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Alphabet, Intel in focus as US earnings season gathers steam
Corporate earnings season is gathering steam with key updates expected soon. Alphabet and Intel reports will influence the market-leading artificial intelligence trade. High profit expectations and Iran war uncertainty are currently impacting investor sentiment. The S&P 500 saw a weekly decline, driven by semiconductor share pullbacks. However, the benchmark index remains significantly up for the year.
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timesofindia.indiatimes.com
US stock market today: Fresh selling in AI-related stocks drags indices down; oil prices rise
US stock market today: Fresh selling in computer chipmakers and other companies that have benefited from the artificial intelligence boom dragged global equity markets lower on…
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economictimes.indiatimes.com
Chipmakers and other high-flying stocks slide as AI trade wobbles
As July commenced, global tech stocks faced a notable decline, predominantly driven by chip shares. This drop indicates investor profit-taking alongside worries regarding the…
