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Artificial Intelligence 29 June 2026 - 2 July 2026

Apple (NASDAQ:AAPL) shares up, leaving little margin for error on AI upgrade story

Apple (NASDAQ:AAPL) shares up, leaving little margin for error on AI upgrade story

Apple Inc. jumped 3.9% to $305.81 at about 10:50 a.m. in New York, tacking on around $168 billion in market value. That move cut against the broader tape: Invesco QQQ Trust slipped 0.8%, while SPDR S&P 500 ETF Trust traded up 0.2%. The focus is on the gap here—Apple is being pushed back toward its June highs even as fresh survey data raises doubts about whether AI features are making iPhone owners upgrade any faster.
2 July 2026
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Reddit (NYSE:RDDT) shares surge $4.6 billion on AI deal before firm books licensing revenue

Reddit (NYSE:RDDT) shares surge $4.6 billion on AI deal before firm books licensing revenue

Reddit, Inc. heads into Thursday’s New York premarket with investors looking at the numbers: shares jumped 13.7% Wednesday, closing at $197.42. That move adds about $4.6 billion in equity value, based on MarketBeat’s listed $38.01 billion market cap. In its March-quarter filing, Reddit reported $120.6 million in performance obligations tied mostly to long-term content licensing contracts longer than a year.
2 July 2026
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Meta Platforms (NASDAQ:META) surge values AI cloud bet at $128 billion

Meta Platforms (NASDAQ:META) surge values AI cloud bet at $128 billion

Meta Platforms jumped 8.8% in early New York premarket Thursday after a Reuters item said Bloomberg News reported Meta is planning to offer extra AI compute power through a new cloud business. The Nasdaq opens for its normal session at 9:30 a.m. EDT. With markets closed Friday for the Independence Day holiday, Thursday is the last U.S. cash trading day before the long weekend.
2 July 2026
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Amazon (AMZN) stock gains with AWS’s $1B AI engineer plan testing AI capex returns

Amazon (AMZN) stock gains with AWS’s $1B AI engineer plan testing AI capex returns

Amazon.com, Inc. traded at $241.70 late Wednesday in after-hours, up 1.4% from Tuesday’s close. The Invesco QQQ Trust lost 1.5% and the SPDR S&P 500 ETF Trust edged down 0.1%. The quote was posted after the regular Nasdaq session, which runs from 9:30 a.m. to 4 p.m. Eastern. After-hours continues until 8 p.m. The Nasdaq is set to close on Friday, July 3, for Independence Day.
2 July 2026
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IREN (NASDAQ:IREN) falls as AI-cloud ARR valuation slips, Meta risk weighs on neoclouds

IREN (NASDAQ:IREN) falls as AI-cloud ARR valuation slips, Meta risk weighs on neoclouds

IREN Ltd dropped 5.4% to $43.28 late Wednesday as shares of AI cloud infrastructure companies sank. The move followed reports that Meta Platforms is working on a cloud business to sell excess AI computing capacity. Quiver Quantitative said there was no obvious new press release or SEC filing from IREN connected to a negative event as of July 1.
1 July 2026
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Meta (NASDAQ:META) cloud move rattles CoreWeave (NASDAQ:CRWV), Nebius (NASDAQ:NBIS) as $15 billion AI compute deal shifts to risk

Meta (NASDAQ:META) cloud move rattles CoreWeave (NASDAQ:CRWV), Nebius (NASDAQ:NBIS) as $15 billion AI compute deal shifts to risk

Meta Platforms jumped nearly 10% Wednesday after Bloomberg News said, via Reuters, that the company is starting a cloud business to sell surplus AI computing power. CoreWeave was down 14% and Nebius Group dropped 16% as of 10:50 a.m. in New York, according to current data.
1 July 2026
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Brookfield (NYSE:BAM) raises AI power deal framework to $25B; Bloom Energy (NYSE:BE) stock moves

Brookfield (NYSE:BAM) raises AI power deal framework to $25B; Bloom Energy (NYSE:BE) stock moves

Bloom Energy shares soared late Tuesday as Brookfield Asset Management increased its financing framework for Bloom’s AI infrastructure power projects to $25 billion, up from $5 billion. The move shifts the deal into a test for Bloom’s ability to deploy the new capital quickly. Reuters said the stock climbed 12% in after-hours trading after the two groups revealed the new figure.
1 July 2026
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Super Micro Computer (NASDAQ:SMCI) stock slide leaves AI orders worth twice its market value

Super Micro Computer (NASDAQ:SMCI) stock slide leaves AI orders worth twice its market value

Super Micro Computer, Inc. enters Tuesday’s regular U.S. session with a sharp split in the numbers: $39 billion of recent AI server orders, a $19.5 billion market value, and a stock price now sitting only 2.4% above the price of its latest underwritten common-share sale. The shares closed Monday at $28.15, down 8.1%, on volume of 91.16 million shares, or 184% of the 65-day average.
30 June 2026
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Palantir (NASDAQ:PLTR) rises after NVIDIA (NASDAQ:NVDA) AI tie-up, but trades at about 39x sales forecast

Palantir (NASDAQ:PLTR) rises after NVIDIA (NASDAQ:NVDA) AI tie-up, but trades at about 39x sales forecast

Palantir Technologies Inc. gained 2.4% to $115.70 late Monday after partnering with NVIDIA Corporation on an AI engine for U.S. government and critical infrastructure clients. Investors bought in: some $5.1 billion worth of Palantir shares traded, and the $2.74 gain tacked on around $7.0 billion in market cap. That’s close to 92% of Palantir’s 2026 revenue guidance midpoint.
29 June 2026
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