Today: 9 June 2026
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LSE:CTEC 18 November 2025 - 22 May 2026

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  • Chip Stocks Rebound Boost S&P 500, Futures Steady Ahead of U.S.-Iran Deal Hopes
    June 9, 2026, 7:26 AM EDT. U.S. stock futures showed modest gains Tuesday following a rebound in chip stocks after last week's sharp declines. The S&P 500 futures rose 0.39%, Nasdaq 100 futures gained 0.67%, and Dow futures advanced 0.19%. Micron and Qualcomm led chip sector gains after steep losses, helped by a 6% rebound in the iShares Semiconductor ETF which dropped 10% Friday amid profit-taking fears in AI-driven stocks. Crude oil prices fell 2% below $90 a barrel on optimism surrounding a potential U.S.-Iran deal expected to reopen the Strait of Hormuz, a crucial oil transit route. Asian markets mostly climbed, led by Japan's Nikkei up over 2%, while the Dow bucked the trend Monday, falling 0.16%. Market watchers question the sustainability of rapid gains in chip prices driven by AI demand.

Latest articles

Tesla’s China Deal Buys Time. Robotaxi Bets Still in Focus

Tesla’s China Deal Buys Time. Robotaxi Bets Still in Focus

9 June 2026
Tesla surged 4.63% to $408.97 after May China retail sales jumped 22.53% year-on-year to 47,281 vehicles, ending a two-month decline, giving investors a concrete reason to revisit the stock ahead of Tuesday’s open, but risks remain as year-to-date sales are still down and the robotaxi fleet is small.
Micron Shares Edge Higher Again, But AI Memory Push Still Has a Snag

Micron Shares Edge Higher Again, But AI Memory Push Still Has a Snag

9 June 2026
Micron Technology jumped 3.77% premarket to $985.04 as investors returned to AI memory stocks, with analyst target hikes and strong demand for high-bandwidth memory driving gains; upcoming June 24 earnings will test whether Micron’s shift to stable, AI-driven revenue can justify its new valuation.
Cerebras Jumps Again After Wall Street Calls Its AI Chip a Rival for Nvidia

Cerebras Jumps Again After Wall Street Calls Its AI Chip a Rival for Nvidia

9 June 2026
Cerebras Systems surged 18.32% Monday and jumped another 3.66% premarket to $246.53 after at least nine Wall Street banks launched bullish coverage, spotlighting the AI-chip maker’s rapid rise as a public-market test for AI hardware demand beyond Nvidia, with investor focus on its massive OpenAI deal and AWS partnership—but risks loom if OpenAI demand shifts or rivals defend their turf.
Keel Infrastructure Shares Climb Premarket on $400M AI Power Deal

Keel Infrastructure Shares Climb Premarket on $400M AI Power Deal

9 June 2026
Keel Infrastructure surged 3.18% premarket to $5.84 as investors weighed a $400 million upsized convertible note sale to fund its AI data-center pivot, with notes convertible at $7.41—25% above last week’s close. The stock is up 529.59% year-over-year but remains volatile amid execution, permitting, and dilution risks, as analysts cite progress on key HPC/AI projects and the sector draws attention for power access.
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