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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.

Key Takeaway

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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The Republican Party of Florida nixed its planned June 27 gubernatorial primary debate after U.S. Rep. Byron Donalds, endorsed by President Trump, was the only candidate to meet criteria like 10% poll support, $10 million raised, and 10,000 donors. Polls show Donalds leading at 38.8% to 54%, with Lt. Gov. Jay Collins at 7.6%, investor James Fishback at 4.1%, and former House Speaker Paul Renner at 2.2%. Gov. Ron DeSantis called the move counterproductive, arguing voters deserve to see candidates debate, while Donalds' camp dismissed alternatives as participation trophies; the party now offers individual speeches ahead of the August 18 primary.

Key Takeaway

Byron Donalds qualified easily for the debate stage, but with no challengers in sight, party leaders pulled the plug—leaving rivals fuming over a skipped showdown.

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The NBA reviewed Wembanyama's first-quarter shove on Brunson in Game 3 but kept it as a common foul, not a flagrant, despite admitting officials missed the initial call and drawing backlash from Knicks fans and pundits like Skip Bayless. Spurs pulled off a 115-111 victory behind Wembanyama's 32 points, eight rebounds, and six assists, cutting New York's Finals lead to 2-1. Postgame violence erupted at watch parties, with videos showing Knicks fans assaulting Spurs supporters—ripping jerseys, drawing blood, and chasing them—leading to NYPD arrests, pepper spray use, and condemnations from players on both teams. Tensions rise ahead of Game 4 tonight at MSG amid heightened security and a spat between MSG Sports and city officials over fan restrictions.

Key Takeaway

Victor Wembanyama's hard shove on Jalen Brunson lit up the court, but the real chaos spilled outside Madison Square Garden after the Spurs' upset win.

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Botagoz, trained by Roger Varian and ridden by Ray Dawson for owner Nurlan Bizakov, rallied late to win the Group 3 JenningsBet In Delves Hoppings Fillies' Stakes at Newcastle, denying heavily favored Diamond Rain under William Buick by the narrowest of margins. The three-year-old filly by Mehmas secured her third win in four starts, bred by Yulong Investments out of Bocca Baciata.

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In a GB News documentary released this week, British journalist Steven Edginton interviews 'Andrew,' who calls himself a former Antifa member. Andrew explains how the group dehumanizes targets by labeling them fascists or Nazis, comparing it to ISIS tactics and saying it now applies to anyone who disagrees. He describes members discussing guns and preparing for conflict, driven by fears of genocide or Nazi takeover. While some doubt his claims due to Antifa's loose structure, his account echoes concerns about rising political tensions, including recent terrorism charges by Attorney General Pam Bondi.

Key Takeaway

With neon blue hair and black leather, Andrew sat down for a street interview in Seattle. He shared a chilling view from inside: opponents get branded fascists first, making violence feel justified.

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Philadelphia Phillies outfielder Derek Hill made an incredible leaping catch at the wall to deny New York Mets' Juan Soto a home run in the first inning. The play has been highlighted by MLB and widely shared as a potential catch of the year.

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Sims exercised his $2.8 million player option for 2026-27 after a strong 2025-26 season with the Bucks, where he played 67 games, started 19, and averaged 5.0 points, 5.5 rebounds, and 1.6 assists in 19.7 minutes while shooting 78.4% from the field. He joined Milwaukee in a four-team trade at the 2025 deadline and now adds depth to a crowded frontcourt alongside Myles Turner and rookie Kel'el Ware. Fans celebrated the move as a bargain for his rebounding and lob-finishing skills, especially after his triple-double against Detroit in April, bolstering the roster amid a busy offseason.

Key Takeaway

Jericho Sims, the 27-year-old center who brought energy off the bench last season, just locked in his return to Milwaukee for another year.

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University officials revealed plans Thursday for a $1.45 billion overhaul of Ben Hill Griffin Stadium, the most expensive in college football history, starting after the 2026 season and finishing before 2030. The project preserves the 88,548 seats, historic orange wing walls, and close-to-the-field vibe, while expanding concourses, adding premium suites, upgrading video boards, and revamping team facilities. Officials project game-day revenue doubling from $75 million to $140 million annually to support all 21 Gator sports, funded by donations, reserves, and debt pending board approval. Gator Nation buzzes with excitement over renderings showing packed crowds and amplified 'Gator Bait' energy.

Key Takeaway

The Swamp, Florida's roaring heart of college football, is getting its biggest upgrade ever—keeping the deafening noise while adding modern comforts for fans.

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At AEW Double or Nothing in Queens, New York, ROH Women's World Champion Athena opened the 2026 Women's Owen Hart Cup quarterfinals by overpowering STARDOM's Mina Shirakawa. Shirakawa brought speed and fierce strikes, seeking payback from past brutal clashes, but Athena's power and savvy proved superior, targeting a knee before sealing the clean victory. Fans praised the hard-hitting match, calling for more Athena on AEW TV, as she now awaits the Skye Blue vs. Sareee winner in the semifinals leading to Forbidden Door on June 28.

Key Takeaway

Athena crushed Mina Shirakawa with her signature O-Face, raising her ROH title high to roaring cheers from the packed Louis Armstrong Stadium.

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