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Nasdaq Slides As Big Tech, Oil And Chips Drive US Stock Selloff

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2026-07-25 21:54:45
US stocks fell this week as disappointing Big Tech earnings, oil above $100 and sharp swings in semiconductor shares hit sentiment. The Nasdaq lost around 2% between July 19 and July 25, while the S&P 500 fell 0.6% and the Dow dropped 0.4%, according to BeInCrypto, with technology stocks under the heaviest pressure.

Tesla fell 14.5% and Alphabet dropped 7% after earnings raised concerns about AI spending. Brent crude moved above $100 a barrel, reviving inflation fears, while the Philadelphia Semiconductor Index swung sharply as traders reacted to AI demand and high capital costs.
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