Stocks making the biggest moves premarket: Netflix, SpaceX, Alphabet and more
https://www.cnbc.com/2026/07/17/stocks-making-the-biggest-moves-premarket-nflx-spcx-googl-and-more.html?__source=androidappshare
https://www.cnbc.com/2026/07/17/stocks-making-the-biggest-moves-premarket-nflx-spcx-googl-and-more.html?__source=androidappshare
CNBC
Stocks making the biggest moves premarket: Netflix, SpaceX, Alphabet and more
These are the stocks posting the largest moves premarket.
The $3.3 trillion chip sell-off is nearing a bear market: #Chart of the Day
https://finance.yahoo.com/markets/article/the-33-trillion-chip-sell-off-is-nearing-a-bear-market-chart-of-the-day-100000286.html
https://finance.yahoo.com/markets/article/the-33-trillion-chip-sell-off-is-nearing-a-bear-market-chart-of-the-day-100000286.html
Yahoo Finance
The $3.4 trillion chip sell-off is nearing a bear market: Chart of the Day
The PHLX Semiconductor Index has fallen nearly 20% from its June high.
The weight-loss drugs boom is creating both winners and wipeouts: One Big Investment Idea
https://finance.yahoo.com/markets/article/the-weight-loss-drugs-boom-is-creating-both-winners-and-wipeouts-one-big-investment-idea-103918718.html
https://finance.yahoo.com/markets/article/the-weight-loss-drugs-boom-is-creating-both-winners-and-wipeouts-one-big-investment-idea-103918718.html
Yahoo Finance
The weight-loss drugs boom is creating both winners and wipeouts: One Big Investment Idea
The weight-loss boom has created one of the market's biggest opportunities โ and some of its most punishing failures.
Netflix stock tanks after Q3 revenue falls short, co-CEO says not all views are 'created equal'
https://finance.yahoo.com/markets/stocks/article/netflix-stock-tanks-after-q3-revenue-falls-short-co-ceo-says-not-all-views-are-created-equal-201022485.html
https://finance.yahoo.com/markets/stocks/article/netflix-stock-tanks-after-q3-revenue-falls-short-co-ceo-says-not-all-views-are-created-equal-201022485.html
Yahoo Finance
Netflix stock tanks after Q3 revenue falls short, co-CEO says not all views are 'created equal'
Netflix missed on revenue but beat estimates on earnings per share in the second quarter.
Netflix earnings, Trump's approval rating and more: Morning Squawk
https://www.cnbc.com/2026/07/17/5-things-to-know-before-the-stock-market-opens.html?__source=androidappshare
https://www.cnbc.com/2026/07/17/5-things-to-know-before-the-stock-market-opens.html?__source=androidappshare
CNBC
Chip stock sell-off, Netflix earnings, Trump's approval rating and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
โค1
#USMarketUpdate
S&P 500 closes lower, Nasdaq falls more than 1% as chip stocks suffer: Live updates
Stocks fell again on Friday, with Wall Street posting a weekly decline, as traders weighed the latest moves in semiconductor names along with recent quarterly reports.
The broad market index lost 1.01% to end at 7,457.69, while the Nasdaq Composite dropped 1.4% to 25,520.24 as tech stocks came under scrutiny. The Dow Jones Industrial Average fell 406.55 points, or 0.77%, to close at 52,146.42.
The major stock benchmarks notched weekly losses, with the S&P 500 off 1.6%, while the Nasdaq slid 2.9%. The Dow fell 0.9% on the week.
The VanEck Semiconductor ETF (SMH) posted its third weekly decline in four weeks, dropping almost 9% in the period. Semiconductors were hit especially hard earlier in the session after Chinese startup Moonshot AI unveiled a new model that it said narrows the gap with the top offerings in the U.S.
https://www.cnbc.com/2026/07/16/stock-market-today-live-updates.html?__source=androidappshare
S&P 500 closes lower, Nasdaq falls more than 1% as chip stocks suffer: Live updates
Stocks fell again on Friday, with Wall Street posting a weekly decline, as traders weighed the latest moves in semiconductor names along with recent quarterly reports.
The broad market index lost 1.01% to end at 7,457.69, while the Nasdaq Composite dropped 1.4% to 25,520.24 as tech stocks came under scrutiny. The Dow Jones Industrial Average fell 406.55 points, or 0.77%, to close at 52,146.42.
The major stock benchmarks notched weekly losses, with the S&P 500 off 1.6%, while the Nasdaq slid 2.9%. The Dow fell 0.9% on the week.
The VanEck Semiconductor ETF (SMH) posted its third weekly decline in four weeks, dropping almost 9% in the period. Semiconductors were hit especially hard earlier in the session after Chinese startup Moonshot AI unveiled a new model that it said narrows the gap with the top offerings in the U.S.
https://www.cnbc.com/2026/07/16/stock-market-today-live-updates.html?__source=androidappshare
CNBC
Stock futures are little changed as major averages head for losing week; Netflix tumbles after earnings: Live updates
The moves come after a decline in chipmakers dragged the broader market lower.
No B.S. Just Charts.
Crash alert - and the first real buy levels. In today's Game Plan, Chief Market Strategist Gareth #Soloway breaks down the semiconductor collapse he's been warning about for months - now near major swing-buy levels on Micron, SanDisk, and Marvell. He's covered most of his shorts and is starting to nibble longs. Plus the Nasdaq's line in the sand at 25,000, Netflix and Oracle after earnings, and gold and silver nearing support.
๐ COVERED IN THIS EPISODE:
๐ด Semiconductors (overview) - The collapse Gareth warned about has arrived; he expects an eventual ~70-75% drawdown, but big 20-25% bounces come first - and he's scoping buy levels now
๐ต S&P 500 - Down ~1%, testing the 2021 bull-market trendline; the more it's hit the weaker it gets. A break below would be a failed breakout - a bad sign for the broader market
๐ด Nasdaq 100 - Down ~2% (~585 pts), dragged by the semis; the line in the sand is 25,000 (a major pivot). Break it and 24,000 is next
๐ด Micron (MU) - A huge support zone from ~$815 down to the ~$750 gap fill; Gareth got out of his short and may start nibbling a long below $800
๐ด SanDisk (SNDK) - Down $1,000+ from its highs; major support ~$1,285 down to ~$1,200 (the textbook broke-retraced-now-lower play)
๐ด Marvell (MRVL) - A 40%+ drop into good support - one of his favorites for a bounce
๐ด Netflix (NFLX) - Blew through $68.70 on weak earnings; next level ~$64 for a possible day-trade bounce
๐ต Oracle (ORCL) - Support ~$120 (two trendlines); Gareth likes it as the inverse of the memory names - extreme fear vs. earlier extreme greed
๐ด SpaceX - Nasty drop after a scrubbed launch; Gareth stays on the sidelines unless it hits the $100 psychological level
๐ต Intuitive Surgical (ISRG) - Down on guidance; no interest unless the ~$330 gap fill
๐ต Alcoa (AA) - A bear-flag break lower; possible swing-trade support ~$41 as the metals near support
๐ด Gold - Hammered (low ~$3,959) as the dollar bounces; support just below $3,900 where Gareth starts nibbling longer-term
๐ด Silver - Within $0.77 of his $54 target; he'll accumulate $54 down to $46. The first bearish retail comments are appearing - an early psychological tell
๐ข Crude Oil - Upticking on Middle East degradation; $87 is his short level (the buy call worked), expecting a pullback toward $70 or sub-$70
๐ต Natural Gas - A tiny bid, but forming a bear flag; needs to lift off the mat soon or he'd favor a breakdown by mid next week
๐ต Bitcoin (BTC) - Slipped back below the inverse-H&S neckline (never confirmed above); still a top performer since early July - watch if a Nasdaq bounce lifts it
๐ KEY TAKEAWAY: The semiconductor crash Gareth called is here, and he's flipped from short to scoping longs - Micron (below $800), SanDisk ($1,285-$1,200), and Marvell into support for 20-25% bounces, even though he sees an eventual ~70-75% cycle drawdown. The Nasdaq's 25,000 is the line in the sand, and the psychological tells (bearish silver comments, crushed hype names) are exactly what he watches to time the turns.
โฑ TIMESTAMPS (estimated)
0:00โ - Intro: The Semi Collapse & Scoping Buy Levels
1:30โ - S&P 500: The Failed-Breakout Risk
3:00โ - Nasdaq: The 25,000 Line in the Sand
5:00โ - Netflix: Blew Through Support on Earnings
7:00โ - Intuitive Surgical, Alcoa & SpaceX
9:30โ - Oracle: Extreme Fear as the Inverse Trade
11:00โ - Micron, SanDisk & Marvell: The Buy Zones
14:00โ - Gold & Silver: Nearing Support & the Psychology
17:00โ - Oil, Natural Gas & Bitcoin
19:30โ - Wrap-Up
#MyTradingGamePlanโ #VerifiedInvestingโ #GarethSolowayโ #StockMarketโ #TechnicalAnalysisโ #Semiconductorsโ #Micronโ #SanDiskโ #Marvellโ #Netflixโ #Oracleโ #Goldโ #Silverโ #Bitcoinโ #StockMarket2026โ
https://www.youtube.com/live/ohUEVe7tW6w?is=2bxOxXTquW_etjxC
Crash alert - and the first real buy levels. In today's Game Plan, Chief Market Strategist Gareth #Soloway breaks down the semiconductor collapse he's been warning about for months - now near major swing-buy levels on Micron, SanDisk, and Marvell. He's covered most of his shorts and is starting to nibble longs. Plus the Nasdaq's line in the sand at 25,000, Netflix and Oracle after earnings, and gold and silver nearing support.
๐ COVERED IN THIS EPISODE:
๐ด Semiconductors (overview) - The collapse Gareth warned about has arrived; he expects an eventual ~70-75% drawdown, but big 20-25% bounces come first - and he's scoping buy levels now
๐ต S&P 500 - Down ~1%, testing the 2021 bull-market trendline; the more it's hit the weaker it gets. A break below would be a failed breakout - a bad sign for the broader market
๐ด Nasdaq 100 - Down ~2% (~585 pts), dragged by the semis; the line in the sand is 25,000 (a major pivot). Break it and 24,000 is next
๐ด Micron (MU) - A huge support zone from ~$815 down to the ~$750 gap fill; Gareth got out of his short and may start nibbling a long below $800
๐ด SanDisk (SNDK) - Down $1,000+ from its highs; major support ~$1,285 down to ~$1,200 (the textbook broke-retraced-now-lower play)
๐ด Marvell (MRVL) - A 40%+ drop into good support - one of his favorites for a bounce
๐ด Netflix (NFLX) - Blew through $68.70 on weak earnings; next level ~$64 for a possible day-trade bounce
๐ต Oracle (ORCL) - Support ~$120 (two trendlines); Gareth likes it as the inverse of the memory names - extreme fear vs. earlier extreme greed
๐ด SpaceX - Nasty drop after a scrubbed launch; Gareth stays on the sidelines unless it hits the $100 psychological level
๐ต Intuitive Surgical (ISRG) - Down on guidance; no interest unless the ~$330 gap fill
๐ต Alcoa (AA) - A bear-flag break lower; possible swing-trade support ~$41 as the metals near support
๐ด Gold - Hammered (low ~$3,959) as the dollar bounces; support just below $3,900 where Gareth starts nibbling longer-term
๐ด Silver - Within $0.77 of his $54 target; he'll accumulate $54 down to $46. The first bearish retail comments are appearing - an early psychological tell
๐ข Crude Oil - Upticking on Middle East degradation; $87 is his short level (the buy call worked), expecting a pullback toward $70 or sub-$70
๐ต Natural Gas - A tiny bid, but forming a bear flag; needs to lift off the mat soon or he'd favor a breakdown by mid next week
๐ต Bitcoin (BTC) - Slipped back below the inverse-H&S neckline (never confirmed above); still a top performer since early July - watch if a Nasdaq bounce lifts it
๐ KEY TAKEAWAY: The semiconductor crash Gareth called is here, and he's flipped from short to scoping longs - Micron (below $800), SanDisk ($1,285-$1,200), and Marvell into support for 20-25% bounces, even though he sees an eventual ~70-75% cycle drawdown. The Nasdaq's 25,000 is the line in the sand, and the psychological tells (bearish silver comments, crushed hype names) are exactly what he watches to time the turns.
โฑ TIMESTAMPS (estimated)
0:00โ - Intro: The Semi Collapse & Scoping Buy Levels
1:30โ - S&P 500: The Failed-Breakout Risk
3:00โ - Nasdaq: The 25,000 Line in the Sand
5:00โ - Netflix: Blew Through Support on Earnings
7:00โ - Intuitive Surgical, Alcoa & SpaceX
9:30โ - Oracle: Extreme Fear as the Inverse Trade
11:00โ - Micron, SanDisk & Marvell: The Buy Zones
14:00โ - Gold & Silver: Nearing Support & the Psychology
17:00โ - Oil, Natural Gas & Bitcoin
19:30โ - Wrap-Up
#MyTradingGamePlanโ #VerifiedInvestingโ #GarethSolowayโ #StockMarketโ #TechnicalAnalysisโ #Semiconductorsโ #Micronโ #SanDiskโ #Marvellโ #Netflixโ #Oracleโ #Goldโ #Silverโ #Bitcoinโ #StockMarket2026โ
https://www.youtube.com/live/ohUEVe7tW6w?is=2bxOxXTquW_etjxC
YouTube
Crash Alert: Semiconductors Near MAJOR Buys After Collapse, Silver & Gold Support, Top Trades
๐ Trade alongside the Verified Pro Traders in the Apex Live Day Trading Room: https://verifiedinvesting.com/products/apex-live-day-trading-room
๐ SAFETY NOTICE: Gareth Soloway and the Verified Investing team will NEVER reach out to you on Telegram, WhatsAppโฆ
๐ SAFETY NOTICE: Gareth Soloway and the Verified Investing team will NEVER reach out to you on Telegram, WhatsAppโฆ
Stocks fall as chip stocks bounce off lows
https://finance.yahoo.com/markets/live/stock-market-today-friday-july-17-dow-sp-500-nasdaq-092345307.html
https://finance.yahoo.com/markets/live/stock-market-today-friday-july-17-dow-sp-500-nasdaq-092345307.html
Yahoo Finance
Stock market today: Dow, S&P 500, Nasdaq post weekly losses as semiconductors get smoked
US stocks posted weekly losses as the semiconductor sector continued to drag markets lower.
SpaceX stock closes at all-time low after test flight scrubbed
https://finance.yahoo.com/markets/stocks/article/spacex-stock-closes-at-lows-after-first-test-flight-since-ipo-scrubbed-140052308.html
https://finance.yahoo.com/markets/stocks/article/spacex-stock-closes-at-lows-after-first-test-flight-since-ipo-scrubbed-140052308.html
Yahoo Finance
SpaceX stock closes at lows after first test flight since IPO scrubbed
SpaceX stock continues to dominate headlines following scrapped plans for a Starship test flight. Thursday night's stoppage comes as SpaceX shares plumb new lows.
US dollar set for a strong second half of the year, Bank of America says
https://finance.yahoo.com/markets/article/us-dollar-set-for-a-strong-second-half-of-the-year-bank-of-america-says-154650544.html
https://finance.yahoo.com/markets/article/us-dollar-set-for-a-strong-second-half-of-the-year-bank-of-america-says-154650544.html
Yahoo Finance
US dollar set for a strong second half of the year, Bank of America says
Geopolitical tensions, the AI boom, and higher-for-longer interest rates should set the US dollar up for a strong second half of 2026, Bank of America says.
๐ฅ1
'It's in no man's land': What Wall Street is saying about Netflix's big miss
https://finance.yahoo.com/markets/article/its-in-no-mans-land-what-wall-street-is-saying-about-netflixs-big-miss-154355150.html
https://finance.yahoo.com/markets/article/its-in-no-mans-land-what-wall-street-is-saying-about-netflixs-big-miss-154355150.html
Yahoo Finance
'It's in no man's land': What Wall Street is saying about Netflix's big miss
In Netflix, Wall Street sees a stock that's lost its momentum.
๐ฅ1
Bull market remains historically strong despite recent tech stock pain: #Chart of the day
https://finance.yahoo.com/markets/article/bull-market-remains-historically-strong-despite-recent-tech-stock-pain-chart-152657879.html
https://finance.yahoo.com/markets/article/bull-market-remains-historically-strong-despite-recent-tech-stock-pain-chart-152657879.html
Yahoo Finance
Bull market remains historically strong despite recent tech stock pain: Chart
The bull market is still alive.
๐1
What happened in China this week:
1. China's growth slows to 4.3% in Q2 2026. Consumption grew just 2.7%, property investment fell 18%, and exports rose 27%.
2. China AI stocks fell with the rest of the world. Sector rotation is underway, and biotech stocks have been one beneficiary.
3. One biotech stock that IPO'd in February is up 80% since and has just turned profitable.
4. Apple picked Alibaba and Baidu to power Apple Intelligence across iPhone, iPad, Mac and Vision Pro devices in China.
5. CATL's sodium-ion technology is going places. It just won a deal to deploy 5GWh of sodium-ion energy storage systems across Western Europe from 2027
For more insights, read [Premium]: https://growthdragons.substack.com/p/growth-dragons-weekly-china-gdp-slows
1. China's growth slows to 4.3% in Q2 2026. Consumption grew just 2.7%, property investment fell 18%, and exports rose 27%.
2. China AI stocks fell with the rest of the world. Sector rotation is underway, and biotech stocks have been one beneficiary.
3. One biotech stock that IPO'd in February is up 80% since and has just turned profitable.
4. Apple picked Alibaba and Baidu to power Apple Intelligence across iPhone, iPad, Mac and Vision Pro devices in China.
5. CATL's sodium-ion technology is going places. It just won a deal to deploy 5GWh of sodium-ion energy storage systems across Western Europe from 2027
For more insights, read [Premium]: https://growthdragons.substack.com/p/growth-dragons-weekly-china-gdp-slows
Substack
Growth Dragons Weekly: China GDP Slows To 4.3%, Apple Picks Alibaba and Baidu, CATL Wins Europe
What happened in China this week:
Oracle's stock crash looks embarrassing for billionaire founder Larry Ellison
https://finance.yahoo.com/markets/stocks/article/oracles-stock-crash-looks-embarrassing-for-billionaire-founder-larry-ellison-131809503.html
https://finance.yahoo.com/markets/stocks/article/oracles-stock-crash-looks-embarrassing-for-billionaire-founder-larry-ellison-131809503.html
Yahoo Finance
Oracle's stock crash looks embarrassing for billionaire founder Larry Ellison
Oracle stock has sunk to the ocean floor, and it's unclear what will bring it back afloat.
๐1
๐ณ WhalePool Traders Journal
No B.S. Just Charts. Crash alert - and the first real buy levels. In today's Game Plan, Chief Market Strategist Gareth #Soloway breaks down the semiconductor collapse he's been warning about for months - now near major swing-buy levels on Micron, SanDiskโฆ
What happened in China this week:
1. China's growth slows to 4.3% in Q2 2026. Consumption grew just 2.7%, property investment fell 18%, and exports rose 27%.
2. China AI stocks fell with the rest of the world. Sector rotation is underway, and biotech stocks have been one beneficiary.
3. One biotech stock that IPO'd in February is up 80% since and has just turned profitable.
4. Apple picked Alibaba and Baidu to power Apple Intelligence across iPhone, iPad, Mac and Vision Pro devices in China.
5. CATL's sodium-ion technology is going places. It just won a deal to deploy 5GWh of sodium-ion energy storage systems across Western Europe from 2027.
For more insights, read [Premium]: https://growthdragons.substack.com/p/growth-dragons-weekly-china-gdp-slows
1. China's growth slows to 4.3% in Q2 2026. Consumption grew just 2.7%, property investment fell 18%, and exports rose 27%.
2. China AI stocks fell with the rest of the world. Sector rotation is underway, and biotech stocks have been one beneficiary.
3. One biotech stock that IPO'd in February is up 80% since and has just turned profitable.
4. Apple picked Alibaba and Baidu to power Apple Intelligence across iPhone, iPad, Mac and Vision Pro devices in China.
5. CATL's sodium-ion technology is going places. It just won a deal to deploy 5GWh of sodium-ion energy storage systems across Western Europe from 2027.
For more insights, read [Premium]: https://growthdragons.substack.com/p/growth-dragons-weekly-china-gdp-slows
Substack
Growth Dragons Weekly: China GDP Slows To 4.3%, Apple Picks Alibaba and Baidu, CATL Wins Europe
What happened in China this week:
#USMarketUpdate
Wall St ends lower for the day and week as chip selloff broadens | Reuters
SUMMARY
Indexes down: Dow 0.77%, S&P 500 1.01%, Nasdaq 1.40%Netflix falls as earnings forecast disappointsIntuitive Surgical slides on insurance coverage concernsFlaring Middle East tensions send energy stocks higher
NEW YORK, July 17 (Reuters) - Wall Street extended its decline on Friday as a pullback on stocks associated โwith the AI boom, which has driven many of the gains so far this year, morphed into a larger risk-off sentiment.
Semiconductor shares, โwhich have led the broader market's move in recent sessions, initially led the selloff, which broadened as the session progressed.
All three major U.S. stock indexes closed lower on the day and posted weekly losses.
The Philadelphia SE Semiconductor Index (.SOX), opens new tab logged its steepest weekly loss in over a year, and has tumbled over 18% so far in July. Even so, the index remains up โnearly 65% year-to-date, compared with the S&P 500's nearly 9% gain over the same time frame.
The SOX closed 20.2% below its June 22 record โclosing high, confirming the index entered a bear market on that date.
Some investors in the artificial intelligence space have begun โ positioning for a slowdown in the nearly trillion-dollar spending boom, with some active managers already scaling back their exposure, according to a Reuters analysis...
Among the Magnificent Seven group of AI-related megacaps, all but Apple (AAPL.O), opens new tab dipped, with Meta (META.O), opens new tab and Alphabet (GOOGL.O), opens new tab suffering the worst of it, down 2.7% and 3.2%, respectively...
Among the major sectors of the S&P 500, communication services (.SPLRCL), opens new tab and consumer discretionary (.SPLRCD), opens new tab โfell the most, while energy stocks (.SPNY), opens new tab were the sole gainers, benefiting from spiking crude prices amid signs of escalating hostilities in the Iran war.
Q2 EARNINGS SEASON GETS OFF TO AN UPBEAT START
Second-quarter โearnings season โ is still in its early days, with 49 of the companies in the S&P 500 having reported.
Of those, 90% have delivered better-than-expected results, according to LSEG.
Analysts now see year-on-year S&P 500 earnings growth of 26.0%, in aggregate, up from the 19.2% expectations as of April 1, per LSEG.
Netflix (NFLX.O), opens new tab tumbled 7.3% after โ the company's weaker-than-expected earnings forecast, raising doubts about the sustainability of the content growth momentum.
Uber Technologies (UBER.N), opens new tab dropped 2.1% after the rideshare app announced it would acquire Germany's Delivery Hero (DHER.DE), opens new tab in a deal worth nearly $15 billion.
Intuitive Surgical (ISRG.O), opens new tab shares slid 14.2% after the medical device maker kept its da Vinci procedure growth forecast unchanged and warned insurance-plan changes may be delaying patient care.
On the economic front, โ consumer sentiment increased to a five-month high in July, but single-family housing starts and building permits dipped, and industrial output increased by a meager 0.1%
Declining issues outnumbered advancers by a 1.94-to-1 ratio on the New York Stock Exchange. There were 258 new highs and 180 new lows on the NYSE.
On the Nasdaq, 1,717 stocks rose and 3,019 โ fell as declining โissues outnumbered advancers by a 1.76-to-1 ratio.
The S&P 500 posted 48 new 52-week highs and 4 โnew lows while the Nasdaq Composite recorded 75 new highs and 190 new lows.
Volume on U.S. exchanges was 17.55 billion shares, compared with the 20.87 billion average for the full session over the โlast 20 trading days
https://www.reuters.com/business/wall-st-futures-fall-chip-selloff-gathers-pace-netflix-tumbles-2026-07-17/
Wall St ends lower for the day and week as chip selloff broadens
https://www.straitstimes.com/business/companies-markets/wall-st-ends-lower-for-the-day-and-week-as-chip-selloff-broadens
Wall St ends lower for the day and week as chip selloff broadens | Reuters
SUMMARY
Indexes down: Dow 0.77%, S&P 500 1.01%, Nasdaq 1.40%Netflix falls as earnings forecast disappointsIntuitive Surgical slides on insurance coverage concernsFlaring Middle East tensions send energy stocks higher
NEW YORK, July 17 (Reuters) - Wall Street extended its decline on Friday as a pullback on stocks associated โwith the AI boom, which has driven many of the gains so far this year, morphed into a larger risk-off sentiment.
Semiconductor shares, โwhich have led the broader market's move in recent sessions, initially led the selloff, which broadened as the session progressed.
All three major U.S. stock indexes closed lower on the day and posted weekly losses.
The Philadelphia SE Semiconductor Index (.SOX), opens new tab logged its steepest weekly loss in over a year, and has tumbled over 18% so far in July. Even so, the index remains up โnearly 65% year-to-date, compared with the S&P 500's nearly 9% gain over the same time frame.
The SOX closed 20.2% below its June 22 record โclosing high, confirming the index entered a bear market on that date.
Some investors in the artificial intelligence space have begun โ positioning for a slowdown in the nearly trillion-dollar spending boom, with some active managers already scaling back their exposure, according to a Reuters analysis...
Among the Magnificent Seven group of AI-related megacaps, all but Apple (AAPL.O), opens new tab dipped, with Meta (META.O), opens new tab and Alphabet (GOOGL.O), opens new tab suffering the worst of it, down 2.7% and 3.2%, respectively...
Among the major sectors of the S&P 500, communication services (.SPLRCL), opens new tab and consumer discretionary (.SPLRCD), opens new tab โfell the most, while energy stocks (.SPNY), opens new tab were the sole gainers, benefiting from spiking crude prices amid signs of escalating hostilities in the Iran war.
Q2 EARNINGS SEASON GETS OFF TO AN UPBEAT START
Second-quarter โearnings season โ is still in its early days, with 49 of the companies in the S&P 500 having reported.
Of those, 90% have delivered better-than-expected results, according to LSEG.
Analysts now see year-on-year S&P 500 earnings growth of 26.0%, in aggregate, up from the 19.2% expectations as of April 1, per LSEG.
Netflix (NFLX.O), opens new tab tumbled 7.3% after โ the company's weaker-than-expected earnings forecast, raising doubts about the sustainability of the content growth momentum.
Uber Technologies (UBER.N), opens new tab dropped 2.1% after the rideshare app announced it would acquire Germany's Delivery Hero (DHER.DE), opens new tab in a deal worth nearly $15 billion.
Intuitive Surgical (ISRG.O), opens new tab shares slid 14.2% after the medical device maker kept its da Vinci procedure growth forecast unchanged and warned insurance-plan changes may be delaying patient care.
On the economic front, โ consumer sentiment increased to a five-month high in July, but single-family housing starts and building permits dipped, and industrial output increased by a meager 0.1%
Declining issues outnumbered advancers by a 1.94-to-1 ratio on the New York Stock Exchange. There were 258 new highs and 180 new lows on the NYSE.
On the Nasdaq, 1,717 stocks rose and 3,019 โ fell as declining โissues outnumbered advancers by a 1.76-to-1 ratio.
The S&P 500 posted 48 new 52-week highs and 4 โnew lows while the Nasdaq Composite recorded 75 new highs and 190 new lows.
Volume on U.S. exchanges was 17.55 billion shares, compared with the 20.87 billion average for the full session over the โlast 20 trading days
https://www.reuters.com/business/wall-st-futures-fall-chip-selloff-gathers-pace-netflix-tumbles-2026-07-17/
Wall St ends lower for the day and week as chip selloff broadens
https://www.straitstimes.com/business/companies-markets/wall-st-ends-lower-for-the-day-and-week-as-chip-selloff-broadens
While You Were Sleeping: 5 stories you might have missed, July 18, 2026
https://www.straitstimes.com/world/while-you-were-sleeping-5-stories-you-might-have-missed-july-18-2026
https://www.straitstimes.com/world/while-you-were-sleeping-5-stories-you-might-have-missed-july-18-2026
The Straits Times
While You Were Sleeping: 5 stories you might have missed, July 18, 2026
While You Were Sleeping: 5 stories you might have missed, July 18, 2026. Read more at straitstimes.com. Read more at straitstimes.com.
21 Best Things To Do This Weekend In Singapore โ 17th-19th July 2026
#Weekend
https://thesmartlocal.com/read/things-to-do-this-weekend-singapore/
#Weekend
https://thesmartlocal.com/read/things-to-do-this-weekend-singapore/
TheSmartLocal - Singapore's Leading Travel and Lifestyle Portal
20 Best Things To Do This Weekend In Singapore โ 14th-16th August 2026
Looking for activities to fill your calendar? Here are all the best things to do this weekend in Singapore.
#Weekend
Time Out Worldwide
https://www.timeout.com
Things to do in and around Singapore
https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.timeout.com/singapore/things-to-do&ved=2ahUKEwjKprGEgtuVAxVB4TgGHTyOPZ4QFnoECEgQAQ&sqi=2&usg=AOvVaw0DoxdiiRd3YVhFa_7NIIj-
Time Out Worldwide
https://www.timeout.com
Things to do in and around Singapore
https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.timeout.com/singapore/things-to-do&ved=2ahUKEwjKprGEgtuVAxVB4TgGHTyOPZ4QFnoECEgQAQ&sqi=2&usg=AOvVaw0DoxdiiRd3YVhFa_7NIIj-
Time Out Worldwide
Time Out | Best Things To Do and Events In Cities Worldwide
Your ultimate guide to the best art and entertainment, food and drink, attractions, hotels and things to do in the worldโs greatest cities.