TechFlow news, July 01, according to Bitget market data, US stocks opened, Dow Jones fell 0.2%, S&P 500 fell 0.3%, Nasdaq fell 0.6%. Meta Platforms (META.O) rose 6%, it is reported that it is building a cloud business to sell excess AI computing power. Storage concept stocks fell, SanDisk (SNDK.O) fell 7.5%, Western Digital (WDC.O) fell over 4%, Micron Technology (MU.O) fell 6%.
Semiconductor and storage sectors fell broadly, among them: Marvell Technology (MRVL.O) fell 6.16%; NVIDIA (NVDA) fell 2.33%; Intel (INTC) fell 4.15%; AMD (AMD) fell 4.25%; Broadcom (AVGO) fell 1.66%; Qualcomm (QCOM) fell 0.69%; Seagate Technology (STX) fell 7.38%; Western Digital (WDC) fell 4.78%; SanDisk (SNDK) fell 7.5%.
In addition, crypto concept stocks showed mixed performance, among them: MicroStrategy (MSTR) fell 0.05%; Coinbase (COIN) rose 0.40%; Circle (CRCL) rose 0.13%; BitMine Immersion (BMNR) fell 0.11%; SharpLink Gaming (SBET) rose 0.52%.
