Today: 24 June 2026
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Artificial Intelligence 9 June 2026 - 10 June 2026

Intel Stock’s Google-Fueled Rally Just Hit a Wall as AI Chip Bets Face a Reality Check

Intel Stock’s Google-Fueled Rally Just Hit a Wall as AI Chip Bets Face a Reality Check

Intel shares plunged 4.6% to $105.25 after Monday’s Google-fueled rally, as investors took profits and chip stocks broadly sold off; the drop highlights that Intel’s valuation now hinges on its ability to secure major foundry customers like Google, but the reported order remains unverified and sector-wide momentum is fading.
9 June 2026
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Marathon Digital Shares Fall as Bitcoin Move Renews Focus on AI Strategy

Marathon Digital Shares Fall as Bitcoin Move Renews Focus on AI Strategy

MARA shares plunged 4.3% to $13.19 as bitcoin slipped below $62,000, highlighting that despite efforts to pivot toward AI and data-center infrastructure, the stock remains tightly tied to bitcoin’s price, with recent earnings showing revenue and bitcoin holdings down sharply and ongoing risks if crypto weakness persists.
9 June 2026
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Chip Selloff Trips Up Wall Street’s AI Rally

Chip Selloff Trips Up Wall Street’s AI Rally

Nasdaq and S&P 500 tumbled midday, erasing early chip-stock gains as tech shares slid; Philadelphia Semiconductor Index dropped 2% after jumping 3%, with Broadcom, Micron, and Nvidia under pressure. Investors await key inflation data Wednesday and SpaceX’s massive IPO, both seen as catalysts for further volatility amid concerns that high valuations in AI and tech could face profit-taking if rate fears persist.
9 June 2026
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Nintendo and Sanrio Stocks Get New AI Boost

Nintendo and Sanrio Stocks Get New AI Boost

Nintendo hikes Switch 2 prices in Japan and the US, citing higher memory costs and tariffs expected to add 100 billion yen to annual expenses; investors now question whether Japan’s top entertainment brands like Nintendo and Sanrio can maintain valuations as AI-driven capital shifts toward chips and automation, pressuring stock selection even as the Nikkei rebounds 2.17% after Monday’s sharp drop.
9 June 2026
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Why Applied Digital Stock Is Jumping Before the Open After $5.2B AI Lease

Why Applied Digital Stock Is Jumping Before the Open After $5.2B AI Lease

Applied Digital surged 8.7% in after-hours trading after announcing a 15-year, $5.2 billion lease at its Delta Forge 2 AI data center, boosting its contracted base-term lease revenue to $36 billion; investors are watching Tuesday’s regular session for the first full market reaction as confidence grows in Applied Digital’s ability to secure long-term AI infrastructure deals.
9 June 2026
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Marvell Joins S&P 500 But AI Chip Gains Come With a Twist

Marvell Joins S&P 500 But AI Chip Gains Come With a Twist

Marvell Technology surged 9.6% to $288.85 after being picked for the S&P 500, extending a 59% rally since May 27, as passive funds prepare to buy shares before its June 22 entry; the move follows record revenue, strong AI bookings, and Nvidia’s $2 billion investment, but risks remain after a recent sector selloff and warnings of overbought conditions.
9 June 2026
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Stock Market Today

  • Nasdaq and S&P 500 Slip Amid Volatile Trading as Tech Stocks Weaken
    June 24, 2026, 4:13 PM EDT. The Nasdaq and S&P 500 indexes dipped amid choppy trading influenced by declines in technology stocks. Market participants showed caution as tech shares, often a barometer for growth sentiment, came under pressure. This movement reflects ongoing volatility in the equity markets, with investors monitoring corporate earnings and economic data closely. The downturn in tech stocks contributed significantly to the overall market softness, highlighting sector-specific challenges. ICE Data Services and FactSet Research Systems provided market data underpinning these developments, according to sources including Quartr and TradingView.
Absci rises on Phase 1 ABS-201 update and $100 million raise

Absci rises on Phase 1 ABS-201 update and $100 million raise

24 June 2026
Absci shares soared 35% to $10.01 after early safety data showed its experimental hair-loss antibody ABS-201 was well tolerated in Phase 1, with no serious adverse events, and the company raised $100 million in a stock offering to fund further trials; interim proof-of-concept efficacy data are expected in the second half of 2026.
AT&T shares dip as fiber build-out runs into legacy line disputes

AT&T shares dip as fiber build-out runs into legacy line disputes

24 June 2026
AT&T shares dropped $0.34 to $22.48 after the company forecast second-quarter free cash flow of $4–$4.5 billion, below the $4.6 billion analyst estimate, as it expands fiber in East Cleveland and faces regulatory pushback on retiring copper phone service in California.
Netflix slides as deal concerns weigh on ad, gaming moves

Netflix slides as deal concerns weigh on ad, gaming moves

24 June 2026
Netflix shares slid 0.5% to $72.45, near 52-week lows, as investors worried about stalled growth, failed Warner Bros Discovery talks, and lack of near-term catalysts, despite new ad and gaming pushes and an Omnicom AI ad partnership; Netflix’s U.S. streaming share fell to 17% from 21% in two years.
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