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Stock Market News — July 16, 2026 — Evening Update — Last 12 Hours (Pacific Time)
Tech and semiconductor stocks plummeted Thursday as AI spending concerns intensified, with Alphabet losing $200B in market cap over Google's Gemini delays and Netflix disappointing with weak Q3 guidance. The selloff spread globally—Nikkei fell 5%+ to June lows—while SpaceX's failed Starship test and
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