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Marvell, Flex Join S&P 500 on June 22 as AI Boom Reshapes Index
Marvell Technology and Flex Ltd. join S&P 500 on June 22, replacing Pool Corp. and Campbell’s, reflecting AI boom’s impact on index composition.
KPMG UK Scraps Summer Friday Early Finish, June 06
KPMG UK ends summer Friday early finish policy, reversing a Covid-era workplace perk as firm reviews business needs.
Chip Stocks Crash $1.3 Trillion as AI Rally Falters, June 07
Chip stocks crash $1.3 trillion on June 5 as Broadcom disappoints and AI demand concerns spread. Nvidia, Micron, AMD lead selloff.
Nasdaq Plunges 4.18% on Chip Selloff, Worst Day Since April 2025
Nasdaq fell 4.18% to 25,709.43 on June 5 as chip stocks plummeted amid Fed rate hike bets following strong jobs data.
Strategy Stock Crashes 7% as Bitcoin Sale Triggers Investor Panic, June 06
Strategy stock fell 7% Friday after Bitcoin holder sold 32 coins for first time since 2022, breaking buy-only stance.
VIX Spikes 39.7% as Tech Selloff Triggers Wall Street Fear, June 06
VIX surges 39.7% to 21.51 as tech stocks plunge on rate hike fears. Nasdaq falls 4%, S&P 500 drops 2.6% in worst day since October.
BNB USD Falls 5.46% Daily: BNBUSD Tests $560 Support
BNB USD drops 5.46% daily to $575.96. Technical analysis shows oversold RSI at 33.58 and bearish MACD. Price targets and forecast included.
Marvell and Flex Join S&P 500 on June 22, Signaling Tech Shift
Marvell Technology and Flex join S&P 500 on June 22, replacing Pool Corp and Campbell’s. AI infrastructure demand drives semiconductor gains.
Solana USD Plunges 7.15% Daily: SOLUSD Tests $62 Support
Solana USD drops 7.15% daily to $62.03. Technical analysis shows oversold RSI at 20, strong ADX trend, and key support at $66.79.