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Nasdaq falls the most in nearly 8 months as chips tumble; S&P 500's 9-week winning streak set to end: Live updates - CNBC
The Nasdaq posted its steepest decline in almost eight months as chip stocks fell, snapping the S&P 500's nine‑week rally. Treasury yields rose after a strong jobs report, while the Dow opened flat am
Nasdaq tumbles 4% as chip stocks crash, yields surge
U.S. equities plunged on June 5 as a sharp sell‑off in chip stocks and a surge in Treasury yields, sparked by a stronger‑than‑expected jobs report, drove the Nasdaq down 4% and the S&P 500 off 2.6%.
AI investment fuels US stock highs amid war, inflation
US stock markets are hitting all‑time highs this year despite the Iran war, rising inflation and government‑debt concerns, largely thanks to a surge in AI investment. The gap between these sky‑high va
Nasdaq and S&P 500 set to open lower amid tech sell‑off
Jim Cramer highlighted ten market drivers for Friday, flagging a tech‑driven sell‑off that is dragging the Nasdaq and S&P 500 lower, a sharp earnings miss and guidance cut at Lululemon, and mixed reac
How low can Bitcoin price go if $60K support fails?
Bitcoin hovered near $62,500, defending the $60,000 psychological support after a brief dip to $61,000. Analysts warn that a break below $60k could trigger a swing to $55k at worst, with a bear‑flag p
Dow Jones Record as Health‑Care and Eli Lilly Surge
The Dow Jones Industrial Average closed at a fresh record after a 2% jump, while the S&P 500 rose 0.4% and nine sectors advanced. Health‑care stocks led the rally, with insurers Humana, Centene and Un
The Tech Download: Anthropic’s IPO sets up first big test of AI boom valuations
Anthropic has filed a confidential S‑1 with the SEC, moving toward a public listing. The AI lab is valued at $965 billion and posted a $47 billion revenue run rate, while analysts stress that its gros
There’s More to Space Stocks Than SpaceX - WSJ
SpaceX is preparing an unprecedented IPO at a fixed $135 per share, refusing to adjust the price despite bank pressure. The company also plans the largest market debut ever, sparking speculation about
JPMorgan: Korean households gain $652bn from KOSPI surge
JPMorgan’s research shows South Korean households have generated over 1 quadrillion won in 2026 capital gains, a windfall that could translate into a $28 billion wealth effect and boost domestic consu
RBI Holds Rate at 5.25%, Raises Inflation to 5.1%
India’s central bank left its policy rate unchanged at 5.25% but lifted its inflation outlook to 5.1% and trimmed its growth forecast to 6.6% amid soaring global energy prices and a weakening rupee. G
Bitcoin in danger of dropping to $60,000, with Zcash bulls turning their backs on ZEC
Keel Infrastructure’s shares slipped 8% pre‑market after the company priced an upsized $400 million convertible senior note offering. The 1.25% notes, maturing in 2032, carry a $7.41 conversion price—
The Block Publishes Complete XRP ETF Guide
The Block released a comprehensive guide on XRP exchange‑traded funds, detailing their mechanics, types, benefits, risks, market impact, and investor considerations, while featuring live crypto price
The Block Publishes XRP ETF Guide
The Block releases a comprehensive guide on XRP exchange‑traded funds, detailing their mechanics, benefits, risks, and market impact for investors seeking crypto exposure. The guide also compares XRP
S&P Rejects Fast-Track; SpaceX Barred From S&P 500
S&P Dow Jones Indices declined to change its eligibility rules for newly listed megacaps, keeping SpaceX — which posted a $4.94 billion net loss in 2025 — out of the S&P 500 and dashing retail hopes o
Stocks Fall >5% as AI Selloff Hits Samsung, SK Hynix
South Korean equities plunged over 5% as AI‑related stocks tumbled, mirroring a Wall Street selloff in AI‑linked names. The decline was driven by a Broadcom‑linked AI selloff that hit major chipmakers
Dow Hits Record as Oil Drops and Broadcom Drags Nasdaq
The Dow surged 1.7% to a record close of 51,561.93 as oil prices tumbled and traders tracked conflicting Middle East developments, while a disappointing Broadcom forecast dragged AI-exposed tech stock
Broadcom AI Trade Dragging Tech Futures, Dow Gains
Tech futures fell as investors await the upcoming jobs report, after Broadcom’s AI trade turbulence dragged Asian tech stocks and Wall Street names lower. In the United States, the Nasdaq, S&P 500 and
Broadcom Shares Plunge on Weak AI Chip Outlook
Broadcom's shares plunged after the company projected weaker AI chip sales. The decline was the steepest in more than a year, according to Bloomberg.
Quantinuum IPO Closes Flat After 19% Pop
Quantinuum raised $1.68 billion in an upsized US IPO, opened up 19% at $68, then reversed to close at $60.38 — a roughly $16 billion valuation for the Honeywell-backed quantum computing company.
Microsoft Highlights Windows AI with Nvidia RTX Spark
At its Build conference, Microsoft CEO Satya Nadella placed Windows at the center of the event, unveiling the Surface RTX Spark Dev Kit. The announcement coincided with Nvidia’s launch of RTX Spark ch
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