What to Expect in the Week Ahead (Google and Tesla Earnings; GDP and PCE Data)

This week, investors should keep an eye on earnings reports from several key players, including Google and Tesla. Key economic data to watch for will include the release of the first estimate of second-quarter gross domestic product and the Federal Reserve's preferred inflation measure for June.

Moomoo Breakfast US05:36 ET

US stocks closed with all three major indices falling, with the S&P Nasdaq index seeing its largest weekly decline in three months. Technology stocks weakened, with Tesla down more than 4%, Nvidia down more than 2%, and CrowdStrike down more than 11%.

Investors accelerated their escape from technology stocks, with stocks and bonds in Europe and the United States being hit hard for two days. This week, the S&P 500 and Nasdaq fell by about 2% and 3.7%, respectively. The Nasdaq stopped its six-week continuous rise, while the Dow and small-cap indices rose by 0.7% and 1.7%, respectively. Chip stocks fell more than 3% on Friday and nearly 9% for the week. Nvidia also fell more than 8.7% for the past three months, making it the worst performer. The "seven sisters of technology" all fell for the week, and cybersecurity leader Crowdstrike, which triggered a global technology outage, fell 11% on Friday, the worst in nearly two years. The VIX panic index rose more than 32% for the week.

wallstreetcnJul 19 21:32 ET

'Blue Screen of Death' Adds to Tech Pain on Summer Friday | Wall Street Today

U.S. stocks pulled back Friday, as the largest IT crash in history sent tech even lower for there week following a semiconductor sector pullback.

Moomoo Recap USJul 19 16:07 ET

Mega-Cap Technology Stocks Push US Equity Indexes Lower Friday

US equity indexes fell Friday as a continuing downdraft in technology proved to be a drag amid a global IT outage.The $Nasdaq Composite Index(.IXIC.US)$ declined 0.9% to 17,710.2, with the $S&P 500

MT NewswiresJul 19 16:02 ET

Plug Power Shares Decline 16% After Detailing Pricing of $200M Share Offering

By Denny Jacob Plug Power shares declined 16% after detailing the pricing of its previously announced $200 million public share offering. Shares were trading around $2.47, extending losses from after-

WSJJul 19 11:00 ET

Is the frenzy of small cap stocks in the US stock market just a short-lived short squeeze?

Biotechnology and regional banks, which were heavily shorted before, performed the best in terms of stocks. Analysts believe that short-covering is a major factor driving the recent rise in the Russell 2000.

wallstreetcnJul 19 09:55 ET