Economy
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EconomyChina AI Shock Hits Chip Stocks | Open Interest 7/17/2026
A surprise artificial-intelligence breakthrough from China triggers a deeper selloff in chip stocks. Apple retakes the position of the world’s most valuable company, while Netflix drops sharply after offering a disappointing outlook. Wall Street is weighing its next path to growth, and oil prices rise as tensions between the United States and Iran intensify. The program also examines improving consumer sentiment, Netflix’s future and AI’s effect on America’s power grid.