Today: 1 July 2026
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Cloud Computing 12 June 2026 - 30 June 2026

Amazon gains $80 billion as AWS GPU prices top Prime Day sales

Amazon gains $80 billion as AWS GPU prices top Prime Day sales

Amazon.com, Inc. heads into Tuesday’s New York pre-market with shares gaining about $80 billion in equity value on Monday. This comes as its Prime Day sales event generated $26.4 billion in U.S. online retail spend. Nasdaq’s regular session was still closed at press time. Pre-market runs 4:00 a.m. to 9:30 a.m. ET, with regular trading 9:30 a.m. to 4:00 p.m. ET. There’s no June 30 closure on Nasdaq’s 2026 holiday list. Amazon finished Monday at $240.14, climbing $7.45, or 3.2%. Volume hit 77.62 million shares, which is 154% of the 65-day average. MarketWatch lists 10.76 billion shares outstanding for Amazon, so the move implies a roughly $80.2 billion increase in equity.
30 June 2026
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Amazon.com (NASDAQ:AMZN) sheds $67 billion on cloud worries, taking shine off Prime Day numbers

Amazon.com (NASDAQ:AMZN) sheds $67 billion on cloud worries, taking shine off Prime Day numbers

Amazon.com, Inc. traded lower Thursday, with the slide outpacing moves seen on Prime Day. Shares were at $228.06, down $6.21, as of 1:33 p.m. EDT. With 10.76 billion shares outstanding, that cut about $67 billion from Amazon’s equity value, according to WSJ data. The figure was roughly 2.5 times Adobe’s $26.3 billion estimate for total U.S. online spending during the four-day Prime Day stretch. Adobe’s tally is for overall online sales at U.S. retailers, not just Amazon. That ratio is still important since the stock was trading on cloud risk and cash flow, not just one set of retail numbers.
25 June 2026
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Nebius (NASDAQ:NBIS) in focus after Vineland power test, CoreWeave (NASDAQ:CRWV) shows live AI capacity

Nebius (NASDAQ:NBIS) in focus after Vineland power test, CoreWeave (NASDAQ:CRWV) shows live AI capacity

Nebius Group rolled out Nebius AI Cloud 3.6 on Wednesday, adding an infrastructure-control agent, more security, and better storage for production AI workloads. The Amsterdam-based firm announced the new software release, but the main question for investors stays the same: how quickly it can turn its contracted power into running AI capacity. Nebius product news dropped this week as Vineland faced a new bear call. A June 23 Seeking Alpha piece said Nebius has shifted from a demand story to a delivery story at the New Jersey site linked to Microsoft, with the focus now on connected power instead of contracted power.
25 June 2026
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Oracle (NYSE:ORCL) stock slips as AI spending outpaces cloud infra sales

Oracle (NYSE:ORCL) stock slips as AI spending outpaces cloud infra sales

Oracle Corporation lost 4.62% to close at $157.53 on Wednesday, lagging the S&P 500’s 0.10% dip and extending its slide to a third day. Volume hit 37.7 million, topping the 50-day average of 28.1 million shares, according to MarketWatch. Oracle shares faced pressure after the company’s annual report on Monday, which broke down the numbers behind the recent stock move. There are fewer workers, more AI data-center gear, and the cash profile isn’t just software anymore.
25 June 2026
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Cerebras (NASDAQ:CBRS) trades near IPO price as cloud margins, OpenAI costs drag after earnings

Cerebras (NASDAQ:CBRS) trades near IPO price as cloud margins, OpenAI costs drag after earnings

Cerebras Systems Inc. stock was due for its first full-day move after the AI chipmaker's first earnings report as a public company. Sales jumped, but costs rose just as fast. The company is running into higher expenses as it tries to scale up growth. Nasdaq’s main session was still closed. According to the exchange, trading hours are 9:30 a.m. to 4 p.m. ET, with premarket from 4 a.m. Pre-market moves showed Cerebras at $193.25, down from Tuesday’s $226.72 close, Google Finance data showed. Nasdaq’s 2026 holiday schedule does not list June 24 as a closure.
24 June 2026
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IREN stock falls as Wall Street stays split on AI cloud payoff

IREN stock falls as Wall Street stays split on AI cloud payoff

IREN Limited slipped almost 4% Tuesday. The bigger story for investors is the wide range of Wall Street price targets as the company trades less as a bitcoin miner and more like an AI data-center play loaded with debt. IREN closed at $54.72, down 28.8% from its 52-week high at $76.87 but still trading close to five times above its 52-week low of $10.92. Shares moved in a $4.79 range during regular hours, about 8.8% of the last price. Market cap is listed at $19.56 billion.
24 June 2026
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Cerebras (NASDAQ:CBRS) heads into tighter margin territory post-Q1 beat as AI cloud shifts

Cerebras (NASDAQ:CBRS) heads into tighter margin territory post-Q1 beat as AI cloud shifts

• Cerebras posted first-quarter revenue of $193.4 million, jumping 94%. Cloud and other services brought in 178% more than a year ago.• The company projected core gross margin in the second quarter at 36% to 38%, well under the 46.5% it reported for the first quarter.• Shares last traded at $226.72, up 1.1%. The stock moved in a range of $210.11 to $236.99. Cerebras Systems’ first earnings as a public company showed strong growth, but investors zeroed in on the second-quarter margin outlook from management, further down the release.
23 June 2026
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Oracle (NYSE:ORCL) shares down as AI layoffs put focus on cloud spending

Oracle (NYSE:ORCL) shares down as AI layoffs put focus on cloud spending

Oracle shares dropped 2.7% to $170.32 in late-morning New York trading Tuesday. The move came after the company said in its annual report that its workforce was down by around 21,000 in fiscal 2026, raising investor worries about the cost of its AI plans. Oracle touched $165.00 earlier. The company’s market value now sits near $496 billion. Poor timing for tech stocks. U.S. technology shares dropped as investors pulled money from semiconductor and AI-linked names. Both the Nasdaq and S&P 500 traded at more than one-week lows. Nigel Green, chief executive of deVere Group, said the AI trade was so crowded that “the exit door becomes very small very quickly.”
23 June 2026
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Microsoft slips 2.9% this holiday-shortened week as traders question cloud capacity

Microsoft slips 2.9% this holiday-shortened week as traders question cloud capacity

U.S. markets didn’t trade Friday because of Juneteenth, so Microsoft’s last price for the week stayed at $379.40 from Thursday. That was down $11.34 from June 12, while the S&P 500 and Nasdaq managed to finish the short week up. Chipmakers and AI parts suppliers kept seeing gains, but Microsoft lagged the group. Microsoft's stock dropped 3.8% Wednesday and clawed back just 0.1% Thursday. That split is important for investors.
19 June 2026
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Nebius climbs ahead of Nasdaq-100 debut in AI cloud run-up

Nebius climbs ahead of Nasdaq-100 debut in AI cloud run-up

Nebius Group shares jumped in premarket trading Thursday, pushing higher ahead of the company’s move into the Nasdaq-100 set for next week. The stock traded at $292.79 as of 08:07 a.m. ET, up 4.23% before the regular session. Nebius had ended Wednesday up 5.96% at $280.91. Index inclusion can bring buying from funds that have to follow the benchmark. Nasdaq said Nebius will join before the open on Monday, June 22. The Nasdaq-100 covers 100 large non-financial companies listed on Nasdaq. Over 200 products track the index, totaling more than $800 billion in assets.
18 June 2026
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Southwest Airlines, AWS set sights on 2028 for cloud and AI revamp

Southwest Airlines, AWS set sights on 2028 for cloud and AI revamp

Southwest Airlines said Wednesday it plans to expand work with Amazon Web Services and shift to a cloud and AI-enabled operating model by 2028. The company is still working to overhaul its business after years of reliability and return issues. Southwest Airlines, based in Dallas, said it picked AWS as its preferred cloud provider as the carrier tries to update systems used for ticket sales, operations and its 70,000-plus workers. The move comes as Southwest’s new commercial model needs systems that manage more complicated seating, loyalty, pricing and customer service—capabilities the airline’s old open-seating, point-to-point model didn’t require.
18 June 2026
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Nebius stock surges after Eigen AI win, eyes on Nasdaq-100 cloud move

Nebius stock surges after Eigen AI win, eyes on Nasdaq-100 cloud move

Nebius Group spiked in late Nasdaq action Wednesday after the Amsterdam AI cloud company wrapped up its purchase of Eigen AI. The company said the deal is aimed at moving Nebius further into AI software. Nebius shares climbed around 8.4% to $287.49, after hitting $297.75 intraday, according to the latest data. Nebius is set to join the Nasdaq-100 in a few days, a move that could bring in fresh demand from index funds and puts it alongside new AI infrastructure firms like CoreWeave and Astera Labs. Nasdaq has said the rebalance happens before the open on June 22. More than 200 products track the index, representing over $800 billion in assets worldwide.
17 June 2026
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Rackspace jumps after AMD AI compute agreement raises hopes for turnaround

Rackspace jumps after AMD AI compute agreement raises hopes for turnaround

Rackspace Technology stock surged on heavy volume Wednesday, building on two days of steep gains. The cloud-services company finalized its May memorandum with Advanced Micro Devices into a binding deal for AI data-center capacity. The stock gained $2.10, or 33.8%, to trade at $8.31, having reached $8.34 just before. There were roughly 42.8 million shares traded, well above normal for the small-cap.
17 June 2026
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IREN shares rise 5% as AI cloud push meets big tech challenge

IREN shares rise 5% as AI cloud push meets big tech challenge

IREN Limited jumped in U.S. trading, finishing up 5.40% at $59.77. The move added $3.06 for the day on volume of roughly 45.5 million shares. The Nasdaq-listed AI infrastructure stock kept climbing in after-hours, last at $60.39. IREN, once focused on Bitcoin mining, is still drawing attention as these firms try to pivot into AI data centers. IREN’s price move is drawing attention as the market is starting to value the company more for what it does in AI cloud than for its Bitcoin mining business. On June 1, IREN closed a $3.65 billion investment-grade GPU financing facility to back its Microsoft AI Cloud contract. Investment-grade here means the debt is seen as lower risk. IREN said this facility, combined with customer prepayments, covers about 96% of the total $5.81 billion in GPU capital spending planned for Microsoft, with a 3.31% average financing cost. “The financing broadens our access to institutional capital and lowers our cost of capital as we scale,” co-founder and co-CEO Daniel Roberts said.
14 June 2026
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IREN Stock Rises 5% as AI Cloud Bet Outruns Nasdaq: Is the Rally Still Attractive?

IREN Stock Rises 5% as AI Cloud Bet Outruns Nasdaq: Is the Rally Still Attractive?

IREN Limited shares extended their rebound on Friday, closing at $59.77, up $3.06, or 5.40%, on volume of about 45.4 million shares. The move stood out against a calmer market backdrop: the Nasdaq Composite finished up 0.31% at 25,888.84, meaning IREN outperformed the broader technology index as buyers returned to AI infrastructure and former Bitcoin-mining names. The move matters because IREN’s stock price is now being driven less by current Bitcoin-mining earnings and more by what investors think its future AI cloud revenue can become. Stocks usually rise when investors raise expectations for future cash flows or believe risk has fallen; they fall when growth looks delayed, financing becomes more expensive, shareholders face dilution, or good news already appears priced in. That is the tension around IREN today: the market is rewarding a big AI pivot while still testing how quickly the company can turn announced capacity into revenue.
14 June 2026
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Microsoft Sinks Under $390 With Nasdaq in Recovery

Microsoft Shares Fall as Investors Worry About AI Spend, Cloud Push

Microsoft shares struggled again Friday. The stock traded near $386.92, hitting an intraday low of $382.32, and put the company’s market value at about $2.88 trillion. Microsoft’s P/E ratio sat around 23, meaning the stock is priced for a lot of future growth. Any stumble in AI-related cloud revenue could weigh heavily. Microsoft’s decline stands out because it’s losing ground even as the rest of the market climbs. Shares closed down 1.77% at $390.34 on Thursday, while the S&P 500 gained 1.8% and the Nasdaq composite added 2.5%. Barron’s said Friday the stock has dropped for six sessions in a row, with worries over AI spending hitting big tech.
12 June 2026
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CoreWeave shares surge after CRWV added to Nasdaq-100

CoreWeave shares surge after CRWV added to Nasdaq-100

CoreWeave, Inc. surged Friday as Nasdaq announced the AI cloud infrastructure company is set to join the Nasdaq-100 Index. Shares of CRWV traded at $104.42 in the early afternoon, climbing $8.68, or about 9.1%, from the previous close. The stock hit an intraday high of $105.52 and traded on volume topping 25 million shares. Funds that follow or measure against the Nasdaq-100 often have to buy shares of new entrants, so Nasdaq-100 inclusion can drive demand in the short run. Nasdaq said CoreWeave joins the index along with Astera Labs, Nebius Group, Rocket Lab and Teradyne. The lineup switches before the bell on Monday, June 22.
12 June 2026
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SharonAI Stock Jumps as Nvidia Deal Puts $4.88 Billion AI Cloud Bet in Focus

SharonAI Stock Jumps as Nvidia Deal Puts $4.88 Billion AI Cloud Bet in Focus

SharonAI Holdings Inc. shares moved back into the AI-infrastructure spotlight Friday after the company announced a six-year strategic compute collaboration with NVIDIA that SharonAI said has a contract value of up to $4.88 billion. The agreement targets 72 megawatts of new data-center capacity in Australia and the deployment of up to 40,000 NVIDIA Grace Blackwell GB300 graphics processing units, or GPUs, the chips used to run large artificial-intelligence training and inference workloads. The stock-price reaction matters because SharonAI is still being valued more on future contracted capacity than on current earnings. The latest available quote showed SHAZ at $71.51, with a market cap near $998 million and negative earnings per share, meaning the company does not have a meaningful positive price-to-earnings ratio, a common valuation measure comparing stock price with profit per share. Reuters, via Investing.com, reported that SharonAI shares surged after the NVIDIA announcement, underscoring how sensitive the stock is to signs that the company can secure scarce AI compute supply.
12 June 2026
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IREN Bounces After Needham Cuts Targets, Market Watches AI Cloud Moves

IREN Shares Bounce While Investors Assess AI Cloud Prospects, Ongoing Funding Concerns

IREN Limited gained Friday as traders reconsidered the company’s sharp turn toward AI infrastructure. Shares on Nasdaq last traded at $56.71, up $5.16 from Thursday’s close, with the 12:52 UTC print, market data show. That’s as the market shifts its focus from IREN’s Bitcoin mining roots to its efforts to generate recurring AI revenue from big GPU, data center, and cloud bets. Timing is the main issue for the stock right now. Needham cut its financial targets for fiscal 2026 and 2027, citing a delay in the ramp-up of AI cloud revenue until the end of calendar 2026, with more revenue from major deals now pushed into the fiscal third and fourth quarters. Still, Needham says IREN should hit an annualized AI cloud revenue run rate of about $3.7 billion by the first quarter of calendar 2027. Mining revenue, though, is expected to fall to nearly zero by year-end as Bitcoin mining capacity is swapped out for GPUs, the hardware used for AI training and inference.
12 June 2026
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Stock Market Today

  • Chenavari Toro Income Fund Limited to Post New Factsheet
    July 1, 2026, 3:41 AM EDT. Chenavari Toro Income Fund Limited said its latest factsheet will be out soon on the company website. The fund, managed by Chenavari Investment Managers, targets income assets. The update, given July 1, 2026, is meant as a routine communication to investors. Questions go to Guy Goyard at Chenavari Investment Managers by email or phone. The announcement went out through RNS, the London Stock Exchange's regulatory wire. The factsheet should break down performance and strategy once live.
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