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Tech Selloff is Turning into a Rout","url":"https://stock-news.laohu8.com/highlight/detail?id=2652721407","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2652721407?lang=en_us&edition=fundamental","pubTime":"2026-07-17 19:07","pubTimestamp":1784286420,"startTime":"0","endTime":"0","summary":"Chip stocks are close to bear market territory -- the PHLX Semiconductor Index, SOX, is down 19% from its June peak.Memory-boom darling Micron closed below a $1 trillion market cap for the first time in six weeks. The $407 billion market value it has lost since June 25 is larger than the combined value of Qualcomm and Marvell.Oh, and SpaceX closed below its IPO price and then aborted a Starship launch, sending the shares even lower after-hours.There's more. The Magnificent Seven's recent ride to the rescue has been derailed, too. Alphabet stock fell 4.4% on reports its flagship AI model Gemini 3.5 Pro is months behind schedule. Meta, Amazon, and Nvidia also had bad days.Beijing-based AI start-up Moonshot released a new open model Friday, which it said closes the gap to Anthropic and OpenAI. The timing is awful -- not now, 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Move into Advertising, Video Games Fails to Impress Investors","url":"https://stock-news.laohu8.com/highlight/detail?id=2652210402","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2652210402?lang=en_us&edition=fundamental","pubTime":"2026-07-17 18:36","pubTimestamp":1784284560,"startTime":"0","endTime":"0","summary":"1035 GMT - Netflix remains a powerhouse as the world's largest streamer but investors don't seem impressed by its foray into advertising and video games, XTB's Kathleen Brooks writes in a note. \"This seems like a move back towards the legacy TV model, and far from the innovative tech giant that Netflix was once heralded as,\" she says. However, the U.S. streaming giant is making progress in artificial intelligence, already using the technology in more than 300 titles, mainly in postproduction, she notes. This could reduce Netflix's content costs, but for now the company has increased its content budget for this year, she adds. Netflix shares are down 9.1% premarket.  Dow Jones NewswiresJuly 17, 2026 06:36 ET Copyright  2026 Dow Jones & Company, 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