Nasdaq lags on angst over AI spending ahead of earnings reports

Nasdaq lags on angst over AI spending ahead of earnings reports

By Sinéad Carew and Ragini Mathur

Fri July 24, 2026  

Big rally until 12:30, then it all came tumbling down with the S&P closing flat and the Nasdaq into 3-digit negatives again. The Dow did much better advancing 400 points before falling but still closed up 235. The slump in tech came from still another day of investors fearful of the enormous AI spending. The fear of missing out was overwhelmed today by the fear of massive overbuilding. The Dow was boosted by falling oil prices triggered by China planning to intervene in the peace talks and get Iran back to the table, all this despite the war’s massive escalation.  

Wall St falls as tech earnings spark AI spending worries and oil hits $100

Wall St falls as tech earnings spark AI spending worries and oil hits $100

By Sinéad Carew and Ragini Mathur

Thu July 23, 2026  

Today was the perfect trifecta after disappointing Q2 from both Tesla and Alphabet drove all three indexes straight down from the open raising more concerns above AI spending and overvaluations in tech. Then there was oil hitting the magic 100, the benchmark that causes panic to set in about inflation. The war itself and all its escalations was the third part of the day’s troubles.  

Wall Street indexes dip with technology earnings, rising oil in focus

Wall Street indexes dip with technology earnings, rising oil in focus

By Sinéad Carew and Ragini Mathur

Wed July 22, 2026  

Mixed results from tech stocks today triggered concerns about the direction they’re heading and led the Nasdaq down considerably though all the indexes did well in the morning. The Dow was up over 200 at 1 pm and the S&P up over 15, the Nasdaq having started the day seriously in the red but then zoomed back at 11 a.m. to break-even by noon only to start tumbling at 1 pm like the others. Despite the positive morning, all closed modestly in the red except the Nasdaq which closed down a more serious 3-digits.  

Wall St ends higher on chip stocks recovery; earnings draw focus

Wall St ends higher on chip stocks recovery; earnings draw focus

By Sinéad Carew and Ragini Mathur

Tue July 21, 2026  

With the recent beating that chip stocks have taken in recent days, today appeared to be the day for all the bargain hunters to come out of the woodwork, pushing all three indexes straight up and way up into significant 3-digit gains. The escalating war took very much a backseat as investors await more AI Q2 earnings, pushing the stocks way up ahead of the actual reporting on the fears that they might miss out.  

Wall Street indexes fall, with Iran and earnings season in focus

Wall Street indexes fall, with Iran and earnings season in focus

By Sinéad Carew and Ragini Mathur

Mon July 20, 2026  

The war rages on and now Yemen is threatening to open still another major front in the conflict which could add even more impact to global oil supplies. All three indexes thus took another dive with the Nasdaq and S&P spending most of the day in the black before closing very modestly down, all on the hope that an overture today from Iran to bring about de-escalation and another cease fire could well work out.  

Wall St ends lower for the day and week as chip selloff broadens

Wall St ends lower for the day and week as chip selloff broadens

By Stephen Culp and Ragini Mathur

Fri July 17, 2026  

Another severe down day for tech, which is probably a healthy thing as it is cooling down a market that was widely feared to be way overheated. As today’s expert put it, “The market has chip fatigue. Those stocks got way ahead of themselves and now they’re coming back to Earth.” Tech was down from open but the Dow actually started the day about 60 points in the black around 45 minutes after open, but was almost 600 points down at open but zoomed up to break-even within half an hour before falling off the cliff again with a gradual decline all afternoon that still led to a 3-digit loss at close. Tech’s fall from grace was understandable but the Dow’s decline is more of a mystery, especially given how strong Q2 has been so far.  

Wall Street ends lower as chip weakness offsets solid earnings, economic data

Wall Street ends lower as chip weakness offsets solid earnings, economic data

By Stephen Culp and Ragini Mathur

Thu July 16, 2026  

After four out of five straight sessions of gains, tech took another substantial dive today. You might call it profit-taking, you might call it more jitters over extended fighting in the war that has basically now nullified the truce. The Dow, boosted by a strong Q2 from United Health, had less dramatic losses.  But today all the good economic news, of which there was a good amount, and all the good Q2 was not quite enough to avoid the dive in tech.