AI Selloff Sends Nasdaq Down 1.2% as Oil Surges on Iran Attack episode artwork

EPISODE · Jul 7, 2026 · 13 MIN

AI Selloff Sends Nasdaq Down 1.2% as Oil Surges on Iran Attack

from Market Brief - After Hours

On today's episode of Market Brief – After Hours, we break down a violent AI and semiconductor selloff that dragged the Nasdaq down 1.2%, while South Korea's KOSPI triggered a circuit breaker after Samsung's stock fell despite a massive profit beat. Oil surged after Iran struck a tanker near the Strait of Hormuz, while gold and silver extended their slide into deeper technical downtrends. We also cover the day's biggest stock stories, from a near-100% pharma buyout to a brutal drop for Rivian, plus a full rundown of EUR/USD, GBP/USD and USD/CHF. Hosted on Acast. See acast.com/privacy for more information.

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AI Selloff Sends Nasdaq Down 1.2% as Oil Surges on Iran Attack

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