Today: 11 June 2026
Tech stocks slide after hours, Oracle’s AI spending draws focus
11 June 2026

Tech stocks slide after hours, Oracle’s AI spending draws focus

Semiconductor stocks plunged 3.6%, dragging the S&P 500 technology sector into correction territory—down 11% from its June 2 record—as investors punished AI-linked companies like Oracle and Super Micro Computer for heavy spending and capital raises, signaling a shift in risk appetite amid rising inflation and escalating U.S.-Iran tensions.
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Intel Drops as Chip Selloff Hits Shares Despite Google AI Bid Hopes

Intel Drops as Chip Selloff Hits Shares Despite Google AI Bid Hopes

11 June 2026
Intel shares fell 0.8% to $107.04 as the stock’s main catalyst—a reported Google order for over 3 million Intel-made TPUs for 2028—remains unconfirmed, while the Philadelphia Semiconductor Index plunged 3.6% and tech stocks entered correction territory, highlighting investor focus on external foundry demand amid sector-wide profit-taking and supply chain concerns.
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Honeywell Shares Slide as Investors Shift Ahead of Aerospace Spin Off and Investor Meeting

Honeywell Shares Slide as Investors Shift Ahead of Aerospace Spin Off and Investor Meeting

Honeywell shares slid 3.6% to $207.93 as investors questioned the value of the company post-aerospace spin-off, with Barclays cutting its price target to $239 and Bernstein initiating coverage at Market Perform with a $233 target, citing weaker near-term cash flow and uncertainty over the benefits of the split ahead of the June 11 investor day and June 15 spin-off record date.
10 June 2026
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Grab Shares Up Off Lows as Investors Watch Taiwan Deal Test

Grab Shares Up Off Lows as Investors Watch Taiwan Deal Test

Grab shares edged up 0.5% to $3.315 after the company detailed new commitments to Taiwan partners and merchants ahead of its $600 million foodpanda Taiwan acquisition, a deal that could add at least $60 million to adjusted EBITDA in 2028 if approved by regulators, with the stock still trading near its 52-week low as investors await regulatory decisions.
10 June 2026
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T1 Energy Stock Just Got Hit—KORE Deal Filing Puts Dilution Back in Focus

Trina Solar Faces Short-Seller Heat Over Tax Credits, T1 Energy Stock Drops

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10 June 2026
T1 Energy shares plunged nearly 8% to $7.79 after Fuzzy Panda Research published whistleblower-backed invoices alleging $65 million in first-quarter solar-cell purchases from Trina Solar, challenging T1’s eligibility for key U.S. manufacturing tax credits and casting doubt on its reported $9.1 million adjusted EBITDA, just as the company pursues a major battery storage and AI infrastructure acquisition.
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Constellation Energy Earnings Preview: AI Power Bet Faces a 7% Stock Test

Constellation Energy Drops; Three Mile Island Restart News Runs Into AI Power Sector Selloff

Constellation Energy shares fell 3.3% to $243.32 despite regulatory progress for the Crane Clean Energy Center, as investors repriced AI-linked power stocks; the next key catalyst is the NRC’s public-comment deadline on July 8 ahead of a projected final environmental decision in September, with stock sentiment hinging on regulatory milestones and data center power demand.
10 June 2026
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BigBear.ai Stock Bounces as Shareholder Vote Squeeze Meets Panama AI Speculation

BigBear.ai Stock Bounces as Shareholder Vote Squeeze Meets Panama AI Speculation

BigBear.ai shares rose 2.8% to $4.10 as investors weighed the approved move to double authorized shares to 1 billion, giving the company flexibility for financing but raising dilution risks, while the Panama cargo-security rollout and $281.9 million backlog keep growth hopes alive amid ongoing losses and revenue conversion questions.
10 June 2026
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IREN Stock Pauses as Nvidia Rally Cools Before Holiday

IREN Shares Fall Again; Microsoft AI Cloud Agreement Still in Focus

IREN plunged 8.73% to $54.02 Tuesday and slid another 3.72% premarket as investors weighed Wall Street’s bullish calls on its AI cloud buildout against a tech and crypto selloff; the stock’s fate now hinges on IREN’s ability to deliver Microsoft- and Nvidia-linked AI infrastructure on schedule, with the Microsoft contract at risk if timelines slip.
10 June 2026
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Why Aurora Innovation Stock Is Falling as Uber’s $479 Million Share Sale Tests the Driverless Truck Rally

Why Aurora Innovation Stock Is Falling as Uber’s $479 Million Share Sale Tests the Driverless Truck Rally

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10 June 2026
Aurora Innovation shares slid as Uber’s Neben Holdings sold 67.5 million shares for $479 million, fueling a supply overhang that pushed AUR down 1.6% Tuesday and another 2.44% pre-market, as investors worry about large shareholder exits amid Aurora’s ongoing cash burn, minimal revenue, and reliance on future commercial milestones for growth.
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June 2025 AI News Roundup: Breakthroughs, Surprises, and Global Developments

June 2025 AI News Roundup: Breakthroughs, Surprises, and Global Developments

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28 June 2025
OpenAI CEO Sam Altman said GPT-5 will launch in summer 2025, claiming major improvements over GPT-4. Midjourney released its first text-to-video system, Model V1, in June 2025. Meta delayed LLaMA 4 Behemoth to late 2025 due to performance issues. Google DeepMind introduced Gemini Robotics On-Device, running vision-language-action AI entirely on robots.
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Latest

Murphy USA Shares Spike 10% After Casey’s Margin Surge Rattles Gas Station Sector

Murphy USA Shares Spike 10% After Casey’s Margin Surge Rattles Gas Station Sector

Murphy USA soared 10.04% to $612.16 as investors seized on Casey’s General Stores’ stronger-than-expected fuel margins, spotlighting sector-wide pump profitability; with Murphy’s own first-quarter fuel contribution up 40.6% and margins at 35.0 cents per gallon, the stock’s jump reflects bets that high margins will persist, though volatility in fuel prices remains a key risk.
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11 Jun
Intel Drops as Chip Selloff Hits Shares Despite Google AI Bid Hopes

Intel Drops as Chip Selloff Hits Shares Despite Google AI Bid Hopes

Intel shares fell 0.8% to $107.04 as the stock’s main catalyst—a reported Google order for over 3 million Intel-made TPUs for 2028—remains unconfirmed, while the Philadelphia Semiconductor Index plunged 3.6% and tech stocks entered correction territory, highlighting investor focus on external foundry demand amid sector-wide profit-taking and supply chain concerns.
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11 Jun
YY Group Shares Spike as Humanoid Robot Plans Unveiled

YY Group Shares Spike as Humanoid Robot Plans Unveiled

YY Group Holding shares surged to $0.165 on heavy volume after announcing a commercial humanoid-robotics initiative using Unitree G1 robots and facility-management data, reframing the company as a robotics-and-AI data play; the rally comes despite 2025 net loss, dilution risk from a relaunched at-the-market share-sale program, and no disclosed robot-related revenue or contracts.
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10 Jun
ERock Falls in NYSE Debut, AI Power Firm Starts Trading Below IPO Price

ERock Falls in NYSE Debut, AI Power Firm Starts Trading Below IPO Price

ERock plunged 12.37% below its $21.50 IPO price on debut as investors questioned whether its $1.28 billion AI data-center power-system backlog—$1.1 billion tied to AI projects—will convert to revenue, despite surging demand and a major Meta contract; risks flagged include customer cancellations and execution challenges, with the company posting a $17.2 million quarterly loss.
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10 Jun
Coeur Mining Drops Even as S&P MidCap 400 Move Meets Gold Slide

Coeur Mining Drops Even as S&P MidCap 400 Move Meets Gold Slide

Coeur Mining shares fell 4.23% to $15.41 despite confirmation it will join the S&P MidCap 400 on June 22, as plunging gold and silver prices outweighed the usual index-inclusion boost; gold sales made up 56% of Q1 revenue and silver 42%, leaving future cash flow highly sensitive to metals prices.
10 Jun
Cameco (CCJ) Drops 7% as Uranium Stocks See Investors Step Back

Cameco (CCJ) Drops 7% as Uranium Stocks See Investors Step Back

Cameco shares plunged 7.4% to $94.74 in late trading—far outpacing the 0.07% drop in Canada’s S&P/TSX—as uranium stocks broadly sold off despite no change in Cameco’s production guidance; investors now await July 31 results for confirmation that production recovery and Westinghouse progress can support the stock’s high valuation.
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10 Jun
AI Names Drop, Oil Upends Inflation Bets, US Stocks Slip

AI Names Drop, Oil Upends Inflation Bets, US Stocks Slip

Super Micro Computer plunged over 20% after unveiling a $7 billion equity financing plan to meet surging but non-binding AI-server demand, stoking dilution fears and triggering a broad tech selloff that dragged the S&P 500 down 1.56%, Nasdaq 1.99%, and Dow 1.67% as investors also reacted to hotter inflation and rising oil prices amid U.S.-Iran tensions.
10 Jun
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