Dow Jones falls 305 points as expensive underperformers drag despite tech rally
The Dow Jones Industrial Average dropped 305.32 points on Monday, with early figures at 4:01 p.m. showing it at 51,841.10. The cash market had just ended.
US equities end down; chip gains recover just 2.4% of bear market fall
U.S. equities finished Monday down, even as chipmakers bounced back. The S&P 500 declined 0.19% to end at 7,443.40. The Dow dropped 0.59%, and the Nasdaq edged 0.05% lower. The PHLX Semiconductor Index added 0.60%.
Microsoft Shares Gain After Broadening AMD Supply Deal Ahead of Over $40 Billion Capex Announcement
Shares of Microsoft Corporation gained roughly 2% on Monday after Azure expanded its semiconductor collaboration with Advanced Micro Devices Inc.. The main focus is on increasing investment. U.S. cash markets stayed open.
US Markets Open Mixed; Chip Stocks Recover Small Fraction of AI Loss
U.S. equities showed mixed performance Monday, with chipmaker shares bouncing back following last week’s selloff. However, the recovery offset only a limited portion of the industry’s losses.
AI Chip Rebound Puts $725 Billion Big Tech Investment Under Cash-Flow Scrutiny
Alphabet, Amazon.com, Microsoft and Meta Platforms could spend up to $725 billion this year. The scale is stark. That equals about 118% of their latest combined trailing-12-month operating cash flow.
Microsoft (NASDAQ:MSFT) advances ahead of Nasdaq as investors anticipate AI capex easing
Microsoft gained from $385.10 to $393.82 over the past week. The Nasdaq slipped 2.8% and the S&P 500 dropped 1.5%. On Friday, Microsoft declined 1.8%.
Magnificent Seven to Undergo Major AI-Era Earnings Test as Profit Margins Tighten
The Magnificent Seven approach earnings season with a much narrower profit-growth advantage, putting their substantial AI investments under greater scrutiny.
Microsoft (NASDAQ: MSFT) Stock Rallies Against Nasdaq Slide Despite AI Spending Discount
Microsoft shares climbed 1.8% in Thursday afternoon trading. The advance extended Wednesday’s 2.8% gain. Meanwhile, the Nasdaq Composite fell about 1% during a chip-led selloff.
Dow Jones Finishes Up 178; Four Big Names Contributed Most of the Gain
Dow Jones climbed 177.65 points Wednesday. But almost all of that came from just four big tech names—Apple, Alphabet, Microsoft and Amazon—who together added about 250.8 points. The other 26 stocks took away 73.1 points, net.
Dow climbs, with four tech giants hiding a 144-point drop from the rest
The Dow Jones Industrial Average finished up Wednesday, but a mid-morning look at quotes suggests Microsoft, Alphabet, Apple, and Amazon.com added about 255 points to the index—well over the Dow’s 111-point advance. The other 26 stocks in the Dow took away an estimated 144 points.
Nebius Group (NASDAQ:NBIS) slides as $1B Reflection AI deal fails to reassure on cash conversion
Nebius shares dropped 6.7% in New York Tuesday afternoon, even though Reflection AI agreed to buy over $1 billion in computing capacity. The stock was up almost 3% before the open, flipping the session for about a 10-point swing. Order book scarcity appears to be over.
Microsoft (NASDAQ:MSFT) Heads for $40 Billion Cash-Conversion Mark on July 29
Microsoft heads toward its July 29 earnings with bulls saying the recent drop and lower valuation may clear the way for a bounce. The question is how quickly AI demand will show up in cash flow versus heavy spending. Management projects Q4 capital expenditures of more than $40 billion with revenue between $86.7 billion and $87.8 billion. That puts capex at least 45.8% of sales, using the midpoint. The market wants evidence.
Robinhood’s top AI stocks split up $240 billion market cap
Nvidia, Advanced Micro Devices, Dell Technologies and Cisco Systems lost about $232 billion in combined market value during Monday's regular U.S. session. Meanwhile, Alphabet, Microsoft and Meta Platforms picked up a net $6 billion. That left a valuation gap of roughly $238 billion as of 1:52 p.m. EDT.
Vanguard ETF Pair Packs Almost 48% Into Top Nine Stocks
If you split cash half-and-half between Vanguard Total Stock Market ETF and Vanguard Growth ETF, nearly 48% of your portfolio ends up in just nine shared stocks. Those names drove both funds lower Monday. VUG dropped about 1.2% by 12:54 p.m. EDT. VTI and Vanguard S&P 500 ETF were both down about 0.7%. Vanguard High Dividend Yield ETF edged down 0.2%.
Xbox layoffs at Microsoft dwarf gaming revenue share
Microsoft is letting go of Xbox staff at a rate far above the unit’s share of company revenue, based on the latest numbers. Xbox made up a third, or 1,600, of the 4,800 job cuts, or 33.3%. Yet gaming only brought in 6.4% of Microsoft’s revenue in the March quarter.
Microsoft Stock Forecast: Three Target Cuts Slice 10% Off — Yet Still Point to 33% Upside
Microsoft heads into Monday after Argus Research cut its price target on Friday to $510 from $620, the sharpest of three reductions issued last week. Together with cuts from BMO Capital and Wolfe Research, the new targets average $511.67 — about 10% below their prior average, yet still 32.9% above Microsoft’s $385.10 Friday close. All three firms kept positive ratings.
Microsoft Shares Unchanged as New AI Data Arrives
Microsoft closed Friday almost flat, after an environmental report showed total greenhouse-gas emissions rose 25% in fiscal 2025, mainly on new data centers for AI. Shares ended the day up 0.19% at $385.10, moving in a 2.7% band, and finished 1.38% below last week’s close.
Nasdaq rises, but gains come from unexpected names
U.S. stocks gained late Thursday morning, with the Nasdaq ahead of the Dow. Buyers picked up chip-equipment and memory stocks, while top AI names traded weaker. Invesco QQQ Trust climbed 1.5%. SPDR S&P 500 ETF Trust was up 0.6%, and SPDR Dow Jones Industrial Average ETF Trust rose 0.4%. NVIDIA dropped 1.0% and Microsoft lost 0.8%.
Nasdaq Futures Rise on Chips, Traders Wary After Iran Shock
Nasdaq futures moved higher Thursday, lifted by gains in chip stocks. Dow futures slipped as IBM and Microsoft dropped, with traders also watching new U.S.-Iran fighting, choppy oil, and a Fed still talking tough on inflation.
Microsoft Stock Dips Ahead of AI Earnings Test
Microsoft shares were lower before the bell Thursday, as the focus shifted to the company’s earnings due in late July and how much it is spending on AI. The stock traded at $377.67 at 7:42 a.m. EDT, down 1.48%, after closing at $383.34 on Wednesday, Wall Street Journal data showed.
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