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Hedge funds dumped chip stocks for a fourth week as AI shares sold off
Tech shares and especially semiconductors have propelled the broader equity market higher this year in US. But tech stocks have been swinging dramatically on a combination of profit-taking and concern about the high levels of spending on AI and when the companies behind those outlays might see returns.
Microsoft Layoffs: 4,800 Jobs Slashed Across Sales And Xbox, Says Report
Half the layoffs are due to the tech giant's overhaul of their Xbox console gaming division, as per the report.
Nasdaq futures lead US stocks higher as tech rebounds, oil slips
US stock futures advanced on Monday, led by a rebound in technology shares, while oil prices fell after OPEC+ agreed to increase production from August. Investors are also awaiting key economic data and Samsung's earnings for fresh market cues.
US stock market today: S&P, Nasdaq futures jump up to 1% as tech stocks recover; crude oil extends decline
US stock futures rose, led by gains in tech shares and falling crude prices. Nasdaq 100 futures rose 1%, while the Dow remained stable. Investors await critical Federal Reserve meeting minutes and earnings reports from major companies, including Delta Air Lines and PepsiCo.
Dow Jones, S&P 500, Nasdaq futures indicate positive open for US markets; Meta, Nvidia, other tech stocks in focus - Upstox
Dow Jones, S&P 500, Nasdaq futures indicate positive open for US markets; Meta, Nvidia, other tech stocks in focusUpstox
Top Gainers & Losers on 6 July: Swan Corp, Zen Tech, HFCL, HDFC Bank, Thermax, Hitachi Energy among top gainers - livemint.com
Top Gainers & Losers on 6 July: Swan Corp, Zen Tech, HFCL, HDFC Bank, Thermax, Hitachi Energy among top gainerslivemint.com
Top Gainers & Losers on 6 July: Swan Corp, Zen Tech, HFCL, HDFC Bank, Thermax, Hitachi Energy among top gainers
Indian stock markets rose on July 6, with benchmark indices gaining over 0.60%. The Nifty 50 closed 0.66% higher at 24,420, while Sensex advanced 0.67% to 78,236. HDFC Bank and Axis Bank drove gains, while Nifty Realty led sectoral increases with a 2% rise.
Dixon Tech jumps as foreign brokerage raises target price to Rs 16,200
Dixon Technologies (India) surged 6.09% to Rs 13,215 after a foreign brokerage reiterated its 'Buy' rating on the stock and raised its target price to Rs 16,200.
Ceinsys Tech board approves JV with AI Fabrik Inc.
At board meeting held on 06 July 2026
This Stock is Needham’s Top Pick in Transportation Tech By Investing.com - Investing.com India
This Stock is Needham’s Top Pick in Transportation Tech By Investing.comInvesting.com India
China gold ETF overtakes CSI 300 fund as investors move away from equities
State-backed purchases of stock ETFs have eased in China, while demand for gold, fixed-income and cash-management funds has reshaped the country's ETF rankings.
Asian shares mixed, oil prices decline after Opec+ announces output hike
Asian shares and US futures were mixed on Monday following a long weekend on Wall Street, while selling of technology shares pulled benchmarks in Tokyo and Seoul lower. Oil prices slipped after OPEC+ announced Sunday that seven of its members plan to expand oil production by a combined total of 188,000 barrels per day in August. It was the fifth consecutive month OPEC+ members have agreed to raise output. The countries increasing their output are Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman. Uncertainty over supplies persists as talks with Iran aimed at fully reopening the Strait of Hormuz appear to be on hold during funeral ceremonies for Ayatollah Ali Khamenei, which will continue for several days. In energy trading early Monday, Brent crude, the international standard, lost 25 cents to $71.87 a barrel. US benchmark crude lost 10 cents to $68.59 a barrel. Japan's Nikkei 225 lost 0.4% to 69,468.17. Tech giant SoftBank Group Corp. declined 3.4%, while computer