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Chip Stocks Tumble on AI Anxiety as Oil Climbs

Chip Stocks Tumble on AI Anxiety as Oil Climbs
Bloomberg Technology Tuesday 07 July 2026, 15:10 UTC 1 min read
Key Points

Jul 7th, 2026 Chip Stocks Tumble on AI Anxiety as Oil Climbs A selloff in chipmakers dragged down stocks on concerns over whether massive artificial-intelligence investments will justify lofty valuations. Julian Emanuel, Chief Equity & Quantitative Strategist at Evercore ISI, discusses his S&P 500 call amid recent volatility.

Jul 7th, 2026 Chip Stocks Tumble on AI Anxiety as Oil Climbs A selloff in chipmakers dragged down stocks on concerns over whether massive artificial-intelligence investments will justify lofty valuations. Julian Emanuel, Chief Equity & Quantitative Strategist at Evercore ISI, discusses his S&P 500 call amid recent volatility. [Image text:] Bloomberg Radie Radio TRADERS EXPECT ANOTHER STRONG EARNINGS SEASON TO CATALYZE FURTHER INDEX UPSIDE JULIAN EMANUEL EVERCORE ISI MANAGING DIRECTOR
AI Anxiety as Oil Climbs Jul 7th (ORG) AI Anxiety as Oil Climbs (ORG) Julian Emanuel (PERSON) Equity & Quantitative Strategist (ORG) Evercore ISI (ORG)
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