Before Monday's US market open, the month-long correction in chip stocks showed signs of a temporary pause, with AI favorites like the "top five memory giants" rallying across the board. As of press time, Nasdaq 100 Index Futures (September 2026 contract) rose...
Lately, global AI plays—particularly semiconductor equities—have weathered a painful correction. Driven down by a rout in memory names, South Korea’s KOSPI index gave up 25% from its peak, while the Philadelphia Semiconductor Index (SOX) slid...
Over the past month, Meta's stock price surged 11%, while the S&P 500 rose only 0.76% over the same period, significantly outperforming the market. In just one short month, Meta's market logic has been fundamentally rewritten. The trigger for this strong r...
AI-led selling continued as the Philadelphia Semiconductor Index entered bear-market territory, while resilient early earnings helped limit broader downside. Energy advanced amid renewed risk concerns; Treasury yields eased and the U.S. dollar remained broadly...
U.S. stock index futures moved sharply lower in premarket trading on Friday (July 17) as intensifying concerns over artificial intelligence spending continued to weigh on global financial markets. As of press time, Dow Jones Industrial Average futures slid 0.6...
China A-Shares At close, the Shanghai Composite Index fell 3.05% to 3,764.15 points; the Shenzhen Component Index dropped 5.40% to 13,706.88 points; the ChiNext Index plunged 7.15%, and the STAR 50 Index sank 7.12%. The market trended unilaterally lower throug...
In the early hours of July 17, U.S. memory stocks suffered a collective routing, with SK Hynix plunging over 13% and Micron falling over 5%. The Philadelphia Semiconductor Index plummeted 4.29% in a single day. Prior to this, memory chip concept stocks in A-sh...
Japanese memory chipmaker Kioxia Holdings Corp. plunged as much as 16% in Friday morning trading, marking a 52% decline from its peak last month. This rapid descent means the company has shed half its market value just a month after claiming the title of Japan...
Chip-sector selloff deepened for a second day as Google Gemini delay reports and memory oversupply fears dragged Nasdaq lower. TSMC’s blowout 77% YoY profit failed to lift the sector. Netflix missed Q3 guidance after hours. Healthcare outperformed on Mer...
US equity futures edged lower on Thursday, with Nasdaq 100 futures sliding 1% as a post-earnings decline in TSMC dragged down the broader semiconductor sector. Major European indices all trended downward. Data released pre-market showed US retail sales rose 0....
China A-Shares The Shanghai Composite fell 1.85% to 3,882.41, and the ChiNext dropped 2.95% to 3,692.46, with the STAR 50 down 4.02%. The Shanghai Composite slipped below 3,900 as a sector-wide correction in semiconductors triggered intense selling across grow...
The Port of Los Angeles, the busiest container seaport in the United States, announced on Wednesday that its June container throughput hit an all-time high. The surge was driven by cargo owners—ranging from retailers to data center developers—scram...
Why did the semiconductor sector lose its footing today despite ASML’s blowout earnings? The knee-jerk reaction in the market stems from a common anxiety: if the demand for lithography machines is this strong, does it mean that memory and logic chipmaker...
Indices edged higher on back-to-back cooling inflation prints and strong bank earnings, but memory stocks cratered 8–9% and SpaceX fell for a fourth day. Fed July hike odds dropped to 10.2%, yet Hormuz tensions and renewed energy price risk keep sentimen...
U.S. stock index futures edged higher on Wednesday, led by chip stocks, while major European indices turned in a mixed performance. Pre-market data showed U.S. June PPI rose 5.5% YoY (vs. 6.2% exp) and fell 0.3% MoM (vs. flat exp). Core PPI increased 4.7% YoY...
Goldman Sachs delivered a stellar Q2 2026 earnings report, handily beating Street estimates. Beyond a booming investment banking division, its equities trading desk clinched a historic high, fixed-income rebounded from a prior-quarter slump, and both its effic...
Following a brutal sell-off in the previous session, South Korean equities rebounded sharply, triggering temporary programmatic trading curbs (Sidecar) for five minutes on both the benchmark KOSPI and tech-heavy KOSDAQ. Market volatility continues to intensify...
Cooler-than-expected CPI and strong Q2 bank earnings lifted all three major indices. Fed hold probability jumped to 83.4% for July, easing near-term rate hike fears. Geopolitical risk around Hormuz remains a watchpoint for energy prices and inflation. Daily Ma...
U.S. June CPI rose 3.5% YoY (vs. 3.8% exp; 4.2% prior) and fell 0.4% MoM (vs. -0.1% exp; +0.5% prior). Core CPI rose 2.6% YoY (vs. 2.8% exp; 2.9% prior) and remained unchanged MoM (vs. +0.2% exp), pushing Nasdaq futures up over 1%. IBM plunged over 22% pre-mar...
China A-Shares The Shanghai Composite rose 1.36% to 3,967.13; the Shenzhen Component gained 2.77% to 14,924.87; and the ChiNext Index surged 3.43% to 3,851.14, while the STAR 50 added 0.77%. Markets staged a sharp V-shaped afternoon reversal as institutional f...
