Global Chip Rout Deepens as AI Spending Doubts Spark $1 Trillion Nasdaq Selloff
Markets Daniel Marsh

Global Chip Rout Deepens as AI Spending Doubts Spark $1 Trillion Nasdaq Selloff

A global semiconductor selloff erased over $1 trillion in Nasdaq 100 premarket value as investors fret over AI infrastructure returns. South Korea's KOSPI plunged 10% and chip heavyweights like SK Hynix and Samsung tumbled more than 12%.

NVDA INTC MRVL AMD MU ASML IFNNY AVGO SSNLF
Micron Earnings Test AI Rally as Memory Demand Surges
Earnings James Calloway

Micron Earnings Test AI Rally as Memory Demand Surges

Micron shares fall 8% premarket ahead of earnings. Wall Street expects a beat, but analysts warn margins and outlook could disappoint despite surging AI memory demand.

MU SSNLF AMZN GOOGL MSFT
Ondas Shares Dip on Defense Order Resale Filing
Markets Daniel Marsh

Ondas Shares Dip on Defense Order Resale Filing

Ondas (ONDS) shares dropped 2.47% premarket to $8.67, despite announcing over $40M in June defense orders, as a resale filing for 3.13 million shares tempered investor enthusiasm.

ONDS
MARA Holdings Slips in Premarket as Bitcoin and Nasdaq Weakness Weigh on Crypto-AI Play
Crypto Sarah Chen

MARA Holdings Slips in Premarket as Bitcoin and Nasdaq Weakness Weigh on Crypto-AI Play

MARA Holdings fell 3.16% in premarket trading Tuesday after shareholders approved an 18 million-share increase to its equity incentive plan, as bitcoin and Nasdaq weakness weighed on the stock.

MARA RIOT IREN CIFR
Microsoft Gains Premarket on Chevron Power Deal, AI Spending Concerns Linger
Technology Sarah Chen

Microsoft Gains Premarket on Chevron Power Deal, AI Spending Concerns Linger

Microsoft shares gained 1.1% in premarket trading after announcing a 20-year Chevron power deal for a Texas AI data center, but broader tech selloff and AI spending concerns persist.

MSFT CVX AMZN META GOOGL GOOG
Infleqtion Gains Premarket on White House Quantum Push and Space Coalition
Technology Sarah Chen

Infleqtion Gains Premarket on White House Quantum Push and Space Coalition

Infleqtion surged 5.09% to $14.93 premarket after a White House order boosted quantum tech efforts and the company launched a quantum-space coalition.

IONQ RGTI QBTS
Unifor Sets July 10 Deadline for Ford Contract Talks in Canada
Markets Daniel Marsh

Unifor Sets July 10 Deadline for Ford Contract Talks in Canada

Ford (F) shares slipped in premarket trading as Unifor launched contract talks with a July 10 deadline, targeting better pay and job security for Canadian autoworkers.

F GM STLA
SoFi Shares Dip on Stablecoin Listing Amid Broader Market Selloff
Crypto Sarah Chen

SoFi Shares Dip on Stablecoin Listing Amid Broader Market Selloff

SoFi stock slipped 2.3% premarket after Bullish listed SoFiUSD stablecoin, as Nasdaq futures fell over 2% on rate and AI spending worries.

SOFI
Alphabet Loses $225B in Market Cap as AI Researchers Exit to Rivals
Technology Sarah Chen

Alphabet Loses $225B in Market Cap as AI Researchers Exit to Rivals

Alphabet lost $225 billion in market value after two top AI researchers left for OpenAI and Anthropic, sparking investor doubts about talent retention and AI strategy.

GOOGL BRK.B
Tech Sell-Off Deepens on Rate Fears and AI Debt Concerns
Markets Daniel Marsh

Tech Sell-Off Deepens on Rate Fears and AI Debt Concerns

Nasdaq 100 futures tumbled 2.42% premarket as investors fled AI stocks, pressured by rate hike fears and debt concerns. Nvidia and Alphabet led the decline.

NVDA GOOGL INTC MRVL AMD SMH QQQ SPY
Oil Prices Decline as US Waiver Eases Iran Supply Fears
Commodities Rebecca Torres

Oil Prices Decline as US Waiver Eases Iran Supply Fears

Oil prices slid for a second day as a US waiver on Iranian oil sales and resumed Strait of Hormuz tanker traffic eased supply fears.

USO
Netflix Hits 52-Week Low as Meta Expands TV Reach; Analysts Question 2027 Outlook
Markets Daniel Marsh

Netflix Hits 52-Week Low as Meta Expands TV Reach; Analysts Question 2027 Outlook

Netflix shares dropped to a 52-week low as subscriber churn and Meta's TV expansion weigh. Analysts warn 2027 forecasts leave little room for upside.

NFLX META