June 5, 2026 — Markets If you opened your portfolio app this morning and felt your stomach drop, you're not alone. The S&P 500 is down nearly 2%, the Nasdaq is getting hammered with a 3% decline, and chip stocks are bleeding out double digits. So what happened? Let's break it down. The Chip Wreck The sell-off started before the sun came up — and it has a name: Broadcom. The semiconductor giant reported earnings on Thursday that rattled the entire chip sector. Broadcom shares tumbled more than 12% overnight, and the panic spread fast. By Friday morning, the damage looked like this: Marvell Technology : -10% Micron Technology : -10% AMD : -9% Intel : -8% ASML (Netherlands): -3.8% Infineon (Germany): -6% This wasn't just a US problem. The sell-off rippled across Asia too — South Korea's Kospi index closed down a brutal 5.54%, dragged lower by its massive semiconductor sector. The chip industry had been riding an AI-fueled wave for months. Today's ...
How a Luxury Development Became a Flashpoint Over Environment, Power, and Foreign Influence TIRANA, Albania — What began as an ambitious luxury tourism project backed by Jared Kushner and Ivanka Trump has rapidly transformed into one of Albania's most contentious political controversies, triggering mass protests, environmental investigations, and growing scrutiny of the relationship between foreign investors and government power. For days, thousands of demonstrators have filled the streets of Tirana and coastal regions, demanding that authorities halt a multibillion-dollar resort development tied to Kushner's investment firm, Affinity Partners. Protesters accuse the government of sacrificing protected natural areas, bypassing transparency standards, and granting extraordinary privileges to politically connected investors. The dispute has evolved beyond a real estate project. It now represents a broader struggle over environmental conservation, democratic accountability, and t...