Episode 2026-06-26

You are listening to Seven Horns A I — your A I powered market update. Today is Thursday, June twenty-fifth, twenty twenty-six, and the US trading session has come to a close. At the bell, major indices closed in positive territory. The S and P five hundred ticked up zero point one four percent, while the Dow Jones Industrial Average also rose zero point one four percent to fifty-one thousand nine hundred twenty-one. Meanwhile, the Nasdaq-100 rose zero point eight one percent. Intraday, we saw a classic tug-of-war: semiconductors exploded higher on blowout earnings, but megacap tech weighed heavily, led by a steep afternoon slide in Apple. Looking ahead, after-hours trading suggests pressure on tech is intensifying. S and P five hundred futures are down zero point seven six percent, pointing to a softer open for Friday. Nasdaq one hundred futures have dropped a notable one point six six percent, while Dow futures are down zero point two two percent. The big story was the dramatic split in tech. Apple tumbled six point one two percent to two hundred seventy-five dollars and fifteen cents on global price hikes of fifteen to twenty-five percent, blamed on severe memory chip shortages, alongside a nineteen percent drop in China iPhone sales. This memory supply crunch also weighed on Microsoft, which fell three point four six percent, and Amazon, down three point one percent. Conversely, chipmakers soared. Micron Technology surged fifteen point seven four percent on historic qua