S&P 500 Drops as Chip Stocks Struggle Amid ASML Sales and Export Cap Concerns
$ASML Holding (ASML.US)$ dropped 16.3% after weak sales guidance and early earnings release. $KLA Corp (KLAC.US)$ (-14.7%), $Applied Materials (AMAT.US)$ (-10.9%), and $Lam Research (LRCX.US)$ (-10.7%) were hit hard by ASML's results and potential U.S. export restrictions.
$Walgreens Boots Alliance (WBA.US)$ jumped 15.8% after beating earnings estimates and outlining a store closure plan.
$Enphase Energy (ENPH.US)$ fell 9.3% after a downgrade by RBC Capital.
Other notable movers included cruise stocks like $Carnival (CCL.US)$ (+6.6%) and $Norwegian Cruise (NCLH.US)$ (+4.1%) boosted by lower oil prices.
$Walgreens Boots Alliance (WBA.US)$ jumped 15.8% after beating earnings estimates and outlining a store closure plan.
$Enphase Energy (ENPH.US)$ fell 9.3% after a downgrade by RBC Capital.
Other notable movers included cruise stocks like $Carnival (CCL.US)$ (+6.6%) and $Norwegian Cruise (NCLH.US)$ (+4.1%) boosted by lower oil prices.
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Money Thrill : If there where no export restrictions from US the guidance could be very good. So don't blame $ASML Holding (ASML.US)$ but your gouvernement! Let's the economy to be FREE![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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Money Thrill : So we say " they get a cookie of their own medicine"![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
the US semiconductor market get downwards ![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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73372627 Money Thrill : If was no restrictions, China will get in hand the most advanced tech of 3 and 2.5 nm, which will result of flooding the market with scrap copies of the best chips. also will be the same as in 1994 they done with the Intel (reason they gone out)
Money Thrill : Completely agree also, some caution is also important, but how would you react as CEO of a company?
73372627 : I will let as. They are a step to come with 2nm technology which will boost companies as NVIDA, TSMC, Intel, Samsung, Qualcomm, ARM.
PS: you talk about Microsoft. You make me call my broker (not Moo) to see my account with Microsoft. In 1989 I took 2000 share at 2.00$ (commision include) 1000 was a gift for my nice of her born day and rest keep in my account. I still keep and reinvest the dividend. I wait for the total account line and sell to put in NVDA. (I still have the share certificat)