This article first appeared on GuruFocus .
Intel Corp. ( INTC , Financials ) and other semiconductor companies were in the spotlight as investors searched for indications of a recovery after Thursday's severe technology selloff.
U.S. stock futures were indecisive ahead of the October jobs data, which may shape expectations for interest rates and broader demand for the market.
Also on investors' radar screens were Advanced Micro Devices and SanDisk after recent setbacks in the semiconductor industry.
The sale has prompted issues about valuations and the speed of investing on A.I. infrastructure. But profits reflected a different story for certain technology-related enterprises.
Cloudflare topped quarterly revenue estimates and lifted its yearly prediction, while Airbnb posted increased bookings and a stronger outlook.
Those results underscored ongoing demand for cloud services and travel, even amid broader market turmoil.
For semiconductor investors, the immediate question is whether the drops Thursday were a momentary correction of valuations or a reflection of deeper worries about the outlook for growth.
The next trigger is the October U.S. employment report and how the market interprets it for interest rates and technology spending.
