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Market Impact: 0.25
Fabrinet, Dycom and Qualcomm: 3 AI Fallen Angels Wall Street Just Marked Down
Source: Nasdaq
Market Technicals & FlowsArtificial IntelligenceCorporate EarningsInvestor Sentiment & Positioning
Two weeks into September, the S&P 500 has drifted toward its 21-day moving average as the AI trade weakened. Several companies reporting double-digit earnings beats were nevertheless sold, signaling deteriorating investor appetite and a potentially less forgiving equity-market backdrop.
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