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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.
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.
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.
Bitcoin Falls Below $61K as Tech Selloff Triggers Liquidations, June 06
Bitcoin drops to $60,968 amid 4.4% daily loss as Nasdaq falls 4% on chip stock selloff. Oversold technicals suggest potential reversal near support.
Herdenschutz: New Fencing Tech Protects German Livestock, June 06
German farmers adopt self-driving fencing machines and herd protection technologies at Echemer Zauntag to protect livestock from predators.
Bitcoin Crashes Below $60,000 as Sell-Off Deepens, June 06
Bitcoin crashes below $60,000 to lowest level since October 2024. Worst week since FTX collapse. ETF outflows and major holder sales drive sell-off.
Nasdaq Falls 4.2% on Chip Selloff, Worst Day Since April 2025
Nasdaq falls 4.2% to 25,709 as chip stocks plunge on strong jobs data and rate hike fears. Broadcom and Micron lead declines.