reported on Wednesday that TSMC continued to fall 3.5%, and S&P 500 index may fall another 20%. On the previous trading day, US stock continued to fall, the Dow Jones Industrial Average fell 0.32%, the S&P 500 fell 0.75%, and the Nasdaq fell 1.04%.
Dow futures fell 3.2 points or about 0.01% to 29,199.70 points; S&P 500 futures fell 4.4 points or about 0.12% to 3,608.00 points; Nasdaq 100 index futures fell 20.2 points or about 0.18% to 10,906.80 points.
Adobe (NASDAQ:ADBE) rose 0.26%, and sources said Cathie Wood's Ark Next Generation Internet ETF bought 23,605 shares of Adobe stock on Monday. Previously, Adobe announced the acquisition of design software company Figma for approximately $20 billion in cash and stock.
air taxi startup Joby Aviation (NYSE:JOBY) rose 17.14%, and Delta Air Lines (NYSE:DAL) announced a $60 million equity investment in Joby Aviation.
Cybersecurity company Zscaler (NASDAQ:ZS) remained flat after the company announced that Amit Sinha resigned as president, effective October 21.
American Airlines Group (NASDAQ:AAL) rose 4.07%, and the company expects total revenue in the third quarter to increase by 13% over the same period in 2019, and total revenue per available seat mile increased by about 25% over the same period in 2019.
Roblox (NYSE:RBLX) fell 4.46%, and Barclays gave the stock a rating of reducing holdings, saying the company was a major beneficiary of the pandemic, but now the penetration rate is already very high, posing a challenge to growth.
Warner Music (NASDAQ:WMG) rose 2.06%, and Goldman Sachs gave a buy rating , citing the growth of subscription business, advertising-supported music streaming business and licensing business.
