🔴 Futu Holdings is trading 10.6% down today amid chip and data-center stock losses

Futu Holdings is trading 10.6% down at $87.54 on November 5, 2026, amid a sharp U.S. market selloff.

• Reuters reported heavy chip and data-center stock losses as investors reassessed AI regulation and infrastructure risks after the midterm results.
• Qualcomm’s weaker smartphone-chip sales outlook added pressure to the sector; no specific company event explaining the decline was identified.
• Futu Holdings announced it will report third-quarter results November 19, but that announcement does not explain today’s move.