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Asian stocks drop again as rollercoaster week draws to close
AFP92d agobearish
Asian stocks drop again as rollercoaster week draws to close

Asian tech stocks sank again Friday as the rollercoaster ride that has characterised the week continued into the weekend, while crude prices edged back down after a brief rally sparked by news of an attack on a ship in the Strait of Hormuz.Oil prices resumed the downward shift that has marked the week, having risen around two percent Thursday on news that a cargo ship was damaged by an unknown projectile off Oman's coast in Hormuz.

Melius Research: “Buy the chip dip, skip hyperscalers” until AI payoff becomes clear
24/7 Wall St.92d agobullish
Melius Research: “Buy the chip dip, skip hyperscalers” until AI payoff becomes clear

Melius Research’s head of tech research, Ben Reitzes, told CNBC to lean into chip-stock weakness and stay clear of the cloud giants paying for the buildout. “I’m telling them to buy on the dip. These have been opportunities in the past, and we just don’t really see any change,” Reitzes said. His list of buys ... Melius Research: “Buy the chip dip, skip hyperscalers” until AI payoff becomes clear

Microsoft Stock Is Having Its Worst Start to a Year Since the Dot-Com Crash
Barrons.com93d agobearish
Microsoft Stock Is Having Its Worst Start to a Year Since the Dot-Com Crash

Heading into Thursday’s session, Microsoft stock had fallen more than 24% in 2026, putting it on track for its steepest first-half decline since a nearly 32% drop in 2000, according to Dow Jones Market Data. For much of its history, Microsoft was best known as the pioneer behind the Windows operating system and wildly popular Office software. Microsoft seemed like an obvious early winner in AI: The company became OpenAI’s first major corporate backer through a $1 billion investment in 2019, aligning itself early on with one of the industry’s juggernauts.

5 Top Google AI Brains Bolted in 7 Days as Gemini Falls Behind, and Alphabet Stock Is Feeling It
24/7 Wall St.93d agobearish
5 Top Google AI Brains Bolted in 7 Days as Gemini Falls Behind, and Alphabet Stock Is Feeling It

Five researchers out of Google’s core AI team in seven days, and the market noticed. Alphabet (NASDAQ:GOOGL) shares fell 5.09% over the past week to $345.29, and dropped another 1.14% Thursday morning to $341.34. The catalyst is talent, the subtext is product, and the spread between the two is where investors are getting nervous. What ... 5 Top Google AI Brains Bolted in 7 Days as Gemini Falls Behind, and Alphabet Stock Is Feeling It

Is Arm Holdings a Buy Near $347? The Case for Double-Digit Upside
24/7 Wall St.93d agobullish
Is Arm Holdings a Buy Near $347? The Case for Double-Digit Upside

Arm (NASDAQ:ARM) has been one of the wildest rides in semiconductors this year, and the question on every shareholder’s mind is whether the current run still has gas in the tank. After a vertical move off the spring lows, ARM trades at $347.57, and our proprietary model still sees room to push higher over the ... Is Arm Holdings a Buy Near $347? The Case for Double-Digit Upside

Xbox to raise console prices worldwide from August
Reuters93d agoneutral
Xbox to raise console prices worldwide from August

June 25 (Reuters) - Microsoft's Xbox is raising prices of its gaming consoles by up to $150 worldwide, citing a deepening global components crisis that has sent storage and memory costs soaring across