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Bloomberg29d agobearish
Apple Supplier Luxshare Drops After $3 Billion Hong Kong Debut

(Bloomberg) -- Apple Inc. supplier Luxshare Precision Industry Co. fell in Hong Kong trading debut on Thursday after raising HK$24.3 billion ($3.1 billion) in the city’s biggest listing this year so far. Most Read from BloombergMicrosoft’s Xbox to Shift Obsidian Studio to New ‘Fallout’ Video GameTrump Vents Anger With Iran and Warns Ceasefire May Be ‘Over’Nvidia’s $1 Trillion Slide Sends Valuation to Pre-AI Boom LevelsGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaStocks Fall as

Veteran analyst drops massive Micron valuation prediction
TheStreet29d agobearish
Veteran analyst drops massive Micron valuation prediction

Wall Street is becoming more confident in Micron Technology (MU). A Melius analyst now says the chipmaker could become the sixth-largest public company in the United States. That would make it worth more thanBroadcom (AVGO) and even Taiwan Semiconductor (TSM). The analyst's claim is a bold ...

SpaceX moves Bitcoin amid possible market crash
TheStreet30d agobearish
SpaceX moves Bitcoin amid possible market crash

A dormant SpaceX Bitcoin wallet just moved for the first time in six months, and the crypto market is paying close attention to what comes next. In an X post, blockchain intelligence firm Arkham flagged the transaction on Wednesday, noting that a tagged SpaceX address made a test transfer of ...

Tesla driver faces manslaughter charge after fatal crash
TheStreet30d agobearish
Tesla driver faces manslaughter charge after fatal crash

While Tesla is just beginning to experience the civil fallout from the fatal crash in a Houston, Texas, suburb last month, the driver of the vehicle is now facing legal consequences for his role. The Model 3 of Michael David Butler, 44, crashed into a home, killing a 76-year-old woman. Footage of ...

Spanish Stocks Tumble After Trump Makes Trade Threats
The Wall Street Journal30d agobearish
Spanish Stocks Tumble After Trump Makes Trade Threats

At today's NATO summit in Turkey, President Trump lashed out at Spain, which closed its airspace to U.S. planes involved in the Iran war. "We don't want to do any trade business with Spain anymore," Trump said in Ankara, Turkey.

Investing.com30d agobearish
Spain’s IBEX 35 tumbles after Trump orders halt to trade with Spain

The Ankara summit, which runs July 7-8, 2026, has already proven turbulent. Trump said on arriving in Turkey on Tuesday that he might have boycotted the gathering entirely had it not been for his personal friendship with President Recep Tayyip Erdogan, and he declined to rule out further U.S. troop withdrawals from Europe.

Bloomberg30d agobearish
Korean Stocks Extend Drop From Peak to 20% as AI Jitters Spread

(Bloomberg) -- South Korea’s equity market extended declines, pushing the benchmark gauge toward a technical bear market as investors reassessed the outlook for artificial intelligence demand.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaChip Stocks Sink After Blistering Run as Oil Jumps: Markets WrapTwo Millennium Trading Pods Made About $3.7 Billion Last MonthUS Strikes Iran and Blocks Oil Sales in New Test of CeasefireChina Sentences Official to Death

Amgen (AMGN) Recalls Put Its Valuation Story Back In Focus
Simply Wall St.30d agobearish
Amgen (AMGN) Recalls Put Its Valuation Story Back In Focus

Amgen (AMGN) has moved into focus after initiating voluntary nationwide recalls of certain Corlanor and Sensipar tablet lots due to foreign substances and CGMP deviations, prompting investors to reassess drug quality and compliance risks. See our latest analysis for Amgen. Against this recall backdrop, Amgen’s recent momentum has stayed intact, with a 30 day share price return of 5.30% and a year to date share price return of 12.35%. The 1 year total shareholder return of 27.66% and 3 year...

South Korean chip stocks slide after overnight US selloff on AI boom concerns
Reuters30d agobearish
South Korean chip stocks slide after overnight US selloff on AI boom concerns

Shares of South Korean memory chipmakers Samsung Electronics and ‌SK Hynix fell as much as ‌4.4% and 5%, respectively, in early trade on ​Wednesday, tracking a broad selloff in U.S. semiconductor stocks on growing concerns about the sustainability of the AI-driven chip boom. High-flying memory and ‌semiconductor stocks tumbled ⁠overnight, with Intel, Micron and AMD closing down 9.7%, 4.7% and ⁠6.5%, respectively. MKTS/GLOB] Also, the Philadelphia Semiconductor Index lost 4.7% as investors questioned whether AI-related spending ​can be ​sustained.

SpaceX Shares Stumble in Nasdaq-100 Debut
The Wall Street Journal30d agobearish
SpaceX Shares Stumble in Nasdaq-100 Debut

It was a failure to launch for SpaceX shares on their first day in the Nasdaq-100. Amid a broad decline in tech stocks, the rocket maker’s shares dropped 6.8% to $149.47—above their IPO price of $135, but down from a peak above $200 and below the $150 price where shares began trading on June 12. Mutual and exchange-traded funds with roughly $800 billion in assets under management have been expected to buy SpaceX shares to mirror the Nasdaq-100’s performance, providing a guaranteed source of demand that some hoped might lift the stock.

Eli Lilly price target boost, Vertex-Crinetics deal, Meta's new social media lawsuit
Yahoo Finance Video30d agobearishVIDEO
Eli Lilly price target boost, Vertex-Crinetics deal, Meta's new social media lawsuit

Market Domination Host Josh Lipton tracks several of the day's top trending stock tickers, including JPMorgan analysts raising their price target on Eli Lilly (LLY) stock, Vertex Pharmaceuticals' (VRTX) acquisition of Crinetics (CRNX), and the possible $1.4 trillion lawsuit that multiple states are now suing Meta Platforms (META) for.