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Artificial Intelligence 11 June 2026

Amazon trades near $238 after $17.5B AI loan brings focus back to spending plans

Amazon trades near $238 after $17.5B AI loan brings focus back to spending plans

Amazon.com, Inc. shares hovered near unchanged Thursday, trading around $238. The stock was steady after taking a hit in the last session. Investors looked at Amazon’s recent financing deal connected to its artificial intelligence infrastructure. AMZN was last seen at $238.57, up 0.24% from the previous close, swinging between $235.25 and $240.50 over the session.
Semiconductor Index Drops After Oracle Details $95 Billion AI Spend, Nvidia and Broadcom Under Pressure

Semiconductor Index Drops After Oracle Details $95 Billion AI Spend, Nvidia and Broadcom Under Pressure

Chip stocks took another hit Thursday as investors kept tallying up what the AI wave is costing. The PHLX Semiconductor Index, or SOX, dropped 3.57% on Wednesday. Oracle’s numbers, out after the bell, only raised more doubts about how much more cash—debt and equity—will be needed to fund the AI push before chipmakers actually see lasting profits from demand.
Banks Jump in FTSE Rally, AI Tugs LSEG

Banks Jump in FTSE Rally, AI Tugs LSEG

FTSE 100 climbs as HSBC, StanChart, Prudential rally The FTSE 100 gained 0.6% to 10,316.05 at 0917 GMT on Thursday, lifted by a rebound in HSBC, Standard Chartered and Prudential. HSBC and Standard Chartered rose 2% each. Prudential jumped 3.4%. Mid-cap FTSE 250 traded flat. Market gains stayed limited with concerns over the Middle East and new doubts about funding the artificial-intelligence rally.
Keel Infrastructure Rises in Premarket After Closing $458 Million AI Data Center Financing

Keel Infrastructure Rises in Premarket After Closing $458 Million AI Data Center Financing

Keel Infrastructure Corp. shares moved up early Thursday after the company completed a $458 million convertible senior notes deal. The raise, bigger than last week’s plan, clears a financing hurdle for its AI and high-performance computing data-center projects. KEEL traded at $5.45 in the premarket at 6:00 a.m. EDT, up 3.81% from the last close at $5.25. The stock lost 3.14% in the June 10 regular session.
Fermi (FRMI) Jumps After OpenAI Data Center Report; Project Matador Lease Bets Return

Fermi (FRMI) Jumps After OpenAI Data Center Report; Project Matador Lease Bets Return

Fermi Inc. shares surged 22.6% to finish at $6.89 on Wednesday. The stock ticked up to $6.91 in early trading Thursday as traders looked for signs that big AI clients could still lock in massive, power-heavy data center contracts. The move wasn’t driven by a Fermi deal itself. Instead, OpenAI is reportedly talking to lease a 10-gigawatt data center project in Ohio, with Nvidia possibly backing it financially. That report put Fermi’s Project Matador back in play for the “power is the bottleneck” crowd.
Marvell shares edge up premarket after recent AI chip slump hit S&P 500

Marvell shares edge up premarket after recent AI chip slump hit S&P 500

Marvell Technology, Inc. shares tried to bounce early Thursday after dropping sharply on Wednesday. Investors are watching to see if the upcoming S&P 500 addition will help stabilize what’s been one of the most volatile AI chip names. Marvell finished at $252.59 on June 10, down 5.35% for the day. In premarket action, the stock was up 3.16% at $260.56, according to Google Finance.
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