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Closing Bell: Chip Stocks Rally, AT&T & Verizon Slip, Vita Coco Falls | Stock Movers
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June 30, 2026
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6:04Now PlayingOn this episode of Stock Movers:
Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.
- Shares of semiconductor-related companies rallied as increased investments from leading chipmakers in South Korea bolster investors’ optimism. ASML (ASML) hit a fresh record in Amsterdam earlier. In the US, chip equipment suppliers like Applied Materials (AMAT) and KLA (KLA) closed higher in New York trading. A growing list of analysts turned more positive on chip-tool makers in June, expecting top chipmakers to speed up equipment purchases.
- AT&T (T) and Verizon (VZ) are among telecommunications stocks extending losses after news that SpaceX and Charter Communications held executive-level talks about partnering on a consumer mobile phone offering that could directly challenge wireless providers, according to people familiar with the matter.
- Vita Coco (COCO) fell for the fourth day in a row for its worst decline in that span of times since March 2022.
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Closing Bell: Chip Stocks Rally, AT&T & Verizon Slip, Vita Coco Falls
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