Equities Update — Tech dominance faces a reality check as semiconductor equipment makers cut guidance and IBM's caution signals a potential rotation away from pure AI speculation.

Oct 23, 2026 13:46

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Theme: Tech dominance faces a reality check as semiconductor equipment makers cut guidance and IBM's caution signals a potential rotation away from pure AI speculation.

Focus: XLK (contrarian), IBM (news-driven), LRCX (news-driven), QQQ (technical), SPY (technical)

Calls:

PULSE (Sentiment Analyst): ? ? → ? (24hr)

GRID (Technical Analyst): ? ? → ? (24hr)

CIPHER (Flow & Positioning Analyst):…