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

Sandisk Corp fell 11.4% on Friday, dropping $201.21 to finish at $1,559.32 after traders sold off memory and AI chip names. The stock had been coming off a steep runup to record highs. During the session, shares touched a low of $1,513.07. Sandisk’s market cap was about $244.8 billion, according to market data.

6 June 2026

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

Micron Technology fell about 13% on Friday, closing at $864.01. The memory-chip maker got caught in a sweeping semiconductor rout that wiped out around $1.3 trillion from U.S. chip stocks. Reuters said Micron lost about $150 billion in market value.

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 Inc. shares fell in late Nasdaq trading on Friday, slipping with the broader technology selloff just before the company’s annual developer conference, where investors want a clearer answer on artificial intelligence and Siri.

5 June 2026

Artificial Intelligence·NASDAQ:AAPL·Stock Market·Technology

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

Invesco QQQ Trust traded down 3.29% to $716.26 at 2:00 p.m. EDT Friday. Big tech and growth stocks fell after a stronger U.S. jobs report, with investors pricing in the risk of higher rates.

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 PBC dropped roughly 22% Friday, with the satellite-imagery company’s shares falling after it registered a $1.5 billion at-the-market stock sale. The move cut into enthusiasm from its solid quarterly numbers. The stock last traded at $33.86 in late morning New York trading, off $9.67 from where it closed on Thursday.

5 June 2026

NASDAQ:PL·Stock Market·Technology

BlackBerry Shares Stall After QNX Push

BlackBerry Ltd shares in the U.S. slipped roughly 8% by midday Friday, taking a breather after a sharp climb that brought the software name close to a 52-week high. The stock last traded at $9.50, after starting the session at $10.00 and hitting an intraday low of $9.47. Trading volume was above 30 million shares.

5 June 2026

NASDAQ:BB·Technology

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

Stocks in the U.S. dropped early Friday, led down by chipmakers, as a strong May jobs number forced investors to reconsider the odds of Fed rate cuts this year or even think about possible tightening.

5 June 2026

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

Chip Rally Breaks as Nasdaq Faces Tight Labor Market

Stocks were mixed at the open Friday. The S&P 500 and Nasdaq slid after May jobs data came in hotter than forecast, which put rate-hike jitters back in play and weighed on chip stocks tied to artificial intelligence. The Dow moved up at the open, but large growth stocks took most of the selling.

5 June 2026

Stock Market·Technology

Snap Bounces as Nasdaq Drops, India Ad Demand in Focus

Snap Inc. shares looked softer before the bell Friday after jumping 5.9% Thursday. That rally pushed the Snapchat owner to $6.07, but it's still trading more than 40% under its 52-week high. Thursday volume hit 60.1 million, topping the 50-day average as the stock beat the Nasdaq Composite on a down day.

5 June 2026

Nasdaq·NASDAQ:SNAP·Stock Market·Technology

C3.ai CEO Buys $69 Million Stake, Street Remains Skeptical

C3.ai founder and CEO Thomas Siebel spent almost $69 million buying 6.17 million Class A shares at $11.16 a share as the company tries to restart growth after another steep revenue drop. The SEC filing comes as C3.ai announced that Shell is expanding its worldwide use of the company’s reliability software.

5 June 2026

Artificial Intelligence·NYSE:AI·NYSE:RDS.A·Stock Market·Technology

AT&T shares slide again as Starlink draws Wall Street attention

AT&T shares faced fresh selling early Friday, following two rough days as the market shifted from seeing satellite internet as a far-off issue to a clear risk for broadband growth. The stock last changed hands at $22.77. U.S. trading hadn’t opened yet at press time.

5 June 2026

NASDAQ:AMZN·NASDAQ:TMUS·NYSE:T·NYSE:VZ·Stock Market·Technology

Micron shares tumble as $94 billion loss hits AI memory trade

Micron Technology slipped again in Friday’s premarket after a rough session. The memory-chip name, one of the top plays in the artificial-intelligence rally, slumped sharply Thursday. The last available price for Micron was $996, off about $81 from the previous close. MarketWatch, quoting Dow Jones Market Data, reported the 7.7% drop took $94.24 billion in value off the stock.

5 June 2026

Artificial Intelligence·NASDAQ:MU·Stock Market·Technology

AT&T Stock Drops, Investors Eye SpaceX’s Move

AT&T Inc. fell 3.3% to end at $22.77 Thursday. Investors dealt with a Supreme Court ruling going against the company and a new warning from Wall Street about satellite rivals. Shares hit a low of $22.34 intraday. Volume passed 82 million shares.

5 June 2026

NYSE:T·Space Industry·Stock Market·Technology

Guidewire Beats Earnings but Shares Drop on Revenue Number

Guidewire Software tumbled after hours Thursday, dropping 13.77% to $130.36 by 18:57 EDT, according to MarketScreener. The insurance-software firm beat estimates for the quarter, but recurring revenue guidance was a little soft and weighed on the stock. Shares had ended the regular NYSE trading down 2.48% at $151.17.

5 June 2026

Earnings·NYSE:GWRE·Stock Market·Technology

BlackBerry stock heads toward highs as QNX robot software draws traders

BlackBerry Ltd’s U.S. shares climbed sharply Thursday on strong volume, bringing the Waterloo, Ontario software firm close to its 52-week high. Investors were focused on QNX embedded software, not the company’s smartphone history.

5 June 2026

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

Nokia drops after fast AI rally, traders stay focused

Nokia Oyj dropped 6.15% in Helsinki on Thursday, snapping a three-day run as traders weighed how much of the company’s AI push was already priced in. Shares finished at 13.895 euros. The Finnish network-equipment stock had climbed 8.45%, 6.76%, and 2.39% over the first three sessions this month.

5 June 2026

Artificial Intelligence·NASDAQ:NOKIA·Stock Market·Technology

ASML Trading Close to €1,500 After New Wall Street Backing

ASML Holding shares nearly hit €1,500 in Amsterdam on Thursday, building on their AI-fueled rally. The stock got a boost after two brokerages lifted their price targets. Its key end-market is still seeing tight supply.

4 June 2026

AMS:ASML·Technology

Dow Jumps as Oil Drops; Wall Street Watches Broadcom AI Moves

Dow Jones hit a record high Thursday, lifted by gains in healthcare and financial names and as oil fell. Buying in those sectors outweighed a slide in Broadcom that weighed on the Nasdaq, keeping the tech index in check.

4 June 2026

Artificial Intelligence·NASDAQ:AVGO·NYSE:BAC·NYSE:UNH·Oil Prices·Stock Market·Technology

After The Bell: Dow Hits Record As Oil Slides, But Broadcom Sends A Warning On AI

Wall Street rose on Thursday, and the Dow Jones Industrial Average touched a record high, as easing oil prices and hopes for progress toward ending the Iran war pulled buyers into healthcare and financial shares. The Dow rose 809.88 points, or 1.60%, to 51,496.83, the S&P 500 gained 39.74 points, or 0.53%, to 7,593.42, and the Nasdaq Composite added 60.69 points, or 0.23%, to 26,915.12; Oliver Pursche, senior vice president at Wealthspire Advisors, called the chip move “rational exuberance” after Broadcom fell while Nvidia and Taiwan Semiconductor rose.

4 June 2026

NASDAQ:AVGO·NASDAQ:NVDA·NYSE:GS·NYSE:TSM·NYSE:UNH·Stock Market·Technology

ChronoScale Shares Jump After Tesla Alum Joins AI Compute Effort

ChronoScale Corp surged almost 18% Thursday afternoon after the AI compute firm appointed Raj Jegannathan, a former Tesla executive, as CTO. The company also named Lawrence Lam chief product officer.

4 June 2026

NASDAQ:CHRN·Stock Market·Technology