Stocks steady as oil surge offsets ASML lift to tech
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After surging in May, the space sector has tumbled as investors are feeling an “investment coma” in the wake of the record-breaking SpaceX IPO.
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UBS says its top theme right now is that leadership for artificial-intelligence stocks is returning, and earnings season may prove how investors have been too pessimistic.
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Netflix reports quarterly earnings on Thursday. The streaming platform’s stock has dropped more than 40% over the past year.
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Several consecutive days of strikes exchanged between the U.S. and Iran have cast uncertainty on the European Central Bank's interest rate decision next week.
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