Today: 18 June 2026
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NASDAQ:FSTR 29 May 2026

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  • Amazon Shares Rise on AI Chip Sales Talk, Ahead of Prime Day and Strong AWS Growth
    June 18, 2026, 4:10 PM EDT. Amazon shares rose 2.4% after reports that it is in talks to sell custom AI chips to external data centers, a move that could extend its cloud dominance beyond Amazon Web Services (AWS). AWS sales surged 28% in the April quarter to $37.6 billion, driven by increased AI infrastructure spending. CEO Andy Jassy highlighted AWS's fastest growth in over three years. Meanwhile, Amazon unveiled new AI tools at its AWS summit focusing on software automation with less human input. Prime Day, scheduled for June 23-26, is anticipated to boost online sales further, highlighting Amazon's strong retail foothold. Investors are closely watching whether Amazon's AI push will translate into sustained revenue gains amid rising competition from Nvidia, whose shares also rose slightly.

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US stocks finish up as chip shares surge and oil falls

US stocks finish up as chip shares surge and oil falls

18 June 2026
Semiconductor stocks surged, powering the Nasdaq up 1.48%, after President Trump announced Apple will partner with Intel on U.S. chip design and manufacturing, boosting Intel shares and the Philadelphia semiconductor index, while investors weighed Fed rate risks and lower oil prices ahead of the Juneteenth holiday market closure.
CervoMed rises on patent news, pares gains after $10M equity sale

CervoMed rises on patent news, pares gains after $10M equity sale

18 June 2026
CervoMed shares soared to $7.75 intraday after announcing a U.S. patent allowance for neflamapimod in “pure” dementia with Lewy bodies patients, with protection expected into 2042, but gave back most gains after a $10 million share sale at $4 each; stock last up 8.7% at $4.14 on volume over 105 million shares.
Corning stock jumps 10% as AI data-center fiber trade draws fresh bids

Corning stock jumps 10% as AI data-center fiber trade draws fresh bids

18 June 2026
Corning shares soared 10.3% to $193.45 Thursday, outpacing the market as investors focused on its AI data-center optical-fiber deals with Amazon and Nvidia; core Q1 sales rose 18% to $4.35 billion, but risks remain from weak consumer demand and a high P/E ratio of 92, with the lowest analyst target at $180.
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