Stock Market Today: Nasdaq and Russell 2000 Sink Over 1% As Tech Slide Continues

An 84-year-old dining chain franchisee has filed for Chapter 7 bankruptcy, a legal process that allows for the liquidation of its assets. This filing reflects the ongoing struggles faced by many restaurant chains in 2025, as they grapple with economic challenges and shifting consumer preferences.

A cosmetics chain has announced the closure of additional stores following its Chapter 11 bankruptcy filing, reflecting ongoing challenges in the beauty industry as it grapples with the balance between physical retail and digital sales. This decision underscores the difficulties faced by traditional retailers in adapting to changing consumer behaviors.

A well-known convenience store brand, Richdale's, is closing all its stores, a decision that reflects changing consumer preferences and market dynamics. The closure follows a trend where loyalty to specific convenience store brands is being challenged by evolving consumer expectations.

Aspire Biopharma has received an extension from Nasdaq to meet its listing requirements, allowing the company additional time to comply with the exchange's standards. This extension is crucial for maintaining its status on the Nasdaq stock exchange, which is vital for its visibility and access to capital markets.

Billionaire money manager Ken Fisher has expressed a controversial viewpoint regarding stock market valuations, asserting that price-to-earnings (P/E) ratios are not as critical as commonly perceived in the ongoing debate about whether stocks are overvalued. This perspective challenges traditional investment metrics and invites further discussion among investors.

A US-made bedding brand has announced its decision to liquidate under Chapter 7 bankruptcy, reflecting a significant challenge in the market for American-made products. Despite a majority of Americans valuing domestic manufacturing, many are unwilling to pay a premium for these goods, which has contributed to the brand's financial struggles.

A movie and TV company has unexpectedly filed for Chapter 11 bankruptcy, highlighting the ongoing financial struggles within the entertainment industry, where upfront production costs often exceed revenue generated post-release. This move reflects the inherent risks associated with film and television production, where profitability remains elusive despite the glamour of the industry.

VSee Health's stock has seen a significant increase following the company's successful regaining of compliance with Nasdaq's listing requirements. This development marks a positive turnaround for the company, which had previously faced challenges regarding its stock status on the exchange.