Tech Selloff Hits Hard – Silver Swings Wild, Gold Holds
Ulli... The ETF Bully·2026-01-29 21:58

[Chart courtesy of MarketWatch.com][Chart courtesy of MarketWatch.com]Moving the marketThe major indexes opened sharply lower, dragged down hard by Microsoft after its latest earnings miss.The stock tanked 11%—its worst day since March 2020—on slower cloud growth and soft margin guidance for the next quarter.That sparked fresh worries that AI might disrupt even Microsoft’s core business model, so software names got hit too: ServiceNow dropped 12% (even after beating estimates), Oracle fell 5%, and Salesforc ...