tech

17
Jul

Stock Market News — July 17, 2026 — Morning Update — Last 12 Hours (Pacific Time)

Netflix plunged 10%+ on weak Q3 guidance while semiconductor stocks cratered after China's Kimi K3 AI designed a functional chip in 48 hours without proprietary tools, triggering a synchronized global tech selloff with capital rotating into energy and defense.
6 min read
14
Jul

Stock Market News — July 14, 2026 — Morning Update — Last 12 Hours (Pacific Time)

Cooler-than-expected June CPI data lifted Wall Street, but IBM's shock earnings warning triggered a sector-wide rout in enterprise software stocks as AI budgets cannibalize legacy IT spending. Big bank earnings from JPMorgan, Wells Fargo, and Bank of America beat expectations but failed to excite in
8 min read
29
Jun

Stock Market News — June 29, 2026 — Evening Update — Last 12 Hours (Pacific Time)

Nasdaq surged 2% and the Dow hit a record close Monday, powered by Alphabet's historic debut in the Dow and broad tech strength. After-hours saw biotech wins (Gain Therapeutics +21%, Abivax +18.5%) offset by a telecom rout and Uber-Waymo's robotaxi breakup.
7 min read
20
May

Stock Market News — Morning Update (last 12 hours) - Pacific Time - May 20, 2026

Chip stocks rallied ahead of Nvidia's earnings while OpenAI prepares to file for a landmark IPO, reshaping the AI investment landscape. However, major corporations including Intuit, HSBC, and Standard Chartered announced AI-driven job cuts, highlighting workforce disruption beneath the market's bull
6 min read