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Semiconductor stocks soar in 2026 while 'Magnificent Seven' tech giants struggle.

Market News
29 Jun 2026
Market Watch
View Source
Neutral
pluang ai news

In 2026, semiconductor stocks have surged due to strong demand driven by artificial intelligence, while the 'Magnificent Seven' group of major tech companies, including Alphabet, Meta, Amazon, Apple, Microsoft, Nvidia, and Tesla, has struggled. This group has fallen 4% since the start of the year, with their ETF entering correction territory after a 10% drop from recent highs. This divergence highlights a potential instability in the AI-driven market trade, signaling caution for investors.

More News (GOOGL)

Waymo ends robotaxi service on Uber app in Phoenix, shifting to its own platform.

Waymo ends robotaxi service on Uber app in Phoenix, shifting to its own platform.

Waymo has ended its nearly three-year partnership with Uber in Phoenix, removing its robotaxis from Uber's ride-hail app in the city. The vehicles used in this pilot program have been integrated into Waymo's own Phoenix fleet, available through its a...

Market News
Neutral
5 hours ago
Alphabet doubles CapEx to $180B-$190B to boost AI and cloud growth amid rising Google Cloud sales.

Alphabet doubles CapEx to $180B-$190B to boost AI and cloud growth amid rising Google Cloud sales.

Alphabet is significantly increasing its capital expenditures to $180 billion to $190 billion, focusing on expanding its AI and cloud infrastructure. This move comes as Google Cloud sales grow rapidly at 45% year-over-year, with improving profit marg...

Analyst Insights
Bullish
7 hours ago
Alphabet joins Dow but faces AI execution doubts and worst monthly stock drop since early 2023

Alphabet joins Dow but faces AI execution doubts and worst monthly stock drop since early 2023

Alphabet officially joined the Dow Jones Industrial Average, replacing Verizon, marking a symbolic upgrade despite ongoing stock pressure. The company’s shares rose 4% on the announcement but are still on track for their worst month since February 20...

Market News
Bearish
7 hours ago
Google limits Meta's AI model use due to capacity shortfall, delaying Meta's AI projects.

Google limits Meta's AI model use due to capacity shortfall, delaying Meta's AI projects.

Google has restricted Meta's access to its Gemini AI models after Meta requested more computing capacity than Google could provide. This limitation, reported by the Financial Times, has caused delays in some of Meta's internal AI projects and forced ...

Market News
Bearish
1 day ago
Micron beats earnings and raises outlook amid rising memory prices and strong data center demand.

Micron beats earnings and raises outlook amid rising memory prices and strong data center demand.

Micron Technology reported stronger-than-expected earnings and raised its guidance thanks to rising DRAM and NAND prices and robust demand from data centers. However, major tech companies like Alphabet, Microsoft, Oracle, and Meta are shifting to hea...

Market News
Bearish
1 day ago
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