COMPANIES

The Nasdaq Composite fell sharply as semiconductor stocks declined, overshadowing strong earnings from Taiwan Semiconductor. Investor concerns over valuations and geopolitical tensions contributed to market volatility.

Exxon Mobil shares fell amid volatile oil prices and geopolitical tensions in the Middle East, with analysts offering mixed outlooks ahead of the company's upcoming earnings report.

South Korea's KOSPI index fell 6.49% due to a semiconductor stock selloff, triggering a trading halt. The decline follows a brief rally, highlighting ongoing market volatility.

Johnson & Johnson's stock fell despite exceeding Q2 earnings expectations, as investor optimism had already been priced in. The company raised its full-year guidance, aiming for a historic revenue milestone.

SpaceX shares have dropped over 40% since their IPO, facing volatility and valuation challenges. However, FAA clearance for the next Starship test flight offers potential positive momentum.

Lucid Group's stock surged 20.45% after denying bankruptcy rumours. The company reassured investors of its financial stability, despite confirmed restructuring advisers and ongoing financial challenges.

Amazon's shares rose nearly 3% as investor confidence grows in its AI-driven cloud performance and resilient retail operations, highlighting its diversified business model and potential for sustained growth.

Microsoft's stock rises as investors pivot from chip stocks to AI software. Despite legal challenges and workforce changes, strong fundamentals and an OpenAI partnership support optimism.

Nvidia's stock dipped 1.48% following a recent rally, as CEO Jensen Huang reassured investors about AI chip production. Meanwhile, U.S. export policy shifts offer new opportunities for AI chip exports.

Palantir Technologies' stock rises due to an expanded Nvidia partnership and positive analyst actions, as the company shifts from government contracts to broader enterprise applications ahead of its earnings report.

AMD shares fell 5.77% amid semiconductor sector volatility, driven by memory chip market turmoil. Despite recent declines, analysts remain optimistic about AMD's AI growth potential and long-term prospects.

Navitas Semiconductor's stock remains volatile due to a patent dispute with Wolfspeed and a major capital raise. The company's focus on AI infrastructure and upcoming earnings report are key factors.

SanDisk shares fell 11.66% after Argus Research's 'Hold' rating, amid a broader memory chip sector pullback. Concerns over NAND pricing and inventory adjustments contributed to the decline.

Oracle Corp. reports record fiscal 2026 results, driven by strong cloud and AI infrastructure growth. The company sees continued expansion, with a $638 billion backlog and strategic investments in AI capabilities.

Apple's stock rose over 3% as investors focus on AI integration, services growth, and upcoming earnings. The company's strategic moves in foldable devices, supply chain diversification, and AI features bolster its market position.

Intel shares fell 5.76% due to memory chip market turmoil and rising oil prices, ahead of its second-quarter earnings report. Despite recent volatility, Intel's long-term uptrend remains intact.

Tesla's Q2 vehicle deliveries exceeded expectations, boosting investor confidence. However, concerns about valuation and competition remain as analysts anticipate the upcoming earnings report.

Alphabet shares rose 3.64% after Warren Buffett confirmed Berkshire Hathaway's investment, boosting confidence in the company's AI expansion. Analysts remain bullish ahead of Alphabet's upcoming earnings report.

Micron Technology's shares fell 7.59% amid sector-wide volatility, driven by concerns over future memory chip pricing and supply, despite positive analyst sentiment and a strong market performance.

The Russell 2000 Index rose 0.55% as small-cap stocks continue a historic rally in 2026, driven by easing inflation, improved fundamentals, and optimism around corporate earnings growth.

PayPal shares rose sharply after Stripe and Advent International proposed a $53 billion takeover, offering a 28% premium. The deal highlights significant shifts in the digital payments industry.

The Nasdaq Composite rose 0.66% as ASML's positive AI demand forecast and cooling inflation boosted investor confidence. Major banks' strong earnings and analysts' AI chip price target hikes added to the optimism.

GameStop shareholders approved a major share expansion, enhancing flexibility for strategic deals like the proposed eBay acquisition, despite eBay's initial rejection. CEO Ryan Cohen remains committed to the pursuit.

Aehr Test Systems' stock surged 38% after reporting strong fiscal fourth-quarter results and issuing fiscal 2027 revenue guidance that exceeded expectations, driven by AI infrastructure demand and a diversified revenue base.

ASML Holding NV reported strong Q2 results, driven by AI infrastructure demand, raising its 2026 revenue outlook. The company's EUV technology remains crucial for advanced semiconductor manufacturing.

US stocks rose as the Dow Jones surpassed 52,700 points, driven by cooling inflation data and ASML's optimistic AI demand forecast, despite ongoing geopolitical tensions with Iran.

GameStop's attempt to acquire eBay faces rejection from eBay's board, raising doubts about the deal's feasibility and GameStop's future strategy.

Apple is reportedly preparing an all-glass iPhone for its 20th anniversary in 2027, with manufacturing preparations underway. The design aims to mark a significant milestone in Apple's history.

Samsung introduces Flex Titanium for the Galaxy Z Fold 8, aiming to improve durability and reduce crease visibility. The new display technology will debut at the Galaxy Unpacked event on July 22.