Today: 10 June 2026

Iwona Majkowska

T1 Energy Stock Gets a $32 Million Battery Test as AI Power Demand Builds

T1 Energy Stock Gets a $32 Million Battery Test as AI Power Demand Builds

T1 Energy shares held nearly flat after announcing a $32 million deal to acquire KORE Power, expanding into battery storage and data-center infrastructure; Northland initiated coverage with an Outperform rating and $16 price target but highlighted funding and ramp-up risks, as T1 aims for positive EBITDA in 2026 and $15–20 million EBITDA contribution in 2027, pending deal closure and KORE shareholder approval.
3 June 2026
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Applebee’s to shut Calexico restaurant after two decades as challenges mount

Applebee’s to shut Calexico restaurant after two decades as challenges mount

Dine Brands will close the Calexico Applebee’s this month amid a wave of U.S. restaurant closures, putting nearly 30 jobs at risk as the company shifts focus to dual-branded Applebee’s-IHOP locations; Applebee’s same-restaurant sales rose just 1.9% last quarter, trailing rivals Chili’s and Olive Garden, while Dine Brands warns inflation and rising costs could impact future performance.
3 June 2026
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Alphabet Stock Is Slipping After a Huge AI Cash Call. Here’s What Traders Are Watching

Alphabet Stock Is Slipping After a Huge AI Cash Call. Here’s What Traders Are Watching

Alphabet’s Class A shares fell 0.8% after the company upsized and priced an $84.75 billion equity raise to fund AI infrastructure, increasing dilution risk for shareholders even as demand for AI services outpaces supply; the offering is set to close June 4-5, with Berkshire Hathaway as a key investor, but Alphabet warned future share sales could further weigh on stock prices.
3 June 2026
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Sadot Rallies 170% After $12M Tradewell Deal Brings SDOT Back to Spotlight

Sadot Rallies 170% After $12M Tradewell Deal Brings SDOT Back to Spotlight

Sadot Group shares more than doubled after acquiring UAE-based Anira Consulting for $12 million in stock and convertible notes, aiming to pivot into commodity trading tech days after a 1-for-20 reverse split, but investors face risks from a $57.8 million working-capital deficit, no Q1 commodity sales, a $4.9 million net loss, and a “going concern” warning, with Anira’s financials yet to be disclosed.
3 June 2026
American Airlines Puts 23,000 Football Seats in Play—But the Real Challenge Starts Post-Kickoff

American Airlines to Pause Pittsburgh-LA Route Starting June 3

American Airlines will suspend its daily Pittsburgh-Los Angeles nonstop flights from Aug. 5 to Oct. 4 due to high jet fuel costs, impacting one of Pittsburgh International Airport’s key West Coast routes and reflecting a $4 billion-plus fuel expense increase this year, as the airline trims schedules nationwide to offset rising costs.
3 June 2026
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Corning shares move after AI news

Corning shares move after AI news

Corning soared 13.4% to $200.40 on heavy volume after Nvidia’s CEO spotlighted the need for optical links in AI data centers, with Corning’s recent Nvidia and Meta deals making it a top play on AI infrastructure; first-quarter core sales jumped 18% and optical sales surged 36%, but investors face risks from consumer electronics demand and execution on new factory expansions.
3 June 2026
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QQQM’s $835 Million AI Wave Meets a Zscaler Reality Check

QQQM’s $835 Million AI Wave Meets a Zscaler Reality Check

Invesco’s QQQM rose 0.2% to $306.54 after $835.44 million in five-day net inflows, driven by investor demand for AI-linked giants like Nvidia, Apple, and Microsoft, even as Zscaler plunged 8.9% on weak guidance, highlighting ongoing volatility and risk in concentrated growth funds.
2 June 2026
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Stock Market Today

  • FTSE 100 Edges Higher Amid US-Iran Tensions and Diplomatic Talks
    June 10, 2026, 6:29 AM EDT. The FTSE 100 advanced 0.21% despite escalating US-Iran hostilities, as investors focused on ongoing diplomatic efforts. US strikes targeted Iranian military sites near the Strait of Hormuz following the downing of a US helicopter, while Iran responded with missile attacks on US facilities in the Middle East. Most attacks were intercepted with no major casualties reported. Markets responded positively to a White House official's remarks that negotiations remain on track. UK shares saw WH Smith lower profit forecasts due to Middle East disruption and weaker travel demand. Thames Water could face £749 million in costs amid a restructuring plan. Private equity firms Warburg Pincus and KKR consider selling UK fibre broadband assets, reflecting strong demand for digital infrastructure.

Latest articles

Plug Power Stock Slides as Cash-Burn Questions Challenge the Hydrogen Turnaround Trade

Plug Power Stock Slides as Cash-Burn Questions Challenge the Hydrogen Turnaround Trade

10 June 2026
Plug Power plunged 8.78% to $2.91, its fifth straight loss, as investors focus on whether recent liquidity moves—including a $39.2 million tax credit sale—can offset a first-quarter operating cash burn of $150 million ahead of the June 11 shareholder meeting, with the stock’s volatility tied to ongoing cash concerns despite improved margins.
US stock futures slip with CPI ahead as Iran oil risk stirs Fed worries

US stock futures slip with CPI ahead as Iran oil risk stirs Fed worries

10 June 2026
S&P 500, Nasdaq 100, and Dow futures fell sharply premarket as investors braced for the May CPI report, expected to show the fastest annual inflation since April 2023, with tech stocks hit hardest amid rising oil prices and fresh U.S.-Iran strikes, raising fears of persistent inflation and fewer Fed rate cuts.
Erie Insurance gains 15 spots to No. 308 on Fortune 500

Erie Insurance gains 15 spots to No. 308 on Fortune 500

10 June 2026
Erie Insurance jumped 15 spots to No. 308 on the 2026 Fortune 500 with $14.6 billion in revenue, easily clearing the $7.5 billion cutoff as the bar rose 5%, but analysts warn U.S. property-and-casualty insurers face softer pricing, more competition, and rising catastrophe risks, with 2026 premium growth forecast to slow and return on equity to ease after a strong 2025.
Oracle Stock Moves Higher as AI Backlog Draws Focus

Oracle Faces $600 Billion AI Bet as Traders Watch for Volatility

10 June 2026
Oracle shares slid nearly 3% to $205.81 ahead of Wednesday’s earnings, as investors await proof that its $553 billion AI cloud backlog can convert to revenue quickly enough to justify heavy data-center spending, with options pricing signaling an 11% stock swing after results.
DraftKings (DKNG) Moves After Prediction-Market News — Traders Focus on Stock

DraftKings (DKNG) Moves After Prediction-Market News — Traders Focus on Stock

10 June 2026
DraftKings shares soared 11.34% to $27.59 after revealing a 24% month-over-month jump in annualized consumer volume to $1.3 billion and a 34% rise in total volume traded to $3.1 billion in its Predictions product for May, based on preliminary, unaudited data, outpacing a falling Nasdaq and spotlighting investor focus on the product’s revenue potential and DraftKings’ strategic push.
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