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NASDAQ:ZNGA 23 June 2026

Big VCs Back Fomo’s Crypto Trading App With $75M Round

Big VCs Back Fomo’s Crypto Trading App With $75M Round

Fomo raised $75 million in Series B funding led by Index Ventures at a $550 million valuation as crypto venture funding slumps, with over 625,000 users and $4 billion in trading volume since launch; the company aims to simplify on-chain trading and expand into equities and prediction markets, but faces risks from social trading and leveraged products.
23 June 2026
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Stock Market Today

  • Alphabet Shares Plunge 5% on AI Talent Exodus and Market Concerns
    June 23, 2026, 5:39 AM EDT. Shares of Alphabet, Google's parent company, plunged 5% in their worst decline in over a year amid escalating concerns about artificial intelligence (AI) developments and high-profile researcher departures. Notably, Noam Shazeer, VP of engineering and co-lead of Google's Gemini AI models, left for OpenAI, while DeepMind's John Jumper, a Nobel laureate and AlphaFold co-creator, joined Anthropic. The selloff followed comments from Microsoft CEO Satya Nadella describing the AI market as commoditized, raising investor doubts about Alphabet's heavy AI investments-totaling $141 billion raised since October-and their potential to yield a competitive edge. Additionally, Google faced service outages on Gmail and YouTube during the trading day.

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Big VCs Back Fomo’s Crypto Trading App With $75M Round

Big VCs Back Fomo’s Crypto Trading App With $75M Round

23 June 2026
Fomo raised $75 million in Series B funding led by Index Ventures at a $550 million valuation as crypto venture funding slumps, with over 625,000 users and $4 billion in trading volume since launch; the company aims to simplify on-chain trading and expand into equities and prediction markets, but faces risks from social trading and leveraged products.
Intel (NASDAQ: INTC) Gets an Apple Premium, Math Shows Little Room Left

Intel’s $700 Billion Surge Pauses on Premarket Drop

23 June 2026
Intel tumbled about 8% in Tuesday premarket trading after closing Monday up 5.19% at $140.94, as investors reassessed AI-driven gains and rate risks; Mizuho raised its price target to $135 but kept a Neutral rating, with analysts warning Intel’s rally may have outpaced confirmed business from Apple and Google.
Super Micro’s Rally on Nvidia Hopes Faces Early Test

Super Micro’s Rally on Nvidia Hopes Faces Early Test

23 June 2026
Super Micro fell 6.3% to $33.22 in premarket trading after a 15.66% rally, as investors weighed a new Nvidia-based AI server launch and a GF Securities upgrade against risks from a $7 billion financing plan and $39 billion in non-binding AI server orders that could be canceled or delayed, all amid falling Nasdaq futures and rate hike fears.
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