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The Latest Breaking News from Nasdaq

New York Just Hit Brakes on AI: Kathy Hochul To Reportedly Freeze New 50 MW Data Centers Amid Grid Strain

New York Gov. Kathy Hochul, on Tuesday, reportedly ordered the nation’s first statewide pause on new hyperscale data centers, temporarily halting environmental permits for up to a year.

Benzinga

SpaceX Crash Erases Post-IPO Gains, Pushes Elon Musk's Fortune Below $900B: What Went Wrong

SpaceX shares have dropped close to their IPO price, losing momentum despite joining the Nasdaq-100 and receiving FAA clearance for Starship Flight 13. Investors remain cautious about prospects.

International Business Times UK

Meta Stock Just Surged 21% in 3 Weeks: Shay Boloor Calls It the 'Market's Latest Darling'

Meta Platforms Inc. (NASDAQ:META) has officially transformed from a cautionary tale of extreme capital expenditure into the “market’s latest darling,” following a rapid 20.97% stock rally in roughly three weeks, driven by a radical shift in how Wall Street values the tech giant’s artificial intelligence infrastructure.

Benzinga

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Payoneer bets big on India with Gurugram innovation hub, eyes country among top three global markets

Payoneer opened its innovation hub in Gurugram, India, on Monday. The company plans to expand its Delhi NCR center to 300 employees. This facility will drive Payoneer's transformation into an AI-native technology company. India's engineering talent and fintech ecosystem are key to this strategy. Payoneer aims for India to be…

The Economic Times

SK Hynix's Record Drop Jolts AI Chip Rally After Nasdaq Debut

SK Hynix suffered its biggest-ever drop after its Nasdaq debut as investors reassessed AI chip valuations despite strong demand.

International Business Times UK

Stocks Settle Lower as Chipmakers Routed and US-Iran Tensions Escalate

The S&P 500 Index ($SPX ) (SPY ) on Monday closed down -0.79%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.26%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.88%. September E-mini S&P futures (ESU26 ) fell -0.79%, and September E-mini Nasdaq futures...

Barchart

From Best ETF Debut Ever to Bear Market: DRAM’s Wild Ride as Micron And AI Memory Stocks Tumbled

One of 2026’s biggest ETF success stories has taken a dramatic turn. The Roundhill Memory ETF (BATS:DRAM), which became the fastest-growing ETF debut on record after amassing more than $20 billion in assets within weeks of its April launch, has now entered bear-market territory. The fund has tumbled nearly 30%…

Benzinga

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Why Jim Cramer Is Bullish on SK Hynix Stock Now

Jim Cramer is bullish on SK Hynix after its ADR listing.

Barchart

US stocks today: US stocks end lower as Iran tensions dampen risk appetite; chipmakers drop

Tech stocks dragged Wall Street lower as escalating US Iran tensions and a renewed blockade lifted oil prices and dented risk appetite. Nasdaq led losses amid chip stock weakness, while energy shares supported the Dow. Investors now await Fed Chair Warsh testimony, inflation data and big bank earnings for directional…

The Economic Times

Meta and xAI Just Strengthened Nvidia's AI Moat, Portfolio Manager Says

As investors debate whether custom AI chips will eventually chip away at Nvidia Corp.’s (NASDAQ:NVDA) dominance, Gabelli Funds portfolio manager John Belton says the latest releases from Meta Platforms Inc. (NASDAQ:META) and Space Exploration Technologies Corp‘s (NASDAQ:SPCX) xAI suggest the chipmaker’s competitive moat remains firmly intact.

Benzinga

SK Hynix vs. Micron: Wall Street's AI Memory Battle Just Got Real

For years, Micron Technology, Inc. (NASDAQ:MU) was the go-to stock for U.S. investors looking to ride the AI memory boom. Now, it has company. SK hynix Inc‘s (NASDAQ:SKHY) recent Nasdaq debut has brought one of the world’s largest memory chipmakers directly to U.S. investors, setting up a fresh rivalry between…

Benzinga

Stocks Retreat on Chipmaker Weakness and US-Iran Standoff

The S&P 500 Index ($SPX ) (SPY ) today is down -0.33%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.16%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.12%. September E-mini S&P futures (ESU26 ) are down -0.33%, and September E-mini Nasdaq futures...

Barchart

SK Hynix US-listed shares slip nearly 8% as Nasdaq debut euphoria cools

SK Hynix’s US-listed shares fell nearly 8% after a strong Nasdaq debut, as investors booked profits in AI-linked chip stocks. The decline triggered broader weakness across global semiconductor stocks, with sharp losses in Seoul and the US, reflecting growing concerns over valuations and sustainability of AI-driven demand.

The Economic Times

SK Hynix plunges after Nasdaq debut as memory chip euphoria cools

Seoul's stock market faced a dramatic nine percent drop, prompting a temporary halt in trading activities. SK Hynix shares plummeted by over fifteen percent, marking their most significant daily decline. This downturn reflects wider losses across South Korea, particularly affecting competing chip manufacturers. Investors are now retracting earlier gains amid…

The Economic Times

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Benzinga

Meta Just Undercut OpenAI and Anthropic by 75%: JPMorgan Says It's More Than a Price Cut

For years, Meta Platforms, Inc. (NASDAQ:META) spent billions building AI models for its own products. Now, it’s taking its first real shot at turning those models into a standalone business. And it’s doing so with a pricing strategy that could shake up the AI industry.

Barchart

SK Hynix Just Sent a Huge AI Demand Signal With Historic U.S. Listing for SKHY Stock

SKHY stock jumped 13% on its U.S. trading debut after a record $26.5 billion ADR sale, signaling massive demand for AI chips.

MarketBeat

AMD's 5C Deal Positions It as a Direct NVIDIA Rival

AMD's 5C data center partnership positions it as a full-stack AI competitor to NVIDIA, with analysts citing strong price targets, growing coverage, and hypergrowth revenue forecasts ahead.

Barchart

Stocks Fall on Weakness in Chipmakers and Renewed US-Iran Hostilities

The S&P 500 Index ($SPX ) (SPY ) today is down -0.31%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.16%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.51%. September E-mini S&P futures (ESU26 ) are down -0.29%, and September E-mini Nasdaq futures...

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MarketBeat

AST SpaceMobile’s Next Launches Could Decide Whether Its Rally Regains Orbit

AST SpaceMobile shares remain volatile amid partnership gains and BlueBird satellite launches, offset by mounting losses, cash burn, and repeated EPS misses that keep Wall Street cautious.

The Economic Times

US stocks today: S&P 500, Nasdaq decline as Iran tensions jolt sentiment; chip stocks fall

On Monday, stock markets dipped as rising oil prices intensified due to increasing tensions between the U.S. and Iran. This surge in oil costs exacerbated the ongoing decline in chip stocks, heavily weighing on the Nasdaq index. Investors are now tasked with weighing strong corporate earnings against escalating geopolitical uncertainties.

The Economic Times

Samsung, SK hynix, Micron ramp up capacity as demand for AI infrastructure outpaces supply

Global memory chipmakers are expanding production capacity to meet AI demand. Samsung, SK Hynix, and Micron are investing billions in new facilities. These companies aim to secure supply for high-bandwidth and DRAM chips. Industry experts anticipate continued tight supplies for several years ahead. Capacity growth will determine memory makers' future…

Benzinga

Mark Zuckerberg’s Meta Just Supercharged Its Biggest AI Bet Yet, Expanding Its Hyperion Data Center Into a $50 Billion-Plus Project

Meta Platforms Inc. (NASDAQ:META) has significantly ramped up its investment in the Hyperion data center project in Louisiana. The project’s cost now surpasses a whopping $50 billion.

Benzinga

Gary Black Thinks SpaceX Stock Could Soon Trade Below Its IPO Price—Here's Why

Investor Gary Black of The Future Fund LLC said on Monday that Elon Musk-led Space Exploration Technologies Corp. (NASDAQ:SPCX) shares could drop below the IPO price of $135/share in the coming days.

Benzinga

Tesla AI Chief Ashok Elluswamy Says Optimus Has 'Big Shoes to Fill' After Model S, X Production Line Closure

Tesla Inc.‘s (NASDAQ:TSLA) artificial intelligence lead, Ashok Elluswamy, hailed the sunset Model S and Model X premium vehicles as the Fremont facility gears up for Optimus humanoid robot production.

Benzinga

Mark Cuban Pushes Back on AI Doctors, Says Healthcare Conglomerates Will 'Delay and Deny' Progress

Billionaire entrepreneur Mark Cuban expressed skepticism about the effectiveness of artificial intelligence (AI) in healthcare, highlighting the challenges posed by healthcare conglomerates.

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