Today: 24 June 2026
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Artificial Intelligence 11 June 2026 - 12 June 2026

Amazon Shares Slip After $17.5 Billion AI Loan Draws Focus to AMZN Cash Flow

Amazon Shares Slip After $17.5 Billion AI Loan, Cash Flow Pressure Before Prime Day

Amazon shares dropped 1.6% to $237.66 Friday, underperforming rising major ETFs, as investors focused on a new $17.5 billion delayed-draw loan to fund AI infrastructure, raising concerns over rising capital expenditures and shrinking free cash flow, with attention now turning to Prime Day on June 23–26 and upcoming Q2 results for signs of revenue growth and margin impact.
12 June 2026
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Charles Schwab Expands Money Talk as Fresh Filings Show Farallon, Elevation Point Cut SCHW Stakes

Options Get Attention as Schwab’s STAX Bounces With AI Stocks

Schwab’s Trading Activity Index jumped to 55.08 in May from 50.10 in April as retail investors returned to equities—especially tech stocks—while also shifting toward ETFs and options for risk management, signaling renewed participation in the AI-led rally but with increased caution, according to Schwab’s monthly data.
12 June 2026
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IREN Bounces After Needham Cuts Targets, Market Watches AI Cloud Moves

IREN Shares Bounce While Investors Assess AI Cloud Prospects, Ongoing Funding Concerns

IREN surged $5.16 to $56.71 after a volatile week, as investors weighed Needham’s cut to 2026-27 estimates on delayed AI cloud revenue ramp, with mining revenue expected to approach zero by year-end as GPU deployments replace Bitcoin capacity; the next key catalyst is proof of billable AI cloud revenue ahead of the September 16 earnings update.
12 June 2026
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Micron Stock Nears $1,000 Again as AI Memory Rally Faces June 24 Test

Micron Stock Nears $1,000 Again as AI Memory Rally Faces June 24 Test

Micron soared 11.66% to $995.87 after a sharp pullback, as investors weigh booming AI-driven memory demand against concerns the stock already prices in a near-perfect upcycle; all eyes are on the June 24 earnings call, with analysts forecasting Q3 EPS of $19.46 on $34.07B revenue and debating whether supply constraints can sustain elevated earnings and justify Micron’s $1.14T valuation.
12 June 2026
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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.
12 June 2026
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Nvidia, Broadcom, Applied Materials, Intel, Oracle lead AI infrastructure stocks

Nvidia, Broadcom, Applied Materials, Intel, Oracle lead AI infrastructure stocks

Nvidia tops the new AI infrastructure buy list as it expands beyond chips, joining a $10 billion Helix Digital Infrastructure launch; Broadcom surges with a $35 billion AI XPV Platform, Applied Materials wins analyst upgrades after Singapore expansion, Intel gets a BofA upgrade on AI CPU demand, while Oracle faces funding risks after a sharp post-earnings selloff despite record cloud growth. (Reuters)
11 June 2026
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MARA Stock Edges Higher After Bitcoin Holds Steady, Q1 Miss and AI Uncertainty in Focus

MARA Stock Edges Higher After Bitcoin Holds Steady, Q1 Miss and AI Uncertainty in Focus

MARA surged 5.2% to $13.27 as bitcoin rebounded to $63,375, drawing investor focus after a sharp prior-session drop, even as Q1 net loss widened to $1.26 billion on lower revenue and bitcoin sales; the stock’s move reflects renewed risk appetite amid ongoing concerns over financial performance and the company’s pivot toward AI and data center infrastructure.
11 June 2026
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Stock Market Today

  • GE Aerospace Hits 52-Week High on $700M U.S. Jet Engine Sale to Turkey
    June 24, 2026, 1:55 PM EDT. GE Aerospace shares rose 2.94% to $366.96, marking a 52-week high amid reports of a U.S. government-backed $700 million jet engine sale to Turkey. The deal involves engines for Turkey's Kaan combat jet and may finalize soon despite some Congress objections. GE's Defense & Propulsion unit reported a 67% rise in first-quarter orders to $6.17 billion and a 17% increase in operating profit. The Commercial Engines & Services segment, GE's main profit driver, generated $8.92 billion in revenue for Q1. CEO Lawrence Culp emphasized strong orders and double-digit growth in earnings and free cash flow. The stock also benefited from broader industrial sector gains on Wall Street.
Palantir sinks to 52-week low even after Zeta AI deal

Palantir sinks to 52-week low even after Zeta AI deal

24 June 2026
Palantir plunged to a new 52-week low at $112.94 despite a bullish AI partnership with Zeta Global and surging U.S. revenue, as investors dumped high-valuation tech stocks on fears of AI competition, rising rates, and political risks to government contracts in Europe.
Plug Power shares slip following Denmark electrolyzer delivery

Plug Power shares slip following Denmark electrolyzer delivery

24 June 2026
Plug Power shares fell 1.8% to $2.66 despite completing a 5 MW electrolyzer handover in Denmark, as investors remain focused on cash use, margins, and project execution risks, with the company still posting heavy losses and warning that policy, competition, and liquidity could impact future results.
GE Aerospace jumps to 52-week high on reported U.S. plans for Turkey engine sale

GE Aerospace jumps to 52-week high on reported U.S. plans for Turkey engine sale

24 June 2026
GE Aerospace surged 2.94% to a 52-week high after news that U.S. officials plan to advance a $700 million-plus jet engine sale to Turkey, as its Defense & Propulsion Technologies unit posts soaring orders and profit; analysts’ average price target remains below current levels, with second-quarter results due July 16.
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