Redwire Shares Fall After Steep Space Rally; Traders React
Redwire Corporation stock fell hard Wednesday as space stocks lost ground. The group had surged, but now investors are asking if growth is already priced in.
Sadot Rallies 170% After $12M Tradewell Deal Brings SDOT Back to Spotlight
Sadot Group Inc. shares shot up over 100% on the Nasdaq Wednesday after the agri-food supply chain firm said it bought Anira Consulting FZC, known as Tradewell, for $12 million. The deal gives Sadot a commodity trading and risk management outfit based in the UAE.
Navitas Jumps After Nvidia AI Power News, But Dilution Is in Play
Navitas Semiconductor shares jumped Wednesday. The power-chip maker said it’s working with Nvidia’s MGX AI Factory ecosystem on power systems for new AI data centers.
Oracle’s $50 Billion AI Bet Draws Wall Street’s Focus
Oracle shares dropped over 5% Wednesday morning as some of the AI-fueled gains came off. Investors refocused on the expense of scaling up cloud infrastructure tied to Oracle’s growth pitch. The stock was last seen at $231.41, down 5.4%, for a market cap near $674 billion.
BigBear.ai’s AI Rally Runs Out of Steam After Losses
BigBear.ai shares slipped in New York on Wednesday, pulling back after a recent rally. Investors looked at a new cargo-security contract, but concerns about flat revenue, ongoing cash burn and a steep valuation pressured the stock. Shares last changed hands at $4.80, down around 6%. The company’s market cap stands near $2.27 billion.
Dow drops after oil jump, Fed signals and tech moves
U.S. stocks slipped Wednesday. The Dow Jones Industrial Average retreated from its record highs as higher oil prices and new Middle East fighting weighed on a rally that had lifted Wall Street in recent days.
Dow Slips as Oil Spike Hits Markets, Fed Rate Outlook Back in Focus
Stocks pulled back late Wednesday morning, putting a stop to the latest streak of record highs. Oil prices moved higher and bond yields firmed, sending investors out of some tech names and other recent gainers. The Dow slipped 0.76% to 50,918.91, while the S&P 500 dropped 0.34% at 7,583.53. The Nasdaq Composite shed 0.41% to 26,982.80.
USA Rare Earth Lands $1.6 Billion U.S. Funding; Shares Drop Anyway
USA Rare Earth stock slipped at the open Wednesday, erasing an early rise. The company earlier said it had completed agreements with the U.S. Department of Commerce for up to $1.6 billion in funding.
Macy’s Holds Steady After Earnings Beat, Bigger 2026 View Driven by Bloomingdale’s
Macy’s stock barely moved Wednesday. The retailer lifted its full-year forecasts and reported its first quarterly sales growth in close to four years. Its higher-end turnaround is making progress, but the update wasn’t enough to spark a rally in the shares.
AMD Stock Holds Up As AI Rack Sales Draw Bulls
AMD gained 1.4% to $528.87 early Wednesday, shaking off declines in chip ETFs as investors saw new signs the company is making a bigger push into AI data-center gear. Nvidia dropped 2.3%. Intel was up 5.0%. Both iShares Semiconductor ETF and VanEck Semiconductor ETF slipped.
Medtronic Stock Jumps On Heart-Device Beat, But One 2027 Warning Hangs Over Rally
Medtronic plc shares jumped on Wednesday after the medical-device maker beat Wall Street’s fiscal fourth-quarter sales and profit estimates, helped by demand for heart devices used in complex cardiac procedures. The stock was recently up 5.1% at $77.52, outpacing a 0.6% rise in the iShares U.S. Medical Devices ETF.
Palantir’s $374 Billion Question Edges Back Into Focus
Palantir shares dropped roughly 4% after the open in New York on Wednesday, with both bullish and bearish voices out in force as the debate grew over whether the AI software firm’s trajectory justifies its high price tag. The stock changed hands at $145.96 at 9:47 a.m. EDT, putting Palantir’s market cap near $374 billion.
D-Wave Quantum Dips in Pre-Market as QBTS Approaches Major Test
D-Wave Quantum Inc. was down in premarket trading Wednesday, as the stock eased after recent quantum computing headlines. QBTS changed hands at $29.50 at 9:00 a.m. ET, off 1.37% from its $29.91 close on Tuesday. NYSE regular hours run 9:30 a.m. to 4:00 p.m. in New York.
Keel Shares Trade Over $6; AI Lease Watch Draws Trader Interest
Keel Infrastructure Corp. ticked up ahead of the Nasdaq open Wednesday, keeping momentum after pushing past $6 as traders watch its move from bitcoin mining toward AI data center operations. Shares were at $6.175 in premarket, according to MarketScreener at 09:08:53 EDT, up 0.57% from the $6.14 close on Tuesday.
Micron Shares Cross $1,000 as AI Memory Squeeze Catches Market’s Eye
Micron Technology was near $1,064 in premarket trading before the Nasdaq opened on Wednesday, keeping up gains that have made the company a key equity play tied to the AI push. This was during a normal U.S. trading day. Nasdaq runs its premarket session before the main open at 9:30 a.m. Eastern. The next full market holiday is June 19 for Juneteenth, according to its June 2026 schedule.
Xos Stock Surges 200% Premarket as Tiny EV Maker Targets AI’s Power Bottleneck
Xos Inc shares surged before the bell on Wednesday after the electric commercial vehicle and energy-storage company launched a new Power Hub product aimed at data centers, giving investors a fresh angle on the AI power trade. The stock was quoted at $7.12 in premarket trading at 8:52 a.m. EDT, up about 219% from Tuesday’s close of $2.23.
IREN Up Early as 800MW AI Campus in Australia Heats Up Power Race
IREN Limited climbed ahead of the bell Wednesday after the AI cloud and data-center operator announced it will build an 800 MW campus in Bundey, South Australia. This is its first data-center project announced in Australia. The company said it's secured a transmission connection agreement. The Nasdaq-listed shares recently traded at $66.60, up $1.25 from where they finished Tuesday.
Archer Aviation trades under $7 as next test looms for air-taxi gamble
Archer Aviation Inc. traded under $7 before the bell on Wednesday after closing at $6.74 on Tuesday. Shares finished down 1.46% with volume around 48.6 million. The New York Stock Exchange’s regular session was set for a 9:30 a.m. EDT open.
Broadcom’s $280 Billion AI Rally Hits Key Test
Broadcom heads into Wednesday’s earnings after shares ran higher for four days. Traders have piled into custom AI chips and data-center networking plays, boosted this week by Alphabet’s $80 billion stock sale plan and a record move in Marvell Technology. Broadcom is due to post its fiscal Q2 numbers after the close, with a results call set for 5:00 p.m. ET, the company said.
Legend Biotech jumps 42% as traders look at results from small cancer study
Legend Biotech Corporation shares are coming off a 42% rally on Tuesday, trading on the Nasdaq. Investors are still digesting early cancer-drug trial results that lifted hopes for the pipeline behind the company’s approved multiple myeloma drug Carvykti.
