WS #12141
IBM's historic 25% crash drags down hardware/IT services; semiconductor selloff broad but ASML earnings beat provides AI bullish counterpoint; Anthropic IPO meetings begin; Apple Intelligence approved in China via Alibaba Qwen. Apple Intelligence receives regulatory approval in China via Alibaba's Qwen models, bullish for AAPL as it unlocks AI features on China's iPhone market. Anthropic schedules investor meetings for potential mega-IPO as soon as October, bullish for AI sector and IPO pipeline.
Tech Sector Weakness and AI Divergence
IBM's historic 25% crash drags down hardware/IT services; semiconductor selloff broad but ASML earnings beat provides AI bullish counterpoint; Anthropic IPO meetings begin; Apple Intelligence approved in China via Alibaba Qwen.
Apple Intelligence receives regulatory approval in China via Alibaba's Qwen models, bullish for AAPL as it unlocks AI features on China's iPhone market.
Anthropic schedules investor meetings for potential mega-IPO as soon as October, bullish for AI sector and IPO pipeline.