Tiger Global reduced its biggest tech holdings across Alphabet, Broadcom, Microsoft, Nvidia, Meta, Amazon, and TSMC in Q2 2026, exiting Netflix entirely. New positions include a $392 million AMD stake and a 375,000-share SpaceX position.
Source: floridastatesman.com · iranherald.com
Crude oil prices tumbled after the U.S. and Iran halted attacks and restarted negotiations, easing supply disruption fears. Stocks ended mixed, with the Dow up 0.5% but the Nasdaq down 0.2% as tech heavyweights diverged. For investors, the relief rally in energy-sensitive sectors is tempered by lingering inflation and rate uncertainty.
Source: twincities.com · thegazette.com
The S&P 500 eked out a 0.7% gain Friday, capped by a 15.3% Amazon rally and a 7.4% Apple decline. Surging oil prices due to Iran tensions are fueling inflation worries, complicating the Fed's rate path and causing violent sector swings. Investors weigh AI monetization hopes against tech valuation risks.
Source: eastbaytimes.com · ktbb.com
Cryptocurrencies and equities staged a coordinated recovery Thursday, with Bitcoin bouncing back above $65,000, while the Nasdaq soared 2.8% on Microsoft's earnings. Nearly $200 million in leveraged crypto shorts were liquidated, highlighting the risks of betting against the market.
Asian equities struggled for direction after a Big Tech sell-off, while gold spiked to $4,043 and the Fed’s rate decision kept investors on edge. Geopolitical tensions and AI valuation fears intensified the risk-off mood, leading to mixed closes across the region.
The tech-heavy Nasdaq dropped 0.63% on July 24 as chip stocks slumped on renewed anxiety over massive AI capital outlays, while the Dow added 0.46%. With Microsoft, Amazon, Meta, and Apple earnings due next week, investors are demanding proof that the spending boom can translate into profits, triggering a rotation into defensive sectors like real estate.
Source: SECTIONS US stocks today Nasdaq lags
Fed Chair Kevin Warsh’s opaque Senate testimony leaves markets uneasy as a deeply divided FOMC weighs AI-driven price pressures. With no clear rate signal, investors face prolonged uncertainty.
Source: bostonherald.com · mendocinobeacon.com
As US big tech wobbles, European investors seeking AI exposure are rotating into power suppliers and banks, capitalizing on massive EU and German fiscal packages. Prysmian surged 150% and ABB 84% on infrastructure demand, while the Stoxx 600’s minuscule 9% tech weighting forces creative ‘pick and shovel’ trades.
Source: The Business Times · Bloomberg
An Italian antitrust investigation into Microsoft's automatic price hike for AI-upgraded Microsoft 365 subscriptions raises the specter of a $20 billion-plus fine and potential headwinds for cloud revenue growth.
The S&P 500 and Nasdaq ended lower on Monday, dragged by a 5% slump in Alphabet amid AI infrastructure spending concerns, while the Dow eked out gains. SpaceX plunged 16.4% after its debt offering, and oil prices fell on progress in US-Iran talks.
Source: The Business Times · Straitstimes