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Bloomberg

Tech Rout Deepens as Chipmakers Fall; SpaceX Gets Bullish Calls

Tuesday, July 7, 2026


US technology shares declined Tuesday after Samsung Electronics reported earnings. Samsung's results fell short of investor expectations, according to market reports. The decline reflected investor concerns about the sustainability of artificial intelligence-related stock gains in 2026. SpaceX received positive analyst recommendations during the same trading session.

Original reporting: https://www.bloomberg.com/news/articles/2026-07-07/tech-rout-deepens-as-chipmakers-fall-spacex-gets-bullish-calls

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