Singapore semiconductor firms ramp up US presence to capitalise on AI boom
https://www.straitstimes.com/business/singapore-semiconductor-firms-ramp-up-us-presence-to-capitalise-on-ai-boom

#WeekAhead by Investopedia, Yahoo Finance and Reuters
#Calendar by Investing.com
#Earnings by Earnings Whisper
#USMarketUpdate by Reuters, Investopedia, CNBC and Yahoo Finance
#TradingDay #MarketMind by Reuters
#MarketsWrap by Bloomberg
#SgMarketUpdate by Business Times
#HKMarketUpdate by Reuters and Trading Economics

Hong Kong home prices extend longest streak of gains since 2018
https://www.businesstimes.com.sg/property/hong-kong-home-prices-extend-longest-streak-gains-2018

SpaceX, Unitree, Anthropic, OpenAI: Is the ultra-hyped tech listing wave backed by sound fundamentals?
https://www.businesstimes.com.sg/international/global/spacex-unitree-anthropic-openai-ultra-hyped-tech-listing-wave-backed-sound-fundamentals

<Full-day Takeaway>HSI Down 405 pts; HSTI Down 150 pts; BABA Down over 5%; XIAOMI Down over 3%; Market Turnover Rises
https://www.aastocks.com/en/stocks/news/aafn-con/NOW.1530823/top-news/AAFN

#HKMarketUpdate
<H Shrs>HSI Falls 405 pts; BABA-W Drops Nearly 6% Below HKD90; SUNNY OPTICAL Slumps 9%
2026/06/26 16:30 GMT+08

US stocks jumbled overnight (25th). OpenAI reportedly delayed its IPO, coupled with Apple Inc. (AAPL.US)  -17.930 (-6.118%)   Pre +0.309% raising product prices, the market was depressed.

This morning (26th), chip stocks were sold off. Japan market closed down more than 4%, whereas South Korea's KOSPI once slumped 9%.

The HSI opened down 124 pts, immediately falling below the 23,000 level, and at one point tumbled more than 500 pts. It closed at 22,671, down 405 pts or 1.76%.

Full-day turnover reached HKD342.101 billion. The HSTECH closed at 4,255, down 150 pts or 3.41%. The HSCEI closed at 7,460, down 147 pts or 1.94%.

https://www.aastocks.com/en/stocks/news/aafn-con/NOW.1530843/top-news/AAFN

#HKMarketUpdate
China stocks close week lower on AI selloff, Hong Kong shares hit one-year low
Jun 26, 2026, 16:27 GMT+8

China stocks tumbled on Friday to close the week lower, dragged down by AI-related shares and logging their largest daily loss in three months, while Hong Kong shares fell to a fresh one-year low.

** China's blue-chip CSI300 Index 3399300 closed down 3%, while the Shanghai Composite Index 000001 lost 2.3%. Hong Kong's benchmark Hang Seng HSI was down 1.8%.

** The losses came as South Korea's benchmark KOSPI KOSPI dropped as much as 9% and the Nasdaq IXIC declined overnight, after investors took profits following a sharp rally in global chips and AI supply chain stocks.

** For the week, the CSI300 Index was down 1.5%, while the Hang Seng Index slid 5.2%, marking its largest weekly loss since April 2025.

** China's CSI Artificial Intelligence Index 9930713 fell 4.6%, while the CSI 5G Communication Index 9931079 tumbled 5.8%.

** Zhongji Innolight 300308, the world's leading optical module maker, slumped 5.3%.

** China's onshore market has recently shown a K-shaped divergence, with hardware technology stocks rising, while most other sectors, including traditional liquor and financial heavyweights, have declined.

** Non-ferrous metal shares (.CSISNMIM) fell 4.4%, while liquor stocks 3399997 dropped 3.1%.

** Meng Lei, China equity strategist at UBS, said he expects earnings growth for all onshore shares to accelerate to 11% this year from 3.9% last year, with first-quarter results showing that earnings are recovering at a faster pace.

** Over the medium term, he said, the rollout of more supportive policies, progress in tackling excessive competition, and a rising share of overseas revenue would all help boost profit margins.

** Tech majors listed in Hong Kong HHSTECH were down 3.4% on Friday and 7.6% this week, posting their worst week since October 2025.

https://www.tradingview.com/news/reuters.com,2026:newsml_L1N42Y07K:0-china-stocks-close-week-lower-on-ai-selloff-hong-kong-shares-hit-one-year-low/

#SgMarketUpdate
Singapore stocks decline on Friday amid global tech rout; STI down 0.5%

https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/singapore-stocks-decline-friday-amid-global-tech-rout-sti-down-0-5

Daily Debrief: What Happened Today (Jun 26)
https://www.businesstimes.com.sg/international/daily-debrief-what-happened-today-jun-262

Stocks making the biggest moves premarket: Sandisk, Rocket Lab & more

https://www.cnbc.com/2026/06/26/stocks-making-the-biggest-moves-premarket-sndk-on-rkl.html?__source=androidappshare

The AI boom now has a price tag — and Micron just sent the bill
https://finance.yahoo.com/markets/article/the-ai-boom-now-has-a-price-tag--and-micron-just-sent-the-bill-chart-of-the-day-100000526.html

Saylor's Strategy has no easy way out as bitcoin keeps slumping
https://finance.yahoo.com/markets/article/michael-saylors-strategy-faces-no-easy-way-out-as-bitcoin-prices-continue-to-drop-112328170.html

🔗 Trade alongside the Verified Pro Traders in the Apex Live Day Trading Room: https://verifiedinvest...​

No B.S. Just Charts.

Did Micron earnings save the AI trade? Chief Market Strategist Gareth Soloway says no - the report sent the memory names higher, but the rest of the semiconductors kept falling, and now OpenAI has backed off going public this year. To Gareth, that's a flashing sign liquidity is drying up and a bigger correction is brewing. After this morning's PCE inflation data came in roughly in line, he walks the top trades and levels across stocks, the dollar, metals, oil, and a Bitcoin sitting right at a make-or-break level.

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📊 COVERED IN THIS EPISODE:
🔴 Micron (MU) - Surged on earnings back toward its recent highs (~$1,250) but couldn't hold, rolling over near $1,135; a break of yesterday's low triggers a sell signal. Only memory names rose - Marvell, NVIDIA, and Broadcom all fell
🔴 The Liquidity Story - OpenAI says it's no longer going public this year ("market conditions"); with SpaceX below $150 and Cerebras below its $185 insider price, Gareth sees exit liquidity and a bigger semiconductor correction brewing
🔵 S&P 500 & Nasdaq - Lower lows are confirmed; Gareth is watching for the lower high that completes a top (using Meta and Microsoft as recent examples) - a correction, not a crash
🔴 NVIDIA (NVDA) - Opening below technical support; must recapture $195 or risk a slide to $178, then $165
🔴 Broadcom (AVGO) - A bear flag gapping down; first bounce target $350, then a gap fill toward $290
🔵 US Dollar (DXY) - Pulling back from its potential breakout, giving gold and silver small bounces
🟢 Gold - Into Gareth's $3,900-$4,000 support and bouncing, now coiling in a wedge; a breakdown targets $3,500, a breakout starts a bigger move (he still sees $10K+ by 2030)
🔴 Silver - A small bounce; first major target $54, then $50, with the broken $64 support now resistance
🔵 Tesla (TSLA) - Watching $365 as a day-trade/swing level; a break opens $337
🟢 Palantir (PLTR) - In free fall from $163 to $107; Gareth's a swing-trade buyer into the $94-$97 support
🔵 Alibaba (BABA) - Down to $92 and on the radar; major trendline support at $83-$85
🔵 Oil - Down after the Iran/Strait of Hormuz pop; major support and a gap fill at $67-$69, where Gareth expects an oversold bounce
🔵 Natural Gas - A cup-and-handle / bull flag tightening up; not broken out yet, but increasingly intriguing
🔴 Bitcoin (BTC) - Hammering $58,900 for a third day; a confirmed break cascades toward $50K. MicroStrategy (MSTR) is a leveraged proxy at $82.50, with support near $73

🔑 KEY TAKEAWAY: Micron's earnings didn't save the AI trade - only memory names bounced while the rest of the semis fell, and OpenAI pulling its IPO signals liquidity is drying up. Lower lows are in, and Gareth is watching for the lower high to confirm a market top (a correction, not a crash). Gold's into a buy zone, silver's heading for $54, and Bitcoin sits at a make-or-break level above $50K.

🎓

#MyTradingGamePlan​ #VerifiedInvesting​ #GarethSoloway​ #AIStocks​ #AIBubble​ #StockMarket​ #TechnicalAnalysis​ #Micron​ #OpenAI​ #Nasdaq​ #NVDA​ #Broadcom​ #Gold​ #Silver​ #Bitcoin​ #Palantir​ #Oil​ #StockMarket2026​

https://www.youtube.com/live/uiG615pVGjI?is=7WKwftd3Ym5EI7uw

Semiconductor stocks retreat over worries about memory costs
https://finance.yahoo.com/markets/article/semiconductor-stocks-retreat-over-worries-about-memory-costs-131508185.html

Morning Minute: Kraken Eyes 15% Stake in Aave at $385M Valuation
https://finance.yahoo.com/markets/crypto/articles/morning-minute-kraken-eyes-15-122032618.html

#USMarketUpdate
Stock market today: Dow, S&P 500, Nasdaq waver as report of OpenAI IPO delay rattles chip stocks

Live updates

https://finance.yahoo.com/markets/live/stock-market-today-dow-sp-500-nasdaq-waver-as-report-of-openai-ipo-delay-rattles-chip-stocks-231347821.html

#USMarketUpdate
S&P 500 ends lower; chips tumble and Moderna rallies | Reuters

SUMMARY
Chip index tumbles as investors worry about AI spending
Apple rebounds from Thursday selloff
S&P 500 -0.05%, Nasdaq -0.24%, Dow -0.09%

June 26 (Reuters) - The S&P 500 ended marginally lower on Friday, with a steep drop in AI-related chip stocks and sharp gains ​in Moderna and other healthcare stocks.

The PHLX chip index (.SOX), opens new tab tumbled 5.3%, underscoring recent volatility among AI-related chipmakers that have fueled ‌much of Wall Street's gains in recent years. While some investors remain optimistic about the potential for AI to fuel higher profits, others worry that massive spending to build AI data centers may take too long to pay off.

Apple (AAPL.O), opens new tab rallied 3.1% and partly rebounded from a selloff on Thursday, when it raised iPad ​and MacBook prices, blaming soaring memory and storage chip costs.

Moderna (MRNA.O), opens new tab surged almost 13% to its highest level since 2024 after the drug developer hosted ​an investor event and showcased its pipeline.

Eight of the 11 S&P 500 sector indexes declined, led lower by industrials (.SPLRCI), opens new tab, down 3.41%, followed by a 2.45% loss in materials (.SPLRCM), opens new tab...

U.S. inflation rose above 4% in May, data showed on Thursday, as the Iran war drove up energy prices, keeping alive the possibility of a Fed rate hike.

While ​oil prices have retreated sharply as the Middle East tensions eased, Apple's newly announced price hikes suggest inflation remains a concern, said Art Hogan, ​chief market strategist at B. Riley Wealth...

For the week, the S&P 500 fell 2.05% and the Nasdaq lost 4.7%.

The chip index lost 7.9% for the week, its worst week since early April.

A report that OpenAI was considering delaying ​its public debut until next year ​also weighed on risk sentiment ⁠related to AI stocks.

Shares of SpaceX (SPCX.O), opens new tab edged up 0.15%. Passively managed index funds need to buy billions of dollars' worth of the stock ahead of its inclusion in Russell indexes.

Meanwhile, interest rate concerns persisted, with traders ​pricing in one 25 basis-point rate hike and a near 27% chance of another by year-end, according ​to LSEG-compiled data.

A ⁠survey showed U.S. consumer sentiment rebounded from record lows in June, though households remained worried about the high cost of living.

ON Semiconductor (ON.O), opens new tab dropped almost 24% after agreeing to acquire Synaptics (SYNA.O), opens new tab in an all-stock deal valued at about $7 billion. Synaptics dipped 3.7%.

Advancing issues outnumbered falling ones within the S&P 500 (.AD.SPX), opens new tab by a 1.8-to-one ⁠ratio.
The S&P ​500 posted 35 new highs and 5 new lows; the Nasdaq recorded 263 new ​highs and 169 new lows.
Volume on U.S. exchanges was relatively heavy, with 30.1 billion shares traded, compared with an average of 23.1 billion shares over the previous 20 sessions.

https://www.reuters.com/business/wall-st-futures-fall-chip-stocks-resume-slide-after-micron-led-rally-2026-06-26/

SpaceX set to join Nasdaq 100, paving way for wave of passive buying
https://www.straitstimes.com/business/spacex-set-to-join-nasdaq-100-paving-way-for-wave-of-passive-buying

While You Were Sleeping: 5 stories you might have missed, June 27, 2026
https://www.straitstimes.com/world/while-you-were-sleeping-5-stories-you-might-have-missed-june-27-2026