Today: 8 June 2026
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NASDAQ:UGRO 14 October 2025

Urban-gro Stock Skyrockets on Flashy Merger Deal – Is This the Cannabis Builder’s Comeback?

Urban-gro Stock Skyrockets on Flashy Merger Deal – Is This the Cannabis Builder’s Comeback?

Urban-gro, Inc. signed a binding letter of intent on Oct. 14, 2025, to merge with Flash Sports & Media, whose shareholders will own about 90% of the combined company. Urban-gro’s stock surged up to 60% intraday on the news but stayed below Nasdaq’s $1 minimum, leaving its listing in jeopardy. The company faces financial struggles, including defaulting on a $10 million credit line and settling a $1.49 million lawsuit.

Stock Market Today

  • Is NVIDIA (NVDA) a Good Buy Amid AI Growth and High Valuation?
    June 8, 2026, 2:12 PM EDT. NVIDIA Corporation (NVDA) trades at $205.10 with a trailing P/E of 31.41 and forward P/E of 23.42 as of June 5. Bulls argue NVDA offers value investing in growth, citing expected revenue of $78.8 billion and net income of $43.5 billion in Q1 fiscal 2027. Management forecasts profits may exceed $200 billion in 2027, up over 70% from 2025. Despite its size, market skepticism on sustaining rapid growth creates a potential undervaluation. Demand for Nvidia's AI infrastructure remains strong, constrained by supply, not customer appetite. Past bullish outlooks focused on NVDA's AI dominance, competitive moat via CUDA technology, expanding markets, and solid valuation amid moderating growth. The firm is positioned near record U.S. corporate profitability levels with continued sequential growth guidance.

Latest articles

ASML Sets New European Valuation Record; Broadcom Shows Risks in AI

ASML Sets New European Valuation Record; Broadcom Shows Risks in AI

8 June 2026
ASML’s market value soared to a European record of $691.8 billion as analysts raised estimates for its EUV machine output, driving U.S. shares up 7.1% after JPMorgan and Morgan Stanley hiked price targets, with investors betting on ASML’s control of critical chipmaking tools amid surging AI demand and factory expansions planned for 2026.
Meta $145 Billion AI Push Faces Snag With Wall Street

Meta $145 Billion AI Push Faces Snag With Wall Street

8 June 2026
Meta shares fell 0.8% to $587.97 Monday after reports the company may sell tens of billions in new stock to fund AI infrastructure, raising investor concerns about dilution as capital spending soars and AI financing shifts from earnings to equity markets; Meta has not hired banks and may still consider other financing options.
Palantir’s $200 Target Meets Doubts on AI Growth

Palantir’s $200 Target Meets Doubts on AI Growth

8 June 2026
Palantir shares steadied at $135.73 after a volatile week, as investors weighed 85% Q1 revenue growth and a raised 2026 forecast against a steep 96x forward earnings valuation, with analysts warning that any slowdown in U.S. commercial or government revenue, or a shift in AI sentiment, could sharply impact the stock’s high multiple.
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