Business

Tech Stocks Face Challenges Amid Market Volatility

Updated 2026-06-22 20:50 UTC 1 source Negative

Nvidia's stock performance has impacted the overall chip index, which has doubled this year. Meanwhile, SpaceX's value has dropped significantly below its IPO-day closing price.

Coverage timeline — 2 articles

MarketWatch

SpaceX sheds $400 billion in value as stock slides below its IPO-day closing price

Anyone who bought SpaceX’s stock after the first trading day is now underwater on those purchases — at least on paper.

2026-06-22 20:38 UTC

MarketWatch

A major chip index has doubled this year despite Nvidia ranking dead last

“Nvidia has gotten so large that its ability to beat expectations has gotten much smaller,” an analyst says.

2026-06-22 20:40 UTC