Today: 29 June 2026
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Technology 28 June 2026 - 29 June 2026

Super Micro Taiwan raid wipes $1.4 billion off SMCI on $22 million hardware confiscation

Super Micro Taiwan raid wipes $1.4 billion off SMCI on $22 million hardware confiscation

TAIPEI, June 30, 2026, 04:04 Taiwanese prosecutors are expanding their AI server smuggling investigation beyond three traders to include the hardware supply chain tied to Super Micro Computer Inc. That puts a sharper focus on how much of a risk premium investors should put on a fast-growing AI server name if its gear keeps getting flagged in export-control cases.
29 June 2026
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Corning beats Wall Street as AI fiber pricing shifts

Corning beats Wall Street as AI fiber pricing shifts

Corning Incorporated surged 15.2% to $254.54 as of 2:48 p.m. EDT Monday, tacking on around $29 billion in market cap since Friday’s close. The stock outperformed the SPDR S&P 500 ETF Trust and Invesco QQQ Trust Series 1. GLW’s jump wasn’t just about magnitude. The stock traded above all 12-month analyst targets tracked by Google Finance, despite that data showing seven Buys, four Holds and zero Sells. The top price target sat at $228.00, with an average of $205.10.
29 June 2026
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Grab (NASDAQ:GRAB) shares edge higher with Indonesia fee cut in focus

Grab (NASDAQ:GRAB) shares edge higher with Indonesia fee cut in focus

Grab Holdings Limited traded higher late Monday in New York. Buyers stepped in ahead of a July 1 change to commission rules in Indonesia. The adjustment trims fee revenue, but analysts said the impact may be less severe for the entire company than the headline rate. Shares rose 3.8% to $3.685 at 18:48 UTC, putting the company’s market cap near $14.57 billion. The stock outperformed Uber Technologies Inc, which dropped 2.2%. DoorDash Inc and Sea Ltd also gained but not as much at that point.
29 June 2026
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Ouster surges with rally ahead of short-interest update

Ouster surges with rally ahead of short-interest update

Ouster traded sharply higher as buyers piled in even before the latest short-interest numbers landed. The move comes as the rally pushed through earlier resistance. Ouster, Inc. gained $10.25 to $52.27 Monday afternoon, giving the lidar company a market cap of around $3.23 billion. Shares moved between $43.50 and $53.17. Volume for the session was 7.71 million, according to the latest finance feed update.
29 June 2026
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UiPath (NYSE:PATH) moves higher, faces stepped-up ARR hurdle for H2

UiPath (NYSE:PATH) moves higher, faces stepped-up ARR hurdle for H2

UiPath, Inc. shares traded higher Monday, but investors looking past the uptick might notice the company still sits below where it bought back stock in Q1. Its annual recurring revenue forecast will put more pressure on results for the second half. The New York Stock Exchange traded a normal session. NYSE says U.S. cash equities run from 9:30 a.m. to 4 p.m. Eastern. The next listed holiday is July 3, 2026, for Independence Day observed.
29 June 2026
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Uber (NYSE:UBER) gains $8 billion after robotaxi push

Uber (NYSE:UBER) gains $8 billion after robotaxi push

Uber Technologies picked up nearly $8 billion in market value in one session after a move tied to its new autonomy unit, but the company still hasn’t reported revenue from that business. Uber last traded at $75.69, off 0.7% Monday. Market cap landed at $156.8 billion. This is important for investors since the $8 billion gain tops several months of Uber’s cash generation. It’s 3.5 times Uber’s $2.286 billion free cash flow in Q1 and 2.9 times the $2.75 billion midpoint for Q2 adjusted EBITDA that the company guided.
29 June 2026
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NNBR pops as NVIDIA cooling deals stir up float

NNBR pops as NVIDIA cooling deals stir up float

NN, Inc. jumped 39.47% to $3.8493 by 10:06 a.m. EDT Monday. The company said it won new liquid-cooling orders heading into NVIDIA Corporation AI data center racks. Nearly 56.3 million shares had changed hands, far above the 65-day average of 1.0 million, with less than 40 minutes of trading in. Trading volume tells the story better than price here. According to MarketWatch, NN’s public float stands at 46.5 million shares, with 2.09 million shares sold short as of June 15. That means morning turnover hit about 121% of the float. In comparison, the listed short interest made up just 3.7% of the volume traded by 10:06 a.m.
29 June 2026
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Surf Air Mobility (NYSE:SRFM) rises after Palantir (NASDAQ:PLTR) agreement raises dilution talk

Surf Air Mobility (NYSE:SRFM) rises after Palantir (NASDAQ:PLTR) agreement raises dilution talk

Surf Air Mobility Inc. jumped 17.5% to $1.06 on Monday. The move came after Palantir Technologies Inc. said it will give more technical and commercial support to SurfOS, the aviation software from Surf Air. Shares touched $1.405, with volume at 69.2 million near 10:09 a.m. EDT. The headline move isn’t the real story. It’s the turnover. On Monday, trading volume ran at 62.3% of Surf Air’s total 110.99 million shares after its offering, and that was 14.5 times bigger than the 4.76 million shares Palantir registered last week. Traders are already shifting how they value the software deal, some of it paid in stock.
29 June 2026
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Intel (NASDAQ:INTC) falls behind as chipmakers rebound and foundry plans edge closer to 14A deadline

Intel (NASDAQ:INTC) falls behind as chipmakers rebound and foundry plans edge closer to 14A deadline

Intel Corporation moved up slightly premarket Monday, lagging the chip sector. The stock has already priced in a rebound, so traders want to see results. Intel traded 0.51% higher at $128.97 as of 8:43 a.m. EDT, rebounding after dropping 3.42% on Friday, according to MarketWatch. The iShares Semiconductor ETF moved up 1.34%. Taiwan Semiconductor Manufacturing Co Ltd ADR added 1.26%, Nvidia climbed 0.96%, and Advanced Micro Devices was up 0.90% ahead of the bell.
29 June 2026
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AST SpaceMobile spike faces 62 million shares sold short

AST SpaceMobile spike faces 62 million shares sold short

AST SpaceMobile, Inc. traded higher in premarket action Monday, though the short side looked more crowded. MarketWatch’s delayed quote at 7:01 a.m. EDT showed 461,440 shares traded before the bell. Short interest was reported at 62.49 million shares as of June 15, or 24.09% of public float, according to the same MarketWatch page. MarketWatch’s tape had it set up like this:
29 June 2026
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Amazon (AMZN): Prime Day orders drop, AWS margin strength in focus as stock tests rally

Amazon (AMZN): Prime Day orders drop, AWS margin strength in focus as stock tests rally

Amazon.com, Inc. traded up 0.9% at $234.69 in premarket action as of 5:00 a.m. EDT Monday, adding to a 2.5% jump from Friday. Shares ended Friday at $232.69, with volume at 248.37 million, nearly five times the 65-day average, according to Wall Street Journal data. Monday is a normal trading day for U.S. equities. The Nasdaq holiday calendar shows the next full market holiday is set for July 3, when markets shut for the Independence Day observance.
29 June 2026
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Samsung, SK Hynix chip plan has investors looking beyond $1.3 trillion headline

Samsung, SK Hynix chip plan has investors looking beyond $1.3 trillion headline

South Korea put a number on its AI-chip plan: 800 trillion won from Samsung Electronics Co, SK Hynix Inc and suppliers to build four new fab sites in the southwest. That’s still a big wager, but well below the $1.3 trillion headline that moved memory shares ahead of the announcement. The figure is also less than the earlier 2,000 trillion won group total floated before Monday’s presidential briefing. The gap matters since shareholders pay for capacity with cash, not just headlines. The fab pledge is where memory supply, equipment orders and later depreciation show up. The larger numbers include data centers, physical AI projects and plans from conglomerates that might fall outside listed memory or could run through the next chip cycle.
29 June 2026
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IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

IREN Limited heads into Monday after five down days in a row. The last trade Friday came in at $47.21 with 50.93 million shares changing hands, the week’s biggest volume. Before Juneteenth, IREN closed at $59.96. That’s a 21.3% drop. Brand spend, not fresh compute sales, led headlines. Golden State and IREN said they’d struck a multi-year partnership, with IREN’s logo set to appear on Warriors jerseys beginning in the 2026-27 season. Fox Business, citing Sportico, put the deal’s value at over $50 million per year, calling it the largest sponsorship deal in North American sports.
29 June 2026
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AMD stock trades short week over Street average after chip selloff

AMD stock trades short week over Street average after chip selloff

Advanced Micro Devices, Inc. kicks off a short U.S. trading week still sitting above the average Wall Street price target. That’s even after a sharp fall on Friday that came with big volume. Trading was closed Sunday in New York. Nasdaq says regular stock hours run 9:30 a.m. to 4 p.m. ET on weekdays. Markets are set to be closed on July 3 for the Independence Day holiday.
28 June 2026
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Palantir (NASDAQ:PLTR) jumps but Army contract offers no dollar terms, $40B weekly drop hangs over move

Palantir (NASDAQ:PLTR) jumps but Army contract offers no dollar terms, $40B weekly drop hangs over move

Palantir Technologies Inc. was closed Sunday, but Friday’s 5.28% rebound to $112.93 puts the spotlight back on valuation. The market’s question now is whether its defense software can justify a price near 38 times its 2026 revenue target. Shares are still off 12.1% since the June 18 close. The gap tells the story. With 2.571 billion diluted shares from Palantir's Q1 EPS, the move from $128.47 on June 18 to $112.93 Friday wiped out roughly $40 billion in equity value. After closing at $107.27 Thursday, Friday's bounce put back about $14.6 billion.
28 June 2026
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IonQ shares slip 15%, but quantum premium holds ahead of short U.S. trading week

IonQ shares slip 15%, but quantum premium holds ahead of short U.S. trading week

IonQ Inc closed Friday at $49.31, falling 2.47%, with 67.76 million shares traded. Volume reached 215% of the 65-day average and topped the 50.49 million shares sold short as of June 15. The stock dropped 15.45% in five sessions but remained up 85.45% over three months. This is notable because the drop did not make IonQ look cheap based on current sales. Shares last traded at a market cap of about $18.3 billion, roughly 69 times the $265 million midpoint of its 2026 revenue forecast, and about 39 times its $470 million in remaining performance obligations.
28 June 2026
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BlackBerry shares surge by $1.6 billion on QNX value, government business cools

BlackBerry shares surge by $1.6 billion on QNX value, government business cools

BlackBerry Limited heads into the holiday-shortened week holding its highest level in more than four years, but the stock’s gains are about more than just “QNX and AI.” Markets in Toronto are closed Sunday, and the U.S. price last crossed at $11.40 late Friday. Shares finished the session Friday at $11.40, up 10.25%, after hitting a 52-week high of $11.49. Nearly 57.81 million shares traded, close to twice the 65-day average. The stock last traded at $11.43 after hours.
28 June 2026
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US stocks look to jobs data as traders shift from AI tech

US stocks look to jobs data as traders shift from AI tech

U.S. cash stock markets are closed Sunday. Wall Street heads into the new week with just four trading days, and the most crowded trade is still the weakest spot: AI tech. The S&P 500 closed Friday at 7,353.95, slipping 0.05%. The Nasdaq dropped 0.24% to 25,297.62, and the Dow was off 0.09% at 51,876.11. S&P 500 dropped 2% this week, led by tech, according to NYSE strategists Eric Criscuolo and Michael P. Reinking. But they pointed to stronger “underlying metrics”: the equal-weight S&P 500 added 1.5%, the S&P 600 gained over 3%, and most sectors—seven out of 11—were up.
28 June 2026
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Micron (NASDAQ:MU) looks to big memory contracts as stock moves into new week

Micron (NASDAQ:MU) looks to big memory contracts as stock moves into new week

Micron Technology, Inc. heads into the new week with investors trying to figure out how much of its earnings are already priced in. Shares dropped 6.69% to $1,132.33 at Friday’s close, the latest U.S. cash-market price since June 28 lands on a Sunday. Volume was heavy, with 86.41 million shares traded—about 1.6 times Micron's average. Investors looking for a clean read aren’t focusing on last quarter’s revenue. The number to watch is the gap between Micron’s market cap—about $1.28 trillion at Friday’s close—and its $100 billion or so in remaining performance obligations from key customer deals. Those contracted revenues amount to just 7.7% of its equity value. As of Friday, Micron also traded at roughly 9.1 times fiscal Q4 EPS guidance on an annualized basis, based on its $31 midpoint.
28 June 2026
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Stock Market Today

  • BlackRock (BLK) Hits Oversold Level as RSI Drops to 29.3
    June 29, 2026, 4:48 PM EDT. BlackRock Inc (BLK) slipped into oversold territory with an RSI reading of 29.3, just under the usual 30 threshold that signals possible undervaluation. The stock traded as low as $947.21. Despite the slide, BLK still sits in the top 25% on DividendRank's formula for fundamentals and valuation. BlackRock pays a 2.38% annual dividend yield, based on a $964.71 share price and $22.92 annualized dividend. Some dividend-focused investors may see this dip and selling pressure as a potential entry point.
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