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The June Tech Wreck Arrives—and the Stock Market Is Shaking In Its Boots
Barrons.com56d agoneutral
The June Tech Wreck Arrives—and the Stock Market Is Shaking In Its Boots

Stocks could be facing the end-of-quarter reckoning many investors feared when Elon Musk’s SpaceX unveiled plans for its multibillion-dollar initial public offering and Federal Reserve Chairman Kevin Warsh took over the central bank’s policy reigns earlier this month. The early signs of a late June “tech wreck” started to formulate Monday, with Google parent Alphabet shedding more than $225 billion in market value, its biggest slump in more than a year, and SpaceX extending its three-day decline to more than $600 billion. Shares in SpaceX were falling 4.3% in premarket trading Tuesday, putting them below $150 a share.

Micron Earnings Have Never Looked Better. Start Worrying.
Trefis56d agoneutral
Micron Earnings Have Never Looked Better. Start Worrying.

Micron Technology's stock has risen by almost 9x over the past twelve months, taking its market capitalization above $1.2 trillion - among the largest single-year gains in the company's four-decade trading history. The rally is driven by surging demand and a shortage of high-bandwidth memory that is used alongside AI accelerators in data centers. Hyperscalers, including Microsoft (MSFT), Alphabet (GOOG), and Meta (META), are projected to spend roughly $700 billion on AI infrastructure this year,

Why South Korea’s Massive Market Crash Could Happen in the U.S. Next
Barrons.com56d agobearish
Why South Korea’s Massive Market Crash Could Happen in the U.S. Next

Single-day corrections concentrate the mind, even more so when the slide comes amid a doubling of a tech-focused index replete with the kind of giant chip stocks that have powered U.S. markets to record highs over most of the year. “The session had three things working against it simultaneously,” said Koen Hoorelbeke, investment and options strategist at Saxo Bank. In short, it’s become the index to watch in this year’s global chips race, with SK Hynix and Samsung booking triple-digit gains and old-school car maker Hyundai —which is now verging into chip design through its Hyundai Mobis division—rising more than 70%.

Jim Cramer Highlights Alphabet’s Move to Raise Cash
Insider Monkey56d agoneutral
Jim Cramer Highlights Alphabet’s Move to Raise Cash

Alphabet Inc. (NASDAQ:GOOGL) was among the stocks Jim Cramer discussed as he said that the Iran peace negotiations could trigger an oil glut, cool inflation, and pull interest rates down. A club member asked how a stock’s price gets affected when a company decides to raise cash by selling shares. Taking Alphabet as an example, […]

Grok Was Always Going To  Cripple SpaceX
24/7 Wall St.56d agoneutral
Grok Was Always Going To Cripple SpaceX

xAI, the part of SpaceX (NASDAQ: SPCX) that operates Grok, was always going to drive the entire company under. SpaceX had almost $19 bullion in revenue last year. It lost almost $5 billion. xAI lost $6.4 billion on $3.2 billion. And Grok has already lost its chance to compete with OpenAI, Anthropic, Google, and even ... Grok Was Always Going To Cripple SpaceX

This Stock Will Dominate The Second Half of 2026
24/7 Wall St.56d agoneutral
This Stock Will Dominate The Second Half of 2026

Alphabet (NASDAQ:GOOGL) has been one of the loudest AI winners of the past 12 months, but a sharp June pullback has reset the setup heading into the second half of 2026. Our 24/7 Wall St. price target for Alphabet is $445.85, implying 27.83% upside from the current $348.78. Confidence is high at 90%, and the ... This Stock Will Dominate The Second Half of 2026

Did Oracle Need To Fire 21,000 Because It Is In Trouble?
24/7 Wall St.56d agoneutral
Did Oracle Need To Fire 21,000 Because It Is In Trouble?

Badly damaged tech company Oracle (NASDAQ: ORCL) fired 21,000 people. It said they were being replaced by AI. It is 13% of the company’s total workforce. Oracle took a charge of $1.84 billion. In its 10K, the company explained “… improve operational efficiencies, including through the adoption and integration of AI technologies…” But is that ... Did Oracle Need To Fire 21,000 Because It Is In Trouble?

Cloud AI Today - AI Investment Shifts Focus to Growth Amid Scaling Challenges
Simply Wall St.56d agoneutral
Cloud AI Today - AI Investment Shifts Focus to Growth Amid Scaling Challenges

Akkodis' recent report highlights a shift in the landscape of AI investment, where innovation has overtaken efficiency as the primary driver, signaling a focus on growth and new business models. Despite accelerating AI adoption, CTO confidence in scaling AI has dropped significantly, hindered by challenges in integrating AI across enterprise systems. The report identifies agentic AI as a crucial trend, demanding new governance frameworks, as tasks increasingly require clarification for human...

Reuters56d agoneutral
Morning Bid: SpaceXhaust

June 23 (Reuters) - What matters in U. and global markets today , Editor-at-Large, Finance and Markets Big Tech started the week in reverse, with megacaps Alphabet and Amazon each falling around 5% on Monday, dragged down by a mix of concerns: interest ‌rate expectations, lofty AI spending and rising debt.