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Technology 5 June 2026 - 7 June 2026

Broadcom Faces Key Stretch After AI Revenue Guide Misses Target

Broadcom plunged nearly 20% in two days to $385.73 after record Q2 revenue of $22.2 billion and a $16 billion AI-chip forecast missed Wall Street’s sky-high expectations, triggering a chip sector rout and raising fears that investor hopes for AI growth may have peaked just as inflation data looms.

7 June 2026

Earnings Reports·NASDAQ:AVGO·Stock Market·Technology

AT&T Shares Fall After SpaceX Signals, Wall Street Looks Hard at Fiber Plans

AT&T Shares Drop for the Week as SpaceX Stays in Focus

AT&T shares plunged 8.3% this week to $22.75 as Oppenheimer warned SpaceX’s Starlink could disrupt legacy broadband, raising fears of faster subscriber and revenue declines just as SpaceX prepares its Nasdaq debut. AT&T’s new fiber plans launch Sunday, but investors are weighing whether satellite competition will pressure stock and margins further.

7 June 2026

NYSE:T·Space Industry·Stock Market·Technology

BlackBerry Moves After Volatile Stretch — What’s Next for BB

BlackBerry shares plunged 8.99% to $9.41 Friday amid a broad tech selloff, despite finishing the week up 4.6% as investors weigh strong QNX software growth against fears that the recent rally may have outpaced fundamentals ahead of June’s earnings update.

7 June 2026

NASDAQ:BB·Stock Market·Technology·TSX:BB

Marvell Added to S&P 500 After AI Run, Shares Still Drop With Chips

Marvell Technology will join the S&P 500 on June 22, creating forced demand from index funds, but shares plunged 16.7% Friday amid a chip-stock selloff, despite a 300% year-to-date gain and strong AI-driven results; risks include customer concentration and supply-chain constraints, with investors eyeing Monday’s market reaction.

7 June 2026

Artificial Intelligence·NASDAQ:MRVL·Semiconductors·Stock Market·Technology

Micron Stock Plunge Sets Up a Big Monday Test for the AI Memory Trade

Micron shares plunged 13.3% to $864.01 Friday, erasing $150 billion in value after a sector-wide chip selloff triggered by Broadcom and a strong U.S. jobs report; despite record revenue guidance and tight supply outlook, investor fears over rate hikes and overbought conditions upended the AI-memory trade, with Micron’s next financial update set for June 24.

7 June 2026

Breaking·NASDAQ:MU·Stock Market·Technology

Intel Shares Sink After Heavy Drop—What’s Ahead for INTC Stock

Intel shares plunged 11.4% to $99.17 on Friday amid a 10.3% drop in the PHLX Semiconductor Index—its worst day since March 2020—as a strong May jobs report fueled fears of prolonged Fed rate hikes, while disappointing AI-chip outlooks from peers hit chip stocks hard despite Intel announcing new AI-focused partnerships with Hitachi and Foxconn.

7 June 2026

Breaking·NASDAQ:INTC·Semiconductors·Stock Market·Technology

Nokia drops after fast AI rally, traders stay focused

Nokia’s Week Stays Unsettled as AI Optimism Hits Debt Check

Nokia shares plunged 5.87% Friday to €13.08 after issuing €500 million in new debt to refinance 2028 notes, as investors weighed AI stock volatility and awaited key London investor meetings June 10; despite the drop, shares remained up 4.72% for the week, with analysts citing both AI-driven growth and risks from competitive and cost pressures.

7 June 2026

Artificial Intelligence·NYSE:NOK·Stock Market·Technology

Palo Alto Networks Reaches All-Time High Ahead of Results as AI Security Rally Drives Wall Street

Palo Alto Networks Shares Fall; Next Week Seen as Key for AI Stocks

Palo Alto Networks shares slid 2.6% to $272.05 Friday despite raising its annual revenue outlook and posting 31% revenue growth, as a broader tech selloff hit the Nasdaq Composite by 4.2%; analysts raised price targets, but high valuation and integration risks loom with the stock still well below its 52-week high.

6 June 2026

NASDAQ:PANW·Stock Market·Technology

STMicroelectronics Stock Pulls Back After AI Jump, Focus Shifts to Next Week

STMicroelectronics surged 6.6% this week to 62.82 euros after raising its 2026 data-centre revenue target to about $1 billion, but shares fell 5.85% Friday as investors took profits and global chip sentiment weakened following Broadcom’s outlook; future gains hinge on AI demand, capacity expansion, and ECB rate moves.

6 June 2026

EPA:STM·Stock Market·Technology

ASML Hits All-Time High, Then Falls in Chip Stock Rout — Eyes on Monday

ASML shares tumbled after a global chip selloff, closing down 2.39% in Amsterdam and 6.59% in the U.S., as AI chip optimism collided with sector-wide profit-taking; despite the drop, ASML’s Euronext shares remain up 5.57% for the week, but looming U.S.-China export risks could cut earnings per share by up to 10%, per JPMorgan.

6 June 2026

AMS:ASML·Semiconductors·Stock Market·Technology

SK Hynix Drops 10% After Hit, Here’s What’s Next for Traders

SK hynix plunged 9.92% to 2,070,000 won Friday, capping a 12% five-day slide after a record high, as tech stocks sold off globally and a “sidecar” halt hit Seoul trading; investors now face a key test of confidence in the AI-memory trade, with the stock’s future hinging on HBM demand, U.S. chip sector moves, and details of a planned U.S. ADR listing, which remains under SEC review.

6 June 2026

KRX:000660·Semiconductors·Stock Market·Technology

Meta Shares See $31 Million Spend Before AI Funding Jitters Arrive

Meta stock plunged 5.5% to $593 Friday after reports it may raise tens of billions via a stock sale to fund soaring AI infrastructure costs, despite delayed filings showing Waystone, Eaton, and Fidelis held $31.4 million in Meta at year-end; analysts’ average target is $840.60, but investors are wary of dilution and rising capex, as Meta lifts 2026 spending outlook to up to $145 billion.

6 June 2026

Artificial Intelligence·NASDAQ:META·Technology

Nvidia Falls With Chip Stocks as $1.3 Trillion Selloff Hits Wall Street

Nvidia shares plunged 6.2% to $205.10, erasing $13.56 per share, as a strong U.S. jobs report and doubts about AI-chip demand triggered a sector-wide rout, with the PHLX Semiconductor Index down 10.3% and U.S. chipmakers losing $1.3 trillion in market value, Reuters reported.

6 June 2026

NASDAQ:NVDA·NVIDIA·Stock Market·Technology

Sandisk’s AI rally stalls as chip wipeout hits $1.3 trillion

Sandisk plunged 11.4% to $1,559.32 after the PHLX Semiconductor Index suffered its worst day since March 2020, wiping $1.3 trillion from U.S. chipmakers as investors questioned AI storage demand durability and supply-cycle risks despite Sandisk’s record data-center revenue and $42 billion in long-term deals.

6 June 2026

Artificial Intelligence·NASDAQ:SNDK·Semiconductors·Stock Market·Technology

Micron Drops 13% as Chip Selloff Hits $1.3 Trillion Shakeout

Micron Technology plunged 13% Friday, erasing $150 billion in market value as part of a $1.3 trillion semiconductor selloff, despite record revenue and Nvidia qualifying Micron’s HBM4 chips; investors punished “good but not better” AI news amid rate fears and high expectations, with the next earnings test set for June 24.

6 June 2026

Artificial Intelligence·NASDAQ:MU·Stock Market·Technology

Apple Stock Is Heading Into a Make-or-Break AI Week. Wall Street Just Blinked

Apple shares slid 1% to $308.21 in late trading as tech stocks tumbled ahead of Monday’s WWDC, where investors are demanding concrete AI and Siri updates; with rate cut hopes dashed by a strong jobs report, analysts warn Apple’s stock could struggle if the event lacks firm AI delivery dates.

5 June 2026

Artificial Intelligence·NASDAQ:AAPL·Stock Market·Technology

QQQ Drops After Surprise Jobs Data, Market Eyes Rates and AI

Invesco QQQ Trust plunged 3.29% to $716.26 after a strong U.S. jobs report boosted rate-hike odds to 70%, hitting tech and AI stocks that dominate the ETF; the drop pushed QQQ below key technical support, with investors now weighing near-term rate risk over long-term growth, as higher yields threaten future earnings valuations.

5 June 2026

Artificial Intelligence·NASDAQ:GOOG·NASDAQ:GOOGL·NASDAQ:QQQ·NYSE:IVZ·Stock Market·Technology

Planet Labs Drops After $1.5 Billion Filing

Planet Labs plunged 22% to $33.86 after announcing a $1.5 billion at-the-market share-sale program, sparking dilution fears despite record Q1 revenue up 42% to $94.2 million and raised full-year guidance; analysts remain split, with Needham upping its price target to $53, while the average target sits below the current price even after the drop.

5 June 2026

NASDAQ:PL·Stock Market·Technology

BlackBerry Shares Stall After QNX Push

BlackBerry shares plunged 8% after a rapid rally pushed the stock near a 52-week high, with investors now awaiting June 25 earnings to see if growth matches the hype; analyst price targets remain far below current levels, raising risk if QNX or secure communications disappoint.

5 June 2026

NASDAQ:BB·Technology

AI-driven stocks stall on Wall Street after jobs report shakes chip sector

Chip stocks plunged Friday, with Broadcom down 4.5% and Nvidia 3.7%, after a stronger-than-expected May jobs report fueled fears the Fed may delay or reverse rate cuts, slamming AI-linked shares that powered this year’s rally; Broadcom’s revenue and AI chip forecast missed Wall Street estimates, triggering a 4.7% drop in the semiconductor ETF as investors demanded perfection.

5 June 2026

Artificial Intelligence·NASDAQ:AVGO·NASDAQ:NVDA·Stock Market·Technology

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BW LPG Ltd (NYSE:BWLP) Demonstrates Strong Momentum and Financial Growth
June 8, 2026, 5:17 AM EDT. BW LPG Ltd (NYSE:BWLP) meets Mark Minervini's Trend Template, signaling strong technical momentum. The company also passes a High Growth Momentum screen, highlighting accelerating earnings and increasing sales. This combination makes BWLP an attractive option for momentum investors seeking growth driven by solid financial performance and upward stock trends.

Intel’s AI Stock Run Stalls; Monday Premarket Move Fails to Settle It

8 June 2026

Intel shares rose 1.6% to $100.74 in pre-market trading Monday, partly rebounding from Friday’s 7.9% drop that followed a strong U.S. jobs report and a tech selloff; investors now face a key test as Intel’s AI partnerships with Foxconn and others lack visible orders or financial details, while options pricing signals potential for another 9% stock move this week amid inflation data and shifting rate expectations.

Nvidia’s $5 Trillion Valuation Gets Put to the Test Monday

8 June 2026

Nvidia shares hovered near Friday’s 6% drop and $300 billion market cap loss despite new South Korean AI deals, as chip stocks reeled from fears of higher U.S. rates and regulatory risks; investors await Monday’s open to see if fresh partnerships can offset sector volatility and valuation pressure.

Nokia rally stalls as traders sell tech stocks after AI push

8 June 2026

Nokia shares plunged 2.98% in Helsinki to 12.690 euros, extending losses as investors dumped AI-linked tech stocks amid rising oil prices and rate fears; U.S. ADRs dropped 13.48% Friday, while no new operating update was given and Nokia issued 500 million euros in new debt, with the next key earnings test set for July 23.

SpaceX Sets IPO at $135, Retail Buzz Ahead of SPCX Nasdaq Debut

8 June 2026

SpaceX’s $75 billion IPO launches June 12 at $135 a share, with retail demand already double the shares on offer and 30% of the deal earmarked for individuals, but 2025 losses of $4.94 billion and a $1.75 trillion target valuation raise questions about post-IPO pricing as index entry and profitability remain uncertain.

Eli Lilly Set for Key Monday After New Weight-Loss Drug Data

8 June 2026

Eli Lilly closed at $1,131.42, up 0.55%, after releasing late-stage data showing its obesity drug retatrutide led to 28.3% weight loss over 80 weeks and reduced sleep apnea and knee pain, fueling hopes its obesity pipeline could expand beyond weight loss as rivals Boehringer Ingelheim and Zealand Pharma unveiled competing data, setting up a key test for Lilly’s trillion-dollar valuation as trading resumes.

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Technology 5 June 2026 - 7 June 2026

Broadcom Faces Key Stretch After AI Revenue Guide Misses Target

AT&T Shares Drop for the Week as SpaceX Stays in Focus

BlackBerry Moves After Volatile Stretch — What’s Next for BB

Marvell Added to S&P 500 After AI Run, Shares Still Drop With Chips

Micron Stock Plunge Sets Up a Big Monday Test for the AI Memory Trade

Intel Shares Sink After Heavy Drop—What’s Ahead for INTC Stock

Nokia’s Week Stays Unsettled as AI Optimism Hits Debt Check

Palo Alto Networks Shares Fall; Next Week Seen as Key for AI Stocks

STMicroelectronics Stock Pulls Back After AI Jump, Focus Shifts to Next Week

ASML Hits All-Time High, Then Falls in Chip Stock Rout — Eyes on Monday

SK Hynix Drops 10% After Hit, Here’s What’s Next for Traders

Meta Shares See $31 Million Spend Before AI Funding Jitters Arrive

Nvidia Falls With Chip Stocks as $1.3 Trillion Selloff Hits Wall Street

Sandisk’s AI rally stalls as chip wipeout hits $1.3 trillion

Micron Drops 13% as Chip Selloff Hits $1.3 Trillion Shakeout

Apple Stock Is Heading Into a Make-or-Break AI Week. Wall Street Just Blinked

QQQ Drops After Surprise Jobs Data, Market Eyes Rates and AI

Planet Labs Drops After $1.5 Billion Filing

BlackBerry Shares Stall After QNX Push

AI-driven stocks stall on Wall Street after jobs report shakes chip sector

Stock Market Today

Latest articles

Intel’s AI Stock Run Stalls; Monday Premarket Move Fails to Settle It

Nvidia’s $5 Trillion Valuation Gets Put to the Test Monday

Nokia rally stalls as traders sell tech stocks after AI push

SpaceX Sets IPO at $135, Retail Buzz Ahead of SPCX Nasdaq Debut

Eli Lilly Set for Key Monday After New Weight-Loss Drug Data