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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.

Bloomberg56d agoneutral
SpaceX Rout Set to Push Market Value Below $2 Trillion

(Bloomberg) -- SpaceX shares extended declines in premarket trading, a day after the company saw the second-largest single-session drop in market value on record. Most Read from BloombergSpaceX Falls for Third Day, Erases $600 Billion in Market ValueOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some RolesKorean Stocks Tumble 10% as Extreme Volatility Rattles InvestorsStocks Fall as SpaceX’s Rout Offsets US-Iran Hopes: Markets WrapMeta Invests $900 Million in Cred, Taps Founder to Head Wh

Stock Futures Dive as Tech Selloff Rages On
Barrons.com56d agobearish
Stock Futures Dive as Tech Selloff Rages On

Stock futures were tumbling on Tuesday as investors continued to ditch technology stocks, which took a battering the previous session after a Nobel Prize-winning scientist left Google parent Alphabet for artificial intelligence start-up Anthropic. Nasdaq 100 futures plunged 2%. Dow Jones Industrial Average futures fell 323 points, or 0.6%.

Why Salesforce (CRM) Shares Are Sliding Today
StockStory57d agoneutral
Why Salesforce (CRM) Shares Are Sliding Today

Shares of CRM software giant Salesforce (NYSE:CRM) fell 1.8% in the afternoon session after a confluence of high-profile AI talent departures from Alphabet, and a regulatory overhang pulled the entire communication-services and software complex lower. Alphabet fell roughly 6%.

Review & Preview: Moody Monday
Barrons.com57d agoneutral
Review & Preview: Moody Monday

The U.S. peace deal with Iran remains delicate, but investors seem to be too busy selling artificial intelligence stocks to notice. Iran war peace talks were fraught over the weekend—President Donald Trump threatened to restart the conflict and there was ongoing violence in Lebanon. With Wall Street largely optimistic that an end to hostilities will come sooner rather than later, tech was once again the real reason stocks were moving today.

Why Fastly (FSLY) Stock Is Nosediving
StockStory57d agoneutral
Why Fastly (FSLY) Stock Is Nosediving

Shares of edge cloud platform Fastly (NASDAQ:FSLY) fell 5.2% in the afternoon session after a confluence of high-profile AI talent departures from Alphabet, and a regulatory overhang pulled the entire communication-services and software complex lower.