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via finance.yahoo.comMarkets

AI-fueled tech selloff in focus; Western Digital reports

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com - Futures linked to the main U.S. stock indices are mixed, after tech stocks sank in the prior session on growing jitters over the artificial intelligence trade. Anxieties surround the hunt for the capital needed to fund Silicon Valley's rapid AI buildout. At the…

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe tech selloff on AI funding jitters weighs on US stock futures sentiment.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Tech stocks sank in the prior session on growing jitters over the artificial intelligence trade.
  2. 02US index futures are mixed, with Nasdaq 100 futures slightly higher.
  3. 03Oil prices remain elevated on fears of intensifying violence in the Middle East.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
NVIDIA CorporationNVDAStock212.21 USDMarket closedtoday -4.40%Negative Advanced Micro Devices, Inc.AMDStock507.93 USDMarket closedtoday -8.10%Negative Meta Platforms, Inc.METAStock648.85 USDMarket closedtoday -6.98%Negative Western Digital CorporationWDCStock354.19 USDMarket closedtoday -6.43%Neutral S&P 500INDEX:SP500Index7,663.43Market closedtoday -1.21%Neutral Crude Oil WTICOMMODITY:WTICommodity100.78 USD+0.73%today +1.32%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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