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Oil Slump Deepens While Tech Stocks Struggle
The Wall Street Journal57d agobearish
Oil Slump Deepens While Tech Stocks Struggle

TODAY'S MARKETS Oil prices on Wednesday fell toward prewar levels, while tech stocks struggled to shake off AI-bubble fears. Brent crude dropped 4.3% to $73.74 a barrel, only slightly above its last closing price just before the Iran war started.

Investing.com57d agobearish
Alibaba stock drops 3% amid accusations of ’industrial-scale’ Anthropic AI breach

Investing.com -- Alibaba Group (NYSE:BABA) shares slid 3% on Wednesday following reports that AI startup Anthropic has accused the Chinese tech giant of illicitly scraping its Claude AI models. According to a letter sent by Anthropic to US senators and White House officials, operators linked to Alibaba’s Qwen AI lab launched a massive, coordinated campaign to bypass restrictions using thousands of fraudulent accounts. Anthropic characterized the incident as the largest known attempt by a Chinese

How a Targeted Valve Recall and Watchman Questions at Boston Scientific (BSX) Have Changed Its Investment Story
Simply Wall St.57d agobearish
How a Targeted Valve Recall and Watchman Questions at Boston Scientific (BSX) Have Changed Its Investment Story

Earlier in June 2026, the US Food and Drug Administration posted a Class II, firm-initiated recall of 9,750 Boston Scientific Orca sterile, single-use air/water and suction valves (lot 38400303, expiring January 20, 2029) after higher-than-expected reports of suction buttons sticking during gastrointestinal endoscopy procedures. The recall, which is ongoing and affects nationwide US distribution, highlights how even accessory devices can create operational and regulatory pressures for a...

5-star analyst sets jaw-dropping AMD stock price target
TheStreet57d agobearish
5-star analyst sets jaw-dropping AMD stock price target

Advanced Micro Devices (AMD) stock closed at $519.85 on June 23, down 5.76%. The stock was caught in the tech sector sell-off, as reported by Yahoo Finance. This drop is probably just a small hiccup, given how the stock has performed over the longer time frame and the bullish analyst consensus. The ...

Can You Sell Covered Calls on Leveraged ETFs for Income? Yes, But The Yield Is Risky
24/7 Wall St.57d agobearish
Can You Sell Covered Calls on Leveraged ETFs for Income? Yes, But The Yield Is Risky

The Invesco QQQ Trust (QQQ) is one of the most popular ETFs among options traders. It offers daily-expiring options, dozens of strike prices, high open interest, narrow bid-ask spreads, and substantial implied volatility. All of those factors combine to create attractive option premiums for investors looking to generate income. The only problem is accessibility. As ... Can You Sell Covered Calls on Leveraged ETFs for Income? Yes, But The Yield Is Risky

Are Leveraged SpaceX ETFs The Root Cause of the Stock Market’s Tech Sell-Off?
24/7 Wall St.57d agobearish
Are Leveraged SpaceX ETFs The Root Cause of the Stock Market’s Tech Sell-Off?

The question dominating CNBC’s Squawk on the Street on June 24, 2026: is the plumbing of leveraged single-stock ETFs now driving price action, rather than fundamentals? Host Carl Quintanilla led a discussion with David Faber, Leslie Picker, and Cantor Fitzgerald’s CJ Muse that put market structure at the center of this week’s tech sell-off, ahead ... Are Leveraged SpaceX ETFs The Root Cause of the Stock Market’s Tech Sell-Off?

Boston Scientific (BSX) Recalls Orca Valves Nationwide After Device Malfunction
Simply Wall St.57d agobearish
Boston Scientific (BSX) Recalls Orca Valves Nationwide After Device Malfunction

Boston Scientific (NYSE:BSX) has initiated a nationwide recall of its Orca Single Use Air/Water and Suction Valves. The recall is voluntary and follows identification of a device malfunction affecting procedures across the United States. The action reflects a material operational event for the company, with implications for patient safety oversight. Boston Scientific is a major medical device company, so a recall tied to endoscopy accessories like the Orca Single Use Air/Water and Suction...

FedEx shares fall on lower margins, concerns over Freight spinoff
Reuters Videos57d agobearishVIDEO
FedEx shares fall on lower margins, concerns over Freight spinoff

<body><p>STORY: Shares of FedEx fell&nbsp;Wednesday morning after the company posted lower margins in its core delivery segment.</p><p>That raised investor doubts about its future following the spinoff of its highly profitable trucking unit.</p><p>In a bid to focus on its delivery business, FedEx spun off its trucking unit, FedEx Freight, earlier this month.&nbsp;</p><p>The slimmed-down company is under investor scrutiny to bolster profits and reduce costs, which have climbed for employee salaries and benefits as well as for outsourced transportation and fuel.</p><p>U.S. logistics firms including UPS &nbsp;and FedEx have been battling volume decline due to changing U.S. trade policies, while the Iran war has pushed fuel prices higher.</p><p>Also weighing on volumes is the loss of duty-free "de minimis" treatment for low-value e-commerce shipments tied to China-linked discount sellers, such as Shein and Temu.</p></body>

Famous Tech Investor Tom Lee: Yesterday’s SMH & SOXX Sell-Off Has Historically Led to an 88% Win Rate the Next Month
24/7 Wall St.57d agobearish
Famous Tech Investor Tom Lee: Yesterday’s SMH & SOXX Sell-Off Has Historically Led to an 88% Win Rate the Next Month

Tom Lee, Head of Research at Fundstrat Global Advisors, used a CNBC appearance on June 24, 2026 to argue that the latest sharp semiconductor pullback is the kind of dislocation long-term buyers should welcome. His core message: sharp one-day drops in the chip complex have historically marked mid-cycle dislocations inside bull markets. Lee’s framing matters ... Famous Tech Investor Tom Lee: Yesterday’s SMH & SOXX Sell-Off Has Historically Led to an 88% Win Rate the Next Month