SpaceX in Talks to Provide Pentagon with Billions in AI Computing Power, WSJ Reports

Global tech stocks decline amid chip sell-off and Netflix revenue forecast

Global tech stocks fell on July 17, 2026, as chip equipment maker ASML dropped 4.6% and mortgage rates rose amid renewed Middle East tensions, driving the Stoxx Europe 50 down about 1% [source]. The sell-off stems from ASML’s cautious 2026 growth outlook due to tariff uncertainty and geopolitical risks, which triggered broader semiconductor weakness and pressured tech investors like Prosus [5][11][12]. Creators and brands in tech-dependent sectors should reassess exposure to chip-related supply chains and consider hedging against further volatility before the August 1 tariff threat materializes [11][13].

Amazon algorithm allegedly forced competitors to raise prices

Internal emails and court evidence reveal that Amazon allegedly pressured vendors to raise prices on rival sites like Walmart and Target, a scheme exposed by California’s Attorney General in a 2022 lawsuit that is now driving up costs across the internet[1][5]. This tactic forces competitors to match inflated prices, meaning consumers cannot save money by shopping elsewhere because Amazon’s strategy lifts the entire market’s price structure[2][3]. Creators and brands selling on multiple platforms should immediately audit their vendor agreements and pricing data to identify if they are being coerced into raising prices on non-Amazon channels[5][10].

DHS Faces Scrutiny After Three Fatal ICE Encounters

Markwayne Mullin is facing his first major test as Homeland Security secretary after 3 people were killed in encounters with ICE officers.

Synthesized from 7 sources