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Artificial Intelligence 12 June 2026 - 14 June 2026

Altman Backs Out of Abu Dhabi Trip Amid New Pressure on OpenAI’s UAE Stargate Plans

Altman Backs Out of Abu Dhabi Trip Amid New Pressure on OpenAI’s UAE Stargate Plans

OpenAI CEO Sam Altman scrapped a planned trip to Abu Dhabi, Semafor reported, citing a source with direct knowledge. Altman was supposed to visit the UAE capital this weekend. The news puts more focus on OpenAI’s Gulf ties as the company works on capital plans and the region faces security questions. The reason for the cancellation isn’t clear. OpenAI and Mubadala did not respond to Semafor’s request for comment. G42 also declined to comment.
Nokia shares rise on Wall Street push for AI optical network plan

Nokia shares rise on Wall Street push for AI optical network plan

• Nokia’s U.S. ADR climbed 5.04% Friday, June 12, to $14.80, marking a second straight day in the green.• JPMorgan’s optimistic note put attention on Nokia’s optical networks business and its links to AI-driven data center demand.• Investors now wait for Nokia’s Q2 and half-year results on July 23, looking to see if AI and cloud orders are coming through in sales and margins.
Intel Shares Climb Again on AI Foundry Optimism, Pushing INTC Closer to Highs

Intel Shares Climb Again on AI Foundry Optimism, Pushing INTC Closer to Highs

Intel Corporation shares jumped again this week, ending Friday up 6.51% at $124.57. The stock traded between $115.33 and $127.60 during the day. That keeps INTC just under its 52-week high of $132.75. Market value stands near $626 billion, StockAnalysis data shows. More than 151 million shares changed hands, as buy orders came in strong. The action didn’t look like a routine drift—traders appeared to be renegotiating the chipmaker’s turnaround story.
AI Names Hit Fed Hurdle After Nvidia, Oracle Swings

AI Names Hit Fed Hurdle After Nvidia, Oracle Swings

AI stocks in the U.S. go into this holiday-shortened week with risk sentiment looking better but still shaky. The Dow, S&P 500 and Nasdaq all closed up Friday and posted weekly gains. Lower oil and some optimism around U.S.-Iran news helped. Investors also looked at SpaceX’s Nasdaq debut. The stakes are clear for Nvidia, AMD, Broadcom, Micron, Oracle and Super Micro Computer. These names usually get a lift when markets want growth and will pay up for it now, but they can sink fast if higher rates, big costs or soft guidance cloud the outlook.
Alphabet Stock Rises as Google Faces New AI Liability Risk Ahead of Q2 Earnings

Alphabet Stock Rises as Google Faces New AI Liability Risk Ahead of Q2 Earnings

• Alphabet Class A shares closed Friday at $359.68, up about 0.5%, while Class C shares ended at $358.16.• A German court ruling on Google’s AI Overviews adds a fresh legal risk to Alphabet’s core search business.• The next major catalyst is Alphabet’s Q2 earnings report, currently expected but not confirmed for July 23.
Constellation Energy Stock Rebounds as AI Power Demand Meets a June Share-Supply Test

Constellation Energy Stock Rebounds as AI Power Demand Meets a June Share-Supply Test

Constellation Energy Corporation’s stock ended Friday at $253.76, up 2.86%, giving the Nasdaq-listed power producer a second straight daily gain and a stronger move than the broader market. The rally matters because CEG has been trying to stabilize after a sharp pullback: even after Friday’s advance, the stock was still 38.51% below its 52-week high of $412.70, according to MarketWatch. The S&P 500 rose 0.50% and the Dow Jones Industrial Average gained 0.70% in the same session.
Quanta Services Stock Climbs as AI Power Demand Keeps PWR in Focus

Quanta Services Stock Climbs as AI Power Demand Keeps PWR in Focus

Quanta Services, Inc. shares ended the week with a strong rebound, closing Friday at $707.74, up $24.45, or 3.58%, as investors continued to price the infrastructure contractor as a major beneficiary of rising electricity demand tied to data centers and artificial intelligence. The move outpaced the S&P 500 ETF, Nasdaq-100 ETF and Industrial Select Sector SPDR ETF, which each rose about 0.6% in the same session.
Cisco Shares Slip as Wall Street Weighs AI Hopes Against Valuation

Cisco Shares Slip as Wall Street Weighs AI Hopes Against Valuation

Cisco Systems finished Friday at $121.10, pulling back after a week that saw the stock trade between $120.74 and $122.90. The stock lost 0.6% on Friday, trailing both the S&P 500, which climbed 0.50%, and the Dow, up 0.70%. Shares had jumped 2.55% on Thursday. The move suggests investors are still interested in Cisco's AI-networking story, but are starting to pick their spots as the stock cools from its latest rally.
Accenture Stock Rebounds Before Q3 Earnings as AI Growth Test Looms for ACN

Accenture Stock Rebounds Before Q3 Earnings as AI Growth Test Looms for ACN

Accenture plc shares regained ground Friday, with ACN rising 1.65% to close at $170.28, outperforming the broader market as the S&P 500 added 0.50% and the Dow Jones Industrial Average rose 0.70%. The move mattered because it broke a five-day losing streak, but it did not erase the bigger damage: the stock remains roughly 46% below its 52-week high, leaving investors focused on whether the recent weakness is a buying opportunity or a warning about slower demand for consulting and IT services.
Super Micro Slides Again as $7 Billion AI Financing Fuels Dilution Fears

Super Micro Slides Again as $7 Billion AI Financing Fuels Dilution Fears

Super Micro Computer, Inc. shares stayed weak Friday after the AI server company priced a big financing deal that could bring in up to $7 billion. The move fueled investor worries about dilution, where existing holders end up with a smaller stake once new shares hit the market. SMCI last changed hands near $30.46 late Friday, moving between $29.48 and $31.78 on the day. Trading volume topped 84 million shares, market data showed.
Nvidia Gets AI Approval From Apple But Shares Stay Flat

Nvidia Market Cap Hovers Near $5 Trillion; Vera China Launch and Blackwell Score Spotlight AI Demand Again

Nvidia shares ended Friday flat, closing at $205.19, up just 0.16%. The stock moved between $203.44 and $207.07 during the session. Compared with the S&P 500’s 0.5% rise and the Nasdaq Composite’s 0.3% gain, Nvidia's slight gain shows investors still weighing strong AI demand signals and a valuation that bakes in years of fast growth.
Intel Shares Face Early Test After Google-Driven Spike

Intel Stock Surges Again as AI Foundry Hopes Challenge Valuation Fears

Intel Corp. shares outperformed the broader market on Friday, closing at $124.57, up 6.5%, while the Nasdaq Composite rose 0.3% and the S&P 500 gained 0.5%. The stock’s move matters because investors are no longer valuing Intel only as a recovering PC and server-chip maker; they are increasingly pricing in a possible role in the AI supply chain and contract manufacturing, where customers pay Intel to produce chips designed by others.
Palantir Stock Slides as AI Growth Story Meets Governance and UK Contract Scrutiny

Palantir Stock Slides as AI Growth Story Meets Governance and UK Contract Scrutiny

Palantir Technologies Inc. shares fell Friday, closing at $127.99, down 2.36%, as investors weighed renewed political and governance pressure against the company’s still-rapid artificial intelligence growth story. The move left PLTR near the lower end of its day’s trading range and extended pressure on a stock that remains richly valued by conventional measures, including a trailing price-to-earnings ratio, or P/E, of about 147; P/E compares a company’s share price with its profit per share.
Figma Shares Drop Again Despite AI Growth

Figma Shares Drop Again Despite AI Growth

• Figma shares traded near $18.12 in early afternoon New York, sliding further after several days of losses.• That comes even after Figma’s last quarter, which saw revenue up 46%, and the company lifted its full-year forecast.• Investors continue to watch Figma’s push to make money from AI, while valuation, losses, and AI rivals weigh on the stock.
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