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The Marked Chart Wire · Markets
Market Movers
Tesla shares rose 3.47% to $375.03 and SpaceX gained 1.43% to $150.74 after the Roadster unveiling. Netflix fell 3.55% to $70.03 on job-cut plans, and CoreWeave dropped 5.29% to $66.00 on financing concerns.
Markets
The S&P 500 fell 1.5 percent and the Nasdaq 100 lost 3.1 percent amid rising oil prices. Meta shares dropped 7.6 percent on worries about artificial intelligence costs.
AI Chip Substrates
Tesla and Nvidia are said to back a $2.8 billion expansion of AI chip substrate production at Samsung Electro-Mechanics in South Korea. Nvidia contributes $1.97 billion and Tesla adds $830 million.
Credit Risk
Credit risk measures for Meta and Tesla reached new highs. The moves followed reports of higher spending plans at Meta and lower spending plans at Tesla.
Market Futures
U.S. stock futures declined on Thursday following a sell-off in Asian markets and rising tensions in the Middle East. Netflix, SpaceX and Super Micro Computer were among the stocks in focus.
AI Spending
Tech stocks declined as investors questioned the return on artificial intelligence infrastructure spending, marking the index's weakest session in four months.
Markets
Investors are shifting capital away from artificial intelligence equities toward defensive holdings amid concerns about funding sustainability.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.