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Fidelity Select Semiconductors Portfolio

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FSELXNASDAQ
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$73.74
$4.72(6.84%)
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FTSE 100 Live: Index Falls 52.09 Points to 10,280.21 as Prudential, HSBC & Standard Chartered Drop on China Tariff Shock
📅 in about 3 hours

FTSE 100 Live: Index Falls 52.09 Points to 10,280.21 as Prudential, HSBC & Standard Chartered Drop on China Tariff Shock

The FTSE 100 index opened under pressure as global markets reacted to renewed concerns over trade tensions between major economies. The index fell by 52.09 points to close at 10,280.21, reflecting broad weakness across financial and multinational stocks heavily exposed to China. The decline was driven mainly by losses in banking and insurance heavyweights including…

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NIFTY50, Sensex Close Flat as Investors Stay Cautious on Mixed Global Cues
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NIFTY50, Sensex Close Flat as Investors Stay Cautious on Mixed Global Cues

Indian stock markets showed little movement on June 4, 2026, as investors weighed mixed signals from global markets. The NIFTY50 and Sensex ended nearly flat despite sharp swings during the trading session. Rising oil prices, geopolitical tensions, and uncertainty around upcoming policy decisions kept traders cautious.  At the same time, selective buying in key sectors…

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Top Performing Hong Kong Stocks Today: Tencent Holdings (0700.HK), Tencent (80700.HK), CATL (3750.HK)
📅 in about 2 hours

Top Performing Hong Kong Stocks Today: Tencent Holdings (0700.HK), Tencent (80700.HK), CATL (3750.HK)

The Hong Kong stock market has been generating serious investor attention in June 2026. Tencent Holdings, its RMB-denominated counter, and CATL are leading the charge with strong trading volumes, solid business fundamentals, and clear growth narratives around artificial intelligence and clean energy technology. These three businesses represent a unique blend of artificial intelligence growth and…

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Cisco Stock Gains Attention After Cisco Systems Expands AI Strategy With Microsoft Partnership
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Cisco Stock Gains Attention After Cisco Systems Expands AI Strategy With Microsoft Partnership

Cisco Stock (CSCO) has moved into the spotlight after Cisco Systems strengthened its artificial intelligence strategy and expanded enterprise AI capabilities through partnerships and new AI-focused products. The company recently unveiled Cloud Control, an AI-powered platform designed to help businesses manage and secure AI agents across their networks. Cisco shares recently touched an all-time high…

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Nikkei 225 Falls 931 Points to 67,470.69 as Tech Stocks Drag Japan and South Korea Markets Lower
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Nikkei 225 Falls 931 Points to 67,470.69 as Tech Stocks Drag Japan and South Korea Markets Lower

Asian stock markets came under pressure on June 4, 2026, as Japan’s Nikkei 225 tumbled 931 points to 67,470.69, ending a powerful rally that had pushed the index to record highs just a day earlier. Technology and semiconductor stocks led the decline, while South Korea’s market also moved lower amid growing concerns about AI-related valuations…

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Lenskart Shares Fall After SoftBank Arm Sells 3.25% Stake Worth ₹2,873 Crore via Block Deal
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Lenskart Shares Fall After SoftBank Arm Sells 3.25% Stake Worth ₹2,873 Crore via Block Deal

Lenskart shares remained in focus after SoftBank affiliate SVF II Lightbulb Cayman sold 5.65 crore shares, representing 3.25% equity, through a block deal valued at approximately ₹2,873 crore. The transaction was executed at ₹508.55 per share, nearly 3% below the previous market price. The sale reduced SoftBank’s holding from 13.13% at the end of March…

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TSMC CEO Sees Continued AI Boom Driving Chipmaker Growth in Coming Years
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TSMC CEO Sees Continued AI Boom Driving Chipmaker Growth in Coming Years

The global semiconductor industry is entering a new phase of growth, and TSMC is positioned at the center of this transformation. The world’s largest contract chipmaker expects the artificial intelligence revolution to continue driving demand for advanced semiconductors for many years. Recent comments from CEO C.C. Wei highlight the company’s confidence in the future of…

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TSMC Limited Sees Stake Increase: Avestar Capital LLC Adds 1,164 Shares, Up 10.5% in Q4
📅 30 minutes ago

TSMC Limited Sees Stake Increase: Avestar Capital LLC Adds 1,164 Shares, Up 10.5% in Q4

Institutional investors continue to show strong confidence in Taiwan Semiconductor Manufacturing Company (TSMC), one of the world’s most important chipmakers. During the fourth quarter of 2025, Avestar Capital LLC increased its stake in the company by 10.5%, adding 1,164 shares to its portfolio.  The move comes as demand for AI-powered technologies and advanced semiconductors keeps…

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Nifty 50 EPS Cuts: Cipla, L&T, Adani Enterprises & Adani Ports Among 31 Downgraded Stocks in FY27 Forecast
📅 1 hour ago

Nifty 50 EPS Cuts: Cipla, L&T, Adani Enterprises & Adani Ports Among 31 Downgraded Stocks in FY27 Forecast

Earnings expectations for India’s top companies are facing fresh pressure. In May 2026, analysts lowered FY27 earnings-per-share (EPS) forecasts for 31 of the 50 companies in the Nifty 50 index, highlighting growing concerns about profit growth across key sectors. Major names such as Cipla, L&T, Adani Enterprises, and Adani Ports were among those affected. The…

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