Nasdaq Slips as AI Stocks Sandisk, Western Digital Crash on Earnings
Dow Jones rises while Nasdaq futures fall as AI-linked storage stocks Sandisk and Western Digital plunge following disappointing earnings, dragging tech sentiment lower.
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Recently added · Page 1Tech Sector Selloff Hits Semiconductors Despite Bullish Trend
Argus notes ongoing volatility in tech, with storage and memory semiconductor stocks sold off sharply, dragging XLK down 5.5% weekly, though intermediate-term trend remains bullish.