Today: 24 June 2026
Browse Category

Artificial Intelligence 15 June 2026 - 16 June 2026

Nvidia Shares Dip After $25 Billion Bond Rally as Investors Look at AI Boom Risks

Nvidia Shares Dip After $25 Billion Bond Rally as Investors Look at AI Boom Risks

Nvidia shares slipped 1.2% to $209.98 after a $25 billion bond sale drew $85 billion in orders, as investors weighed a stronger balance sheet against a $5 trillion valuation and a 32 P/E ratio; the next key event is the June 24 annual meeting, with focus on capital returns, bond use, and Nvidia’s ability to deliver on its $91 billion Q2 revenue outlook.
16 June 2026
···
Marvell Stock Rises as AI Momentum, Analyst Target Hike and S&P 500 Entry Lift MRVL

Marvell Stock Rises as AI Momentum, Analyst Target Hike and S&P 500 Entry Lift MRVL

Marvell surged 10.43% to $308.88 after GF Securities raised its price target to $350, fueled by AI infrastructure demand, record Q1 revenue, and upcoming S&P 500 inclusion on June 22, but the stock now trades well above the average analyst target of $235.70 and holds a P/E over 100, highlighting high expectations and risk if growth falters.
16 June 2026
···
Western Digital Jumps After Morgan Stanley Lifts Target on AI Storage Demand

Western Digital Jumps After Morgan Stanley Lifts Target on AI Storage Demand

Western Digital soared 16.10% to $653.53 after Morgan Stanley raised its price target to $650, citing strong nearline enterprise storage demand, accelerating pricing, margin expansion, and better operating leverage; investors now await fiscal Q4 results to confirm if AI-driven HDD demand and pricing power can sustain the rally, with valuation risk as shares trade near record highs and above the average analyst target.
16 June 2026
··
Marvell Jumps After S&P 500 Nod and Chip Gains Bring AI Play Into Spotlight

Marvell Jumps After S&P 500 Nod and Chip Gains Bring AI Play Into Spotlight

Marvell Technology surged 9% to around $305 after news it will join the S&P 500 before June 22, triggering expected index fund buying; shares also rode AI chip demand and a record-high Philadelphia Semiconductor Index, but at over 100 times trailing earnings, valuation risk remains even as analysts’ average price target lags the current price.
15 June 2026
···
SMH Hits Another High as AI Chip Stocks Rally Beyond Nvidia

SMH Hits Another High as AI Chip Stocks Rally Beyond Nvidia

SMH soared 4.2% to $646.27 midday Monday, extending its record run as investors piled back into AI-linked chip stocks after last week’s pullback; Lam Research, Marvell, Arm, ASML, and Kulicke & Soffa all advanced, driven by strong AI demand and recent upbeat results, but expectations remain high after SMH’s 72% year-to-date surge.
15 June 2026
··········
SanDisk Pushes Close to $2,000 While AI Memory Boom Tests Market Nerves

SanDisk Pushes Close to $2,000 While AI Memory Boom Tests Market Nerves

SanDisk shares surged 5% to $1,980 after reporting Q3 revenue up 251% year-over-year and gross margin at 78.4%, fueled by AI data-center demand and $42 billion in new long-term supply deals; the company also announced a $6 billion buyback and guided Q4 revenue above expectations, while some analysts warn of cyclical risks if NAND pricing normalizes.
15 June 2026
···
1 … 5 6 7 8 9 … 218

Stock Market Today

  • Early Cerebras investor Steve Vassallo discusses post-IPO earnings and tech IPO outlook
    June 24, 2026, 11:36 AM EDT. Steve Vassallo, general partner at Foundation Capital, spoke with 'Squawk on the Street' about Cerebras' stock slide after its first earnings report since its May IPO. He provided insights on the semiconductor company's financial performance and shared his view on the prospects for upcoming technology initial public offerings (IPOs). The discussion highlighted challenges faced by semiconductor firms in the current market environment and the broader tech IPO landscape.
XRP drops under $1.10 as ETF assets lag inflows by $459 million

XRP drops under $1.10 as ETF assets lag inflows by $459 million

24 June 2026
XRP plunged 2.4% to $1.07, with U.S. spot XRP ETF net assets standing 31.6% below cumulative net inflows, highlighting a $459 million mark-to-market drag as ETF buying failed to offset broader selling; XRP’s 10.6% weekly drop more than doubled the global crypto market’s 4.4% slide.
Strategy shares slip with pressure mounting on Saylor to halt bitcoin purchases

Strategy shares slip with pressure mounting on Saylor to halt bitcoin purchases

24 June 2026
Strategy Inc shares plunged 5.2% to $98.45 after selling $335.5 million in stock to buy 520 bitcoin, raising investor concerns as its dollar reserve dropped 38% this year and dividend coverage shrank to 14 months, with preferred shares (STRC) sliding 3.2% to $84.56 and yields spiking to 13% as experts warn continued bitcoin buying could further erode confidence.
Bitcoin dips as BlackRock sees outflows, ETF inflows can’t offset hedging

Bitcoin dips as BlackRock sees outflows, ETF inflows can’t offset hedging

24 June 2026
BlackRock’s IBIT spot bitcoin ETF saw $354 million in outflows over two days—0.75% of its assets—even as rival funds posted inflows, signaling concentrated selling pressure; bitcoin dropped 2.3% to $60,843, with traders paying more for downside protection ahead of Friday’s $10.5 billion options expiry.
Go toTop