Geopolitics Alpha

AI Power Stocks Fell 7% to 13% in a Week While Exxon and Chevron Just Hit Record Highs. Here's Which Side I'd Rather Own.

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GEOPOLITICS ALPHAAI Power Stocks Fell 7% to 13% ina Week While Exxon and ChevronJust Hit Record Highs. Here's…XOMCVXGEOPOLITICS ALPHA

This report is about AI and big tech.

Directly affected

  • XOM ExxonMobil Holdings+11.8% 12d

    Named in this report.

  • CVX Chevron+6.5% 30d

    Named in this report.

Indirectly affected

  • QQQ Invesco QQQ+0.4% 17d

    Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story.

  • AIQ Global X Artificial Intelligence & Technology ETF-1.8% 30d

    Global X Artificial Intelligence & Technology ETF: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story.

  • MSFT Microsoft+7.1% 30d

    Microsoft (prepackaged software): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.

  • GOOGL Alphabet-8.2% 30d

    Alphabet (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.

  • AMZN Amazon.com+0.2% 30d

    Amazon.com (catalog and mail-order houses): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.

  • META Meta Platforms-6.0% 30d

    Meta Platforms (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
XOM-1.00%+1.85%baseafter closeafter closeafter closeafter close
CVX-0.66%+2.17%baseafter closeafter closeafter closeafter close
QQQ+0.56%-2.36%baseafter closeafter closeafter closeafter close
AIQNo price data for this ticker———————
MSFTNo price data for this ticker———————
GOOGLNo price data for this ticker———————
AMZNNo price data for this ticker———————
METANo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

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AI Power Stocks Fell 7% to 13% in a Week While Exxon and Chevron Just Hit Record Highs. Here's Which Side I'd Rather Own. Yahoo Finance

Source: Yahoo Finance

This story

CompanyWhenMoveStatus
CVXthree days earlier+2.17%final price
CVXfive days earlier-0.66%final price
QQQthree days earlier-2.36%final price
QQQfive days earlier+0.56%final price
XOMthree days earlier+1.85%final price
XOMfive days earlier-1.00%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

25 out of 100

“AI Power Stocks Fell 7% to 13% in a Week While Exxon and Chevron Just Hit Record Highs. Here's Which Side I'd Rather Own.” scores 25 out of 100. The score uses 2 sources.