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Why AI Chip Stocks Are Falling: Valuation Concerns and Meta's Cloud Pivot Shake Semiconductor Shares

The broad-based selloff across semiconductor stocks continued into Thursday's premarket session as investors took profits in one of Wall Street's strongest-performing sectors. The weakness follows months of exceptional gains driven by artificial intelligence enthusiasm, with concerns emerging that valuations have moved well ahead of …

Nitish Kishor | 02 July 2026

Wall Street Ends Holiday-Shortened Week Higher as Dow Jones Hits Record Despite AI Chip Selloff

U.S. equities finished the shortened Independence Day trading week with solid gains, extending one of the strongest quarterly rallies in years even as technology shares stumbled toward the week's end. Investors balanced encouraging signs of easing inflation pressures against growing questions surrounding the next …

Nitish Kishor | 02 July 2026

S&P Global (NYSE:SPGI) Surges 5% Today Following Completion of Mobility Global Spinoff

• The separation of Mobility Global Inc. was completed effective July 1, 2026.

Vinay Lochav | 02 July 2026

Coca-Cola (NYSE:KO) Rises 2% Today on Reported Indian Bottling Unit IPO Plans

• The company is reportedly seeking investment banks for an IPO of its Indian bottling unit.

Vinay Lochav | 02 July 2026

PepsiCo (NASDAQ:PEP) Advances Today Despite Mixed Analyst Commentary Ahead of Earnings

• Second-quarter earnings are scheduled for July 9.

Vinay Lochav | 02 July 2026

Chagee Holdings (NASDAQ:CHA) Falls 7% Today After Valuation Analysis Flags Stock as Overvalued

• A valuation analysis flagged the stock as overvalued near its estimated fair value of approximately $11.98.

Vinay Lochav | 02 July 2026

IP Strategy Holdings (NASDAQ:IPST): Why Is This Penny Stock Up 6% Today?

• The company was formerly known as Heritage Distilling Holding Company.

Vinay Lochav | 02 July 2026

Procter & Gamble (NYSE:PG) Advances 2% Today as Investors Rotate Into Defensive Names

• The company reported a Q4 earnings per share beat of $1.59 versus $1.56 estimated.

Vinay Lochav | 02 July 2026

National Beverage (NASDAQ:FIZZ) Jumps 11% Today Despite Earnings Miss, on Special $3.25 Dividend

• The board declared a special cash dividend of $3.25 per share.

Vinay Lochav | 02 July 2026
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