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24/7 Wall St.96d agobearish

He Watched His $1M ETF Investment Crash to $200k. Then He Cashed Out at $7.5 Million

A Redditor shared the kind of story that makes everyone reach for the calculator. A friend put roughly $1 million into Direxion Daily Semiconductor Bull 3X Shares (NYSEARCA:SOXL), watched the position bleed down to about $200,000 during the 2025 tariff-war selloff, refused to sell, and then cashed out near $7.5 million when the AI chip ... He Watched His $1M ETF Investment Crash to $200k. Then He Cashed Out at $7.5 Million

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Yahoo Finance Video98d agobearishVIDEO

SpaceX stock gains, space companies fall, chips mixed on IPO news

Yahoo Finance Senior Reporter Brooke DiPalma joins Market Domination to tackle today's top trending tickers, including the momentum driving SpaceX (SPCX) shares in Friday's session after the company's IPO, the impact it is having on other space stocks Virgin Galactic (SPCE) and Rocket Lab (RKLB), and how semiconductor stocks such as Micron Technology (MU) and Nvidia (NVDA) are moving on the historic public offering.

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Reuters Videos100d agobearishVIDEO

US stocks tumble, dragged by tech and Iran war worries

<body>STORY: Wall Street's main indexes tumbled on Wednesday, with the Dow dropping almost 1.9%, the S&P 500 shedding 1.6% and the Nasdaq falling nearly 2%.:: ArchiveRenewed tensions in the Middle East added to investor uncertainty, with President Donald Trump saying the U.S. would attack Iran again "very hard" following a significant exchange of fire overnight.Chip makers continued to drag on the market, extending their recent declines. Shares of Nvidia lost more than 3.5%, while Broadcom dropped more than 5%.Gina Martin Adams is chief market strategist at HB Wealth."We've had a pretty tough go for the last few days in the equity market, really starting in the middle of last week. We started to see a little bit of rotation out of technology stocks as the earnings season is finally finished. That was clearly the big catalyst for gains. Now we're starting to see markets react a little bit to friction that has reemerged in the Middle East. So you've got two different influences on the equity market right now. Investors are rotating out of tech after the enormous run that it had had since the end of March, and Middle East tensions, which are flaring up again.":: OracleIn other tech names, shares of Oracle, down more than 2% at the close, dropped further in extended trading after the company reported quarterly revenue that narrowly beat Wall Street expectations. Its results came amid concerns about Oracle's spending and AI-driven disruption to traditional software demand. The company also said it expects to raise nearly $40 billion through a combination of debt and equity financing in fiscal 2027.:: ArchiveShares of Super Micro Computer nosedived 28% after the company announced plans to raise $7 billion through a series of equity and equity-linked transactions to fund component purchases for its growing AI server demand.:: ArchiveAnd shares of trucking companies dipped after Amazon announced an expansion of its freight services, with shares of J.B. Hunt, XPO and Old Dominion all suffering losses.Meanwhile, data from the Labor Department showed U.S. consumer prices increased 4.2% in the 12 months through May, the largest gain since April of 2023.While the Federal Reserve is widely expected to hold interest rates steady at its policy meeting next week, investors are now pricing in at least one rate hike by the end of the year.</body>

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Reuters100d agobearish

Wall Street indexes fall 1%, dragged by tech and worries about Middle East

By Caroline Valetkevitch and Joel Jose June 10 (Reuters) - All three major U.S. stock indexes were down more than 1% on Wednesday afternoon, with chipmaker shares extending recent declines and with

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Reuters101d agobearish

Wall St futures slip as tech losses mount ahead of key inflation data

June 10 (Reuters) - U.S. stock index futures fell on Wednesday as technology stocks extended losses, while renewed tensions between the U.S. and Iran weighed on sentiment ahead of a key inflation

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24/7 Wall St.101d agobearish

1 Under-the-Radar Reason to Hold Broadcom Stock After Its Historic 14% Earnings Crash

At $396.60, Broadcom (NASDAQ:AVGO) is a Hold. The stock just suffered its second-largest negative earnings day reaction in nine quarters, and the reason behind it deserves more attention than the headline number. Broadcom designs custom AI accelerators, networking silicon, and infrastructure software for hyperscaler buildouts. Fiscal Q2 delivered strong results: revenue hit $22.19 billion, up ... 1 Under-the-Radar Reason to Hold Broadcom Stock After Its Historic 14% Earnings Crash

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Reuters102d agobearish

Wall St futures tick up as chips extend gains

June 9 (Reuters) - U.S. stock index futures climbed on Tuesday, as chip stocks extended gains for a second day, while easing hostilities in the Middle East also aided sentiment.

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24/7 Wall St.103d 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

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TheStreet103d agobearish

Cramer drops rare message on 2 surging AI stocks and SpaceX

You know that feeling when a friend aces every exam, lands a dream job offer, and somehow still can't catch a break? That's the market handing CrowdStrike Holdings (CRWD) and Broadcom Inc. (AVGO) their report cards right now. Both companies just delivered earnings that would make most CEOs weep ...

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24/7 Wall St.103d agobearish

Wall Street Bank Warns SpaceX IPO Could Trigger Large Sell-Off in Popular Semiconductor Stocks

BNP Paribas is warning clients that this week’s SpaceX IPO could do something the AI rally has not yet had to absorb: force a wave of selling in the very semiconductor stocks that have driven the market higher. Retail investors are expected to be heavy buyers of the IPO, and they will need to raise ... Wall Street Bank Warns SpaceX IPO Could Trigger Large Sell-Off in Popular Semiconductor Stocks

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24/7 Wall St.103d agobearish

Guidance Miss Becomes a Bloodbath: DRAM’s 15% Implosion is At The Center

The Roundhill Memory ETF (CBOE:DRAM) closed Friday, June 5, 2026 at $55.79, down 15% on the day from a prior close of $65.70. Over the two-day window from June 3 through June 5, the fund dropped 20%, going from $69.71 to that Friday close. If you had $10,000 in DRAM at Wednesday’s open, you had ... Guidance Miss Becomes a Bloodbath: DRAM’s 15% Implosion is At The Center

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TheStreet104d 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 ...

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Motley Fool105d agobearish

Stock Market Today, June 5: Broadcom Falls as Strong AI Results Fail to Lift Guidance

Broadcom’s AI bookings remain the key proof point, with investors watching whether custom chip demand can convert quickly enough to support its fiscal 2027 AI revenue target.

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Yahoo Finance Video105d agobearishVIDEO

Nasdaq plunges 1,100 points over renewed rate hike concerns

US stocks (^DJI, ^IXIC, ^GSPC) sink in Friday trading, the Nasdaq Composite leading losses and closing over 1,100 points lower (4.18%). The market is reacting to May's overwhelmingly positive labor data — 172,000 jobs added the US economy vs. estimates of 88,000 — raising investor concerns that the Federal Reserve may be inclined to hike interest rates. Yahoo Finance Markets and Data Editor Jared Blikre breaks down the day's biggest market moves.

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Reuters105d agobearish

Chip selloff erases over $1 trillion in stock market value

U.S.-traded chipmakers plunged on Friday, losing over $1 trillion in market value, with deep losses in ‌AI heavy hitters including Nvidia, Micron Technology and Advanced ‌Micro Devices, as Broadcom's weak report earlier this week reverberated across Wall Street. The PHLX chip index slumped almost 8.5% in afternoon trading, putting it on track for its deepest one-day loss since Wall Street's "Liberation Day" tariff selloff in April 2025. Friday's selloff added to losses on Thursday after Broadcom gave a ‌quarterly report that showed ⁠demand for its custom AI chips business falling short of lofty expectations.

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Investor's Business Daily105d agobearish

Tech Stocks Fall. Why Broadcom, Google, AI IPOs May Have Triggered Sell-Off.

Technology stocks tumbled sharply Friday as the Nasdaq headed for its worst week in a year. Nasdaq Inc. shed nearly 2% in afternoon trades, as Nvidia, Micron and Sandisk fell. Tech behemoths like Amazon and Google edged lower.

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Motley Fool106d agobearish

Stock Market Today, June 5: Strong Jobs Data Drives Broad Sell-Off at Midday

AI chip leaders face renewed scrutiny as hot jobs data and rate hike fears jolt U.S. growth stocks, today, June 5, 2026.

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TheStreet106d agobearish

Citi revisits Broadcom stock price target after post-earnings selloff

Broadcom (AVGO) shares fell 12.6% on June 4 after the chipmaker delivered quarterly results that largely matched Wall Street expectations but failed to provide the AI revenue boost some investors were hoping for. The company reported fiscal second-quarter adjusted earnings of $2.44 a share on ...

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The Wall Street Journal106d agobearish

A 5% Selloff? No Big Deal for Korea's AI-Heavy Benchmark Index

South Korea's tech-heavy benchmark index closed 5.5% lower today. Yawn. It was only the sixth-worst day of 2026. The Kospi Composite is still up 94% this year, powered by a handful of AI-related stocks.

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Reuters106d agobearish

Morning Bid: Missing the mark

By Anna Szymanski June 5 (Reuters) - Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. From the Editor Hello Morning Bid readers!

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Stocktwits106d agobearish

NVDA, INTC, AMD, MU: Major Chip Stocks Fall For Second Day After AVGO's Soft AI Guidance

Broadcom’s AI forecasts, which some considered soft, triggered a sell-off in AI-linked stocks.

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Reuters106d agobearish

Morning Bid: Small miss, big hit

A look at the day ahead in European and global markets from Tom Westbrook The drawdown in tech stocks that has followed a narrow earnings miss at U.S. chipmaker Broadcom deepened in Asia on Friday,

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Reuters106d agobearish

Stocks drop as AI rally pauses, US-Iran peace talks stall

By Rae Wee SINGAPORE, June 5 (Reuters) - Asian share markets slid on Friday as investors took profits on technology stocks and turned defensive ahead of the weekend, wary of the flare-up in Middle

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Investor's Business Daily106d agobearish

Dow Jones Hits High, AI Stocks Shrug Off Broadcom, Ciena Sell-Offs; Jobs Report Looms

Dow Jones futures fell slightly after hours, along with S&P 500 futures and Nasdaq futures. The May jobs report is on tap before Friday's open. The stock market saw the Dow Jones jump to a record high, aided by lower oil prices and Treasury yields.

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Yahoo Finance107d agobearish

Broadcom's sell-off just entered megacap history

Broadcom is erasing nearly $320 billion in market value — the third-worst for US public stocks.

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The Wall Street Journal107d agobearish

📃Money Quote: Tech Selloff an ‘Overreaction’

📣 “There's nothing to support the fact that all these companies should be dumped, just because Broadcom’s got a problem...Today’s tech sell-off is an overreaction to Broadcom’s results because there’s no evidence to suggest that the AI trade is weakening.

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Reuters107d agobearish

S&P 500, Nasdaq slide at open as Broadcom revenue miss dents chip stocks

June 4 (Reuters) - The S&P 500 and the Nasdaq dropped at the open on Thursday, as Broadcom's revenue miss pressured chip stocks, while equity investors took a breather after a strong rally to record

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Investing.com107d agobearish

Broadcom downgraded as Google moves to reduce reliance on chip supplier

Investing.com -- Investment bank Macquarie has downgraded Broadcom from Outperform to Neutral, citing growing concerns that key customer Google is increasingly developing its own artificial intelligence (AI) chip capabilities and diversifying suppliers. The firm also cut its 12-month price target on Broadcom by 15% to $437 per share, down from $513.

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Quartz107d agobearish

Broadcom Q2 earnings miss drags Nasdaq futures lower

Nasdaq 100 futures fell more than 1% as Broadcom's underwhelming AI chip guidance and escalating U.S.-Iran tensions pushed markets toward a second losing day

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Barrons.com107d agobearish

Intel Lands AI Partnership With Apple Supplier Foxconn. Why the Stock Is Falling.

Intel is teaming up with Apple supplier Foxconn to develop artificial-intelligence infrastructure—but that wasn’t enough to stop the chip manufacturer’s stock from sliding on Thursday. The selloff came after Intel and Foxconn, also known as Hon Hai Precision Industry said they would collaborate to speed up the AI buildout. “Together, we are accelerating the delivery of end-to-end platforms that unlock new capabilities and extend the impact of AI worldwide,” Intel CEO Lip-Bu Tan said.

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