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Artificial Intelligence 11 May 2026 - 13 May 2026

Tesla’s AI premium hits a real-world check as shares reverse from China-FSD rally

Tesla’s AI premium hits a real-world check as shares reverse from China-FSD rally

Tesla shares slipped on Tuesday, with the AI narrative still in play. The rally had been fueled by optimism for Full Self-Driving—Tesla’s for-pay driver-assist system, which continues to need a human at the wheel—potentially catching on in China. But Tuesday’s action felt like a reality check, as the market weighed just how much of that promise it’s willing to price in without seeing tangible results.
IREN Stock Slips as Nvidia Deal Runs Into the Price of Building AI Capacity

IREN Stock Slips as Nvidia Deal Runs Into the Price of Building AI Capacity

Shares of IREN Limited slid Tuesday after investors were handed the tab for the fresh narrative they'd signed up for. The company upsized its offering, pricing $2.6 billion in 1.00% convertible senior notes due 2033—more than the $2 billion it initially targeted. Convertible notes deliver immediate funds but carry the risk of future shareholder dilution as they’re swapped for equity down the line.
SMH vs SOXX vs SOXL: AI Chip ETF Rally Hits Its Hardest Test Yet

SMH vs SOXX vs SOXL: AI Chip ETF Rally Hits Its Hardest Test Yet

Semiconductor ETFs took a steep dive on Tuesday. The leveraged Direxion Daily Semiconductor Bull 3X Shares plunged nearly 12.4% just before 11 a.m. in New York—a sharp swing for a fund that’s been one of 2026’s most popular AI hardware bets. Losses rippled across the sector: VanEck Semiconductor ETF fell around 3.5%, iShares Semiconductor ETF slipped 4.1%, and First Trust Nasdaq Semiconductor ETF dropped close to 4.5%.
The AI Memory ETF That Beat Bitcoin Mania Just Hit $6.5 Billion in 36 Days

The AI Memory ETF That Beat Bitcoin Mania Just Hit $6.5 Billion in 36 Days

Roundhill Investments’ Memory ETF, trading under the ticker DRAM, has ballooned to $6.5 billion in assets under management just 36 days post-launch—a blistering pace that highlights heavy demand for exposure to memory chip makers in the AI hardware boom. On this day, shares changed hands at $52.44 in New York, slipping roughly 4.8% after an earlier surge.
FuelCell Energy Stock Hits 52-Week High as AI Data Center Power Bets Lift FCEL

FuelCell Energy Stock Hits 52-Week High as AI Data Center Power Bets Lift FCEL

FuelCell Energy rallied to a new 52-week high on Monday, closing up 16.35% at $15.94. Investors snapped up shares after the company promoted its fuel cells as a solution for AI data centers struggling with grid bottlenecks. Volume spiked—12.9 million shares traded, blowing past the 50-day average of 4.1 million, according to MarketWatch.
WORK Medical Technology Group Stock Triples After AI BioToken Deal — What Investors Need to Know

WORK Medical Technology Group Stock Triples After AI BioToken Deal — What Investors Need to Know

Shares of WORK Medical Technology Group LTD swung sharply in Tuesday’s premarket, after the U.S.-listed stock soared more than threefold on Monday. The move tracked news of an AI tie-up with Shanghai Novabioplus Biotechnology Co. The two firms aim to create medical models leveraging protein data and what WORK calls “BioTokens”—digital assets representing biological data.
Palantir’s NHS Patient Data Fight Tests Its AI Stock Boom

Palantir’s NHS Patient Data Fight Tests Its AI Stock Boom

Britain’s National Health Service is giving outside workers—including Palantir Technologies Inc. contractors—sweeping access to patient-identifiable data as they develop a high-profile health-data platform, the Financial Times said. That move is stirring up an old privacy debate over one of the U.S. software giant’s most sensitive public sector contracts. The permissions extend to the National Data Integration Tenant, or NDIT, a staging layer inside the Federated Data Platform where records remain identifiable before any pseudonymisation, that is, before personal details are hidden.
MARA Holdings Stock Faces a Crucial Test as Bitcoin Miner’s AI Pivot Meets Earnings Day

MARA Holdings Stock Faces a Crucial Test as Bitcoin Miner’s AI Pivot Meets Earnings Day

MARA Holdings climbed almost 6% Monday as traders waited for first-quarter numbers, set to drop after the bell. For the bitcoin miner, the update will challenge its pitch that investments in power and AI data centers can cushion blows from harsher mining economics. The earnings call is locked in for 5:00 p.m. Eastern Time.
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