Today: 17 June 2026
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Technology 16 June 2026 - 17 June 2026

Nokia Oyj gains with AI network bets in focus

Nokia Oyj gains with AI network bets in focus

Nokia rose 1.17% to €12.15 in Helsinki after unveiling a major U.S. photonic-chip packaging expansion and a Southeast Asia subsea cable upgrade, both aimed at boosting AI and cloud capacity; investors are weighing execution risks as strong optical demand faces supply chain, spending, and competition challenges, with share moves reflecting early optimism but not yet a verdict on long-term margin gains.
17 June 2026
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ARK ramps up SpaceX buys as Musk-led stocks keep rallying

ARK ramps up SpaceX buys as Musk-led stocks keep rallying

ARK Invest snapped up nearly 3.3 million SpaceX shares—over $500 million—after its record IPO, funding the bet by selling Tesla, AMD, Robinhood, and Teradyne; SpaceX surged to $225.38 intraday and closed at $201.98, as the company announced a $60 billion Cursor AI deal and posted a $4.94 billion 2025 net loss on $18.67 billion revenue, trading at a high price-to-revenue multiple.
16 June 2026
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Micron Drops From Highs With AI Tailwind Facing Earnings Bar

Micron Drops From Highs With AI Tailwind Facing Earnings Bar

Micron Technology shares fell 3.6% to $1,048.87 after a record high, as investors took profits in the hot AI memory trade ahead of the June 24 earnings call, where results will test whether booming AI-driven memory demand can justify the stock’s 800% run and high valuation, with analysts warning that any disappointment could hit both earnings expectations and the stock’s multiple.
16 June 2026
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Marvell Stock Rises as AI Momentum, Analyst Target Hike and S&P 500 Entry Lift MRVL

Marvell Stock Rises as AI Momentum, Analyst Target Hike and S&P 500 Entry Lift MRVL

Marvell surged 10.43% to $308.88 after GF Securities raised its price target to $350, fueled by AI infrastructure demand, record Q1 revenue, and upcoming S&P 500 inclusion on June 22, but the stock now trades well above the average analyst target of $235.70 and holds a P/E over 100, highlighting high expectations and risk if growth falters.
16 June 2026
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Joby Aviation Stock Rises as Air Taxi Demand Data Gives Bulls a Fresh Lift

Joby Aviation Stock Rises as Air Taxi Demand Data Gives Bulls a Fresh Lift

Joby Aviation jumped about 7% to $9.67 after new consumer survey data showed 79% interest in flying taxis and half of respondents aware of eVTOLs, with investors eyeing FAA certification, pilot programs, and Dubai service as key catalysts; a fresh Form 144 filing signals potential insider selling risk as the stock remains sensitive to certification and adoption milestones.
16 June 2026
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Ondas Up After Resale Test Update

Ondas Up After Resale Test Update

Ondas registered 6,070,948 shares for resale tied to recent acquisitions, adding supply overhang as ONDS closed up 1.93% at $9.51; investors now await Q2 results to see if over $110 million in new orders convert to revenue without worsening cash-burn, a key catalyst for the volatile defense-drone stock’s next move.
16 June 2026
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Stock Market Today

  • Stocks Indexes Slip as Chipmakers and Energy Sector Weigh; Dow Hits Record High
    June 17, 2026, 5:11 AM EDT. Stock indexes closed mixed Tuesday with the S&P 500 down 0.57%, Nasdaq 100 off 1.89%, and Dow Jones Industrial Average rising 0.64% to a new all-time high. Chipmakers declined, dragging tech-heavy Nasdaq lower. Energy shares tumbled on a 5% drop in crude oil prices after the US-Iran deal to reopen the Strait of Hormuz, easing supply concerns. U.S. May housing starts fell sharply, hitting a six-year low and raising concerns over the real estate sector. The 10-year Treasury yield fell 5 basis points to 4.42%. Markets now eye the Federal Reserve's two-day meeting under new Chair Kevin Warsh, expecting no rate changes but watchful for forward guidance. Overseas indexes traded mixed, with the Euro Stoxx 50 up 0.45%, China's Shanghai Composite down 0.11%, and Japan's Nikkei reaching a record high.

Latest articles

Nvidia stock dips as $25 billion bond sale spikes AI debt market

Nvidia stock dips as $25 billion bond sale spikes AI debt market

17 June 2026
Nvidia sank 2.37% to $207.41 after upsizing its first bond sale in five years to $25 billion amid $85 billion in demand, shifting investor focus from AI chip growth to rising funding needs; the drop followed a broader chip and tech selloff, with Nvidia’s prospectus warning that debt service could impact cash flow and financial flexibility.
Our Bond shares edge lower after sharp rally on debt swap, city license updates

Our Bond shares edge lower after sharp rally on debt swap, city license updates

17 June 2026
Our Bond Inc. shares fell 8.1% to $1.02 premarket after a 108.5% surge, as investors digested a $3.3 million debt-for-preferred-equity swap at a $2.0265 conversion price—over 200% above recent levels—and a municipality-funded license deal covering 270,000 residents, with CEO Doron Kempel set to address investors at 11:00 a.m. ET.
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