Here's Why GE Vernova Stock Soared Last Month
July 2, 2026 · 5 sources · High impact · Updated Jul 21, 2026
The market experienced a downturn with the S&P 500 and Nasdaq sliding due to disappointing Netflix guidance and continued pressure on chip stocks. Despite this, the AI spending narrative kept investor focus on chipmakers and infrastructure firms, with Taiwan Semiconductor Manufacturing (TSM) extending its capital expenditure guidance.
Affected Companies
GE83 ▼2
GENERAL ELECTRIC CO$348.83$361.93B cap
AAPL93 ▲1
Apple Inc.$326.59$4.80T cap
NFLX39 ▼3
NETFLIX INC$68.95$287.10B cap
META76 ▲2
Meta Platforms, Inc.$646.01$1.40T cap
SPCX52 ▼2
SPACE EXPLORATION TECHNOLOGIES CORP$123.99$2.02T cap
TSM97 ▼3
Taiwan Semiconductor Manufacturing$398.37$10.33T cap
IBM39 ▲5
INTERNATIONAL BUSINESS MACHINES CORP$212.67$199.89B cap
PYPL62 ▲3
PayPal Holdings, Inc.$56.56$49.89B cap
Affected Industries
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