Dow Futures Climb as Tesla and AI Stocks Pull Back Hard
Markets posted solid weekly gains, but Thursday's selloff in AI and SanDisk shares stole the spotlight. Apple and Robinhood are flashing buy signals.
Don't let the weekly scorecard fool you. Stocks finished the week in the green, but Thursday's session felt like a gut punch if you were holding Tesla, SanDisk, or any of the high-flying AI names that got hammered. Dow Jones futures are nudging higher now, suggesting traders are ready to shake it off — but the damage in certain pockets of tech was real.
SanDisk led the carnage among AI-adjacent plays, dragging sentiment down across the sector. When one high-profile name in the AI trade rolls over like that, it tends to spook the whole cohort. Tesla also took a hit, adding pressure to a market that had been riding momentum pretty comfortably heading into the week's close.
Read more Dow Futures Slip as Tesla, SanDisk Drag AI Stocks Lower →
Here's where it gets interesting for active traders: Apple and Robinhood are both reportedly flashing buy signals right now. That's worth paying attention to. Apple is the kind of stock that can anchor a portfolio during choppy rotations, and Robinhood showing strength suggests retail-trader appetite hasn't dried up despite the turbulence.
The weekly gains give the bulls a technical edge heading into the next session, even if Thursday's mood was ugly. Futures pointing up means the overnight crowd isn't panicking. Whether that optimism holds once the opening bell rings is the real question — especially with AI sentiment still fragile after Thursday's selloff.
Continue reading at Yahoo.
