Nasdaq to Lead US Stocks Lower as Chip Sell-off Deepens; Netflix Disappoints | NASDAQ:NFLX, XETRA:NFC

Proactive Investors20:00

Chart Preview | Earnings Season for U.S. Tech Giants Is Here! Tesla and Google to Report Next Week—Can Strong AI-Driven Profits Continue to Support Stock Prices?

With U.S. equity valuations remaining elevated, earnings season could turn into a genuine 'two-way bloodbath'—beating earnings expectations no longer guarantees a stock price increase, and even minor missteps may trigger severe market penalties, as investors’ tolerance for profit shortfalls has reached a historic low.

Futu News10:58

The Semiconductor Selloff Is Going From Bad to Worse -- WSJ

WSJ18:09

In response to claims of collapse, Altman acknowledged that OpenAI had underperformed over the past 12 months, saying, 'It's mostly my fault.'

OpenAI CEO Sam Altman publicly acknowledged that the company's performance over the past year fell short of expectations, attributing primary responsibility to himself, and stated that the next 12 months would be the company's best year since its inception. This rare statement comes amid mounting external scrutiny over OpenAI's business model and the return on investment in AI. On July 17, Altman posted on social media platform X: "The past 12 months have not been our best year ever—that’s mostly on me—but we’re about to have our best year yet." He also emphasized that the mission of AI is to empower more

wallstreetcn18:02

U.S. semiconductor stocks are just a step away from a bear market.

According to Dow Jones Market Data, the index will be confirmed as entering a technical bear market if it declines further into the range of 20% below its peak.

wallstreetcn16:49

Asian tech stocks followed the decline in U.S. semiconductor shares! SoftBank fell over 9%, and Kioxia plunged more than 15%.

Asian technology stocks plunged sharply on Friday, as a fresh round of steep declines in U.S. chip stocks intensified market concerns over artificial intelligence (AI) spending.

Zhitong Finance10:30