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Nvidia CEO sends strong message to stock market investors
TheStreet68d agoneutral
Nvidia CEO sends strong message to stock market investors

Jensen Huang was in Seoul on June 8, meeting South Korean business leaders, when the question about the selloff came. US tech shares had dropped Friday on concerns over a possible interest rate hike. South Korea's Kospi Index was tumbling that Monday morning as investors continued pulling back from ...

CoreWeave Founders Have Dumped $2.3 Billion in Stock Since IPO
Bloomberg68d agoneutral
CoreWeave Founders Have Dumped $2.3 Billion in Stock Since IPO

(Bloomberg) -- CoreWeave Inc.’s stock price has more than doubled since the AI data center operator’s March 2025 initial public offering. Over the same period, the company’s executives have unloaded more than $2.3 billion worth of their own holdings.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’LA Mayor Race Flips as Socialist Beats Reality TV Star PrattTrump’s $100,000 H-1B Visa Application Fee Rejected by JudgeTrump Says He, Not Congress, Is in Charge of

Intel stock makes eye-popping move on Google, Nvidia news
TheStreet69d agoneutral
Intel stock makes eye-popping move on Google, Nvidia news

Intel spent the second half of last week, between June 4 and 5, getting hammered alongside the rest of the chip sector. Then things changed on Monday, June 8. Shares of Intel (INTC) jumped about 13% to roughly $112 in early trading, one of the stock’s sharpest single-day moves of the year, after ...

US lawmakers urge tighter rules on contract chipmakers supplying Chinese firms' overseas units
Reuters69d agoneutral
US lawmakers urge tighter rules on contract chipmakers supplying Chinese firms' overseas units

A bipartisan pair of U.S. senators on Monday urged President Donald Trump's administration to tighten ‌rules on chip contract manufacturers such as Taiwan Semiconductor Manufacturing Co to ‌prevent them from making advanced AI chips for overseas subsidiaries of Chinese companies. This comes after ​the Trump administration last week moved to halt a potential loophole that may have led companies to export advanced chips such as those made by Nvidia to subsidiaries of Chinese companies located outside China. The Bureau of ⁠Industry and Security (BIS), the arm of the U.S. Commerce Department that oversees export control laws, has clarified that sales to Chinese company subsidiaries in third countries such ​as Malaysia ​require a license.

Trading Day: Recovery, but on mute
Reuters69d agoneutral
Trading Day: Recovery, but on mute

By Jamie McGeever ORLANDO, Florida, June 8 (Reuters) - The S&P 500 and Nasdaq rebounded on Monday from Friday's tech-led rout, on news of an Israel-Iran detente and as investors bought back cheapened

As Changing Fed Expectations Rattle Tech Stocks, This Cash-Generating Titan Is The Clear Winner
24/7 Wall St.69d agoneutral
As Changing Fed Expectations Rattle Tech Stocks, This Cash-Generating Titan Is The Clear Winner

Micron Technology (NASDAQ:MU) is the stock everyone wants to talk about right now, with shares up 202.87% year to date on an AI memory supercycle narrative that has order books reportedly stretching into 2027. But here’s what you should actually be watching. The Crowded Trade At The Top Of Its Cycle Micron just reported a ... As Changing Fed Expectations Rattle Tech Stocks, This Cash-Generating Titan Is The Clear Winner

Jim Cramer Warns: AI Stocks Face 50% Crash Without Earnings Growth
24/7 Wall St.69d agobearish
Jim Cramer Warns: AI Stocks Face 50% Crash Without Earnings Growth

Jim Cramer used his June 8, 2026, Squawk on the Street appearance to deliver a direct warning to anyone riding the AI chip rally. His line, after a brutal Friday that saw the Philadelphia semiconductor index post its fourth-worst decline ever: “Unless you have accelerated earnings, your stock is pretty much done. Got to go ... Jim Cramer Warns: AI Stocks Face 50% Crash Without Earnings Growth

Is the SpaceX IPO Crashing the Crypto Market?
24/7 Wall St.69d agobearish
Is the SpaceX IPO Crashing the Crypto Market?

The crypto market faces a hard question this morning. Can a single initial public offering, even one of historic scale, pull enough capital out of digital assets to bend their price action? Bitcoin (CRYPTO:BTC) is trading near $63,800, up 2.8% over the past 24 hours, yet the multi-week chart tells a different story. Despite today’s ... Is the SpaceX IPO Crashing the Crypto Market?