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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.
Micron Stock Crashes 13% as Broadcom Shocks Chip Market, June 06
Micron stock fell 13% after Broadcom missed AI revenue guidance, erasing $94B in market cap amid semiconductor sector concerns.
Ethereum Crashes to $1,589, Hits Oversold Levels on June 05
Ethereum crashes to $1,589 USD, down 13% in one month. RSI shows oversold conditions. Key support levels at $1,600 and $1,500. Meyka rates ETH a C+.
Gold Prices Head for Weekly Loss as Spot Gold Falls 0.2% to $4,465 Ahead of U.S. Payrolls
Gold prices moved lower on June 5, 2026, as investors waited for the latest U.S. nonfarm payrolls report for clues on future Federal Reserve interest rate decisions. Spot gold slipped 0.2%, extending weekly losses after a strong rally earlier this year. Rising Treasury yields and cautious market sentiment also pressured bullion prices. Traders across global…
AI-Picked Stocks Surge Up to 54% as S&P 500 Posts Historic 16% April-May Rally
The S&P 500 gained more than 16% across April and May 2026, marking only the fifth time since 1945 that the benchmark index has achieved such a strong two-month advance. The rally was supported by improving earnings, stronger investor sentiment, and renewed confidence in artificial intelligence-driven growth opportunities. This historic move created a powerful backdrop…
Gold Price India Today: Gold Falls ₹1,082 on MCX, Silver Drops ₹4,000 – Check City-Wise Rates
Gold Price in India witnessed a sharp decline today as MCX gold slipped under pressure from weak global cues and cautious investor sentiment ahead of key economic signals. According to the latest commodity updates, both gold and silver extended losses in the domestic futures trade. MCX gold fell by ₹1,082 per 10 grams, while silver…
Ethereum Prediction 2026: ETH Falls to $1,646 as 71% Investors Expect More Downside
Ethereum has entered a challenging phase in 2026 as investor sentiment turns increasingly bearish. The world’s second-largest cryptocurrency has struggled to regain momentum after experiencing a significant correction from its 2025 highs. Recent market data shows ETH falling toward the $1,646 level, while investor surveys indicate that approximately 71% of market participants expect additional downside…
Broadcom Stock Crashes 12% on Weak AI Forecast, June 05
Broadcom stock fell 12% after Q2 earnings beat but AI chip guidance disappointed investors, causing a $300B market cap loss.
Dow Hits Record 51,562 as Investors Flee AI Chips, June 05
Dow Jones hits record 51,562 as investors rotate from AI chips to healthcare. Broadcom falls 12% on weak forecast. S&P 500 gains 0.41%.