Tech spent the day sweating valuations, Microsoft caught an AI fraud suit, and Micron just saved the after-hours to remind us why we never sell NVDA

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Morning brief: An Asian liquidation dragged Nvidia lower, fast capital hid in battered software, and now we're trusting Micron to hold the entire AI narrative together

Semiconductor Rout Rattles Markets: SK Hynix delaying its memory upgrades sparked a massive Asian ETF liquidation that completely crushed semiconductors. Nvidia Slides on Supply Fears: Shares slid 4.1% on HBM bottleneck fears ahead of today's critical Blackwell and Vera CPU shareholder meeting. TSM Sinks in Asian Tech Rout: The foundry plunged 6.7% after forced liquidations in South Korea sparked a brutal cross-Pacific hardware selloff. ServiceNow Catches Rotation Bid: Fast capital fleeing overheated chips rotated into battered software, lifting shares 3.1% on defensive positioning. Micron Earnings Test AI Demand: All eyes are on this afternoon's report to prove the AI infrastructure hyper-growth thesis isn't dead.

Semiconductor Rout Rattles Markets

SK Hynix delaying its memory upgrades sparked a massive Asian ETF liquidation that completely crushed semiconductors.

Nvidia Slides on Supply Fears

Shares slid 4.1% on HBM bottleneck fears ahead of today's critical Blackwell and Vera CPU shareholder meeting.

TSM Sinks in Asian Tech Rout

The foundry plunged 6.7% after forced liquidations in South Korea sparked a brutal cross-Pacific hardware selloff.

ServiceNow Catches Rotation Bid

Fast capital fleeing overheated chips rotated into battered software, lifting shares 3.1% on defensive positioning.

Micron Earnings Test AI Demand

All eyes are on this afternoon's report to prove the AI infrastructure hyper-growth thesis isn't dead.

Posture: Fear is dominant (27) amid semiconductor liquidations. Our stance is defensive; we await key earnings before deploying capital.

Tickers in focus: NVDA, MU, NOW

Upcoming earnings

  • NOW — 2026-07-21, After Market Close
  • PYPL — 2026-07-27, After Market Close
  • META — 2026-07-28, After Market Close
  • MSFT — 2026-07-28, After Market Close
  • AAPL — 2026-07-29, After Market Close
  • AMZN — 2026-07-29, After Market Close

Evening brief: Tech spent the day sweating valuations, Microsoft caught an AI fraud suit, and Micron just saved the after-hours to remind us why we never sell NVDA

Tech Slides Ahead of Micron's Massive Beat: Nasdaq slipped on widespread AI valuation fears, but Micron's huge after-hours earnings beat is already reviving tech sentiment. Microsoft Dips on AI Fraud Lawsuit: Shares slid over two percent as a new class action alleges executives misled investors about Azure AI capabilities. Lululemon Surges Off Multi-Year Lows: The stock popped nearly four percent as technical support held and bargain hunters bet on its turnaround plan. PayPal Rallies on Huge Capital Return: Investors ignored sluggish user growth, bidding shares higher on optimism surrounding the aggressive $6 billion stock buyback program. Watch NVDA After Micron's Huge Beat: Micron's massive after-hours surge proves AI demand remains red-hot, setting the stage for a major semiconductor rally tomorrow.

Tech Slides Ahead of Micron's Massive Beat

Nasdaq slipped on widespread AI valuation fears, but Micron's huge after-hours earnings beat is already reviving tech sentiment.

Microsoft Dips on AI Fraud Lawsuit

Shares slid over two percent as a new class action alleges executives misled investors about Azure AI capabilities.

Lululemon Surges Off Multi-Year Lows

The stock popped nearly four percent as technical support held and bargain hunters bet on its turnaround plan.

PayPal Rallies on Huge Capital Return

Investors ignored sluggish user growth, bidding shares higher on optimism surrounding the aggressive $6 billion stock buyback program.

Watch NVDA After Micron's Huge Beat

Micron's massive after-hours surge proves AI demand remains red-hot, setting the stage for a major semiconductor rally tomorrow.

Posture: With Fear at 26, the market is anxious, but Micron's robust earnings signal underlying strength in AI. Posture: Opportunistically accumulating.

Tickers in focus: MSFT, MU, NVDA

Upcoming earnings

  • NOW — 2026-07-21, After Market Close
  • PYPL — 2026-07-27, After Market Close
  • META — 2026-07-28, After Market Close
  • MSFT — 2026-07-28, After Market Close
  • AAPL — 2026-07-29, After Market Close
  • AMZN — 2026-07-29, After Market Close

The day's moves on the ledger

No slate changes were logged this day.

← Tuesday, June 23, 2026 · Thursday, June 25, 2026 → · Archive