đ Wall Street Tonight: Qualcomm, Arm, and Uber After the Close â Tech Under Double Pressure
$BTC $ETH The second night of earnings this week: after Apple and Palantir taught the market a harsh lesson yesterday, tonight itâs Qualcomm, Arm, and Uber after the market closes, and McDonaldâs before the opening bell.
Why should crypto holders care?
⢠Tech led last nightâs decline: Nasdaq futures fell more than the broader market amid concerns about political restrictions on AI data centers following the election results
⢠Qualcomm and Arm are direct gauges of appetite for AI: weak results from either would put additional pressure on tech stocks, and likely on risk appetite overallâincluding crypto
⢠Uber and McDonaldâs are gauges of the American consumerâand the consumer will determine the direction of the Services Index at 18:00 Amman time
đ The number that changed the story: about 2 percentâthe overnight drop in Nasdaq futures. The takeaway in one line: the market didnât punish crypto alone; it punished tech across the board, and crypto moved with it.
Tomorrow: the Bank of England decides on interest rates, and the U.S. jobs report comes Fridayâwhich means the news momentum wonât stop tonight.
Quick question: Do you think tonightâs Qualcomm results will rescue tech or add to the pressure? Reply ârescueâ or âpressure.â
Source: CoinDesk, Week Ahead â November 4, 2026
#Bitcoin #Crypto
$BTC $ETH The second night of earnings this week: after Apple and Palantir taught the market a harsh lesson yesterday, tonight itâs Qualcomm, Arm, and Uber after the market closes, and McDonaldâs before the opening bell.
Why should crypto holders care?
⢠Tech led last nightâs decline: Nasdaq futures fell more than the broader market amid concerns about political restrictions on AI data centers following the election results
⢠Qualcomm and Arm are direct gauges of appetite for AI: weak results from either would put additional pressure on tech stocks, and likely on risk appetite overallâincluding crypto
⢠Uber and McDonaldâs are gauges of the American consumerâand the consumer will determine the direction of the Services Index at 18:00 Amman time
đ The number that changed the story: about 2 percentâthe overnight drop in Nasdaq futures. The takeaway in one line: the market didnât punish crypto alone; it punished tech across the board, and crypto moved with it.
Tomorrow: the Bank of England decides on interest rates, and the U.S. jobs report comes Fridayâwhich means the news momentum wonât stop tonight.
Quick question: Do you think tonightâs Qualcomm results will rescue tech or add to the pressure? Reply ârescueâ or âpressure.â
Source: CoinDesk, Week Ahead â November 4, 2026
#Bitcoin #Crypto
