Semiconductor and AI stocks fall, plus poor earnings
Stock market news
• The second big day of company reports brought almost total disappointment to shareholders. Apparently the market approached the reports too high. Semiconductor and health insurance stocks were the leaders of the fall. Oil stocks also fell due to calm in the Middle East. Markets are calm in the morning. Bitcoin is above $67 thousand, finally breaking away from the Nasdaq-100.
• European chip and luxury goods stocks will be in focus for investors on Wednesday for all the wrong reasons, after weak earnings at the region’s biggest tech company ASML and luxury goods...