Tesla, Applied Materials, Nvidia, Walmart, Strategy, and More Stock Market Movers
1. Applied Materials reported better-than-expected earnings but still dropped 7.2%. 2. Investors expected stronger results after AMAT's 37% gain this year. 3. Broader tech stock concerns are affecting market sentiment and valuations. 4. Earnings forecasts for AMAT remain solid for the current quarter. 5. Stock futures fell as investors worried about tech valuations.