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Stock Market 23 June 2026

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%. Chips are now where the pressure sits for the market. Investors have leaned on artificial-intelligence stocks for most of this year’s gains, so when those names get repriced, indexes react quickly. That’s even more the case as some traders bet on more Fed rate hikes.
Dow Edges Past Tech Rout After Trading Ends

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. The gap is relevant now because the Dow isn’t set up like the Nasdaq. S&P Dow Jones Indices calls the Dow a price-weighted index of 30 U.S. blue-chips, so stocks with higher prices sway the index more than those with lower prices, no matter the company’s market cap.
TSMC Drops 6%—Key Investor Trend Can’t Be Missed

TSMC Drops 6%—Key Investor Trend Can’t Be Missed

TSMC’s U.S. shares dropped almost 6% to $439.78 late Tuesday. Investors also slashed the premium for the shares in New York versus Taipei, closing the gap between the two listings. Each ADR is tied to five TSMC common shares. Based on Tuesday’s Taipei close at NT$2,490 and the NT$31.625 per dollar rate, the ADR finished about 11.7% higher than the shares in Taiwan. The gap was about 17.9% at Monday's U.S. close, so most of the U.S. drop Tuesday came from the shrinking premium.
23 June 2026
Apple stock price today: AAPL rises after tariff ruling as lawsuit, Apple TV sports deal come into focus

Apple (AAPL) Stock Outpaces Chip Selloff — Investors Face Less Obvious Margin Risks

Apple fell 0.4% to $295.79 in late trading Tuesday, holding up better than a 1.8% drop in the Nasdaq and the 7.6% slide in semiconductor names. The stock still changes hands at around 35.8 times trailing earnings. That kind of relative strength stands out as the company faces pressure across its main businesses. Apple faces pressure from two directions. Forty-eight Chinese developers filed a complaint about App Store commissions, as pricey memory keeps device costs high. Apple’s recent filing breaks out the margins: Services hit 76.7% gross in the March quarter, compared with 38.7% for products. The combination could be tough.
NVIDIA Stock Price Slides 3% Despite Amazon Chip Deal as Oil, Rate Fears Hit AI Trade

Nvidia Stock Drops as 362-Kilowatt Rack Puts Investor Risk in Focus

Nvidia shares dropped 3.6% to around $201.10 late Tuesday, pushing the chipmaker’s valuation under $5 trillion. A product detail from Monday is likely more important for investors though. Rolling out Nvidia’s next systems could hinge not just on processor demand but on power and cooling requirements. 362 kilowatts is the big figure here. Super Micro says its Nvidia Vera Rubin NVL4 liquid-cooled rack runs at that power level. With eight racks, power jumps to 3.2 megawatts, and the system design is able to scale up to a gigawatt. “The institutions that accelerate infrastructure deployment will lead the next generation of breakthroughs,” said Super Micro CEO Charles Liang.
Viking Therapeutics Stock Jumps as Obesity Drug Catalyst Nears

Viking Therapeutics Stock Jumps as Obesity Drug Catalyst Nears

Viking Therapeutics shares rose sharply in Tuesday afternoon trading, climbing 6.0% to $34.30 as investors moved back into the clinical-stage biotech ahead of expected updates on its lead obesity-drug program. The Nasdaq-listed stock traded as high as $35.90 after opening at $31.76, with volume above 5.1 million shares. The move mattered because Viking is no longer just an early obesity-drug story. Its lead candidate, VK2735, is in Phase 3 testing — late-stage trials generally used to support a regulatory filing — and the company has told investors it expects data from a maintenance-dosing study in the third quarter of 2026.
Marvell (MRVL) Enters S&P 500 as AI Trade Wobbles

Marvell (MRVL) Enters S&P 500 as AI Trade Wobbles

Marvell Technology fell roughly 10% Tuesday, wiping out gains for one of this year’s top AI chip names. The drop came just a day after Marvell joined the S&P 500. The stock traded at $276.82 in the afternoon, off $31.04 from where it closed Monday. Earlier, shares hit a low at $276.11. Around 29 million shares changed hands during the session. Market cap was near $247 billion.
Snap Falls as Meta Launches $299 Glasses, Challenging $2,195 Snap Specs

Snap Falls as Meta Launches $299 Glasses, Challenging $2,195 Snap Specs

Snap Inc. dropped roughly 3.8% to $4.46 Tuesday afternoon, with investors looking at the Snapchat parent’s expensive AR efforts while Meta Platforms stepped up competition and tech stocks struggled. Shares moved between $4.43 and $4.65. Snap’s market cap hovered close to $7.5 billion. Snap is under pressure as it tries to get Wall Street to see value in its Specs smart glasses, which cost $2,195. The company is pushing investors to look past its main ads business, but Meta and EssilorLuxottica have rolled out a new line of AI smart glasses with prices starting at $299.
Why Quantinuum Stock Is Surging After Trump’s Quantum Orders

Why Quantinuum Stock Is Surging After Trump’s Quantum Orders

Quantinuum Inc. shares jumped in afternoon trading on Tuesday as investors bought into quantum-computing names after Washington set a 2028 target for a powerful research-grade quantum computer and the newly public company added a fresh enterprise-computing tie-up. The stock was recently at $78.21, up $9.94 from its prior close, after trading as high as $81.09. That puts QNT about 30% above the $60 price in its June initial public offering, when a company first sells shares to the public.
Pfizer Shares Fall After Lung-Cancer Setback Hits $43 Billion Seagen Deal

Pfizer Shares Fall After Lung-Cancer Setback Hits $43 Billion Seagen Deal

Pfizer Inc. shares fell on Tuesday. The company said a key lung cancer drug from its Seagen unit didn’t hit the main endpoint in a late-stage study. That’s another setback for Pfizer as it tries to spark growth again after its COVID-era products. Pfizer shares slipped 0.8% to $24.89 in afternoon trading. The Health Care Select Sector SPDR ETF gained 1.3%. The SPDR S&P 500 ETF Trust dropped roughly 1%, and Pfizer lagged the health-care sector as the wider market also fell. Merck, which will have its Keytruda in Pfizer’s next trial of the drug, rose 2.9%.
Grab Stock Gets a July 1 Test as Indonesia Cuts Driver Fees

Grab Stock Gets a July 1 Test as Indonesia Cuts Driver Fees

Grab Holdings hovered near $3.48 in U.S. afternoon trading on Tuesday, caught between a weaker Nasdaq and a fresh Indonesia margin test for its ride-hailing business. The Nasdaq-listed shares were last little changed, with about 31.7 million shares traded and a market value near $13.8 billion. The immediate issue is simple, and not small. Grab and Indonesian rival GoTo will cut the commission, the fee an app keeps from each trip before the driver is paid, on two-wheeler rides in Indonesia to 8% from 20% from July 1, the companies said. GoTo vice president director Catherine Hindra Sutjahyo said the company backed efforts to improve driver prosperity.
Aditxt (NASDAQ:ADTX) Jumps 100% as SEC Filing Reveals New 10% Holder

Aditxt (NASDAQ:ADTX) Jumps 100% as SEC Filing Reveals New 10% Holder

Aditxt Inc. shares jumped more than 100% in heavy trading Tuesday after a new investor said it had taken a stake of over 10% in the Nasdaq-listed health-care stock. Shares traded up around 130% at $0.0442 in recent action, after swinging from $0.0185 to $0.0592 earlier. More than 3.2 billion shares had changed hands by early afternoon, a huge spike for such a volatile penny stock.
23 June 2026
Couche-Tard Jumps as Fuel Margins Drive Earnings Beat

Couche-Tard Jumps as Fuel Margins Drive Earnings Beat

Alimentation Couche-Tard Inc. shares surged Tuesday as the Circle K owner delivered a strong fourth quarter, with results boosted by wide fuel margins in a volatile oil market. The stock rose 11.5% to C$91.69 at 1:10 p.m. EDT in Toronto. Over the last five days, the gain went past 10%. Shares earlier reached C$92.60, hitting a 52-week high, according to Google Finance.
Maase Stock Soars 24%—SEC Filing Sheds Light on Chaotic Details

Maase Stock Soars 24%—SEC Filing Sheds Light on Chaotic Details

Maase Inc jumped about 24% in recent Nasdaq trade Tuesday, bucking tech sector weakness. The China-based company put out interim numbers showing its pivot to AI computing, energy infrastructure, and smart hardware, which gave investors a new peek at progress. The stock was last seen at $22.16, up $4.31 on the day, after hitting $24.35 earlier. Volume came in around 443,000 shares.
23 June 2026
Tesla (NASDAQ:TSLA) shares fall after U.S. crash probe and hit to Europe sales

Tesla (NASDAQ:TSLA) shares fall after U.S. crash probe and hit to Europe sales

Tesla shares fell around 5% by midday Tuesday. A new U.S. safety probe and a slide in big tech stocks cut into the positive impact from the company’s rebound in European sales. Shares opened at $392.15, then traded at $384.63, after hitting an intraday low of $382.10. Tesla’s price-to-earnings ratio stood at about 353, using trailing earnings. Tesla’s delivery numbers are due in less than two weeks, so this matters to investors. Deliveries—cars that go to customers—will be the next clear check on whether demand is rebounding fast enough to keep up the stock’s high valuation.
Plug Power (NASDAQ:PLUG) Shares Slip Again as Next Cash Challenge Draws Focus

Plug Power (NASDAQ:PLUG) Shares Slip Again as Next Cash Challenge Draws Focus

Plug Power Inc. stock was little changed Tuesday, with shares struggling to bounce back after dropping Monday. Investors looked at the hydrogen firm's higher revenues and better margins but stayed cautious on its ongoing cash requirements. The stock last traded near $2.79, off by less than a cent from yesterday’s close. Shares moved in a $2.58 to $2.83 range earlier, with volume around 27.4 million.
Robinhood (HOOD) Slides After $2 Billion Debt Move

Robinhood (HOOD) Slides After $2 Billion Debt Move

Robinhood Markets shares trimmed earlier losses Tuesday after dropping at the open. The online broker priced a $2 billion sale of convertible senior notes, a form of debt that can be exchanged for stock on certain terms. The stock stayed down. The stock dropped 0.6% to $105.05. It hit a low of $98.25 earlier. Interactive Brokers was off 0.7%. Charles Schwab gained 0.9%. Robinhood’s swing looked linked to its funding, with less spillover from other brokerages.
23 June 2026
Carnival (NYSE:CCL) Falls Even After Hitting Record Quarter, Guidance Leaves Investors Cold

Carnival (NYSE:CCL) Falls Even After Hitting Record Quarter, Guidance Leaves Investors Cold

Carnival Corporation Ltd. dropped 5.5% to $28.54 late Tuesday morning, giving back some gains after a streak of strong trading. The cruise stock opened at $27.50, hit a low of $27.02. More than 22 million shares changed hands. Investors shrugged off record quarterly numbers and focused on a weaker profit forecast. Carnival’s shares dropped after its outlook missed Wall Street targets. The cruise giant said it sees third-quarter adjusted profit around $1.35 a share, under analyst calls for $1.42 according to LSEG. Revenue last quarter was $6.66 billion, coming in shy of the $6.69 billion estimate. The company blamed fuel costs and geopolitical tensions for weaker bookings, citing softness in the Mediterranean.
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Stock Market Today

  • Samsung Earnings Hit As Shares Drop, Dragging Market Lower
    July 7, 2026, 2:56 PM EDT. Samsung Electronics reported strong earnings but the stock fell as sellers moved in, dragging the broader market lower. Even with its solid quarter, traders showed caution and Samsung shares slipped, pressuring sentiment. Some investors decided to take money off the table on valuation and macro concerns, moving out of stocks. Market volatility stayed in focus as equity traders reacted to mixed earnings and economic data.
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