WS #12134
IBM plunges 25% on Q2 warning, Micron loses 10% with $110B market cap wiped, and SpaceX falls below IPO price, signaling broad tech weakness. Apple Intelligence approved for launch in China with Alibaba's Qwen AI, driving AAPL to a 52-week high and bullish for Apple and Chinese AI partners.
Tech Sector Weakness (IBM, MU, SpaceX)
IBM plunges 25% on Q2 warning, Micron loses 10% with $110B market cap wiped, and SpaceX falls below IPO price, signaling broad tech weakness.
Apple Intelligence approved for launch in China with Alibaba's Qwen AI, driving AAPL to a 52-week high and bullish for Apple and Chinese AI partners.