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China’s Moonshot AI Adds to Chip Investors’ Worries
The Wall Street Journal31d agobearish
China’s Moonshot AI Adds to Chip Investors’ Worries

The surprise release of a breakthrough artificial-intelligence model from China intensified a selloff in chip stocks on Friday, fueling concerns about competition in AI and massive corporate spending that underpins its build-out. Tech stocks led a Friday selloff that by late afternoon had broadened to envelop 10 of 11 sectors in the S&P 500 index. The latest trigger was China’s Moonshot AI, which unveiled its Kimi K3 large language model on Friday.

US stocks sink this week, semiconductors walloped amid sell-off
Yahoo Finance Video31d agobearishVIDEO
US stocks sink this week, semiconductors walloped amid sell-off

US equities (^DJI, ^IXIC, ^GSPC) closed Friday's session in negative territory — led by the Nasdaq Composite's 1.4% drop — all three of the market indexes seeing weekly losses amid the recent sell-off in semiconductor stocks. Yahoo Finance Markets and Data Editor Jared Blikre examines the day's market moves, taking a closer look at the losses in semiconductor stocks and the gains seen across the software landscape.

The Chip Selloff Has 'Gone Too Far.' The SOX Index Turns Positive.
Barrons.com31d agoneutral
The Chip Selloff Has 'Gone Too Far.' The SOX Index Turns Positive.

The PHLX Semiconductor Index has clawed its way back to the flatline, escaping a technical bear market. The index, which uses the ticker SOX, was up 0.5%, with memory chip stocks leading charge. With the chip selling easing, the Nasdaq and the S&P 500 pared their losses somewhat, with the indexes down 0.8% and 0.5%, respectively.

The Nasdaq ETF Built to Pay You Even When Tech Tanks
24/7 Wall St.31d agoneutral
The Nasdaq ETF Built to Pay You Even When Tech Tanks

Invesco's QQA ETF bolts a covered-call overlay onto a cash cushion and promises monthly income from the Nasdaq-100, but whether that cushion actually softens the blow or just quietly drains your upside is a trade-off worth understanding before you buy.