"ASML Holding Stock Plummets: What Caused the Decline?"

ASML Holding stock fell 7.4% after the company reported disappointing first-quarter earnings, with a 22% revenue decline and lower-than-expected results. The company's transition to new technology for the AI boom led to increased expenses and lower operating margins. ASML's guidance also indicated a continuing decline in year-over-year revenue, signaling a potential slowdown in chip manufacturers' equipment upgrades. The stock's pullback reflects a need to dial back enthusiasm following a period of significant growth, prompting investors to consider other stock options.