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Bloomberg94d agobearish
Alphabet Shares Drop After Second AI Star Departs for Rival

(Bloomberg) -- Alphabet Inc. shares tumbled on Monday following the departure of another high-profile artificial intelligence leader to a rival.Most Read from BloombergIran Says Hormuz Closed Again as Talks With US Set to OpenUS and Iran Make ‘Progress’ in Talks, Aim to Keep Hormuz OpenIranian Negotiators Said to Still Be Engaged in Talks With USMeta Taps New WhatsApp Boss as Part of $900 Million InvestmentIran Cites ‘Major Progress’ After All-Night Talks With USThe stock fell as much as 7.2%, t

He Watched His $1M ETF Investment Crash to $200k. Then He Cashed Out at $7.5 Million
24/7 Wall St.101d agobearish
He Watched His $1M ETF Investment Crash to $200k. Then He Cashed Out at $7.5 Million

A Redditor shared the kind of story that makes everyone reach for the calculator. A friend put roughly $1 million into Direxion Daily Semiconductor Bull 3X Shares (NYSEARCA:SOXL), watched the position bleed down to about $200,000 during the 2025 tariff-war selloff, refused to sell, and then cashed out near $7.5 million when the AI chip ... He Watched His $1M ETF Investment Crash to $200k. Then He Cashed Out at $7.5 Million

SpaceX stock gains, space companies fall, chips mixed on IPO news
Yahoo Finance Video104d agobearishVIDEO
SpaceX stock gains, space companies fall, chips mixed on IPO news

Yahoo Finance Senior Reporter Brooke DiPalma joins Market Domination to tackle today's top trending tickers, including the momentum driving SpaceX (SPCX) shares in Friday's session after the company's IPO, the impact it is having on other space stocks Virgin Galactic (SPCE) and Rocket Lab (RKLB), and how semiconductor stocks such as Micron Technology (MU) and Nvidia (NVDA) are moving on the historic public offering.

Retail Investors Are Selling Stocks to Raise Money for SpaceX
The Wall Street Journal105d agobearish
Retail Investors Are Selling Stocks to Raise Money for SpaceX

Retail investors are clearing the decks ahead of the SpaceX IPO. For two straight days this week, ordinary investors dumped their single-stock holdings on a net basis, according to Vanda Research. The moves suggests that mom-and-pop investors are amassing dry powder ahead of SpaceX's anticipated public debut tomorrow.

Jim Cramer Warns: AI Stocks Face 50% Crash Without Earnings Growth
24/7 Wall St.108d agobearish
Jim Cramer Warns: AI Stocks Face 50% Crash Without Earnings Growth

Jim Cramer used his June 8, 2026, Squawk on the Street appearance to deliver a direct warning to anyone riding the AI chip rally. His line, after a brutal Friday that saw the Philadelphia semiconductor index post its fourth-worst decline ever: “Unless you have accelerated earnings, your stock is pretty much done. Got to go ... Jim Cramer Warns: AI Stocks Face 50% Crash Without Earnings Growth

Wall Street Bank Warns SpaceX IPO Could Trigger Large Sell-Off in Popular Semiconductor Stocks
24/7 Wall St.108d agobearish
Wall Street Bank Warns SpaceX IPO Could Trigger Large Sell-Off in Popular Semiconductor Stocks

BNP Paribas is warning clients that this week’s SpaceX IPO could do something the AI rally has not yet had to absorb: force a wave of selling in the very semiconductor stocks that have driven the market higher. Retail investors are expected to be heavy buyers of the IPO, and they will need to raise ... Wall Street Bank Warns SpaceX IPO Could Trigger Large Sell-Off in Popular Semiconductor Stocks

Guidance Miss Becomes a Bloodbath: DRAM’s 15% Implosion is At The Center
24/7 Wall St.108d agobearish
Guidance Miss Becomes a Bloodbath: DRAM’s 15% Implosion is At The Center

The Roundhill Memory ETF (CBOE:DRAM) closed Friday, June 5, 2026 at $55.79, down 15% on the day from a prior close of $65.70. Over the two-day window from June 3 through June 5, the fund dropped 20%, going from $69.71 to that Friday close. If you had $10,000 in DRAM at Wednesday’s open, you had ... Guidance Miss Becomes a Bloodbath: DRAM’s 15% Implosion is At The Center

Chip selloff erases over $1 trillion in stock market value
Reuters111d agobearish
Chip selloff erases over $1 trillion in stock market value

U.S.-traded chipmakers plunged on Friday, losing over $1 trillion in market value, with deep losses in ‌AI heavy hitters including Nvidia, Micron Technology and Advanced ‌Micro Devices, as Broadcom's weak report earlier this week reverberated across Wall Street. The PHLX ​chip index slumped almost 8.5% in afternoon trading, putting it on track for its deepest one-day loss since Wall Street's "Liberation Day" tariff selloff in April 2025. Friday's selloff added to losses on Thursday after Broadcom gave a ‌quarterly report that showed ⁠demand for its custom AI chips business falling short of lofty expectations.