Tech Stocks Fall Again as Selloff Deepens
QQQ slipped to 707.77 on June 21 as tech stocks logged a second straight day of sharp losses. Investors are questioning whether AI infrastructure spending will produce the profits baked…
Bobby Cook6 min read
Technology
Breaking developments in software, hardware, and innovation driving the companies at the forefront of the market.
Bobby Cook6 min read
Tesla (TSLA) Elon Musk Falls From Trillionaire Status
Tesla shares fell 5.8% in a single session this week as a broad AI valuation reset swept through tech stocks, erasing $89 billion in market cap and pulling TSLA into…
Roberto Anderson6 min read
OpenAI Custom AI Chip Takes On Nvidia
OpenAI and Broadcom have unveiled Jalapeño, a custom AI inferencing chip built in just nine months that OpenAI claims outperforms current state of the art processors. Here is what it…
Roberto Anderson5 min read
SpaceX (SPCE) Stock Drop Costs Musk Trillionaire Status
Tesla dropped 1.77% to $375.23 on June 21 as AI bubble fears and the SpaceX selloff weighed on Elon Musk's empire. With a P/E of 312 and RSI near 39,…
Bobby Cook6 min read
Qualcomm Buys Modular for 3.9 Billion
Qualcomm is paying $3.92 billion in stock for AI software startup Modular, targeting Nvidia's CUDA stronghold with a hardware-agnostic deployment platform. Here's what the deal means for data center AI…
Roberto Anderson5 min read
Alphabet (GOOGL) Joins the Dow Jones Industrial Average
Alphabet is replacing Verizon in the Dow Jones Industrial Average on June 29, 2026. With GOOGL trading at $348.73, a P/E of 31.96, and an RSI near oversold territory, here…
Bobby Cook6 min read
Qualcomm (QCOM) Acquires AI Startup Modular for $4 Billion
Qualcomm is acquiring AI inference startup Modular in an all-stock deal worth roughly $3.92 billion, issuing up to 19.2 million shares. The move puts the chipmaker in direct competition with…
Bobby Cook6 min read
SK Hynix US Listing Plans Target 2026 ADR Debut
SK Hynix filed to raise approximately $29.65 billion through a Nasdaq ADR listing, a deal that would surpass both Alibaba's 2014 U.S. IPO and Saudi Aramco's 2019 offering. Trading is…
Christina Shaw6 min read
US Online Spending Reaches $8.3 Billion on Prime Day
Amazon Prime Day 2026 opened with $8.3 billion in U.S. online spending on day one, up 5.3% year over year and the biggest e-commerce day of 2026 so far, according…
Franklin Gonzales5 min read
NXP Semiconductors (NXPI) and Universal Display (OLED) Shares Fall
NXP Semiconductors dropped nearly 7% on June 21, 2026, as an SK Hynix HBM headline rattled the AI-chip sector. Here's what the numbers actually say — and how much of…
Bobby Cook5 min read
Dow Jones Drops Verizon (VZ), Adds Near-Monopoly June 29
Alphabet is joining the Dow Jones Industrial Average on June 29, replacing Verizon Communications. With GOOGL at $346.13, a P/E of 31.73, and an RSI of 37.25, here's what the…
Franklin Gonzales6 min read
Government Shuts Down This AI Model
Fox is buying Roku for roughly $22 billion, a deal that knocked FOX shares to their 52-week low. With a P/E of 11.57 and an oversold RSI of 23, here's…
Bobby Cook6 min read
Dye & Durham CEO Steps Down
Dye & Durham's CEO George Tsivin has exited after about a year, with no reason given and a board committee now running the legal software firm. Here's what the leadership…
Roberto Anderson5 min read
Flipkart Expands Quick-Commerce Amid Amazon Rivalry
Flipkart Minutes has hit 1,000 micro-fulfillment centers in under two years and is targeting 1,500 by 2026, intensifying India's quick-commerce race against Amazon, Blinkit and Zepto as demand shifts beyond…
Franklin Gonzales6 min read
Warren Buffett's Top AI Stock to Hold Forever
Berkshire Hathaway has now committed more than $30 billion to Alphabet shares, with CEO Greg Abel adding $10 billion in a private offering. Here's what the valuation, momentum data, and…
Roberto Anderson6 min read
SpaceX vs. Nvidia: Best AI Stock to Buy
Nvidia slid to $200.04 as investors weighed the GPU giant against SpaceX, the newest mega-cap AI play. We break down growth, valuation and the bull-versus-bear case using the real numbers.
Bobby Cook5 min read
Super Micro Computer (SMCI) Hits 18-Month Valuation Low
Super Micro Computer shares fell 5.27% to $33.32 on June 21, 2026, pressured by a $7 billion equity offering and persistent margin erosion. With a forward P/E below 10x, the…
Roberto Anderson6 min read