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AI Chip Stocks Extend Selloff as Micron, Western Digital Drop 2.1% Amid Meta Pivot Fears
AI chip stocks stayed under pressure on July 2, 2026, with Micron Technology and Western Digital each falling about 2.1%. The decline added to a wider selloff across semiconductor stocks after reports raised fresh questions about Meta’s long-term AI infrastructure plans. That prompted investors to rethink expectations for future spending on memory chips and AI…
Super Micro Reveals Taiwan Staff Questioned in AI Server Export Probe Involving Nvidia Chips
On July 2, 2026, Super Micro Computer confirmed that employees at its Taiwan unit were questioned as part of an investigation into AI server exports involving Nvidia chips. The company said it is cooperating with authorities and is not the primary focus of the probe. The investigation comes as governments tighten restrictions on advanced AI…
IN Market Today: Sensex Gains 173 Points (+0.23%), Nifty 50 Rises 0.27%; GIFT Nifty Trades Lower
India’s benchmark indices closed the June quarter on a subdued note. The BSE Sensex fell 249.70 points, or 0.33%, to close at 76,478.67, while the Nifty 50 declined 80.50 points, or 0.34%, to settle at 23,865.75, slipping below the 23,900 mark. IT stocks led the selloff. GIFT Nifty futures declined 71 points, or 0.3%, to…
Alphabet Enters the Dow as Digital Economy Shift Accelerates, Sending GOOGL Shares Up 4.82% to $353.65
Alphabet Inc. (NASDAQ: GOOGL) shares surged 4.82% to $353.65 as the Google parent officially joined the Dow Jones Industrial Average on June 29, 2026. Alphabet replaced Verizon Communications Inc. (NYSE: VZ) effective before the opening of trading that day. S&P Dow Jones Indices first announced the swap on June 23, 2026. The change marks the…
Apple Inc News: 5 Billion Devices Affected by AirDrop and Quick Share Security Flaw
Apple Inc (NASDAQ: AAPL) faces fresh scrutiny after researchers disclosed major proximity-sharing vulnerabilities on June 30, 2026. Six AirDrop and Quick Share vulnerabilities span iOS, macOS, Android, and Windows, affecting protocols on over five billion active devices. Researchers at the CISPA Helmholtz Center for Information Security examined both systems and uncovered the flaws. Apple, Google,…
Gold Falls 1.3% to $3,965.51, Posting a 12.8% June Drop and Worst Month Since 2008
Gold extended its brutal slide on June 30, 2026, falling 1.3% to $3,965.51 per ounce. The precious metal is on course to lose more than 11% this month and around 14% this quarter, marking its steepest quarterly decline on record. Reuters flagged gold’s biggest quarterly slide since the June quarter of 2013. This June drop…
KEC International (NSE: KEC) Shares Jump Nearly 7% After Securing New Orders Worth ₹1,754 Crore Across Businesses
KEC International (NSE: KEC) shares surged nearly 7% on June 30, 2026, after a major order win announcement. KEC International Ltd., a global infrastructure EPC major and an RPG Group company, secured new orders of Rs 1,754 crore across various businesses, including significant high-voltage transmission line tower supplies in the Americas. With these wins, the…
Omaxe (NSE: OMAXE) Shares Surge 20% After Unveiling Hospitality Vertical With ₹6,200 Crore Investment Plan
Omaxe (OMAXENS) delivered the biggest intraday move on the NSE on June 29, 2026. Shares of real estate developer Omaxe skyrocketed 20% after the company announced its dedicated hospitality business division with plans to develop around 19 hotels spread over nearly 5 million square feet across five states in the next four to five years….
Baidu (NASDAQ: BIDU) Shares Surge 7% After Report Says AI Chip Unit Kunlunxin Targets $50 Billion Valuation in Hong Kong IPO
Baidu shares surged nearly 7% on June 29, 2026, after reports revealed that its AI chip subsidiary, Kunlunxin, is targeting a Hong Kong IPO with a valuation of up to $50 billion. The news has sparked strong investor interest and renewed attention on China’s rapidly expanding AI semiconductor sector. As competition in artificial intelligence intensifies…