Today: 25 June 2026
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Technology 24 June 2026 - 25 June 2026

Oracle (NYSE:ORCL) stock slips as AI spending outpaces cloud infra sales

Oracle (NYSE:ORCL) stock slips as AI spending outpaces cloud infra sales

Oracle plunged 4.62% to $157.53 after its annual report revealed fiscal 2026 capital expenditures soared to $55.7 billion—over three times cloud-infrastructure revenue—while free cash flow was negative $23.7 billion and restructuring costs surged, highlighting intensifying funding pressures despite a massive $638 billion backlog.
25 June 2026
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Qualcomm move tests Street targets after $15B AI data center outlook

Qualcomm move tests Street targets after $15B AI data center outlook

Qualcomm shares soared over 12% after hours as the company set a $15 billion fiscal 2029 data-center revenue target and $40 billion non-handset chip goal, doubling prior forecasts; the surge followed a regular-session close just below analyst targets and came after news that Microsoft and Meta will use Qualcomm’s new AI chips, with Meta’s next-gen servers powered by its CPU starting in late 2028.
24 June 2026
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FuelCell Energy spikes premarket on Fit Energy power agreement

FuelCell Energy spikes premarket on Fit Energy power agreement

FuelCell Energy shares jumped 16% premarket after announcing a strategic deal to supply Fit Energy with up to 380 MW of on-site power for data centers, with an initial 30 MW phase beginning this year and later phases optional; warrants for up to 12 million shares at $26.44 are tied to project deposits, and the company cautioned that most capacity is not yet secured and results may differ due to execution and financing risks.
24 June 2026
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Nokia (HEL:NOKIA) trades higher on AI network automation push, outpaces Helsinki index

Nokia (HEL:NOKIA) trades higher on AI network automation push, outpaces Helsinki index

Nokia shares jumped up to 3.6% in Helsinki after unveiling a series of AI-powered autonomous network releases with Google Cloud, AWS, and Databricks, driving automation rates above 90% and productivity gains of 60–80%, but investors await July 23 results for confirmation as new launches focus on future deployments, not immediate contract revenue.
24 June 2026
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Stock Market Updates

Micron, Qualcomm lift chip stocks after hours as Nasdaq slips

Micron, Qualcomm lift chip stocks after hours as Nasdaq slips

25 June 2026
Micron soared 16.34% after hours as customers locked in nearly $100 billion in future supply obligations—about 2.4 times its latest quarterly revenue—fueling a $400 billion surge in chip stocks and reversing the tech selloff that erased over $1 trillion from the Nasdaq 100 this week.
Western Digital falls after AI-storage rally, investors look to Micron

Western Digital falls after AI-storage rally, investors look to Micron

25 June 2026
Western Digital (NASDAQ:WDC) shares dropped about 4% after a multi-week rally fueled by AI storage demand, as investors awaited Micron Technology’s earnings for new signals on enterprise storage spending; analysts cite a persistent hard-disk supply deficit that could support pricing into 2027, with Morgan Stanley raising its price target to $650.
BlackBerry falls with volume outpacing buyback plan ahead of earnings

BlackBerry falls with volume outpacing buyback plan ahead of earnings

25 June 2026
BlackBerry closed down 2.3% at $8.62 despite Stifel initiating coverage with a Buy and $12 target—39% above the close—while trading volume of 38.3 million shares far exceeded its entire buyback authorization, highlighting investor focus ahead of Thursday’s Q1 results and underscoring the limited impact of BlackBerry’s capital return plan.
Opendoor slides after landing in Russell 3000, liquidity and dilution concerns follow

Opendoor edges up before Russell 3000 move, soft housing numbers weigh

25 June 2026
Santos shares closed down 0.96% at A$7.24 after Brent crude slumped US$3.34 to US$73.74, cutting potential annual gross sales from its new Pikka project by about US$50 million at plateau rates; Pikka’s ramp to 80,000 barrels per day is key, as oil price swings now have a direct impact on Santos’ production-linked revenue and its US$2.5 billion net debt reduction target.
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