The ongoing sell-off in AI stocks accelerated with China unveiling its Moonshot model which is challenging American models and rattling American investors. Negative sentiment sent the Nasdaq down 1.4% on Friday and nearly 3% lower for the week. Meanwhile, the S&P sank 1.01% for the day and fell 1.55% over the week, and the Dow shed 0.77% on Friday and lost nearly 1% for the week. The TSX fared relatively better, down 0.22% for the session and was modestly negative for the week.<\/p>\n\n\n\n
Key names in New York: Nvidia<\/a> -2.21%, Intel<\/a> -2%, Intuitive Surgical<\/a> -14.15% and the SMH<\/a> semis ETF -2.18%. Netflix<\/a> tumbled 7.26% after beating\u00a0profits, but disappointing\u00a0in outlook. In Toronto: BlackBerry<\/a> -1.87%, CNQ<\/a> 2.03%, MDA Space<\/a> -4.08%, Stella-Jones<\/a> -3.69% and Wesdome Gold<\/a> 4.2%. Energy rallied the most while tech lagged the furthest as only four sectors rose. Silver gained 0.8% to US$55.85, gold added US$33 to US$4,010 and WTI leapt 4.2% to US$82.25 as war raged between the U.S. and Iran. The U.S. 10-year yield declined to 4.553%.<\/p>\n\n\n\n 💾 NVIDIA Corporation (NVDA)<\/a> -2.21%<\/p>\n\n\n\n 💾 Intel (INTC)<\/a> -2%<\/p>\n\n\n\n 🧫 Intuitive Surgical Inc. (ISRG)<\/a> -14.15%<\/p>\n\n\n\n 🧬 HOLDRs Semiconductor (SMH)<\/a> -2.18%<\/p>\n\n\n\n 📺 Netflix Inc. (NFLX)<\/a> -7.26%<\/p>\n\n\n\n 📱 BlackBerry (BB.TO)<\/a> -1.87%<\/p>\n\n\n\n 🛢 Canadian Natural Rsrcs (CNQ.TO)<\/a> +2.03%<\/p>\n\n\n\n 🧬 MDA Space Ltd. (MDA.TO)<\/a> -4.08%<\/p>\n\n\n\n