Today: 9 June 2026
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TWSE:2317 28 June 2025 - 7 March 2026

Taiwan stocks’ wild week: TAIEX posts sharp loss as war-driven oil shock batters chip bellwethers

Taiwan stocks’ wild week: TAIEX posts sharp loss as war-driven oil shock batters chip bellwethers

Taiwan’s TAIEX fell 1,814.95 points this week, closing at 33,599.54 after a midweek plunge and rebound failed to hold. Foreign investors sold a net NT$96.47 billion on Wednesday, the third-largest daily outflow on record, as TSMC dropped 3.62% and the Taiwan dollar hit a 10-month low. Turnover shrank Friday as the market slipped 0.22%.
June 2025 AI News Roundup: Breakthroughs, Surprises, and Global Developments

June 2025 AI News Roundup: Breakthroughs, Surprises, and Global Developments

OpenAI CEO Sam Altman said GPT-5 will launch in summer 2025, claiming major improvements over GPT-4. Midjourney released its first text-to-video system, Model V1, in June 2025. Meta delayed LLaMA 4 Behemoth to late 2025 due to performance issues. Google DeepMind introduced Gemini Robotics On-Device, running vision-language-action AI entirely on robots.

Stock Market Today

  • ArcelorMittal (MT) Positioned as a Top Long-Term Momentum Stock
    June 9, 2026, 11:30 AM EDT. ArcelorMittal (MT) emerges as a leading momentum stock, benefiting from strong upward trends in price and earnings outlook. Momentum investing focuses on capitalizing on these trends, using metrics such as weekly price changes and earnings estimate revisions. The Zacks Style Scores, which evaluate stocks on value, growth, and momentum, rate ArcelorMittal highly in the momentum category. Combined with the Zacks Rank system, which has historically delivered over 25% average annual returns for top-rated stocks since 1988, ArcelorMittal presents a compelling option for investors seeking robust long-term momentum exposure in the steel sector.

Latest articles

AEP’s $78 Billion Grid Plan Spurs Data Center Hopes

AEP’s $78 Billion Grid Plan Spurs Data Center Hopes

9 June 2026
AEP lifted its five-year capital plan to $78 billion after signing 7 gigawatts of new large-energy project agreements, with 90% of 63 gigawatts of expected incremental load by 2030 tied to data centers; shares recently traded at $127.27, up 26.9% over 52 weeks, with analysts’ mean price target at $142.76, as investors weigh execution risks and a new data-center rate structure.
Dow climbs in New York, but gains may stall

Dow climbs in New York, but gains may stall

9 June 2026
Dow jumps 154.87 points as tech rebounds and oil prices drop, with chipmakers like Intel and Broadcom up sharply; investors brace for Wednesday’s key inflation data and next week’s Fed meeting, which could sway rate expectations and market direction.
U.S. Stocks Hit Records This Week — Why the S&P 500 and Nasdaq Rally Survived the Oil Shock

Dow Up While Nasdaq Dips; AI Rally Meets Inflation Data

9 June 2026
Nuvalent soared after GSK agreed to buy the cancer drug developer for $10.6 billion in cash, valuing shares at $124—a 40% premium to Monday’s close—while investors awaited Wednesday’s key inflation data that could impact market direction and tech stock stability.
Smart Logistics Jumps 159% Before Nasdaq Halt

Smart Logistics Jumps 159% Before Nasdaq Halt

9 June 2026
Smart Logistics Global soared 158.75% to $1.33 before a Nasdaq volatility pause, putting the stock above the $1 minimum bid-price needed for compliance after months below the threshold; the company must now close at or above $1 for 10 straight business days to avoid further Nasdaq action, with no new company news driving the surge.
Reddit Shares Pop After Wall Street Sees the Right Ad Signal

Reddit Shares Pop After Wall Street Sees the Right Ad Signal

9 June 2026
Reddit shares surged 6.6% to $182.44 after Cleveland Research and Piper Sandler cited stronger ad demand and raised revenue forecasts, with Cleveland noting 45% of advertisers beat ROI targets in Q2 and Reddit taking ad share from rivals, but risks remain around user growth, AI search traffic, and high valuation.
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