Nvidia, Alphabet sit out megacap tech bounce as chip stocks sink
Jensen Huang, CEO of NVIDIA, speaks to reporters and answers questions during a brief press availability outside a Korean barbecue restaurant in Seoul, South Korea, on June 5, 2026.
Chris Jung | Nurphoto | Getty Images
Chip stocks sold off on Friday amid mounting concerns over the rising cost of artificial intelligence infrastructure.
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Read MoreBitcoin Spot ETFs Post Worst Month on Record With $4.5 Billion June Outflow
US-listed Bitcoin (BTC) exchange-traded funds (ETFs) recorded $4.5 billion in net outflows during June 2026. This was the worst monthly figure since the products launched in January 2024.
The redemptions coincided with a sharp price decline. Bitcoin fell 20.48% over the month, its steepest monthly drop since June 2022,
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Read MoreSensex Today | Stock Market Live Updates: Nifty rises above 23,900; KPIT Tech hits lower circuit
Sensex Today | Stock Market Live Updates: The markets are moving with some level of caution and a positive bias. The Nifty is moving with an uptick of over 50 points, rising towards the 24,000 mark. The Nifty Bank index is largely flat, trading around the 57,500 mark. M&M, Eternal and Nestle India are thetop gainers.
Read MoreNasdaq starts the week strong, Dow Jones closes above 53,000 for the first time
4:15pm: Dow at record high
While the Nasdaq led the gains on Monday, it was the Dow Jones breaking records, closing up 0.3% above 53,000 points for the first time at 53,055 points. The Nasdaq was up 1.15 at 26,121 points while the S&P 500 was up 0.7% at 7,537 points.
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Read MoreThe Burst
Stock Market Riddle Reveals Big Opportunity
Imagine a company generating $210 billion in revenues, what do you think it would be worth? To give you a clue, Alphabet produces $297 billion in revenues and is worth almost $1.8 billion. Can you take a stab now at what this other firm is worth?
There is lots of information you need to answer the question so we’ll cut to the chase and share with you that the company in question,
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Read MoreThe Ivy
Pay 54% Less Than Buffett For Iconic Stock
When Warren Buffett first started to snap up shares of Kraft Heinz in 2013 and closed a deal to acquire 26.6% of the firm in 2015, it seemed like a masterstroke from the Oracle of Omaha.
Kraft Heinz (NASDAQ:KHC) had all the elements,
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Read MoreThe Spotlight
The Next Trillion Dollar Company?
The economic ups and downs of 2020 put entire industries underwater, but the technology sector thrived. There was instant demand from consumers, educational institutions and businesses of all sizes for cloud-based services, which drove up revenue—and share prices—for companies like Amazon, Netflix, Zoom and Peloton.
Of course, that growth wasn’t limited to US-based companies.