Artificial Intelligence 3 June 2026

Micron Drops as AI Memory Stocks Take a Hit

Micron Technology dropped 8.3% to $989.46 at the open on Nasdaq Thursday, part of a larger chip-stock slide that sent the iShares Semiconductor ETF down 5.0% and the QQQ off 1.3%. Despite the selloff, Micron still held a market cap close to $1.13 trillion, a sign of just how far the AI memory rally went before buyers stepped back.

4 June 2026

Artificial Intelligence·NASDAQ:AMD·NASDAQ:AVGO·NASDAQ:MU·NASDAQ:WDC·Stock Market·Technology

Ciena Corporation Stock Faces $416 Reality Check as AI Network Push Heads to Brazil

Ciena shares fall after strong results, AI trade takes a hit

Ciena Corp shares fell in premarket trading Thursday. The networking equipment maker posted strong quarterly results and raised its sales outlook, but that wasn’t enough for investors who had bet on a bigger AI-fueled surge.

4 June 2026

Artificial Intelligence·Earnings Reports·NASDAQ:CIEN·Stock Market·Technology

Nvidia Faces New AI Test After Broadcom Drop Hits Chip Stocks

Nvidia stock was down in U.S. premarket Thursday, as a chip selloff led by Broadcom weighed on one of the market’s biggest AI trades. The last quote for Nvidia was $214.75, putting its value near $5.24 trillion.

4 June 2026

Artificial Intelligence·NASDAQ:AVGO·NASDAQ:NVDA·Stock Market

Alphabet Stock Eyes AI Raise as Google Parent Increases Target to $84.75 Billion

Alphabet Inc. shares fell in premarket trading Thursday as the Google parent’s larger $84.75 billion equity raise met investor concern over the company’s spending pace on artificial intelligence. Before the bell, Alphabet Class A was at $358.99, off 0.7%. Class C was at $355.68.

4 June 2026

Artificial Intelligence·NASDAQ:GOOGL·Stock Market·Technology

IREN Up Early as 800MW AI Campus in Australia Heats Up Power Race

IREN Stock Moves Early as Market Reacts to Australia AI Data-Center Push

IREN Ltd. shares pointed lower in premarket U.S. trading on Thursday, after the AI cloud and bitcoin mining company said it’s building an 800-megawatt campus in South Australia, its first data center in Australia. The stock finished Wednesday at $65.48, down 1.7%. In early morning trading at 6:48 a.m. Eastern, MarketBeat showed shares at $61.66, down 5.8% more.

4 June 2026

Artificial Intelligence·Data Centers·NASDAQ:IREN·Stock Market·Technology

Sandisk Stock Warning: The $1,150 SNDK Offer Investors Are Being Told to Reject

SanDisk’s Rally Pauses as AI Chip Names Hit Resistance

SanDisk shares slipped in premarket trading Thursday after hitting a record close, as selling in AI chip stocks hit one of Wall Street's busiest trades.

4 June 2026

Artificial Intelligence·NASDAQ:AVGO·NASDAQ:MU·NASDAQ:WDC·Semiconductors·Stock Market·Technology

Veeva Raises Outlook After Beat, But Shares Dip as AI Looms

Veeva Systems stock was lower before the open on Thursday. The life-sciences software group topped quarterly estimates and raised its forecast for the full year, but investors still had questions about AI, services growth, and customer shifts, even after what looked like a solid report.

4 June 2026

Artificial Intelligence·Earnings Reports·NASDAQ:VEEV·Stock Market

SoFi Shares Drop 6% as AI Hopes Face Test

SoFi Technologies shares slid again Wednesday, finishing at $16.68, off 5.98%. The stock is now down for a second day, chipping away at last week’s rally. Now investors are trying to figure out if SoFi’s new AI financial coach is more than just another app feature. Tuesday, the stock fell 4.52%.

4 June 2026

Artificial Intelligence·NASDAQ:SOFI·Stock Market

BlackBerry’s QNX AI Push Heads Into Fresh Test

BlackBerry’s recent rally could hit a hurdle, as executives told investors at a Baird event this week that the company’s QNX embedded-software unit is now positioned as a growth engine, not a turnaround play.

4 June 2026

Artificial Intelligence·NYSE:BB·Stock Market·Technology·TSX:BB

Broadcom Stock Slips After AI Outlook Rattles Wall Street

Broadcom Inc. stock dropped premarket Thursday. The company’s AI outlook and its decision to keep its long-term goal steady disappointed some traders after the shares hit a record high earlier this week.

4 June 2026

Artificial Intelligence·NASDAQ:AVGO·Stock Market

Marvell Shares Set New High With Nvidia Surge Lifting Chip Suppliers

Marvell Technology is higher in early U.S. premarket trading Thursday after closing at a record. The move comes as the stock extends gains from an AI-driven rally kicked off when Nvidia CEO Jensen Huang publicly backed the chipmaker at Computex in Taipei.

4 June 2026

Artificial Intelligence·NASDAQ:MRVL·Stock Market·Technology

Nvidia Drops; AI Rally Faces Next Test

Nvidia shares fell 3.6% to close at $214.75 on Wednesday. The drop followed a rally tied to Computex, with investors taking profits as major U.S. indexes slipped. At the close, Nvidia’s market cap stood at about $5.24 trillion.

4 June 2026

Artificial Intelligence·NASDAQ:NVDA·NVIDIA·Stock Market

Nokia shares jump as traders pile in on AI play

Nokia Oyj traded higher again Wednesday, finishing up 2.39% in Helsinki at 14.805 euros. The stock is up around 18.5% over the first three trading days in June, with buyers still chasing the company’s artificial-intelligence angle. The OMX Helsinki 25 benchmark index added 0.61% to close at 6,602.84.

4 June 2026

Artificial Intelligence·NYSE:NOK·Stock Market·Technology

Veeva Shares Drop Despite Earnings Beat, Investors Eye AI Move

Veeva Systems Inc. shares dropped after hours Wednesday. The life-sciences software firm topped quarterly estimates and boosted its full-year forecast, but that didn’t move investors looking for more than just earnings numbers in line.

4 June 2026

Artificial Intelligence·Earnings Reports·NYSE:VEEV·Stock Market

CrowdStrike Tops Forecasts but Shares Drop as AI Expenses Gain Attention

CrowdStrike shares slipped about 8% after the bell on Wednesday, according to Reuters, even as the cybersecurity company topped Wall Street’s revenue view, lifted its full-year guidance and unveiled a four-for-one stock split. Investors zeroed in on higher expenses linked to AI and new products.

3 June 2026

Artificial Intelligence·Earnings Reports·NASDAQ:CRWD·Stock Market·Technology

Meta Jumps After Zuckerberg Puts AI Agent at Center of $145 Billion Gamble

Meta Platforms shares gained roughly 4.2% late Wednesday after the parent of Facebook and Instagram introduced an AI business agent, a move investors took as an indication that its large spend on artificial intelligence may bring in fresh paid offerings. Shares climbed $25.17 to $622.80, putting Meta’s market cap near $1.60 trillion on the latest quote.

3 June 2026

Artificial Intelligence·NASDAQ:META·Stock Market·Technology

Sandisk Hits Record High on AI Memory Demand

SanDisk Corp shares climbed roughly 8% on Wednesday, hitting another all-time high. Investors continued to buy into the AI storage story, even as the wider U.S. market traded lower.

3 June 2026

Artificial Intelligence·NASDAQ:SNDK·Stock Market·Technology

Apple Shares Slip Ahead of Key AI Event

Apple shares slipped Wednesday as traders took profits ahead of next week’s Worldwide Developers Conference, where the company is expected to focus on artificial intelligence. The stock dropped 1.8% to $309.67 in afternoon trading, after earlier reaching a session high of $316.87 and a low of $308.87.

3 June 2026

Artificial Intelligence·NASDAQ:AAPL·Stock Market

T1 Energy Stock Gets a $32 Million Battery Test as AI Power Demand Builds

T1 Energy Inc. shares were little changed on Wednesday after the U.S. solar manufacturer agreed to buy KORE Power Inc. for about $32 million, a modest-sized deal that widens its push into battery storage and power infrastructure for data centers.

3 June 2026

Artificial Intelligence·Energy·NASDAQ:KORE·NYSE:TE

Cipher Digital Shares Fall as Street Leans Into AI Strategy

Cipher Digital Inc. fell 1.1% to $26.00 on Wednesday despite an early jump and a new price target from Morgan Stanley. The stock had climbed as high as $28.56 in heavy Nasdaq volume, topping 19 million shares.

3 June 2026

Artificial Intelligence·NASDAQ:CIFM·Stock Market

Artificial Intelligence 3 June 2026 - 4 June 2026