markets

Biotech stocks are losing momentum despite rising M&A activity

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US stocks extended their slide Tuesday afternoon as a rotation out of technology stocks that propelled the market higher for most of the year gained traction.

US stocks have further to run as corporate earnings growth underpins sentiment despite some signals suggesting equities may have risen too far, JPMorgan Asset Management’s Jack Caffrey said.

At a glance: stocks gapping up premarket

South Korean technology stocks rebounded sharply on Tuesday as investors returned to AI-linked shares after a steep three-day selloff that had pushed the KOSPI down more than 15%. Semiconductor stocks led the recovery, with SK Hynix jumping 8%, Samsung Electronics rising 4%.

Negative Breakout: These 11 stocks dropped below their 200 DMAs

Global capital flows are shifting away from semiconductor-heavy markets like South Korea and Taiwan. This tech-led meltdown presents an opportunity for India. Foreign investors may return to Indian markets, which are seen as a diversified domestic-economy-led alternative. This shift could lead to an

Bitcoin is down about 50% from its peak, but Wall Street researchers argue the selloff reflects a maturing asset, not a dying one.