What are today's top business/market headlines?

Here are today's top business and market headlines (October 13, 2026):

Markets

•A selloff in technology stocks on Wall Street extended into Asia, with losses in the artificial intelligence trade — one of the market's hottest corners this year. Oil declined. MSCI's Asia Pacific equities gauge dropped 2%, set for its weakest close since August.

•Chip stocks in South Korea and Taiwan — barometers for the AI trade — tumbled as concerns over Chinese rivals prompted investors to rotate out of the sector, with SK Hynix, Samsung Electronics and Taiwan Semiconductor all retreating.

•Monday's close: The S&P 500 and Nasdaq Composite finished lower, falling 0.06% and 0.44% to 7,807.24 and 27,245.90, respectively, while the Dow finished higher.

•Earnings season kicks into gear: Expected earnings today from JPMorgan Chase, Goldman Sachs, Wells Fargo, Citigroup, UnitedHealth Group, Johnson & Johnson, and Domino's Pizza, along with existing home sales data for September.

Corporate News

•Starbucks says it is not buying Chipotle after takeover speculation.

•Bumble is reportedly in talks to be taken private for $1 billion, which Yahoo Finance describes as a "humbling fall from IPO" for the dating app.

•The FAA warned U.S. airlines of safety risks over Saudi Arabia after attacks, and Delta cut its 2026 forecast on a fuel surge, though its CEO says demand remains strong.

•Albertsons is seeking more than $9 billion over its busted merger deal with Kroger.

Geopolitics & Energy

•Global travel warnings have been issued after Iran-backed Houthi militants struck the Riyadh airport.

•Oil prices have been volatile amid the attacks — oil rose as Saudi Arabia vowed a response to the attacks.

•A Nobel prize in economics was awarded to Robert E. Hall and Michael Woodford.

Tech

•Meta released new AI models, "Muse" and "Wonder," as part of its push to keep pace with rivals, with Mark Zuckerberg saying Meta has reached AI "frontier."

Cybersecurity

•A cyberattack caused supermarket freezers to defrost in France, spoiling food at hundreds of stores.

Let me know if you'd like more detail on any of these stories.

Citations (10)

1bloomberg.comNews and mediaquality 0.84
Stock Market Today: Dow, S&P Live Updates for October 13 - Bloomberg
Source excerpt: “October 12, 2026 at 10:04 PM UTC Updated on October 13, 2026 at 1:56 AM UTC A selloff in technology stocks on Wall Street extended into Asia, with ...”
2bloomberg.comNews and mediaquality 0.84
Stock Market Today: Dow, S&P Live Updates for October 13 - Bloomberg
Source excerpt: “Chip stocks in South Korea and Taiwan — barometers for the AI trade — tumbled as concerns over Chinese rivals prompted investors to rotate out of the ...”
3cnbc.comNews and mediaquality 0.85
Stock market news for Oct. 12, 2026
Source excerpt: “S&P 500 futures are flat ahead of bank earnings; South Korea's Kospi falls below 6,000: ... # S&P 500 closes near flat, pressured by higher oil price...”
4schwab.comCompanies
Bracing for Busy Week: Bank Earnings, CPI Ahead
Source excerpt: “October 13: Expected earnings from JPMorgan Chase (JPM), Goldman Sachs (GS), Wells Fargo (WFC), Citigroup (C), UnitedHealth Group (UNH), Johnson & Joh...”
5cnbc.comNews and mediaquality 0.85
Business News
Source excerpt: “# Business News Starbucks says it is not buying Chipotle after takeover speculation Starbucks says it is not buying Chipotle after takeover speculati...”
6news.google.comNews and mediaquality 0.79
Google News - Business - Latest
Source excerpt: “Models 6 hours ago By Eli Tan CNET More Meta Launches Muse and Wonder AI Models to Play Catch-Up With Rivals 6 minutes ago By Antuan Goodwin F...”
7yahoo.comNews and mediaquality 0.69
Yahoo Finance - Stock Market Live, Quotes, Business & Finance News
Source excerpt: “# Yahoo Finance ## Top Stories - Bumble's reported $1 billion sale talks mark humbling fall from IPO Bumble's reported $1 billion sale talks mark humb...”
8cnbc.comNews and mediaquality 0.85
International Business, World News & Global Stock Market Analysis
Source excerpt: “Evercore ISI says the stock is a buy - 1 Hour Ago Global travel warnings after Iran-backed Houthi militants strike Riyadh airport - 1 Hour Ago Biogen ...”
9cnbc.comNews and mediaquality 0.85
International Business, World News & Global Stock Market Analysis
Source excerpt: “Watch these warning signs ## Trending Now ## Markets ### Special Reports - 1 Stocks making the biggest moves premarket: Salesforce, First Solar, Bi...”
10news.google.comNews and mediaquality 0.79
Google News - Business - Latest
Source excerpt: “# Business A Starbucks-Chipotle deal would be a high-stakes bet on Brian Niccol’s magic touch 13 hours ago By Joe Ciolli See more headlines & persp...”