Dow Hits Weekly High While AI Stocks Stumble Hard
The Dow posted solid weekly gains, but AI-related names cratered Thursday. Apple and Robinhood look buyable; Tesla and Sandisk don't.
The Dow Jones closed out the week in the green, but don't let the index-level win fool you — it didn't feel like a victory lap on the trading floor. AI plays got hit hard Thursday, dragging sentiment down even as the broader blue-chip benchmark held its ground.
Sandisk was among the names that took a serious beating, joining a broader selloff in the AI trade that's been running hot for months. When momentum names like these roll over, it's usually a warning shot worth heeding, not ignoring.
Read more Dow Jones Top Movers: Thursday's Biggest Gains and Losses →
Not everything was a dumpster fire, though. Apple and Robinhood are flagged as actionable buys right now — two very different companies, but both flashing setups that traders should have on their radar heading into next week.
Tesla, on the other hand, remains a name to avoid in the near term. The EV giant is diving alongside Sandisk, and chasing either of those into weakness is a trade you'll regret. Let the dust settle before you even think about an entry.
Bottom line: the headline number looked fine, but the internals told a messier story. Know what you own, watch the AI space closely for follow-through selling, and focus your capital where the setups are actually clean. Continue reading at Yahoo.