Daily Market Report – October 8, 2026
Markets
Concerns about revenue development in the AI sector and higher oil prices pressured the S&P 500 (SPX) down 0.60 percent to 7,755 points. The Nasdaq 100 (NDX) lost 1.62 percent to 30,655 points. The DAX (DAX) closed 1.18 percent lower at 24,807 points, while the Hang Seng (HSI) decreased by 2.04 percent to 23,786 points. The yield on ten-year US Treasury bonds (US10Y) fell by 5 basis points to 5.23 percent after an auction of thirty-year securities met with strong demand. Attacks on tankers and reduced transportation through the Strait of Hormuz increased Brent crude oil (UKOIL) by 4.01 percent to $104.22 per barrel.
Company
Oracle (ORCL) lost 5.75 percent to $135.31. Previously, reports indicated a weaker revenue growth from OpenAI than previously signaled and referred to a provisional gas supply for data centers. Intel (INTC) fell in the sell-off of AI and semiconductor stocks by 6.34 percent to $105.95. TSMC (TSM) reported rising September revenues and reportedly agreed with GlobalFoundries on a five-year manufacturing contract worth $2 billion. The US government excluded Microsoft (MSFT) from a program that supports foreign employees in applications for permanent residency. Alphabet (GOOGL) introduced a Gemini agent for enterprise customers, thereby intensifying competition for AI applications in the workplace.
Apple (AAPL) announced the presentation of new products for the connected home on October 13 and simultaneously reshuffled the leadership for mergers and acquisitions. Block (XYZ) came under pressure due to an investigation by the US consumer protection agency regarding frozen or deactivated customer accounts. Uber (UBER) came into focus following its withdrawal from Nigeria. Now, the mobility financier Moove, also supported by Uber, wants to leave the country as well.
Starbucks (SBUX) is reportedly considering an acquisition of Chipotle Mexican Grill, whose market value is estimated at 41 billion dollars. Volkswagen (VOW3) is facing a risk that has increased to 855 million euros in the British car loan scandal, according to reports. EasyJet (EZJ) has removed an additional 700,000 seats from its winter flight schedule due to higher costs.
Goldman Sachs (GS) is reportedly preparing special compensation totaling 500 million dollars for executives from a five-year stock program. Nestlé (NESN) received a notice from the Indian food authority regarding disputed advertising claims for a GLP-1 dietary supplement. Philip Morris (PM) rose by 5.09 percent to 202.49 dollars.
Macroeconomics
According to the Fed, the president of the regional Federal Reserve Bank of St. Louis, Alberto Musalem, stated that higher interest rates are necessary in the next six to nine months to bring inflation down to 2 percent. According to the White House, technology companies pledged $2.4 billion for scientific AI research. At the same time, the government tightened immigration rules for employees of several technology companies. The ECB came into focus in the debate about interventions in the bond market due to larger risk premiums within the Eurozone.
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*Created on 10/08/2026 / 15:13 (Europe/Berlin)*