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Tech stocks are leading the market lower, with AMD Inc. (AMD) and Arista Networks (ANET) under heavy pressure, after the companies reported earnings. While AMD's numbers topped expectations, some investors are taking profits after the stock's strong run this year. Meanwhile, ANET's guidance came in lighter than expected, raising concerns about the A.I. infrastructure build-out. Tom White says the market's concentration risk is a concern, with 40% of the S&P 500's (SPX) gains coming from just 10 names. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-... Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-... Watch on Sling - https://watch.sling.com/1/asset/19192... Watch on Vizio - https://www.vizio.com/en/watchfreeplu... Watch on DistroTV - https://www.distro.tv/live/schwab-net... Follow us on X – / schwabnetwork Follow us on Facebook – / schwabnetwork Follow us on LinkedIn - / schwab-network About Schwab Network - https://schwabnetwork.com/about #investing #trading #amd #earnings #aristanetworks #anet #tech #technology #ai #artificialintelligence #spx #sp500 #markets #stocks #economy #nyse #wallstreet #schwabnetwork