Dow gains with Home Depot, 3M out front; Alphabet to enter index
Dow moves up Wednesday with Home Depot and 3M leading. Tech selling slowed, and weaker oil prices eased some pressure on U.S. stocks.
Trump Eyes $17.5 Billion Nuclear Push as AI Energy Demand Jumps
U.S. to Offer $17.5 Billion in Loans for Nuclear Reactors, Energy Dept. Says The Trump administration said Tuesday it's putting up $17.5 billion in conditional loans to boost orders for 10 big nuclear reactors, aiming to revive U.S. nuclear construction as AI and data centers add pressure to the power grid. The Energy Department said the funding would back up to five projects, each using two Westinghouse AP1000 reactors.
Nasdaq Drops After Hours as AI Stocks and Chip Names Fall
US stocks fell on Tuesday, with the Nasdaq and S&P 500 both closing at their lowest in more than a week after chip stocks tumbled. The moves ended the relative calm that followed last week’s Middle East de-escalation. According to MarketWatch, the Nasdaq Composite dropped 2.00%, the S&P 500 lost 1.31%, and the Dow Jones Industrial Average slipped 0.04%.
Dow Edges Past Tech Rout After Trading Ends
Dow ends near flat line Tuesday, holding up better than the wider market as losses in chip names and big tech pressured the S&P 500 and Nasdaq. Early close numbers show the Dow off 0.08% at 51,670.82. The S&P 500 dropped 1.42% to 7,366.87, and the Nasdaq Composite slid 2.04% to 25,632.46.
Backblaze (NASDAQ:BLZE) Jumps After CoreWeave AI Storage Deal Worth $335 Million
Backblaze Inc. stock jumped in busy trade Tuesday after the cloud-storage firm announced a $335 million storage deal with CoreWeave. The agreement offers investors a new AI infrastructure angle for a business still trading below $700 million in market value.
Dow Stays Flat While Nasdaq Sinks on AI Selloff
Dow flat near 51,700 as AI stocks drop hit Nasdaq, S&P 500 harder The Dow Jones Industrial Average was mostly steady late Tuesday morning, last at 51,703.51, down 9.20 points, according to Reuters. The Dow traded in a narrow band of 51,301.77 to 51,809.84, holding up better than the Nasdaq and S&P 500 as selling in technology names tied to artificial intelligence dragged on the broader market.
Nasdaq 100 Slides, Tech Stocks Wipe Out $1 Trillion
Nasdaq 100 was set to lose over $1 trillion in market value Tuesday, with tech stock selling moving from megacaps into chip and memory names, tightening the pressure ahead of the New York open. SpaceX shares slipped too, falling below the $2 trillion mark for the first time since its U.S. debut, Reuters said.
Microsoft (NASDAQ:MSFT) Faces Questions on AI After Attempted Rebound
Microsoft shares traded higher before the bell Tuesday, taking back some ground after dropping sharply Monday. Investors looked at the news of a new West Texas data center as AI tech stocks fell across the board.
Google’s $225 Billion AI Talent Blow: New York, June 23 Snapshot
Alphabet took a $225 billion hit in market value Monday, the biggest drop in a single session for the company. Shares dropped 5%, their largest fall since May 2025, after two leading Google AI researchers left for OpenAI and Anthropic, according to the Wall Street Journal, which referenced Dow Jones Market Data.
Nasdaq Futures Drop Ahead of Open as Debt Concerns Hit AI Stocks
Tech names weighed on Wall Street futures early Tuesday as contracts pointed lower before the open. Investors pulled back from artificial intelligence trades while worries about a hawkish Fed path added pressure. Futures trade ahead of the main session and offer a view on where indexes may open.
OpenAI pushes $100 billion ChatGPT ad push into key spot in IPO pitch
OpenAI plans to roll out ChatGPT ads in Brazil and Mexico in the coming weeks, with India next, the company said. Advertising lead David Dugan told reporters at Cannes Lions on Monday that ad revenue would help pay for and expand information access. The move is part of OpenAI’s pitch to investors ahead of a possible U.S. market listing.
Nasdaq slips in after-hours as AI stocks drop, Dow stays positive
U.S. index ETFs were little changed in after-hours trading Monday. The Invesco QQQ Trust slipped 0.28% and the SPDR S&P 500 ETF dipped 0.11% just before 8 p.m. New York time. Dow ETF DIA inched up 0.02%. That kept the regular session’s pattern: blue chips up, growth weaker.
Alphabet rout dents Nasdaq, oil slide gives Dow a lift
Alphabet weighed on U.S. stocks Monday, sending indexes in different directions. The S&P 500 slipped 0.48% to 7,464.36 and the Nasdaq Composite fell 1.41% to 26,143.95. The Dow Jones Industrial Average managed a 0.12% gain to 51,628.79, according to LSEG data on Reuters.
Dow Jones (.DJI) Gains as Alphabet Drags on Nasdaq
Dow Jones Industrial Average finished up on Monday, outperforming the S&P 500 and Nasdaq as traders moved into industrials and banks and took profits in Alphabet and other big tech stocks. The Dow added 145.10 points to end at 51,709.80 after the closing bell. It was the index's first full day of trading since the Juneteenth market holiday on Friday.
SMH ETF flows point to AI chip trade moving away from Nvidia
The VanEck Semiconductor ETF saw nearly $7 billion pour in on Monday, the biggest sign yet of investors looking beyond just Nvidia and into a basket of chip suppliers. That flow is making its mark. Semiconductor stocks climbed on the day, while the big tech names dragged the Nasdaq lower.
Alphabet Faces Pressure as Google Stock Drops on $85 Billion Share Sale and AI Talent Outflows
Alphabet Class A shares dropped in late morning Nasdaq trade Monday after Citizens gave new support to the stock. Investors focused on Google’s losses in AI staff and the cost of its data-center expansion. Shares changed hands at $347.53, off $20.50.
Dow Jones Industrial Average (.DJI) rises as Caterpillar, Visa lift blue chips while Nasdaq slips
The Dow Jones Industrial Average rose on Monday morning, beating the broader S&P 500 and the technology-heavy Nasdaq Composite, as industrial and financial shares did more of the work than the headline index move suggested. LSEG data on Reuters showed the Dow up 214.78 points, or 0.42%, at 51,779.48, while the S&P 500 was up 0.11% and the Nasdaq was down 0.40%; the figures were delayed by at least 15 minutes.
AI Draws Trader Interest as Iran Risk Premium Falls
Oil slid on Monday as progress in U.S.-Iran talks hit prices, but AI stocks stayed strong with fresh money coming in. U.S. stock futures turned higher after early losses, with investors watching for signs out of Tehran and Washington, according to Investing.com. Brent crude traded close to $80 a barrel after Iran said it got waivers for oil and petrochemical exports, easing concerns about supply, Reuters reported. President Donald Trump also took a less tough line on Anthropic.
Pelosi family positions in AI, Big Tech grab attention after new trades
Pelos family filings show they continue to hold major positions in leading U.S. tech and AI infrastructure stocks, despite selling a large amount of Apple, Nvidia and Amazon back in December. The House filings show these holdings are listed as spouse-owned, not owned directly by Nancy Pelosi.
Alphabet Finishes Up in Short Week After Google Sees Two AI Heads Exit
Alphabet is losing another big name in AI as the company heads into the long weekend. John Jumper, the Nobel-winning scientist who helped create AlphaFold, said Friday he’s leaving Google DeepMind after nearly nine years and will join Anthropic.