Stock Market Today: Tech Stocks Crash After Rally, QCOM, INTC & UA Tumble

Qualcomm (QCOM) and Intel (INTC) led a major tech selloff after hitting record highs, while Under Amour (UA) plunged after weak earnings and guidance. Oklo also reported a bigger quarterly loss as investors reacted across the market.

The Wrap

12 May 2026

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