Today: 4 June 2026
Micron Drops as AI Memory Stocks Take a Hit
4 June 2026

Micron Drops as AI Memory Stocks Take a Hit

Micron Technology plunged 8.3% to $989.46 after a chip-sector selloff triggered by Broadcom’s revenue miss, but analysts say the memory-chip shortage could last years, with Morgan Stanley raising its target to $1,050; risks remain as Raymond James warns DRAM and NAND prices may peak mid-2026, and supply chain groups caution AI data centers are straining chip availability.
Read More
Solidion Shares Surge Following Space Battery Announcement

Solidion Shares Surge Following Space Battery Announcement

4 June 2026
Solidion shares soared 361% to $23.21 after unveiling a patented battery platform for satellites, AI data centers, and lunar infrastructure, despite no customer orders, limited cash of $38,887, minimal sales, a going-concern warning, and defaulted debt, making future financing and dilution key risks for investors.
Read More
Rigetti Computing Stock Jumps Before RGTI Earnings as Quantum Revenue Test Hits Tonight

Rigetti Shares Fall Premarket With Fresh Nasdaq Test for Quantum

Rigetti Computing shares dropped 10.4% to $24.10 in pre-market trading as investors brace for Quantinuum’s $1.68 billion Nasdaq IPO, signaling a sector-wide markdown in quantum stocks driven by competitive pressure, funding uncertainty, and continued operating losses despite recent government R&D agreements and strong investor appetite for quantum assets.
4 June 2026
·······
Marvell Shares Set New High With Nvidia Surge Lifting Chip Suppliers

Marvell Shares Set New High With Nvidia Surge Lifting Chip Suppliers

Marvell soared to a record $301.65 close after Nvidia CEO Jensen Huang called it the next “trillion-dollar company,” fueling an AI-led rally as investors reprice Marvell for its data-center networking and custom chip growth; record Q1 revenue and raised forecasts add momentum, but Morningstar warns the stock now trades well above its $235 fair value estimate with “High” uncertainty.
4 June 2026
····

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

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

······
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.
Read More

Latest

High demand wipes out U.S. Mint $5,370 gold coin in minutes

High demand wipes out U.S. Mint $5,370 gold coin in minutes

The U.S. Mint’s new $5,370 one-ounce American Eagle gold coin sold out in under two minutes, highlighting surging demand for physical gold investment, which Metals Focus says will overtake jewelry as the top gold demand driver this year; spot gold rose 1.7% to $4,505.35, but analysts warn high rates and a stronger dollar could pressure prices and premiums.
04 Jun
PVH Drops Hard as Calvin Klein Parent Issues Warning

PVH Drops Hard as Calvin Klein Parent Issues Warning

PVH shares plunged 21% after the company slashed its annual sales outlook, blaming the Middle East conflict for a 5% EMEA revenue drop; despite beating first-quarter earnings estimates, the warning erased over a fifth of PVH’s market value as investors focused on EMEA demand risks, with the region making up 47% of sales.
·
04 Jun
Redwire Stock Gains After Space-Strawberry Announcement, More Ahead

Redwire Stock Gains After Space-Strawberry Announcement, More Ahead

Redwire shares soared 14.6% to $21.33 after announcing a contract with Astrobiome Space for crop research on the ISS, marking the first commercial flight of its Greenhouse system; contract value was undisclosed, leaving investors to weigh the near-term financial impact as Redwire works to convert a record $498.1 million backlog into revenue following a recent Jefferies downgrade to Hold.
···
04 Jun
Snap Shares Climb as Debt Markets Send Signal

Snap Shares Climb as Debt Markets Send Signal

Snap Inc. shares surged nearly 7% after S&P Global Ratings upgraded its credit rating to BB- from B+, citing lower leverage, improved free cash flow, expected revenue growth, and cost savings, with the stock trading at $6.13 on heavy volume; the upgrade signals progress but Snap remains below its 52-week high and still faces execution risks tied to ad demand and spending.
·
04 Jun
Micron Drops as AI Memory Stocks Take a Hit

Micron Drops as AI Memory Stocks Take a Hit

Micron Technology plunged 8.3% to $989.46 after a chip-sector selloff triggered by Broadcom’s revenue miss, but analysts say the memory-chip shortage could last years, with Morgan Stanley raising its target to $1,050; risks remain as Raymond James warns DRAM and NAND prices may peak mid-2026, and supply chain groups caution AI data centers are straining chip availability.
·······
04 Jun
Quantinuum starts $1.68B Nasdaq debut, quantum stocks watch

Quantinuum starts $1.68B Nasdaq debut, quantum stocks watch

Quantinuum raised $1.68 billion in a Nasdaq IPO at $60 per share—above its marketed range—giving investors access to a Honeywell-backed quantum computing pure-play as the U.S. government pledges $2 billion in quantum incentives, but the company posted a $192.6 million net loss on $30.9 million revenue in 2025 and remains reliant on a few customers, with Honeywell retaining about 48.1% ownership after the offering.
····
04 Jun
Splash Beverage Stock Climbs — NYSE Details for Traders

Splash Beverage Stock Climbs — NYSE Details for Traders

Splash Beverage soared 71% to $0.2420 after filing a plan to regain NYSE American compliance, with shares quoted at $0.3650 premarket as investors react to survival efforts amid expired Medterra CBD talks, a sharp revenue drop to $4,224, a $2.14 million loss, and just $381,195 in cash, leaving the company dependent on new deals and financing to avoid delisting.
·
04 Jun
Intel Shares Drop Even as Tech Climbs—AI Trade Not Enough

Intel Shares Dip Premarket Despite Foxconn AI Deal

Intel shares slid 3.71% to $108.53 premarket as a new AI partnership with Foxconn failed to offset a chip-sector selloff sparked by Broadcom’s disappointing results; investors face uncertainty as Intel and Foxconn gave no financial details, customer names, or launch timeline for their AI collaboration, raising questions about how soon the deal could boost revenue.
··
04 Jun
Nvidia Faces New AI Test After Broadcom Drop Hits Chip Stocks

Nvidia Faces New AI Test After Broadcom Drop Hits Chip Stocks

Nvidia shares slipped to $214.75 premarket as a Broadcom-led chip selloff rattled AI stocks, after Broadcom’s disappointing AI chip results and flat 2027 revenue target triggered a $315 billion market value drop; investors are questioning whether Nvidia’s rapid growth and dominance can keep matching sky-high expectations despite record Q1 revenue and expanded buybacks.
···
04 Jun
Alphabet Stock Eyes AI Raise as Google Parent Increases Target to $84.75 Billion

Alphabet Stock Eyes AI Raise as Google Parent Increases Target to $84.75 Billion

Alphabet shares slipped about 0.7% pre-market as investors reacted to its $84.75 billion equity raise to fund massive AI infrastructure spending, with the common-stock offering set to close today and a $10 billion Berkshire Hathaway investment anchoring the deal; 2026 capital expenditures are forecast at $180–$190 billion, with stock dilution and AI demand key risks.
···
04 Jun
Go toTop