NASDAQ ENDS THE WEEK LOWER
The Nasdaq 100 fell as rising oil prices, inflation fears and AI jitters weighed on technology stocks.
AI SPENDING UNDER THE MICROSCOPE
Investors are no longer rewarding AI spending alone. The focus is shifting to when these investments will start delivering profits.
CHIP STOCKS UNDER PRESSURE
Semiconductor stocks are on track for their worst month since 2022 as the AI trade turns increasingly volatile.
CORPORATE WATCH
- Intel fell despite a strong revenue forecast.
- Tesla remained under pressure after weak earnings.
- Apple gained, bucking the broader tech selloff.
- Alphabet steadied after Thursday’s sharp decline but AI spending concerns remain.
ASIA’S BIG ROTATION
Global fund managers are moving money from AI-heavy markets like South Korea and Taiwan into India, China and Southeast Asia.
WHAT TO WATCH NEXT
All eyes are now on earnings from Microsoft, Meta, Amazon and Apple, along with the Fed meeting. They could determine the market’s next move.