Today: 23 June 2026
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NASDAQ:AAPL 18 June 2026 - 23 June 2026

Nasdaq 100 futures fell nearly 3% before the open on June 23, with traders retreating from AI-focused tech stocks. SpaceX lost over $600 billion in market value in the last three sessions, and South Korea’s KOSPI dropped 9.99% after sharp declines in Samsung Electronics and SK Hynix. Fomo, a crypto trading app, raised $75 million in Series B funding led by Index Ventures, reaching a $550 million valuation with participation from Union Square Ventures, Benchmark, and notable angel investors. Apple ended Monday down 0.3% at $297.01 but outperformed the broader Nasdaq and other major tech stocks, remaining up about 2% over the past five sessions. Jefferies expects index funds to execute about $350 billion in trades at the upcoming Russell index reshuffle, with SpaceX set to join the Russell 1000. Apple finished the previous week just under $300, supported by a tech rebound, while investors debate whether higher device prices can sustain margins amid rising memory costs. U.S. markets reopened after the Juneteenth holiday, with the S&P 500 up 0.93%, Nasdaq up 2.43%, and Dow up 0.71% last week. May PCE inflation data and Micron’s earnings are upcoming catalysts. Trump’s financial disclosures revealed large transactions in Nvidia, Apple, and an S&P 500 index fund, and family holdings in Trump Media and American Bitcoin. Congressional filings show significant stakes in major tech companies and recent options activity. Intel’s stock surged 10.64% after President Trump said Apple would collaborate with Intel on U.S. chip design, though details remain unconfirmed.
Nasdaq Futures Drop Ahead of Open as Debt Concerns Hit AI Stocks

Nasdaq 100 Slides, Tech Stocks Wipe Out $1 Trillion

Nasdaq 100 futures plunged nearly 3% premarket as selling in AI-linked tech stocks intensified, putting over $1 trillion in market value at risk Tuesday; SpaceX dropped below a $2 trillion valuation and lost $600 billion in three sessions, while South Korea’s KOSPI tumbled 9.99% after Samsung and SK Hynix fell over 12% each, as investors question AI returns and brace for higher U.S. rates.
Big VCs Back Fomo’s Crypto Trading App With $75M Round

Big VCs Back Fomo’s Crypto Trading App With $75M Round

Fomo raised $75 million in Series B funding led by Index Ventures at a $550 million valuation as crypto venture funding slumps, with over 625,000 users and $4 billion in trading volume since launch; the company aims to simplify on-chain trading and expand into equities and prediction markets, but faces risks from social trading and leveraged products.
US Stocks This Week: PCE Inflation, Micron Earnings in Focus as AI Rally Hovers Near Records

US Stocks This Week: PCE Inflation, Micron Earnings in Focus as AI Rally Hovers Near Records

All eyes on Thursday’s May PCE inflation report and Wednesday’s Micron earnings, both set to directly impact Fed rate expectations and the AI-fueled rally, as the S&P 500 and Nasdaq approach record highs with less margin for error amid ongoing policy and oil risks.
What Donald Trump and his family are investing in: Nvidia, Trump Media and bitcoin stocks

What Donald Trump and his family are investing in: Nvidia, Trump Media and bitcoin stocks

Trump’s accounts disclosed up to $750 million in trades, including major Nvidia and Apple purchases that gained after Thursday’s chip rally, but delayed filings mean it’s unclear if those positions were held at the close; Trump Media’s stake was valued at $974 million after reporting a $405.9 million Q1 net loss, and upcoming Micron earnings plus inflation data could impact these holdings.
Pelosi family positions in AI, Big Tech grab attention after new trades

Pelosi family positions in AI, Big Tech grab attention after new trades

House filings reveal Pelosi family holds $5M–$25M spouse-owned stakes in top tech stocks like Alphabet, Amazon, Apple, Broadcom, Microsoft, Nvidia, Salesforce, and Visa, as semiconductor shares drive Nasdaq up 2.43% in a holiday-shortened week; portfolio remains heavily concentrated in AI and tech despite recent large sales.
Intel Beats AMD for Week After Trump Comments on Apple Chips

Intel stock enters week at record high after Apple chip report, Micron test ahead

Intel surged 10.64% to a record $133.99 after President Trump said Apple agreed to work with Intel on U.S. chip design and manufacturing, though neither company confirmed details; investors await proof of large customer orders and factory execution as the stock’s rally outpaces current earnings and risks remain over the scale and timing of any Apple partnership.
Apple Price Increases Turn Spotlight on Memory Chip Shortages After Goldman Trims Smartphone View

Apple Price Increases Turn Spotlight on Memory Chip Shortages After Goldman Trims Smartphone View

Goldman Sachs slashed 2026-27 global smartphone shipment forecasts as surging memory-chip costs force Apple to raise prices, signaling even top-tier brands can’t absorb the AI-driven chip squeeze; Micron’s June 24 earnings now stand as a crucial test for the memory rally’s momentum, with Gartner warning soaring memory prices could cut 2026 smartphone shipments by 8.4% and push prices up 13% versus 2025.
Chip Rally Breaks as Nasdaq Faces Tight Labor Market

Nasdaq gets boost from AI chip stocks; Fed rate question stays in focus

Intel soared 10.6% after President Trump announced Apple will partner with the company on U.S. chip design and manufacturing, fueling a semiconductor-led rally that lifted the S&P 500 by 0.93% and the Nasdaq by 2.43% in a holiday-shortened week, even as investors remain wary of persistent inflation and potential Fed rate hikes.
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Stock Market Today

  • Tech Sector Volatility Indicator Nears 20-Year Peak
    June 23, 2026, 2:25 PM EDT. The tech sector's specialized volatility index, often dubbed a 'fear gauge,' is approaching levels unseen in nearly two decades. This measure tracks expected price swings in technology stocks, unlike the broader VIX index which gauges overall market fear. Investors should monitor this indicator closely as it signals heightened uncertainty specifically in tech equities, potentially forecasting increased market turbulence ahead.

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