Bitcoin Bounces Between $63K and $65K Amid Consolidation
Bitcoin tested $65,000 intraday before retreating to near $63,000, with the $64,000 zone acting as key support for traders.
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AMC Surges 16.4% on Earnings Beat—Meme Stock Reappears
AMC Entertainment beat Wall Street expectations in premarket trading, triggering a 16.4% surge. The movie theater giant—a 2021 retail darling—is back in focus as earnings season progresses.
Seoul Chip Stocks Plunge as Korea Raises Rates First Time Since 2023
South Korea's Kospi index fell 6.4% after the Bank of Korea raised interest rates. SK Hynix shares dropped more than 13%.
Alphabet Falls 4.4% on Gemini Delay; Nasdaq Slides 1.47%
Google parent Alphabet fell 4.4% after delaying its Gemini AI release. The Nasdaq declined 1.47% as investors reassess whether AI spending is paying off.
TSMC, ASML Post Strong Results as Chip Demand Holds
Taiwan's leading chipmaker and Dutch equipment supplier reported robust revenue and forward orders, signaling continued strength in semiconductor manufacturing.
Asian Chip Stocks Fall on AI Valuation Doubts
South Korea's Kospi index dropped as much as 7.3% with SK Hynix and Samsung Electronics leading losses, as investors weigh whether artificial-intelligence gains justify current semiconductor valuations.
Goldman Sachs Q2 Earnings Beat Estimates, Stock Rises 8%
Goldman reported EPS of $20.98 versus $14.48 consensus and revenue of $20.34 billion versus $16.13 billion expected. Shares rose roughly 7.95% on July 14.
IBM Shares Drop 25% Amid Earnings Selloff; Markets Mixed
IBM stock fell 25% after a earnings-related selloff, while the S&P 500 and Nasdaq posted small gains on improving economic data.
KeyBanc Cuts Apple to Underweight on iPhone Slump, Valuation
The investment bank flagged weakening device sales and slower services growth, warning the stock is trading at an expensive multiple despite near-term headwinds.
JPMorgan Posts Record $21.2B Profit on Trading Boom
America's largest bank by assets crushed expectations with record quarterly earnings fueled by a massive jump in equities trading and a $4.6B gain from selling its Visa stake.
Oil Surges 3.75% as US-Iran Tensions Flare Near Strait of Hormuz
Fresh military escalation in the Middle East sent crude higher, reigniting concerns about shipping disruptions in one of the world's critical energy chokepoints.
Memory Stocks Tumble; KOSPI Halts as Chip Weakness Spreads
South Korea's KOSPI dropped 9% and triggered a trading halt. Nasdaq futures fell nearly 1% as memory and semiconductor stocks faced broad selling pressure, signaling renewed caution in the AI-driven chip complex.
French Billionaire Niel Buys Vodafone's Top Shareholder Slot for $5.91B
Xavier Niel is acquiring e&'s entire 16.2% stake in Vodafone for $5.91 billion. Vodafone shares jumped 12% on the news, signaling investor confidence in the deal.
SK Hynix $26.5B US IPO Shows Investor Caution on AI Chips
South Korea's memory-chip giant raised a record $26.5 billion in its US IPO Friday, but muted opening-day gains suggest investors are questioning the pace of the AI hardware rally.
Bitcoin Falls Below $63K as Rates Rise and Geopolitics Flare
Bitcoin has fallen to around $62,900 after failing to hold $64,000 resistance. Crypto is falling in step with equities as Treasury yields surge and geopolitical tensions rise.
Oil Surges on Middle East Tensions; Tech Stocks Fall
Crude prices jumped as U.S. strikes escalated Iran tensions, sending traders to safe havens and away from growth stocks like Amazon, Nvidia, and IBM.
Samsung Profit Surge Triggers Chip Stock Sell-Off—Profit-Taking Explained
Samsung reported a 19-fold surge in quarterly profit, but Seoul shares tumbled 8.8%, dragging U.S. chip stocks down in premarket trading. When blowout earnings trigger selling, sentiment matters as much as fundamentals.
Dow Hits Record High While AI Chip Stocks Fall
The Dow Jones climbed to an all-time high, but major semiconductor names fell on valuation concerns. The divergence shows investors are picking winners and losers within the same sector.
SK Hynix $28B US ADR Listing Tests AI Chip Demand Reality
South Korea's memory chip giant plans a massive capital raise on Nasdaq as Samsung—up 165% this year—reports earnings Tuesday. Together, they'll signal if semiconductor valuations rest on real demand.
Ethereum's 3-Quarter Slide vs Solana's Rally: Institutional Shift Ahead
After three straight quarterly losses, Ethereum faces headwinds while Solana gains traction. A major institutional nonprofit backing Ethereum launches this month.
Bitcoin Breaks $61K as Tech Struggles—Crypto ETF Divergence
Crypto posted solid gains as inflation concerns eased, but spot Bitcoin ETF outflows suggest rally strength isn't universal.
Bitcoin Drops Below $59K as Spot ETF Outflows Hit $4.5B Record
The crypto asset fell 20% in June—its worst month in 21 months—as US spot Bitcoin ETFs saw their largest monthly withdrawal ever. Whale investors, meanwhile, bought the dip.
Chip Stocks Slide as Investors Lock in AI-Boom Gains
Semiconductor stocks fell sharply on July 1–2, with Micron down 10.6% and SK Hynix down 9.34%. South Korea's KOSPI hit circuit breakers. Despite the pullback, major chip stocks remain significantly higher for the year.
Defense Drones and Chip Stocks Rally as Quarter Closes
AeroVironment surges 20% while semiconductor stocks climb broadly. The Nasdaq is up 20% year-to-date, the S&P 500 up 9.55%.
Rocket Lab to Acquire Iridium Communications in $54/Share Deal
Rocket Lab agreed to buy satellite operator Iridium in a cash-and-stock deal. Both stocks rose as investors bet on combined launch-and-comms capabilities.
Concentrix Shares Plunge 22.5% on Q2 Miss and Weak Guidance
The business-services company reported weaker-than-expected Q2 results and guided down full-year targets, sparking a sharp after-hours selloff.
MicroStrategy Shifts Bitcoin Strategy—Now Open to Selling
The software company authorized up to $1.25B in Bitcoin sales to fund shareholder returns, marking a major departure from its hardline hold-forever stance. The market took it well.
Comcast Surges 23% on NBCUniversal-Sky Spinoff Plan
The cable giant announced it will split its media empire from its broadband business into a separate public company, sending Comcast and peers sharply higher.
ON Semiconductor Plunges 15% as Tech Selloff Hits Day Four
Semiconductor stocks led Friday's premarket decline as the Nasdaq marks its fourth consecutive down day.
Tech Stocks Slide as Mega-Cap Exposure Spooks Asian Markets
South Korea's Kospi plummeted 8% and triggered a trading halt as weakness in big tech names rippled globally. Nasdaq 100 futures fell 1.6%, signaling broad reassessment of concentrated positions.
Alphabet Replaces Verizon in Dow Jones Industrial Average
Alphabet replaces Verizon in the Dow Jones Industrial Average effective June 29, marking a symbolic shift away from legacy telecom toward mega-cap tech.
Micron Earnings Surge Lifts Tech Markets Past Inflation Data
Memory-chip maker Micron surged 15–18% on fiscal Q3 results, sending Nasdaq 100 futures up 1.8% and global markets higher despite core PCE inflation holding at 4.1%.