Nov 1, 2026
Exxon, Chevron Buck Wall Street Rout as AI Fears Hammer Tech Stocks
Exxon Mobil and Chevron advanced after reporting stronger-than-expected summer profits, offering a rare bright spot as technology shares drove a sharp U.S. equity selloff. The Nasdaq Composite fell 2.86% Friday after Intel and Amazon results intensified concerns about AI spending and returns.

