U.S. semiconductor stocks have evaporated over $500 billion! Wall Street is not scared off: the fundamentals are sound.

The volatility of semiconductor stocks in the US market may continue, but the fundamentals are still intact.

Zhitong Finance09:28

Goldman Sachs' top stock analyst: AI will not trigger an economic revolution, the bubble will burst eventually.

Jim Covello believes that the economic benefits brought by AI are not even comparable to those of smart phones and the internet; AI replaces low-paying jobs with expensive technology, which is completely opposite to the technological transformation that has occurred in the technology industry in the past thirty years.

wallstreetcn07:47

Top 20 turnover: Apple fell more than 2%, and well-known analyst said that the order for iPhone 16 may not increase; Eli Lilly and Co fell again by more than 6%, with a cumulative decline of nearly 10% in two days.

On Thursday, Nvidia, the top stock in trading volume, rose 2.8%, with a turnover of $38.415 billion. Tesla, the second highest, rose 0.29%, with a turnover of $27.937 billion. Apple, the third highest, fell 2.03%, with a turnover of $14.863 billion.

Sina Finance07:22

US stocks closed with the Dow falling more than 1% ending a six-day consecutive rise, while the Russell 2000 fell nearly 2%; Taiwan Semiconductor narrowly rose, and Nvidia rose nearly 3%.

Nasdaq and S&P fell more than 1% in intraday trading, and the Dow fell 1.3%, halting its six-day winning streak without reaching a new high. Russell small-cap stocks, which had been overbought to their highest level since 2017, have fallen for two consecutive days.

wallstreetcn07:13

Micron Technology Options Spot-On: On July 18th, 341.42K Contracts Were Traded, With 1.57 Million Open Interest

On July 18th ET, $Micron Technology(MU.US)$ had active options trading, with a total trading volume of 341.42K options for the day, of which put options accounted for 49.66% of the total transactions,

Futu News04:30

Unusual Options Activity: CAT, UAL and Others Attract Market Bets, CAT V/OI Ratio Reaches 307.7

EST Jul 18th Closing Delivery - In the last three hours of trading, 10 options with a high V/OI ratio were detected. With the market volatile, it's crucial to stay informed on the latest options

Futu News04:30