Latest / 7horns.ai Daily Briefing EN
How Global Tech Sell-Off and Micron Earnings Shook Markets — Market Wrap Jun 26
Today's AI insights from 7horns.ai reveal a global tech sell-off dragging markets lower, with Japan's Nikkei plunging 4.4% and Nasdaq futures down 1.0% pre-market. Despite Micron Technology's blockbuster 15.74% rally on earnings and SanDisk's 22% surge, profit-taking has set in early, with both stocks falling over 5% pre-market. Apple shares declined 6.12% after announcing product price hikes due to rising chip costs, while ON Semiconductor's $7 billion acquisition of Synaptics triggered a nearly 10% drop in its shares. Gold gained over 0.5% as a safe haven, contrasting with oil's sharp 4.14%…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.