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The Nasdaq 100 officially slipped into correction territory on Tuesday, falling more than 10% from its early June record high as the AI-driven sell-off deepened on mounting concerns over rising competition from China. The memory sector has been at the heart of July’s rout. SanDisk Corp. (NASDAQ: SNDK ) — the S&P 500’s
Stock futures are mixed this morning as investors brace for a pivotal stretch of earnings and the start of the Federal Reserve's two-day policy meeting, with renewed concerns over artificial intelligence spending and rising competition from Chinese chipmakers weighing heavily on technology shares. The semiconductor sec
Top technology stocks plunged after releasing their second-quarter results. Tesla (NASDAQ: TSLA ) fell to $306, its lowest level since August 4 and down 39% from its all-time high. The stock retreated after its earnings per share missed analysts’ estimates and after the company recorded negative free cash flow. Intel,
Alphabet Inc. (NASDAQ: GOOG ) (NASDAQ: GOOGL ) just erased $294 billion in market value in a single session — roughly the size of an entire Palantir Technologies Inc. The 7.1% plunge marked Alphabet’s worst trading day since May 2025 and the largest one-day destruction of shareholder value in the company’s history. The
U.S. stocks extended their slide on Thursday as Brent crude vaulted above $100 a barrel and the 10-year Treasury yield climbed to an 18-month high, while concerns over Alphabet Inc.’s (NASDAQ: GOOGL ) rising AI capital expenditures overshadowed an otherwise strong quarterly report and added to investor unease following
Applied Optoelectronics, Inc. (NASDAQ: AAOI ) just suffered one of its worst trading sessions of 2026. It still happens to be outperforming Nvidia Corp (NASDAQ: NVDA ) by more than 200 percentage points this year. Shares of the AI networking company plunged 17% Thursday after Meta Platforms, Inc. (NASDAQ: META ) CEO Ma
The Roundhill Magnificent Seven ETF (MAGS) has plunged by 13.47% from its year-to-date high, with outflows jumping to over $607 million in the last six months
Nasdaq Composite posts its sharpest weekly decline in months, weighed down by weakness in mega-cap technology stocks
GOOGL and MSFT stocks plunge up to 6% on Monday amid concerns about AI hyperscalers