The HAB Report Weekly

Every Friday: what drove the market, things to watch, and the week ahead.

1. Week of Nov 2–6, 2026LatestDemocrats took Congress. Chips took the hit.Stocks rallied the day after the midterms. A day later the chip index had its worst day since March 2020, as investors weighed what new lawmakers and governors could mean for data centers. Friday's jobs report then beat forecasts by nearly 100,000.
2. Week of Oct 26–30, 2026The Fed waited. Big Tech paid. Then came the heist.The Fed held and stocks barely blinked. Then the earnings came: Alphabet had its worst day ever, Intel fell 29% on its forecast, and Binance lost $6.3 billion in the biggest crypto theft on record.
3. Week of Oct 19–23, 2026AI debt fears meet $117 oilThe rally made it to Wednesday. Then CoreWeave's borrowing costs, a sharp selloff in chip stocks and a widening Middle East war took it back.