Micron, Marvell, and Broadcom sink, leading chip stocks lower
U.S. chipmakers plunged after Broadcom earnings disappointed investors.

U.S. chipmakers plunged after Broadcom earnings disappointed investors.
Blackstone capped withdrawals from its $79 billiob BCRED fund after redemption requests rose from 7.9% to 10%, adding to private-market liquidity concerns.
Officials are more concerned about highly contagious diseases like measles and respiratory viruses, which can spread quickly through large, fast-moving crowds.
Pre-IPO perps give traders the ability to speculate on the value of a private company without owning shares.
The population of global millionaires surged 7.9% to 25.3 million in 2025, according to the Capgemini World Wealth Report.
The prediction market platform is developing the platform to create a singular platform for its highly engaged traders.
Amazon engineers called out their employer for conducting mass layoffs while it commits to spending $200 billion this year on AI infrastructure.
President Donald Trump told aides that he won't resume the war unless U.S. troops are killed, according to The Wall Street Journal.
The S&P 500 is headed for a lower open, led by a decline in chip stocks after Broadcom failed to raise guidance enough.
Based on SpaceX's updated IPO prospectus, Elon Musk owns shares in the company worth more than $866 billion.
Eli Manning spoke about political activities from athletes after Giants QB Jaxson Dart introduced President Donald Trump at a rally.
Options volume is picking up in Nasdaq-listed Echostar, a $35-billion networking business based in Colorado that owns an estimated 3% of SpaceX stock.
USDA and Texas officials are working to contain New World screwworm from Zavala County, including establishing an infested zone and enforcing quarantine.
The valuation would make Elon Musk's company the seventh-biggest in the U.S., above Tesla, which has a market cap of about $1.6 trillion.
In the past two days, bitcoin's highest-conviction holders have sold about $2.4 billion in bitcoin.
The denial rate in loan applications was 15.1% in 2024, up from 12.2% in 2021, a rise that occurred alongside surging mortgage rates, the St. Louis Fed found.
A new guide by Congress' tax policy staff indicates that trust income can be taxed twice.
On top of the beat-and-raise, CrowdStrike announced a 4-for-1 stock split. But short-term thinkers sold the stock.
Eli Manning's Brand Velocity Group announced a deal to acquire youth sports company RCX amid congressional bill to ban private equity from youth sports.
Pirelli has instructed lawyers to take legal action after short seller Grizzly Research claimed the firm has a "close relationship" with Russia.
Shares of SoftBank fell 11% following an overnight sell-off in the U.S. market on the back of wider profit taking in the tech sector.
CrowdStrike shares have rallied nearly 60% this year on skyrocketing demand for cybersecurity in the age of advanced artificial intelligence.
A Gen Z-led, social media-first mock political party in India that has amassed millions of followers and is set to hold an in-person protest on Saturday.
With demand booming for printed circuit boards, the U.S. government is trying to boost domestic production to move away from reliance on China.