Understanding why this year’s top stock market dropped into bear territory.

Asian markets prepare for a varied opening as chip decline impacts mood: Live updates

Currency traders keep a close eye on exchange rates while the Korean Standard Stock Price Index (KOSPI) is shown on a screen in Hana Bank’s main branch in Seoul, as of June 23, 2026. The KOSPI, known globally as a major stock index, has recently dipped into bearish territory, reflecting investors’ hesitance towards artificial intelligence […]

Midday stock movements: Broadcom, Chevron, Alibaba, Carnival, and others

Midday stock movements: Broadcom, Chevron, Alibaba, Carnival, and others

Market Updates on Key Companies Broadcom saw a 6% increase in its stock price following Apple’s announcement of an expanded collaboration between the two firms. This new, multi-year agreement is valued at over $30 billion and will produce 15 billion chips manufactured in the U.S. Additionally, the deal includes plans for the Broadcom facility in […]

RIVN Stock Drops Overnight: Rivian Director and Foundation Submit Stock Sale Notices During $1.5B Offering Plan

RIVN Stock Drops Overnight: Rivian Director and Foundation Submit Stock Sale Notices During $1.5B Offering Plan

RIVN Director Announces Foundation File Stock Sale Director Karen Boone has filed to sell 20,000 shares of Rivian stock, which is valued at about $372,600. Simultaneously, the Rivian Foundation has submitted a request to sell 166,668 shares worth approximately $3.11 million. Altogether, these transactions involve 186,668 shares totaling around $3.48 million. In another development, Rivian […]

Micron (MU) Stock Encounters Michael Burry’s Short as Legal Concerns Persist

Micron (MU) Stock Encounters Michael Burry's Short as Legal Concerns Persist

Michael Varley has taken a short position in Micron Technology (NasdaqGS:MU), which is currently one of the most talked-about stocks in the AI hardware sector. This move is particularly interesting given that Micron has just announced record profits backed by increasing demand for AI-related memory products and solid long-term contracts with its customers. Investors are […]