Retail investors are selling shares in leading AI-related semiconductor companies such as Micron Technology and Advanced Micro Devices to raise cash for the upcoming SpaceX IPO, which is set to be the largest in history at $75 billion. This selling pressure has caused notable declines in chip stocks despite recent strong gains. BNP Paribas warns that the SpaceX IPO could trigger significant liquidity shifts, as retail investors typically do not hold large cash reserves and may need to liquidate holdings heavily concentrated in chip stocks and Nasdaq ETFs. SpaceX's IPO, priced at $135 per share with a $1.75 trillion valuation, will begin trading on Friday, with a large portion of shares reserved for retail investors, intensifying the market impact.
Jim Cramer cautioned that the recent rally in Big Tech stocks like Alphabet, Microsoft, Meta, and Amazon might be more about investor optimism than real improvements in their business fundamentals. Despite positive news such as Warren Buffett's endor...
Sanjeev Sharma forecasts the S&P 500 will finish 2026 slightly below its starting point due to weak consumer fundamentals like stagnant wage growth, high inflation, elevated gas prices, and rising interest rates. His disposable income-based model hig...
Micron Technology announced that its executives will participate in the KeyBanc Capital Markets Technology Leadership Forum on August 10, 2026, in Deer Valley, Utah. The event presentation will be webcast live and available for replay on Micron's Inv...
REX Shares has filed for the REX AI Chipmaking ETF, targeting the booming $1.3 trillion AI infrastructure sector. The fund tracks the VettaFi AI Chipmaking Index, focusing on companies involved in wafer fabrication equipment, advanced packaging, and ...
The Direxion Daily Semiconductor Bear 3X Shares (SOXS) surged about 11% amid a selloff in memory chip stocks led by Micron Technology and SK Hynix, which fell 8% and 11% respectively. This drop was triggered by Chinese DRAM maker CXMT's large IPO pla...
