AMD, Intel, Salesforce, GameStop, and More Stocks That Explain Today's Market

Dow Jones09-22 18:04

Stock futures were sliding on Tuesday as investors opted to lock in some profit following the previous session's record-breaking tech rally.

Artificial-intelligence stocks slipped, having surged on Monday. Coherent, Corning, Intel, Lumentum, Marvell, Micron, Seagate, and Western Digital were all falling ahead of the opening bell.

Advanced Micro Devices got caught up in the AI selloff, declining 1.1%. The chip maker's market capitalization topped $1 trillion for the first time ever on Monday as excitement built about Meta's Muse AI agent.

Software developers were climbing, as they often do when chip and memory stocks struggle. Adobe, Salesforce, ServiceNow, and Workday all rose in premarket trading.

GameStop advanced 3.3% after a Form 4 filing showed that CEO Ryan Cohen bought 1.15 million more shares of the videogame retailer,

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Coherent, Corning, Intel, Lumentum, Marvell, Micron, Seagate, and Western Digital were all falling ahead of the opening bell. \n\n\n     Advanced Micro Devices got caught up in the AI selloff, declining 1.1%. The chip maker's market capitalization topped $1 trillion for the first time ever on Monday as excitement built about Meta's Muse AI agent. \n\n\n     Software developers were climbing, as they often do when chip and memory stocks struggle. Adobe, Salesforce, ServiceNow, and Workday all rose in premarket trading. \n\n\n     GameStop advanced 3.3% after a Form 4 filing showed that CEO Ryan Cohen bought 1.15 million more shares of the videogame retailer,","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.50.1","shortVersion":"4.50.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2669439421","isCrawlerRequest":true}