Jack Pitcher

Tuesday's results only reinforce those worries, sending shares down 21% for the day.

For the week, the stock is down 25%.

And since hitting an all-time high roughly a year ago, Gartner's shares have dropped more than 70%.

While Wall Street is reassessing its software exposure, it remains bullish on the so-called picks and shovels of the AI infrastructure build-out.

Shares of companies making computer chips, servers, and memory have performed well so far this year, as big tech firms continue to increase investment and the data centers needed to power AI models.

Server maker Supermicrocomputer found itself in the spotlight this week after it reported a two-fold increase in sales in the second quarter and offered a third-quarter forecast that topped expectations.

The company's CEO also told investors that AI infrastructure demand is powering its strong growth.

Supermicro shares rallied 18% on the week, putting them among the S&P 500's top performers.

And finally, an ugly week for cryptocurrencies hit the shares of several crypto-related stocks.

Bitcoin fell below $64,000 on Thursday, a nearly 50% drop from its peak price last October.

What's behind the decline?

Skittish investors dumping riskier assets, the unwinding of leveraged Bitcoin bets, and a rally in the dollar since President Trump picked Kevin Warsh for Fed share last week.

Shares of Coinbase, the largest crypto exchange in the United States, fell along with Bitcoin this week, shedding around 15%.

Strategy, a software company that in recent years became one of the world's biggest buyers of Bitcoin, fell 10% this week and is down around 60% over the past year.

And now you know what's news in markets this week.

Today's show was produced by Alexis Moore with supervising producer Jana Herron.

I'm Jack Pitcher.

Have a great weekend and see you next Saturday.

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