Chip stocks just fell for an eighth straight day, their longest losing streak since 2008.
Discussion
CoreWeave dropped 12% on Friday alone and is down about 25% in five sessions.
The selling wasn't only about earnings. Investors are worried that debt-heavy AI infrastructure companies may not turn a profit in time to pay back what they borrowed, especially with rates expected to rise. CoreWeave's bonds sold off too, with yields pushing above 15%. Broadcom fell 4.5% and the PHLX chip index lost 3.8% on the day.
Oil added to the pressure. Brent crude touched $110 a barrel for the first time since May on new attacks in the Strait of Hormuz, and energy was the best sector on Friday, up 2.47%. By the close, the S&P 500 was down 1.09% at 7,659.44, the Nasdaq down 2.15% at 26,140.03 and the Dow down 0.34% at 52,002.41.
For the week, the Nasdaq lost 4.48% and the S&P 500 lost about 1.95%, their worst weeks since June, while the Dow actually gained 0.67%. Next week brings earnings from Tesla, Meta and Procter & Gamble, so the pressure doesn't let up.
A weekend reset after a losing streak:
- Don't average down on autopilot. Before you add to a name that keeps falling, write down why you'd still buy it today at this price.
- Check how much debt sits behind what you own. When borrowing costs rise, companies that depend on new loans can fall much faster than the market.
- Plan for Monday's open now. With oil moving on weekend headlines, a stock can open well past your stop, so size positions for a gap, not just a slow drift.
That's what TradeShield is built for: setting your rules on a calm Saturday so a rough Monday doesn't make them for you.
Stay sharp out there.
— Spidah, Founder & CEO
Market awareness, not financial advice. Trading involves risk.