Good for raids! Chip giant, soaring
After chip giant Intel released its latest financial report, its stock price rose sharply after the market closed. The three major U.S. stock indexes closed down on July 23. The Nasdaq index fell by more than 2%. It once fell below 25,000 points during the session, hitting a new low in the past three months. The Dow Jones Index and the S&P 500 both hit a new low in the past one month. Tesla plummeted. The seven major U.S. technology giants fell across the board. Tesla plunged more than 14%, Google fell more than 7%, Amazon fell more than 4%, Facebook fell more than 3%, Microsoft fell more than 2%, and Nvidia and Apple also fell more than 1%.
After chip giant Intel released its latest financial report, its stock price rose sharply after the market closed. The three major U.S. stock indexes closed down on July 23. The Nasdaq index fell by more than 2%. It once fell below 25,000 points during the session, hitting a new low in the past three months. The Dow Jones Index and the S&P 500 both hit a new low in the past one month. The seven major U.S. technology giants fell across the board. Tesla plunged more than 14%, Google fell more than 7%, Amazon fell more than 4%, Facebook fell more than 3%, Microsoft fell more than 2%, and Nvidia and Apple also fell more than 1%. On the news, the market was heavily short Tesla due to performance falling short of expectations. S3 Partners data shows that about 3% of Tesla's shares are short-sold. This round of selling has allowed investors who bet on Tesla's share price to fall to earn a single-day mark-to-market profit of about $4.12 billion. Morgan Stanley said that as Tesla's capital expenditures doubled and free cash flow turned negative, investors are increasingly concerned about whether Tesla's spending has really translated into the company's competitive advantage in the field of artificial intelligence. Chip giant Intel also announced its second quarter 2026 financial report, achieving revenue of US$16.13 billion, a year-on-year increase of 25%, far exceeding market expectations of US$14.43 billion, setting Intel's highest revenue growth rate in the past fifteen years. After the market closed, Intel's stock price soared by more than 13%. As of press time, the increase had fallen back to about 4%. US threatens to launch unprecedented strike In the Middle East, it is reported that US President Trump said that he is seriously considering restarting major military operations in Iran. The scale of this round of military operations will exceed the previous "Epic Fury" operation, and emphasized that the US military is fully prepared for this. Trump also revealed that Israel will quickly join military operations if the United States makes a request. But the U.S. House of Representatives once again voted to pass a resolution asking the Trump administration to stop the war against Iran. Iran said it was ready to respond to a ground invasion by the US military and said it would continue to attack US military targets until the US stopped. The Houthi armed forces in Yemen stated that if the United States takes military action in Yemen again, the Houthi armed forces are "ready to respond."