Search results for Roundhill Memory ETF
Finance
Korean retail investors turn net buyers of U.S. stocks after 3 months on SpaceX listing
Korean retail investors in U.S. stocks turned net buyers in June for the first time in three months, Korea Securities Depository data showed. They recorded net purchases of $233.66 million, with $1.10468 billion bought and $871.01 million sold. The shift followed net selling in April and May. Buying was led by SpaceX, with $1.89307 billion purchased in June, while semiconductor-related names also drew inflows.
AI & Enterprise
Magnificent 7 market value down $2.3 trillion in June as AI investment doubts grow
The market capitalisation of the so-called Magnificent 7 U.S. tech stocks fell by $2.3 trillion in June. CNBC reported that investors are rechecking whether big tech can recoup heavy spending on AI infrastructure, even as money continues to flow into semiconductors. The CNBC Magnificent 7 Index fell 10 percent in June. In contrast, the Philadelphia Semiconductor Index rose about 6 percent over the same period, and is up more than 90 percent this year.
Finance
S&P 500 hits record intraday high; Nasdaq also tops as memory chip shares surge
The S&P 500 rose as high as 7,539.8 in intraday trade, setting another record, with strength led by technology shares. The Nasdaq also hit a new intraday high, while the Dow fell 216 points. Chip stocks, especially memory-related names, surged, led by Micron. Nvidia also supported gains after a price-target increase. Middle East developments, oil prices and rate expectations remained key intraday variables.
