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The iShares Korea ETF (EWY) Dropped 14% in Its Most Brutal Session in Six Years, and It Started With Broadcom
24/7 Wall St.72d agobearish
The iShares Korea ETF (EWY) Dropped 14% in Its Most Brutal Session in Six Years, and It Started With Broadcom

If you owned iShares MSCI South Korea ETF (NYSEARCA:EWY) on Friday morning, you had a roughly $204 share by the closing bell that was worth $175.19, a roughly 14% single-day decline that, by intraday magnitude, was the fund’s worst session since the March 2020 COVID crash. A $10,000 position opened at Thursday’s close was worth ... The iShares Korea ETF (EWY) Dropped 14% in Its Most Brutal Session in Six Years, and It Started With Broadcom

AI Chips Today - NVIDIA and SK hynix: Advancing AI Infrastructure Together
Simply Wall St.72d agoneutral
AI Chips Today - NVIDIA and SK hynix: Advancing AI Infrastructure Together

NVIDIA and SK hynix have announced a multiyear technology partnership aimed at developing next-generation memory to support the global buildout of AI factories. This collaboration is set to enhance memory supply aligned with NVIDIA's AI infrastructure roadmap and boost the advancement of semiconductor design and manufacturing by incorporating AI technologies. The partnership seeks to accelerate the deployment of AI infrastructure by addressing the extended development cycles and capital...

Why Micron Stock Is Rising After Rival SK Hynix’s Fresh Deal with Nvidia
Barrons.com72d agoneutral
Why Micron Stock Is Rising After Rival SK Hynix’s Fresh Deal with Nvidia

Micron Technology was bouncing back early on Monday from a sharp selloff the previous week. Micron shares were up 3.7% at $896.01 in premarket trading, after falling 13% on Friday as a chip-sector selloff took a chunk out of its recent enormous gains. Micron normally trades at a notably low forward price-to-earnings ratio because the memory-chip industry goes through cycles of boom and bust.

The 2x Micron ETF (MUU) Shed 26.65% in One Day When Broadcom Missed and Rates Spiked
24/7 Wall St.72d agobearish
The 2x Micron ETF (MUU) Shed 26.65% in One Day When Broadcom Missed and Rates Spiked

If you held Direxion Daily MU Bull 2X Shares (NYSEARCA:MUU) into Friday’s close, you watched the fund shed 26.65% in a single session, which is what 2x daily leverage does when its underlying has its worst day in years. The underlying, Micron Technology (NASDAQ:MU), closed at $864 on June 5, 2026, down roughly 13% from ... The 2x Micron ETF (MUU) Shed 26.65% in One Day When Broadcom Missed and Rates Spiked

U.S. Tech Stocks Seen Resuming Rally
Barrons.com72d agobullish
U.S. Tech Stocks Seen Resuming Rally

U.S. tech stocks are likely to continue surging despite Friday's sharp selloff, UBS Global Wealth Management's Mark Haefele wrote. "Despite renewed anxiety over rates, equity issuance, and geopolitics, we expect the rally to resume," Haefele said.

US Stock Market Today: S&P 500 Futures Slide On Strong Jobs Data And Yields
Simply Wall St.72d agoneutral
US Stock Market Today: S&P 500 Futures Slide On Strong Jobs Data And Yields

The Morning Bull - US Market Morning Update Monday, Jun, 8 2026 US stock futures are pointing lower this morning, with E mini S&P 500 contracts down about 2.6% and Nasdaq 100 futures off nearly 4.8%, as investors react to strong US jobs data and rising bond yields. May nonfarm payrolls added 172,000 jobs and average hourly earnings rose 0.3% in the month, which signals a job market that is still creating work and pay packets that continue to grow. At the same time, the 2 year US Treasury...

Micron Selloff Tests AI Memory Hopes Valuation And Insider Signals
Simply Wall St.72d agobearish
Micron Selloff Tests AI Memory Hopes Valuation And Insider Signals

Micron Technology (NasdaqGS:MU) shares saw a sharp multi day decline during a global semiconductor selloff tied to weaker AI chip revenue guidance from Broadcom. The drop came after a period of very strong gains for Micron's stock, which last closed at $864.01. Investors are also watching recent insider selling and debating Micron's valuation after a parabolic run in AI related memory names. For current and potential shareholders, the pullback marks a clear shift in tone after months of...

NVIDIA CEO Has Good News for Micron and SanDisk Investors: “The Memory Shortage to Continue for Several Years”
24/7 Wall St.72d agoneutral
NVIDIA CEO Has Good News for Micron and SanDisk Investors: “The Memory Shortage to Continue for Several Years”

NVIDIA (NASDAQ:NVDA) CEO Jensen Huang, speaking from South Korea tonight after Friday’s brutal chip sell-off, told investors that “AI-related stocks are very cheap right now.” More importantly for memory bulls, he framed the AI supply crunch as a multi-year condition, an unmistakably positive read-through for Micron Technology (NASDAQ:MU) and SanDisk (NASDAQ:SNDK), which trades under SNDK ... NVIDIA CEO Has Good News for Micron and SanDisk Investors: “The Memory Shortage to Continue for Several

KORU Is Up 236% Year to Date but Just Lost Half Its Value in a Single Trading Day
24/7 Wall St.73d agoneutral
KORU Is Up 236% Year to Date but Just Lost Half Its Value in a Single Trading Day

If you owned Direxion Daily MSCI South Korea Bull 3X Shares (NYSEARCA:KORU) into the close on Friday, June 5, 2026, you watched $10,000 turn into roughly $5,811 in a single session, and you watched a $1,050 share close at $610. The headline number was a roughly 42% one-day drop, which is the kind of move ... KORU Is Up 236% Year to Date but Just Lost Half Its Value in a Single Trading Day

Fed's Mary Daly has blunt message for AI stock investors
TheStreet74d agoneutral
Fed's Mary Daly has blunt message for AI stock investors

Mary Daly just issued a stark warning to AI stock investors in a recent sit-down interview with Bloomberg. Daly argues that the broader story remains promising, but clearly the proof is still incomplete. The San Francisco Fed president laid out the case that businesses are clearly spending, ...

Analyst See More Upside Despite Micron Technology’s (MU) 90% Gains in May
Insider Monkey74d agoneutral
Analyst See More Upside Despite Micron Technology’s (MU) 90% Gains in May

Despite Micron Technology, Inc. (NASDAQ:MU)’s impressive 90% gains in May 2026, the Street continues to increase price targets, reflecting continued bullish sentiment on the stock. Micron Technology is also among our Best Performing Stocks in May. ​Recently, on June 3, Morgan Stanley raised the firm’s price target on Micron Technology, Inc. (NASDAQ:MU) from $520 to […]