Top 3 US Stock Market Stories From This Week
US stocks fell this week as investors reacted to disappointing Big Tech earnings, oil above $100 and sharp swings in semiconductor shares.
The Nasdaq lost around 2% between July 19 and July 25. The S&P 500 fell 0.6%, while the Dow dropped 0.4%. Technology stocks faced the heaviest pressure.
Here are the three biggest US stock market stories retail traders need to know.
Big Tech's AI Bill Shakes Wall Street
Tesla and Alphabet triggered a broad technology sell-off after their earnings reports raised concerns about the cost of AI investment.
Tesla shares fell 14.5% after the company reported negative free cash flow for the first time in more than two years. Investors also remained concerned about weaker vehicle demand and the cost of funding new products.
Alphabet dropped 7% after raising its expected 2026 capital spending to around $200 billion. The company reported strong cloud growth, but the higher spending forecast overshadowed those gains.
As a result, the Nasdaq fell more than 2% on Thursday. The sell-off also increased pressure on Microsoft, Amazon and Meta ahead of their earnings.
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