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  • AMD Stock Near Record Highs After MEXT Acquisition and Analyst Upgrades
    June 16, 2026, 6:39 AM EDT. AMD shares remain near record highs following a 6.98% rally on Monday and the acquisition of AI memory tech firm MEXT. The deal aims to boost AMD's data center and AI capabilities by optimizing memory systems, potentially lowering infrastructure costs and accelerating AI deployments. The stock has surged 332.99% over the past year and trades well above key moving averages, though momentum appears to have softened. Wall Street anticipates strong earnings growth with estimates of $1.55 per share on $11.28 billion revenue for next quarter. Analyst sentiment is positive, including recent upgrades from Citigroup, Bank of America, and Barclays, reflecting a bullish outlook despite the premium 182.4 times earnings valuation.

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SL Science Holding pops at Nasdaq open, SPAC risks linger

SL Science Holding pops at Nasdaq open, SPAC risks linger

16 June 2026
SLBT soared to $18.90 in early Tuesday trading after plunging 42.59% on its Nasdaq debut, as investors reacted to SL Bio’s SPAC merger and $7.8 million PIPE financing; with no new clinical data disclosed, trading was driven by liquidity and momentum, while major execution and funding risks remain.
Dow, S&P 500, Nasdaq Futures Gain; Oil Falls Ahead of Fed Decision

Stock futures flat with Fed decision ahead

16 June 2026
U.S. stock futures held steady after Monday’s surge fueled by falling oil prices and easing U.S.-Iran tensions, but investors are now focused on Wednesday’s Federal Reserve rate decision, the next major catalyst for market direction.
Substack hires ex-Roku exec to drive sponsorships

Substack hires ex-Roku exec to drive sponsorships

16 June 2026
Substack hired Dan Robbins as its first head of brand sponsorships and announced that brands including Uber, T-Mobile, Balenciaga, and Yahoo Scout are investing “millions of dollars” into creator sponsorships, marking a major shift from its subscription-only revenue model to include advertising-style income.
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