Today: 12 June 2026
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Nasdaq 8 June 2026 - 11 June 2026

Elong Power Stock Rips 58%, Small Nasdaq Battery Play Goes Wild

Elong Power Stock Rips 58%, Small Nasdaq Battery Play Goes Wild

Elong Power shares soared 58.3% to $1.22 in heavy Nasdaq trading, with volume topping 123 million, after a recent $6 million unit offering at $1.30 and a March 1-for-80 reverse split; despite the rally, the stock remained below the recent offering price, with filings showing a $5.57 million net loss for 2025, a $14 million working-capital deficit, and warnings of possible further dilution if more capital is needed.
Nasdaq rises as AI names find support after market selloff

Nasdaq rises as AI names find support after market selloff

Nasdaq surged 1.27% as investors snapped up AI and chip stocks after Friday’s rout, with the Philadelphia Semiconductor Index jumping 6.2%; Citigroup hiked its S&P 500 year-end target to 8,100 on AI demand, but Goldman Sachs warned strong jobs data makes a Fed rate hike more plausible, posing risks to growth stocks if inflation surprises.
SUNation Surges Premarket After Announcing Suniva Merger, Pushing Solar Startup Toward Nasdaq Manufacturing

SUNation Surges Premarket After Announcing Suniva Merger, Pushing Solar Startup Toward Nasdaq Manufacturing

SUNation Energy soared 165% to $2.995 premarket after announcing a reverse merger with Suniva, shifting its Nasdaq listing to focus on U.S. solar cell manufacturing, but pre-merger SUNation holders would own just 1.8% of the combined company, facing heavy dilution and execution risk as the deal awaits approvals and a 2026 close.
Dow Futures Edge Lower as Nasdaq Recovers; AI Selloff Gets a Test Today

Dow Futures Edge Lower as Nasdaq Recovers; AI Selloff Gets a Test Today

Nasdaq 100 futures jumped 0.69% as chip stocks rebounded premarket after a $1.3 trillion rout Friday, but surging oil prices and a sharp rise in Fed rate-hike bets fueled concerns about inflation and growth stock valuations, with Goldman Sachs now seeing no Fed rate cuts until 2027 and Citigroup warning AI-driven gains may not last beyond 2027.
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Stock Market Today

  • Sensex Rallies 700 Points, Nifty Tops 23,350 on US-Iran Deal Hopes and Crude Oil Drop
    June 12, 2026, 1:47 AM EDT. The Indian stock market saw a strong rally on Friday, with the Sensex surging 719 points to 74,551 and the Nifty rising above 23,350 amid optimism over a US-Iran deal. US President Donald Trump's announcement of an end to hostilities with Iran boosted global market sentiment. All major sectoral indices in India advanced, led by gains in oil marketing firms BPCL, HPCL, and Indian Oil, as crude oil prices dropped to near two-month lows, easing inflation concerns and input costs. Heavyweight banking stocks also rose following the Reserve Bank of India's forex swap facility. Analysts highlighted that the crude price fall is a positive macroeconomic development for India, potentially reducing the import bill and supporting the rupee and inflation outlook.

Latest articles

AI Names Drop, Oil Upends Inflation Bets, US Stocks Slip

Dow up 930 points after hours as tech lifts Nasdaq

12 June 2026
Dow soars 929.97 points for its strongest session in months as easing geopolitical risk and a rebound in tech drive ETFs higher after hours; chip stocks surge with the PHLX Semiconductor Index up 7.9%, while Adobe drops 5.44% after CFO exit despite raised forecasts.
Keel Infrastructure (KEEL) shares surge after $458 million AI data center deal closes

Keel Infrastructure (KEEL) shares surge after $458 million AI data center deal closes

12 June 2026
Keel Infrastructure Corp. surged 5.14% to $5.52 after closing $458 million in 1.250% convertible senior notes due 2032, with proceeds aimed at accelerating AI and high-performance computing data center projects; the notes’ initial conversion price is $7.41, about 25% above the June 4 close, while analysts’ 12-month price targets range from $3.00 to $8.00, averaging $5.52.
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