DIA

US stock indices ended higher on Tuesday as investors took respite from cooling oil prices and easing yields ahead of earnings from Nvidia and Marvell Technologies. The S&P 500 ended Tuesday 0.3% higher, while the Nasdaq 100 gained 0.6% and the Dow Jones Industrial Average climbed 0.3%. The Russell 2000, which tracks stocks with small market capitalizations, rose 0.5%. See what 10M+ investors are talking about. Get the Stocktwits Daily Rip for what retail is watching right now, free to your inbox Dow Jones Industrial Average futures and S&P 500 futures were little changed, while Nasdaq-100 futures rose nearly 0.1%. Among ETFs tracking benchmark indexes, the SPDR S&P 500 ETF (SPY) fell 0.3%, and Invesco QQQ Trust (QQQ) ended Tuesday 1% lower, while the SPDR Dow Jones Industrial Average ETF Trust (DIA) was up 0.3%. Meanwhile, the VanEck Semiconductor ETF (SMH) and iShares Semiconductor ETF (SOXX) gained about 1.7%, regaining most of the previous session's losses, tracking gains in Micron Tech (MU) and Nvidia (NVDA) stock. The broader Vanguard Information Technology ETF (VGT) rose 0.9%. Retail sentiment on Stocktwits for QQQ, SPY, and DIA was ‘bearish’ with ‘high’ message volumes. Market sentiment improved following news reports that the U.S. will redeploy diplomats to Middle Eastern embassies, alleviating fears of broader regional conflict. Simultaneously, a retreat in crude oil prices dampened inflation anxieties, providing a tailwind for Treasury markets. Bond yields slid, with the benchmark 10-year Treasury note yield falling more than 7 basis points to 4.625%, and Brent crude prices retreated to settle under the $90 threshold, as market participants weighed the potential for renewed energy transit via the Strait of Hormuz. Investor attention was solely focused on the semiconductor sector ahead of quarterly earnings from Nvidia (NVDA) and Marvell Technologies (MRVL). Analysts estimate Nvidia’s revenue is expected to hit $92.2 billion in the quarter ending July, nearly double from the same quarter last year, with earnings expectations of $2.09 per share. “Nvidia is operating on all cylinders, and they’re doing absolutely everything correctly at this point,” Mark Malek at Siebert Financial told Bloomberg. “We’re anticipating good news here, but so is everybody.” In addition, investors will keep a keen eye on the personal consumption expenditure price index reading for July, due out on Wednesday. Moderna (MRNA): Renewed optimism around its cancer vaccine program, buoyed by Wolfe Research’s $9.2 billion peak sales estimate, drove share price higher. Paramount Skydance (PSKY): Potential buyers and Wall Street intermediaries are actively assessing valuable entertainment properties that could be unloaded as Paramount Skydance Corp. (PSKY) navigates prolonged antitrust litigation over its proposed takeover of Warner Bros. Discovery Inc. (WBD). SpaceX (SPCX): The company announced that its Falcon 9 rocket completed its final planned Starlink mission from Florida and plans to invest $100 billion to build the world's largest launch facility. Lululemon Athletica (LULU): The athleisure company is expected to reduce its full-year 2026 earnings guidance again, UBS said. OpenAI: The company’s Jalapeno chips performed better than Nvidia’s current lineup during testing, SemiAnalysis said. For updates and corrections, email newsroom[at]stocktwits[dot]com. Shashank Nayar has no position in any of the stocks mentioned in this article. StockTwits' news team content is for informational purposes only and is not intended as investment advice. For more, see our editorial policy. This article was originally published on StockTwits. Related: UUUU, LEU, CCJ, BWXT Stocks In Focus: Trump’s Saudi Nuclear Push Reportedly Faces Congress Debate And Israel Hurdle UUUU, LEU, CCJ, BWXT Stocks In Focus: Trump’s Saudi Nuclear Push Reportedly Faces Congress Debate And Israel Hurdle Why DOCU, TRI Stocks Slid Over 3% After Google Cloud’s Latest AI Release

The S&P 500 ended Monday 0.3% lower, while the Nasdaq 100 dropped 1% and the Dow Jones Industrial Average climbed 0.3%. The iShares Semiconductor ETF dropped 3%. SpaceX’s first AI satellites, powered by Nvidia chips, are to be launched in 2027. The S&P 500 and Nasdaq dropped on Monday, pulled lower by weakness in chipmaker stocks as investors prepare for earnings from Nvidia and Marvell Technologies later this week. The S&P 500 ended Monday 0.3% lower, while the Nasdaq 100 dropped 1% and the Dow Jones Industrial Average climbed 0.3%. The Russell 2000, which tracks stocks with small market capitalizations, fell 0.8%. See what 10M+ investors are talking about. Get the Stocktwits Daily Rip for what retail is watching right now, free to your inbox Among ETFs tracking benchmark indexes, the SPDR S&P 500 ETF (SPY) fell 0.3%, and Invesco QQQ Trust (QQQ) ended Monday 1% lower, while the SPDR Dow Jones Industrial Average ETF Trust (DIA) was up 0.3%. Meanwhile, the VanEck Semiconductor ETF (SMH) and iShares Semiconductor ETF (SOXX) dropped 2.5%, with Micron Tech (MU) and Nvidia (NVDA) leading declines. The broader Vanguard Information Technology ETF (VGT) fell 1.5%. Retail sentiment on Stocktwits for QQQ, SPY, and DIA was ‘bearish’ with ‘high’ message volumes. Treasury yields declined after a CNBC report said the Treasury could use the General Account to finance a bond buyback. The 10-year Treasury note yield dropped by over 3 basis points to 4.704%. Meanwhile, the 30-year Treasury bond yield fell more than 4 basis points to 5.234%, pulling back after surpassing 5.3% last week—a level last observed nearly two decades ago. However, Citadel Securities labeled Scott Bessent’s expanded bond buyback initiative as “financial repression.” In a note to clients accessed by Bloomberg, Nohshad Shah, head of EMEA fixed-income sales at Citadel Securities, described the policy as failing to solve the underlying drivers of surging yields. Furthermore, to isolate Iran and bring an end to the war, the Treasury chief announced an “economic D-Day” campaign, threatening economic sanctions against any country conducting business with the nation and offering no additional hints regarding adjustments to U.S. debt management strategy. Investor attention was solely focused on the semiconductor sector ahead of quarterly earnings from Nvidia (NVDA) and Marvell Technologies (MRVL). Broadcom Inc. (AVGO): The stock is facing growing scrutiny in the credit markets as investors gauge the risks of the semiconductor giant backing massive debt deals to power its artificial intelligence expansion. Intel (INTC), Bloom Energy (BE): Former House Speaker Nancy Pelosi has filed new financial disclosures detailing multi-million-dollar stock and option acquisitions in semiconductor manufacturer Intel Corp. (INTC) and clean energy provider Bloom Energy Corp.(BE). Nvidia (NVDA): Nvidia said that its Groq 3 LPX inference accelerator is now in full production for the Vera Rubin platform. Paramount Skydance (PSKY): California Attorney General Rob Bonta reportedly canceled a meeting scheduled for Monday with Paramount (PSKY) representatives to explore a settlement in the state's lawsuit seeking to block Paramount's proposed acquisition of Warner Bros. Discovery (WBD). For updates and corrections, email newsroom[at]stocktwits[dot]com. Shashank Nayar has no position in any of the stocks mentioned in this article. StockTwits' news team content is for informational purposes only and is not intended as investment advice. For more, see our editorial policy. This article was originally published on StockTwits. Related: NVDA Stock’s 7-Day Losing Streak Sets Up Make-Or-Break AI Earnings Test: Retail Expects Yet Another Beat Why Did APP, ARRY, NFE Stocks Slump To 52-Week Lows Today? RUM Group CEO Vows Quake AI Will Challenge CoreWeave, Nebius: Retail Speculates Mystery $13.7B GPU Customer

The S&P 500 ended 0.7% higher, while the Nasdaq 100 rose 0.6% and the Dow Jones Industrial Average ended 0.5% higher. California’s governor warns that an antitrust lawsuit on Paramount's acquisition of Warner Bros. could derail entertainment industry jobs. Amazon surged 15% after reporting better-than-expected second-quarter revenue. U.S. stock indices ended higher on Friday and broke past two consecutive weeks of decline as investors cheered strong quarterly earnings from Microsoft and Amazon. The S&P 500 ended 0.7% higher, while the Nasdaq 100 rose 0.6% and the Dow Jones Industrial Average ended 0.5% higher. The Russell 2000, which tracks stocks with small market capitalizations, fell 0.5%. See what 10M+ investors are talking about. Get the Stocktwits Daily Rip for what retail is watching right now, free to your inbox Among ETFs tracking benchmark indexes, the SPDR S&P 500 ETF (SPY) added 0.4%, and Invesco QQQ Trust (QQQ) ended Friday 0.3% higher, while the SPDR Dow Jones Industrial Average ETF Trust (DIA) rose 0.5%. Meanwhile, the VanEck Semiconductor ETF (SMH) rose 0.1%, as gains in Nvidia (NVDA) and Broadcom (AVGO) offset weakness in Micron Tech (MU), AMD and ASML Holdings (ASML). The broader Vanguard Information Technology ETF (VGT) fell 1%, tracking weakness in Apple (AAPL). Retail sentiment on Stocktwits for SPY and QQQ was ‘bearish’ and ‘neutral’ for the DIA, with ‘high’ message volumes. Apart from key earnings results from big-tech companies, the U.S. Federal Reserve left its interest rate unchanged in Kevin Warsh’s second decision as Governor. Latest inflation numbers still remain above the central bank’s 2% target, and investors seem to be growing jittery about the Fed’s plan to curb soaring price pressures. The 30-year Treasury bond yield rose about 4 basis points to 5.25%, marking its highest level since 2007. Meanwhile, the benchmark 10-year Treasury yield climbed above 4.7%, its highest since January 2025. “The tailwind to the dollar from resilient US economic activity is outweighed by Fed Chair Kevin Warsh failure to turn tough inflation rhetoric into a credible policy, increasing the risk the Fed falls behind the curve in containing inflation,” Elias Haddad at Brown Brothers Harriman & Co told Bloomberg in an interview. Paramount Skydance (PSKY): California Gov. Gavin Newsom has voiced major concerns regarding the state's antitrust lawsuit attempting to halt Paramount's $81-billion takeover of Warner Bros. Discovery. Alibaba (BABA): Chinese artificial intelligence startup Moonshot AI is powering its flagship models using a compute agreement with Alibaba Group Holding Ltd. that grants access to a cluster of around 20,000 Nvidia Corp. processors. Reddit (RDDT): The company secured a major procedural victory in its legal battle against unauthorized artificial intelligence data harvesting, after a federal judge denied motions to dismiss key claims alleging that AI platform Perplexity AI and web-scraping vendor SerpApi illegally bypassed technical safeguards to scrape community content. Rivian (RIVN): Several Wall Street analysts flagged profitability challenges for the electric vehicle maker despite stronger-than-expected second-quarter results and an improved outlook. Roblox Corp (RBLX): Shares were down 27% following the company’s mixed second-quarter results and a lower-than-expected revenue guidance for the third quarter. For updates and corrections, email newsroom[at]stocktwits[dot]com. Shashank Nayar has no position in any of the stocks mentioned in this article. StockTwits' news team content is for informational purposes only and is not intended as investment advice. For more, see our editorial policy. This article was originally published on StockTwits. Related: Insurance ETFs Top Defensive Sector Chart In July As Investors Look To Pivot Slightly From Chips And AI AMBA Stock Rockets 18% On NXP Buyout Talks For Self-Driving Chip Maker NVO Stock Ends Three-Month Winning Streak As Novo Nordisk’s Key Heart Drug Flops, Competition Goes To Court

All three major U.S. benchmark indexes ended last week lower. Over the weekend, the U.S. and Iran paused attacks against each other. Oil prices declined following cooling tensions between the two countries. U.S. stock futures moved higher in overnight trading on Sunday after the United States and Iran paused military strikes over the weekend, sending oil prices sharply lower. Investors also turned their attention to a busy week ahead, with earnings from four “Magnificent Seven” companies and the Federal Reserve’s July policy meeting expected to drive market sentiment. Nasdaq-100 futures gained more than 1%, Dow futures were up 0.47%, and S&P 500 futures rose 0.59% at 9:12 PM EDT. Among ETFs tracking benchmark indexes, the SPDR S&P 500 ETF (SPY), the Invesco QQQ Trust (QQQ), and the SPDR Dow Jones Industrial Average ETF Trust (DIA) all edged higher at the time of writing. See what 10M+ investors are talking about. Get the Stocktwits Daily Rip for what retail is watching right now, free to your inbox The iShares 20+ Year Treasury Bond ETF (TLT) was also up 0.55% amid ‘bearish’ sentiment. U.S. stock markets ended mixed on Friday, with the Nasdaq Composite declining 0.64% at close, while the S&P 500 and the Dow Jones Industrial Average closed up 0.05% and 0.46% higher, respectively. All three major indexes clocked declines as the conflict between the U.S. and Iran increased oil prices and dragged markets lower. The Nasdaq led the declines, falling more than 2% last week, while the S&P 500 and Dow indexes fell about 0.61% and 0.38%, respectively. While the Nasdaq and S&P 500 declined for a second consecutive week, the Dow notched a third streak of declines. U.S. markets enter a pivotal week on Monday, with nearly a third of the S&P 500 reporting earnings, including four of the Magnificent Seven — Amazon.com Inc. (AMZN), Apple Inc. (AAPL), Meta Platforms Inc. (META) and Microsoft Corp. (MSFT). Investors will be watching capital spending plans closely as concerns over heavy AI spending resurfaced after Alphabet Inc.'s (GOOG, GOOGL) results last week, stoking concerns about whether the increasing spending can translate into meaningful growth. Patrick Moorhead, CEO, Founder and Chief Analyst at Moor Insights & Strategy, said in a post on X, “Together, $MSFT, $META, $AMZN and $AAPL provide a read on whether AI usage becomes cloud growth, ad monetization, device demand and free cash flow.” The earnings updates could also set the tone for semiconductor stocks, which have been among the biggest beneficiaries of the AI investment boom. For context, the VanEck Semiconductor ETF (SMH) and the iShares Semiconductor ETF (SOXX) have gained two out of four weeks this quarter. Meanwhile, oil prices are on the decline overnight following a week of steep climbs, with Brent crude prices topping $100 a barrel last week. Over the weekend, Iran has reportedly said it will pause its own ​attacks against the U.S. as long as the American military does the same. U.S. Ambassador to the United Nations Mike Waltz told the media on Sunday that U.S. President Donald Trump has decided to pause U.S. strikes on Iran to provide additional time for diplomatic efforts. Brett Erickson, managing principal at Obsidian Risk Advisors, however, warned on X that “Trump in no way is indicating that he’s close to accepting reality and agreeing to a deal that is realistic AND seeing it through. There is a huge difference between ‘not recklessly escalating’ and ‘making the necessary concessions to end the war’.” Meanwhile, on the economic front, personal consumption expenditures price index for June, and second-quarter gross domestic product growth are expected from the Bureau of Economic Analysis. Additionally, the Federal Reserve is scheduled to meet later this week to decide on its July policy. According to the CME FedWatch tool, the probability of a rate hike in the session is at 36.3%, up from 12.8% a week ago. Oracle Corp. (ORCL): Shares of the hyperscaler jumped onto the retail radar amid reports that Nvidia Corp. (NVDA) is in conversation to provide a roughly $250 billion backstop for OpenAI as part of a massive data-center project. Oracle has a major AI infrastructure partnership with OpenAI. Nvidia Corp. (NVDA): The chipmaker is also garnering attention amid the aforementioned deal reports, which would count among the largest financing arrangements in the AI industry. Venture Global Inc. (VG): The American energy company that produces and exports liquefied natural gas (LNG) gained attention amid the ongoing geopolitical changes and a decline in oil prices. Dell Technologies Inc. (DELL): The Texas-based tech company announced on Friday that Texas A&M Engineering Experiment Station, TEES, has selected the company to design and build the Innovative Growth in Next Generation AI Technology Ecosystem (IGNITE), a new AI and high-performance computing platform. The stock also got a target hike from Citi on Friday. Crude oil prices declined late Sunday following the pause in the conflict between the U.S. and Iran. Brent crude futures expiring in September fell more than 4% to $92.64 a barrel. Meanwhile, WTI crude futures expiring in September were trading at $85.24 per barrel at the time of writing. Yields on the 10-year Treasury fell to 4.643%, while spot gold prices rose to $4,103.00 per ounce. Asian markets were trading mixed at the open on Monday. South Korea's KOSPI climbed higher, while Japan’s Nikkei 225 and China’s SSE Composite fell at the time of writing. Australian stocks were climbing higher at the open. For updates and corrections, email newsroom[at]stocktwits[dot]com. Aashika Suresh has no position in any of the stocks mentioned in this article. StockTwits' news team content is for informational purposes only and is not intended as investment advice. For more, see our editorial policy. This article was originally published on StockTwits. Related: AstraZeneca's Rare Disease Setback Is A 'Clear Positive' For Omeros, Says This Analyst – A Look At Some Key Highlights Anthony Scaramucci Says Trump's Meme Coins 'Karate Chopped' Crypto's Image But Vouches For Bitcoin’s $10T Market Cap Zcash's Ironwood Upgrade Activates Tomorrow After 60-Day 'Wartime Mode' Sprint, But ZEC Doesn’t Move

Oil prices climbed above $100 a barrel amid growing conflict in the Middle East. U.S. President Donald Trump threatened “major military punishment” for Iran amid the escalating tensions. “Magnificent Seven” stocks were in the red at close on Thursday, and the Roundhill Magnificent Seven ETF (MAGS) fell 4.6% amid the selloff. U.S. stock futures traded higher overnight on Thursday, as markets looked past renewed U.S. military action in Iran and rising oil prices, instead turning their focus to hyperscaler earnings amid growing scrutiny of AI spending. Nasdaq-100 futures gained 0.14%, Dow futures were up 0.08%, and S&P 500 futures rose 0.12% at 9:20 PM EDT. Among ETFs tracking benchmark indexes, the SPDR S&P 500 ETF (SPY), the Invesco QQQ Trust (QQQ), and the SPDR Dow Jones Industrial Average ETF Trust (DIA) all edged higher at the time of writing. See what 10M+ investors are talking about. Get the Stocktwits Daily Rip for what retail is watching right now, free to your inbox The iShares 20+ Year Treasury Bond ETF (TLT) was also up 0.02% amid ‘bearish’ sentiment. U.S. stock markets ended lower on Thursday as growing conflict in the Middle East pushed Brent crude prices above $100 a barrel for the first time since May. The Nasdaq Composite led the decline, shedding more than 550 points to close 2.15% lower. The S&P 500 fell 1.21%, while the Dow Jones Industrial Average declined 0.97% at close. Markets were primarily focused on earnings from major companies, alongside rising oil prices due to the continued tensions between the U.S. and Iran. Intel Corp. (INTC) gained more than 4% overnight on Thursday after delivering better-than-expected second-quarter (Q2) results and forecasting strong sales for the third quarter, boosting confidence in AI-related infrastructure spending. However, Alphabet Inc.’s (GOOG, GOOGL) ballooning capex spending attracted multiple Wall Street price target cuts, pressuring the company and sending its shares about 7% lower at close. Tesla Inc. (TSLA) shares also sank more than 14% amid Wall Street’s lowered targets. Other “Magnificent Seven” stocks were also in the red at close on Thursday. The Roundhill Magnificent Seven ETF (MAGS) fell 4.6% at close amid the selloff. “The real problem is the amount of spend that’s going on,” Ken Mahoney, chief executive officer of Mahoney Asset Management, told Bloomberg, adding that “No one knows what the return on investment is.” Markets are now awaiting results from Microsoft Corp. (MSFT), Meta Platforms Inc. (META), Amazon.com Inc. (AMZN) and Apple Inc. (AAPL), expected next week. Meanwhile, climbing oil prices added to the pressure after Yemen's Iran-backed Houthi militants claimed attacks on two Saudi oil tankers in the Red Sea, stoking fears of a broader Middle East conflict. U.S. President Donald Trump threatened “major military punishment” for Iran amid the escalating tensions. “A year ago the United States of America attacked, very powerfully, the Houthis, for their interference with commerce and trade, by shooting at ships. Since that time, and during our conflict with Iran, they have acted very responsibly. Unfortunately, now they are starting up again, shooting at two Saudi Arabian ships last night. Please let this TRUTH serve to represent that if they do this again, the U.S. will hold Iran responsible, in that the Houthis are a Surrogate and/or Proxy of Iran, and major military punishment will be inflicted upon Iran and, of course, the Houthis, themselves,” he said in a post on Truth Social. The U.S. Central Command confirmed a 13th consecutive night of attacks on Iran in a post on X, adding that it “aimed to hold Iran accountable and diminish threats from the Islamic Revolutionary Guard Corps to commercial shipping.” Later on Thursday, according to a report from Axios, Trump said that he is considering a “massive attack” on Iran that would be “bigger than ever before.” He added that he was “close to making a decision” and that they are “all set for it.” Mohamed El-Erian, chief economic adviser at Allianz, noted in a post on X, “It’s one of those market days where the vast majority of asset classes are down, including stocks, bonds, crypto, and gold. The blame game points to the one asset class that is notably higher today: energy. And for good reason—$100 Brent crude complicates the economic, corporate, and policy outlooks.” He added that markets should look “Beyond the obvious,” and “keep a close eye on debt and leverage dynamics.” Intel Corp. (INTC): The chipmaker was on the retail radar after its shares jumped overnight following strong Q2 results. The company also forecast strong third-quarter (Q3) revenue of $15.8 billion to $16.8 billion, considerably higher than Wall Street expectations. Tesla Inc. (TSLA): The EV-maker was on the retail radar after it posted Q2 results on Wednesday that failed to impress investors. Shares dropped more than 14% at close amid a series of Wall Street price target cuts and continued concerns over its blowout capex plans. Trade Desk Inc. (TTD): The stock attracted retail attention after its shares fell to a 52-week low of $16.70 as concerns over its growth amid rising competition continued to weigh on investor sentiment. Hims & Hers Health Inc. (HIMS): The telehealth company closed up more than 3% on Thursday and continued to climb overnight following a positive FDA advisory committee vote recommending wider access to the BPC-157 peptide. While crude oil prices declined marginally late Thursday, Brent crude futures expiring in September continued to trade above $100 a barrel. Meanwhile, WTI crude futures expiring in September were trading at $91.54 per barrel. Yields on the 10-year Treasury jumped to trade at 4.702%, the highest in over a year. Meanwhile, spot gold prices were at $4,043.45 per ounce. “Once again, traders are getting spooked by the rise in bond yields. But the breakdown in bonds is actually bullish for gold, as it reflects soaring federal budget deficits, out-of-control inflation, and a loss of confidence in the creditworthiness of the U.S. Buy the dip!” economist Peter Schiff said in a post on X. Asian markets were trading lower at the open on Friday. South Korea's KOSPI, Japan’s Nikkei 225, China’s SSE Composite and Australian stocks were all in the red at the time of writing. For updates and corrections, email newsroom[at]stocktwits[dot]com. Aashika Suresh has no position in any of the stocks mentioned in this article. StockTwits' news team content is for informational purposes only and is not intended as investment advice. For more, see our editorial policy. This article was originally published on StockTwits. Related: Nokia's Massive AI Orders Overshadow Soft Guidance — BofA Sees 90% Upside Alphabet And Tesla's Blowout Capex Plans Are Shifting Investor Perceptions And Valuation Metrics CAPR Stock On Track To Clock Weekly Gains Ahead Of Critical FDA Panel — Retail Deems It A ‘Binary Event’

The S&P 500 ended 0.2% lower, while the Nasdaq 100 slipped 0.5% and the Dow Jones Industrial Average ended flat. Secretary of State Marco Rubio said Iran is “not serious about talks.” Brent crude prices briefly topped $95 a barrel. U.S. stock indices ended lower on Wednesday as oil prices spiked after the U.S. signaled that Iran was unwilling to return to the negotiations after both countries escalated attacks. The S&P 500 ended 0.2% lower, while the Nasdaq 100 slipped 0.5% and the Dow Jones Industrial Average ended flat. The Russell 2000, which tracks stocks with small market capitalizations, fell 0.9%. See what 10M+ investors are talking about. Get the Stocktwits Daily Rip for what retail is watching right now, free to your inbox Among ETFs tracking benchmark indexes, the SPDR S&P 500 ETF (SPY) slipped 0.3% and Invesco QQQ Trust (QQQ) ended Wednesday 0.8% lower, while the SPDR Dow Jones Industrial Average ETF Trust (DIA) fell 0.1%. Meanwhile, the VanEck Semiconductor ETF (SMH) made modest gains, up 0.5%, aided by strength in Nvidia (NVDA), Advanced Micro Devices (AMD) and Broadcom (AVGO) shares. The broader Vanguard Information Technology ETF (VGT) fell 0.4%, ahead of Alphabet earnings which beat earnings and revenue expectations shortly after market close while raising its capex outlook to $205 billion. Alphabet shares dropped about 5% after-hours as its capex plans fanned investor concerns of enough AI demand to absorb the bloated hyperscaler capex costs. Retail sentiment on Stocktwits for SPY dropped to the ‘extremely bearish’ zone, while sentiment for QQQ and DIA were in ‘neutral’ with ‘high’ message volumes. Investors seemed to be growing increasingly uncomfortable with US-Iran war escalations. U.S. equity futures slipped on Wednesday evening as investors weighed fresh earnings, artificial intelligence spending concerns and rising oil prices. Futures tied to the Dow Jones Industrial Average lost 38 points. S&P 500 futures dropped 0.2% and Nasdaq 100 futures fell 0.3% at the time of writing. Brent crude futures rose about 3.4% to settle at $94.07 per barrel, hitting their highest levels in over a month and briefly topping $95. West Texas Intermediate futures climbed about 3% to close at $86.83, as per Koyfin data. Following the eleventh consecutive round of U.S. military strikes against Iran, oil prices moved higher. Secretary of State Marco Rubio noted that Iran is “not serious about talks”. Rubio emphasized the U.S. stance, stating, “If they’re serious, we’re serious. If they’re not, then we will do what is necessary to protect our interests and also the interests of our allies”. He further affirmed that American forces will continue safeguarding shipping lanes through the Strait of Hormuz. Investor attention moved towards mega-cap tech earnings with Alphabet and IBM posting their quarterly earnings in after-hours trading hours. Alphabet stock dropped about 5% after it raised its capex outlook while IBM lowered its 2026 forecast and delivered thinner quarterly profits than analysts had projected. Moreover, Tesla’s (TSLA) earnings also fell short of expectations, pushing the stock 4% lower after-hours. Investors are growing increasingly jittery over bloated capex spending from hyperscalers and are looking for better justification for firms’ data center spends. “We remain constructive on AI’s growth story, but we favor a more balanced exposure across the AI value chain — from semiconductors and hardware to megacap tech and more defensive areas of the industry,” Ulrike Hoffmann-Burchardi at UBS Chief Investment Office told Bloomberg. “Investors should also ensure diversification beyond AI.” Tesla (TSLA): The company reported that its second-quarter adjusted earnings slipped by about 18% year-over-year despite growth in vehicle deliveries as it focuses on developing products in parallel segments, such as robotics. Alphabet (GOOGL): The company reported Q2 earnings and revenue that surpassed expectations, led by strong cloud revenues, a jump in Gemini users, and unrealized securities gains, but the stock dropped after the company hiked its capex spending plans on an earnings call. Paramount Skydance (PSKY): European Union antitrust regulators cleared Paramount Skydance Corporation's (PSKY) proposed acquisition of Warner Bros. Discovery (WBD). Reddit (RDDT): The Wall Street Journal reported that the company has considered shutting off Google’s access to the platform’s content for AI use. Amazon (AMZN): Amazon reduced staff within its artificial general intelligence division, marking the latest targeted job cuts as the tech giant refines its focus on high-impact projects. For updates and corrections, email newsroom[at]stocktwits[dot]com. Shashank Nayar has no position in any of the stocks mentioned in this article. StockTwits' news team content is for informational purposes only and is not intended as investment advice. For more, see our editorial policy. This article was originally published on StockTwits. 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The VanEck Semiconductor ETF was up 0.41% at close, reversing three consecutive days of declines. However, tensions in the Middle East continued to rise after the U.S. launched a tenth consecutive day of strikes on Iran. On the earnings front, Alphabet and Tesla are slated to report their second-quarter results on Wednesday. U.S. stock futures climbed in overnight trading late Monday as gains in semiconductor stocks ahead of a busy week of Big Tech earnings helped offset investor concerns over the renewed U.S.-Iran conflict, which entered its tenth consecutive night with American military strikes targeting sites in the Middle Eastern nation. Nasdaq-100 futures climbed 0.39%, Dow futures were up 0.10%, and S&P 500 futures rose 0.17% at 9:29 PM EDT. Among ETFs tracking benchmark indexes, the SPDR S&P 500 ETF (SPY), the Invesco QQQ Trust (QQQ), and the SPDR Dow Jones Industrial Average ETF Trust (DIA) all edged higher at the time of writing. See what 10M+ investors are talking about. Get the Stocktwits Daily Rip for what retail is watching right now, free to your inbox The iShares 20+ Year Treasury Bond ETF (TLT) was up 0.04% amid ‘neutral’ sentiment. U.S. stock markets closed lower on Monday as rising oil prices amid the escalating tensions in the Middle East weighed on returns. The Dow Jones Industrial Average led the declines, shedding over 300 points to close down 0.59% lower. The S&P 500 fell 0.19%, while the Nasdaq was 0.05% lower at the close. Semiconductor stocks, however, edged higher this week. The VanEck Semiconductor ETF (SMH) was up 0.41% at close, reversing three consecutive days of declines. U.S. markets closed in the red on Monday amid rising concerns around the war in the Middle East and consequent increase in oil prices. Brent crude climbed above $90 a barrel on Monday. President Donald Trump said in a post on Truth Social that “Every time Iran kills an American Soldier they will pay for that killing many times over!” The comments come after three U.S. service members died in the recent conflict in the Middle East over the weekend. Meanwhile, the U.S. Central Command said in a post on X that a fresh round of attacks on Iran were conducted on Monday evening. “The strikes are designed to further degrade Iranian military capabilities used to attack commercial shipping in the Strait of Hormuz,” it said. “Investors still don’t think Trump has the tolerance for a material escalation of the U.S. force posture in the Middle East (i.e. deploying troops) and if that’s the case, then some type of a diplomatic resolution is inevitable,” wrote Adam Crisafulli of Vital Knowledge, according to a report from CNBC. Meanwhile, chip stocks gained on Monday, with Micron Technology Inc. (MU), Broadcom Inc. (AVGO), and Intel Corp. (INTC) rising about 2% at close, while memory chipmaker Sandisk Corp. (SNDK) climbed over 2.6%. The iShares Semiconductor ETF (SOXX) rose 0.45% at close, while the Invesco PHLX Semiconductor ETF (SOXQ) gained 0.61%. James E. Thorne, chief market strategist at Wellington-Altus Private Wealth, said in a post on X, “No, the AI trade is not over. Yes memory is a buy.” However, not all analysts are positive that the AI trade will make a comeback. Yardeni Research pointed to the return of “DeepSeek fears” in a post on X on Monday, noting that markets were “spooked” by Moonshot's Kimi K3 model launch. “The SOXX and S&P 500 Semis index could slide 12% more to key technical support,” it said. On the earnings front, Alphabet Inc. (GOOG, GOOGL) and Tesla Inc. (TSLA) are slated to report their second-quarter (Q2) results on Wednesday and chip giant Intel will also report its Q2 results on Thursday. General Motors Co. (GM), AT&T, Inc. (T), International Business Machines Corp. (IBM), ServiceNow, Inc. (NOW), and Verizon Communications, Inc. (VZ) will also post results this week. IREN Ltd. (IREN): The AI cloud provider’s shares jumped by over 19% at close on Monday after it raised its year-end AI Cloud annualized run-rate revenue target from $3.7 billion to more than $4 billion following new multi-year contracts worth $2.8 billion in total contract value. Archer Aviation Inc. (ACHR): The eVTOL company jumped nearly 20% at close and continued to climb overnight amid the announcement of an autonomous VTOL aircraft platform for both defense and commercial applications alongside Anduril. Tesla Inc. (TSLA): Elon Musk’s EV company was on the retail radar ahead of its earnings results expected on Wednesday. Boeing Co. (BA): The aircraft-maker garnered attention after it announced that SMBC Aviation Capital had ordered 100 737 MAX airplanes. Crude oil prices declined late Monday, with Brent crude futures expiring in September down about 0.85% to $88.46 per barrel, reversing from its climb to over $90 per barrel during the day. Meanwhile, WTI crude futures expiring in August also fell 0.3% to $82.98 per barrel. Yields on the 10-year Treasury were at 4.592% at the time of writing, while spot gold prices were trading at $4,029.09 per ounce. Asian markets were trading mixed at the open on Monday, with South Korea's KOSPI, Japan’s Nikkei 225, and China’s SSE Composite index climbing at the time of writing due to the strong chip sector performance. However, Australian stocks were trading in the red at the open. For updates and corrections, email newsroom[at]stocktwits[dot]com. Aashika Suresh has no position in any of the stocks mentioned in this article. StockTwits' news team content is for informational purposes only and is not intended as investment advice. For more, see our editorial policy. This article was originally published on StockTwits. Related: PSKY, ORCL, TLRY Stocks Hit 52-Week Lows Today: What's Driving The Selloff? NFLX Stock Has Fallen 44% Over The Past Year — Why Jim Cramer Says It's Time To Take Another Look Trump Signs Orders On Aluminum And Defense Supply Chains — AA, KALU, CENX, MP Stocks In Focus

The S&P 500 ended 0.9% higher, while the Nasdaq 100 gained 1.9% and the Dow Jones Industrial Average added 0.7%. 3M shares jumped more than 7% after the industrial giant’s second-quarter earnings came in better than expected. Apple is set to launch Apple Upgrade, a leasing program for iPhones, iPads and Mac. U.S. stock indices ended higher on Tuesday, as a surge in chipmaker stocks and a strong set of earnings reports boosted investor sentiment. The S&P 500 ended 0.9% higher, while the Nasdaq 100 gained 1.9% and the Dow Jones Industrial Average added 0.7%. The Russell 2000, which tracks stocks with small market capitalizations, gained 1.5%. See what 10M+ investors are talking about. Get the Stocktwits Daily Rip for what retail is watching right now, free to your inbox Among ETFs tracking benchmark indexes, the SPDR S&P 500 ETF (SPY) rose 0.8% and Invesco QQQ Trust (QQQ) ended Monday 1.9% higher, while the SPDR Dow Jones Industrial Average ETF Trust (DIA) gained 0.6%. Meanwhile, the VanEck Semiconductor ETF (SMH) rallied 4.7%, aided by strength in Nvidia (NVDA), Advanced Micro Devices (AMD), Micron Technology (MU) and Broadcom (AVGO) shares. The broader Vanguard Information Technology ETF (VGT) gained about 2.4%, taking support from strength in Tesla (TSLA), SpaceX (SPCX) and Intel (INTC). Retail sentiment on Stocktwits for SPY was ‘bearish’, while sentiment for QQQ and DIA were in ‘bullish’ zones with ‘normal’ to ‘high’ message volumes. A user highlighted that staying bearish on semiconductor stocks could be a dangerous move. Kicking off the earnings season for the quarter ending June 2026, 3M (MMM) and General Motors (GM) beat analysts’ top- and bottom-line estimates. Of the roughly 66 S&P 500 names that have reported, nearly 88% have topped bottom-line estimates, per FactSet. “The next two weeks will be a defining stretch for earnings, and not just for tech,” Bret Kenwell, U.S. investment analyst at eToro told CNBC in an interview. “The broader message is already clear: companies that fail to clear Wall Street’s elevated bar are being punished.” All eyes remain on earnings from semiconductor and mega-cap tech stocks, and investors look to assess the depth and breadth of AI demand and the profitability metrics behind bloated capital expenditures. Alphabet (GOOG, GOOGL), Tesla (TSLA) and IBM (IBM) are scheduled to report earnings after the bell on Wednesday. “The long-term AI backdrop appears to be intact,” Adam Turnquist at LPL Financial told Bloomberg. “The recent correction appears more consistent with a healthy reset following a parabolic advance than a fundamental breakdown in the AI investment theme.” Alphabet (GOOG, GOOGL): Alphabet introduced Gemini 3.6 Flash, Gemini 3.5 Flash-Lite and Gemini 3.5 Flash Cyber, expanding its family of AI models with a focus on faster, cheaper and more efficient agentic AI applications. Apple (AAPL): Apple is preparing to launch a new leasing program called Apple Upgrade on July 28, backed by Klarna. Advanced Micro Devices (AMD): GF Securities projects AMD's upcoming MI450X will narrow the hardware gap with Nvidia. Tesla (TSLA): Cybercabs will rely on SpaceX’s (SPCX) Starlink integration for purposes besides safety, company AI chief Ashok Elluswamy said. Walt Disney (DIS): The company is reportedly laying off employees across its different brands, including ESPN and Pixar, as part of ongoing efforts to streamline operations across its entertainment divisions. Read More: OpenAI Expands Board With Fintech, Banking Leaders Ahead Of Potential IPO — Launches ChatGPT Program For Small Businesses For updates and corrections, email newsroom[at]stocktwits[dot]com. Shashank Nayar has no position in any of the stocks mentioned in this article. StockTwits' news team content is for informational purposes only and is not intended as investment advice. For more, see our editorial policy. This article was originally published on StockTwits. Related: NOK Stock Rises Overnight: Retail Bulls Charged After SMCI's Backlog Surge, Call Nokia 'Pillar Of Infrastructure' Ahead Of Earnings ASTS, RKLB, SPCX Have All Tumbled So Far In 2026 — Is Retail Buying The Space Stock Dip Or Bracing For More Pain? TSLA Stock Jumps 3% Ahead Of Q2 Report — Analysts Split On Earnings Beat Expectations And Tesla’s Overpromise Problem

Other noteworthy names reporting earnings this week include General Motors, AT&T, International Business Machines, ServiceNow, and Verizon Communications. Meanwhile, tensions in the Middle East escalated over the weekend, with the U.S. launching its ninth consecutive strike on Iran late Sunday. Oil prices soared amid the tensions, with Brent crude prices rising above $90 a barrel. U.S. stock futures climbed higher in the overnight session late Sunday ahead of a key earnings week, even as the conflict between the U.S. and Iran escalated over the weekend. Nasdaq-100 futures climbed 0.45%, Dow futures were up 0.04%, and S&P 500 futures rose 0.14% at 9:11 PM EDT. See what 10M+ investors are talking about. Get the Stocktwits Daily Rip for what retail is watching right now, free to your inbox Among ETFs tracking benchmark indexes, the SPDR S&P 500 ETF (SPY), the Invesco QQQ Trust (QQQ), and the SPDR Dow Jones Industrial Average ETF Trust (DIA) all edged higher at the time of writing. Sentiment for SPY and DIA was ‘neutral,’ while it was extremely bullish for QQQ at the time of writing. The iShares 20+ Year Treasury Bond ETF (TLT) was down 0.34% amid ‘bearish’ sentiment. All three benchmark indexes closed lower on Friday amid a selloff in chip stocks and growing concerns over AI spending. The Nasdaq Composite led the declines, shedding more than 360 points to close 1.40% lower. The S&P 500 was down 1.01%, while the Dow closed 0.77% lower. The Nasdaq, S&P 500 and Dow indexes also posted the worst week this quarter, tumbling nearly 3%, 1.55% and nearly 1%, respectively. Additionally, the VanEck Semiconductor ETF (SMH) tumbled nearly 9% last week as Taiwan Semiconductor’s capex hike weighed heavily on chipmakers. Chief market technician at BTIG, Jonathan Krinsky, said semiconductor companies could slip even further from here. “They could certainly bounce here in the short term, but we don’t see signs of (any) kind of that real big washout that you’re looking for,” Krinsky told CNBC on Friday. U.S. markets recovered overnight ahead of Monday, as investors watch for key earnings results this week. Two “Magnificent Seven” members, Alphabet Inc. (GOOG, GOOGL) and Tesla Inc. (TSLA), are slated to report their second-quarter (Q2) results on Wednesday. Meanwhile, chip giant Intel Corp. (INTC) will also report its Q2 results later this week, on Thursday. Some other noteworthy names reporting earnings this week include General Motors Co. (GM), AT&T, Inc. (T), International Business Machines Corp. (IBM), ServiceNow, Inc. (NOW), and Verizon Communications, Inc. (VZ). Airline companies, including Southwest Airlines Co. (LUV) and American Airlines Group, Inc. (AAL), will also report quarterly results. Meanwhile, tensions in the Middle East escalated over the weekend, with the U.S. launching its ninth consecutive strike on Iran late Sunday. “CENTCOM began conducting a new wave of strikes against Iran at 7 p.m. ET today for the ninth consecutive night. The strikes will continue degrading Iranian military capabilities used to attack commercial vessels and civilian mariners transiting the Strait of Hormuz,” the U.S. Central Command said in a post on X. Over the weekend, a third U.S. service member died in the recent conflict in the Middle East. After initially reporting two deaths and one missing service member following an Iranian attack in Jordan on July 17, CENTCOM said that U.S. forces later confirmed the death of the third member. Iran’s Deputy Foreign Minister Kazem Gharibabadi said in a post on X, “The U.S. attack on the under-construction facilities of the Darquoin power plant is a dangerous assault on Iran's peaceful infrastructure and fully implicates the U.S. government in the consequences stemming from heightened insecurity and instability. Iran, while issuing a resolute condemnation of this aggression, will take appropriate measures to defend its national interests and security.” Meanwhile, oil prices soared amid the flare-up of conflict between the two nations, rising above $90 a barrel. Brett Erickson, Managing Principal at Obsidian Risk Advisors, commented on X in a post: “Oil hitting $90 at open just now. While it is still at a price point that… really isn’t explainable by anyone I’ve talked to, it clearly indicates that the only reason it was down in the first place was due to the MOU. This is a clear indication to Iran that disincentives cowering to American pressures in the near-term.” Trump Media & Technology Group Corp. (DJT): The president’s media company was trending among retail investors amid a series of fresh catalysts, including a settlement announcement about mutually resolving all legal claims between the company, former CEO Patrick Orlando, and ARC Global Investments II LLC and the recent strategy to monetize access to Truth Social’s top accounts. SELLAS Life Sciences Group Inc. (SLS): The late-stage clinical biopharma company drew attention ahead of the key overall survival readout from the Phase 3 trial for galinpepimut-S in acute myeloid leukemia. Nvidia Corp. (NVDA): The semiconductor company was on the retail radar amid growing concerns about ballooning AI capex. Meanwhile, Apple Inc. (AAPL) also dethroned Nvidia as the most valuable company in the world on Friday. Palo Alto Networks Inc. (PANW): Shares of the cybersecurity company edged higher in the overnight session on Sunday amid broader gains in the sector over the past week after a comment from International Business Machines Corp. (IBM) suggested that enterprise spending priorities are shifting away from traditional IT infrastructure and toward cybersecurity. Crude oil prices continued to climb late Sunday amid the continuing tensions in the Middle East. At the time of writing, Brent crude futures expiring in September were up more than 2% to $90.11 per barrel, while WTI crude futures expiring in August also rose nearly 2% to $84.13 per barrel. Yields on the 10-year Treasury were at 4.551% at the time of writing, while spot gold prices were trading at $4,005.20 per ounce. Asian markets were trading mixed at the open on Monday, with South Korea's KOSPI, Japan’s Nikkei 225, and China’s SSE Composite index declining at the time of writing. However, Australian stocks were trading in the green at the open. For updates and corrections, email newsroom[at]stocktwits[dot]com. Aashika Suresh has no position in any of the stocks mentioned in this article. StockTwits' news team content is for informational purposes only and is not intended as investment advice. For more, see our editorial policy. This article was originally published on StockTwits. Related: GOOGL, MSFT, AMZN Stocks Rise Premarket: Analyst Says China’s Kimi K3 AI Fears ‘Misplaced’ LMT Stock Gains Premarket: Lockheed Martin Reveals New Counter-Drone Weapon, Cheaper Missile Interceptor LMT Stock Gains Premarket: Lockheed Martin Reveals New Counter-Drone Weapon, Cheaper Missile Interceptor

The companies you own inside this consumer staples fund are collectively signaling stronger profits are on the way. The State Street Consumer Staples Select Sector SPDR ETF (XLP) returned +9.4% over the past year, but the more telling signal for what comes next lies inside the fund itself. Among its largest holdings, companies making up 32% of the fund's total weight have recently raised their forward guidance for earnings, revenue, or cash flow. A Decidedly Positive Lean That figure is the key to understanding the fund's forward momentum. It stands in sharp contrast to the holdings that trimmed their outlook, which account for just 10.7% of the fund. The rest left their guidance unchanged. When you own an index fund, you own the collective trajectory of its companies, and right now, the weight of the evidence is pointing toward improving fundamentals. Who's Pulling the Weight? This positive tilt isn't abstract; it's driven by specific, heavyweight positions. The single biggest contributor was Walmart (WMT), which accounts for more than 10% of the fund and raised its EPS guidance by 8%. Other large holdings like Coca-Cola (KO), at 7.0% of the fund, also nudged their forecasts higher, showing the positive sentiment is not isolated to a single name. Of course, not every company is on the same path. The most significant downward revision came from Philip Morris International (PM). At 6.1% of the fund, it lowered its EPS guidance by 4%. But on balance, the positive revisions from companies like Walmart carry far more weight across the portfolio. A Signal That Can Lead the Price Why does this matter for you as an owner of XLP? A company’s own guidance is one of the earliest indicators of its future earnings power. When you see a broad-based tilt where the weight of companies raising their outlook is nearly three times the weight of those cutting it, it suggests the fund's underlying earnings momentum is strengthening. This kind of forward-looking check is important, as sometimes a fund's price can get ahead of its fundamentals. For an investor in XLP, this is the bottom line. You own a basket of companies that are, in aggregate, telling the market to expect better results ahead. While no signal is a guarantee, having the fund's own holdings guide their earnings higher provides a fundamental tailwind that a simple price chart or trailing valuation multiple doesn't show. So Why Not Just Buy The Companies Raising Guidance? Seeing this many companies inside XLP lift their outlook, it is tempting to skip the basket entirely. If rising guidance is the signal, why not just own the companies actually raising it? We know what you are thinking, and it is an absolutely fair question. You can, and the idea has real teeth. These are exactly the names our Guidance-Driven Momentum screen is built to surface, companies whose fresh revenue or earnings-per-share raises are already carrying their stock above both its 50-day and 200-day averages. Recent winners make the point: Texas Instruments (TXN) is up 24% since it raised guidance; West Pharmaceutical Services (WST) is up 17% since it raised its EPS outlook; Advanced Micro Devices (AMD) is up 41% since it raised guidance. A raise the market believes in tends to keep working. But here is something you may not have weighed. First, timing and momentum are doing real work: a guidance raise only pays once the market agrees with management, which is exactly what a price holding above its moving averages confirms, and a raise the tape keeps shrugging off can be a value trap. Second, the companies raising guidance often cluster around the same tailwind, where a single theme like artificial intelligence can be lifting most of them at once, so a hand-picked basket of guidance-raisers can quietly become one concentrated bet. One Way To Keep The Signal And Skip The Homework None of that makes the idea wrong, it just means doing it well takes work: you have to judge the timing and manage the concentration yourself. If that is the part you would rather not run by hand, our High Quality (HQ) Portfolio is one way to keep the exposure without the homework. It holds 30 individually screened names spread deliberately across different kinds of businesses rather than one crowded theme, rule-based and rebalanced on a schedule, so it leans into improving fundamentals while trimming what has run and rotating out of names whose outlook is turning, never resting the whole thing on a single sector or a single quarter. It has a record of outpacing a benchmark that combines the three major indices - the S&P 500, S&P Mid-cap, and Russell 2000.

The fears rippled across the technology sector as major AI names and chip stocks declined sharply. The declines come at the start of a strong earnings season, with big banks kicking off the cycle earlier this week with solid results. On the geopolitical front, the U.S. has continued its attack on Iran for a sixth-consecutive day, causing a spike in oil prices. U.S. stock futures extended a decline into the overnight session late Thursday after all benchmark indexes closed lower amid a selloff in the technology sector, particularly among semiconductor names. Nasdaq-100 futures fell 0.61%, Dow futures were down 0.41%, and S&P 500 futures declined 0.38% at 9:11 PM EDT. See what 10M+ investors are talking about. Get the Stocktwits Daily Rip for what retail is watching right now, free to your inbox Among ETFs tracking benchmark indexes, the SPDR S&P 500 ETF (SPY), the Invesco QQQ Trust (QQQ) and the SPDR Dow Jones Industrial Average ETF Trust (DIA) all edged lower at the time of writing. The iShares 20+ Year Treasury Bond ETF (TLT) was down 0.02% amid ‘bearish’ sentiment. All three benchmark indexes closed lower on Thursday amid growing concerns over AI sustainability. The Nasdaq Composite led the declines, tumbling nearly 400 points to close 1.47% lower. The S&P 500 was down 0.51%, while the Dow closed 0.20% lower. U.S. markets bled amid rising concerns over ballooning capital expenditures from AI players after Taiwan Semiconductor Manufacturing (TSM) massively hiked its capital expenditures for 2026. The company raised its 2026 capex forecast to between $60 billion and $64 billion in its latest earnings update on Thursday, up substantially from its previous $52 billion to $56 billion range. The fears rippled across the technology sector as major AI names including Nvidia Corp. (NVDA), Alphabet Inc. (GOOG, GOOGL), Amazon.com Inc. (AMZN), and Meta Platforms Inc. (META) closed lower at the close. The rout was particularly steep among semiconductor stocks, with Micron Technology Inc. (MU), Advanced Micro Devices Inc. (AMD), Intel Corp. (INTC) and Broadcom Inc. (AVGO) clocking declines over 5% each. The VanEck Semiconductor ETF (SMH) slumped nearly 4%. However, many Wall Street analysts believe that the selloff is temporary. CEO and Chief Investment Officer of Singapore-based DeFiance Capital, Arthur Cheong, said in a post on X that this appeared to be a mid-cycle correction instead of a full-cycle top. “Given all the recent information I'm leaning hard toward the recent correction in AI and Semi complex being mid cycle correction instead of full cycle top,” he said. “The positioning and leverage on AI and Semi names got too extreme and therefore get flushed heavily now and I expect market to recover strongly once the summer doldrums are over.” The declines come at the start of a strong earnings season, with big banks kicking off the cycle earlier this week with solid results. On Thursday, TSM’s second-quarter print posted a beat on revenue and profit due to strong AI-driven demand, but shares slipped due to capex worries. Unitedhealth Group Inc. (UNH) also posted Q2 earnings, topping estimates amid lower medical costs, while raising its earnings and cash flow outlook for 2026. Netflix Inc. (NFLX), however, posted disappointing results. James E. Thorne, chief market strategist at Wellington-Altus Private Wealth, said in a post on X that the decline in stocks despite strong earnings results reflected “stretched valuation and geopolitical risk, and a growing consensus that earnings growth is near its peak,” adding that it was not a surprise that “the market didn’t reward the beat.” On the geopolitical front, the U.S. has continued its attack on Iran for a sixth-consecutive day. The U.S. Central Command updated in a post on X: “At 2 p.m. ET today, U.S. forces began conducting a new wave of strikes against Iran for the sixth consecutive night to further degrade Iranian military capabilities.” Media reports indicate that the U.S. struck several civilian and strategic locations on Thursday, including Sirik, a key city overseeing the Strait of Hormuz. Separately, Iranshahr Airport was also targeted, with local reports indicating damage to airport facilities. Netflix Inc. (NFLX): Shares of the streaming giant fell nearly 9% in the overnight session on Thursday after its second-quarter (Q2) revenue missed Wall Street expectations and the third-quarter guidance also failed to impress. Sandisk Corp. (SNDK): The memory chipmaker’s shares plunged more than 12% at close and continued to decline in the overnight session due to a spillover of concerns over TSM’s massive capex outlook. SpaceX (SPCX): Elon Musk’s aerospace company continued to decline on Thursday after the company pulled back on the latest launch of its Starship rocket amid technical glitches, pressuring the stock just a day after it fell below its $135 IPO price. Marvell Technology Inc. (MRVL): The company’s shares fell nearly 9% at close and continued to bleed overnight amid a sector-wide selloff following TSM’s results. Crude oil prices continued to climb late Thursday amid the continuing tensions in the Middle East. At the time of writing, Brent crude futures expiring in September were up more than 1% to $85.11 per barrel, while WTI crude futures expiring in August also rose by over 1% to $79.83 per barrel. Yields on the 10-year Treasury were at 4.559% at the time of writing, while spot gold prices were trading at $3,991.78 per ounce. Asian markets trailed U.S. stocks to decline at the open on Friday, with South Korea's KOSPI leading the fall as it traded more than 6% lower. Japan’s Nikkei 225, China’s SSE Composite index and Australian stocks were also trading lower at the time of writing. For updates and corrections, email newsroom[at]stocktwits[dot]com. Aashika Suresh has no position in any of the stocks mentioned in this article. StockTwits' news team content is for informational purposes only and is not intended as investment advice. For more, see our editorial policy. This article was originally published on StockTwits. Related: Why Did IBM, ORCL, SMR Stocks Drop To 52-Week Lows Today? SPCX Stock Extends Post-IPO Rout: Starship Launch Scrub Deepens Slide As Short Sellers Build $25B Bear Bet PYPL Stock Slips After-Hours — Why PayPal Board Isn’t Sold On The $53B Stripe-Advent Bid

Meanwhile, core inflation came in at 2.6%, with prices declining 0.4% from the previous month, the largest monthly drop since May 2020. Shares of the largest U.S. banks surged on Tuesday after they reported second-quarter results, with Goldman Sachs leading the climb. Crude oil prices continued to climb late Tuesday, trading above $80 a barrel. U.S. stock futures edged higher in the overnight session late Tuesday as softer-than-expected inflation data boosted technology stocks and eased rate hike concerns, overshadowing escalating tensions between the U.S. and Iran. Meanwhile, strong quarterly results from top banks on Tuesday reinforced market confidence in a solid earnings season. See what 10M+ investors are talking about. Get the Stocktwits Daily Rip for what retail is watching right now, free to your inbox Dow futures were up 0.05%, S&P 500 futures climbed 0.18%, and Nasdaq-100 futures climbed 0.61% at 10:20 PM EDT. Among ETFs tracking benchmark indexes, the SPDR S&P 500 ETF (SPY), the SPDR Dow Jones Industrial Average ETF Trust (DIA) and the Invesco QQQ Trust (QQQ) were trading higher with sentiment in the ‘bullish’ territory. The iShares 20+ Year Treasury Bond ETF (TLT) was down 0.13% amid ‘extremely bearish’ sentiment. All three benchmark indexes closed higher on Tuesday, with the Nasdaq leading the decline, climbing nearly 1% higher at close. The S&P 500 was up 0.38%, while the Dow closed marginally higher, up 0.02%. The strongest boost for U.S. markets on Tuesday came from lower-than-expected June inflation. According to data from the Bureau of Labor Statistics (BLS), the Consumer Price Index (CPI) climbed 3.5% year-on-year, below market expectations. Meanwhile, core inflation came in at 2.6%, with prices declining 0.4% from the previous month, the largest monthly drop since May 2020. Lower energy costs drove the decline in headline inflation, with the energy index falling 5.7% in June. The softer inflation figures lowered expectations for a rate hike from the Federal Reserve. According to the CME's FedWatch tool, the probability of a rate hike at the July meeting fell to 15.5%, down from 41.7% a day earlier. Mohamed El-Erian, Chief Economic Advisor at Allianz, said on Tuesday that the lower inflation figures “should help temper what had become an excessively hawkish market tilt to the monetary policy outlook.” However, he warned that the softer print “won't fully resolve the debate over the forward-looking relevance of these numbers.” However, markets reacted positively to the lower inflation figures, with chipmaking stocks such as Nvidia Corp. (NVDA) and Micron Technology (MU) surging at close. Additionally, Fed Chairman Kevin Warsh testified before Congress on Tuesday, telling lawmakers that he expects the inflationary surge that has defined the past five years to fade into history. Economist Peter Schiff said in a post on X on Tuesday that “The only way regime change at the Fed will reduce inflation is if we also get regime change in Congress and the White House. Monetary and fiscal policy have worked hand in glove to create the inflation that plagues the economy. Ending it requires huge cuts to government spending.” Meanwhile, shares of U.S. banks surged on Tuesday after they reported second-quarter (Q2) results. Goldman Sachs (GS) led the climb, surging 9% at close after it reported record Q2 results. JPMorgan Chase (JPM) and Bank of America (BAC) also surged about 2% each following their Q2 prints. On the geopolitical front, the U.S. continued to bomb Iran while imposing a naval blockade. However, U.S. President Donald Trump dropped his demand for ships passing through the Strait of Hormuz to pay a protection fee. “At 3 p.m. ET today, U.S. Central Command forces began launching an additional round of strikes against Iran to continue degrading Iranian capabilities used to attack commercial shipping in the Strait of Hormuz. The strikes are taking place as American forces prepare to resume the naval blockade against Iranian ports and coastal areas. The blockade goes into effect at 4 p.m. ET,” the U.S. Central Command said in a post on X. International Business Machines Corp. (IBM): Shares of the company plummeted more than 25% on Tuesday after the tech giant reported preliminary second-quarter results that fell short of market expectations. Applied Digital Corp. (APLD): The neocloud company jumped onto the retail radar amid a sell-off in AI infrastructure names due to broader market volatility and a yearlong data center ban in New York. SK Hynix Inc. (SKHY): The South Korean chip company garnered attention after a 27% surge in its share price following Barclays' initiation of coverage with an ‘Overweight’ rating. Nebius Group N.V. (NBIS): Shares of the company fell alongside other AI infrastructure and data center stocks after New York Governor Kathy Hochul imposed a statewide moratorium on new hyperscale data centers for up to a year amid environmental concerns. Crude oil prices continued to climb late Tuesday. At the time of writing, Brent crude futures expiring in September were up more than 1%, trading at $85.70 per barrel, while WTI crude futures expiring in August rose 0.97% to $80.11 per barrel. Yields on the 10-year Treasury rose to 4.592% at the time of writing, while spot gold prices fell to around $4,031.65 per ounce. Asian markets were trading higher on Wednesday, with South Korea's KOSPI leading the climb, up nearly 7% at the time of writing. Japan’s Nikkei 225, China’s SSE Composite index and Australian stocks were also trading higher at the time of writing. For updates and corrections, email newsroom[at]stocktwits[dot]com. Aashika Suresh has no position in any of the stocks mentioned in this article. StockTwits' news team content is for informational purposes only and is not intended as investment advice. For more, see our editorial policy. This article was originally published on StockTwits. Related: NVO Stock Jumps 3% As EU Approves Oral Wegovy Pill — Retail Notes LLY Is ‘Clearly Behind’ Its Danish Counterpart The White House Is Coming To The Table Over The One Thing Blocking Crypto's Biggest Bill COIN, CRCL Stocks Have ‘Outsized’ Bitcoin Recovery Leverage, Says William Blair