Today: 28 June 2026
Browse Category

NASDAQ:ON 13 January 2026 - 27 June 2026

US futures edge lower ahead of Russell index reshuffle as chip stocks see selling

US stocks: After-hours chips slump overshadows gains ahead of jobs data

PHLX chip index plunged 5.3% Friday and 7.9% for the week as surging memory costs hit device makers like Apple, driving $20 billion in tech fund outflows and raising inflation fears, while S&P 500 advancers outnumbered decliners and after-hours trading showed no clear tech rebound.
Tech fund outflows hit US stocks after hours as AI trade momentum cools

Tech fund outflows hit US stocks after hours as AI trade momentum cools

Tech sector funds saw nearly $20 billion in weekly outflows, reversing last week’s record inflow, as the Nasdaq 100 slid 1.09% and chip stocks tumbled, with the PHLX semiconductor index down over 4% for its biggest weekly drop since March, raising fresh concerns for investors in large tech and chip names.
US stocks mixed, Micron AI memory rally can’t lift Nasdaq

US stocks: Wall Street splits as chips drop but megacap platforms hold indexes

iShares Semiconductor ETF (SOXX) plunged 4.67% while S&P 500 was nearly flat, as chipmakers like Nvidia, Micron, and AMD fell sharply amid concerns over memory supply costs and inflation, with Micron dropping 4.17% after a previous surge and ON Semiconductor tumbling 20.97% on a $7 billion Synaptics acquisition.
US futures edge lower ahead of Russell index reshuffle as chip stocks see selling

US futures edge lower ahead of Russell index reshuffle as chip stocks see selling

Russell index reconstitution triggers nearly $150 billion in expected forced trades after Friday’s close, with 62 companies joining the Russell 1000 and 237 joining the Russell 2000, potentially driving major end-of-day volatility as funds reset benchmark exposure, Reuters reports.
Why ON Semiconductor’s $103 Stock Faces a Hard Earnings Test on Monday

Why ON Semiconductor’s $103 Stock Faces a Hard Earnings Test on Monday

ON Semiconductor will report first-quarter earnings after markets close Monday, with analysts expecting 61 cents per share on $1.49 billion in revenue. Shares closed at $103.03 Friday, up 2.2%, far above the average analyst target of $67.15. Investors are focused on signs of recovery in auto and industrial chip demand. The company’s market value stands at about $42 billion.
ON Semiconductor Stock Hits 52-Week High Before May 4 Earnings: Why ON Shares Are in Focus

ON Semiconductor Stock Hits 52-Week High Before May 4 Earnings: Why ON Shares Are in Focus

ON Semiconductor shares closed at a 52-week high of $103.03 on May 1, up 2.2% ahead of first-quarter earnings due May 4. The stock’s rise follows new electric-vehicle partnerships with Geely and NIO, spotlighting its silicon-carbide power chips. Analysts expect adjusted earnings of about $0.62 a share on $1.49 billion revenue. Trading volume exceeded the 50-day average.
ON Semiconductor Stock Jumps as Geely and NIO Deals Put 900V EV Chips in Focus

ON Semiconductor Stock Jumps as Geely and NIO Deals Put 900V EV Chips in Focus

ON Semiconductor shares jumped 8% Wednesday after announcing expanded silicon carbide chip deals with Geely Auto Group and NIO Inc., both focused on 900-volt electric vehicle platforms. The company’s market value reached about $41.2 billion ahead of first-quarter results due May 4. Investors are watching whether new auto-chip wins can offset uneven demand.
ON Semiconductor stock heads into week ahead with Feb. 9 earnings date now the next big test

ON Semiconductor stock heads into week ahead with Feb. 9 earnings date now the next big test

ON Semiconductor shares fell 1.7% to $61.98 Friday, closing about 6% below their 52-week high. The company will report fourth-quarter and full-year results after markets close Feb. 9, with a call at 5 p.m. ET. The PHLX Semiconductor Index dropped 1.21% to 7,957.93. The Federal Reserve’s rate decision on Jan. 28 is seen as a near-term risk for chip stocks.
Why Navitas Semiconductor (NVTS) stock is down today — and what traders watch next

Why Navitas Semiconductor (NVTS) stock is down today — and what traders watch next

Navitas Semiconductor fell 10% to $10.15 Friday afternoon, reversing Thursday’s rally as chip stocks dropped after Intel’s 18% plunge on weak guidance. Trading volume in Navitas hit 24 million shares by mid-afternoon. Wolfspeed, onsemi, and Monolithic Power Systems also declined. Investors are watching the Fed’s Jan. 27-28 meeting and upcoming tech earnings.
Texas Instruments stock slips late in session as CPI hits tape and Jan. 27 earnings loom

Texas Instruments stock slips late in session as CPI hits tape and Jan. 27 earnings loom

Texas Instruments shares fell 0.5% to $188.12 Tuesday, lagging the broader chip sector as investors weighed new U.S. inflation data and awaited the company’s Jan. 27 earnings report. The iShares Semiconductor ETF rose 0.9%, while rivals Analog Devices and ON Semiconductor posted gains. U.S. consumer prices rose 0.3% in December, with core inflation up 2.6% year-over-year.

Stock Market Today

  • SpaceX Shares Face $8 Billion Index Pressure as Stock Dips Post-IPO
    June 28, 2026, 2:18 PM EDT. SpaceX shares, listed under NASDAQ:SPCX, closed at $153.23, up 13.5% from its $135 IPO price but down 32% from the 52-week high. The stock faces significant demand from Russell and Nasdaq-100 index funds, with passive inflows potentially reaching $8.3 billion, about 8% of the trading float. This pressure comes amid a thin public float largely held by insiders, including Elon Musk. While the stock's inclusion in major indexes like Russell U.S. and Nasdaq-100 fuels buy-side demand, analysts caution overvaluation given SpaceX's $4.9 billion loss last year and high price-to-sales multiple near 107. The company is also raising capital via a $25 billion note sale, underscoring ongoing funding needs.

Latest articles

BlackBerry shares surge by $1.6 billion on QNX value, government business cools

BlackBerry shares surge by $1.6 billion on QNX value, government business cools

28 June 2026
BlackBerry soared 32.3% in two days to a four-and-a-half-year high as Secure Communications topped QNX in Q1 revenue and adjusted EBITDA, but the fiscal 2027 revenue midpoint rose just $10 million; shares closed Friday at $11.40, 14% above the average analyst target, with analysts and management signaling QNX growth will be gradual, not immediate.
AT&T shares dip as fiber build-out runs into legacy line disputes

AT&T (NYSE:T) gets cash bid after low spectrum spend, dividend date set for July

28 June 2026
AT&T jumped 3.2% to $22.72 since June 18 as investors cheered its minimal $120.77 million AWS-3 spectrum auction spend—just 0.7% of 2026 free cash flow—while rivals Verizon and T-Mobile spent billions; Friday’s trading volume hit 199% of average, and AT&T reaffirmed $18 billion-plus free cash flow and $8 billion in buybacks for 2026.
Keurig Dr Pepper moves on dividend talk as volume climbs before split trial

Keurig Dr Pepper moves on dividend talk as volume climbs before split trial

28 June 2026
Keurig Dr Pepper surged to $33.40 Friday with a 54.8 million share volume—428% of average—after going ex-dividend, outpacing peers as the S&P 500 fell; the spike, making up 45% of weekly trading, coincided with short interest at 5.16% of float and management changes, while KDP reaffirmed 2026 sales and earnings guidance.
Energy stocks this week: U.S. sector ETF holds flat as oil falls

Energy stocks this week: U.S. sector ETF holds flat as oil falls

28 June 2026
Brent crude plunged 10.86% last week as Hormuz flows improved, but the Energy Select Sector SPDR Fund (XLE) fell just 0.4%, signaling investors are no longer trading energy stocks in lockstep with oil prices; this divergence matters now as refiners benefit from tight diesel margins while oilfield services face risks from a Norway lockout and rising U.S. rigs.
Go toTop