Stock futures slip as investors eye more earnings; Alphabet falls on higher capex outlook: Live updates CNBCInfrastructure Threats Rattle Markets WSJWall Street indexes dip with technology earnings, rising oil in focus ReutersStocks Fall Before Alphabet's Results as Oil Jumps: Markets Wrap Bloomberg.com
The different price action between artificial-intelligence hyperscalers and chip and infrastructure stocks is a throwback to a setup in the late 1990s, argues JPMorgan.