Nasdaq composite falls 2% as tech stocks sell off amid valuation concerns

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Zcash miner Fortitude grabs Nasdaq route through HeartSciences deal

Zcash miner Fortitude Mining Holdings has secured a path to the public markets through an all-stock merger with HeartSciences, a transaction that will place the crypto mining company on the Nasdaq without a traditional IPO. According to a joint announcement…

Jun 23, 11:03 PM

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Roundhill Magnificent Seven ETF enters correction territory as tech stocks retreat

The correction in MAGS highlights the risks of concentrated sector bets and signals a potential shift in investor focus towards diversified AI plays. The post Roundhill Magnificent Seven ETF enters correction territory as tech stocks retreat appeared first on Crypto Briefing.

Jun 23, 9:29 PM

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Tech stocks tumble 2% as AI spending concerns mount

Investor caution grows as AI spending scrutiny intensifies, potentially impacting tech valuations amid rising interest rates and economic pressures. The post Tech stocks tumble 2% as AI spending concerns mount appeared first on Crypto Briefing.

Jun 23, 7:06 PM

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Zcash Mining Exposure Comes to Wall Street as Fortitude Targets Nasdaq Listing

Fortitude Mining Holdings and Heartsciences have agreed to an all-stock business combination that would bring a DCG-owned zcash (ZEC) mining platform to the Nasdaq Capital Market under the proposed ticker TUDE. The transaction is expected to close in the second half of 2026, subject to customary closing conditions, including approval by Heartsciences shareholders. After closing, […]

Jun 23, 6:50 PM

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US chipmakers lead Wall Street slide on rate rise worries

Nasdaq declines for second day with companies such as Nvidia under pressure

Jun 23, 6:33 PM

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Zcash miner Fortitude gets Nasdaq listing via HeartSciences merger

The all-stock deal gives Fortitude a Nasdaq listing while HeartSciences retains its healthcare business and existing shareholders keep a minority stake.

Jun 23, 6:05 PM

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Near 400-Point Nasdaq Drop Shows How the Semiconductor-Led Selloff Hit US Financial Markets

U.S. markets turned lower Tuesday as a semiconductor-led selloff, hawkish Federal Reserve signals, and softer digital assets overwhelmed earlier relief from Middle East diplomacy. At 10:48 a.m. Eastern time on Tuesday, June 23, 2026, the Nasdaq Composite stood at 25,766.67, down 399 points, while the S&P 500 was at 7,413.96, off 58.83 points. The NYSE […]

Jun 23, 3:42 PM

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US AI stock sell-off shakes markets from Wall Street to Asia

Losses spread globally as investors questioned soaring valuations and spending on AI infrastructure A tech sell-off shook global markets on Tuesday as attention turned away from developments in the US war with Iran and toward the future of AI companies and chipmakers that have driven stock markets to record highs. The tech-heavy Nasdaq index opened 2% lower on Tuesday. The Dow and S&P 500 were also down at opening. Continue reading...

Jun 23, 2:16 PM