Geopolitics Alpha

European shares drop as AI spending worries hit tech; though best month since June in sight

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Covered by 2 outlets: Reuters, Euronext Markets: Real-time Stock Market Data | live.

Who covered it: Center 1 · Not rated 1. How we rate outlets

GEOPOLITICS ALPHAEuropean shares drop as AIspending worries hit tech; thoughbest month since June in sightGEOPOLITICS ALPHA

European shares drop as AI spending worries hit tech; though best month since June in sight Euronext Markets: Real-time Stock Market Data | live

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.

  • VGK Vanguard FTSE Europe ETF

    Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“european”).

  • 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
AIQNo price data for this ticker———————
VGKNo 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.

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European shares drop as AI spending worries hit tech; though best month since June in sight Reuters

Source: Reuters

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

“European shares drop as AI spending worries hit tech; though best month since June in sight” scores 25 out of 100. The score uses 2 sources.