MicroSectors

No more Cybertruck? Tesla plans to wind down Cybertruck production by mid-2027 to make room for the Cybercab. Its delivery numbers show how far sales had fallen. Tesla doesn't report the Cybertruck on its own. It's counted with the Model S and X as "Other Models." That group

Taiwan's stock market is mostly AI supply chain. Seven AI stocks make up 42% of the iShares MSCI Taiwan ETF $EWT , and TSMC $TSM alone is 22%. So when chip stocks had their second-worst day since 1994 on Thursday, Taiwan had its worst. TSM's US shares fell 10.8%, and EWT fell

At 9:35 a.m., 8 of the 11 S&P 500 sectors were up. By 11:40 a.m., none were. Staples and energy held out the longest. Tech, industrials and consumer discretionary never saw green. All 11 closed down. The S&P 500 fell 4.4%, and chip stocks fell 12.2%, their second-worst day

Chips down 10.7%. That's the 4th-worst day since 1994; only March 16, 2020, April 14, 2000 and March 12, 2020 were worse. MicroSectors @msectors Nov 5 Chip stocks are down 7.4% this morning. If today holds, it will be the 11th day this year the PHLX Semiconductor Index has fallen 5% or more. That is already more than all of 2020 (10) and 2022 (8). Since 1994, only four years had more: 2000 (31), 2001 (29), 2002 (25) and

Ticker change: starting November 12, the MicroSectors™ Gold 3X Leveraged ETNs ( $SHNY ) will trade under a new ticker, $GLLD . Only the ticker symbol is changing. The ETNs keep all other terms, including +3X leveraged exposure to the daily performance of the SPDR® Gold Shares