Tech and bank stocks fall on Nov 5; Tesla leads declines
Major US tech and bank names closed lower in late trading on Nov 5, with outsized single-day drops among several megacaps as of 21:00 UTC.
Where prices stand
Finnhub price and move data show Tesla led the session’s declines, falling 10.77% from the prior close to $343.69; NVIDIA fell 9.26% from the prior close to $181.60. The QQQ ETF fell 6.49% from the prior close to $647.05 and the SPY ETF fell 4.41% from the prior close to $733.00. JPMorgan Chase fell 4.19% from the prior close to $337.34; Meta Platforms fell 3.96% from the prior close to $605.08; Microsoft fell 3.58% from the prior close to $535.93; Alphabet fell 2.20% from the prior close to $282.57; Amazon fell 2.19% from the prior close to $260.21; Apple fell 1.53% from the prior close to $344.17, as of Nov 5, 21:00 UTC.
| Instrument | Last | 5-session change | Latest change | As of | Source |
|---|---|---|---|---|---|
| NVIDIA | $181.60 | -7.08% | -9.26% | Nov 5, 21:00 UTC | Finnhub |
| Apple | $344.17 | +1.65% | -1.53% | Nov 5, 21:00 UTC | Finnhub |
| Microsoft | $535.93 | +4.67% | -3.58% | Nov 5, 21:00 UTC | Finnhub |
| Amazon | $260.21 | +4.49% | -2.19% | Nov 5, 21:00 UTC | Finnhub |
| Alphabet | $282.57 | -11.07% | -2.20% | Nov 5, 21:00 UTC | Finnhub |
| Meta Platforms | $605.08 | +2.86% | -3.96% | Nov 5, 21:00 UTC | Finnhub |
| Tesla | $343.69 | -4.71% | -10.77% | Nov 5, 21:00 UTC | Finnhub |
| JPMorgan Chase | $337.34 | +3.78% | -4.19% | Nov 5, 21:00 UTC | Finnhub |
In the news
SEC EDGAR published "Alphabet files Form 8-K: Other Events". Yahoo reported "JPMorgan Chase & Co. Warns a Rapid Rate Rise Could Shake the Financial System". Yahoo reported "Google could take stake in TeraWulf’s $19B AI project".
- Alphabet files Form 8-K: Other Events — SEC EDGAR, Nov 5, 21:10 UTC
- JPMorgan Chase & Co. Warns a Rapid Rate Rise Could Shake the Financial System — Yahoo, Nov 5, 17:14 UTC
- AI demand isn't going anywhere, but volatility lies ahead — Yahoo, Nov 5, 19:42 UTC
- Google could take stake in TeraWulf’s $19B AI project — Yahoo, Nov 5, 19:35 UTC
What to watch
Per finnhub, HUM Q3 2026 earnings, CHTR Q3 2026 earnings, PAGP Q3 2026 earnings, GLP Q3 2026 earnings, VST Q3 2026 earnings, FLR Q3 2026 earnings, DK Q3 2026 earnings and DCH Q3 2026 earnings are scheduled Fri Nov 6 (before the open).
- Fri Nov 6 (before the open) — HUM Q3 2026 earnings · EPS estimate -1.01
- Fri Nov 6 (before the open) — CHTR Q3 2026 earnings · EPS estimate 9.24
- Fri Nov 6 (before the open) — PAGP Q3 2026 earnings · EPS estimate 0.43
- Fri Nov 6 (before the open) — GLP Q3 2026 earnings · EPS estimate 1.63
- Fri Nov 6 (before the open) — VST Q3 2026 earnings · EPS estimate 2.99
- Fri Nov 6 (before the open) — FLR Q3 2026 earnings · EPS estimate 0.81
Sources and data
- SEC EDGAR (primary source) — Alphabet files Form 8-K: Other Events
- Yahoo (secondary source) — JPMorgan Chase & Co. Warns a Rapid Rate Rise Could Shake the Financial System
- Finnhub (market data) — market data
Market data as of Nov 5, 21:00 UTC; report generated Nov 5, 21:50 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
Price-to-earnings ratio (P/E)
Share price divided by earnings per share.
Exchange-traded fund (ETF)
A fund that trades on a stock exchange like a share, usually tracking an index, sector, commodity or strategy.
Volatility
The size and speed of price changes, commonly measured as the annualised standard deviation of returns.
Earnings per share (EPS)
A company's net profit attributable to ordinary shareholders divided by its average number of shares.
Sources & data
- SEC EDGAR (primary, retrieved Nov 5, 2026, 09:51 PM UTC)
- Yahoo (secondary, retrieved Nov 5, 2026, 09:51 PM UTC)
- Finnhub (market-data, retrieved Nov 5, 2026, 09:51 PM UTC)
Market data as of Nov 5, 2026, 09:00 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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