Today: 2 July 2026
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NASDAQ:SHAZ 12 June 2026 - 30 June 2026

SharonAI shares dip on $1.6B deal as float moves before Russell reshuffle

SharonAI shares dip on $1.6B deal as float moves before Russell reshuffle

SharonAI Holdings Inc finished down Monday. The AI cloud firm secured a $1.6 billion private raise, but investors looked past that as the deal terms hint at a much bigger common-equivalent share count before Nvidia-related income starts coming in. The shares dropped 1.28% to close at $81.00 on Nasdaq, with trading between $76.40 and $86.0878, according to WSJ data. Volume reached 1.49 million, more than double the 65-day average of 646,366. After hours, WSJ put the quote at $88.00, up 8.64%, at 6:07 p.m.
30 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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Stock Market Today

  • Sensex, Nifty Climb as Crude Drops; Fed Rate Hopes and India-Japan Summit in Focus
    July 2, 2026, 1:19 PM EDT. Indian shares traded sharply higher Thursday. The Sensex added almost 580 points to 77,502, while the Nifty picked up about 170 points to 24,176, helped by crude oil slipping to $70 a barrel. India VIX fell nearly 8%. Investors looked to the India-Japan Summit-trade, defence and tech deals in play-lifting the IT sector. U.S. payrolls missed forecasts, which eased Fed hike worries and sent Wall Street and European markets up. Charts point to the Nifty making a move toward 24,300-24,500, with 24,000 acting as nearby support. HDFC Bank, Reliance, ICICI Bank and Infosys saw heavy volumes.
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