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On July 17, preceding the opening of the U.S. stock market, memory chip stocks and Chinese concept stocks experienced a general downturn. Memory chip stocks, including Seagate Technology and Western Digital, encountered substantial decreases. Similarly, Chinese concept stocks, such as Bilibili and XPeng Group, also underwent notable declines. Concurrently, the three major U.S. stock index futures were trading lower. Netflix's pre-market stock price plummeted by about 9% as its third-quarter earnings guidance fell short of market expectations. The company is now pinning its hopes on AI technology and new content to drive breakthroughs. Additionally, SpaceX's pre-market stock price dipped by around 4% due to the cancellation of a significant Starship test flight mission.
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