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Tuesday, July 28, 2026
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01 Coca-Cola Crushes Earnings, Raises Full-Year Guidance on Resilient Dema… STRONG BULLISH 02 South Korea's Chip Rout Deepens as Kospi Plunges 9%, SK Hynix Leads Sel… NEUTRAL 03 France and Spain Battle Unprecedented Wildfires as Record Heatwave Loom… PESSIMISTIC 04 Unilever Warns of Price Hikes as Cost Pressures Persist Despite Sales G… STRONG BULLISH
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Article Market Watch

‘Picks and shovels’ trade comes unstuck as AI hardware stocks plunge on competitive threat from China

Market Watch July 28, 2026 · 10:16 am Read Original
Bearish -55.0
−100 Bearish 0 +100 Bullish
‘Picks and shovels’ trade comes unstuck as AI hardware stocks plunge on competitive threat from China

Asian stocks sold off sharply on Tuesday amid reports that China is now capable of manufacturing DUV lithography machines.

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Article Info
Source Market Watch
Published Jul 28, 2026 · 10:16 am
Article ID kbpw107
Original URL Open source
Sentiment Signal
Bearish -55.0
−100Neutral+100
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