WS #13550
Honeywell Aerospace cuts guidance and plunges ~20-26%, AppLovin falls ~24% on Macquarie PT cut, Datadog drops ~16-20% on weak Q3 guidance, dragging Nasdaq. US considers delaying collection of planned polysilicon tariffs, a potential positive for solar manufacturers and downstream users. Tesla and SpaceX confirm $16.8B investment in a Texas semiconductor plant (Terafab), supporting TSLA and addressing chip shortage. OpenAI files motion to dismiss Apple's trade secret lawsuit, potentially reducing legal overhang for AAPL.
Tech selloff: Honeywell Aerospace, AppLovin, Datadog plunge
Honeywell Aerospace cuts guidance and plunges ~20-26%, AppLovin falls ~24% on Macquarie PT cut, Datadog drops ~16-20% on weak Q3 guidance, dragging Nasdaq.
US considers delaying collection of planned polysilicon tariffs, a potential positive for solar manufacturers and downstream users.
Tesla and SpaceX confirm $16.8B investment in a Texas semiconductor plant (Terafab), supporting TSLA and addressing chip shortage.
OpenAI files motion to dismiss Apple's trade secret lawsuit, potentially reducing legal overhang for AAPL.