Market Volatility: Tech and AI Stocks Face Slumps Amid Fears and Valuations
TL;DR Summary
U.S. stock futures declined amid profit-taking after strong rallies, with notable earnings reports from AMD, Qualcomm, and McDonald's influencing market sentiment. The market is also watching economic indicators and a key Supreme Court case, while commodities like gold and oil show mixed movements. BlackRock remains optimistic about U.S. stocks driven by AI growth and potential Fed rate cuts.
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- Worried about a drop in tech stocks? How to play defense with your portfolio. MarketWatch
- Stock Futures Stalling as Fears Over AI Trade Persist Barron's
- Morning Bid: Wall Street gets vertigo Reuters
- SoftBank shares plunge 10%, wiping $23 billion in market cap, as AI stocks slide on valuation jitters CNBC
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