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The Korean Stock Market Just Crashed Sunday Night. Will the Nasdaq Follow Tomorrow?
24/7 Wall St.75d agobearish
The Korean Stock Market Just Crashed Sunday Night. Will the Nasdaq Follow Tomorrow?

South Korea’s KOSPI tripped circuit breakers in early Monday local trading and is down roughly 7.25% as of 10:45 p.m. ET, an abrupt break in what had been the top-performing major market in the world this year. The question now: does the contagion hit the Nasdaq when New York opens? What’s Happening in Overnight Trading ... The Korean Stock Market Just Crashed Sunday Night. Will the Nasdaq Follow Tomorrow?

Can Jensen’s SK Hijinx Save Seoul’s Crashing Stock Market?
24/7 Wall St.75d agobearish
Can Jensen’s SK Hijinx Save Seoul’s Crashing Stock Market?

Jensen Huang turned a weekend in Seoul into a sovereign AI roadshow, and the headline act dropped Sunday night: NVIDIA (NASDAQ:NVDA) and SK hynix unveiled a multiyear technology partnership to advance next-generation memory for the global AI factory buildout. Korean equities have been wobbling under a global chip selloff, and Jensen just handed Seoul a ... Can Jensen’s SK Hijinx Save Seoul’s Crashing Stock Market?

Apple faces a Siri moment it can’t afford to miss
TheStreet75d agobearish
Apple faces a Siri moment it can’t afford to miss

Apple’s (AAPL) next major test is soon upon us. The company's Worldwide Developers Conference is June 8-12, and this year's gathering may be more important than a usual product display. Apple is scheduled to preview iOS 27, iPadOS 27, macOS 27, watchOS 27, tvOS 27, and visionOS 27. Developers and ...

34% of Americans Panic-Sell During Market Drops. The Cost: 27% in Missed Gains
24/7 Wall St.75d agobearish
34% of Americans Panic-Sell During Market Drops. The Cost: 27% in Missed Gains

A new behavioral finding from the Allianz Center for the Future of Retirement’s 2026 Annual Retirement Study shows that 34% of Americans typically withdraw money from investments to avoid further losses during a significant market drop, and 57% feel anxious about their financial future when retirement accounts suffer losses. The study, fielded in January 2026 ... 34% of Americans Panic-Sell During Market Drops. The Cost: 27% in Missed Gains

Charter and Comcast rival files Chapter 11 bankruptcy
TheStreet75d agobearish
Charter and Comcast rival files Chapter 11 bankruptcy

When cable television first rolled out across the United States, the major players, which included current leaders Comcast and Charter Communications, worked with communities on an exclusive basis. One of those companies agreed with each community on a deal to build out the needed cable ...

Stock Futures Drift Lower, Oil Rises After Iran Fires Missiles at Israel
Barrons.com75d agobearish
Stock Futures Drift Lower, Oil Rises After Iran Fires Missiles at Israel

Stock futures were dropping, potentially extending the indexes’ selloff on Friday. Oil futures were set to react to new attacks as the Iran war marks its 100th day with no peace deal in sight. Just after 6 p.m. Eastern time, S&P 500 futures were down 0.4%, while Nasdaq futures were down 0.3% as were Dow futures.

Snap’s Cost Cuts and AR Bet Could Be A Game Changer For Snap (SNAP)
Simply Wall St.75d agobearish
Snap’s Cost Cuts and AR Bet Could Be A Game Changer For Snap (SNAP)

Snap recently reported strong first-quarter 2026 results, with revenue rising 12% year over year, adjusted EBITDA more than doubling, renewed daily active user growth, and a restructuring plan aimed at reducing annualized costs by over US$500 million in the second half of 2026. An interesting angle is how this cost-cutting push coincides with heavy investment in augmented reality, including the Illumix acquisition and development of its Specs AR glasses subsidiary. Now we’ll examine how...

The Bull Case For Arm Holdings (ARM) Could Change Following AI Chip Selloff And Rate Jitters – Learn Why
Simply Wall St.75d agobearish
The Bull Case For Arm Holdings (ARM) Could Change Following AI Chip Selloff And Rate Jitters – Learn Why

In recent days, Arm Holdings has been swept up in a wider pullback in AI-focused semiconductor names after Broadcom’s cautious chip outlook and stronger US jobs data prompted investors to reassess growth-sensitive technology exposure. Despite the pressure coming from sector and macro forces rather than new Arm-specific problems, the company sits at the crossroads of booming AI demand, intensifying competition, and fresh regulatory scrutiny of its licensing model. We’ll now examine how this...

FedEx Corp (FDX) Spins Off Freight Unit. Don’t Miss the Point
Insider Monkey75d agobearish
FedEx Corp (FDX) Spins Off Freight Unit. Don’t Miss the Point

FedEx Corp (NYSE:FDX) is one of the best stocks to buy according to billionaire Bill Gates. FedEx shares are up more than 50% over the past six months and have soared more than 85% over the past year. Analysts see more upside in the stock. On June 1, FedEx Corp (NYSE:FDX) completed the spinoff of […]

Accenture Plc (ACN): A Debt-Free IT Stock Expanding AI Capabilities Despite Downgrade
Insider Monkey75d agobearish
Accenture Plc (ACN): A Debt-Free IT Stock Expanding AI Capabilities Despite Downgrade

Accenture Plc (NYSE:ACN) is one of the best debt-free IT stocks to buy now. On June 1, Truist Securities downgraded Accenture Plc (NYSE:ACN) to a Hold with a $210 price target. The downgrade came amid concerns the company could struggle amid constrained budgets in the sector. In addition, Truist Securities remains wary of competition from […]

Mark Zuckerberg and Meta face first tough test after layoffs
TheStreet75d agobearish
Mark Zuckerberg and Meta face first tough test after layoffs

Earlier this year, Meta cut thousands of employees and told investors the reductions were necessary to fund its AI ambitions. The company redirected that payroll into infrastructure, researchers, and models designed to compete with OpenAI, Anthropic, and Google. Mark Zuckerberg called it the most ...

Broadcom CEO drops unexpected message on AI and software
TheStreet75d agobearish
Broadcom CEO drops unexpected message on AI and software

There's a fear quietly spreading through enterprise software circles — that agentic AI is coming for the business model. Why pay for software licenses when AI can write, replace, or automate what that software does? It's a legitimate question. And 65-year-old Broadcom (AVGO) CEO Hock Tan just ...

Lululemon Guidance Cut And Brand Reset Test Investor Patience And Valuation
Simply Wall St.75d agobearish
Lululemon Guidance Cut And Brand Reset Test Investor Patience And Valuation

Lululemon Athletica (NasdaqGS:LULU) cut its full year revenue and profit outlook following a period of negative media coverage and product issues. North American comparable sales fell 5% in the latest quarter, while international markets, particularly China, remain a relative bright spot. Management cited weak US consumer demand, tariff related margin pressure, and brand perception challenges, and flagged a major product and brand reset under incoming CEO Heidi O’Neill. For investors...

AGQ Crashed 16% Before Anyone Realized What Was Happening
24/7 Wall St.76d agobearish
AGQ Crashed 16% Before Anyone Realized What Was Happening

A $10,000 position in ProShares Ultra Silver (NYSEARCA:AGQ) at Friday’s open was worth roughly $8,376 by the closing bell. The fund opened June 5, 2026 around $109.85 and closed at $92.01, a single-session drop of 16.24%. Over the same day, silver itself, as measured by the unleveraged iShares Silver Trust (NYSEARCA:SLV), fell 8.08%, from $66.98 ... AGQ Crashed 16% Before Anyone Realized What Was Happening

Mizuho Strategist: Healthcare Is Now a Value Sector as Pharma Stocks Underperform Tech
24/7 Wall St.76d agobearish
Mizuho Strategist: Healthcare Is Now a Value Sector as Pharma Stocks Underperform Tech

After years of lagging the market, healthcare may be taking on a new role in investor portfolios. Speaking on CNBC, Mizuho healthcare strategist Jared Holz reframed the sector, arguing that years of underperformance have turned drug stocks from a defensive holding into something more interesting for growth-heavy portfolios. “I think you just have to look ... Mizuho Strategist: Healthcare Is Now a Value Sector as Pharma Stocks Underperform Tech

SoundHound AI Legal Probes And Stock Offering Weigh On Valuation Outlook
Simply Wall St.76d agobearish
SoundHound AI Legal Probes And Stock Offering Weigh On Valuation Outlook

SoundHound AI (NasdaqGM:SOUN) is facing multiple legal probes and shareholder lawsuits focused on governance, internal controls, and acquisition accounting. The company has announced a $300 million at-the-market stock offering that could lead to dilution for existing shareholders. These developments have arrived alongside pressure on the stock, with shares down 17.9% over the past week and 30.3% year to date, closing at $7.39. For investors tracking SoundHound AI at NasdaqGM:SOUN, the mix...

Bitcoin’s Friday Plunge Below 60K Turned a 4 Percent Crypto Drop Into an 11 Percent Wipeout for WGMI Holders
24/7 Wall St.76d agobearish
Bitcoin’s Friday Plunge Below 60K Turned a 4 Percent Crypto Drop Into an 11 Percent Wipeout for WGMI Holders

If you owned CoinShares Valkyrie Bitcoin Miners ETF (NASDAQ:WGMI) into Friday’s close, you watched it open at $69.36 and finish the day at $61.59, a 11.2% drop in a single session. The proximate cause is easy to name. Bitcoin printed a daily low of $59,073, breaking the $60,786 level that, until Friday, had marked the ... Bitcoin’s Friday Plunge Below 60K Turned a 4 Percent Crypto Drop Into an 11 Percent Wipeout for WGMI Holders

A 5.54 Percent KOSPI Crash Became a 12 Percent KF Disaster – Here’s Why the Closed-End Wrapper Doubled the Damage
24/7 Wall St.76d agobearish
A 5.54 Percent KOSPI Crash Became a 12 Percent KF Disaster – Here’s Why the Closed-End Wrapper Doubled the Damage

A single share of The Korea Fund (NYSE:KF) was worth $74.49 on the close of June 4, 2026, and $65.53 the next afternoon, which works out to a 12% loss in one trading day. If you owned $50,000 of the fund on Thursday, you owned about $44,000 on Friday, and you watched it happen while ... A 5.54 Percent KOSPI Crash Became a 12 Percent KF Disaster – Here’s Why the Closed-End Wrapper Doubled the Damage

A Look At Valero Energy (VLO) Valuation As Strong Earnings Hopes Clash With Insider Selling Concerns
Simply Wall St.76d agobearish
A Look At Valero Energy (VLO) Valuation As Strong Earnings Hopes Clash With Insider Selling Concerns

Valero Energy (VLO) is back in focus after its stock outpaced the market, supported by very strong earnings expectations and a top analyst rating, even as some investors flag stretched valuations and recent insider selling. See our latest analysis for Valero Energy. At a share price of US$255.82, Valero Energy has recently pulled back slightly after a strong run, with a 90 day share price return of 18.46% and a 1 year total shareholder return of 104.41%. This suggests momentum has been strong...