Daily Market Updates: China's CXMT sees shares drop over 6% as investors look past chipmaker's profit turnaround

S&P 5007,765.36▼0.5% Nasdaq27,193.34▼1.2% Dow51,231.64▲0.1% Russell 2K2,794.13▲0.0% 10-Yr5.23%−5bp VIX15.41+0.33 WTI$91.10▲3.2% Gold$4,157.80▲0.4% EUR/USD1.122▼0.3% BTC$82,012▼0.0% Nikkei70,036▼0.9%

At close · Thu, Oct 8, 2026

Global Markets

Home›Global Markets›North America›China's CXMT sees shares drop over 6% as investors loo…

China's CXMT sees shares drop over 6% as investors look past chipmaker's profit turnaround

Reported · Written up by our desk · North America

CXMT shares fell over 6% on Monday after the company released its earnings forecast for the first nine months of 2026.

← Newer storyDeutsche Bank targets Asia crypto custody expansion in 2027 as German…Older story →World launches World ID suite for banks, makes Zoom deepfake check ge…

More like this

Global MarketsTSX pulls back from three-week high as financials, metal miners fall

Global MarketsUS arrests over 2 dozen in California sweep targeting alleged non-citizen voters

Global MarketsChina’s flag carrier scrambles to fly stranded passengers out of fuel-starved Cuba

Global MarketsIndonesia Was Finding Its Feet. Then Came MSCI

Global MarketsSaudi Arabia executes 2 Bangladeshis over ‘indecent acts’ in holy city of Mecca

Sources

CNBC MarketsChina's CXMT sees shares drop over 6% as investors look past chipmaker's profit turnaround

CNBC WorldChina's CXMT sees shares drop over 6% as investors look past chipmaker's profit turnaround

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.