Tesla’s China Deal Buys Time. Robotaxi Bets Still in Focus
Tesla shares were set to open higher on the Nasdaq on Tuesday after bouncing back sharply Monday. New China sales numbers put the EV maker back in focus for investors after a rocky run.
Why Applied Digital Stock Is Jumping Before the Open After $5.2B AI Lease
Applied Digital shares were set for a fresh test Tuesday after the data-center developer signed a 15-year lease expected to generate about $5.2 billion, the latest in a string of artificial-intelligence infrastructure deals that has put APLD back in the market’s sights. Reuters reported the stock rose 8.7% in extended trading after the announcement.
Inno Holdings Soars 3,660%, Trading Stopped on Nasdaq on $3M AI Pact
Inno Holdings Inc. was halted after the close Monday as the stock surged 3,660.95% on news of a $3 million AI contract. Shares finished at $39.49, up from $1.05 on Friday. Trading volume Monday hit about 274.4 million shares, compared to 138,380 previously. Now the company’s micro-cap run leaves Nasdaq deciding what more it needs before letting trading start again.
Intel Jumps After Google AI Chip Story, Bigger Test Ahead
Intel looked set for more attention ahead of Tuesday’s regular session after the stock surged on talk that Alphabet’s Google placed an order for over 3 million tensor processing units—its own AI chips—from Intel for 2028 delivery. Last trade had Intel at $110.27, up $11.04, based on market data.
Broadcom Stock Rebounds, AI Remains an Open Question for Wall Street
Broadcom shares climbed Monday as investors picked up chip stocks after Friday’s sharp drop. The move helped the stock recover some ground from last week’s heavy post-earnings fall.
T1 Energy Shares Dip After KORE Power Files New Update
T1 Energy Inc. shares dropped Monday as investors focused on new details from the solar company about its proposed KORE Power buyout. The updated filing highlighted stock issuance related to the deal and sent shares lower.
SmartKem Shares Jump 100% on SRx Investment, SMTK in Focus
SmartKem Inc. shares jumped about 100% Monday after SRx Health Solutions disclosed a 4.99% equity stake in the advanced-materials firm. The move gave traders a new reason to buy into a stock that’s still facing Nasdaq listing concerns.
IonQ Jumps as Quantum IPO Rush Sets Wall Street Benchmark
IonQ stock rose Monday, last trading up 10.5% at $62.77. Shares moved between $56.66 and $64.90 during the day. That takes the quantum-computing firm's market cap to about $23.3 billion.
Wall Street Watches Microsoft’s $37 Billion AI Bet
Microsoft shares fell Monday as some on Wall Street stayed upbeat, but traders focused on whether the company’s $37 billion AI business will expand quickly enough to make all the spending on chips, data centers and models pay off.
Amazon’s Corning agreement brings fiber optics into focus for AI data centers
Amazon.com said Monday it struck a multiyear, multibillion-dollar deal with Corning to buy optical fiber, cable and connectivity equipment for its U.S. data center buildout. Detailed terms weren’t shared.
Oklo Shares Climb After Manufacturing Pact, July Remains in Focus
Oklo shares moved higher Monday. The advanced nuclear company said it bought ARMEC, a precision engineering and manufacturing business in Oak Ridge, Tennessee. Oklo said the deal, which closed June 4, boosts its internal capacity for advanced reactor and fuel-manufacturing work. The company called the acquisition another operating milestone for a stock that's still trading mostly on future data center power needs.
Marvell Heads Higher Ahead of S&P 500 Inclusion
Marvell Technology shares jumped roughly 7% in premarket trading Monday after S&P Dow Jones Indices said the chipmaker is set to join the S&P 500 later this month. The move puts new index demand behind one of the year’s more volatile AI chip names. Google Finance showed Marvell at $282.50 ahead of the open, up 7.22% from Friday’s finish at $263.47.
Nokia rally stalls as traders sell tech stocks after AI push
Nokia stock dropped in Helsinki Monday, giving up more ground after last week’s jump as traders pulled back from AI-related tech stocks. Shares changed hands at 12.690 euros, down 2.98%. Nokia last closed at 14.805 euros on June 3, according to market data.
Joby Aviation Drops 20%—Market Watching for Monday’s Open
Joby Aviation starts the week with its stock in the red after a 14.3% drop Friday to $9.55. That puts the electric air-taxi developer down almost 20% from last week’s Friday close. U.S. markets were closed Sunday as the NYSE shut for the weekend; trading picks up again Monday.
CDE Shares Drop 11% Even After Index Addition
Coeur Mining is set to join the S&P MidCap 400 this week, according to S&P Dow Jones Indices, but CDE shares dropped 11.4% on Friday. The move boosts the miner’s index weight even as its stock takes a hit.
Strategy Stock Faces Monday Ahead as Saylor Teases Bitcoin Move
Strategy Inc shares are back in focus Monday, with Executive Chairman Michael Saylor saying late Sunday the company may start buying Bitcoin again. That comes days after a small Bitcoin sale rattled the stock’s main story.
Archer Aviation Sinks 13%. Two Big Tests Coming Next Week
Archer Aviation Inc. tumbled 13.2% to $5.54 on Friday, capping a rough week for the stock. Shares touched a session low near $5.39 with volume topping 54 million. Traders pulled back from growth names and other long-term plays as risk appetite faded.
Apple Stock’s Next Big Move May Come Monday As WWDC Puts Siri On Trial
Apple Inc. heads into Monday’s Worldwide Developers Conference with its stock near recent highs but no longer floating above the broader market. Friday’s tech selloff turned what might have been a product-news week into a sharper test of whether Apple can show a credible artificial intelligence plan.
Ondas Stock Just Fell 13%. The Navy Balloon Win Is Now Facing a Dilution Test
Ondas Inc. shares ended the week sharply lower, falling 12.9% on Friday as investors weighed a fresh defense contract and a growing order book against share-sale overhang and a wider selloff in technology stocks.
Realty Income Stock Climbs Even as Wall Street Drops; 72-Hour Stretch Ahead for Rally Test
Realty Income traded higher on Friday. The stock gained even as most U.S. equities fell, with tech names weak and bond yields climbing after jobs numbers topped forecasts.
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