S&P 500 Gains and Losses Today: Tesla and Ford Fall; AMD Extends OpenAI-Fueled Rally
Other semiconductor and AI-related stocks, including chip manufacturing equipment makers Lam Research (LRCX)Â and Applied Materials (AMAT), dropped along with shares of Oracle (ORCL) following a report that its cloud-computing margins could be smaller than expected. Shares of hard disk drive maker Seagate Technology (STX), which have soared in recent months on anticipation of AI-driven demand for data storage, dropped 7.3% to lead losses on the S&P 500. Tesla (TSLA) shares dropped nearly 5% after the compan ...