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Money Market Review (06/22/2026-06/26/2026)

At the end of day, it's a power struggle.

Image of a stock list on Yahoo! Finance!

Rather dry week, in spite of the hot weather. In fact, that, too, isn't helping in terms of power. How much draw do people take and use on the daily? Not like electricity comes out of thin air. On the other hand, SpaceX has been sliding a little bit, though not much panic being sensed by investors. "Peace be with you?" Oh yes, traffic is flowing nicely at the Strait of Hormuz, but dangers still linger. Don't get too excited, as that's not the only "straight" thing that happened this week.

MONDAY (06/22/2026)
Market on Close[1]
S&P 500 -0.37%
NASDAQ-100 -0.19%
Dow Jones +0.29%
Russell 2000 +0.83%
Stock(s) That Stood Out on Monday
T1 Energy, Inc. +11.23%
Biohaven, Ltd. +14.22%
The Baldwin Insurance Group, Inc. +16.21%
Apogee Therapeutics, Inc. +46.66%
Definium Therapeutics, Inc. +49.80%
Robert Half, Inc. -7.85%
Redwire Corporation -9.27%
AeroVironment, Inc. -10.78%
Regencell Bioscience Holdings Limited -12.49%
Space Exploration Technologies Corp. -16.45%

IPO gains have been wiped out already for SpaceX. Perhaps, it's because Amazon Prime Day is coming up, where it's likely investors pulled to use some of that money for shopping. Either that, or it's because SpaceX signs a multi-billion dollar deal with Reflection AI. While that went up, it continues to go down—Alphabet mainly. One of their top AI teammates left the company, only to join their rivals OpenAI. Are top executives like players in a sports team or something? How funny would that be seeing a headline saying, "Google announces they'll be trading their CEO's vice president for Oracle's top researcher, sources say." If outlets, like Yahoo! Finance, report stocks news like sports, they may as well word and report it in such way. Then again, by corporate standards, can you trade a worker for another? What do you think, Kalshi/Polymarket?

TUESDAY (06/23/2026)
Market on Close[1]
S&P 500 -1.44%
NASDAQ-100 -2.21%
Dow Jones +0.09%
Russell 2000 +0.96%
Stock(s) That Stood Out on Tuesday
Korn Ferry +5.83%
Netskope, Inc. +6.48%
uniQuire N.V. +10.48%
Quantinuum, Inc. +13.46%
Maase, Inc. +18.99%
Arm Holdings plc -10.14%
T1 Energy, Inc. -11.15%
Sandisk Corporation -13.57%
Fluence Energy, Inc. -15.80%
Primoris Services Corporation -21.59%

Well, on this day, Meta announces new smartglasses, hiring celebrity icon Kylie Jenner to market them. We wonder who they snagged that idea from (you're welcome, Meta!). If you saw those pair of glasses, you'd think it's something from Sunglass Hut or something; it's truly looking more chic and easier to wear. Very impressive work, Meta! Another thing impressive is Americans are growing confident in home buying for the first time in three years. This confidence shouldn't be overlooked because Oracle, let alone the stocks this day, were losing it. How so? They announced cutting 21,000 jobs in their workforce. I recall Larry Ellison, and his team, really going all-in, poker style, with their AI infrastructure. The problem is when people hear the terms "data center" or "AI surveillance," it triggers negative word-of-mouth. Likely one of the reasons stocks were down on this day.

WEDNESDAY (06/24/2026)
Market on Close[1]
S&P 500 -0.10%
NASDAQ-100 -0.43%
Dow Jones +0.35%
Russell 2000 +0.37%
Stock(s) That Stood Out on Wednesday
Wayfair, Inc. +9.36%
Builders FirstSource, Inc. +11.31%
Veradermics, Incorporated +13.21%
Definium Therapeutics, Inc. +16.45%
KB Home +16.65%
Rocket Lab Corporation -10.21%
Maase, Inc. -14.03%
NovaGold Resources, Inc. -14.13%
Cerebras Systems, Inc. -19.61%
Regencell Bioscience Holdings Limited -22.74%

Previously, it's been reported that Americans are growing confident in buying homes. On this day, older homeowners won't sell their homes, leaving millennials, like us, unable to buy them. What's the big deal? It also doesn't help that men are dropping out of the work force. Not surprising, as majority of employees with "prestigious" jobs, use their employment for social media bragging. Imagine getting a job at a respected company, and instead of working to help move the business forward and succeed, you're only there to show off online that you have a job at; it's a "performative" platform, like a "day in the life" without actually proving your laborious work in why your position moves the company forward. Business owners everywhere: please take note, and hire the right candidates, ensuring they're there to do work. The head of Microsoft is, sort of, doing just that, slandering CEOs who confessed in using AI unethically. Not surprising, especially given that a new bill forces companies to pay energy costs associated with their building of data centers. Makes us wonder how much their electricity bills will be, despite how old our electrical grid is: a story for another day.

THURSDAY (06/25/2026)
Market on Close[1]
S&P 500 -0.01%
NASDAQ-100 -0.46%
Dow Jones +0.14%
Russell 2000 +0.71%
Stock(s) That Stood Out on Thursday
Teradyne, Inc. +10.47%
MaxLinear, Inc. +11.17%
Acuity, Inc. +17.64%
Sandisk Corporation +21.47%
DPC Holdings Limited +42.06%
Samsara Inc. -7.23%
Duolingo, Inc. -9.24%
Innodata, Inc. -10.26%
Regencell Bioscience Holdings Limited -12.50%
Trip.com Group Limited -12.55%

Given all that's going on, President Trump will receive a bill for housing affordability for signage. How affordable remains to be seen. Otherwise, houses may not fly off the shelves despite reports from Polymarket saying users' funds have been stolen from hackers. We're guessing users wanted to bet in predicting how low housing prices will go, and if guessed correctly, they'll use their winnings to buy a house. Life's a game, right? Samsung would agree, as they're looking to go all-in, $648 billion mind you, to build chip factories in South Korea. If the investment is successful, will customers/owners of Samsung products receive free Hotteok, or Bulgogi for a whole week? Nothing wrong with rewarding your most loyal customers with food: a great alternative to money, gift cards, store credit, etc. Something to think about, especially for Sam Altman, reportedly halting IPO for OpenAI in 2027, after seeing how SpaceX is doing. Always good to play it safe, given people, currently, don't feel too "open" about AI.

FRIDAY (06/26/2026)
Market on Close[1]
S&P 500 +0.05%
NASDAQ-100 +0.24%
Dow Jones +0.09%
Russell 2000 +0.07%
Stock(s) That Stood Out on Thursday
Figma, Inc. +10.57%
JFrog Ltd. +11.14%
Moderna, Inc. +12.59%
Lucid Group Inc. +15.62%
SELLAS Life Sciences Group, Inc. +17.66%
Sandisk Corporation -10.46%
FormFactor, Inc. -12.11%
Regencell Bioscience Holdings Limited -13.48%
DSC Holdings Ltd. American Depositary Shares -23.66%
Maase Inc. -26.82%

What a way to end this week with, "peace NOT be with you": US striking Iran in retaliation to attack on the ship. We can never get anything "Strait," can we? That's a question we can ask Apple, as their vice president of Vision Pro and smartglasses, Paul Meade, is leaving the company to join OpenAI. I don't suppose that's one of the reasons Sam Altman is garnering all this hate, but it's no surprise; he knows something that many other corporate figures don't (Elon Musk may have something to say about that). Another corporate entity that does know something, Cisco, is re-structuring, causing a layoff of 400+ workers. Re-structuring, in this summer season, may as well be considered especially for companies like Uber, announcing they're making strict moves on background checks due to increase in sexual assaults. Maybe our parent(s)/guardian(s) were right after all: never meet with a stranger, nor get into their car; especially if you're hitching a ride to Red Lobster. That's right: the popular seafood chain lost millions of dollars with their endless shrimp dine-in. We shouldn't shame Red Lobster for "shrimping" themselves, and their customers, out; there's always the crawfish or fish & chips, but I'm not the restaurant owner.

MY THOUGHTS AND REVIEW FOR THIS WEEK (06/22/2026-06/26/2026)

Rough week to say the least, and that includes those searching for jobs. If the company you applied uses Workday, that company is facing court in California for their bias in screnning candidates. Imagine you have all the credentials a company is looking for, backed with portfolios and education, only to be rejected with, "as we were impressed by your credentials, unfortunately, you do not meet the requirements we were looking for." If their job posting requires a Bachelor's Degree in Computer Science, and you earned one, shouldn't you get the job? Oh that's right, you need experience...and where does one get that? Coursera? Khan Academy? These companies aren't clear in what they want, yet blame applicants for being "under/overqualified." (I understand, as it's a reason I wrote and published my poem "Third-World Applicants" available for free download here.) Maybe then, earning that prestigious job will help give Amazon a run for their success, as reports state that Prime Day continues to thrive. Either that, or the housing market will finally boom. Accountability: that's the word going into next month.

Despite the plunge, do you have any confidence in Bitcoin? Will AI stocks continue? Will OpenAI consider IPO before this year ends? Let's talk all about it in the comments section below!

SOURCES:

1. Source by Google Finance

2. Source by Schwab Network

3. Source by Yahoo Finance

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