WS #12135
IBM plunges 25% on weak Q2 pre-results, Micron extends losses to -10% with $110B market cap erased, SpaceX falls below IPO price, and AMD/Intel slide amid memory chip selloff. Apple Intelligence approved for launch in China with Alibaba's Qwen AI integration, bullish for AAPL and Chinese AI partners.
Tech Sector Weakness
IBM plunges 25% on weak Q2 pre-results, Micron extends losses to -10% with $110B market cap erased, SpaceX falls below IPO price, and AMD/Intel slide amid memory chip selloff.
Apple Intelligence approved for launch in China with Alibaba's Qwen AI integration, bullish for AAPL and Chinese AI partners.