Tech's worst day since 2020 wipes out the post-election rally

Tech stocks had their worst day since March 2020, wiping out the post-election rally as the Nasdaq sank 5% into correction territory and the S&P 500 fell more than 4%. Chip stocks plunged as investors priced in a slower AI build-out, and the VIX jumped to about 27. Brooke DiPalma and Jared Blikre break down the selloff, and Janus Henderson's Rich Bernstein explains why momentum investing ends like this and why a broadening market is healthy. Jared also looks at the QQQ vs. chip stocks and the shift from growth to value. Plus, Krispy Kreme CEO Josh Charlesworth on raising the company's outlook, Qualcomm CFO Akash Palkhiwala on automotive, AI devices and data centers, and e.l.f. Beauty CFO Mandy Fields on a 51% jump in net sales. 00:00 Tech's worst day since March 2020 01:56 The VIX spikes to 27 02:34 Chips and big tech get crushed 04:14 Why the AI trade is unwinding 04:53 Oil prices 05:19 Bob's Discount Furniture bucks the selloff 06:34 Rich Bernstein on what triggered the selloff 08:07 Is the froth coming out of AI? 09:36 How long will the volatility last? 11:58 ETF report: QQQ vs. chip stocks 15:32 Growth vs. value 19:59 Krispy Kreme CEO Josh Charlesworth 25:42 GLP-1 drugs and Krispy Kreme 28:42 Qualcomm CFO Akash Palkhiwala 31:45 Qualcomm's automotive boom 33:21 AI glasses and personal agents 35:25 Qualcomm's data center push 38:08 Qualcomm's licensing business 44:25 What to watch Friday 51:19 e.l.f. Beauty CFO Mandy Fields 53:27 Rhode's record Sephora launch #stockmarket #nasdaq #techstocks == AlphaSpace by Yahoo Finance: A Professional-Grade Investment Platform Built for Everyday Investors. 👉 https://finance.yahoo.com/about/promos/gold/alphaspace?ncid=100003571

GPT-4正在为你翻译摘要中......

翻译全文