Wall Street Earnings, Sliding Chip Stocks Keep Bitcoin’s Price at Bay

Wall Street has been struggling to find its footing on Tuesday, Oct. 13, 2026, as disappointing JPMorgan Chase earnings collided with another semiconductor selloff. Goldman Sachs delivered a blockbuster quarter, but chip stocks continued losing ground amid mounting concerns over artificial intelligence (AI) spending and Chinese competition. Meanwhile, bitcoin’s price clawed its way back above $83,400 after a punishing liquidation wave erased hundreds of millions of dollars in leveraged positions. Wall Street had two problems on Tuesday. America’s biggest banks couldn’t agree on whether business was booming, and the semiconductor industry was having another miserable day.

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