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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.
QQQM Falls 4.8% as Growth ETF Faces Selling Pressure, June 06
QQQM drops 4.8% to $290.35 as growth ETFs face selling. VGT and VUG also decline. Meyka rates QQQM a B with $256.27 yearly target.
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.
Migros Opens First 24-Hour Supermarket in Switzerland, June 06
Migros opens 24-hour supermarket in Herisau July 2, 2026. 300 sq m store with 7,000 items, staffed until 7 PM, then self-service via smartphone.
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.
PHLX Chip Index Crashes 10.3% on Broadcom Shock, June 06
PHLX Semiconductor Index drops 10.3% on June 05, erasing $1.3 trillion in market value amid weak AI chip demand.
McDonald’s Tests AI Drive-Thru System ArchIQ at Five Locations, June 06
McDonald’s tests ArchIQ AI drive-thru system at five US locations with 90% order completion rate and 2.6% stock gain.