South Korean chip stocks tumble as Samsung and SK Hynix volatility raises investor concerns.
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Michael Saylor's Strategy is experiencing pains as a result of its financial engineering.
Watchdog questions AI integration and subscription disclosures.
Nvidia stock was falling again early Friday. A widespread technology-sector selloff was hitting the chip maker, which is struggling to establish a floor. The shares were down 1.1% at $193.51 in premarket trading.
Analysts don't like to put "sell" ratings on S&P 500 stocks. So the fact they're willing to do it with some is worth your attention.
Style Box ETF report for IWX
NIO recently opened pre-orders for a new five-seat variant of its best-selling ES8 SUV, building on the third-generation ES8’s milestone of 120,000 deliveries reached within 275 days of launch and expanding its presence in the premium all-electric SUV segment. At the same time, NIO is pushing aggressively into Europe via its Firefly and Onvo sub-brands and advanced manufacturing capabilities, underscoring how product expansion and overseas growth are becoming central to its efforts to reach...
The Silicon Valley firm saw its shares drop by 6.1% overnight.
Even by SpaceX standards, Friday is shaping up as an eventful trading session as investment funds tracking Russell indexes prepare to add billions of dollars' worth of Elon Musk's internet and rocket company to their holdings. After a blockbuster initial public offering this month, SpaceX's stock has been on a wild ride, soaring 67% to its June 16 intraday high of $225.64 before tumbling to Thursday's $153 close. FTSE Russell will add SpaceX to its Russell U.S. indexes after Friday's close of trading as part of its semi-annual index reconstitution.
South Korea's benchmark Kospi tumbled as much as 8% Friday, before recovering slightly to end down 5.8%.
By Utkarsh Hathi and Johann M Cherian June 26 (Reuters) - European shares declined on Friday, with technology shares tracking global sector weakness, while Zalando fell after Germany's financial
CHWY, FSM and MHO have been added to the Zacks Rank #5 (Strong Sell) List on June 26th, 2026.
Stocktwits data showed retail sentiment around SPY sunk to ‘extremely bearish’ territory, while QQQ sentiment remained ‘bullish.’
(Updates to add Amazon and Microsoft's comment in the fifth and sixth paragraphs.) Amazon's (AMZ
Shares of European semiconductor companies were following their Asian peers in negative territory as investors ditched stocks linked to artificial intelligence. A strong set of earnings and outlook from Micron Technology late Wednesday failed to reignite a rally in AI stocks on Thursday.
U.S. tech stock futures were down as a global tech selloff gathered pace. A report OpenAI was considering delaying its mooted public offering further soured already weak sentiment around the AI boom.
As chip restrictions cost Nvidia in China, its new CPU business is surging.
Tech stocks were on track to extend their recent slump on Friday as investors continued to fret about soaring memory-chip costs and wondered if the AI trading frenzy may be about to fizzle out. Nasdaq 100 futures dropped 0.9%. The Nasdaq closed in the red on Thursday as investors ditched the Magnificent Seven group of mega-cap tech stocks.
In a post on X, Peter Schiff said that Strategy should sell a portion of its Bitcoin holdings and use the proceeds to repurchase its own shares, calling it the “best way to create shareholder value.”
The pharma company, the first to use generative AI to develop a drug that reached clinical trials, is betting longevity treatments will fuel its next phase of growth.
South Korean shares slumped more than 8%, as jitters over the valuations of companies riding the artificial-intelligence boom rattled the world’s best-performing market this year.
According to a report from Investing.com, BofA Securities reiterated an ‘Underperform’ rating on the stock with a $54 price target.
Britain's Competition Appeal Tribunal has allowed a £3b collective lawsuit against Apple to proceed. The case alleges Apple abused its market position in iCloud storage by locking users into its ecosystem. Millions of UK iPhone and iPad users may be eligible to join the class action over alleged overcharging for iCloud subscriptions. Apple, traded as NasdaqGS:AAPL, now faces a large UK class action that directly targets its services business, an important revenue stream alongside hardware...
(Bloomberg) -- Asian technology stocks slumped after Apple raised prices for its products, stoking concern that rising component prices will curb demand for devices and eventually slow the memory chip rally that has powered much of the AI trade.Most Read from BloombergApple Shares Sink After Price Hikes Hit iPads and MacsInvestor Who Scored 900% Win in 2008 Crisis Has New Big Short BetShip Struck in Hormuz as Oil Supertankers Turn Back AgainStocks Whipsaw as Micron Surges While Apple Sinks: Mark
Investor Ross Gerber, the co-founder of investment firm Gerber Kawasaki, has a lucrative business proposal for Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk following the EV giant’s stock decline and mobility rollback. Elon Musk Should Consider Selling EVs Again In a post on the social media platform X, Gerber took a swipe at Musk’s push towards AI and chip manufacturing, while putting the development of new EVs on the back burner. “Maybe Tesla should consider selling EVs again…. It’s a wonderful busin
Lockheed Martin has won billions in defense contracts over the next six years, but faces White House pressure to speed up production.
Investors shifted their attention from long-term AI growth potential to the immediate costs of building the infrastructure needed to support it.
Asian tech stocks sank again Friday as the rollercoaster ride that has characterised the week continued into the weekend, while crude prices edged back down after a brief rally sparked by news of an attack on a ship in the Strait of Hormuz.Oil prices resumed the downward shift that has marked the week, having risen around two percent Thursday on news that a cargo ship was damaged by an unknown projectile off Oman's coast in Hormuz.