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UNCOVERED: 3 | History Defined

Chip slump erases $1.3 trillion in stock market value

The PHLX's combined loss of 12% over two sessions shows investors are becoming more concerned about pricey, high-flying tech stocks just as Elon Musk prepares a blockbuster initial public ⁠offering next ‌week for SpaceX at an exceedingly high $1.75 trillion valuation.

The Economic Times

Stocks Settle Sharply Lower as Tech Companies Routed

Stocks Settle Sharply Lower as Tech Companies Routed

The S&P 500 Index ($SPX ) (SPY ) on Friday closed down -2.64%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -1.35%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -4.77%. June E-mini S&P futures (ESM26 ) fell -2.97%, and June E-mini Nasdaq futures...

Nasdaq Falls 1,121 Points on Fear of an AI Bubble: Stock Market Today

Nasdaq Falls 1,121 Points on Fear of an AI Bubble: Stock Market Today

The tech-heavy index was weighed down by significant selling pressure in the wake of AI chipmaker Broadcom's disappointing guidance.

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Why is the US stock market down today? Dow Jones, S&P 500 and Nasdaq crash big as strong jobs report, rising Treasury yields and AI stock selloff shake Wall Street — here are today's biggest gainers and losers

Why is the stock market down today? A hotter-than-expected jobs report erased any lingering hope for near-term Federal Reserve rate cuts — and the US stock market is paying a steep price for that reality check. The Dow Jones fell more than 400 points, the S&P 500 lost 1.8%, and…

The Economic Times

S&P 500 could end 9-week winning streak, Dow and Nasdaq fall - here are reasons why US stock market is down today June 5

S&P 500, Dow and Nasdaq down today: Wall Street ended the week in the red as a robust US jobs report fueled fears of prolonged high interest rates. Tech stocks, especially semiconductors, bore the brunt of the sell-off. Investors are now seeking refuge in defensive sectors, while global shipping and…

The Economic Times

Stock Indexes Plunge as Tech Stocks Get Dumped

The S&P 500 Index ($SPX ) (SPY ) today is down -1.00%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.26%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -2.08%. June E-mini S&P futures (ESM26 ) are down -1.11%, and June E-mini Nasdaq futures...

Broadcom’s AI Backlog Is Becoming Too Big to Ignore. Here’s Why AVGO Is a Buy Now.

If Broadcom's earnings were so strong, why did the stock crash?

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Stocks Tumble on Tech Weakness and Fed Rate Hike Speculation

Stocks Tumble on Tech Weakness and Fed Rate Hike Speculation

The S&P 500 Index ($SPX ) (SPY ) today is down -0.90%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.32%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.85%. June E-mini S&P futures (ESM26 ) are down -1.07%, and June E-mini Nasdaq futures...

Broadcom's Whiplash: Shares Tank After Pre-Earnings Surge

Broadcom's Whiplash: Shares Tank After Pre-Earnings Surge

Broadcom just saw a big run-up going into its latest earnings report and a crash following it. Here's what caused shares to slip.

US Stock Market today: Nasdaq, S&P 500 set for low opening, Dow Jones to rise. Nvidia stocks, Intel, Micron, AMD, Broadcom shares under spotlight

US Stock Market today: Nasdaq, S&P 500 set for low opening, Dow Jones to rise. Nvidia stocks, Intel, Micron, AMD, Broadcom shares under spotlight

S&P 500, if remains low, would register its first weekly decline since April. The tech-heavy Nasdaq was also set to ⁠end the week slightly lower, while the price-weighted Dow was on track to rise for the third straight week.

The Economic Times

Buy the Dip? Broadcom's AI Moat Is Wider Than Ever

Buy the Dip? Broadcom's AI Moat Is Wider Than Ever

Broadcom secures massive custom silicon demand as hyperscalers pour unprecedented capital into artificial intelligence infrastructure across the globe.

Stock Index Futures Slip as Tech Slide Deepens, U.S. Jobs Report in Focus

Stock Index Futures Slip as Tech Slide Deepens, U.S. Jobs Report in Focus

June S&P 500 E-Mini futures (ESM26) are down -0.31%, and June Nasdaq 100 E-Mini futures (NQM26) are down -0.88% this morning as investors continue to pull back from the AI trade, while cautiously awaiting the key U.S. jobs report.

Stocks drop as US-Iran talks stall and AI rally cools

Asian and European share markets have fallen as hopes dimmed for a US-Iran peace deal and an AI-driven sell-off continued for a second day.

AVGO Stock Alert: Why Broadcom Is Leading Chip Stocks Lower Today

Broadcom shares sank and dragged the entire chip sector with them as the company missed on Q2 revenue and left AI guidance unchanged. Jefferies recommends buying the dip in AVGO stock.

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Stocks Rebound on Strength in Banks and Managed Healthcare

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 Dow leaps to a record as oil prices ease and US stocks outside of AI rally

Wall Street rallied after falling oil prices and yields in the bond market eased the pressure on U.S. stocks

Broadcom Can't Cap Dow's 874-Point Bounce: Stock Market Today

Technology was one of only two sectors not to close higher on Thursday, and it was basically all about one semiconductor stock.

The Economic Times

US stocks today: Dow soars 800 points to hit record as Iran optimism offsets chip slump, weak jobs data

Wall Street closed higher with the Dow hitting a record, lifted by easing Iran war concerns and gains in healthcare and financial stocks. However, weak results from Broadcom dragged chipmakers, capping Nasdaq gains. Rising jobless claims and AI-driven layoffs added to uncertainty around economic strength and market valuations.

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The Dow jumps 875 points as oil prices ease and stocks outside of AI rally

Wall Street rallied after falling oil prices and yields in the bond market eased the pressure on U.S. stocks

The Dow jumps 900 points as oil prices ease, but slumping AI stocks keep Wall Street in check

Most U.S. stocks are rising as oil prices ease, but slumps for influential AI winners are weighing on Wall Street

Evening Standard

FTSE 100 up despite Asia-focused financials falls

The FTSE 100 closed up 28.02 points, 0.3%, at 10,360.32.

Broadcom’s Q2 Results Brings Fails to Bring Optimism to AVGO Stock. Options Data Predicted It.

Broadcom reported a double beat in its latest quarterly results.

Broadcom Stock Drops After Earnings. Buy the AVGO Dip.

Investors punished Broadcom after management didn’t raise its long-term AI revenue forecast. But the company's AI business continues to grow at an extraordinary pace.

As AI Semiconductor Revenue Swells, AVGO Stock is Destined to Trend Higher

Broadcom delivered Q2 earnings beat and provided an optimistic Q3 guidance.

The Dow jumps 800 points as oil prices ease, but slumping AI stocks keep Wall Street in check

Most U.S. stocks are rising as oil prices ease, but slumps for influential AI winners are weighing on Wall Street

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