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The semiconductor sector is undergoing a reset and has a tendency to underperform in the third quarter.
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Stock Market Today: Nasdaq Drops as Chip Selloff Deepens — Live Updates WSJS&P 500 falls, heads for losing week, led by chipmakers; Netflix plunges: Live updates CNBCStock Market Losses Led By Nasdaq, AI Stocks; Goldman, GE, Taiwan Semi, IBM In Focus: Weekly Review Investor's Business DailyStock market today: Nasdaq hammered by chips sell-off, Dow and S&P 500 fall after Netflix whiff Yahoo Finance
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Shares in SpaceX declined about 4% in premarket trading on Friday after aborted mission.
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High-flying semiconductor shares fall as ‘momentum trades' backfire
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SpaceX stock drops to a new low and loses $1 trillion in value in a month Business InsiderWhy has SpaceX stock continued to fall? Experts explain ABC News - Breaking News, Latest News and VideosSpaceX's Market Value Is Now $1 Trillion Lower Than Its Highs WSJSpaceX falls under IPO price, as lockup expirations loom Axios
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EchoStar's stock has for months been seen as a way to more cheaply get exposure to SpaceX.
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Nasdaq futures fall 2% as global chip sell-off continues: Live updates CNBCStock market today: Stocks fall after Netflix whiff while with chip stocks sell-off hammers Nasdaq Yahoo FinanceStocks Slide With Futures as Chip Selloff Deepens: Markets Wrap Bloomberg.comStocks drop on deepening semiconductor rout; oil set for weekly gain Reuters
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Taco Bell, which the CDC linked to the cyclosporiasis outbreak, will likely recover soon from the health safety scare, according to analysts.
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There's a reason big banks are making record profits.
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