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A top US grocery chains' websites remains offline after a major cybersecurity incident happened earlier this week
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The iShares Semiconductor ETF is on a nine-session losing run unseen since May 2006, as the KOSPI posts its worst week since 2008, optical names suffer dot-com-era drops and Bank of America sees a Cisco echo.
The Nasdaq 100 fell 1.5% at midday Friday as memory chips and AI-debt names sold off, while Fed Chair Warsh declined to rule out an October hike after hot CPI and PPI. WTI held near $96, the 10-year yield hovered around 5.1%, gold bounced toward $4,200 and bitcoin traded near $81,300.
Telecom analyst Roger Entner predicts SpaceX will build its mobile network from rural America toward major cities.
Space stocks fall as SpaceX pursued an $8B wireless push, Rocket Lab delays Neutron to 2027, and Tesla’s Roadster revives merger speculation.
Apple opens iPhone Duo preorders at $1,999, offering trade-in credits up to $885, carrier deals up to $1,200 and 0% financing.