Tech stocks, including CoreWeave, SpaceX, Netflix, IREN, and AMD, declined due to renewed worries about artificial intelligence spending. This drop comes just before Netflix is set to release its fiscal third-quarter earnings, with shares already down 26% this year. The market is closely watching how AI investments will impact these companies' future growth and profitability. Meanwhile, other sectors like energy are gaining attention due to geopolitical factors affecting fuel prices.
Tech stocks mentioned in the news show varied performance on Pluang as of Oct 20, 2026 17:41 WIB. CoreWeave (CRWV) is down 4.86% at USD 58.15, while SpaceX (SPCX) trades at USD 146.59, down just 0.93%, and remains below its 52-week high of USD 202.09. Netflix (NFLX) bucks the trend with a slight gain of 0.42%, priced at USD 70.14 but still far from its 52-week high of USD 124.13. This contrast highlights differing investor sentiment across these tech names amid AI spending concerns.
Nebius (NBIS) is recommended as a 'Strong Buy' due to its cautious capital spending and stable growth, especially compared to CoreWeave's debt challenges. NBIS's capital expenditure plan is significantly smaller, supporting a healthier balance sheet ...
Cathie Wood of ARK Invest argues that AI technology is still in its early phase and not a bubble, citing market fear as a sign of growth potential. She bought shares in CoreWeave during a recent selloff, despite the company's high debt and distressed...
Several of the worst-performing stocks in the Nasdaq 100 last week, including Lumentum and Sandisk, saw rebounds on Monday. However, CoreWeave continued to decline, dragging down parts of the AI industry with it. This divergence highlights ongoing vo...
CoreWeave, Inc. has experienced a significant stock selloff, dropping over 27% in the past month and 48% over six months, amid sector-wide AI bubble fears and credit market stress. Despite this, an analyst upgraded CoreWeave to a Strong Buy, citing i...
Goldman Sachs upgraded CoreWeave from 'Neutral' to 'Buy' after the company lost $10.4 billion in market value over a week. The bank lowered its price target to $106 from $139 but sees about 120% upside from the current $61 stock price, citing strong ...
