Market Open: Stocks Rebound After Last Week's Slide, Semiconductor Stocks Recover, Supermarket Giants Back In Court 10-19-2026

0:02I'm Peter Schacknow, CNBC. Stocks have opened mostly higher following the worst week for both the S &P 500 and NASDAQ since late June. That slide was caused by overriding concerns over artificial intelligence companies, which seem to have abated somewhat this morning. The Dow is down 43 points at 51 ,960, the S &P 500 adding half a percent, 41 points, the NASDAQ rebounding by 1.1 percent, or about 278 points. One of the key concerns last week was slowing revenue growth for AI company Anthropic. But Gil Loria, head of technology research at DA Davidson, says growth is still growth. That means AI investments are going to continue.

0:39And that's good for your Microsoft, your Amazon and Google, because they're going to be the ones serving it. And they're going to be buying chips primarily from NVIDIA, Broadcom, Micron. The good news is that all the companies I just listed are trading close to a market multiple or below. That's the AI trade. Which model ends up winning is actually of little consequence.

1:24morning after a rough stretch. The iShares Semiconductor ETF, which has been down the past nine sessions in a row, is up nearly 4 % this morning. Supermarket chain Albertsons is in court today, trying to make a case why rival Kroger should pay it more than$8 billion for ending a nearly$25 billion merger deal two years ago. Peter Schachnow, CNBC. Real talent is defined by what people can do, not where they learn to do it. So by stopping at the education section of a resume, you might throw away the perfect hire. Skills First Hiring helps you see talent others miss, like more than 70 million stars, skilled through alternative routes.

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