Market news
Crypto, stocks, forex and macro, aggregated for traders.
Apple Plans First Touchscreen MacBook Pro Later This Year
Apple is reportedly preparing to launch its first touchscreen MacBook Pro this year, marking a major shift from its long-standing opposition to touchscreen Macs. The device would combine traditional laptop functionality with touch input, potentially strengthening Apple's position in the premium laptop market.
Dow Jones Industrial Average Rallies 1%, Nears 52,000
The Dow Jones Industrial Average posted a weekly gain of over 1%, closing just below 52,000, with the record high near 52,300 still in sight.
Retail Investors Flood Chip ETFs with $22.5B Year-to-Date
Retail investors have purchased a record $22.5 billion in US-listed semiconductor ETFs year-to-date, with monthly purchases reaching $12 billion in the past month, the highest on record. Options spending on chip stocks also hit new highs.
Many Tech Stocks Are in Bear Market Territory, Down Up to 69% from Highs
A list of major tech stocks shows declines ranging from 12% to 69% from their record highs, indicating that several are deep in bear market territory, even as the S&P 500 remains relatively resilient.
Rotation Hits AI Stocks: Palantir, Oracle Lead S&P 500 Declines
A rotation in US stocks is hitting AI-related names hardest, with Palantir and Oracle dropping 18% and 16% respectively.
Apple Shares Slump on Rising Chip Cost Headwinds
Apple stock fell sharply on June 26 as price increases on MacBooks and iPads to offset surging memory and storage chip costs weighed on investor sentiment.
Tech Selloff Spreads to Asia as Risk Sentiment Weakens – DB
Deutsche Bank strategists note that technology weakness extended from the Magnificent 7 and Apple into Asian markets, weighing on risk sentiment and US equities despite resilience in chip stocks.
HSBC Raises Micron Price Target to $170 on AI Memory Demand
HSBC has increased its price target for Micron Technology to $170 from $110, citing strong AI-driven memory demand.
Apple Stock Falls 6% on Price Hikes, Chip Shortage Fears
Apple shares dropped over 6% on Thursday after the company announced price increases, raising concerns about margin pressure from chip shortages and rising input costs.
Dow Jones Futures Fall on Energy, Geopolitical Anxieties
Dow Jones futures declined 0.13% to near 52,270 in early European trading on Friday, while S&P 500 and Nasdaq 100 futures also dropped amid energy and geopolitical concerns.
Danske Bank: Rotation in Equities Continues with Strong Macro Backdrop
Danske Research highlights ongoing sector and regional rotation in global equities, noting that European and Asian stocks are advancing while US equities lag.
Asian Markets Tumble as Apple Price Hike Stirs Inflation Fears; KOSPI Drops Over 8%
Asian equity markets slumped on Friday, with South Korea's KOSPI falling over 8%, after Apple's price increase due to memory chip shortages fueled global inflation fears and concerns about corporate earnings.
Retail Investors Buy Record $12 Billion in US Semiconductor ETFs
Retail investors purchased a record ~$12 billion in US semiconductor ETFs over the past month, with inflows surging 1,200% since April, indicating aggressive retail participation in AI and chip stocks.
Thndr Launches Digital Gold Investment Product
Thndr has introduced Thndr Gold, allowing users to buy, sell and track 24-karat gold from 0.001 gram. The product aims to make gold investment more accessible through transparent pricing and secure storage.
flatexDEGIRO Accelerates Growth, Expects 2027 Targets a Year Early
flatexDEGIRO now forecasts 2026 revenue of around €650 million and net income of about €200 million, hitting its 2027 financial goals one year ahead of schedule.
Samsung Group May Invest KRW 1,000 Trillion in South Korea Over Next Decade
Media reports suggest Samsung Group could invest KRW 1,000 trillion in South Korea over the next 10 years, including KRW 300 trillion from Samsung Electronics for new chip factories.
BHP Group names Brandon Craig as CEO, splits Americas role
BHP Group has appointed Brandon Craig as CEO and director effective July 1, 2026, as part of a broader leadership restructuring. The company also split its President Americas role into separate North and South America positions.
Beijing Tong Ren Tang Healthcare Launches HK IPO of 108.15M Shares
Beijing Tong Ren Tang Healthcare Investment Co has launched a global offering of 108.15 million H shares, with a maximum offer price of HK$6.21 per share.
Semiconductor Index Faces Elliott Wave Resistance, Pullback Targets Seen
The Philadelphia Semiconductor Index (SOX) is encountering Elliott Wave resistance, with analysts highlighting emerging targets for the next pullback.
Micron Overtakes Nvidia, Tesla as Most Traded US Stock with $70B Daily Turnover
Micron's daily turnover surpassed $70 billion for the first time, making it the most traded US stock and overtaking Nvidia and Tesla. The stock has surged 268% year-to-date and is the largest contributor to the S&P 500's 2025 gain.
Microsoft Raises Xbox Prices Following Apple's Price Hikes
Microsoft announced price increases for Xbox devices due to memory chip costs, shortly after Apple raised prices on MacBooks and iPads.
Micron's Market Cap Surges from $60B to $1.3T in 15 Months
A tweet from The Kobeissi Letter highlights Micron's extraordinary growth, with market cap rising from $60 billion to $1.3 trillion and quarterly revenue jumping from $8.1 billion to $41.5 billion over 15 months.
Dow Hits Record 52,650 But Rally Questioned
The Dow Jones Industrial Average reached a new intraday high near 52,650 before retreating to 52,200, but the move is seen as lacking broad market support.
Micron Stock Surges 18% on Strong AI-Driven Revenue Forecast
Micron Technology shares jumped roughly 18% at the open after the company issued a better-than-expected revenue outlook, fueled by booming demand for AI memory chips.