Stocks @ Night is a daily newsletter delivered after hours, giving you the first information about tomorrow and the last information about today. Sign up for free to receive it straight to your inbox. Here’s what CNBC TV producers were watching for in the Nasdaq Composite Index’s decline in early November, and what they’re watching for next session. Apple consumer technology giant beat expectations in its fiscal fourth quarter. The company expects annualized revenue growth in the range of 7% to 10% for the December quarter. However, Apple stock is falling even after hours. CNBC’s Jim Cramer warned that “share prices are likely to fall in the short term” due to concerns that the company won’t grow as fast as investors hope. Apple’s Greater China business grew 21%, according to CNBC’s Kif Lesswing, who monitored the earnings call. For more on Apple’s earnings and stock price reaction, start Tuesday at 5 a.m. ET on “Wake Up Call” with Morgan Brennan. The stock is down 4% from last month’s high. AAPL 1D Mountain Apple Stock Over the Past Day The Nasdaq 100 Index is currently down nearly 11% from its October 6 high. Over the past five sessions, the Nasdaq 100 has fallen 4.4%. Tech and Communication Services The S&P Communication Services sector, which includes giants like Alphabet, Netflix and Disney, is currently down 22% from its May high. The sector fell 7.4% over the week. S&P Tech is currently down 12% from its October 6 high and is down almost 6% in one week. Vistra and the Midterm Elections CNBC Superstar and Senior Executive Producer Max Myers highlighted Vistra’s decline and the rise in Democratic support in the midterm elections. Myers’ theory is that as the odds of a Democratic victory increase, investors are becoming more nervous about some of the artificial intelligence trades. This includes Vistra, which powers the data center. As of Monday afternoon, Carsi said Democrats had a 74% chance of winning the U.S. Senate, a record high. Vistra is currently down 31% from its high in November of last year, and down almost 4% in one month. The Global The iShares U.S. Digital Infrastructure & Real Estate ETF (IDGT) has fallen 21% from its high and is down 9.4% for the month. IDGT 1M Mountain Over the Past Month iShares US Digital Infrastructure and Real Estate ETF (IDGT) Big Gains Before the ‘Squawk Box’ Bell Pfizer is up 22% in 3 months. Stocks hit new highs on Monday. DuPont rose 3% in three months. The stock is down 10% from its February high. “Closing Bell: Big Gains After the Overtime” Bell Amgen rose 21% in three months. The stock price hit an all-time high last week. AMD has fallen about 2% in three months. The stock is down 29% from last month’s high. The block is down 5% in three months. The stock is down 11% from its August high. Shares have risen 50% since late February, when founder and CEO Jack Dorsey announced he would begin a major layoff program. Disclosure: CNBC and Kalsi have a commercial relationship that includes customer acquisition and minority investment.
