Magnificent Seven stocks shed $2.3tn in Wall Street tech rotation

The divergence highlights crypto's resilience to geopolitical shifts, suggesting its market dynamics are driven by distinct factors beyond global tensions. The post Wall Street ends higher as US-Iran tensions ease, but crypto stays skeptical appeared first on Crypto Briefing.

The tech sell-off highlights the risks of market concentration, underscoring the need for diversification to mitigate systemic vulnerabilities. The post Magnificent Seven stocks shed $2.3T in Wall Street tech rotation appeared first on Crypto Briefing.

Muriel Siebert & Co., a Wall Street broker-dealer with roughly $19.5 billion in retail client assets, has selected Tzero’s end-to-end digital securities infrastructure to enter the tokenized securities market. Siebert Brings Legacy Credibility to Blockchain Markets The firm, founded in 1967 by the first woman to own a seat on the New York Stock Exchange […]

S&P 500 rotation favors memory and disk makers as hyperscalers fund AI storage buildouts; software multiples wobble while HBM and nearline HDD pricing firms.

These record-breaking offerings could catalyze a surge in mega-deals, reshaping investment strategies and market dynamics globally. The post Wall Street bankers buoyed by record offerings from SpaceX, Alphabet appeared first on Crypto Briefing.

Value of some chip manufacturers have tripled, or more, driving Asia Pacific stock markets sharply higher Shares in chipmakers have surged in the first half of this year as investors piled into companies that make the hardware underpinning the AI boom, according to analysis. Investors have driven up the value of semiconductor and memory chip manufacturers, whose profits have soared during 2026, at the expense of some large software companies, which have fallen out of favour this year. Continue reading...

Tech and AI stocks now make up as much as 12% of most balanced superannuation funds, experts say Get our breaking news email, free app or daily news podcast Artificial intelligence and technology stocks have become a driving force on Wall Street and, unbeknownst to most Australians, a growing part of their retirement savings. The so-called “magnificent seven” – chip maker Nvidia, Google owner Alphabet, Apple, Microsoft, Amazon, Facebook owner Meta and Tesla – are, for better or worse, increasingly part of the portfolios offered by superannuation funds. Continue reading...

Eager to find more public AI-related companies that may do as well as Nvidia, Wall Street investors think they've found a winner with Micron.