Chip stocks lost close to 10% in six sessions after one OpenAI revenue report, yet TSMC says AI demand still outruns supply. Is the AI chip boom slowing?

Rising rates, softer hiring and a stronger AI cycle shape the Q4 2026 market outlook, putting yields, oil, Japan and AI guidance in focus.

The Fed, ECB and BOJ all hiked, yet markets barely flinched. Is higher for longer the new global regime? What it means for yields, stocks, the yen and gold.