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ASX:IAG 10 February 2026

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Navitas Jumps After Nvidia AI Power News, But Dilution Is in Play

Navitas Jumps After Nvidia AI Power News, But Dilution Is in Play

3 June 2026
Navitas shares soared 21% to $31.18 after announcing work with Nvidia’s MGX AI Factory ecosystem, as the company showcased its 800V-to-6V power board at COMPUTEX 2026; investors remain cautious amid ongoing losses, high valuation, recent share-issuance filings, and no disclosed purchase orders or shipment timelines.
Oracle Stock Moves Higher as AI Backlog Draws Focus

Oracle’s $50 Billion AI Bet Draws Wall Street’s Focus

3 June 2026
Oracle shares plunged 5.4% to $231.41 as investors questioned soaring capital spending ahead of next week’s earnings, with a $553 billion AI backlog and negative free cash flow raising concerns about whether revenue will arrive fast enough to justify $50 billion in planned capex and new debt.
BigBear.ai’s AI Rally Runs Out of Steam After Losses

BigBear.ai’s AI Rally Runs Out of Steam After Losses

3 June 2026
BigBear.ai shares dropped 6% to $4.80 Wednesday as investors weighed a new Panama cargo-security contract against flat Q1 revenue, heavy losses, and dilution concerns, with debate over whether defense-AI backlog and demand can sustain its $2.27 billion valuation after last week’s 21% surge.
Dow drops after oil jump, Fed signals and tech moves

Dow drops after oil jump, Fed signals and tech moves

3 June 2026
The Dow Jones fell 338.84 points, or 0.66%, to 50,968.95 as oil surged near $100 a barrel after Iran launched missiles and U.S. forces struck Iran’s Qeshm Island, reviving inflation fears and ending Wall Street’s record run; tech stocks led declines, with software down 3.1% and Datadog, Palo Alto Networks, and IBM dropping up to 7.7%. (Reuters)
Dow Slips as Oil Spike Hits Markets, Fed Rate Outlook Back in Focus

Dow Slips as Oil Spike Hits Markets, Fed Rate Outlook Back in Focus

3 June 2026
U.S. stocks slid from record highs as surging oil prices and rising Treasury yields pressured major indexes, with the Dow down 0.76%, S&P 500 off 0.34%, and Nasdaq losing 0.41%; tech shares led declines after U.S.-Iran tensions flared and data showed persistent hiring and rising input costs, challenging hopes for imminent Fed rate cuts.
USA Rare Earth Lands $1.6 Billion U.S. Funding; Shares Drop Anyway

USA Rare Earth Lands $1.6 Billion U.S. Funding; Shares Drop Anyway

3 June 2026
USA Rare Earth shares fell 3.5% to $29.64 despite finalizing up to $1.6 billion in Commerce Department funding and loans for its $1.2 billion South Carolina rare earth magnet plant, as investors weighed execution risks, dilution from new shares and warrants, and the long timeline before operations begin in 2028.
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