Today: 29 June 2026
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Technology 27 June 2026 - 29 June 2026

Intel (NASDAQ:INTC) falls behind as chipmakers rebound and foundry plans edge closer to 14A deadline

Intel (NASDAQ:INTC) falls behind as chipmakers rebound and foundry plans edge closer to 14A deadline

Intel Corporation moved up slightly premarket Monday, lagging the chip sector. The stock has already priced in a rebound, so traders want to see results. Intel traded 0.51% higher at $128.97 as of 8:43 a.m. EDT, rebounding after dropping 3.42% on Friday, according to MarketWatch. The iShares Semiconductor ETF moved up 1.34%. Taiwan Semiconductor Manufacturing Co Ltd ADR added 1.26%, Nvidia climbed 0.96%, and Advanced Micro Devices was up 0.90% ahead of the bell.
29 June 2026
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AST SpaceMobile spike faces 62 million shares sold short

AST SpaceMobile spike faces 62 million shares sold short

AST SpaceMobile, Inc. traded higher in premarket action Monday, though the short side looked more crowded. MarketWatch’s delayed quote at 7:01 a.m. EDT showed 461,440 shares traded before the bell. Short interest was reported at 62.49 million shares as of June 15, or 24.09% of public float, according to the same MarketWatch page. MarketWatch’s tape had it set up like this:
29 June 2026
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Amazon (AMZN): Prime Day orders drop, AWS margin strength in focus as stock tests rally

Amazon (AMZN): Prime Day orders drop, AWS margin strength in focus as stock tests rally

Amazon.com, Inc. traded up 0.9% at $234.69 in premarket action as of 5:00 a.m. EDT Monday, adding to a 2.5% jump from Friday. Shares ended Friday at $232.69, with volume at 248.37 million, nearly five times the 65-day average, according to Wall Street Journal data. Monday is a normal trading day for U.S. equities. The Nasdaq holiday calendar shows the next full market holiday is set for July 3, when markets shut for the Independence Day observance.
29 June 2026
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Samsung, SK Hynix chip plan has investors looking beyond $1.3 trillion headline

Samsung, SK Hynix chip plan has investors looking beyond $1.3 trillion headline

South Korea put a number on its AI-chip plan: 800 trillion won from Samsung Electronics Co, SK Hynix Inc and suppliers to build four new fab sites in the southwest. That’s still a big wager, but well below the $1.3 trillion headline that moved memory shares ahead of the announcement. The figure is also less than the earlier 2,000 trillion won group total floated before Monday’s presidential briefing. The gap matters since shareholders pay for capacity with cash, not just headlines. The fab pledge is where memory supply, equipment orders and later depreciation show up. The larger numbers include data centers, physical AI projects and plans from conglomerates that might fall outside listed memory or could run through the next chip cycle.
29 June 2026
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IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

IREN Limited heads into Monday after five down days in a row. The last trade Friday came in at $47.21 with 50.93 million shares changing hands, the week’s biggest volume. Before Juneteenth, IREN closed at $59.96. That’s a 21.3% drop. Brand spend, not fresh compute sales, led headlines. Golden State and IREN said they’d struck a multi-year partnership, with IREN’s logo set to appear on Warriors jerseys beginning in the 2026-27 season. Fox Business, citing Sportico, put the deal’s value at over $50 million per year, calling it the largest sponsorship deal in North American sports.
29 June 2026
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AMD stock trades short week over Street average after chip selloff

AMD stock trades short week over Street average after chip selloff

Advanced Micro Devices, Inc. kicks off a short U.S. trading week still sitting above the average Wall Street price target. That’s even after a sharp fall on Friday that came with big volume. Trading was closed Sunday in New York. Nasdaq says regular stock hours run 9:30 a.m. to 4 p.m. ET on weekdays. Markets are set to be closed on July 3 for the Independence Day holiday.
28 June 2026
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Palantir (NASDAQ:PLTR) jumps but Army contract offers no dollar terms, $40B weekly drop hangs over move

Palantir (NASDAQ:PLTR) jumps but Army contract offers no dollar terms, $40B weekly drop hangs over move

Palantir Technologies Inc. was closed Sunday, but Friday’s 5.28% rebound to $112.93 puts the spotlight back on valuation. The market’s question now is whether its defense software can justify a price near 38 times its 2026 revenue target. Shares are still off 12.1% since the June 18 close. The gap tells the story. With 2.571 billion diluted shares from Palantir's Q1 EPS, the move from $128.47 on June 18 to $112.93 Friday wiped out roughly $40 billion in equity value. After closing at $107.27 Thursday, Friday's bounce put back about $14.6 billion.
28 June 2026
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IonQ shares slip 15%, but quantum premium holds ahead of short U.S. trading week

IonQ shares slip 15%, but quantum premium holds ahead of short U.S. trading week

IonQ Inc closed Friday at $49.31, falling 2.47%, with 67.76 million shares traded. Volume reached 215% of the 65-day average and topped the 50.49 million shares sold short as of June 15. The stock dropped 15.45% in five sessions but remained up 85.45% over three months. This is notable because the drop did not make IonQ look cheap based on current sales. Shares last traded at a market cap of about $18.3 billion, roughly 69 times the $265 million midpoint of its 2026 revenue forecast, and about 39 times its $470 million in remaining performance obligations.
28 June 2026
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BlackBerry shares surge by $1.6 billion on QNX value, government business cools

BlackBerry shares surge by $1.6 billion on QNX value, government business cools

BlackBerry Limited heads into the holiday-shortened week holding its highest level in more than four years, but the stock’s gains are about more than just “QNX and AI.” Markets in Toronto are closed Sunday, and the U.S. price last crossed at $11.40 late Friday. Shares finished the session Friday at $11.40, up 10.25%, after hitting a 52-week high of $11.49. Nearly 57.81 million shares traded, close to twice the 65-day average. The stock last traded at $11.43 after hours.
28 June 2026
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US stocks look to jobs data as traders shift from AI tech

US stocks look to jobs data as traders shift from AI tech

U.S. cash stock markets are closed Sunday. Wall Street heads into the new week with just four trading days, and the most crowded trade is still the weakest spot: AI tech. The S&P 500 closed Friday at 7,353.95, slipping 0.05%. The Nasdaq dropped 0.24% to 25,297.62, and the Dow was off 0.09% at 51,876.11. S&P 500 dropped 2% this week, led by tech, according to NYSE strategists Eric Criscuolo and Michael P. Reinking. But they pointed to stronger “underlying metrics”: the equal-weight S&P 500 added 1.5%, the S&P 600 gained over 3%, and most sectors—seven out of 11—were up.
28 June 2026
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Micron (NASDAQ:MU) looks to big memory contracts as stock moves into new week

Micron (NASDAQ:MU) looks to big memory contracts as stock moves into new week

Micron Technology, Inc. heads into the new week with investors trying to figure out how much of its earnings are already priced in. Shares dropped 6.69% to $1,132.33 at Friday’s close, the latest U.S. cash-market price since June 28 lands on a Sunday. Volume was heavy, with 86.41 million shares traded—about 1.6 times Micron's average. Investors looking for a clean read aren’t focusing on last quarter’s revenue. The number to watch is the gap between Micron’s market cap—about $1.28 trillion at Friday’s close—and its $100 billion or so in remaining performance obligations from key customer deals. Those contracted revenues amount to just 7.7% of its equity value. As of Friday, Micron also traded at roughly 9.1 times fiscal Q4 EPS guidance on an annualized basis, based on its $31 midpoint.
28 June 2026
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Alphabet (NASDAQ:GOOGL) faces Gemini shortage as Chrome training draws crowds

Alphabet (NASDAQ:GOOGL) faces Gemini shortage as Chrome training draws crowds

MOUNTAIN VIEW, California, June 28, 2026, 08:05 PDT Alphabet Inc. investors looking at a Sunday Fortune interview, also published on Yahoo Finance, might see less career advice and more about product allocation. Arvind Jain, co-founder of Rubrik Inc. and Glean, talked about learning from Sundar Pichai at Google and how some of the best bets can look wrong at first. “You have to think crazy,” Jain told Fortune.
28 June 2026
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Intel (NASDAQ:INTC) edges lower, pulling back from $700 billion mark

Intel (NASDAQ:INTC) edges lower, pulling back from $700 billion mark

Intel Corporation enters the holiday-shortened trading week having slipped under the $700 billion market cap it targeted earlier on Monday. The stock backed off its 52-week high after a steep chip sector selloff. Intel shares finished Friday at $128.32, down 3.42%, then slipped to $127.62 in after-hours trading. On Monday, the stock hit a high of $141.45. That drop puts Intel 9.3% under its intraday high for the week, wiping about $66 billion off its value, based on MarketWatch’s figure of 5.03 billion shares outstanding. Intel’s market cap was $644.94 billion, still $55 billion away from $700 billion.
28 June 2026
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AAPL volume spikes as QQQ faces memory squeeze risk

AAPL volume spikes as QQQ faces memory squeeze risk

Apple closed out a tough week with a rebound. Volume told the story. The 261.8 million shares traded Friday was a bit more than half of the stock’s total weekly volume, with Thursday and Friday accounting for most of the action. Shares still slid to $283.78 from last week’s close of $298.01. Apple lost about $209 billion in equity value this week as its shares fell $14.23, based on 14.69 billion shares out. The stock bounced $8.63 Friday, adding back about $127 billion. That day's gain was big, but didn’t make up for the week’s loss.
28 June 2026
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Silicon Motion (NASDAQ:SIMO) eases off record high as analyst sees less upside

Silicon Motion (NASDAQ:SIMO) eases off record high as analyst sees less upside

Silicon Motion Technology Corporation heads into the weekend with investors asking if earnings upgrades will be enough for a stock that’s now trading close to the Street’s average price target, despite gains seen earlier this month. Shares of the Taiwan-connected chip designer slid 6.14% to end Friday at $305.28, losing $19.98. Earlier in the week, the U.S.-listed ADR touched $355.00 in Monday trading and closed that day at $336.90. That means the stock finished Friday down about 9.4% from Monday’s close. Volume came in at 1.11 million shares, higher than several earlier sessions this week.
28 June 2026
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Accenture (NYSE:ACN) holds firm after selloff as cyber deal at 20x tests reset

Accenture (NYSE:ACN) holds firm after selloff as cyber deal at 20x tests reset

Accenture plc climbed 2.51% to $128.98 on Friday. The move outpaced the broader market, but the stock stayed deep in a hole—still 58.09% under its 52-week high. The S&P 500 slipped 0.05%, while the Nasdaq Composite shed 0.24% and the Dow Jones Industrial Average edged down 0.09%. NYSE is closed on weekends. This read covers last week and the week ahead. Normal trading is 9:30 a.m. to 4:00 p.m. Eastern. The exchange shows Friday, July 3, as the Independence Day observed holiday in 2026.
27 June 2026
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SK hynix (KRX:000660) plunge erases value equal to four pending ADR offerings in a single session

SK hynix (KRX:000660) plunge erases value equal to four pending ADR offerings in a single session

Korea Exchange stayed closed Sunday in Seoul, so SK hynix Inc. won’t see any new trades until markets open for the week. The exchange works on KST and runs normal weekday sessions. Seoul time was 02:02 on June 28. SK hynix dropped 8.36% Friday, ending the session at 2,673,000 won, off 244,000 won on the day. The stock swung between 2,600,000 and 2,880,000 won. Market cap sat at 1,905.05 trillion won, based on 712.70 million shares, according to Google Finance.
27 June 2026
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Cisco (NASDAQ:CSCO) drops on volume, hurts Dow

Cisco (NASDAQ:CSCO) drops on volume, hurts Dow

Cisco Systems, Inc. sold off hard on Friday, dragging on the Dow Jones Industrial Average. The decline stood out from the indexes, which were less clear. The slump in Cisco shares was sharp and focused. The stock dropped $5.20, or 4.37%, to $113.77. Volume was 51.64 million shares, more than twice the 65-day average of 23.89 million. Shares touched $112.86 at the low. The close leaves the stock 12.7% off its 52-week high of $130.37.
27 June 2026
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Uber (NYSE:UBER) grabs $4.9 billion run as safety, robotaxis in focus

Uber (NYSE:UBER) grabs $4.9 billion run as safety, robotaxis in focus

Uber Technologies got a big lift to close out a rough week for tech. The stock jumped 5.47% to $76.20 on Friday, even as the Nasdaq Composite slipped 0.24%. Trading volume was 64.58 million shares, way above its 65-day average of 18.67 million. About $4.9 billion worth of UBER shares changed hands at the close. Uber rose 6.4% from its June 18 close, right before the Juneteenth break. The Nasdaq ended down 4.6% this week, while the S&P 500 lost 2.0%. Even with the gain, Uber finished Friday 25.3% under its 52-week high at $101.99.
27 June 2026
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Credo (NASDAQ:CRDO) dives 21% from record, crushing AI rally volume

Credo (NASDAQ:CRDO) dives 21% from record, crushing AI rally volume

Credo Technology Group Holding Ltd dropped 11.2% to $238.00 on Friday. Volume was the striking number, with about 38.51 million shares traded, topping the combined 34.76 million from Monday to Thursday, according to WSJ/FactSet data. The largest turnover landed on the day shares fell, not the stock’s recent record day. The stock touched $308.67 Monday before finishing at $302.52. By Friday's close, shares had fallen 21.3% from that record finish. With 186.48 million shares outstanding, MarketWatch said the stock lost about $12.0 billion in equity value from Monday’s close.
27 June 2026
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