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Technology 26 June 2026 - 29 June 2026

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

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

Semiconductor stocks plunged 7.9% last week, their worst performance since April, dragging the S&P 500 down 2.05% as investors pulled nearly $20 billion from tech funds; strategists warn that continued weakness in mega-cap tech could weigh on cap-weighted indexes even as smaller stocks rally, with upcoming jobs data and rate expectations posing further risks.
28 June 2026
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Cisco (NASDAQ:CSCO) drops on volume, hurts Dow

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

Cisco Systems plunged 4.37% to $113.77 on Friday, wiping out 32 Dow points and trading at more than double average volume as the AI-networking trade cooled sharply; despite record Q3 revenue and raised AI order guidance, the stock ended 12.7% below its 52-week high and faces investor scrutiny on AI order conversion and margins ahead of a shortened holiday week.
27 June 2026
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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.
26 June 2026
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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.
26 June 2026
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Stock Market Today

  • Stocks Slide as US-Iran Halt Calms Hostilities, Oil Prices Rise
    June 29, 2026, 1:14 AM EDT. Asian stocks showed uncertainty on Monday as recent hostilities between the United States and Iran were paused, easing tensions that had threatened a fragile interim peace deal. Oil prices climbed amid lingering geopolitical concerns. Meanwhile, the U.S. dollar held close to a one-year high, reflecting investor caution in the face of fluctuating market dynamics. The pause in US-Iran conflict offers temporary relief but leaves oil and currency markets sensitive to potential future developments.

Latest articles

Trump-era loan caps could open door for private lenders in grad school market

Trump-era loan caps could open door for private lenders in grad school market

29 June 2026
July 1 federal loan caps slash Grad PLUS access, forcing many graduate and professional students to seek private loans; Sallie Mae projects up to 70% origination growth over several years, while SoFi reports record student-loan volume—investors now face a real-time test of how much demand shifts to private lenders as federal limits hit.
IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

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

29 June 2026
IREN Limited (NASDAQ:IREN) plunged 21.3% to $47.21 over five straight down days despite announcing a record $50M+ annual Warriors jersey deal, as investors focused on the company’s not fully contracted $4.4B target ARR and high short interest at 19.74% of float, with Friday’s close near the lowest analyst target.
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