Today: 11 June 2026
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NASDAQ:DO 26 January 2026

DigitalOcean stock jumps nearly 15% as AI-inference push keeps buyers in control

DigitalOcean stock jumps nearly 15% as AI-inference push keeps buyers in control

DigitalOcean shares jumped 14.9% to $61.58 on Monday, hitting a new 52-week high as investors piled into smaller cloud and AI infrastructure stocks. The rally followed recent analyst upgrades and news that DigitalOcean’s AI Inference Cloud Platform doubled throughput for Character.ai while halving costs. Vinay Kumar was named chief product and technology officer last week. Earnings are expected Feb. 24, according to MarketBeat.

Stock Market Today

  • Palm Oil Stocks Set for Gains Amid El Niño-Driven Price Surge
    June 10, 2026, 10:15 PM EDT. Crude palm oil (CPO) futures on Bursa Malaysia are firm between RM4,400 and RM4,530 in June 2026, with prices expected to rise further amid anticipated El Niño weather conditions starting mid-2026. El Niño typically causes lower palm fruit yields, tightening supply and boosting prices. This price spike threatens to expand profit margins for palm oil producers, as production costs remain mostly fixed. Analysis of six major palm oil companies listed on Bursa Malaysia and SGX highlights SD Guthrie Bhd as the safest, most liquid way to gain exposure. With a market cap over RM40 billion, SD Guthrie benefits directly from every RM100/tonne increase in CPO prices. Kuala Lumpur Kepong Bhd offers a defensive angle with its downstream manufacturing mitigating raw material cost spikes. Investors should carefully select stocks for leveraged exposure amid volatile weather-driven commodity cycles.

Latest articles

Tech stocks slide after hours, Oracle’s AI spending draws focus

Tech stocks slide after hours, Oracle’s AI spending draws focus

11 June 2026
Semiconductor stocks plunged 3.6%, dragging the S&P 500 technology sector into correction territory—down 11% from its June 2 record—as investors punished AI-linked companies like Oracle and Super Micro Computer for heavy spending and capital raises, signaling a shift in risk appetite amid rising inflation and escalating U.S.-Iran tensions.
Murphy USA Shares Spike 10% After Casey’s Margin Surge Rattles Gas Station Sector

Murphy USA Shares Spike 10% After Casey’s Margin Surge Rattles Gas Station Sector

11 June 2026
Murphy USA soared 10.04% to $612.16 as investors seized on Casey’s General Stores’ stronger-than-expected fuel margins, spotlighting sector-wide pump profitability; with Murphy’s own first-quarter fuel contribution up 40.6% and margins at 35.0 cents per gallon, the stock’s jump reflects bets that high margins will persist, though volatility in fuel prices remains a key risk.
Sky Quarry Jumps in After-Hours; Traders Eye June Refinery Restart

Sky Quarry Jumps in After-Hours; Traders Eye June Refinery Restart

11 June 2026
Sky Quarry soared 22.44% to $1.91 on record volume, then jumped to $2.38 after hours, as investors bet on a June refinery restart after repairs and a feedstock shortage crushed Q1 revenue to $383; with just $66,828 in cash and “substantial doubt” about its ability to continue, the stock’s fate hinges on hitting its June production target.
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