Marvell Technology (NASDAQ:MRVL) Rises Over Week Even After 7% Friday Drop

Marvell closed Friday at $194.23, dropping 7.21%. Based on its disclosed share count, the decline wiped out about $13.2 billion in market capitalization.

Semiconductor Stocks Drop as Korea’s $576 Billion Plan Rattles AI Supply Outlook

Semiconductor Stocks Drop as Korea’s $576 Billion Plan Rattles AI Supply Outlook

U.S. chip stocks dropped hard Monday, with the Philadelphia semiconductor index sliding 3.6% in late-morning deals as Micron Technology, Sandisk, and SK Hynix paced the losses. Oil prices moved higher on renewed U.S.-Iran fighting, spurring a wider risk-off move. “The conflict is testing whether the stock market’s broad-based growth can hold,” said Alex Guiliano, chief investment officer at Resonate Wealth Partners.
Dow ends higher; Nasdaq drifts as AI stocks slip, oil falls

Dow ends higher; Nasdaq drifts as AI stocks slip, oil falls

Dow climbs 184 points, S&P 500 inches lower, Nasdaq drops The Dow Jones Industrial Average added 184.03 points, or 0.36%, to finish at 51,850.87 on Wednesday. The S&P 500 slipped 6.97 points, or 0.09%, to 7,358.49. The Nasdaq Composite fell 110.40 points, or 0.43%, settling at 25,476.64.
Nasdaq Drops After Hours as AI Stocks and Chip Names Fall

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 Jones (.DJI) Gains as Alphabet Drags on Nasdaq

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.
Korea Slides 10%, Nasdaq Futures Down 2.7% as Chip Stocks Sink Worldwide

Korea Slides 10%, Nasdaq Futures Down 2.7% as Chip Stocks Sink Worldwide

Semiconductor stocks around the world fell sharply Tuesday, with South Korea’s KOSPI down 9.99%. Chipmakers in Europe dropped too, and Nasdaq 100 futures shed 2.7% ahead of the Wall Street open. “Former generals … appear to have lost momentum,” said Chris Weston, head of research at Pepperstone.
Nasdaq Futures Drop Ahead of Open as Debt Concerns Hit AI Stocks

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.