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Alphabet's Post-Earnings Plunge Adds to Dow's 500-Point Dive
Barrons.com13d agobearish
Alphabet's Post-Earnings Plunge Adds to Dow's 500-Point Dive

Alphabet, the newest addition to the Dow, dove on its latest quarterly results and it's weighing on the blue-chip index. The Dow is down 1.1%, or 563 points. Alphabet was the worst performer in the Dow, contributing a roughly 142-point drag on the index, Dow Jones Market Data showed.

Stock Futures Fall as Oil Prices Spark Renewed Inflation Fears
Barrons.com13d agobearish
Stock Futures Fall as Oil Prices Spark Renewed Inflation Fears

Stock futures were falling ahead of the open Thursday as investors assessed rising inflationary risks from the conflict with Iran, and a flurry of earnings reports. S&P 500 futures lost 0.5% with contracts tracking the tech-heavy Nasdaq down 0.6%. Inflation is on focus again amid renewed U.S. strikes against Iran and diminishing signs of progress in peace talks.

China’s Moonshot AI Adds to Chip Investors’ Worries
The Wall Street Journal18d agobearish
China’s Moonshot AI Adds to Chip Investors’ Worries

The surprise release of a breakthrough artificial-intelligence model from China intensified a selloff in chip stocks on Friday, fueling concerns about competition in AI and massive corporate spending that underpins its build-out. Tech stocks led a Friday selloff that by late afternoon had broadened to envelop 10 of 11 sectors in the S&P 500 index. The latest trigger was China’s Moonshot AI, which unveiled its Kimi K3 large language model on Friday.

Bloomberg19d agobearish
US Equity Futures Slide as Chip Selloff Prompts Sector Rotation

(Bloomberg) -- US equity futures fell as a selloff in semiconductor stocks gathered steam, pushing investors to look for alternatives in other corners of the market. Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsGoogle Gemini Launch Delayed as Tech Falls Short of Internal GoalsBeckham’s IM8 Gets $1 Billion From General Catalyst for GrowthCIA Says AI Drones Give Russian Troops Only 30 Minutes to LiveUS Cyclospora Outbreak Tied to Taco Bell Lettuce From Mex

Chip Weakness Takes Hold, Nasdaq Stumbles
Barrons.com20d agobearish
Chip Weakness Takes Hold, Nasdaq Stumbles

Chip stock weakness was taking its toll on Thursday, and tech stocks were losing steam. The Nasdaq was down 0.6%, while the S&P fell 0.1%. The Dow looked for direction near the flatline. Memory chip stocks, like Western Digital and Micron, were some of the worst performers premarket though the chip space struggled broadly.