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SOXL’s 23% Single-Day Collapse Exposes the Real Price of 3X Leverage
24/7 Wall St.61d agoneutral
SOXL’s 23% Single-Day Collapse Exposes the Real Price of 3X Leverage

On June 23, 2026, SOXL fell 23.06% in a single session. The same day, iShares Semiconductor ETF (NASDAQ:SOXX) fell 7.88% and VanEck Semiconductor ETF (NASDAQ:SMH) fell 7.01%. That gap is the product you bought. The marketing calls it “3X daily.” Your brokerage statement calls it a $2,300 hole per $10,000. What you are actually paying ... SOXL’s 23% Single-Day Collapse Exposes the Real Price of 3X Leverage

Why AMD (AMD) Stock Is Trading Lower Today
StockStory61d agoneutral
Why AMD (AMD) Stock Is Trading Lower Today

Shares of computer processor maker AMD (NASDAQ:AMD) fell 6.3% in the afternoon session after a report that South Korea's SK Hynix is slowing its high-bandwidth memory (HBM) expansion rattled the AI-chip complex.

Nasdaq closes down more than 2% as global tech sell-off deepens
Washington Post61d agobearish
Nasdaq closes down more than 2% as global tech sell-off deepens

Global stocks extended losses on Tuesday in a sell-off driven by chipmakers and other tech companies that have recently benefited from market enthusiasm for the prospects of artificial intelligence. The tech-heavy Nasdaq composite index was down 2.21 percent at the market’s close. Subscribe to The Post Most newsletter for the most important and interesting stories from The Washington Post. Among the main drivers were Sandisk and Micron Technology, which specialize in memory and storage. Both wer

Billionaire Hedge Fund Manager: AI Could Produce the First $10 Trillion Company as We Enter the “Intelligence Age”
24/7 Wall St.61d agoneutral
Billionaire Hedge Fund Manager: AI Could Produce the First $10 Trillion Company as We Enter the “Intelligence Age”

Philippe Laffont, billionaire founder and portfolio manager of Coatue Management, framed artificial intelligence as the defining economic shift of the coming decades and predicted that the first $10 trillion company is on the horizon. Laffont argues AI is the “Intelligence Age,” following the Industrial Age that ran a couple hundred years and the Information Age ... Billionaire Hedge Fund Manager: AI Could Produce the First $10 Trillion Company as We Enter the “Intelligence Age”

Market Strategist Says AI Selloff Is ‘Just Profit-Taking,’ Not a Broken Story
24/7 Wall St.61d agobearish
Market Strategist Says AI Selloff Is ‘Just Profit-Taking,’ Not a Broken Story

Janet Mui, Head of Market Analysis at RBC Brewin Dolphin, used a CNBC appearance on Tuesday, June 23, to push back against the idea that the recent pullback in AI and semiconductor stocks signals that something is broken in the sector. She believes the move looks like classic profit-taking after a vertical run, with the ... Market Strategist Says AI Selloff Is ‘Just Profit-Taking,’ Not a Broken Story

Wall Street Is Fixated on 4.2% Inflation: Here Is the 1 Unstoppable AI Kingpin I Keep Accumulating on Repeat
24/7 Wall St.61d agoneutral
Wall Street Is Fixated on 4.2% Inflation: Here Is the 1 Unstoppable AI Kingpin I Keep Accumulating on Repeat

I keep buying ASML (NASDAQ:ASML), and every time Wall Street has a fresh panic attack about 4.2% inflation, I find another reason to hit the button again. The macro crowd is staring at the wrong screen. I am staring at a Dutch lithography company that generates substantial cash because it builds the machines that make ... Wall Street Is Fixated on 4.2% Inflation: Here Is the 1 Unstoppable AI Kingpin I Keep Accumulating on Repeat

Is Fluence Energy (FLNC) a Hidden AI Play With Breakout Potential?
Insider Monkey61d agoneutral
Is Fluence Energy (FLNC) a Hidden AI Play With Breakout Potential?

We just covered the 10 Stocks That Will 10X According to Social Media. Fluence Energy (NASDAQ:FLNC) ranks #8 (see 5 Stocks That Will 10X According to Social Media). Number of Hedge Fund Investors: 31 Fluence Energy (NASDAQ:FLNC) is a global energy storage company that sells large-scale battery systems, grid management software, and AI-driven energy optimization […]

Infleqtion (INFQ): Social Media’s Favorite Quantum Stock With 10X Potential
Insider Monkey61d agoneutral
Infleqtion (INFQ): Social Media’s Favorite Quantum Stock With 10X Potential

We just covered the 10 Stocks That Will 10X According to Social Media. Infleqtion Inc (NYSE:INFQ) ranks #9 (see 5 Stocks That Will 10X According to Social Media). Number of Hedge Fund Investors: 24 Social media believes Infleqtion Inc (NYSE:INFQ) has the potential to 10x in the long term. Infleqtion is a quantum technology company […]

Arm Stock Is Up 235% in 2026: Is Today’s 10% Drawdown a Take-Profits Signal?
24/7 Wall St.61d agoneutral
Arm Stock Is Up 235% in 2026: Is Today’s 10% Drawdown a Take-Profits Signal?

Shares of Arm Holdings (NASDAQ:ARM) stock are down 10% today, trading near $367 in Tuesday afternoon action. The slide pulls Arm shares well below their June 17 all-time intraday high of $444.8 and lands inside a broad, Korean-led chip and AI selloff rather than any Arm-specific stumble. Even after today’s drop, Arm stock remains up ... Arm Stock Is Up 235% in 2026: Is Today’s 10% Drawdown a Take-Profits Signal?

Why I Can’t Stop Buying This $553 Billion AI Infrastructure Gatekeeper
24/7 Wall St.61d agobullish
Why I Can’t Stop Buying This $553 Billion AI Infrastructure Gatekeeper

Oracle has been my focus this month, and the recent selloff has only sharpened that focus. The stock has dropped 29.45% since June 1, the financial press is hyperventilating about cash burn, and my cost basis keeps falling while my conviction keeps rising. That combination is rare. I am going to use it. Here is ... Why I Can’t Stop Buying This $553 Billion AI Infrastructure Gatekeeper