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Technology 11 June 2026 - 12 June 2026

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.
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.
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Stock Market Today

  • SpaceX Soars in Nasdaq Debut Amid High Investor Demand
    June 12, 2026, 1:16 PM EDT. SpaceX made a successful debut on the Nasdaq, marking a significant milestone for the aerospace sector. Shares soared on the first day of trading, reflecting strong investor confidence and excitement around the company's future prospects. The listing added fresh momentum to the market, highlighting SpaceX's position in the commercial space industry. This move also underlines the continued appetite for innovative technology and aerospace stocks, as SpaceX joins other high-profile firms in the public market.

Latest articles

Tesla Draws Attention as Traders Raise SpaceX Merger Bets on Record IPO

Tesla Draws Attention as Traders Raise SpaceX Merger Bets on Record IPO

12 June 2026
Kalshi traders now price a 54% chance Tesla and SpaceX will merge before May 2027 after SpaceX’s record $75 billion IPO, but Tesla’s high valuation and uncertain merger terms mean shares could rise if a value-boosting deal or strong Q2 deliveries materialize—or fall if expectations disappoint, as Tesla trades at 364 times earnings and SpaceX’s IPO valuation far exceeds some analyst estimates.
Iran War Oil Prices Drop Below $90 as Peace Deal Hopes Shake Energy Stocks

Iran War Oil Prices Drop Below $90 as Peace Deal Hopes Shake Energy Stocks

12 June 2026
Brent crude plunged 3.7% to $87.04 and WTI dropped 3.55% to $84.60 after reports the U.S. and Iran are close to a deal to halt the war, pulling war premium from oil; energy stocks rose as investors weighed lower prices against tight supply, with Exxon up 1.1% and Chevron up 1.2%, but future moves hinge on whether a deal is signed and oil flows through the Strait of Hormuz recover.
SpaceX Surges Post-IPO as SPCX Hits Nasdaq 100, Price and Valuation Move

SpaceX Surges Post-IPO as SPCX Hits Nasdaq 100, Price and Valuation Move

12 June 2026
SpaceX soared 24% above its $135 IPO price to $167.83 in its Nasdaq debut, valuing the company at about $2.2 trillion; the next major catalyst is expected fast-track inclusion in the Nasdaq 100, which could drive further demand from index funds, but current financials show losses and heavy AI spending after the xAI merger. (Reuters)
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