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Today’s Top Stories: Wall Street Rocked by AI Chip Selloff, Netflix Miss, SpaceX Slide and Oil Spike

CoinCentral·July 17, 2026·1 min read
Today’s Top Stories: Wall Street Rocked by AI Chip Selloff, Netflix Miss, SpaceX Slide and Oil Spike

TSMC posted record AI-driven earnings but its stock fell as investor expectations were too high. The AI chip selloff spread to Nvidia, AMD, Broadcom, ASML, Micron, and Arm Holdings. Netflix dropped after issuing weaker-than-expected guidance. SpaceX shares slipped further below IPO price due to launch delays and lock-up expiry.

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