Episode 2026-06-23

You're listening to Seven Horns A.I. — your A.I.-powered market update. It's Tuesday, June twenty-third, twenty twenty-six, and we're bringing you a midday market commentary. Markets are trading with a distinct divergence this afternoon. The tech-heavy Nasdaq Composite is notably lower, currently down one point four six percent, while the S&P five hundred has declined zero point nine eight percent, now sitting near seventy-four hundred. In contrast, the Dow Jones Industrial Average is actually in positive territory, up zero point two one percent. This morning, markets opened lower, reeling from an overnight rout in Asian markets where South Korea's Kospi plunged nearly ten percent and Japan's Nikkei two two five closed down three point five five percent. The Nasdaq bore the brunt, dropping over two point three percent in the first hour of trading, but has since stabilized, while the Dow has shown resilience, clawing back to positive territory by midday. The biggest story today is a global semiconductor rout, which started in Asia and has cascaded into U.S. markets. Key memory and chip stocks are feeling the pressure. SanDisk is down twelve point four nine percent, and the D.R.A.M. ETF is lower by twelve point four zero percent. Even A.I. bellwether Nvidia is caught in the downdraft, declining three point one four percent. However, there's a bright spot amidst the tech carnage: quantum computing stocks are surging. This follows President Trump signing two executive orders ai