The Dow-30, S&P 500 and Nasdaq Composite all rose Friday as Tesla chief Elon Musk's SpaceX gained nearly 20% following its eagerly awaited IPO and oil fell on fresh hopes for U.S.-Iranian peace. That helped clear the way for ARM, CoreWeave, Intel, Nebius and other tech stocks to rise on buoyant investor sentiment.
The $Dow Jones Industrial Average (.DJI.US)$ gained 353.51 points (0.7%) to a 51,202.26...

The $S&P 500 Index (.SPX.US)$ navigated a largely bifurcated environment in the first half of 2026. The first quarter was primarily characterized by a distinct sector rotation. Mega-cap technology lagged—with the Magnificent Seven declining over 10%—while capital rotated into defensive and cyclical sectors, notably energy, which surged amid Middle Eastern geopolitical tensions.
This dynamic shifted notably in Q2. As $Microsoft (MSFT.US)$ ...

$Marvell Technology (MRVL.US)$ Everyone else is rising—how can you dare fall??

$Marvell Technology (MRVL.US)$ be patient. the upward tide is coming

What happened?
Friday was brutal for chip stocks. The $PHLX Semiconductor Index (.SOX.US)$ dropped 10.3%, its worst one-day decline since March 2020. U.S.-traded chip stocks lost more than $1 trillion in market value.
But the crash came after a huge rally. AI chips had become one of the most crowded trades in the market. When a trade rises too far, too fast, it becomes vulnerable to any negative catalyst.
Why did chips crash?
– The first reason was positionin...