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Artificial Intelligence 6 January 2026

Cipher Mining (CIFR) stock slides in U.S. session as miner taps veterans for AI data-center push

Cipher Mining (CIFR) stock slides in U.S. session as miner taps veterans for AI data-center push

Cipher Mining shares fell 3.9% to $17.46 Tuesday after the company announced two senior hires to lead its push into AI data centers and high-performance computing. More than 20 million shares changed hands. Bitcoin dropped 2.3% to $92,259, pressuring listed miners. Marathon Digital and CleanSpark also traded lower.
Nvidia China license rush meets CES chip blitz as AMD slides in AI stock trade

Nvidia China license rush meets CES chip blitz as AMD slides in AI stock trade

Nvidia held steady Tuesday after its CFO said U.S. officials are “working feverishly” on export licenses for H200 chips to China, with timing still uncertain. AMD dropped 3.3% following new AI chip launches and an OpenAI partnership at CES. Broadcom rose 1.2%. Investors are watching for Friday’s U.S. jobs report for signals on interest rates.
KLA (KLAC) stock rises after Cantor upgrade as CES AI headlines keep chip tools in focus

KLA (KLAC) stock rises after Cantor upgrade as CES AI headlines keep chip tools in focus

KLA shares rose 3.4% to $1,398.66 Tuesday after Cantor Fitzgerald upgraded the stock to “overweight” and raised its price target to $1,500. The move followed strong AI-linked demand signals at CES and gains across chip-equipment stocks. Investors await KLA’s next earnings date as China policy risk remains in focus.
Sandisk stock surges 23% as Nvidia CES update puts AI data-center storage back in play

Sandisk stock surges 23% as Nvidia CES update puts AI data-center storage back in play

Sandisk shares surged 23.4% to $338.26 in midday trading Tuesday, leading gains in storage and memory stocks after the company unveiled its new “Optimus” SSD brand at CES. Nvidia highlighted rising AI demand for context memory, announcing its Inference Context Memory Storage Platform and next-generation Vera Rubin system. Micron, Western Digital, and Seagate also posted strong advances.
Sandisk stock jumps 24% as AI storage demand and memory-price surge lift chip names

Sandisk stock jumps 24% as AI storage demand and memory-price surge lift chip names

Sandisk shares surged 24% to $339.20 Tuesday, hitting a record $342.81 amid heavy trading tied to AI-driven demand for memory and storage. The move followed Sandisk’s launch of its Optimus SSD brand and comes ahead of key earnings updates from Samsung on Thursday and Sandisk on Jan. 29. Western Digital, Micron, and Seagate also posted strong gains.
Lam Research stock jumps nearly 7% on fresh Aletheia “Buy” call as CES focus stays on AI

Lam Research stock jumps nearly 7% on fresh Aletheia “Buy” call as CES focus stays on AI

Lam Research shares jumped 6.9% to $208.15 Tuesday after Aletheia Capital initiated coverage with a buy rating and $260 target. Peers Applied Materials and KLA also rose. Investors await Lam’s Jan. 28 earnings for signals on chip equipment demand and 2026 spending. The rally follows increased focus on AI data-center buildouts and new product launches at CES.
BigBear.ai stock rises 4% as BBAI debt redemption deadline nears

BigBear.ai stock rises 4% as BBAI debt redemption deadline nears

BigBear.ai shares rose 4.3% to $6.13 Tuesday as the company moved to cut about $125 million in convertible-note debt, mainly through stock conversions ahead of a Jan. 16 redemption deadline. The company raised the conversion rate to 305.5254 shares per $1,000 principal for conversions before Jan. 15. About 22 million shares traded. BigBear.ai recently closed its $250 million cash acquisition of Ask Sage.
Qualcomm stock jumps at CES 2026 on Snapdragon X2 Plus AI PC launch and robotics push

Qualcomm stock jumps at CES 2026 on Snapdragon X2 Plus AI PC launch and robotics push

Qualcomm shares rose about 3% to $181.64 Tuesday after unveiling new PC and robotics chips at CES 2026. The company said its Snapdragon X2 Plus will power Windows Copilot+ PCs in 2026 and confirmed Toyota will use its Snapdragon Digital Chassis in the next RAV4. Semiconductor ETFs gained 2.7%. Investors await Qualcomm’s fiscal Q1 results on Feb. 4.
Sandisk stock surges 22% on AI data-center SSD boom — but valuation doubts grow

Sandisk stock surges 22% on AI data-center SSD boom — but valuation doubts grow

Sandisk shares surged 22% to $335 in early U.S. trade Tuesday, driven by forecasts of rising NAND flash prices as AI data center demand outpaces supply. TrendForce expects NAND contract prices to jump up to 38% in the March quarter. Research notes flagged Sandisk’s premium valuation and projected over 45% revenue growth in 2026. Micron shares also rose about 7%.
Micron stock jumps nearly 8% on AI-driven memory crunch bets — what’s next for MU

Micron stock jumps nearly 8% on AI-driven memory crunch bets — what’s next for MU

Micron Technology shares jumped 7.7% to $336.11 Tuesday, hitting a record amid tight memory-chip supply and surging AI server demand. Samsung and Micron executives warned shortages could persist beyond 2026. TrendForce estimates some memory prices have more than doubled since last February. Wall Street expects Micron’s revenue to nearly double in fiscal 2026, with the next earnings update due in March.
AMD stock slips after CES AI chip push puts OpenAI deal back in focus

AMD stock slips after CES AI chip push puts OpenAI deal back in focus

AMD shares fell 1.3% to $218.11 in early Tuesday trading after unveiling new AI processors at CES, while Nvidia stock rose 1.6%. CEO Lisa Su introduced the MI455 and MI440X chips, with OpenAI and Generative Bionics among customers. AMD previewed its Helios platform and set 2027 for its next MI500 GPUs. Investors remain cautious about AMD’s ability to convert new products into sales growth.
Nvidia stock jumps after CEO says Rubin AI chips are “in full production” at CES

Nvidia stock jumps after CEO says Rubin AI chips are “in full production” at CES

Nvidia shares rose 1.1% to $190.12 in early New York trading Tuesday after CEO Jensen Huang announced the Vera Rubin AI platform is in full production and will ship via partners in the second half of 2026. The flagship Rubin server will use 72 graphics chips and 36 CPUs, aiming for a tenfold gain in token efficiency. Investors await Nvidia’s J.P. Morgan CES fireside chat later Tuesday and U.S. jobs data on Friday.
Zeta Global stock jumps in premarket after OpenAI deal for Athena AI marketing agent

Zeta Global stock jumps in premarket after OpenAI deal for Athena AI marketing agent

Zeta Global shares rose 10.8% to $24.00 in premarket trading Tuesday after announcing a collaboration with OpenAI for its Athena product. The company expanded beta access to two AI-powered apps and said TKO Group Holdings participated in early testing. The stock closed Monday at $21.67, up 8.8%, with 13.6 million shares traded. Athena’s full launch is planned by the end of Q1 2026.
US stock market: Vistra stock pops in premarket on $4.7B Cogentrix deal amid AI power-demand boom

US stock market: Vistra stock pops in premarket on $4.7B Cogentrix deal amid AI power-demand boom

Vistra shares rose 4.4% to $170.17 premarket Tuesday after agreeing to buy Cogentrix Energy from Quantum Capital Group in a deal valued at $4.7 billion. The acquisition adds 5.5 gigawatts of natural gas generation across key U.S. markets and is expected to close in mid-to-late 2026. Vistra said the deal should boost per-share cash flow starting in 2027.
Adobe stock slips on Jefferies downgrade as AI payoff questioned — what to watch next

Adobe stock slips on Jefferies downgrade as AI payoff questioned — what to watch next

Jefferies downgraded Adobe to “hold” from “buy” and cut its price target to $400, citing no clear AI-driven growth. Adobe shares closed down 0.5% at $331.56 after hitting $327.51 intraday. The firm warned of rising competition from cheaper AI tools for casual users. Investors await the U.S. December jobs report on Jan. 9 and Adobe’s Q1 earnings call on March 12.
Western Digital stock hits a 52-week high, then cools after-hours as AI memory squeeze grips traders

Western Digital stock hits a 52-week high, then cools after-hours as AI memory squeeze grips traders

Western Digital shares ended after-hours trading at $187.88, up 0.1%, after swinging between $182.77 and $195.75. The stock briefly touched a 52-week high amid reports of a global memory-chip supply crunch driven by AI infrastructure demand. Traders are watching for the Jan. 9 U.S. jobs report, Jan. 13 CPI data, and Western Digital’s next earnings, expected around Feb. 4.
Zeta Global stock jumps on OpenAI partnership, fueling short-squeeze chatter in AI trade

Zeta Global stock jumps on OpenAI partnership, fueling short-squeeze chatter in AI trade

Zeta Global shares surged nearly 9% Monday after announcing a partnership with OpenAI to power its Athena marketing tool, with expanded beta access and a full launch planned by the end of Q1. The move, revealed at CES 2026, fueled short-squeeze speculation as traders noted high short interest. Chip-related stocks also advanced. Major U.S. indexes closed higher, with the Dow up 1.23%.
Nvidia says Rubin chips are in full production at CES 2026 as Mercedes adopts DRIVE AV

Nvidia says Rubin chips are in full production at CES 2026 as Mercedes adopts DRIVE AV

Nvidia CEO Jensen Huang announced at CES that the company’s Vera Rubin AI platform is in full production and delivers five times the AI computing power of previous chips for chatbots and similar tasks. Rubin-based products will be available through partners in the second half of 2026. Nvidia said Rubin can cut inference token costs by up to 10 times and train models with four times fewer GPUs than its Blackwell platform.
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Stock Market Today

  • Tom Lee's BitMine Cuts Ethereum Purchases by 74% for Strategic Ownership
    May 16, 2026, 5:02 AM EDT. BitMine Immersion Technologies ($BMNR) has reduced its weekly Ethereum (ETH-USD) purchases by 74%. The move aims to reach a targeted 5% ownership stake more cautiously. This more measured approach reflects BitMine's strategic adjustment amid shifting market dynamics. Ethereum is a leading cryptocurrency widely used for decentralized applications and smart contracts. BitMine's shift signals a change in accumulation strategy, influencing market participants' perceptions of institutional demand.

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Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 16.05.2026

16 May 2026
LIVEMarkets rolling coverageStarted: May 16, 2026, 4:00 AM EDTUpdated: May 16, 2026, 5:07 AM EDT Tom Lee's BitMine Cuts Ethereum Purchases by 74% for Strategic Ownership May 16, 2026, 5:02 AM EDT. BitMine Immersion Technologies ($BMNR) has reduced its weekly Ethereum (ETH-USD) purchases by 74%. The move aims to reach a targeted 5% ownership stake more cautiously. This more measured approach reflects BitMine’s strategic adjustment amid shifting market dynamics. Ethereum is a leading cryptocurrency widely used for decentralized applications and smart contracts. BitMine’s shift signals a change in accumulation strategy, influencing market participants’ perceptions of institutional demand. Tom Lee’s BitMine
Dow Drops 537 Points With After-Hours Selling Threatening Wall Street AI Rally

Dow Drops 537 Points With After-Hours Selling Threatening Wall Street AI Rally

16 May 2026
U.S. stock ETFs fell in after-hours trading Friday following a more than 1% drop in the S&P 500, Dow, and Nasdaq. Oil surged 4.2% to $105.42 a barrel and the 10-year Treasury yield hit 4.597%, fueling concerns over inflation and Fed rate hikes. Nvidia, AMD, and Intel led chip declines, while Berkshire Hathaway disclosed a $2.65 billion Delta stake and exited Amazon, Visa, and Mastercard.
Accuray inks 10-year cancer tech agreement, shares in focus

Accuray inks 10-year cancer tech agreement, shares in focus

16 May 2026
Accuray and the University of Wisconsin School of Medicine and Public Health signed a 10-year research agreement focused on Accuray’s Stellar adaptive radiotherapy platform. The announcement came after market close, with Accuray shares ending down 5.2% at $0.27. The deal follows Accuray’s recent withdrawal of fiscal 2026 guidance and ongoing financial pressures.
Origin Materials Gains as Filing Signals $3.54 Liquidation Payout Possible

Origin Materials Gains as Filing Signals $3.54 Liquidation Payout Possible

16 May 2026
Origin Materials asked shareholders to approve a plan to liquidate and dissolve the company, estimating an initial payout of $0.61 to $3.54 per share depending on asset sales and claims. Shares rose 15% to $1.43 after the filing. The company reported a 91% drop in first-quarter revenue and warned it may not survive without the wind-down. Origin cut 59% of its workforce and CEO John Bissell stepped down May 1.
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