Chip maker shares slide as investors question AI spending
Shares in Korean chip makers SK Hynix and Samsung have fallen 46% and 35% over the last month, stoking concerns...
Stock Market News
Latest stock market news covering equities beyond the Magnificent 7 — sector earnings, IPOs, M&A activity and broader market moves.
KOSPI sheds roughly 35% in July as semiconductor selloff triggers circuit breakers
South Korea's KOSPI has lost roughly 35% of its value this month, and circuit breakers have been triggered multiple times...
Leveraged semiconductor ETF falls nearly two-thirds while the underlying index drops 25%
Leveraged semiconductor funds have lost far more than the chip sell-off alone would suggest. The iShares Semiconductor ETF is down...
Musk thanks Micron twice on Tesla’s Q2 earnings call as memory chip supply tightens
Elon Musk named Micron Technology twice during Tesla's Q2 2026 earnings call on July 23, thanking the memory maker for...
UBS pre-tax profit rises 64% as CEO Ermotti calls the AI correction healthy
UBS pre-tax profit reached $3.6 billion in the second quarter, up 64% year-on-year, and CEO Sergio Ermotti pointed to geopolitical...
