Today: 20 June 2026
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Technology 19 June 2026 - 20 June 2026

Sandisk shares closed at $2,184.75 after an 11.54% gain, with the Nasdaq up 2.43% for the holiday-shortened week, supported by a 7% rise in the Philadelphia semiconductor index. Astera Labs ended at $417.07, up 11.31%, and gained about 13.6% for the week; it will be added to the Nasdaq-100 before Monday’s open, with AI infrastructure demand cited as a factor. Vertiv shares rose 4.87% to $333.05, up nearly 10% for the week, amid ongoing demand for AI data-center cooling. Keel’s shares climbed 12.33% on the TSX and 5.36% on the Nasdaq, after raising $458 million in convertible notes to boost funding for its U.S. expansion. TSMC’s U.S. shares surged 6.9% to $462.12, up 9% for the week, while Nvidia added 2.7% and the PHLX Semiconductor Index rose 7.3%. Microsoft fell 2.9% for the week, trailing the S&P 500 and Nasdaq, with investors awaiting Micron’s earnings and new U.S. inflation data. Shopify’s Toronto shares dropped 1.1% and its Nasdaq shares were little changed after a midweek slump, as the company rolled out new AI features and expanded its fulfillment network. Micron closed at $1,133.99, up 8.7% and 15.5% for the week, with investors awaiting its upcoming earnings. Snap declined for a third straight session, closing at $4.66. NuScale Power rose 13.54% to $11.74, as Paragon neared completion of reactor protection system design, though NuScale reported just $565,000 in first-quarter revenue and faces development risk. Amazon gained 2.4% for the week, with Prime Day and earnings ahead. Ondas rose 1.64% to $9.27 after announcing a $125 million acquisition of Cyberhawk. Kioxia gained 12.07% in Tokyo, contributing to a strong Nikkei week. ASML shares slipped 0.6% after stating it did not ship EUV machines or parts to China, responding to U.S. concerns. Marvell rose 7.27% to $310.58, with a target hike from KeyBanc and a photonics milestone, and will join the S&P 500. Accenture dropped 17.97% to $127.98 after reporting $18.72 billion in revenue and $19.32 billion in bookings, now 24.8% below its June 12 close. Cisco ended a four-day losing streak, rising 1.88% to $119.54. Wolfspeed jumped 17.91% to $57.41 after filing to register up to 24.07 million shares for resale by selling stockholders, with no proceeds to the company.
Astera Labs Stock Kicks Off Nasdaq-100 Debut Week at New Highs as ALAB Rally Extends Valuation

Astera Labs Stock Kicks Off Nasdaq-100 Debut Week at New Highs as ALAB Rally Extends Valuation

Astera Labs surged 13.6% in a holiday-shortened week to a record $417.07, set to join the Nasdaq-100 before Monday’s open amid strong AI infrastructure demand, but with shares far above the average analyst target of $244.97, risks include index buying fading, delayed AI orders, and tough competition, making Monday’s debut a critical test for sustained investor demand.
Vertiv sits close to its highs going into next week as AI data-center cooling trade stays in focus

Vertiv sits close to its highs going into next week as AI data-center cooling trade stays in focus

Vertiv surged nearly 10% to $333.05 over the holiday-shortened week, fueled by a GLJ Research upgrade and its completed ThermoKey acquisition, as investors bet on rising demand for AI data-center cooling; Thursday’s rally was the last print before the Juneteenth market closure, with trading set to resume under regular hours.
Keel Infrastructure trades near highs going into the week with AI-infrastructure theme in focus

Keel Infrastructure trades near highs going into the week with AI-infrastructure theme in focus

Keel shares soared to recent highs—TSX up 12.33% to C$9.93, Nasdaq up 5.36% to $6.29—after closing a $458M convertible note deal to fund its shift from bitcoin mining to AI infrastructure, but analysts’ average 12-month target of $5.29 trails the last close, highlighting risk if execution lags or costs rise as U.S. trading resumes Monday.
Microsoft slips 2.9% this holiday-shortened week as traders question cloud capacity

Microsoft slips 2.9% this holiday-shortened week as traders question cloud capacity

Microsoft shares fell 2.9% to $379.40 this week, underperforming the S&P 500 and Nasdaq as investors rewarded AI chipmakers but not major buyers like Microsoft; a reported breakdown in cloud-capacity talks with Oracle and persistent supply constraints highlight execution risks ahead of key Micron earnings and U.S. inflation data next week.
Shopify trades lower in Toronto with Nasdaq shut, focus stays on AI move and buyback

Shopify trades lower in Toronto with Nasdaq shut, focus stays on AI move and buyback

Shopify’s Toronto shares slipped 1.1% to C$152.06 as investors weighed its $5 billion buyback and new AI tools against concerns over second-quarter growth and cash flow, with U.S. shares idle for Juneteenth after a volatile week marked by a sharp midweek drop and lingering questions about the impact of AI-driven commerce on costs and demand.
Keel Infrastructure Falls as Investors Eye $400 Million AI Data-Center Spend

Keel Infrastructure trades higher in Toronto with U.S. markets closed for Juneteenth

Keel Infrastructure’s Toronto shares soared 17.19% Friday after a $458 million convertible-note sale aimed at funding AI data-center projects, with U.S. shares last up 5.36% before the Juneteenth holiday; investors are watching for lease execution at key sites as losses, dilution risk, and construction delays remain concerns.
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Stock Market Today

  • Apple Makes Up 20% of Berkshire Hathaway's $341 Billion Portfolio Amid AI Push
    June 20, 2026, 1:18 PM EDT. Berkshire Hathaway, led by Warren Buffett, holds a $341 billion public equity portfolio, with Apple Inc accounting for a significant 20% stake. Since acquiring shares in 2016, Apple's stock price has surged over 1,100%. Despite some criticism over slow AI advancements, Apple plans to launch a more powerful Siri AI assistant and introduce AI-driven features like enhanced image editing and internet browsing in 2024. The tech giant is also developing AI-enabled AirPods and smart glasses, with a foldable iPhone expected later this year. Apple's ongoing innovation ambitions aim to capitalize on the artificial intelligence boom, potentially driving future growth for Berkshire Hathaway's largest holding.

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Teradyne set to join Nasdaq-100 after shortened week rally

Teradyne set to join Nasdaq-100 after shortened week rally

20 June 2026
Teradyne surged 7.19% to $437.92 ahead of its Nasdaq-100 inclusion before Monday’s open, capping an 8.6% weekly gain driven by AI-linked test demand and index fund buying; with shares near 52-week highs and trading at 81 times earnings, the stock faces a high bar as investors weigh whether AI momentum and passive inflows can sustain further gains.
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