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Jul 17, 2026
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6 min read
The chip selloff accelerated as AI's biggest winners lost ground. Now the market is testing whether the broader rally can survive without semiconductors leading the way.
Jul 16, 2026
TSMC delivered record earnings. Chips sold off anyway. The AI trade is now being tested on costs, returns, and whether the biggest winners can keep winning.
Record bank trading, Apollo's AI shift, Hyundai's robot strike, United's fuel warning, and a divided Fed closed out a volatile week.
Jul 15, 2026
Morgan Stanley and BlackRock posted milestone results. SpaceX fell below $135. PPI dropped. Margin debt grew at a pace seen near past peaks.
ASML raised guidance. Morgan Stanley reports. AI bank boom grows. UAE gets AI chips. Data centers crowd out factories. CoreWeave eyes memory hedges.
Jul 14, 2026
Markets welcomed cooler inflation and blockbuster bank earnings. IBM paid the price for AI capex shifts. Trump dropped the toll. DeepSeek accelerated.