Wall St ends mixed as tech megacap declines outweigh upbeat chip outlook

Wall St ends mixed as tech megacap declines outweigh upbeat chip outlook

By Abigail Summerville, Twesha Dikshit and Joel Jose

Thu June 25, 2026  

Micron came in with a boffo report and as I noted yesterday, that doesn’t necessarily equate to another rally as other factors could come into play. That is in fact exactly what happened today. Fears of AI companies overspending took priority over both Micron and Qualcomm turning in good reports. In fact, investors are now looking at it as a zero-sum game. That is, any revenues and profits the winners are making have to be coming out of other companies’ hides. Both the S&P and Nasdaq spent much of the day in the red with the Nasdaq dipping to a 3-digit loss and the S&P closing just barely even.  

Nasdaq, S&P end lower as tech stocks fall

Nasdaq, S&P end lower as tech stocks fall

By Abigail Summerville, Twesha Dikshit and Joel Jose

Wed June 24, 2026  

Continuing concerns over AI companies running too hot caused tech once again to go into a bit of a slump, though the day started quite positive with both the S&P and Nasdaq well into the black, the latter up over 250 at noon before beginning its decline. And again, tech’s losses were industrial’s gains with the Dow up almost 600 by 11:30 before beginning its decline but still closing well in the black. Are these companies overvalued? Are they taking on too much debt to finance their AI plans?  

Wall Street ends lower on semiconductor selloff as AI spending concerns mount

Wall Street ends lower on semiconductor selloff as AI spending concerns mount

By Abigail Summerville, Twesha Dikshit and Joel Jose

Tue June 23, 2026  

AI jitters continued into a second day with investors concerned about too much debt propping up too much capital expenditures for AI expansion and will these companies be able to recoup these huge outlays. These jitters were aggravated by Elon Musk turning to the bond market for even more capital. Also impacting the jitters was sentiment that the Fed may actually do two rate increases this year and thus this very interest-sensitive sector is bracing for bad news ahead.  

S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran

S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran

By Abigail Summerville, Twesha Dikshit and Joel Jose

Mon June 22, 2026  

AI profitability jitters rattled the tech sector again today dropping both the S&P and Nasdaq like rocks from the outset with funds flowing back into industrials as the Dow rose 3-digits again. The markets continue to evaluate the very up and down Iran negotiations. The next test for tech comes Wednesday with Micron’s quarterly report, which is up 300% so far this year.  

Wall St indexes advance with boost from chips, Iran optimism

Wall St indexes advance with boost from chips, Iran optimism

By Sinéad Carew and Twesha Dikshit

Thu June 18, 2026  

Today’s signing of the interim peace agreement and 60-day ceasefire plus the first ships passing through the Strait of Hormuz was very good news on the inflation front and the inflation-dependent tech sectors. As oil prices tumbled, both the S&P and Nasdaq shot straight up from the open, the Nasdaq up nearly 500, while there was a flight from the Dow with monies flowing back to tech though even the Dow still closed in positive territory.  

Wall Street sinks on bets Fed will hike rates this year

Wall Street sinks on bets Fed will hike rates this year

By Sinéad Carew and Sruthi Shankar

Wed June 17, 2026  

It’s amazing how powerful silence can be for, even though our new Fed chair Kevin Warsh said nothing about the policy path of interest rates, the fact that he did not mention a timetable for a rate hike was more than enough to send all three indexes spiraling down like rocks right at 2 pm. What was said was that policy would focus on price stability which could generally mean a hike to water down inflation.

Nasdaq and S&P 500 slip while Dow hits record high

Nasdaq and S&P 500 slip while Dow hits record high

By Sinéad Carew and Sruthi Shankar

Tue June 16, 2026  

It was a day for tech to take a breather after yesterday’s enormous rally with tech coming down a massive 5.7% and while investors continue to digest the war and peace news, falling oil prices and rising financials pushed the Dow into a second day of records. All eyes will be on Fed comments tomorrow as Kevin Warsh as the new chair will report on whether rising oil prices continue to bleed into other sectors as they showed in May.