Today: 9 June 2026
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NASDAQ:QCOM 22 May 2026 - 9 June 2026

U.S. Stocks Pull Back as Oil Prices Weigh, Fed Concerns Simmer

U.S. Stocks Pull Back as Oil Prices Weigh, Fed Concerns Simmer

U.S. stocks fell from record highs as renewed U.S.-Iran fighting pushed oil prices up and revived inflation fears, with the Dow dropping 581.84 points and the S&P 500 losing 0.74%; traders now price in over a 40% chance of a Fed rate hike by December, up from 9.1% a month ago, as rising yields and Middle East risks threaten margins and delay Fed easing.
3 June 2026
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QQQM’s $835 Million AI Wave Meets a Zscaler Reality Check

QQQM’s $835 Million AI Wave Meets a Zscaler Reality Check

Invesco’s QQQM rose 0.2% to $306.54 after $835.44 million in five-day net inflows, driven by investor demand for AI-linked giants like Nvidia, Apple, and Microsoft, even as Zscaler plunged 8.9% on weak guidance, highlighting ongoing volatility and risk in concentrated growth funds.
2 June 2026
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Arm Ramps Up $15 Billion AI Chip Push Ahead of Schedule

Arm Ramps Up $15 Billion AI Chip Push Ahead of Schedule

Arm CEO says AI data-center CPU demand is outpacing forecasts, with ByteDance and Oracle as customers. Shares hit an all-time high, jumping 15.73% to $408.85 after Nvidia launched an Arm-based PC chip. Arm could reach its $15 billion AI chip revenue goal sooner than expected, with customer demand for AGI CPUs over 2027-2028 topping $2 billion, more than double March launch figures. Supply limits and export controls remain risks.
2 June 2026
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Dow Inches Up After Hours; Nvidia’s AI Move Keeps Wall Street Near Highs

Dow Inches Up After Hours; Nvidia’s AI Move Keeps Wall Street Near Highs

Dow closes up 44.70 points to 51,076.85 as Nvidia’s RTX Spark chip news lifts tech stocks; S&P 500 and Nasdaq also rise. Oil prices jump to $94.98 on renewed U.S.-Iran tensions, capping broader gains. Factory activity grows for a fifth month, complicating Fed rate outlook. Market breadth remains narrow, with most advances in tech and AI. Investors await Friday’s jobs report and the Fed’s June meeting.
1 June 2026
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Stocks Hit Records as Oil Stirs Worry

Stocks Hit Records as Oil Stirs Worry

Nvidia surged 5.9% after unveiling a new AI PC chip with Microsoft, lifting the S&P 500 up 0.43% and Nasdaq 0.68% to near record highs. Tech and energy led gains as Brent crude jumped 4.25% to $94.99, pressuring airlines and capping broader advances. Market breadth stayed weak, with more NYSE stocks falling than rising. Investors await Broadcom’s results and Friday’s jobs data for AI and growth signals.
1 June 2026
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Dow Falls as Nvidia Gains; AI Trade Goes Up Against Rising Oil

Dow Falls as Nvidia Gains; AI Trade Goes Up Against Rising Oil

Nvidia surged 4.34% after launching a new AI PC chip with Microsoft, while Qualcomm dropped nearly 7%. Dow fell 0.22%, S&P 500 flat, Nasdaq up 0.01%. Brent crude jumped 6.11% to $96.69 on Iran-linked risks. United Airlines slid 4.61%, Exxon rose 2.78%. Berkshire Hathaway agreed to buy Taylor Morrison Home for $6.8 billion; shares soared 22.43%. U.S. manufacturing PMI hit a two-year high.
1 June 2026
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Dow Jones Gives Up Gains As AI Rally Hits Oil Price Jolt

Dow Jones Gives Up Gains As AI Rally Hits Oil Price Jolt

Dow drops 0.22% to 50,920.76 after last week’s record, as delayed LSEG data and inflation worries weigh. S&P 500 flat, Nasdaq up 0.01%. Nvidia jumps 4% on new AI chip launch with Microsoft, boosting tech. Most S&P 500 sectors fall; consumer discretionary drops 2%. U.S. manufacturing PMI hits four-year high at 54.0, stoking inflation fears. Brent crude surges 6.11% to $96.69. Investors eye jobs data and Broadcom results this week.
1 June 2026
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ByteDance AI chip effort may open Qualcomm to new markets outside smartphones

ByteDance AI chip effort may open Qualcomm to new markets outside smartphones

ByteDance is developing custom AI chips and CPUs for its data centers and has reportedly agreed to buy millions of Qualcomm’s ASICs, Bloomberg reported. The company is working on Arm and RISC-V architectures and has contacted outside partners for chip design and manufacturing, according to Reuters. Qualcomm shares rose 2.1% after the news. ByteDance faces higher CPU prices from Intel and AMD and long lead times.
29 May 2026
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Dow Jones Falls as Bond Yields Signal Trouble for Bulls

Dow Jones Closes at Record as Oil Sinks; AI Stocks Pause

The Dow Jones Industrial Average closed at a record 50,650.76, up 189.08 points, driven by gains in healthcare and consumer stocks as tech shares slipped. Oil prices fell sharply, with Brent crude down 4.6% to $92.25 a barrel. Airlines and cruise lines rose on lower fuel costs. The S&P 500 and Nasdaq posted only slight gains, while chip stocks retreated.
27 May 2026
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Dow Hits Record Close As Wall Street’s AI Rally Loses Its Easy Money Feel

Dow Hits Record Close As Wall Street’s AI Rally Loses Its Easy Money Feel

The Dow Jones closed at a record 50,650.76, up 0.37%, as healthcare and consumer stocks gained. The S&P 500 and Nasdaq ended nearly flat after Tuesday’s AI-driven surge. Chipmakers including Nvidia and Intel fell, while energy stocks dropped with Brent crude down 4.6%. Investors await Thursday’s U.S. inflation data for signals on rates.
27 May 2026
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S&P 500, Nasdaq post record closes as AI stocks drive after-hours action

S&P 500, Nasdaq post record closes as AI stocks drive after-hours action

The S&P 500 and Nasdaq closed at record highs Tuesday, with the S&P up 0.61% and the Nasdaq rising 1.19%, while the Dow slipped 0.23%. Micron briefly topped $1 trillion in value after UBS raised its price target. Qualcomm surged nearly 5% on a reported chip deal with ByteDance. Zscaler fell 15% after hours on weak revenue guidance.
27 May 2026
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Dow Jones Today: Blue Chips Miss Tech Slide After Hours

Dow Falls as AI Stocks Rally After the Bell

The Dow Jones Industrial Average fell 173.90 points to 50,405.80 Tuesday, while the S&P 500 rose 0.57% and the Nasdaq gained 1.05% as AI chip stocks surged. Micron briefly hit a $1 trillion valuation after UBS raised its price target, and the Philadelphia semiconductor index jumped 5%. Oil prices dropped, with U.S. crude closing at $93.89. The 10-year Treasury yield slipped to about 4.5%.
26 May 2026
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Qualcomm Sale by Congresswoman Puts Spotlight on AI Rally

Qualcomm Sale by Congresswoman Puts Spotlight on AI Rally

Rep. Sara Jacobs disclosed two Qualcomm stock sales totaling up to $2 million from a family trust, according to a House filing signed May 20. The transactions occurred May 6 and 7, just before Qualcomm shares jumped nearly 5% on news of an AI chip deal with ByteDance. The filing does not specify share counts, prices, or the reason for the sales. Jacobs’s grandfather co-founded Qualcomm.
26 May 2026
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Qualcomm Shares Surge 13% After Stellantis Deal Announced

Qualcomm gains after Stellantis AI deal while holiday rally sets up next week’s test

Qualcomm shares jumped 11.6% Friday to $238.16, capping an 18.2% weekly gain after Stellantis announced an expanded deal to use Qualcomm’s Snapdragon Digital Chassis in vehicles. Trading volume hit 30.38 million shares. U.S. markets will close Monday for Memorial Day. Qualcomm’s latest quarter showed handset revenue down 13%, but automotive revenue up 38% to $1.33 billion.
24 May 2026
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Dow Sets New Record While Inflation Stays in View

Dow Sets New Record While Inflation Stays in View

The Dow Jones Industrial Average closed at a record 50,579.70 on Friday, rising 0.6% as investors responded to progress in U.S.-Iran talks and strong earnings. The S&P 500 marked its eighth straight weekly gain. Dell surged 17% and HP 15% after Lenovo’s earnings, while Nvidia slipped 1.9%. U.S. consumer sentiment fell to a record low in May, according to the University of Michigan survey.
23 May 2026
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Dow Sets New Record as Wall Street Looks Ahead to Next Challenge

Dow Sets New Record as Wall Street Looks Ahead to Next Challenge

The Dow Jones Industrial Average closed up 428.65 points, or 0.86%, at a record 50,714.31 on Friday, as delayed quotes showed gains across major indexes. Semiconductor and PC stocks surged, with Dell up 16% and Qualcomm up 12%. Bond yields eased, with the 10-year Treasury yield falling to 4.558%. Investors cited optimism over U.S.-Iran talks and strong corporate earnings.
22 May 2026
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Stock Market Today

  • Marvell Technology Joins S&P 500 on June 22: What Investors Should Know
    June 8, 2026, 10:04 PM EDT. Marvell Technology (MRVL) will join the S&P 500 index on June 22 after meeting key criteria including U.S. domicile, strong liquidity, and positive earnings over recent quarters. With a market capitalization of $248 billion, it ranks well above the $22.7 billion threshold. Inclusion in the S&P 500 triggers index rebalancing, prompting automatic buying from funds tracking the benchmark. Marvell's stock has surged 210% in 2024, boosted by AI sector momentum and endorsement from Nvidia's CEO. Investors should be cautious of volatility around inclusion and consider dollar-cost averaging rather than timing purchases around the rebalance.

Latest articles

Chip Rally Breaks as Nasdaq Faces Tight Labor Market

Nasdaq rises after hours as chips recover

9 June 2026
Nasdaq jumped 0.86% as chip stocks rebounded, with Intel soaring 11.2% on news Google ordered over 3 million AI chips for 2028, while Apple slid 1.9% after unveiling new AI features. Investors await Wednesday’s May CPI inflation report, which could spark volatility in tech and growth stocks.
Broadcom Stock Rebounds, AI Remains an Open Question for Wall Street

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

9 June 2026
Broadcom shares jumped 2.8% to $396.60 as chip stocks rebounded after last week’s $1 trillion sector wipeout, but investors remain cautious after Broadcom’s Q2 revenue missed expectations and the company declined to raise its 2027 AI revenue forecast, fueling concerns that rapid AI growth may not meet Wall Street’s high demands.
BitMine Stock Gains as Ether Holdings Approach 5% Target

BitMine Stock Gains as Ether Holdings Approach 5% Target

9 June 2026
BitMine Immersion Technologies shares jumped 6% after revealing ether holdings climbed to 5.54 million tokens, now 4.59% of Ethereum’s supply, with $9.6 billion in crypto, cash and stakes. The company priced a $273.8 million preferred stock offering, with proceeds possibly funding more ETH purchases and staking. BitMine projects $230 million in annualized staking revenues but warns of risks if ETH or financing falters.
Mingteng Stock Jumps 81% After Halting $100M Share Sale Plan

Mingteng Stock Jumps 81% After Halting $100M Share Sale Plan

9 June 2026
Mingteng International shares soared 81.3% to $1.94 after the company ended its at-the-market stock sale plan, having raised about $20.6 million in gross proceeds; trading volume hit 24.2 million, dwarfing its $12 million market value, as the move outpaced gains in other U.S.-listed China auto stocks.
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