WS #12227
GOOGL drops 4.4% on Gemini 3.5 Pro delay, dragging NVDA and AMD lower; QQQ on track for worst July in 22 years. Netflix Q2 revenue and Q3 guidance miss estimates, though EPS beats; FCF miss raises concerns. TSMC pledges additional $100B US investment, but stock slips 3% on valuation concerns amid AI spending sustainability questions.
Tech Selloff Deepens
GOOGL drops 4.4% on Gemini 3.5 Pro delay, dragging NVDA and AMD lower; QQQ on track for worst July in 22 years.
Netflix Q2 revenue and Q3 guidance miss estimates, though EPS beats; FCF miss raises concerns.
TSMC pledges additional $100B US investment, but stock slips 3% on valuation concerns amid AI spending sustainability questions.