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Tech stocks rebound after Friday's sell-off; SpaceX IPO looms, Apple seen as a strong AI play.

Market News
09 Jun 2026
24/7 Wall Street
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Neutral
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Tech and semiconductor stocks suffered a sharp drop on Friday but showed signs of recovery on Monday, led by semiconductors. Investors are cautious ahead of the SpaceX IPO, valued around $1.77 trillion, which could impact market liquidity but may not trigger a major sell-off due to existing cash reserves. The article suggests avoiding buying semiconductor stocks during dips due to volatility, while highlighting Apple as a promising AI investment, especially with its upcoming WWDC event and AI advancements. Apple is viewed as a strong long-term AI play with potential buying opportunities if markets dip further.

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