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Technology 25 June 2026 - 27 June 2026

Cisco Systems (NASDAQ:CSCO) drop puts AI order wave up against valuation pressures

Cisco Systems (NASDAQ:CSCO) drop puts AI order wave up against valuation pressures

Cisco plunged 4.5% to $113.77, erasing $21 billion in value on heavy volume as FTSE Russell’s reconstitution drove trading; despite the drop, KeyBanc raised its price target to $130, implying 14% upside, but with AI revenue still a small slice of Cisco’s total, investors face pressure to see AI orders convert to revenue amid a volatile tech sector.
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.
BlackBerry (NYSE:BB) jumps after QNX outlook nudge, eyes on cash flow

BlackBerry (NYSE:BB) stock watches QNX beat with AI premium in play after $1B re-rate

BlackBerry surged to a $6.06 billion market cap after QNX revenue jumped 26% and fiscal 2027 revenue guidance rose by $10 million, but premarket shares slipped 2.8% after the rally; analysts lifted targets, citing faster operating leverage and rising QNX growth, while the company’s first cash-positive Q1 in nine years and a $1 billion QNX royalty backlog highlight investor focus on embedded-AI potential.
Triller jumps, SpaceX stake now values above its market cap

Triller jumps, SpaceX stake now values above its market cap

Triller shares soared 95% premarket after revealing a $411.3 million SpaceX-linked purchase—nearly seven times its equity value at Thursday’s close—though the deal, still pending escrow and conditions, highlights a massive size mismatch and comes as Triller faces a $346 million working-capital deficit and warns its cash is insufficient for the next year.
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Stock Market Today

  • Wheat Prices Decline as Managed Money Increases Short Positions Ahead of Acreage Report
    June 27, 2026, 9:01 AM EDT. Wheat futures edged lower on Friday across Chicago SRW, KC HRW, and MPLS spring wheat contracts, pressured by growing managed money short positions and concerns ahead of the U.S. June Acreage report. Chicago SRW contracts fell up to 12 3/4 cents, with July down 27 1/2 cents for the week. KC HRW lost up to 11 3/4 cents on Friday and 33 cents weekly. The Commodity Futures Trading Commission (CFTC) data showed managed money boosted net short positions by 1,675 contracts in the week ending June 23, reaching 71,206 contracts overall. France reported a slight decline in soft wheat crop conditions. Export sales dropped 16% year-on-year, trailing USDA export targets. Market eyes Tuesday's acreage data, forecasting 43.8 million total wheat acres, including 9.5 million for spring wheat.

Latest articles

Oil Prices Today: Brent Whipsaws as Iran Peace Hopes Hit OPEC Supply Shock

Funds trim WTI longs, Hormuz supply flows ease squeeze from tight U.S. stocks

27 June 2026
Brent crude plunged 10.86% this week to $71.99 as funds slashed net long WTI positions by 13,356 contracts, despite Cushing inventories hitting their lowest since 2014 and U.S. diesel margins surging; investors face key risks from Hormuz traffic, U.S.-Iran tensions, OPEC+ output hikes, and China’s fuel export boost.
AI stocks eye $41 billion tech-fund shift as memory costs hit

AI stocks eye $41 billion tech-fund shift as memory costs hit

27 June 2026
Technology sector funds saw nearly $20 billion in outflows the week to June 24—erasing the prior week’s $21.46 billion inflows—just before chip stocks plunged, with the Nasdaq dropping 4.6% and the Philadelphia semiconductor index posting its worst week since April, as investors questioned AI profitability and shifted away from tech.
IPO calendar eyes Bending Spoons as shortened week thins deal pipeline

IPO calendar eyes Bending Spoons as shortened week thins deal pipeline

27 June 2026
Bending Spoons (NASDAQ:BSP) drives 61% of next week’s $2.56 billion U.S. IPO proceeds, making its $1.57 billion raise a key test for investor appetite in debt-heavy software M&A, with a $18.1 billion valuation and 4.0x net debt to EBITDA leverage, as markets brace for a holiday-shortened week and a looming $29.4 billion SK hynix Nasdaq ADR.
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