Today: 3 July 2026
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NASDAQ:AVGO 6 June 2026 - 11 June 2026

Nvidia Gets AI Approval From Apple But Shares Stay Flat

Nvidia’s $91 Billion Slide Leaves AI Stocks Facing Pressure

New York, June 11, 2026, 04:27 a.m. ET Nvidia dropped 3.73% to $200.42 on Wednesday, leading another slide in artificial intelligence stocks. The move did not follow any poor Nvidia earnings report. Instead, investors pulled back from paying high prices for AI growth as chip stocks weakened, inflation fears took hold, and geopolitical risks came back into play.
Tech stocks slide after hours, Oracle’s AI spending draws focus

Tech stocks slide after hours, Oracle’s AI spending draws focus

Dow sinks nearly 1,000 points as tech breaks down; inflation, Iran weigh U.S. stocks came under more selling after the bell Wednesday. The Dow Jones Industrial Average finished down 953.33 points, or 1.87%, at 49,918.78. The S&P 500 fell 1.62% to 7,266.99. The Nasdaq Composite dropped 1.98% to 25,169.50. Tech stocks took the biggest hit as traders turned defensive. Inflation looked hot and U.S.-Iran tensions stirred. Stocks dropped, but the bigger move was in where the selling hit. The semiconductor index lost 3.6%. Nvidia and Broadcom were heavy drags on the S&P 500. The S&P 500 technology sector is now down 11% from its June 2 record close, enough for correction territory—market code for a drop of at least 10% from a recent high.
Anthropic IPO: $35 Billion Compute Bet Puts AI Valuation Near $1 Trillion to the Test

Anthropic IPO: $35 Billion Compute Bet Puts AI Valuation Near $1 Trillion to the Test

Anthropic’s possible IPO isn’t just about Claude demand anymore. The last 48 hours shifted the story—now it’s about new financing. Apollo and Blackstone are putting up money for a $35 billion AI-compute expansion. Anthropic will use Broadcom chips. The move comes as investors weigh if any private AI firm near a $1 trillion valuation can turn big user numbers into lasting profits. Anthropic, maker of Claude, is moving ahead with IPO plans. The company said June 1 it filed a confidential draft S-1 registration statement with the SEC for a planned public listing. It hasn't fixed the number of shares or a price range yet. A confidential S-1 lets the SEC review filings before investors get the full prospectus.
10 June 2026
Broadcom Shares Slip After $35 Billion AI Transaction, Guidance Jitters Linger

Broadcom Shares Slip After $35 Billion AI Transaction, Guidance Jitters Linger

Broadcom Inc. shares dropped Wednesday, down 4.0% at $376.42 as of 11:59 a.m. EDT, after news of its $35 billion AI infrastructure plan with Apollo and Blackstone did little to hold the stock up. Investors shifted focus back to the doubts over whether Broadcom’s custom AI chip sales can still outpace Wall Street’s high hopes. On Tuesday, shares had an implied close of $392.16. Tech and AI names dropped on Wednesday as part of a wider market slide, Reuters said. Nvidia, Micron, and Broadcom lost between 2.6% and 4.2%. The S&P 500 tech index slid 1.6%. Traders were watching high valuations in tech, unrest in the Middle East, and new inflation readings that kept rate talk in play.
Nasdaq Sees More Moves After Hours Following U.S. Strike on Iran

Nasdaq Sees More Moves After Hours Following U.S. Strike on Iran

Futures on major U.S. stock indexes dropped in after-hours trade Tuesday. Oil moved higher as the U.S. military launched strikes on Iran, pressing risk-off sentiment. That same tone had earlier sent the Nasdaq lower during Tuesday's cash session. Futures are contracts that track where indexes could open. Tech stocks had already dropped by the close, with investors selling growth names. A few hours later, U.S. Central Command said it carried out “self-defense strikes” at 5 p.m. Washington time. That came after President Donald Trump pledged a response to a U.S. Apache helicopter being shot down.
AI Stocks Fall Again Even as Broadcom’s $35 Billion Deal Hits

AI Stocks Fall Again Even as Broadcom’s $35 Billion Deal Hits

Chip stocks tied to AI dropped for a second day Tuesday. Investors kept selling semis, despite Broadcom rolling out a $35 billion financing plan to boost computing power for Anthropic and other major AI labs. That’s what’s happening. Wall Street isn’t denying that AI compute demand is real. But traders are questioning if the prices in stocks like Broadcom, Nvidia, AMD and Micron allow for any slip.
AI chip ETF bulls hit with more losses as leveraged funds slide

AI chip ETF bulls hit with more losses as leveraged funds slide

Chip stocks lost ground again Tuesday. Early gains in the sector didn’t hold and leveraged chip ETFs like Direxion Daily Semiconductor Bull 3X ETF got hit hardest, off 15.4%. The QQQ ETF, which tracks the Nasdaq-100, dropped 2.4% in recent trading. Stocks sold off as the narrow AI trade driving this year’s gains comes under pressure. The S&P 500 and Nasdaq both dropped to their lowest levels in more than a month. Traders are keeping an eye on Wednesday’s Consumer Price Index report and the expected SpaceX listing set for later this week.
Chip Selloff Trips Up Wall Street’s AI Rally

Chip Selloff Trips Up Wall Street’s AI Rally

S&P 500 and Nasdaq slipped by midday Tuesday, pulling back after an early rally from chip stocks faded and tech weighed on the market. Nasdaq was down 1.71%, S&P 500 dropped 0.99%, and the Dow lost 0.52%, according to LSEG data. Semiconductors slipped as the AI rally ran out of steam, with the Philadelphia SE Semiconductor Index dropping 2% after being up 3% earlier in the session. Broadcom, Micron and Nvidia all traded lower. “Tech stocks have carried the market’s growth and momentum,” said Jordan Rizzuto, chief investment officer at GammaRoad Capital Partners. He said that left the sector open to profit taking as rate concerns ticked up.
Dow climbs in New York, but gains may stall

Dow climbs in New York, but gains may stall

U.S. stocks climbed Tuesday. The Dow Jones Industrial Average added 154.87 points, or 0.30%, to close at 50,940.88. Tech names bounced and traders cited lower Middle East tensions. The S&P 500 was up 0.22%. The Nasdaq Composite edged down 0.03%. Numbers are from LSEG, via Reuters, and are delayed at least 15 minutes. The Dow is trying to stay positive after last week’s tech selloff rattled a market that had been driven by AI demand. The regular New York session was underway; the NYSE core hours are 9:30 a.m. to 4:00 p.m. Eastern. The next holiday for U.S. equity markets is Juneteenth on June 19.
U.S. Stocks Hit Records This Week — Why the S&P 500 and Nasdaq Rally Survived the Oil Shock

Dow Up While Nasdaq Dips; AI Rally Meets Inflation Data

Dow, S&P 500 edge up, Nasdaq slips in midday trade U.S. stocks were mixed late Tuesday morning. The Dow and S&P 500 held small gains, while the Nasdaq slipped after a rebound in artificial-intelligence shares and ahead of another inflation readout this week. Delayed LSEG data from Reuters showed the S&P 500 up 0.22% at 7,421.81, the Dow up 0.30% at 50,940.88, and the Nasdaq down 0.03% at 25,921.29. Wall Street is looking to recover after tech stocks dropped hard late last week. Now investors are waiting for May’s Consumer Price Index from the Labor Department, expected at 8:30 a.m. EDT Wednesday.
Chip Rally Breaks as Nasdaq Faces Tight Labor Market

Nasdaq rises after hours as chips recover

Most U.S. stocks finished up on Monday, with little change in post-market trading. Chip stocks rallied, helping the Nasdaq recover some of its losses from Friday, while the Dow lagged. The Nasdaq Composite jumped 220.23 points, or 0.86%, to 25,929.66. The S&P 500 gained 21.99 points, up 0.30% at 7,405.73. But the Dow Jones Industrial Average lost 80.77 points, a drop of 0.16% to 50,786.01. The Philadelphia SE Semiconductor Index climbed 5.6%. S&P 500 tech shares rose 1.5%.
Broadcom Stock Rebounds, AI Remains an Open Question for Wall Street

Broadcom Stock Rebounds, AI Remains an Open Question for Wall Street

Broadcom shares climbed Monday as investors picked up chip stocks after Friday’s sharp drop. The move helped the stock recover some ground from last week’s heavy post-earnings fall. Broadcom shares were last at $396.60, climbing 2.8%. They traded between $385.62 and $403.08 intraday. The iShares Semiconductor ETF added 5.8%. The QQQ, which tracks the Nasdaq, was up 1.6%.
Wall Street Volatility Index Jumps as Chip Stocks Swing

Wall Street Volatility Index Jumps as Chip Stocks Swing

Wall Street’s main volatility index dropped on Monday, with chip stocks rebounding after falling hard in the previous session. The move came as traders returned to the sector following a quick selloff that shook a market set up for nearly flawless trading. VIX dropped 12.04% to 18.92 late Monday, according to Cboe. The gauge, tracking S&P 500 volatility for the coming month through options prices, had finished at 21.51 Friday and started the session at 20.29.
Nasdaq rises as AI names find support after market selloff

Nasdaq rises as AI names find support after market selloff

Nasdaq leads gains as chip stocks bounce; Dow flat U.S. equities ended in the green Monday after buyers returned to technology and chip stocks. Nasdaq Composite led with a 1.27% gain, closing up 329.47 points at 26,036.94. The S&P 500 rose 47.67 points, or 0.63%, to 7,430.49. The Dow posted a small advance, up just 6.62 points, or 0.01%, to 50,871.37. The Philadelphia SE Semiconductor Index added 6.2%. “A little bit of bargain hunting,” said Rick Meckler, partner at Cherry Lane Investments. AI and chip stocks led Friday’s drop, setting back the market’s leaders. All three major indexes tumbled, with the Nasdaq posting its heaviest daily percentage drop since April 2025. The S&P 500 ended a nine-week Friday winning streak after nonfarm payrolls blew past forecasts.
ASML Sets New European Valuation Record; Broadcom Shows Risks in AI

ASML Sets New European Valuation Record; Broadcom Shows Risks in AI

ASML Holding NV set a new market value record in Europe last week, and its U.S.-listed shares kept rising Monday. Investors are betting the Dutch chip-equipment company can supply more machines that make the most advanced artificial-intelligence chips. ASML shares changed hands at $1,758.53 in New York Monday afternoon, up 7.1% from the last close for a market cap near $691.8 billion. Broadcom was up 2.7% to $396.04, putting its value at $1.93 trillion. Broadcom’s results had shaken up the AI trade last week.
Dow Futures Edge Lower as Nasdaq Recovers; AI Selloff Gets a Test Today

Dow Futures Edge Lower as Nasdaq Recovers; AI Selloff Gets a Test Today

Dow futures fell in early trading Monday while Nasdaq 100 futures gained, as chip stocks rallied but oil prices rose again and rate-hike odds climbed, leaving U.S. stock futures mixed. Dow Jones futures slipped 91 points, or 0.18%, to 50,845 just after 5:30 a.m. EDT. S&P 500 futures were up 22.75 points, or 0.31%, at 7,423.25. Nasdaq 100 futures led with a 199.25-point gain, or 0.69%, to 29,225.75. Futures contracts move before the opening bell and can signal how stocks might open.
Broadcom Faces Key Stretch After AI Revenue Guide Misses Target

Broadcom Faces Key Stretch After AI Revenue Guide Misses Target

Broadcom Inc. stock faced more selling pressure going into the week, after tumbling nearly 20% over the last two sessions. The drop fueled a wider retreat that extended the chip slump to the rest of the market. Broadcom’s Nasdaq shares finished Friday at $385.73, dropping from $479.23 Wednesday and $459.97 at Monday’s close, LSEG data from Broadcom show. U.S. stock exchanges are open Monday through Friday, so Friday marks the final regular session before markets reopen Monday.
Market Shock: $1.3 Trillion Chip Selloff Fuels New Bear Concerns

Market Shock: $1.3 Trillion Chip Selloff Fuels New Bear Concerns

Stocks aren’t in a bear market right now, but Friday’s drop pushed some traders to ask if one could be next. Cash equity markets are closed for the weekend. Investors are looking at the week ahead and trying to decide if the AI-driven rally just paused or if it’s starting to break down. The NYSE and Nasdaq open Monday through Friday, 9:30 a.m. to 4:00 p.m. Eastern. Wall Street's streak broke after nine weeks, when a stronger-than-expected U.S. jobs report cooled bets on a dovish Fed and pressure came down hard on crowded positions. On Friday, the S&P 500 fell 2.64%, Nasdaq Composite slid 4.18%, and the Dow Jones lost 1.35%, according to Reuters.
Chip Rally Breaks as Nasdaq Faces Tight Labor Market

Nasdaq Drops 4% as AI Trade Faces Test

Stocks in the U.S. dropped hard Friday, with the Nasdaq Composite down 4.18% after an AI rout and Treasury yields climbing on a strong jobs number. The S&P 500 lost 2.64%, which broke its nine-week win streak. Dow Jones fell 695 points, or 1.35%. AI, chip and data-center stocks took a hit after the move rattled the market’s core. Investors this year have chased names in those sectors, often paying up. On Friday the tide shifted fast, with bond yields up and earnings guidance leaving little to debate.
AI Selloff Cuts $1.3 Trillion, Goldman Says Room Left in Trade

AI Selloff Cuts $1.3 Trillion, Goldman Says Room Left in Trade

Tech stocks slumped Friday, cutting roughly $1.3 trillion from U.S. chipmakers and snapping the S&P 500’s nine-week streak. The rout struck at the core artificial intelligence trade of 2026. Still, Goldman Sachs and Barclays called the drop a stress test, saying it may not be a lasting trend shift. Jobs numbers came in better, with the Fed set to meet in less than two weeks and AI stocks pulling in fast money. Kevin Warsh, who took over as Fed chair on May 22, is heading the Fed's June 16-17 policy meeting, according to the Fed calendar.

Stock Market Today

  • Proteomics International (ASX: PIQ) Soars 28% on Friday as Investors React to Regulatory and Commercial Moves
    July 3, 2026, 12:16 AM EDT. Shares of Proteomics International Laboratories Ltd (ASX: PIQ) shot up 28.13% to AUD 0.20 on Friday after the company announced steps forward in its precision diagnostics and proteomics technology platform. The move comes as PIQ works on expanding its commercial footprint, securing regulatory clearances, and building up globally. The company said it's working to grow product adoption through new partnerships and continued research. Main push comes from recent regulatory progress, wider distribution, and more money going into new projects. But the company still faces regulatory risk, rivals, funding questions, and tough broader markets as a small-cap. Investors are tracking news on commercial deals and the next round of regulatory news that could move the stock again.
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