Today: 12 June 2026
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Technology 11 June 2026 - 12 June 2026

Aurora Picks Up Bullish Rating; Traders Focus on Monday Open

Aurora Innovation Shares Tick Up; Uber Stake Overhang, Driverless Truck Launch Eyed

Uber’s June 2 sale of 67.5 million Aurora Innovation shares at $7.10 each leaves a 15.6% stake and weighs on AUR’s price, as investors await proof of progress on second-generation hardware and a 200+ driverless truck rollout this year; Aurora traded at $6.04, up 1.09%, with Q1 revenue at $1 million and a $223 million net loss.
12 June 2026
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Micron Stock Nears $1,000 Again as AI Memory Rally Faces June 24 Test

Micron Stock Nears $1,000 Again as AI Memory Rally Faces June 24 Test

Micron soared 11.66% to $995.87 after a sharp pullback, as investors weigh booming AI-driven memory demand against concerns the stock already prices in a near-perfect upcycle; all eyes are on the June 24 earnings call, with analysts forecasting Q3 EPS of $19.46 on $34.07B revenue and debating whether supply constraints can sustain elevated earnings and justify Micron’s $1.14T valuation.
12 June 2026
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Intel Shares Face Early Test After Google-Driven Spike

Intel Shares Surge 9% After BofA Double Upgrade on AI Chip Momentum

Intel soared 9.27% to $116.96 after Bank of America upgraded the stock to Buy from Underperform and hiked its price target to $135, citing higher confidence in Intel’s AI and foundry prospects and a sharply increased server CPU market estimate; the rally followed reports Google ordered over 3 million chips from Intel and came amid a 7.9% surge in the PHLX Semiconductor Index.
12 June 2026
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Nvidia, Broadcom, Applied Materials, Intel, Oracle lead AI infrastructure stocks

Nvidia, Broadcom, Applied Materials, Intel, Oracle lead AI infrastructure stocks

Nvidia tops the new AI infrastructure buy list as it expands beyond chips, joining a $10 billion Helix Digital Infrastructure launch; Broadcom surges with a $35 billion AI XPV Platform, Applied Materials wins analyst upgrades after Singapore expansion, Intel gets a BofA upgrade on AI CPU demand, while Oracle faces funding risks after a sharp post-earnings selloff despite record cloud growth. (Reuters)
11 June 2026
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Stock Market Today

  • SpaceX IPO Soars 19% in Record $75 Billion Nasdaq Debut, Retail Investors Reengage
    June 12, 2026, 5:15 PM EDT. SpaceX's historic $75 billion IPO on Nasdaq sparked a 19% surge on debut, marking the largest U.S. IPO to date and pushing its valuation to roughly $2.1 trillion. The offering granted retail investors unprecedented access, obtaining about 20% of shares, rekindling interest in IPO participation. Despite the excitement, analysts caution on SpaceX's lofty price-to-revenue multiple-far surpassing traditional megacaps-with some firms rating it a sell. The firm plans to channel proceeds into satellite internet and space projects. Fidelity highlights IPO risks including restricted share availability and complex voting structures. The debut underscores the blend of opportunity and risk inherent in hot IPOs, drawing attention back to steps investors should take to navigate initial public offerings prudently.

Latest articles

West Marine to Shut 59 Stores Amid Bankruptcy; Execs Got Bonuses

West Marine to Shut 59 Stores Amid Bankruptcy; Execs Got Bonuses

12 June 2026
West Marine is closing 59 stores in 23 states and paid $1.075 million in executive retention bonuses just 16 days before filing for Chapter 11 bankruptcy, as court filings reveal the retailer owes over $65 million to top vendors and liquidation sales are underway through September.
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