Geopolitics Alpha

Asian tech stocks slump as AI rout deepens on disappointing U.S. earnings

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Covered by 2 outlets: Yahoo Finance, Investing.com.

Who covered it: Center 2. How we rate outlets

GEOPOLITICS ALPHAAsian tech stocks slump as AI routdeepens on disappointing U.S.earningsGEOPOLITICS ALPHA

This report is about AI and big tech and Asia.

Directly affected

  • No company is named in this report.

Indirectly affected

  • QQQ Invesco QQQ+2.3% 19d

    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-1.6% 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.

  • AAXJ iShares MSCI All Country Asia ex Japan ETF-9.0% 17d

    iShares MSCI All Country Asia ex Japan ETF holds stocks listed in Asia, which this story is about (“asian”).

  • MSFT Microsoft+6.8% 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-6.3% 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+1.4% 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-10.2% 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
QQQ-1.57%+0.81%baseafter closeafter closeafter closeafter close
AIQPrices arriving within minutes———after closeafter closeafter closeafter close
AAXJPrices arriving within minutes———after closeafter closeafter closeafter close
MSFTPrices arriving within minutes———after closeafter closeafter closeafter close
GOOGLPrices arriving within minutes———after closeafter closeafter closeafter close
AMZNPrices arriving within minutes———after closeafter closeafter closeafter close
METAPrices arriving within minutes———after closeafter closeafter closeafter close

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.

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Asian tech stocks slump as AI rout deepens on disappointing U.S. earnings Yahoo Finance

Source: Yahoo Finance

This story

CompanyWhenMoveStatus
QQQthree days earlier+0.81%final price
QQQfive days earlier-1.57%final price

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This story

25 out of 100

“Asian tech stocks slump as AI rout deepens on disappointing U.S. earnings” scores 25 out of 100. The score uses 2 sources.