"Not Accelerating as Much as Expected"... Tesla Plummets Despite Strong Deliveries

Summary

Park Myung-suk reviews overnight AI-related news causing market jitters, such as Meta's AI slowdown admission and Tesla's post-delivery sell-off. He highlights Intel, Palantir, Samsung, and Amazon as bright spots, while urging investors to reassess AI stock holdings amid a near-term capex speed adjustment. Macro data provided mixed signals with soft jobs and a weaker dollar.

• Meta's leaked town hall reveals AI agent development not accelerating, sparking capex cut fears and hitting semiconductor stocks.
• Tesla Q2 deliveries beat expectations but stock fell 7% on growth sentiment weakness and sell-the-news reaction.
• OpenAI limits government stake to 5%, seen as a mild positive for continued AI funding despite IPO delay.
• Nvidia plans financial support for small cloud providers, raising concerns about excess GPU supply.
• Intel's CPU price hike signals strong demand; HSBC raised target to $200, presenting a buying opportunity.
• Palantir touted as a buy on growing government AI contracts and AI orchestration demand.
• Samsung Electronics in foundry talks with Anthropic, a potential positive catalyst that didn't immediately lift shares.
• Amazon's AWS growth accelerating, while Apple's new models met with UBS skepticism.
• Macro: Soft US jobs data reduced rate hike fears, dollar eased slightly, and oil price forecast trimmed.