Today: 23 June 2026
Nasdaq Futures Drop Ahead of Open as Debt Concerns Hit AI Stocks

Nasdaq 100 Slides, Tech Stocks Wipe Out $1 Trillion

23 June 2026
Nasdaq 100 futures plunged nearly 3% premarket as selling in AI-linked tech stocks intensified, putting over $1 trillion in market value at risk Tuesday; SpaceX dropped below a $2 trillion valuation and lost $600 billion in three sessions, while South Korea’s KOSPI tumbled 9.99% after Samsung and SK Hynix fell over 12% each, as investors question AI returns and brace for higher U.S. rates.
Micron Shares Reach All-Time High with AI Memory Demand in Focus Ahead of Earnings

Micron Shares Reach All-Time High with AI Memory Demand in Focus Ahead of Earnings

Micron Technology surged 6.9% to a record $1,211.38 after announcing a supply and investment deal with Anthropic, defying a tech market drop, as investors bet on AI-driven demand and raised analyst targets; Wednesday’s earnings will test if Micron can sustain gross margins above 80% and meet rising expectations amid tight competition and a global memory shortage.
Marvell Added to S&P 500 but Shares Fall

Marvell Added to S&P 500 but Shares Fall

Marvell fell 0.9% to $307.86 in its S&P 500 debut despite a 262% year-to-date surge fueled by AI infrastructure demand, as investors weighed index-fund buying against a lofty valuation and crowded chip trade; after-hours trading saw shares lower at $305.94, with volume topping averages, while analyst targets remain below current prices.
Broadcom’s $2 Trillion AI Call Gets 7.5% Test Next Week

Broadcom’s Google AI chip contract takes on new weight as JPMorgan defends stock

Broadcom shares slid to $396.72 midday Monday, down $14.63, as investors weighed JPMorgan’s defense of its Google AI chip program against concerns over customer concentration and a broader reset in high-valuation AI infrastructure stocks, despite Broadcom forecasting over 200% AI semiconductor revenue growth for Q3 and securing multi-year supply deals with Google and Anthropic.

Microsoft slips 2.9% this holiday-shortened week as traders question cloud capacity

Microsoft Shares in Focus After Chevron AI Deal Raises Capex Questions

Chevron’s 20-year deal to supply dedicated natural-gas power for Microsoft’s Pecos, Texas, data center shifts the AI investment debate from software demand to energy access, as Microsoft shares traded lower despite Azure’s 40% growth and a $37 billion AI revenue run rate, with investors focused on whether massive capital spending can convert $627 billion in contracted demand into realized cloud revenue.

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Robinhood (HOOD) Slides After $2 Billion Debt Move

Robinhood (HOOD) Slides After $2 Billion Debt Move

Robinhood shares fell 0.6% after pricing a $2 billion convertible note sale with a 65% premium conversion price, raising $1.97 billion for buybacks, capped call transactions, and growth, as investors weigh strong June trading volumes against future dilution risk and await Friday’s trading update.
AMC Stock Drops After $200 Million Share Sale

AMC Stock Drops After $200 Million Share Sale

AMC Entertainment plunged 26% after announcing a $200 million stock sale at $2.10 per share, sparking fresh dilution worries despite record weekend attendance driven by “Toy Story 5”; proceeds will mainly redeem $125.5 million in 2027 notes, but investors remain wary of repeated equity raises.
Nasdaq Futures Drop Ahead of Open as Debt Concerns Hit AI Stocks

Nasdaq 100 Slides, Tech Stocks Wipe Out $1 Trillion

Nasdaq 100 futures plunged nearly 3% premarket as selling in AI-linked tech stocks intensified, putting over $1 trillion in market value at risk Tuesday; SpaceX dropped below a $2 trillion valuation and lost $600 billion in three sessions, while South Korea’s KOSPI tumbled 9.99% after Samsung and SK Hynix fell over 12% each, as investors question AI returns and brace for higher U.S. rates.
Keel (NYSE:KEEL) Faces Major AI Test After Rally

Keel (NYSE:KEEL) Faces Major AI Test After Rally

Keel Infrastructure Corp shares slipped pre-market after hitting a 52-week high Monday, as investors weigh the upcoming June 26 addition to the Russell 3000 Index and the recent $458 million convertible note offering with a $7.41 conversion price, while the company remains in transition with declining revenue, a $127.6 million quarterly loss, and key data-center leases still unsigned.
Nokia Oyj (HEL:NOKIA, NYSE:NOK) slips heading into Q2; AI-optical momentum pressured

Nokia (HEL:NOKIA) gives back AI-fueled gains after Google Cloud news

Nokia shares dropped 2.5% in Helsinki after a U.S. rally sparked by a Google Cloud AI partnership, as investors weighed the new Gemini-based tools against a weaker Finnish market and sector-wide AI pullback; Nokia’s ADRs had surged 6.97% on Monday after announcing six specialized AI agents for telecom networks, with the first agent pack set for Google Cloud Marketplace in September.
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