Business & Markets — October 15, 2026

Apple closes above $5 trillion. Apple became the second company ever to close with a market value above $5 trillion Wednesday, following Nvidia's milestone last year.

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CEO confidence turns negative. CEO confidence in the U.S. economy fell into negative territory this month, a new Conference Board survey found, signaling growing pessimism among executives.

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Six Flags faces financial strain. Six Flags closed coasters across its fleet after a fatal accident on Georgia's Goliath ride; Forbes reports the closures could push the company toward financial crisis.

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AI stock sell-off deepens. Global chip and AI shares fell again Thursday on inflation and funding worries. TSMC reported record Q3 profit and Anthropic disclosed $16.8 billion in quarterly revenue -- strong results that failed to calm markets.

The declines hit chipmakers broadly, with Nvidia, AMD and Micron among the names falling, according to CNBC. Anthropic's revenue figure was disclosed ahead of a planned initial public offering, adding a notable data point for investors weighing AI-sector valuations. The slide accelerated despite the earnings news from TSMC, suggesting concerns about inflation and how AI buildouts are funded are outweighing company-level results for now.

CNBC · Read more →