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Igor Golovni Flight Rocket | Getty ImagesA day after Wall Street’s biggest hit in three months closed, high-flying semiconductor stocks opened the third quarter with a sharp decline. memory maker micron It fell 11%, wiping out $138 billion in market capitalization. intel Rival chip makers also fell 9%. advanced micro device It fell 7%. These three stocks soared in the second quarter, adding $2 trillion in combined value. That’s because investors bet that building artificial intelligence would require more central processors than just graphics processors. Nvidia. The VanEck Semiconductor ETF (SMH), an index that tracks semiconductor stocks, fell more than…
Thessaloniki, GreeceAP — One person was killed and several others injured in a pre-dawn firebomb attack on the home of a member of Greece’s ruling conservative New Democracy party, authorities said Wednesday. The attack, which took place between 4 a.m. and 4:45 a.m. outside an apartment complex in the northern Greek city of Thessaloniki, used a crude explosive device made from a camping gas can. Police said all the injuries were sustained in the last of three attacks in which cars and motorcycles were set on fire. One of the cars reportedly belonged to Afroditi Nestra, a parliamentary candidate from…
Karlie Kloss gives birth and welcomes third child with husband Joshua KushnerKarlie Kloss models nonpartisanship. Although his brother Jared Kushner’s marriage to Joshua Kushner, who is married to President Donald Trump’s daughter Ivanka Trump, has unintentionally drawn him into political controversy, he admits that he has learned how to navigate family relationships during such politically charged times. “Well, I know who I am,” the model told Bloomberg Originals in an interview published July 1. “I know the values that guide my life and the issues that I care about. So, you know, I haven’t lost sight of who I am,…
Jeffries said Avivax will continue to rise thanks to positive data in the treatment of ulcerative colitis. Analyst Faisal Khurshid upgraded the French biotech company’s stock from hold to buy. He also raised his price target on the stock to $158 from $108, implying an 18% upside from Tuesday’s closing price. The upgrade came a day after new data on Avivax’s obefazimod showed that the aggressiveness of patients taking the drug was consistent with normal levels in patients with ulcerative colitis. Avivax added that more than a third of patients who initially did not respond to treatment achieved remission after…
Ashton Kutcher is leaving Sound Ventures, the company he co-founded with Guy Oseary 11 years ago, to launch a separate VC fund, The Wall Street Journal reported. The actor and investor’s new company will be co-founded with Morgan Beller, who was most recently general partner at seed-focused venture capital NFX and previously co-led cryptocurrency project Libra at Meta. Mr. Beller also spent nearly three years as a partner at Andreessen Horowitz. TechCrunch has separately heard that Kutcher is preparing to retire. The WSJ report confirms that and adds new details about the plan with Mr. Beller. The name of the…
Bluemercury’s July 4th sale includes a must-see deal on the TikTok viral skin-tightening Nécessaire Body Retinol. Right now, this hot item, plus many other summer essentials and beauty products to help you age gracefully, including SPF, are 25% off. Nécessaire’s The Body Retinol is basically my favorite anti-aging face serum, but it can be used everywhere else too. The overnight treatment combines encapsulated retinol with exfoliating acids, peptides, and hydrating ingredients to smooth rough skin, soften the appearance of flaky skin, and improve overall tone from shoulders to ankles. Think of it as a body lotion upgrade for those who…
England overcame a huge scare against the Democratic Republic of the Congo to win 2-1 and advance to the last 16 against co-hosts Mexico.Harry Kane saved England from a World Cup shock with two late goals as they beat the Democratic Republic of the Congo 2-1 in Atlanta and booked their place in the last 16.Thomas Tuchel’s side, aiming to end a 60-year wait to win a major, suffered England’s worst ever World Cup exit on Wednesday, as their talismanic captain helped them avoid humiliation after Brian Shipenga’s early goal put the Democratic Republic of Congo ahead.Recommended stories list of…
Morgan Stanley says investors should take note of LGBT-focused dating app Grindr as the company unveils two new products that could boost its stock price. The bank upgraded the stock from equal weight to overweight. The price target has been raised to $18 from $15, implying a 25% upside from Tuesday’s closing price. Analyst Nathan Feather highlighted Grindr’s “ultra-premium” subscription tier called Edge (currently being tested in some markets across the U.S. and costing as much as $500 a month) and a telemedicine service launched last year called Woodwork. GRND YTD Mountain GRND Year-to-date “Grindr is an undervalued company with…
Elon Musk’s SpaceX showed investors a prototype of a “handset-like” AI device, the Wall Street Journal reported. The prototype is reportedly sleeker and slimmer than an iPhone, and appears to be somewhere between a small touchscreen phone and the Rabbit R1. SpaceX reportedly showed the device to investors and stakeholders before making it public, telling them it was still in its early stages and the design could still change. Musk denied the report, calling it “completely false.” SpaceX, along with its sister company Tesla, has the manufacturing expertise to mass produce a large number of AI devices. Of course, you…
The first half of this year was a solid but volatile period for the stock market. Some of our club holdings have made impressive comebacks from their 2025 lows. Other companies fell even further and were eventually forced to exit the frustrating situation. The S&P 500 is up about 9.5% year-to-date, despite concerns about the instability of the Iran war, a resurgence of inflation, and concerns about AI disruption. As of Tuesday’s close, the 2026 broad market index had hit 24 all-time highs. The Nasdaq is up almost 13% since the beginning of the year, setting 20 records. Of the…