business-news

06
Jul

Stock Market News — July 06, 2026 — Morning Update — Last 12 Hours (Pacific Time)

Wall Street surged Monday on AI infrastructure deals: Broadcom locked in Apple chip supply through 2031, TeraWulf jumped 20% on a $19B Anthropic data center lease, and SK Hynix launched a record $28B U.S. listing. Chip stocks rebounded sharply while Microsoft's 4,800 job cuts tempered gains.
8 min read
25
Jun

Stock Market News — June 25, 2026 — Morning Update — Last 12 Hours (Pacific Time)

Micron Technology's record Q3 results sparked a semiconductor rally, briefly pushing its market cap past Meta and Tesla, while Qualcomm unveiled Meta as its first data center CPU customer and Applied Materials surged 7.1% on new AI chip launches. Apple's forced price hikes on Macs and iPads due to s
10 min read
21
Jun

Stock Market News — June 21, 2026 — Weekend Recap — Last 6 Hours (Pacific Time)

SK Hynix overtakes Samsung as South Korea's most valuable company, signaling strong AI memory demand, while China escalates supply chain tensions by tightening rare earth and indium export controls. IPO activity from Lime (backed by Uber) and Coowa adds cautious optimism, though geopolitical frictio
6 min read
19
Jun

Stock Market News — June 19, 2026 — Morning Update — Last 12 Hours (Pacific Time)

European stocks closed mixed Friday as cancelled U.S.-Iran nuclear talks erased gains and pressured energy markets, while BHP tumbled on a $2.3B Jansen project cost overrun. Record AI-driven inflows into U.S. equity funds provided a bright spot, offsetting geopolitical headwinds and sector-specific
8 min read
15
Jun

Stock Market News — June 15, 2026 — Evening Update — Last 12 Hours (Pacific Time)

US-Iran peace deal sends Dow to record highs and Nasdaq to best day since March, while Nvidia's blockbuster $25B bond offering and SpaceX's $3 trillion valuation surge underscore booming AI investment momentum amid geopolitical optimism.
7 min read
05
Jun

Stock Market News — June 05, 2026 — Friday Evening

Wall Street's nine-week winning streak ended Friday with the Nasdaq plummeting 4%—its worst day in over a year—as a hotter-than-expected jobs report sparked rate hike fears and triggered a $1 trillion-plus semiconductor selloff. Meta tumbled 7% on equity raise reports while SpaceX's IPO surged 2x ov
6 min read
19
May

Stock Market News — Morning Update (last 12 hours, Pacific Time) — May 19, 2026

U.S. markets fell Tuesday as chip stocks sold off ahead of Nvidia's earnings, U.S.-Iran peace talks stalled, and bond yields rose. Nvidia's after-hours results will be a key test of AI spending momentum, while Google and Blackstone's $5B AI cloud venture signals confidence in infrastructure despite
6 min read
02
May

Stock Market News — May 02, 2026

The dominant story of the day is the sudden and complete collapse of Spirit Airlines, which ceased all operations immediately on May 2nd. The bankrupt discount carrier's shutdown — described as the airline industry's first casualty of the Iran war — stranded passengers across the country and trigger
3 min read