Tech stocks fall sharply as China’s DeepSeek sows doubts about AI spending

BigBear.ai (NYSE: BBAI) has seen its stock rise approximately 440% over the past year, with expectations high as it prepares to release its second-quarter earnings results on Aug. 11. A $10,000 investment made a year ago would now be valued at $54,000, indicating significant interest in the company's upcoming performance. Want More Context? 🔎

The ongoing changes in tariff and trade policies have posed challenges for major automakers like Ford and GM, causing increased costs and production planning uncertainties. However, Aptiv (NYSE: APTV), a lesser-known automotive supplier, has managed to thrive amidst these conditions, posting better-than-expected second-quarter results by leveraging its position in smart mobility solutions and benefiting from import taxes that affected its competitors. Want More Context? 🔎

Nvidia (NASDAQ: NVDA) has experienced a remarkable 1,100% stock increase in 2023, driven by the AI revolution, making it the world's largest company with a market cap of $4.3 trillion. As a leading supplier of high-performance GPUs for AI data centers, Nvidia's upcoming fiscal Q2 2026 financial results on Aug. 27 are anticipated to further boost its stock value. Want More Context? 🔎

Murphy Oil (NYSE:MUR) reported Q2 2025 earnings on August 6, revealing adjusted earnings per share of $0.27, surpassing estimates, while total revenue fell 14.8% to $683 million, missing expectations due to lower commodity prices. The company demonstrated strong production and cost management but faced financial challenges amid volatile market conditions. Want More Context? 🔎

SkyWater Technology (NASDAQ:SKYT), a U.S. semiconductor manufacturer, reported Q2 2025 GAAP revenue of $59.1 million, exceeding analyst expectations, while non-GAAP EPS showed a loss of $(0.11), less than anticipated. The company faces challenges due to lower equipment demand and delayed government projects, but the recent acquisition of Fab 25 is seen as a catalyst for future growth. Want More Context? 🔎

Social Security is vital for most retirees, with 86% relying on it as a significant source of income, yet the program faces a $25.1 trillion funding deficit over the next 75 years. Without reforms, retirees could face benefit cuts of up to 23% by 2033, jeopardizing their financial stability. Want More Context? 🔎