Butterfly Network (BFLY) Jumps as Tech Sector Falters — Here’s Why

Butterfly Network (BFLY) Jumps as Tech Sector Falters — Here’s Why Angelica Ballesteros Wed, June 24, 2026 at 4:01 AM GMT+2 2 min read BFLY Butterfly Network Inc. (NYSE:BFLY) is one of the 10 Resilient Stocks Beating Market Slump. Butterfly Network rebounded by 5.

50 percent on Tuesday to finish at $7. 67 apiece, as investors shifted to other high-growth industries and stocks amid a steep selloff in the AI and technology sectors. Its rally can also be primarily attributed to the successful development of a full-body ultrasound scanner by Midjourney, built on Butterfly Network Inc.

's (NYSE:BFLY) chips. Tower Semiconductor Ltd. (TSEM) Forecasts Upbeat Quarterly Revenue For illustration purposes only.

Photo from Pixabay/Pexels According to the latter, it successfully incorporated 40 Butterfly Ultrasound-on-Chip imaging modules into Midjourney's Scanner—a full-body tomographic imaging machine prototype, helping validate its technology. "After nearly 35 years working in healthcare, it's clear to me that our US healthcare system is still primarily designed to treat illness, not prevent it. The future of health starts with awareness: understanding your body earlier and tracking how it responds to factors like diet, exercise, and behavior.

Midjourney has unveiled an extraordinary whole-body scanner—no radiation, no magnetic risk, low cost, and accessible—with about half a million sensors scanning simultaneously and over two petaflops of processing power. Designed for weekly use, this is the next generation of AI on device. A continuous window into your health… because the earlier you can see what's changing, the sooner you can do something about it," said Butterfly Network Inc.

(NYSE:BFLY) Chairman, President, and CEO Joseph DeVivo. Butterfly Network Inc. (NYSE:BFLY) earlier said that it expected $74 million in payments from the collaboration over a five-year period.

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