US semiconductor stocks plunge 9% as investors unwind AI trades
US semiconductor stocks fell sharply on November 5, 2026, as the Philadelphia Semiconductor Index (NASDAQ:SOX) declined approximately 9%, following a selloff that briefly exceeded 11%.
US semiconductor stocks fell sharply on November 5, 2026, as the Philadelphia Semiconductor Index (NASDAQ:SOX) declined approximately 9%, following a selloff that briefly exceeded 11%.
Lamar Advertising (NASDAQ:LAMR) reported third-quarter 2026 revenue of $624.5 million, up 6.6% year over year, while net income increased 14.5% to $165 million.

Lemonade (NYSE:LMND) reported third-quarter 2026 revenue of $336.1 million, up from $194.5 million a year earlier, while its GAAP net loss reached $43.7 million, or $0.56 per share.

Becton, Dickinson and Company (NYSE:BDX) reported fiscal fourth-quarter 2026 revenue of $5.274 billion, up 5.4% year over year, while adjusted diluted earnings per share increased 27.3% to $4.15.

Cummins (NYSE:CMI) reported third-quarter 2026 net income of $1.14 billion, or $8.25 per diluted share, as revenue increased 13% year over year to $9.44 billion.
Six Flags Entertainment (NYSE:FUN) reported third-quarter 2026 net revenue of approximately $1.17 billion for the period ended September 27, down 11% year over year on a reported basis but up 1.4% on a same-park basis.
EPAM Systems (NYSE:EPAM) reported third-quarter 2026 revenue of $1.426 billion, up 2.3% year over year, while GAAP diluted earnings per share increased 32.5% to $2.53.
Molson Coors Beverage (NYSE:TAP) reported third-quarter 2026 net sales of $2.93 billion, down 1.6% year over year, while underlying diluted EPS fell 12.6% to $1.46.
ACI Worldwide (NASDAQ:ACIW) reported third-quarter 2026 revenue of $427 million, down approximately 12% year over year but above the $421.76 million analyst estimate.
Planet Fitness (NYSE:PLNT) reported third-quarter 2026 revenue of $360 million, up 9% year over year, while adjusted EBITDA increased to $146.2 million from $140.8 million.
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