Market Overview - Risk-off sentiment returned sharply on Thursday, leading to a broad selloff across Wall Street, particularly in AI-linked stocks and crypto markets [1] - The S&P 500 fell 1%, the Nasdaq 100 dropped 1.8%, and the Dow Jones Industrial Average lost 0.9%, with all major sectors trading lower except energy [2] Corporate Earnings - Robinhood Markets Inc. (NASDAQ:HOOD) plunged nearly 10% despite beating Wall Street expectations, marking its worst day since April [3] - QUALCOMM Inc. (NASDAQ:QCOM) topped estimates but slid about 5% due to weaker licensing revenue guidance [4] - Nvidia Corp. (NASDAQ:NVDA) dropped 3% after CEO Jensen Huang warned about the U.S. potentially falling behind China in the AI race [4] Crypto Market Performance - Bitcoin (CRYPTO: BTC) fell 1.7% to around $101,000, while Ethereum (CRYPTO: ETH) dropped 4% [4] ETF Performance - The Vanguard S&P 500 ETF (NYSE:VOO) fell 1.1% to $615.85, and the tech-heavy Invesco QQQ Trust Series (NASDAQ:QQQ) dropped 1.8% to $611.88 [7] Upcoming Earnings Reports - Companies slated to report earnings include Airbnb Inc. (NASDAQ:ABNB), DraftKings Inc. (NASDAQ:DKNG), and Peloton Interactive Inc. (NASDAQ:PTON) among others [8]
AI Stocks Slide Again, Bitcoin Dips Near $100,000: Markets Today - Invesco QQQ Trust, Series 1 (NASDAQ:QQQ)