{"id":283269,"date":"2026-06-28T08:53:00","date_gmt":"2026-06-28T12:53:00","guid":{"rendered":"https:\/\/news-you-need.com\/index.php\/2026\/06\/28\/stock-market-outlook-hinges-on-ai-earnings-and-fed-rate-risks\/"},"modified":"2026-06-28T11:20:07","modified_gmt":"2026-06-28T15:20:07","slug":"stock-market-outlook-hinges-on-ai-earnings-and-fed-rate-risks","status":"publish","type":"post","link":"https:\/\/news-you-need.com\/index.php\/2026\/06\/28\/stock-market-outlook-hinges-on-ai-earnings-and-fed-rate-risks\/","title":{"rendered":"Stock Market Outlook Hinges On AI Earnings And Fed Rate Risks"},"content":{"rendered":"

Stock Market Outlook Hinges On AI Earnings And Fed Rate Risks<\/a><\/p>\n

https:\/\/www.forbes.com\/sites\/bill_stone\/2026\/06\/28\/stock-market-outlook-hinges-on-ai-earnings-and-fed-rate-risks\/<\/a><\/p>\n

Publish Date: 2026-06-28 08:53:00<\/a><\/p>\n

Source Domain: www.forbes.com<\/a><\/p>\n

The second-half stock market outlook depends on whether AI earnings strength can offset inflation, Federal Reserve rate risks, oil uncertainty, and elevated valuations.<\/span><\/p>\n

getty<\/p>\n

As the clock ticks toward the middle of the calendar year, another bout of jitters in the artificial intelligence (AI) and technology sectors hit the stock market last week. <\/p>\n

Market Reaction<\/h2>\n

As would be expected in a tech-focused sell-off, the Magnificent 7 underperformed last week. The Magnificent 7 includes Microsoft (MSFT), Apple (AAPL), NVIDIA (NVDA), Tesla (TSLA), Alphabet (GOOGL), Meta Platforms (META), and Amazon (AMZN). The 1.6% gain in the average stock price shows that the stock swoon was not very broad; it was centered on tech and AI-related companies.<\/p>\n

Market Returns<\/span><\/p>\n

Glenview Trust, Bloomberg<\/p>\n

The profit-taking in the tech and AI-related sectors should be kept in proper perspective; the iShares Future AI and Tech ETF (ARTY) remains over 50% higher year-to-date, even after declining 10.4% from its peak. Despite robust earnings accompanied by an improved outlook from Micron Technology (MU), the semiconductor sector was a primary target of the sell-off. Given its torrid rise, the semiconductor sector is still up over 37.8% year-to-date, even after last week\u2019s decline. Thanks to its improved earnings guidance, Micron Technology (MU) only declined fractionally last week and is up over 296% year-to-date. Notably, the software sector, which is down over 21% year-to-date due to fears of AI’s negative impact, held up quite well during the tech wreck last week.<\/p>\n

Chip Wreck<\/span><\/p>\n

Glenview Trust, Bloomberg<\/p>\n

Other Assets<\/h2>\n

Some other assets that some claim are non-correlated with stocks offered no shelter from the storm. Gold (-3.4%), silver (-10.5%), and Bitcoin (-5%) all declined more than stocks last week. It has been a challenging year for all 3 assets after a stellar 2025 for silver and gold. Year-to-date, the 3 are all lower: gold (-5.6%), silver (-17.3%), and Bitcoin (-31.8%).<\/p>\n

Bitcoin, Silver & Gold<\/span><\/p>\n

Glenview…
\n
Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Stock Market Outlook Hinges On AI Earnings And Fed Rate Risks https:\/\/www.forbes.com\/sites\/bill_stone\/2026\/06\/28\/stock-market-outlook-hinges-on-ai-earnings-and-fed-rate-risks\/ Publish Date: 2026-06-28…<\/p>\n","protected":false},"author":1,"featured_media":283270,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/imageio.forbes.com\/specials-images\/imageserve\/6a4114ddad03c86bb23667de\/0x0.jpg?format=jpg&height=900&width=1600&fit=bounds","fifu_image_alt":"","footnotes":""},"categories":[14],"tags":[20],"class_list":["post-283269","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence","tag-artificial-intelligence"],"_links":{"self":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/283269"}],"collection":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=283269"}],"version-history":[{"count":1,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/283269\/revisions"}],"predecessor-version":[{"id":283271,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/283269\/revisions\/283271"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/283270"}],"wp:attachment":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=283269"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=283269"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=283269"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}