000.
Full definition Learn more in Currency Conquest
Exchange-traded fund (ETF)
A fund that trades on a stock exchange like a share, usually tracking an index, sector, commodity or strategy.
Full definition Learn more in Crypto Canvas
S&P 500
A float-adjusted, market-cap-weighted index of about 500 leading US companies selected by a committee at S&P Dow Jones Indices.
Full definition Learn more in Index Insight
Price-to-earnings ratio (P/E)
Share price divided by earnings per share.
Full definition Learn more in Index Insight
Dow Jones Industrial Average
A price-weighted index of 30 large US blue-chip companies, first published in 1896 and one of the oldest stock market indices.
Full definition Learn more in Index Insight

Sources & data

cnbc.com (secondary, retrieved Oct 31, 2026, 12:43 PM UTC)
timesofindia.indiatimes.com (secondary, retrieved Oct 31, 2026, 12:43 PM UTC)
businessinsider.com (secondary, retrieved Oct 31, 2026, 12:43 PM UTC)
Yahoo (secondary, retrieved Oct 31, 2026, 12:43 PM UTC)
Finnhub (market-data, retrieved Oct 31, 2026, 12:43 PM UTC)
U.S. Treasury and Federal Reserve Board via FRED (primary, retrieved Oct 31, 2026, 12:43 PM UTC)
Bank of England (primary, retrieved Oct 31, 2026, 12:43 PM UTC)
U.S. Bureau of Labor Statistics (primary, retrieved Oct 31, 2026, 12:43 PM UTC)
U.S. Energy Information Administration via FRED (primary, retrieved Oct 31, 2026, 12:43 PM UTC)
Federal Reserve (primary, retrieved Oct 31, 2026, 12:43 PM UTC)

Market data as of Oct 30, 2026, 08:00 PM UTC.

This report was produced by the MarketAlleys Research Desk using automated data processing and language tools, built only from the cited sources and validated by rules described in our methodology. Spot an error? Request a correction.

Ask about this story

Questions are answered only from this article and the sources it cites.

MarketAlleys provides news and analysis for information only; it is not investment advice or a recommendation to buy or sell any security. Markets involve risk. Risk disclaimer.

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