Today: 24 June 2026
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Artificial Intelligence 10 June 2026

ERock Falls in NYSE Debut, AI Power Firm Starts Trading Below IPO Price

ERock Falls in NYSE Debut, AI Power Firm Starts Trading Below IPO Price

ERock plunged 12.37% below its $21.50 IPO price on debut as investors questioned whether its $1.28 billion AI data-center power-system backlog—$1.1 billion tied to AI projects—will convert to revenue, despite surging demand and a major Meta contract; risks flagged include customer cancellations and execution challenges, with the company posting a $17.2 million quarterly loss.
10 June 2026
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SpaceX IPO Orders Exceed $250 Billion, But Orbital AI’s The Watch Point

SpaceX IPO Orders Exceed $250 Billion, But Orbital AI’s The Watch Point

SpaceX’s $75 billion IPO has drawn over $250 billion in investor demand, Reuters reports, as buyers scramble for shares amid a heated debate over whether Starship can make orbital AI computing commercially viable; Morningstar values the stock 53% below the IPO price, highlighting major risks as SpaceX posts a $4.3 billion Q1 loss and regulatory scrutiny intensifies ahead of pricing.
10 June 2026
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Constellation Energy Earnings Preview: AI Power Bet Faces a 7% Stock Test

Constellation Energy Drops; Three Mile Island Restart News Runs Into AI Power Sector Selloff

Constellation Energy shares fell 3.3% to $243.32 despite regulatory progress for the Crane Clean Energy Center, as investors repriced AI-linked power stocks; the next key catalyst is the NRC’s public-comment deadline on July 8 ahead of a projected final environmental decision in September, with stock sentiment hinging on regulatory milestones and data center power demand.
10 June 2026
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Palantir CEO Karp takes aim at AI spend by Anthropic, OpenAI

Palantir CEO Karp takes aim at AI spend by Anthropic, OpenAI

Palantir shares edged up less than 1% to $132.66 after CEO Alex Karp told CNBC that enterprise customers are privately “unhappy” with frontier AI labs’ billing practices, as AI buyers face “sticker shock” and cost savings lag, while Palantir pitches its software and embedded engineers as a solution amid ongoing scrutiny of its NHS contract in Britain.
10 June 2026
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Nvidia Gets AI Approval From Apple But Shares Stay Flat

Nvidia Gets AI Approval From Apple But Shares Stay Flat

Nvidia shares slipped 0.2% to $208.19 Tuesday despite Apple confirming it will use Nvidia GPUs in Google Cloud for its most demanding AI workloads, as investors weighed the endorsement against a tech sector selloff, unclear revenue impact, and rising competition from Google and Intel, while China’s new $295 billion data-center plan threatens to squeeze out foreign chipmakers.
10 June 2026
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Keel Slides After $458 Million AI Data-Center Debt Deal Launch

Keel Slides After $458 Million AI Data-Center Debt Deal Launch

Keel Infrastructure shares plunged 4.24% to $5.42 after closing a $458 million convertible debt sale, reviving investor fears of future dilution even as the company boosts funding for AI-focused data-center projects; shares slipped further to $5.32 after hours on more than double average volume, reflecting concerns over execution risks and the impact of new financing.
10 June 2026
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Stock Market Today

  • Micron Stock Faces Potential 30% Drop Amid AI-Driven Rally
    June 24, 2026, 3:06 PM EDT. Micron Technology (MU) shares have surged over 760% in a year due to booming AI memory demand, but a 24/7 Wall St. model forecasts a 30.5% pullback from the $1,051.77 current price to $731. Despite record Q2 revenue and strong AI-era positioning, insiders have net sold shares, and the high valuations suggest a market peak. Bulls cite extended order books and tight memory pricing through 2027, projecting prices above $1,200, but risks include memory's cyclical nature and margin sustainability. Reuters notes the sell recommendation comes with 90% confidence, stressing caution as the stock price may have outpaced fundamentals.
MARA Holdings tumbles with miners on bitcoin slide, investors eye share-plan vote

MARA Holdings tumbles with miners on bitcoin slide, investors eye share-plan vote

24 June 2026
MARA shares plunged nearly 8% to $13.54 after shareholders approved an 18 million-share increase to its equity incentive plan, raising dilution risk as bitcoin slumped 4.9% and company insiders disclosed recent stock sales; Citizens began coverage with a market outperform rating and $24 price target, but first-quarter revenue fell 18% and net loss widened to $1.3 billion, driven by a $1 billion loss on digital assets.
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