WS #10458
US equities closed mixed with IBM rallying +3.7% on Trump's CEO praise while mega-cap cloud stocks (ORCL, AMZN, GOOGL) fell sharply, indicating a rotation out of high-growth tech. SpaceX signed a $6.3B deal with Reflection AI for NVDA AI chips, signaling sustained demand for AI infrastructure.
US Market Close: Tech Selloff vs. IBM Surge
US equities closed mixed with IBM rallying +3.7% on Trump's CEO praise while mega-cap cloud stocks (ORCL, AMZN, GOOGL) fell sharply, indicating a rotation out of high-growth tech.
SpaceX signed a $6.3B deal with Reflection AI for NVDA AI chips, signaling sustained demand for AI infrastructure.