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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.
AI Bubble Shows Dot-Com Parallels as Nasdaq Crashes 4%, June 06
Ray Dalio warns AI stocks mirror dot-com bubble patterns as chip stocks crash. Goldman Sachs questions AI ROI amid Broadcom’s weak guidance.
Dow Hits Record 51,562 as Investors Flee AI Chips, June 06
Dow Jones hits record 51,562 as Broadcom’s AI guidance miss sparks rotation from tech into financials and healthcare.
Micron Stock Crashes 9.4% as Fed Rate Hike Fears Grip Tech, June 06
Micron stock fell 9.4% on June 05 as strong jobs data raised Fed rate hike odds, despite Nvidia HBM chip certification.
Wall St Futures Mixed as Dow Rises 61 Points While Nasdaq 100 Drops 1.0% Ahead of Payrolls
Wall Street futures traded mixed on Friday as investors stayed cautious ahead of the crucial U.S. jobs data. The overall tone on Wall St was defensive, with investors balancing strong recent gains against rising uncertainty over interest rates. Dow Jones futures rose about 61 points, showing mild strength in industrial and value stocks. At the…
Micron Technology Falls 7.7% as Broadcom Sparks Chip Selloff, June 05
Micron Technology (MU) stock fell 7.7% to $996 on June 4 after Broadcom missed AI revenue expectations, triggering a $650 billion chip sector selloff.
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%.
UK Police Review Anti-Racism Guidance After Henry Nowak Death, June 04
UK police review anti-racism guidance after Henry Nowak’s death. Officers handcuffed the teenager as he lay dying from stab wounds.