WS #13502

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WDC, SNDK, APP, CRM all fell after hours on weak guidance, dragging tech sentiment despite some beats. GOOGL fell 4-5.5% on Jeff Dean departure and AI reorganization, erasing ~$240B market cap. Fed Governor Cook ready to hike if inflation persists; markets price in possible rate increase, pressuring growth stocks.

Tech earnings disappointments

WDC, SNDK, APP, CRM all fell after hours on weak guidance, dragging tech sentiment despite some beats.

GOOGL fell 4-5.5% on Jeff Dean departure and AI reorganization, erasing ~$240B market cap.

Fed Governor Cook ready to hike if inflation persists; markets price in possible rate increase, pressuring growth stocks.

Full world state #13502 →