General News

Caterpillar, Inc. (NYSE: CAT) shares finished the month down just over 20%, with the decline linked to concerns over the durability of its AI and data-center-related growth, particularly power generation equipment.

Marvell Technology, Inc. (Nasdaq: MRVL), a key AI networking and custom silicon player, fell around 32% for the month after being hit by the broader semiconductor and AI-chip selloff.

GlobalFoundries Inc. (Nasdaq: GFS) shares declined roughly 34% for the month after being caught in the broad semiconductor and foundry selloff following a strong earlier rally.

Lam Research Corporation (Nasdaq: LRCX), a major etch and deposition equipment supplier heavily tied to memory and advanced chip production, fell around 25% over the month as part of the broader semiconductor equipment group decline.

Alnylam Pharmaceuticals, Inc. (Nasdaq: ALNY) shares plunged more than 33% for the month after Q2 results that included a revenue miss on its key Amvuttra (ATTR) franchise and a cut to full-year 2026 product-revenue guidance.

Applied Materials, Inc. (Nasdaq: AMAT) ended the month down more than 20%, experiencing a similar equipment-sector selloff after a nearly 200% year-to-date surge earlier in the year.

Astera Labs, Inc. (Nasdaq: ALAB), a high-growth AI connectivity, PCIe, and retimers supplier, dropped about 32% for the month, declining with the broader AI-semiconductor complex.