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Evening digest: Moonshot causes AI selloff, Apple retakes top market cap crown

On Friday, Chinese AI startup Moonshot sparked a fresh selloff in global semiconductor stocks after unveiling its latest Kimi K3 model. Apple…
Stock

Microsoft stock falls, analysts trim price targets ahead of Q4 earnings

Microsoft (NASDAQ: MSFT) shares fell 1.5% on Friday, extending a difficult year for the software giant as investors continued to weigh heavy…
Stock

Dow falls nearly 400 points as chip selloff deepens, Wall Street posts weekly loss

US stocks closed lower on Friday, capping a weak week for Wall Street as a deepening selloff in semiconductor stocks and renewed…
Stock

Rocket Lab stock price crash is gaining steam: how low can it go?

Rocket Lab’s stock price plunged more than 12% on July 16, hitting its lowest level since April 13. The decline has pushed…
Stock

Why SoftBank, Samsung and SK Hynix are taking the worst hit in Asia’s AI rout

SoftBank extended Asia’s technology rout on Friday, sliding 9.7% by Tokyo’s midday break as investors continued pulling money from the region’s most…
Stock

Netflix stock plunges 9% after earnings: why more downside may be ahead

Netflix stock (NASDAQ: NFLX) plunged nearly 9% in after-hours trading after the streaming company issued a weaker-than-expected third-quarter forecast, reviving doubts about…
Stock

Nikkei 225 leads Asian markets rout as TSMC fails to restore confidence

Asian stocks opened lower on Friday as the global retreat from semiconductor shares gathered pace, leaving the region’s chip-heavy markets exposed to…
Stock

Here’s why Tokyo Electron, Advantest, and Kioxia stocks are plunging today

The Nikkei 225 Index slumped by over 5% today, July 17, as the rout in Asian technology companies accelerated. It has now…
Stock

Chip design software dubbed a $3.7 billion opportunity: 2 stocks poised to benefit

The global semiconductor boom has hit a critical bottleneck in 2026 – a severe shortage of skilled chip design engineers. Tech giants…
Stock

SK Hynix stock tumbles 11% again: when will this boom-bust cycle finally end?

SK Hynix stock fell as much as 11% in Seoul on Thursday, surrendering most of the previous session’s sharp rebound as another…
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