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Major stock indexes plunged Friday, with the Nasdaq closing 4% lower, as technology shares dropped for a second straight day. Meanwhile, Treasury yields surged after the monthly U.S. employment report indicated more jobs were added than expected in May.
The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +0.41%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +1.73%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.53%. June E-mini S&P futures (ESM26 ) rose +0.36%, and June E-mini Nasdaq futures...
The chip designer's business is firing on all cylinders as the AI market expands.
AI Market Shakeout Sends SoftBank Shares Sharply Lower
The S&P 500 Index ($SPX ) (SPY ) today is up +0.02%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +1.49%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.90%. June E-mini S&P futures (ESM26 ) are up +0.02%, and June E-mini Nasdaq futures...
Broadcom shares fell Thursday despite a better-than-expected earnings report, leading other chip stocks lower.
The S&P 500 Index ($SPX ) (SPY ) today is down -0.16%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +1.41%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.23%. June E-mini S&P futures (ESM26 ) are down -0.14%, and June E-mini Nasdaq futures...
Investors Reassess Valuations After Huge Year To Date Rally
NVIDIA Corp. used Computex to expand its push into AI PCs and data-center infrastructure, raising the competitive stakes for Intel Corp., Advanced Micro Devices Inc., Arm Holdings Plc, Qualcomm Inc., Apple Inc., and the broader semiconductor supply chain. NVIDIA Targets...
The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed down -0.74%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -1.21%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.29%. June E-mini S&P futures (ESM26 ) fell -0.78%, and June E-mini Nasdaq futures...
BofA Sees AI Hardware Momentum Building Across Chips
Arm Holdings is up ~270% YTD as royalties and cloud AI drive record revenues, yet a 67x forward sales multiple raises the buy-or-wait question.
Arm finds itself in the sweet spot as AI driven chip demand is accelerating the company’s next growth chapter.
While SpaceX’s anticipated public debut has Wall Street salivating over what could be the most consequential IPO in a decade, the historical record offers a sobering warning. The company filed its S-1 in May, outlining three business segments: Space (Falcon and Starship launch services), Connectivity (the Starlink broadband network), and AI (X and Grok subscriptions). ... SpaceX Is About to IPO. History Says a 55% Stock Drop Could Be Coming Next.
The U.S. Federal Trade Commission has reportedly opened an investigation into Arm Holdings' business practices. Regulators are examining allegations that Arm has attempted to monopolize parts of the semiconductor market. The inquiry focuses on how Arm structures its licensing model and interacts with chipmakers that rely on its designs. For investors watching NasdaqGS:ARM, this regulatory turn follows a period of very strong share price performance. The stock closed at $402.71, with returns...
If you have a decade-long retirement horizon and one slot left for an AI semiconductor name, the choice between Arm Holdings (NASDAQ:ARM) and NVIDIA (NASDAQ:NVDA) is the question that matters right now. Both ride the same AI buildout. Both were just repriced violently after NVIDIA’s blockbuster May quarter. Only one belongs in a portfolio designed ... Arm vs. NVIDIA: Which Semiconductor Stock Belongs in Your 10-Year Portfolio?
Arm stock's year-to-date return in 2026 is a jaw-dropping 268% as of June 2.
FTSE 100 down 23 points to 10,351 UK services sector PMI improved last month OECD growth forecast cut to 2.8%, or 2.1% if Iran war lasts 3.20pm: UK consumer confidence improves UK consumer confidence last month saw the largest monthly gain in sentiment since in five years, according...
Masayoshi Son has been called a visionary and a reckless gambler, sometimes in the same sentence. He bet on Alibaba before anyone in the West had heard of it. He lost billions on WeWork. He turned Arm Holdings into the backbone of the AI chip industry. On June 1 in Paris, he made his most sweeping ...
