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Technology 11 June 2026 - 12 June 2026

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.
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)
VOYG jumps after BTIG buy call, SpaceX IPO talk heats up

VOYG jumps after BTIG buy call, SpaceX IPO talk heats up

Voyager Technologies soared 17% to $48.26 after BTIG initiated coverage with a Buy rating and $55 price target, fueling a rally amid surging investor interest in space and defense stocks ahead of SpaceX’s IPO; VOYG’s gains outpaced the broader market as analysts cited its acquisition-driven growth and rising backlog, while the stock traded above consensus targets and below its 52-week high.
Ondas Stock Moves Up as LADOS Defense Platform and Share Resale Filing Get Interest

Ondas Stock Moves Up as LADOS Defense Platform and Share Resale Filing Get Interest

Ondas Inc. jumped 1.5% to $9.45 after announcing it will launch its LADOS defense command-and-control system at Eurosatory 2026, as investors weighed this catalyst against a recent SEC filing registering the resale of 2.7 million shares tied to the Omnisys acquisition; Q1 revenue surged to $50.1 million, but adjusted EBITDA loss was $10.9 million, with losses expected to peak in Q2.
D-Wave Tumbles 50%: QBTS Investors Confront Valuation

D-Wave Tumbles 50%: QBTS Investors Confront Valuation

D-Wave Quantum shares plunged nearly 9% to $23.25—half their 52-week high—as investors question whether soaring bookings, up 1,994% to $33.4 million, can offset an 81% revenue drop and a $8.84 billion market cap against $12.4 million in trailing revenue; B. Riley raised its price target to $40, but the stock remains volatile amid sector-wide profit-taking and doubts over commercial adoption.
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Stock Market Today

  • Flutter Entertainment to Delist from London Stock Exchange
    June 12, 2026, 5:08 AM EDT. Flutter Entertainment has decided to delist its shares from the London Stock Exchange, maintaining the New York Stock Exchange as its sole primary trading venue. The move, expected to take effect on August 3, follows Flutter's May 2024 shift of its primary listing and headquarters to New York. CEO Peter Jackson highlighted the significance of the U.S. market for the company's online betting operations, including brands like FanDuel and Paddy Power. The delisting aims to reduce costs and address low trading volumes on the London exchange. Shares dipped slightly in early London trading after the announcement.

Latest articles

Sam’s Club Gas Station Shutting Temporarily For Repairs in Santa Clarita

Sam’s Club Gas Station Shutting Temporarily For Repairs in Santa Clarita

12 June 2026
Sam’s Club will close its Santa Clarita fuel station for renovations from June 15 to Sept. 18, adding more pumps, but the main warehouse store remains open; the closure coincides with peak summer driving season, potentially impacting local fuel sales but not affecting overall store operations, according to company and local reports.
Adobe Tumbles After CFO Departs, Even as Q2 Hits Records and AI Adds Growth

Adobe Tumbles After CFO Departs, Even as Q2 Hits Records and AI Adds Growth

12 June 2026
Adobe plunged 6.25% to $218.80 and slid further to $208.17 premarket after record Q2 results beat estimates, as investors fixated on CFO Dan Durn’s June 15 exit and uncertainty over AI monetization, despite raised full-year guidance; shares neared a 52-week low and have dropped over 37% this year amid leadership turnover and AI competition concerns.
SpaceX lands $75 billion IPO at $135 a share

SpaceX lands $75 billion IPO at $135 a share

12 June 2026
SpaceX raised $75 billion in the world’s largest IPO, pricing 555,555,555 Class A shares at $135 each for a $1.77 trillion valuation; SPCX begins trading Friday on Nasdaq, with the first trade set to reveal if public investors accept the IPO price amid analyst targets up to $190 and concerns over current losses and index inclusion delays.
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