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Stock Market 6 July 2026

Broadcom (NASDAQ:AVGO) climbs after Apple (NASDAQ:AAPL) supply deal eases 2031 revenue risk

Broadcom (NASDAQ:AVGO) climbs after Apple (NASDAQ:AAPL) supply deal eases 2031 revenue risk

Broadcom Inc. traded higher in premarket on Monday after saying it will extend its chip partnership with Apple Inc. through 2031. The new deal makes Broadcom more of a long-term supplier to Apple, aiming at contract length instead of just another AI-chip move. Broadcom will supply a range of custom chips to Apple, which makes up around 20% of Broadcom’s yearly sales, analysts told Reuters.
Rocket Lab (NASDAQ:RKLB) holds near deal collar as Iridium agreement in focus on Nasdaq open

Rocket Lab (NASDAQ:RKLB) holds near deal collar as Iridium agreement in focus on Nasdaq open

Rocket Lab Corporation traded higher in premarket Monday, but Iridium Communications Inc. gave a stronger read for deal watchers: IRDM was at $53.75, just under the $54 per share cash-and-stock offer, while Rocket Lab last changed hands at $100.46. These premarket quotes hit before Nasdaq’s regular session, after Friday’s market close for July 4th.
SK Hynix eyes $28 billion Nasdaq sale, aims to cover most AI memory push

SK Hynix eyes $28 billion Nasdaq sale, aims to cover most AI memory push

SK Hynix on Monday kicked off a U.S. share sale that looks more like a funding bet on the AI memory market rather than a straight foreign stock listing. The company’s 43.141 trillion won target aims to fund about 77% of a 55.92 trillion won plan for HBM, new fabs and advanced packaging. Reuters said 17.79 million new shares go out through Nasdaq ADRs. The Elec cited the capex details from SK Hynix’s registration filing.
IREN stock edges back from lows as $700M grant call nears

IREN stock edges back from lows as $700M grant call nears

IREN Limited shares looked set to open higher on Monday, but traders will be watching the $706.5 million mark-to-market value of a co-CEO stock grant. The grant came as IREN joined the Russell 1000 in its first week. IREN announced its inclusion in the index on June 29 and filed details of the executive award on July 1.
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AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 STRONG BUY

Xylem

NYSE: XYL 95 / 100
#2 BUY

AerCap

NYSE: AER 93 / 100
#3 BUY ON WEAKNESS

Visa

NYSE: V 90 / 100
#4 TACTICAL BUY

Chevron

NYSE: CVX 87 / 100
#5 ACCUMULATE

UPS

NYSE: UPS 84 / 100
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Editorial model selection. Not personalised advice.