Today: 18 June 2026

IREN Up Early as 800MW AI Campus in Australia Heats Up Power Race

IREN Stock Moves Early as Market Reacts to Australia AI Data-Center Push

IREN Ltd. shares dropped 5.8% in extended trading to $61.66 after announcing an 800MW Australian data-center campus, despite a $3.65B GPU financing deal and major contracts with Microsoft and Nvidia; Q3 revenue fell to $144.8M with a $247.8M net loss, as investors weigh growth ambitions against execution, bitcoin prices, and project risks.
4 June 2026
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Sandisk Stock Warning: The $1,150 SNDK Offer Investors Are Being Told to Reject

SanDisk’s Rally Pauses as AI Chip Names Hit Resistance

SanDisk shares plunged 5.7% premarket to $1,727.22 after a record close, as a selloff in AI chip stocks hit sentiment despite surging 672% year-to-date and reporting 97% sequential revenue growth; investors now weigh memory-chip shortage gains against risks of “chipflation,” customer pushback, and policy pressure, with Wall Street watching for updates at the June 9 Mizuho Technology Conference.
4 June 2026
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Dollar General Sees Sales As Gas Prices Hit Shoppers

Dollar General Sees Sales As Gas Prices Hit Shoppers

Dollar General raised its annual profit forecast after first-quarter earnings and margins beat estimates, driven by increased traffic from higher-income shoppers trading down amid $4+ gas prices; shares were indicated at $105.09 premarket, down $1.20, as analysts noted margin gains but flagged competition and an upcoming CEO change as potential risks.
4 June 2026
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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
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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
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Stock Market Today

  • Indian Shares Poised for Flat Start as Fed Rate Hike Outlook Counters Oil Price Drop
    June 17, 2026, 10:13 PM EDT. Indian shares are set for a muted start, with Nifty 50 futures near Wednesday's close at 24,057, as investors balance the positive impact of declining oil prices against prospects of U.S. Federal Reserve rate hikes later this year. Brent crude fell 1.3% to $78.5 a barrel following a U.S.-Iran interim deal to ease oil export sanctions, easing inflation concerns for India, the world's third-largest oil importer. Despite gains of around 4% in Nifty and Sensex over four sessions, sentiment is cautious due to Fed watchers increasing chances of a September rate hike. Foreign investors purchased $10.8 million worth of Indian shares Wednesday, while domestic funds bought 15.61 billion rupees. Key stock movements include BSE's upcoming IPO filing, Lupin's U.S. drug launch, HFCL's Rs 26.66 billion contract, and Waaree Renewable's order value hike.

Latest articles

Wall Street Slips After Hours, Fed Flags Rate Risk

Wall Street Slips After Hours, Fed Flags Rate Risk

18 June 2026
S&P 500 plunged 1.2%, Nasdaq 1.3%, and Dow 507 points after the Fed held rates steady but signaled a possible hike, raising its 2026 rate forecast to 3.8% and PCE inflation projection to 3.6%; all 11 S&P sectors fell, megacap tech stocks slumped, and after-hours index ETFs stayed lower as traders face a shortened week before Juneteenth.
Meta Drops as Fed Signal Hurts Nasdaq, AI Bet Draws Scrutiny

Meta Drops as Fed Signal Hurts Nasdaq, AI Bet Draws Scrutiny

18 June 2026
Meta plunged 5.5% to $567.58, underperforming the Nasdaq, after the Federal Reserve signaled possible future rate hikes and a key Meta executive tied to AI-agent work departed, raising pressure on Meta to prove its costly AI investments can deliver returns as higher rates threaten future profit values.
Microsoft Drops as AI Spend Concerns, Fed Rate News Hit Shares

Microsoft Drops as AI Spend Concerns, Fed Rate News Hit Shares

18 June 2026
Microsoft plunged 3.8% to $378.91—outpacing the Nasdaq’s 1.3% drop—as investors reacted to a possible 2026 Fed rate hike and mounting scrutiny over Microsoft’s soaring AI spending, with capex projected at $190 billion for 2026 and a shareholder lawsuit alleging inadequate Azure growth disclosures adding further pressure.
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