Today: 13 June 2026

Leokadia Głogulska

Super Micro Slides Again as $7 Billion AI Financing Fuels Dilution Fears

Super Micro Slides Again as $7 Billion AI Financing Fuels Dilution Fears

Super Micro Computer priced 45.45 million shares at $27.50 and depositary shares linked to 7% mandatory convertible preferred stock, aiming to raise up to $7 billion, sending SMCI down 4.7% to $30.46 as investors weigh dilution risk against $39 billion in non-binding AI server orders and await proof these orders convert to profitable revenue without further margin or share count pressure.
Rigetti Computing Stock Falls as Sale Notice Tests $100 Million Quantum Rally

Rigetti Computing Stock Climbs After $40 Target, But Quantum Valuation Risks Remain

Rigetti Computing shares jumped to $21.945 intraday after Rosenblatt reaffirmed a Buy rating and $40 target, spotlighting nearly 99% upside as investors weigh quantum-computing momentum, small revenue, steep operating losses, and possible dilution from government-linked funding, with the next catalyst hinging on converting a $100 million Commerce letter of intent and 108-qubit system demand into funding and customer wins.
Iran War Oil Prices Drop Below $90 as Peace Deal Hopes Shake Energy Stocks

Iran War Oil Prices Drop Below $90 as Peace Deal Hopes Shake Energy Stocks

Brent crude plunged 3.7% to $87.04 and WTI dropped 3.55% to $84.60 after reports the U.S. and Iran are close to a deal to halt the war, pulling war premium from oil; energy stocks rose as investors weighed lower prices against tight supply, with Exxon up 1.1% and Chevron up 1.2%, but future moves hinge on whether a deal is signed and oil flows through the Strait of Hormuz recover.
Cipher Digital Moves Higher After AI Data Center Investment Draws Attention to CIFR

Cipher Digital Moves Higher After AI Data Center Investment Draws Attention to CIFR

Cipher Digital surged 9% to $24.66 Friday after pricing $810 million in senior secured notes for its Stingray AI data center, with the June 15 closing seen as the next key catalyst; despite analyst Buy ratings and a rebound from Wednesday’s selloff, high volatility, ongoing losses, and debt-funded construction keep CIFR speculative and risky, making execution on its AI pivot critical for stock performance.
Adobe Tumbles After CFO Departs, Even as Q2 Hits Records and AI Adds Growth

Adobe Tumbles After CFO Departs, Even as Q2 Hits Records and AI Adds Growth

Adobe plunged 6.25% to $218.80 and slid further to $208.17 premarket after record Q2 results beat estimates, as investors fixated on CFO Dan Durn’s June 15 exit and uncertainty over AI monetization, despite raised full-year guidance; shares neared a 52-week low and have dropped over 37% this year amid leadership turnover and AI competition concerns.
Sandisk Jumps to 52-Week High, Gains 14.5% in AI-Fueled Push

Sandisk Jumps to 52-Week High, Gains 14.5% in AI-Fueled Push

Sandisk soared 14.5% to $1,881.51 after hitting a 52-week high amid a semiconductor rally, fueled by a 251% year-over-year revenue jump and bullish guidance for Q4 revenue of $7.75–$8.25 billion; Bank of America raised its price target to $2,100, citing strong memory pricing and supply contracts, as Sandisk joins the Nasdaq-100 and investors eye data-center demand and new business agreements.
12 June 2026
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Stock Market Today

  • SpaceX Launches Largest IPO Ever, Sparking Market Impacts
    June 13, 2026, 10:29 AM EDT. SpaceX's initial public offering (IPO) is set to raise a record $75 billion, valuing the company at approximately $1.8 trillion. This makes it the biggest IPO in history, likely influencing portfolios worldwide. The stock's inclusion in major indexes like Nasdaq-100 and Russell 1000 ETFs is imminent, prompting significant reallocation by funds such as Invesco QQQ Trust and Vanguard's Russell ETFs, potentially increasing market volatility. Prediction markets estimate SpaceX's market cap could exceed $2 trillion on debut, with lasting effects on related tech stocks. Although S&P 500 inclusion is not immediate, the IPO's scale and indexing adjustments are expected to ripple across equity markets.

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