SpaceX's debt issuance triggered market panic, and competition for AI talent has further exacerbated the decline, risking a fall toward its IPO price in the future.

US indices diverged as tech volatility dragged the Nasdaq down, while Micron and SMCI surged on AI expansions.

TradingKey - Google (GOOGL) saw up to $320 billion in market value wiped out today as its share price plunged over 7% intraday, hitting its lowest level since late April. Latest reports indicate that Google's AI division has suffered another loss of core research staff, marking the second departure of a top AI talent within a week. As of press time, Google was down over 6% at $346.47, with its latest market capitalization standing at $4.2 trillion.

TradingKey - On Monday, oil giant Chevron (CVX) announced a 20-year energy supply agreement with tech giant Microsoft (MSFT) to provide dedicated natural gas power support for the latter's planned hyperscale data center in West Texas.

TradingKey - Accenture stock plunged 17.97% after Q3 earnings despite an EPS beat and $3.6B in free cash flow. With RSI at 20.86 and forward P/E below 10, investors are asking whether ACN's selloff has gone too far.

TradingKey - On Monday, June 22, renowned Apple supply chain analyst Ming-Chi Kuo revealed in a post that Google (GOOGL) (GOOG) will develop an upgraded v9 chip, potentially codenamed "Triggerfish," based on its TPU v9 (codename "Humufish"), with MediaTek exclusively securing the order. The chip's target applications are aimed at AI agent and reinforcement learning (RL) scenarios, and it is expected to enter the volume production phase in 2028.
