Episode 2026-06-27

You are listening to Seven Horns A I, your A I powered market update. Welcome to our weekend market review for Saturday, June twenty seventh, twenty twenty six. Looking back at Friday's session, the major indexes appeared remarkably calm on the surface, but underneath, we saw a massive sector rotation. The S and P five hundred finished essentially flat, down just zero point zero five percent, closing at seventy three hundred fifty four. The Dow Jones Industrial Average ticked down zero point zero nine percent to fifty one thousand eight hundred seventy six, while the Nasdaq Composite edged lower by zero point two four percent to twenty five thousand two hundred ninety eight. That quiet close hides a dramatic struggle. A global semiconductor sell off, which started in Asia, dragged chip stocks lower, while software and artificial intelligence application companies surged as investors rotated capital. Indeed, Asian markets took a heavy hit in their regular sessions. Japan's Nikkei fell four point two percent, driven down by SoftBank Group, which plunged twelve point five percent. Hong Kong's Hang Seng index slid one point seven six percent to twenty twenty two thousand six hundred seventy two, and the Shanghai Composite fell two point two six percent. The clear story of the session was this violent rotation out of chipmakers and into software platforms. On Semiconductor led the decliners, tumbling twenty three point six six percent to ninety dollars and sixty five cents aft