Software and Chip Stocks Fall in Broad Tech Selloff
Software and semiconductor stocks fell Friday as AI and interest-rate fears weighed on technology shares. Salesforce closed down 2%.
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Software and semiconductor stocks fell Friday as AI and interest-rate fears weighed on technology shares. Salesforce closed down 2%.
(Updates prices throughout, adds oil settlement and analyst comment) S&P 500 and Dow gain; Nasdaq edges higher FedWatch shows implied October 28 hike odds at 27%, hold at 73% Dollar retreats from 18-month peak Shares in Korea and Japan hammered by AI nerves By Chibuike Oguh NEW YORK, Oct 15 (Reuters) — Global equity ma
U.S. stocks diverged by midday Thursday: the Dow gained about 459 points to 52,080, while the Nasdaq 100 fell 0.6% to about 29,783. The report cited hot inflation and rate-hike fears alongside a sell-off in chip and AI-hardware stocks.
(New throughout, updates with US markets, adds analyst comment) Nasdaq falls, S&P 500 and Dow gain FedWatch shows implied October 28 hike odds at 27%, hold at 73% Dollar retreats from 18-month peak Shares in Korea and Japan hammered by AI nerves By Chibuike Oguh NEW YORK, Oct 15 (Reuters) — Global equity markets edged
ASML now expects chip-tool shortages through 2028 Customers discuss orders stretching into 2029 and 2030 Debate shifts to capacity, pricing and AI demand staying power By Toby Sterling and Nathan Vifflin AMSTERDAM, Oct 15 (Reuters) — In April, computer chip equipment maker ASML's CEO Christophe Fouquet told shareholder
Workspace search string for individual stock moves: STXBZ The Day Ahead newsletter: The Morning News Call newsletter: (.) The Nasdaq fell to near one-month lows on Thursday, weighed by a worsening selloff in AI-linked stocks on fears rising interest rates could impact artificial-intelligence investments, and fresh data
Six major memory and storage makers have lost about $1.09 trillion in combined market value since Oct. 2. SK Hynix fell 11.1% on Thursday, while Micron dropped 4.4% and SanDisk 6.6% in U.S. trading.
Applied Materials shares fell as much as 7% to around $462, extending their losing streak to six sessions. Cantor Fitzgerald reiterated its Overweight rating and $850 price target, which the article says implies roughly 85% upside from Tuesday’s price.
Stock futures rose Friday as AI-related shares recovered and oil prices fell. The rebound followed Thursday's tech selloff, while investors also looked ahead to next week's earnings season and later U.S. consumer sentiment data.
The Nasdaq composite fell 1.3% in a mixed session as AI-related shares slid after reports of lower-than-expected OpenAI revenue. Oil prices rose after President Donald Trump's remarks on the Middle East war, while Federal Reserve Gov. Christopher Waller said additional rate hikes may be needed.
Shares of technology companies slipped from record highs on interest-rate concerns, with specific movers including Hewlett Packard Enterprise, SpaceX and AI-related headlines.
European stocks fell and the euro slipped as oil rose above $100 on renewed Middle East tensions and France's fiscal outlook weighed on sentiment. Traders also watched upcoming U.S. Treasury auctions and the Federal Reserve minutes.
Australian shares were set to rally for a third straight session on Tuesday, as falling oil prices eased inflation concerns and record Wall Street gains boosted risk appetite, lifting miners and banks. The S&P/ASX 200 index rose 0.5% to 8,729.00 by 0017 GMT.
US equities were boosted by megacap and growth stocks as Treasury yields held near multi-year highs, the dollar advanced against the euro, and oil prices eased. The Nasdaq Composite gained about 1%.
Indonesian shares tumbled 94 points, or 1.3%, to 6,064 in Tuesday morning trade, extending declines for a fourth session to their lowest since late July. Sentiment weakened as U.S. stock futures fell after Wall Street’s overnight drop, with Treasury yields hovering at multiyear highs amid renewed Middle East tensions t
Major stock indexes fell, with the MSCI world gauge down 0.83%, as oil prices resumed their rise and Treasury yields extended gains. Spot gold dropped 3.5% to a more than seven-week low.
S&P/TSX Composite Index fell 0.8% to 35,511.48 by 10:14 a.m. ET. Materials slid more than 3% as gold, silver and copper weakened, while Draganfly jumped 5.7% after investments from Unusual Machines and a U.S. fund.
Eaton (ETN) shares were down 7.01% at $395.61 in Monday trading amid concerns over hyperscale AI capex timing and broader macro volatility.