Episode 2026-06-26

You are listening to Seven Horns A I — your A I-powered market update. Good midday. It is Friday, June twenty-sixth, twenty twenty-six, and we are coming to you live with a midday look at a turbulent session on Wall Street. Right now, the major indices are trading in negative territory as a global technology sell-off weighs heavily on investor sentiment. The S&P five hundred is down about one-third of a percent, while the tech-heavy Nasdaq is leading the declines, down zero point eight percent. The Dow Jones Industrial Average is holding up relatively better, down less than two-tenths of a percent. Today's weakness follows a brutal overnight session in Asia, where South Korea's Kospi index tumbled nearly six percent and Japan's Nikkei index fell over four percent. This global chip rout has directly pressured the US open, with sellers remaining in control throughout the morning as investors lock in profits and express growing caution over artificial intelligence valuations. Looking at individual movers, the semiconductor space is seeing severe pain. ON Semiconductor fell over eighteen percent today following its announcement of a seven billion dollar all-stock acquisition of Synaptics. Chip giant Nvidia is also down, slipping nearly one percent, while Apple is showing resilience, ticking up zero point six percent. Microsoft is a major standout today, rallying nearly five percent on strong capital expenditure guidance tied to artificial intelligence investments. Beyond techn