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USD Implodes 17% And June 8th Could Be Worse
24/7 Wall St.63d agoneutral
USD Implodes 17% And June 8th Could Be Worse

A 2x leveraged semiconductor ETF will eventually give you a day like June 5, 2026. ProShares Ultra Semiconductors (NYSEARCA:USD), which seeks twice the daily return of the Dow Jones U.S. Semiconductors Index, closed at $88.68 on Friday, down roughly 17% from $106.64 the day before. A holder who walked in Friday morning with $10,000 walked ... USD Implodes 17% And June 8th Could Be Worse

Mark Zuckerberg and Meta face first tough test after layoffs
TheStreet63d 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 ...

Is AECOM (ACM) A Good Stock To Buy Now?
Insider Monkey63d agobullish
Is AECOM (ACM) A Good Stock To Buy Now?

Is ACM a good stock to buy? We came across a bullish thesis on AECOM on The Dividend Auditor’s Substack. In this article, we will summarize the bulls’ thesis on ACM. AECOM’s share was trading at $71.44 as of June 2nd. ACM’s trailing and forward P/E were 15.08 and 10.72 respectively according to Yahoo Finance. AECOM, together […]

Alphabet Weighs SpaceX AI Deal And $85b Raise Against Valuation Concerns
Simply Wall St.63d agoneutral
Alphabet Weighs SpaceX AI Deal And $85b Raise Against Valuation Concerns

Alphabet (NasdaqGS:GOOGL) has signed a multi year AI infrastructure agreement with SpaceX to access more than 100,000 Nvidia GPUs housed in SpaceX data centers. The deal is tied to Alphabet's record US$85b equity raise, anchored by Berkshire Hathaway, to fund expanded AI compute capacity. The arrangement highlights growing competition for high end chips between large AI players and points to SpaceX's data centers playing a larger role in AI supply chains. Alphabet enters this agreement with...

WWDC 2026 Puts Apple’s AI Pivot And Services Valuation In Focus
Simply Wall St.63d agoneutral
WWDC 2026 Puts Apple’s AI Pivot And Services Valuation In Focus

Apple plans to use WWDC 2026 to outline a broad AI plan, centered on a relaunch of Siri powered by Google's Gemini models and Nvidia hardware. The company is expected to introduce a paid Siri subscription and extend its Apple Intelligence platform across more devices and services. This move points to a clearer focus on AI driven services revenue and deeper integration of third party AI technology within the Apple ecosystem. Apple, NasdaqGS:AAPL, heads into WWDC 2026 with its share price at...

Direxion’s 3x Tech ETF TECL Collapsed 19.93% Friday While XLK Fell Just 6.66%: Here’s Why
24/7 Wall St.64d agoneutral
Direxion’s 3x Tech ETF TECL Collapsed 19.93% Friday While XLK Fell Just 6.66%: Here’s Why

If you closed Thursday with $10,000 in Direxion Daily Technology Bull 3X Shares (NYSEARCA:TECL), you opened the weekend with about $8,000. TECL closed Friday June 5 at $202.59, down 19.93% from Thursday’s $253.01. The underlying it leverages, Technology Select Sector SPDR Fund (NYSEARCA:XLK), fell 6.66% from $193.17 to $180.30, its worst session in over a ... Direxion’s 3x Tech ETF TECL Collapsed 19.93% Friday While XLK Fell Just 6.66%: Here’s Why

AIQ Turned $10,000 Into $13,400 in Six Months as AI Chips Soared 34% YTD
24/7 Wall St.64d agobullish
AIQ Turned $10,000 Into $13,400 in Six Months as AI Chips Soared 34% YTD

If you put $10,000 into the Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ) on the last trading day of 2025, you are sitting on roughly $13,400 as of Thursday’s close, with the fund up 34% year to date against the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) at 11%. Stretch the lens to the trailing ... AIQ Turned $10,000 Into $13,400 in Six Months as AI Chips Soared 34% YTD

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.64d 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

Cathie Wood buys $99 million of popular megacap stock
TheStreet64d agobullish
Cathie Wood buys $99 million of popular megacap stock

Cathie Wood, chief of Ark Investment Management, has actively traded tech stocks as investors search for the biggest beneficiaries of the AI boom. Wood just made one of her biggest trades of the year in the past week, snapping up roughly $99 million worth of shares in Google’s parent company, ...

Google targets costly problem for Android users
TheStreet64d agoneutral
Google targets costly problem for Android users

Americans are losing more money to scams, and fraudsters are getting better at making their messages look and sound familiar. In 2025, the Federal Trade Commission received 3 million fraud reports from consumers, who reported $15.9 billion in losses. That was a sharp increase from the ...

Bloomberg64d agoneutral
Trump AI Policy Adviser Krishnan Is Giving Up White House Role

(Bloomberg) -- Sriram Krishnan, a top White House adviser on artificial intelligence, is stepping down from the post.Most Read from BloombergTrump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalBecerra Advances for California Governor as Hilton Fights SteyerNasdaq 100 Sinks 5% in AI-Led Rout as Yields Climb: Markets WrapSpaceX Inks $30 Billion Computing Power Deal With GoogleSpaceX, Other Mega IPOs Denied Fast Index Entry by S&PA former Andreessen Horowitz partner, Krishnan was

Piper Sandler Raises PT on Alphabet (GOOGL) Stock
Insider Monkey64d agoneutral
Piper Sandler Raises PT on Alphabet (GOOGL) Stock

Alphabet Inc. (NASDAQ:GOOGL) is one of the Best Big Company Stocks to Buy Right Now. On June 1, Piper Sandler analyst Thomas Champion lifted its price objective on the company’s stock to $445 from $425 and kept an “Overweight” rating on the shares. The firm released its first analysis of citations data throughout searches in Google’s […]

Google rents SpaceX/AI supercomputers for $920M a month, ahead of IPO
Euronews64d agoneutral
Google rents SpaceX/AI supercomputers for $920M a month, ahead of IPO

Google has signed a $30 billion deal to lease computing power from SpaceX, paying $920 million per month through June 2029. The move came after SpaceX acquired xAI in February 2026, gaining massive data centres. The deal precedes SpaceX’s highly anticipated IPO next week.View on euronews

Jim Cramer Believes “Alphabet Could Raise Serious Money”
Insider Monkey64d agoneutral
Jim Cramer Believes “Alphabet Could Raise Serious Money”

Alphabet Inc. (NASDAQ:GOOGL) was among the stocks on which Jim Cramer gave his opinion, as he warned that increased AI-related spending might cause near-term headwind for stocks. Cramer commented on the company raising money for the data center build-out, as he said: Now, we should be heartened by what happened to the stock of Alphabet […]

Warren Buffett's Berkshire triples stake in newspaper giant
TheStreet64d agoneutral
Warren Buffett's Berkshire triples stake in newspaper giant

For decades, owning a newspaper looked like a losing bet. Print circulation fell, ad dollars fled to Google and Meta, and plenty of local titles folded for good. So when one of the most respected names in investing keeps pouring money into the sector, it's worth paying attention. That's exactly ...