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Ai Stocks

2 stories on Ai Stocks, newest first.

12 hours ago2 min read3 sourcesBearish

Nasdaq Futures Slip as Samsung's Record Profit Fails to Calm Chip Jitters

US tech futures pointed lower on Tuesday, with Nasdaq-100 futures down 0.98% as chip stocks slid, even after Samsung Electronics reported a record 19-fold jump in quarterly operating profit. Rather than reassure investors, the blowout results deepened doubts about whether AI-driven earnings can justify the trillions of dollars being poured into the buildout, sending Micron, Western Digital and other memory names down 5% to 7% before the bell. The pullback was concentrated in semiconductors: Dow futures actually edged 0.18% higher.

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yesterday2 min read4 sourcesBullish

Dow Hits Record as Chip Rebound Lifts US Stocks on AI Optimism

US stocks climbed in the first session after the July 4 holiday, with the Dow Jones Industrial Average closing at a record 53,055.91 as a rebound in chip stocks revived optimism about the AI trade. The S&P 500 rose 0.72% to 7,537.43 and the tech-heavy Nasdaq Composite led with a 1.12% gain to 26,121.16, helped by stronger-than-expected sales from Nvidia supplier Foxconn and by megacap names Alphabet, Apple, Meta and Tesla. Investors now look to Samsung Electronics' results on Tuesday, where the chipmaker is expected to report a roughly 18-fold jump in profit.

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Nasdaq Futures Slip as Samsung's Record Profit Fails to Calm Chip Jitters

Dow Hits Record as Chip Rebound Lifts US Stocks on AI Optimism

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