primeimages/iStock via Getty Images The Nasdaq-100 ( NDX ) is suffering a sharp selloff on Friday, falling 3.4% as a risk-off mood swept across Wall Street and weighed heavily on investor sentiment. The decline puts the technology-focused index on pace for its largest single-day drop since October 10, 2025, highlighting growing pressure across growth and semiconductor shares. Market breadth remain...
primeimages/iStock via Getty Images The Nasdaq-100 ( NDX ) is suffering a sharp selloff on Friday, falling 3.4% as a risk-off mood swept across Wall Street and weighed heavily on investor sentiment. The decline puts the technology-focused index on pace for its largest single-day drop since October 10, 2025, highlighting growing pressure across growth and semiconductor shares. Market breadth remained firmly negative, with 65 of the index’s 100 constituents trading lower during the session. Among the hardest-hit stocks, Arm Holdings ( ARM ) has led losses, plunging 11.3% and emerging as the weakest performer in the benchmark index. The broad-based retreat underscores heightened caution among investors as selling pressure accelerates across major technology names. A list of the 15 worst-performing Nasdaq-100 components on Friday’s session is provided below. Arm Holdings ( ARM ), -11.3%. Marvell Technology ( MRVL ), -10.2%. SanDisk Corporation ( SNDK ), -9.9%. QUALCOMM ( QCOM ), -9.5%. Micron Technology ( MU ), -9.2%. Advanced Micro Devices ( AMD ), -9.1%. Western Digital ( WDC ), -8.2%. Intel ( INTC ), -8%. Insmed ( INSM ), -8%. Monolithic Power Systems ( MPWR ), -7.9%. Strategy Inc. ( MSTR ), -7.8%. NXP Semiconductors ( NXPI ), -7.1%. Lam Research ( LRCX ), -6.8%. KLA Corporation ( KLAC ), -6.7%. Applied Materials ( AMAT ), -6.5%. Nasdaq ETFs: ( QQQ ), ( QQQM ), ( SQQQ ), ( TQQQ ), ( QLD ), and ( QID ). More on markets Bitcoin breaks below $60K as risk-off sentiment intensifies Dividend Roundup: UnitedHealth Group, Verizon, Alphabet, American Express, and more Treasury yields jump after May payrolls crush expectations Nonfarm payrolls soar past consensus in May; unemployment rate holds at 4.3% AI-powered startup boom could bring major labor market shifts, Apollo says
primeimages/iStock via Getty Images The Nasdaq-100 ( NDX ) is suffering a sharp selloff on Friday, falling 3.4% as a risk-off mood swept across Wall Street and weighed heavily on investor sentiment. The decline puts the technology-focused index on pace for its largest single-day drop since October 10, 2025, highlighting growing pressure across growth and semiconductor shares. Market breadth remain...
primeimages/iStock via Getty Images The Nasdaq-100 ( NDX ) is suffering a sharp selloff on Friday, falling 3.4% as a risk-off mood swept across Wall Street and weighed heavily on investor sentiment. The decline puts the technology-focused index on pace for its largest single-day drop since October 10, 2025, highlighting growing pressure across growth and semiconductor shares. Market breadth remained firmly negative, with 65 of the index’s 100 constituents trading lower during the session. Among the hardest-hit stocks, Arm Holdings ( ARM ) has led losses, plunging 11.3% and emerging as the weakest performer in the benchmark index. The broad-based retreat underscores heightened caution among investors as selling pressure accelerates across major technology names. A list of the 15 worst-performing Nasdaq-100 components on Friday’s session is provided below. Arm Holdings ( ARM ), -11.3%. Marvell Technology ( MRVL ), -10.2%. SanDisk Corporation ( SNDK ), -9.9%. QUALCOMM ( QCOM ), -9.5%. Micron Technology ( MU ), -9.2%. Advanced Micro Devices ( AMD ), -9.1%. Western Digital ( WDC ), -8.2%. Intel ( INTC ), -8%. Insmed ( INSM ), -8%. Monolithic Power Systems ( MPWR ), -7.9%. Strategy Inc. ( MSTR ), -7.8%. NXP Semiconductors ( NXPI ), -7.1%. Lam Research ( LRCX ), -6.8%. KLA Corporation ( KLAC ), -6.7%. Applied Materials ( AMAT ), -6.5%. Nasdaq ETFs: ( QQQ ), ( QQQM ), ( SQQQ ), ( TQQQ ), ( QLD ), and ( QID ). More on markets Bitcoin breaks below $60K as risk-off sentiment intensifies Dividend Roundup: UnitedHealth Group, Verizon, Alphabet, American Express, and more Treasury yields jump after May payrolls crush expectations Nonfarm payrolls soar past consensus in May; unemployment rate holds at 4.3% AI-powered startup boom could bring major labor market shifts, Apollo says
KE ZHUANG/E+ via Getty Images By Anshuman Gupta, Product Manager, Sustainable Investment Key highlights As the low-carbon transition progresses, investors are increasingly incorporating climate considerations into portfolio construction, seeking to balance risk management with long-term opportunity capture. Sustainable infrastructure is drawing greater interest within asset allocation discussions,...
KE ZHUANG/E+ via Getty Images By Anshuman Gupta, Product Manager, Sustainable Investment Key highlights As the low-carbon transition progresses, investors are increasingly incorporating climate considerations into portfolio construction, seeking to balance risk management with long-term opportunity capture. Sustainable infrastructure is drawing greater interest within asset allocation discussions, offering exposure to companies supporting decarbonisation, the energy transition and climate resilience. The FTSE Sustainable Infrastructure Index Series is designed to facilitate access to this evolving segment. Multiple megatrends driving sustainable infrastructure: Energy transition, digital infrastructure, climate adaptation and resource efficiency are driving building and upgrading of sustainable infrastructure. Structural and financial drivers: Global infrastructure deficit, public sector indebtedness and investor interest in the asset class are driving private capital flows. Targeted climate exposure: Provides liquid and diversified access to listed infrastructure equities linked to energy transition and climate adaptation themes. Three offerings: Comprises the FTSE Global Core Infrastructure TPI Climate Transition Index, the FTSE Global Core Infrastructure 50/50 CTB Index and the FTSE Green Revenues Select Infrastructure and Industrials Index. Noteworthy performance: The FTSE Green Revenues Select Infrastructure and Industrials Index outperformed conventional infrastructure benchmarks over the eight-year period ended December 2025. Global megatrends shaping sustainable infrastructure Defining sustainable infrastructure for a resilient future Sustainable infrastructure is increasingly recognised as a driver of inclusive growth, climate resilience and long-term value creation. As defined by leading global institutions including the United Nations 1 , World Bank 2 , OECD 3 and World Economic Forum 4 , sustainable infrastructure encompasses systems that are planned, bu...
Tesla (NASDAQ:TSLA) sits in an awkward place. Q1 2026 showed automotive gross margin rebounding to 21.1% from 16.2% a year earlier, FSD subscriptions hit 1.28 million (+51% YoY), and free cash flow more than doubled to $1.444 billion. Yet shares closed at $418.45, down 6.95% YTD. Can Tesla reach $500 this cycle? What’s Holding Tesla ... Prediction: Tesla Stock Will Hit $500 on This Date
Tesla (NASDAQ:TSLA) sits in an awkward place. Q1 2026 showed automotive gross margin rebounding to 21.1% from 16.2% a year earlier, FSD subscriptions hit 1.28 million (+51% YoY), and free cash flow more than doubled to $1.444 billion. Yet shares closed at $418.45, down 6.95% YTD. Can Tesla reach $500 this cycle? What’s Holding Tesla ... Prediction: Tesla Stock Will Hit $500 on This Date
putilich/iStock via Getty Images I am fascinated by Hyperliquid's cryptocurrency, HYPE ( HYPE-USD ). It's a later breed of crypto. It's not like Bitcoin ( BTC-USD ) or ETH ( ETH-USD ). I think it's a lot like a stock. There's actual stock on the table too. I'm talking about Hyperliquid Strategies Inc. ( PURR ). They're a digital asset treasury ("DAT"). Let's look at which is better. First, explain...
putilich/iStock via Getty Images I am fascinated by Hyperliquid's cryptocurrency, HYPE ( HYPE-USD ). It's a later breed of crypto. It's not like Bitcoin ( BTC-USD ) or ETH ( ETH-USD ). I think it's a lot like a stock. There's actual stock on the table too. I'm talking about Hyperliquid Strategies Inc. ( PURR ). They're a digital asset treasury ("DAT"). Let's look at which is better. First, explaining the Hyperliquid blockchain . It's an exchange as much as a chain. That's what makes it special. The HyperCore component handles the trading. It earns trading fees. HyperEVM allows for more general smart contracts. It earns gas fees. Both are done in USD. Hyperliquid Daily Revenue History (tokenterminal.com) The chain's daily revenue is recently around $2M. Almost all of this is trading fees. This is where the Assistance Fund comes in. 99% of trading fees go to it. It uses the USD to buy back HYPE. People love this. It reduces supply. It creates upside. I think there's tunnel vision on buybacks. Let's take a step back. They're possible because of revenue. Revenue is essentially free cash flow for a chain. HYPE is not just any cryptocurrency. It has fundamentals. Annualized, it's about $730M in revenue. HYPE Market Cap (CoinMarketCap.com) The market cap is near $17B. Roughly, that's a P/E of 23x. Look at that. We can talk about HYPE almost like it's a stock. This might explain why PURR exists. CEO David Schamis said the following : I would say that we are corporate finance geeks before we are crypto zealots is the way I would describe us. PURR Dashboard PURR has $1.6B of HYPE. They are the largest HYPE treasury . Sort of like the Strategy ( MSTR ) of HYPE. So they should share in its upside. What's the advantage of PURR? Balance Sheet (Q3 Fiscal 2026 Form 10Q) Normally, a DAT would give levered upside. They'd use bonds for this. It avoids margin calls and the like. PURR's balance sheet shows no debt. They just use equity. What about operating leverage? Income Statement (Q...
jinhongljh/iStock via Getty Images Samsara Inc. ( IOT ) stock has recently enjoyed a rally after selling off earlier this year with a lot of similar companies. In the last few weeks, however, it has been riding a wave of momentum alongside other premium tech names. And folks, it does seem the company is solidifying its position as a critical infrastructure play in the physical economy. This name i...
jinhongljh/iStock via Getty Images Samsara Inc. ( IOT ) stock has recently enjoyed a rally after selling off earlier this year with a lot of similar companies. In the last few weeks, however, it has been riding a wave of momentum alongside other premium tech names. And folks, it does seem the company is solidifying its position as a critical infrastructure play in the physical economy. This name is interesting. It has evolved rapidly from a traditional fleet tracking and telematics vendor into a massive, AI-driven connected operations platform. So, it sits in sort of a unique space between physical, real-world assets like shipping, construction, and manufacturing, as well as future, high-margin AI potential. In today’s column, we provide an overview of the company and discuss the just-reported fiscal Q1 2027 earnings . What does this company do? Well, we will try to make it simple. By taking an approach where it combines Internet-of-Things (so-called IoT) sensors, video safety, and machine learning under one umbrella, it has some interesting future tailwinds. This is because so many legacy industries are spending capex to modernize their operations, automate manual workflows, and combat labor issues. So, it is an operational data company that is trying to prevent accidents, reduce fuel waste, and optimize heavy equipment on the fly. It does this by creating a real-time data cloud across commercial fleets and industrial environments. For example, in shipping, it does not just track where a truck is but goes a step further to act as an intelligent co-pilot. It can flag distracted drivers, predict engine failures, and help automate compliance. So, it's a bit of a software-as-a-service (or SaaS) company, but it is one that is completely tied to the real physical world. Fears persist over all these software names getting hit because company spending is being displaced by AI. However, as we have been telling our members, the software winners here are incorporating it. Sam...
watch now VIDEO 46:36 46:36 The fix for overspending on AI is a problem for OpenAI and Anthropic Tech A new spending discipline is taking hold inside corporate America, as CFOs and boards start cracking down on inefficient artificial intelligence spending. The change has the potential to reshape the AI trade. For the past two years, the playbook has been to default to the most powerful AI model an...
watch now VIDEO 46:36 46:36 The fix for overspending on AI is a problem for OpenAI and Anthropic Tech A new spending discipline is taking hold inside corporate America, as CFOs and boards start cracking down on inefficient artificial intelligence spending. The change has the potential to reshape the AI trade. For the past two years, the playbook has been to default to the most powerful AI model and direct all queries through it, regardless of complexity. Now, with AI bills running far ahead of budgets, companies are starting to ask whether every task actually needs the frontier. Two leaders at the center of the AI buildout told CNBC this week that a solution is emerging: model routing. What is model routing? Routing is a tool that matches the job to the model, sending hard problems to the expensive frontier models and easy ones to cheaper, faster alternatives. Scott Wu, CEO of Cognition, which makes the coding agent Devin, said the gains on routine work are enormous. For a lot of the boilerplate work, he said, companies can get five to 10 times better cost efficiency using models that are still good enough for the task. Most companies today aren't routing at all. Glean CEO Arvind Jain has estimated that roughly 95% of enterprise AI usage is still running on the most expensive frontier models, even for tasks that cheaper alternatives could easily handle. Wu gave the example of asking a model to name the third U.S. president. Each one, no matter how expensive, will tell you it was Thomas Jefferson. Arvind Jain, CEO of Glean, on SaaS Monster stage during day one of Web Summit 2022 at the Altice Arena in Lisbon, Portugal, on Nov. 2, 2022. Harry Murphy | Sportsfile | Getty Images The pressure behind the shift is a cost curve that has surprised even the biggest tech companies. Jeetu Patel, chief product officer at Cisco , laid out the math. At roughly $200 of token usage per employee per week, that's about $10,000 a year per person. With 90,000 employees, a company is loo...
ASML Holding N.V. ( ASML ) shares snap six straight sessions of gains on Friday, as the stock was 3.8% lower at $209.39. The semiconductor equipment systems manufacturer gained 9.5% in the preceding six sessions. So far this year, the stock has surged about 59%, compared to the 11% rise in the broader S&P 500 Index ( SP500 ). ASML is up 8% over the past one month. Chip and AI-related stocks slumpe...
ASML Holding N.V. ( ASML ) shares snap six straight sessions of gains on Friday, as the stock was 3.8% lower at $209.39. The semiconductor equipment systems manufacturer gained 9.5% in the preceding six sessions. So far this year, the stock has surged about 59%, compared to the 11% rise in the broader S&P 500 Index ( SP500 ). ASML is up 8% over the past one month. Chip and AI-related stocks slumped in the day as the broader market also saw red amid the May labor report and complications surrounding prospects for a U.S.-Iran peace deal. Looking at Seeking Alpha's Quant Rating, ASML has a Hold rating with a score of 3.5 out of 5. The company received A+ in the prospect of profitability, while it received F in the valuation factor. Seeking Alpha analysts are cautious and see the stock as a Hold. Turning to the Wall Street , 38 analysts have given the stock a Buy or above rating. Four gave the stock hold recommendation, while two gave Sell or lower rating to ASML. “ASML has rebounded 152% from 2025 lows, driven by surging AI infrastructure demand and memory chip shortages fueling new fab investments,” pointed out a recent Seeking Alpha analysis. More on ASML Holding ASML: What If The Semiconductor Market Matures In 2050? ASML: I Called The Supercycle - Here's What Comes Next ASML's Ride Won't Last Forever Alphabet, ASML among new Q1 additions at Baron Opportunity Fund; Microsoft exited Nikon to price chip equipment lower than ASML: report
My hopes were high for the new Prime Video superhero series Spider-Noir , based on all those amazing trailers . But I also had some trepidation. Could the actual series live up to the hype? As it turns out, yes, it could. Spider-Noir is a triumph, fusing fast-paced storytelling, compelling characters, gorgeous cinematography and production design, and whip-smart dialogue into a hugely entertaining...
My hopes were high for the new Prime Video superhero series Spider-Noir , based on all those amazing trailers . But I also had some trepidation. Could the actual series live up to the hype? As it turns out, yes, it could. Spider-Noir is a triumph, fusing fast-paced storytelling, compelling characters, gorgeous cinematography and production design, and whip-smart dialogue into a hugely entertaining, loving homage to a magical bygone era. (Some spoilers below, but no major reveals.) Read full article Comments
This week, the Everybody's Business podcast asked moviegoers which summer movies they are most excited to see. Bloomberg's Lucas Shaw joins Stacey Vanek Smith and Max Chafkin to unpack why movies like Backrooms and Obsession coming from two young, YouTube-famous directors, have become surprise hits. (Source: Bloomberg)
This week, the Everybody's Business podcast asked moviegoers which summer movies they are most excited to see. Bloomberg's Lucas Shaw joins Stacey Vanek Smith and Max Chafkin to unpack why movies like Backrooms and Obsession coming from two young, YouTube-famous directors, have become surprise hits. (Source: Bloomberg)
PM rebuffs US state department’s criticism, adding police response to murder of Henry Nowak is under review Keir Starmer has rejected the claim that the UK is subject to “two-tier policing” after the Trump administration suggested it was evident in the response to the murder of the teenager Henry Nowak. The prime minister said the UK must not shy away from asking difficult questions of the police ...
PM rebuffs US state department’s criticism, adding police response to murder of Henry Nowak is under review Keir Starmer has rejected the claim that the UK is subject to “two-tier policing” after the Trump administration suggested it was evident in the response to the murder of the teenager Henry Nowak. The prime minister said the UK must not shy away from asking difficult questions of the police after officers handcuffed Nowak as he lay dying from stab wounds after his killer, Vickrum Digwa, had falsely accused him of racist abuse. Digwa was ultimately convicted of murder and jailed for life with a minimum of 21 years. Continue reading...
Applied Materials ( AMAT ) shares are on track to snap six straight sessions of gains, as the stock fell over 6% to $468.08 on Friday. Most chip and AI-related stocks slumped on Friday as the broader market also saw red amid the May labor report and complications surrounding prospects for a U.S.-Iran peace deal. The tech-focused Nasdaq Composite ( COMP:IND ) fell 3% in afternoon trading. Santa Cla...
Applied Materials ( AMAT ) shares are on track to snap six straight sessions of gains, as the stock fell over 6% to $468.08 on Friday. Most chip and AI-related stocks slumped on Friday as the broader market also saw red amid the May labor report and complications surrounding prospects for a U.S.-Iran peace deal. The tech-focused Nasdaq Composite ( COMP:IND ) fell 3% in afternoon trading. Santa Clara, California-based Applied Materials gained about 12% in the preceding six sessions. Overall, the stock rose over 80% so far this year, outperforming the nearly 11% rise in the broader S&P 500 Index. AMAT is up over 13% over the past one month. The semiconductor firm’s stock closed marginally higher on Thursday at $501.70. Looking at Seeking Alpha's Quant Rating, AMAT has a Hold rating with a score of 3.48 out of 5. The company received an A+ in the prospect of profitability, while it got an F in the valuation factor. However, Seeking Alpha analysts and Wall Street are bullish on the stock. Turning to the Wall Street community, 32 analysts gave AMAT a Buy and above, eight analysts have given the stock a Hold recommendation, and no one recommended Sell or lower. Seeking Alpha analysts also see the stock as a Buy . “Applied Materials, Inc. is a top 'picks and shovels' play in the semiconductor equipment space, benefiting from broad chip demand and recent U.S. production catalysts,” said Seeking Alpha analyst Jack Bowman. Meanwhile, Seeking Alpha analyst Grant Gigliotti believes the stock is overpriced. “In addition, it’s currently selling at an all-time high. Therefore, since this company and industry tend to have a great deal of volatility, I will wait until the next significant decline before I consider buying. This way, I can reduce my risk and increase my potential gains by buying at a bargain price,” Gigliotti added. More on Applied Materials Applied Materials And Its Real Value Insider trades: Baidu, Target among notable names Goldman Sachs sees funds fleeing software...
The announcement was made by both countries Friday a day after North Korea unveiled a new facility to produce nuclear fuel. (Image credit: Ahn Young-joon)
The announcement was made by both countries Friday a day after North Korea unveiled a new facility to produce nuclear fuel. (Image credit: Ahn Young-joon)