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Stock Market Today: Chip Stocks Plunge on AI Funding Worries
The stock market today is firmly in the red as a global rout in chip stocks deepens. Nvidia, AMD and Dell are leading the declines, with selling spreading from the United States across Asia as investors question whether the money behind the artificial-intelligence buildout will keep flowing. It is the kind of session that reminds…
Citi Tops Global IPO Underwriting, Overtakes Goldman Sachs in 2026
Citigroup takes top spot in global IPO underwriting through September 2026, ahead of Goldman Sachs, after advising on SK Hynix $26.5B and SpaceX $86B listings.
Kioxia Stock Split Triggers Margin Call Crisis as Year-End Deadline Looms
Kioxia’s 3-for-1 stock split lowered entry barriers but trapped margin traders. Retail investors face year-end liquidation deadlines, risking cascade selling in the memory chip maker’s shares.
Kioxia Stock Split Draws Retail Margin Traders Into Year-End Squeeze
Kioxia’s 3-for-1 stock split lowered entry costs for retail investors, but margin traders now face year-end liquidation pressure as shares fall 50% from June highs.
Kioxia Stock Splits 3-for-1 on October 5 as Tokyo Exchange Pushes Lower Entry Prices
Kioxia splits stock 3-for-1 on Sept 29. Tokyo Exchange pushed 760+ firms to split since 2022 to lower entry prices below 500,000 yen for retail investors and new NISA participants.
Micron Surges on Record Q4 Earnings, Guides Q1 Revenue to $61.5B
Micron beat Q4 earnings with $33.42 EPS vs. $31.61 expected and $54.23B revenue vs. $51.07B forecast. Q1 guidance of $61.5B revenue far exceeds analyst estimates of $57B.
Oil Slides for Fifth Day to $94.59 as Trump Signals Iran Diplomacy
Oil slides to $94.59 per barrel for the fifth straight day on Trump’s Iran diplomacy signals. Brent crude fell 1.09% as U.S. crude dropped 1.24% on September 21.
China Accuses US AI Firms of ‘Coordinated Play’ to Block Competition, September 15
China accuses Anthropic, OpenAI, and SpaceX of coordinated efforts to slow AI development and block Chinese competition. Beijing released its own AI safety framework on September 14.
Over 40% Cancel Game Pass Due to Rising Costs, Survey Shows
Over 40% of US gamers canceling Xbox Game Pass, PS Plus, and Nintendo Switch Online cite rising costs as the main reason, up from 37% in Q1 2026, according to Circana data.