AI Selloff Crushes Chip Stocks as Micron Plunges 13% and Korea Tanks

AI Selloff Crushes Chip Stocks as Micron Plunges 13% and Korea Tanks

On today's episode of Market Brief – After Hours, a brutal global tech selloff tore through chip stocks and dragged markets red across three continents. We break down the violent unwind of the market's most crowded AI trades, the historic single-day crash in South Korea, and why the Dow somehow escaped almost untouched. We also dig into a stunning synchronized collapse in gold, silver and crypto, and the mechanical forces behind it. On the currency front we cover EUR/USD, GBP/USD, USD/CAD and AUD/USD as the US dollar flexed against nearly everything, plus dramatic single-stock moves in AMC, Primoris and Edgewell and the latest on oil and the Strait of Hormuz. ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.

Big Tech Sinks as Starmer Quits and Russell 2000 Smashes 3,000

On today's episode of Market Brief – After Hours, we unpack a split-personality session on Wall Street: the tech heavyweights dragged the Nasdaq lower while the Russell 2000 made history, crossing 3,000 for the first time ever. We dig into the AI talent exodus hitting Alphabet, a surprise rebound in chipmakers, and climbing Treasury yields ahead of Thursday's pivotal PCE inflation report. Across the Atlantic, Keir Starmer's resignation as UK Prime Minister rocked Westminster, Japan's Nikkei hit a fresh record, and oil slid hard on an Iran breakthrough. On the FX front we break down the technical levels in EUR/USD and GBP/USD, plus the day's biggest individual movers. ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.

Intel Soars 10% as $190M in Crypto Longs Get Liquidated in One Hour

On today's episode of Market Brief – After Hours, Wall Street stages a sharp comeback as Intel surges on a new domestic chip deal with Apple, sending the entire semiconductor sector to record highs just a day after a hawkish Fed rattled markets. At the same time, the crypto market suffers a brutal leverage shakeout, with nearly $190 million in long positions liquidated in a single hour. We break down the major US indices, Kevin Warsh's first meeting as Fed chair and the violent move in Treasury yields, plus milestone-breaking rallies across Asia. We also track the FX market, where the dollar surged against the euro, pound, Swiss franc and yen (EUR/USD, GBP/USD, USD/CHF, USD/JPY), and round out the session with gold, silver, Bitcoin, oil and the day's biggest corporate movers. ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.

Stocks Crash From Record Highs as Fed Signals a 2026 Rate Hike

On today's episode of Market Brief – After Hours, we unpack a dramatic reversal that took the Dow from a fresh all-time intraday high to a 507-point loss after Kevin Warsh's first meeting as Fed chair. The hawkish dot plot, a surging dollar and rocketing Treasury yields turned a record session into a broad sell-off. In FX, the greenback dominated as EUR/USD and GBP/USD broke down hard and USD/CAD pushed higher, while gold and silver were hit and oil quietly climbed on Iran tensions. We also cover Asia's diverging session, the Bank of Japan's latest hike, and standout single-stock moves on Wall Street. ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.

SpaceX Rockets Past Microsoft and Amazon as Dow Smashes 52,000

On today's episode of Market Brief – After Hours, we unpack a split-screen session on Wall Street: the Dow powered to a historic record while a sharp chip selloff pulled the S&P 500 and Nasdaq lower. We dig into the oil slide that triggered the rotation, the stunning post-IPO run that briefly vaulted SpaceX above Microsoft and Amazon, and the multi-billion-dollar acquisition it announced right out of the gate. We also cover the Bank of Japan's historic rate hike, a surprise contraction in Chinese consumer spending, and the technical setups across EUR/USD, GBP/USD, USD/JPY and USD/CHF, plus gold and silver. ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.