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Stock Market 2 June 2026

Why POET Technologies Stock Jumped After a $50 Million Lumilens AI Optics Order

POET Technologies Stock Rises After Pullback as AI-Optics Traders Step In

POET Technologies surged 10% to $15.24 as traders rotated back into the volatile AI-hardware stock after last week’s 17.1% drop, with the move centered on a $400 million financing deal and a $50 million Lumilens supply agreement that could reach $500 million over five years, though full-scale production and milestone-dependent orders remain key risks.
2 June 2026
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Micron Clears $1,000 Mark as Wall Street Moves

Micron Clears $1,000 Mark as Wall Street Moves

Micron surged above $1,000 to a $1.18 trillion market cap as Raymond James, D.A. Davidson, and UBS hiked price targets—citing booming AI-driven demand for high-bandwidth memory, tight supply, and sold-out 2026 HBM inventory ahead of fiscal Q3 earnings on June 24.
2 June 2026
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MLI Plans Stock Split for July 1 After Earnings Rise

MLI Plans Stock Split for July 1 After Earnings Rise

Mueller Industries will split its stock two-for-one at June’s end, doubling outstanding shares to about 221.1 million after a strong quarter. Split-adjusted trading is set for July 1, pending NYSE and shareholder approval. Shares ended down 1.8% at $126.31. Q1 net sales rose to $1.19 billion, net income hit $239 million. Mueller holds $1.38 billion cash, no debt, and will pay a 35-cent dividend June 19.
2 June 2026
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TSMC’s AI Shares Jump but Market Value Raises a Red Flag

TSMC’s AI Shares Jump but Market Value Raises a Red Flag

TSMC surged 1.06% to a record NT$2,380 in Taipei, driving Taiex to an all-time high. AI demand and Nvidia ties fueled gains, but GuruFocus flagged TSMC as 43.1% overvalued versus its GF Value model. April revenue jumped 17.5% year-on-year; Q1 revenue hit $35.9B with a bullish outlook. CEO C.C. Wei cited “extremely robust” AI demand and raised guidance. Political stability remains a risk factor.
2 June 2026
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Credo Stock Drops After AI Rally Slams Into Post-Earnings Wall

Credo Stock Drops After AI Rally Slams Into Post-Earnings Wall

Credo shares plunged 11.7% after hours to $199.55 despite beating Q4 estimates with $437M revenue, up 157%, and $1.16 EPS. Next quarter’s outlook missed high expectations, with revenue seen at $465M–$475M and margins at 67%–69%. Management flagged growing optical product sales for 2027. Customer concentration, tariffs, and supply chains remain risks. Analyst targets rose, but investors focused on margins and guidance.
2 June 2026
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US stocks notch new highs with AI trade still in focus

Wall Street Futures Ease as HPE AI Trade Grabs Attention

HPE soared nearly 29% premarket after hiking its 2026 revenue-growth target and networking outlook, fueled by AI server demand. Dow futures fell 143 points, S&P 500 slipped 0.13%, Nasdaq 100 dipped 0.11%. Alphabet shares dropped 2% after announcing an $80 billion equity raise. Nvidia jumped 6.3% on new AI chip news. Oil slid over 1% as Trump signaled Iran talks continue. JOLTS job openings data due at 10 a.m. ET.
2 June 2026
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Stock Market Today

  • Rich Paul Reveals How He and Adele Met on Glass Half Full Podcast
    June 9, 2026, 7:58 PM EDT. Rich Paul, a prominent sports agent, opened up about how he met British singer Adele during a recent episode of the Glass Half Full podcast. This marks one of the few public insights into their relationship. Paul's discussion provides fans a rare glimpse into the beginnings of their connection, highlighting a personal side to the high-profile couple. Both Paul and Adele maintain privacy about their private lives, making this revelation notable.

Latest articles

Keel Slides After $458 Million AI Data-Center Debt Deal Launch

Keel Slides After $458 Million AI Data-Center Debt Deal Launch

10 June 2026
Keel Infrastructure shares plunged 4.24% to $5.42 after closing a $458 million convertible debt sale, reviving investor fears of future dilution even as the company boosts funding for AI-focused data-center projects; shares slipped further to $5.32 after hours on more than double average volume, reflecting concerns over execution risks and the impact of new financing.
Super Micro sinks after $7B AI server plan; dilution a risk

Super Micro sinks after $7B AI server plan; dilution a risk

10 June 2026
Super Micro Computer plans to raise $7 billion through equity and equity-linked financing to fund soaring AI server orders, sending shares down about 9% in after-hours trading as investors focused on dilution risk; the company reported $39 billion in recent AI server orders, but noted these are not firm commitments and cited ongoing legal and regulatory risks.
American Airlines Stock Rises on Google Fuel Deal, Market Watches for Fuel Shock

American Airlines Stock Rises on Google Fuel Deal, Market Watches for Fuel Shock

10 June 2026
American Airlines surged to $14.09, up 48.5 cents, after announcing a three-year sustainable aviation fuel deal with Google covering 35 million gallons, as investors focused on surging fuel costs that jumped 78% in April to $6.5 billion; the stock rose in line with airline peers amid a drop in crude prices, while American’s 2026 outlook remains pressured by higher fuel expenses and a narrowed profit forecast.
Nokia Drops 7% After Nvidia 6G Chatter Hits AI Stocks

Nokia Drops 7% After Nvidia 6G Chatter Hits AI Stocks

10 June 2026
Nokia shares plunged 6.99% to 11.970 euros in Helsinki after reports of Nvidia’s push into future mobile-network tech raised fears over Nokia’s AI-driven growth story, with investors questioning whether Nokia can maintain its edge as competition intensifies and its forward P/E more than doubles this year.
Social Security Risks 22% Cuts by 2032—Timing Moves Up

Social Security Risks 22% Cuts by 2032—Timing Moves Up

10 June 2026
Social Security’s retirement and survivor fund will run out of reserves in late 2032, forcing a 22% cut to benefits unless Congress acts, as lower fertility, weaker immigration, and reduced tax revenue from Trump’s 2025 law worsen the outlook, trustees warned Tuesday.
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