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The Swedish firm's stock closed at 67 kronor on June 25, down 21%, and fell another 5% to about 63.55 kronor by late June 26, slashing its market cap to around $1.8 billion USD after a 1,400% year-to-date surge. The selloff stemmed from the U.S. Federal Reserve's June 17-18 meeting, where rates stayed at 3.50%-3.75% but projections pointed to future hikes amid inflation fears, hitting the Philadelphia Semiconductor Index by nearly 8%. Bulls like analyst Serenity, holding over a million shares, call the dip oversold, citing Sivers' indium phosphide lasers for AI data centers and ties to partners like GlobalFoundries and POET Technologies, while skeptics flag valuation risks and competition ahead of the August report.

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Sivers Semiconductors watched its shares tumble over 20% in one day, caught in a wave of selling across AI and photonics stocks following a tougher-than-expected Fed outlook.

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Euro Pacific Asset Management chief Peter Schiff this week dismissed Bitcoin as a flawed medium of exchange and inferior store of value compared to tokenized gold. He referenced Cathie Wood's revised $1.2 million Bitcoin target for 2030, blaming stablecoins' rise in emerging markets. Amid Bitcoin's 5% year-to-date drop to $90,400, gold has surged 54% while drawing online mockery of Schiff's repeated past predictions.

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Peter Schiff strikes again: Bitcoin is doomed, he says, as stablecoins steal its transaction role and gold crushes it in value storage.

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England manager Thomas Tuchel stated he has no regrets over his World Cup squad selection despite injuries to right-backs Reece James and Tino Livramento, refusing to discuss the absence of Trent Alexander-Arnold. Pundit Jamie Redknapp called the exclusion a monumental mistake, with fans and commentators questioning Tuchel's decision amid concerns over defensive depth. Discussions highlight Tuchel's emphasis on defensive versatility and Trent Alexander-Arnold's recent form and injury history as factors in the selection.

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SpaceX's Falcon 9 lifted off at 6:04 a.m. EDT from Cape Canaveral, deploying 29 Starlink V2 Mini satellites into orbit after booster B1077 nailed its record 28th landing on the droneship A Shortfall of Gravitas. Photographers and enthusiasts captured the ethereal trails arcing against the dark sky, sharing views from Merritt Island to Tampa. This marked SpaceX's 58th Falcon 9 mission of 2026, steadily growing the Starlink network to bring high-speed internet to remote areas worldwide.

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In the predawn quiet, sunlight lit up the rocket's exhaust plumes like a glowing space jellyfish, mesmerizing viewers along Florida's coast.

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Switzerland crushed Malta 6-1 in a FIFA Women's World Cup 2027 qualifier, with Barcelona Femení midfielder Schertenleib delivering the stadium's inaugural strike and adding an assist before subbing off to cheers from 7,500 fans. Riola Xhemaili, Seraina Piubel, Aurélie Csillag, and Géry Reuteler added to the tally, securing top spot in UEFA League B Group 2. The Zurich-born talent, who joined Barça via an Instagram DM scout in 2024, drew raves from fans for her effortless power and precision, with many calling her a midfield heir apparent.

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Just seven minutes into the match, 19-year-old Sydney Schertenleib cut inside from the right flank and curled a 25-yard rocket into the top corner, etching her name into history as the scorer of the first goal at Lugano's new AIL Arena.

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World No. 4 Świątek, fresh off a split with her previous coach after early 2026 losses like a Miami upset and Australian Open quarterfinal exit, announced Roig's addition to her team this week. She's now grinding drills at the Rafa Nadal Academy, with the retired clay king himself offering pointers during sessions. The move taps Nadal's expertise ahead of clay season starting next week in Monte Carlo, where her topspin game could shine toward a fifth French Open title.

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On the red dirt courts of Mallorca, Iga Świątek shares a smile with Rafael Nadal, racket ready, as she kicks off training with his longtime coach Francisco Roig.

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The collection, dropping today ahead of the June 29 tournament start, features performance pieces like a scalloped tank top, pleated skirt, Silk Trek tracksuit, and Deco leather 530 SL sneakers in technical stretch jersey. Gauff, the world No. 7 and 2023 US Open champion, will wear them on court, blending athletic movement with preppy elegance to honor Wimbledon's timeless style. Fans love the chic vibe, though some note similarities to past kits, as Gauff aims to surpass her round-of-16 best on grass.

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Coco Gauff steps into Wimbledon prep feeling like a superhero in her crisp new all-white kit from New Balance and Miu Miu.

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ESPN announced its Wimbledon 2026 broadcast schedule, providing daily coverage on ABC and ESPN channels with all matches streamed exclusively on ESPN Unlimited. No Wimbledon matches will be available on ESPN+ or select-only plans.

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ESPN announced its Wimbledon 2026 broadcast schedule, providing daily coverage on ABC and ESPN channels with all matches streamed exclusively on ESPN Unlimited. No Wimbledon matches will be available on ESPN+ or select-only plans.

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Ruling Elder Melton L. Duncan, a church administrator from Second Presbyterian in Greenville, South Carolina, was elected moderator. Teaching Elder Fred Greco, senior pastor at Christ Church Presbyterian in Katy, Texas, became the new stated clerk after unanimous approval. The 53rd General Assembly, underway at the Kentucky International Convention Center since June 22, saw reactions mix congratulations with jokes about Greco's booming voice. The gathering continues through Saturday, handling business for the growing conservative Reformed denomination.

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In a lively evening session, the Presbyterian Church in America chose two experienced leaders to guide its annual assembly in Louisville.

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