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Stock Market News: Nasdaq 100 (NQ=F) -2.8%, S&P 500 (ES=F) -1.4%, Dow Jones (YM=F) -0.5% Amid Chip Sell-Off
U.S. stock market futures fell sharply on June 23, 2026, as a broad sell-off in semiconductor shares rattled Wall Street. Nasdaq 100 futures dropped 2.8%, while S&P 500 and Dow Jones futures also moved lower. Investors are growing cautious over AI-related valuations and the outlook for interest rates. The sudden decline has raised fresh concerns…
Meesho (NSE: MEESHO) Shares Jump 7.3% to ₹184.80 as Citibank Highlights Strategic Edge in E-Commerce Market
Meesho shares gained 7.3% to ₹184.80 on June 23, 2026, after Citibank initiated coverage with a bullish outlook on the company’s future. The move drew strong investor attention and highlighted Meesho’s growing influence in India’s fast-expanding e-commerce market. As online shopping demand continues to rise across smaller cities and towns, analysts see the company benefiting…
Barclays Raises S&P 500 Target to 7,800 for 2026 and 8,800 for 2027 on Stronger Earnings Outlook
Barclays raised its S&P 500 year-end 2026 target to 7,800 on June 23, 2026. Head of US equity strategy Venu Krishna lifted the firm’s 2026 S&P 500 target from 7,650, driven by an improving earnings outlook. The index is trading at $7,456.90 today, below its all-time high of $7,616.20 reached on June 2, 2026. The…
Qualcomm Inc (NASDAQ: QCOM) Loses 1.86% to $221.90 as AI Expansion Gains Momentum but Stock Faces Pressure
Qualcomm Inc (NASDAQ: QCOM) pulled back 1.86% to $221.90 on June 23, 2026, even as its AI and automotive expansion story grows more concrete by the quarter. The stock trades within a 52-week range of $121.99 to $259.92, reflecting a sharp recovery from lows but still well off its all-time closing high of $250.10 from…
Bharti Airtel (NSE: BHARTIARTL) Shares Turn Positive After Increasing Airtel Africa Stake to 79% in ₹28,200 Crore Deal
Bharti Airtel (NSE: BHARTIARTL) shares recovered and turned positive after the company’s landmark ₹28,200 crore Airtel Africa stake consolidation received near-unanimous shareholder approval on June 15, 2026. The deal raises Airtel’s indirect ownership in the Africa business from 62.73% to 79.04%. BHARTIARTL was trading around ₹1,910.80 recently, within a 52-week range of ₹1,740.50 to ₹2,174.50….
Syrma SGS Technology (NSE: SYRMA) Surges 3.95% After Signing Kaga Electronics JV to Build Advanced EMS Facility in India
Syrma SGS Technology shares jumped 3.95% to ₹1,388.05 on the NSE on June 23, 2026, following a strategically significant announcement. The Chennai-based electronics manufacturing services (EMS) company executed a joint venture agreement with Kaga Electronics India Private Limited to establish, develop, and operate a technologically advanced EMS manufacturing facility in India, with a dedicated focus…
Bitcoin Drops 1.2% Below $64K Amid Persistent Institutional Selling and Fed Rate Concerns
Bitcoin slipped below the $64,000 mark in late June 2026, extending a period of market uncertainty driven by institutional selling and concerns over U.S. interest rates. The world’s largest cryptocurrency has struggled to regain momentum as investors weigh the impact of Federal Reserve policy and slowing demand from major market participants. With Bitcoin approaching key…
Tesla Inc Shares (NASDAQ: TSLA) up +1.14% After Jefferies Lowers Target to $375 Amid SpaceX Merger Talk
Tesla Inc. shares climbed 1.14% after analysts at Jefferies lowered their price target to $375, drawing fresh attention to the company’s future growth path. The move comes as investors closely watch rising speculation about a possible Tesla-SpaceX merger, a topic that has sparked intense debate across Wall Street in June 2026. While some see major…
Oracle Cuts 21,000 Jobs as Workforce Falls to 141,000, AI-Driven Restructuring Trims 13% of Staff
Oracle’s workforce dropped to 141,000 employees in fiscal 2026 after the company reduced its headcount by about 21,000 workers, a decline of roughly 13%. The move comes as Oracle accelerates its investment in artificial intelligence, cloud services, and large-scale data centers. Announced in June 2026, the restructuring reflects a growing trend across the tech industry,…