Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories.
U.S. stocks finished a volatile week lower as an escalating selloff in artificial intelligence and semiconductor shares overshadowed encouraging inflation data. The S&P 500 and Nasdaq Composite posted weekly losses, while the Dow Jones Industrial Average also retreated as investors questioned whether the market’s AI-driven rally had become overextended. Although June inflation came in cooler than expected, easing some concerns about price pressures, it was not enough to offset mounting worries over lofty technology valuations and slowing momentum in the chip sector.
