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Chip maker Intel slid 1.9% and chips and networking company Marvell declined 2%. Coherent, Corning, Dell, and Micron also got caught up in the selloff.Wolfspeed surged 16% after it landed a financing deal with the Pentagon. The Defense Department will give the company $1.5 billion in long-term 30-year financing, contingent on it producing silicon carbide materials and other power devices in the U.S.Applied Digital rose 3.6% after the data-center operator reported a narrower first-quarter loss than analysts were expecting, as the AI boom helped its revenue to surge 322% from a year ago.Levi Strauss slid 0.1% after the denim maker beat third-quarter earnings estimates and raised its full-year outlook, though a sizable portion of the profit growth came from tariff refunds.Soft drinks and snacks 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Chatter: Alphabet's Isomorphic Labs Seeks to Raise up to $50 Billion in Funding Round","url":"https://stock-news.laohu8.com/highlight/detail?id=2673024680","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2673024680?lang=en_us&edition=fundamental","pubTime":"2026-10-08 15:55","pubTimestamp":1791446122,"startTime":"0","endTime":"0","summary":"Alphabet's  drug startup Isomorphic Labs is in early talks to raise new funds at a valuation of $40 billion to $50 billion, Bloomberg reported Thursday, citing unnamed people familiar with the matter.The company, spun off from DeepMind, seeks to reduce the time to develop new drugs, the report said. It has already formed partnerships with Eli Lilly  and Novartis , the report added.Isomorphic Labs did not immediately reply to MT Newswires' request for 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Analysts polled by FactSet expect revenue of NT$1.45 trillion.A year earlier, the company posted Q3 revenue of NT$989.92 billion.The company, which is scheduled to report its Q3 results on Oct. 15, did not immediately respond to MT Newswires' request for 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Falls Over 300 Points As Treasury Yields Surge: Investor Sentiment Weakens, Fear & Greed Index Remains In ‘Neutral’ Zone","url":"https://stock-news.laohu8.com/highlight/detail?id=2673243000","media":"Benzinga Earnings","labels":["express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2673243000?lang=en_us&edition=fundamental","pubTime":"2026-10-08 15:50","pubTimestamp":1791445809,"startTime":"0","endTime":"0","summary":"Market sentiment slipped but stayed neutral as U.S. stocks fell amid rising Treasury yields; mortgage applications declined for a fifth 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