WS #10506
Tech selloff deepens with Nasdaq futures down 2.6%, Asian chipmakers down 12%, and spread to Europe; BofA raises price targets on Intel, Arm, Micron as counter-signal. IBM upgraded by JP Morgan, joins OpenAI program; White House executive order on quantum security benefits IBM and quantum-related stocks.
Global Tech Selloff Escalates
Tech selloff deepens with Nasdaq futures down 2.6%, Asian chipmakers down 12%, and spread to Europe; BofA raises price targets on Intel, Arm, Micron as counter-signal.
IBM upgraded by JP Morgan, joins OpenAI program; White House executive order on quantum security benefits IBM and quantum-related stocks.