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 MoreStock market today: Dow, S&P 500, Nasdaq futures slip with AI trade in focus
US stock futures edged down on the heels of a record-setting day on Wall Street.
Futures attached to the Dow Jones Industrial Average (YM=F) rose 0.1% while contracts on the S&P 500 (ES=F), and the Nasdaq 100 (NQ=F) fell 0.1% and 0.6% respectively.
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Read MoreThe Burst
Market Commentary: 1 Marine Stock On Sale
Buying a boat manufacturer ranks right up there as one of the most treacherous investments when interest rates are elevated, at least on the surface.
But then there’s Marine Products Corporation that trades with a price-to-earnings ratio of just 7x. Not only is the PE ratio attractive but the earnings have been growing steadily quarter over quarter and operating income looks very attractive for the past three years too.
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Read MoreThe Ivy
Super Simple Investing Method That Made Buffett Rich
A lot is made of Buffett’s approach to investing but it can be simplified to a level even a 12-year old understands.
While it’s easy for sophisticated investors to get caught up in the weeds of price-to-earnings multiples, competitive advantages, book values, and balance sheets, there is arguably a much simpler approach Buffett has taken to investing that can be applied by just about any investor willing to spend a little time musing on the topic.
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