US AI Regulation in Focus, US Stocks Mixed, Qualcomm Falls 13%

TechFlow reports that on November 05, according to Bitget market data, US stocks opened with the Dow rising 0.56%, the S&P 500 falling 0.13%, and the Nasdaq falling 0.8%. Concerns that a US blue wave could lead to stricter AI and data center regulation weighed on tech stocks. Qualcomm (QCOM.O) fell 13%, AMD (AMD.O) fell 7%, Micron Technology (MU.O) fell 4.9%, Tesla (TSLA.O) fell 3.5%, and SpaceX (SPCX.O) fell 4%. The Nasdaq Golden Dragon China Index rose 2.5%.

Source: TechFlow