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Tech Stocks Shake, SpaceX Slumps | US News
Chip stocks are in turmoil despite TSMC’s stellar earnings, as Asian markets tumble amid mixed inflation signals and rising global tensions. The IPO market cools—ASML and South Korean tech giants slump under rate hikes and new fund rules, while SpaceX’s stock slips below its IPO price, hinting at more volatility ahead. Broader markets edge up, bonds find relief on softer producer prices, but Middle East tensions loom over oil prices and inflation fears. Key data and earnings, including Netflix, plus Fed speakers, will shape the next move. Listen in comfort:Get a discount on a Soli Pillow…
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