Causa is live.
Every weekday before the US open: why markets moved, the evidence behind each cause, and the closing price that would prove us wrong. Every call is sealed when it is published and graded in public, misses included.
Today: Intel fell 28.6% on Friday after warning it will burn cash this year, and chip stocks lost 7.2%. Gold fell 3.3% the same day as investors sold it to cover losses.
Read the edition: https://causamarkets.com/edition/2026-11-02/
Every weekday before the US open: why markets moved, the evidence behind each cause, and the closing price that would prove us wrong. Every call is sealed when it is published and graded in public, misses included.
Today: Intel fell 28.6% on Friday after warning it will burn cash this year, and chip stocks lost 7.2%. Gold fell 3.3% the same day as investors sold it to cover losses.
Read the edition: https://causamarkets.com/edition/2026-11-02/
Causa
Intel’s cash warning sinks the chipmakers, and the selling reaches gold, 2 November 2026
The Nasdaq fell 2.86% as Intel lost 28.6% on a cash warning and chip stocks dropped 7.2%. Gold fell 3.3% to its lowest settlement in a year as investors raised cash, Brent rose after mines hit tankers near Hormuz, and a $6.3 billion theft at Binance hit crypto…