Today: 25 June 2026
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Technology 1 June 2026 - 2 June 2026

Why POET Technologies Stock Jumped After a $50 Million Lumilens AI Optics Order

POET Technologies Stock Rises After Pullback as AI-Optics Traders Step In

POET Technologies surged 10% to $15.24 as traders rotated back into the volatile AI-hardware stock after last week’s 17.1% drop, with the move centered on a $400 million financing deal and a $50 million Lumilens supply agreement that could reach $500 million over five years, though full-scale production and milestone-dependent orders remain key risks.
2 June 2026
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Sivers jumps 65% after GlobalFoundries deal aimed at AI data-center bottlenecks

Sivers jumps 65% after GlobalFoundries deal aimed at AI data-center bottlenecks

Sivers Semiconductors soared 65% in Stockholm after announcing its lasers will be used in GlobalFoundries’ silicon-photonics designs for AI data-center optical links. No financial terms, production timelines, or revenue forecasts disclosed. Sivers’ Q1 net sales fell 22%. Rosen Law Firm is investigating Sivers after a short report alleged accounting issues; Sivers’ OTC shares dropped 9.2% June 1.
2 June 2026
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TSMC’s AI Shares Jump but Market Value Raises a Red Flag

TSMC’s AI Shares Jump but Market Value Raises a Red Flag

TSMC surged 1.06% to a record NT$2,380 in Taipei, driving Taiex to an all-time high. AI demand and Nvidia ties fueled gains, but GuruFocus flagged TSMC as 43.1% overvalued versus its GF Value model. April revenue jumped 17.5% year-on-year; Q1 revenue hit $35.9B with a bullish outlook. CEO C.C. Wei cited “extremely robust” AI demand and raised guidance. Political stability remains a risk factor.
2 June 2026
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Archer Aviation Drops Under $7 as Focus Turns to 2026 Air-Taxi Test

Archer Aviation Drops Under $7 as Focus Turns to 2026 Air-Taxi Test

Archer Aviation last traded at $6.84, valuing the company near $5.25 billion—less than half its 52-week high. Q1 net loss widened to $217.7 million on $1.6 million revenue, with $1.78 billion in cash on hand. FAA certification for the Midnight eVTOL aircraft advanced to Phase 4. Wall Street trimmed price targets but kept positive ratings. Risks flagged include ongoing losses, high costs, and possible delays in U.S. and UAE launches.
2 June 2026
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Fluence Energy pops 44% on Nvidia news. The AI power trade sees fresh action

Fluence Energy pops 44% on Nvidia news. The AI power trade sees fresh action

Fluence Energy surged 44% to $27.15 after Siemens named it in a new AI data center power design with Nvidia and nVent. Nvidia rose 6.3%, nVent 2.8%. Fluence’s battery storage is featured for backup and grid support in Nvidia’s DSX AI centers. Q2 revenue hit $464.9 million, net loss $29.2 million, backlog $5.6 billion. Risks remain: reference designs aren’t orders, and backlog may not convert to revenue if projects stall.
2 June 2026
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Meta Shares Sink on AI Spending Plans — Street Eyes $145 Billion

Meta Shares Sink on AI Spending Plans — Street Eyes $145 Billion

Meta shares slid 5.1% to $600.47 Monday as investors questioned its $125–$145 billion AI capex plan. Alphabet’s $80 billion AI funding move sharpened focus on Big Tech spending. Bank of America urged clients to favor “capex takers” over “crowded AI spenders” like Meta. First-quarter ad revenue rose 33%, but daily active users slipped from last quarter. Legal and operational risks remain, with lawsuits and rising costs in play.
2 June 2026
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Alibaba up 6% as China tech stocks get a lift from AI trade

Alibaba up 6% as China tech stocks get a lift from AI trade

Alibaba shares jumped 6.5% in Hong Kong to HK$130.80, trading as high as HK$131.20 amid a tech rally. Investors targeted Chinese internet stocks linked to AI adoption. Quarterly revenue rose 3% but missed estimates; adjusted EBITA plunged 84% on AI and cloud spending. Cloud revenue surged 38% with AI products making up 30% of external sales. Board approved a $0.13125 per share dividend for fiscal 2026.
2 June 2026
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Marvell shares rise as new AI switch draws fresh interest from Wall Street

Marvell shares rise as new AI switch draws fresh interest from Wall Street

Marvell shares jumped nearly 7% to $219.43 after launching the Teralynx T100, a 102.4 Tbps switch chip for AI data centers. The company recently raised its long-term revenue outlook on higher AI demand and forecasts $2.7 billion in Q2 revenue. Marvell’s data-center business topped analyst estimates and is expected to grow about 50% this year. Market cap stands at $196 billion, with shares trading at about 75 times earnings.
2 June 2026
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SpaceX insiders get early chance to sell before $75 billion IPO

SpaceX insiders get early chance to sell before $75 billion IPO

SpaceX set aside 5% of IPO shares for select employees and others chosen by executives, with no standard lock-up. The company targets a $75 billion raise at a $1.75 trillion valuation, aiming to list on Nasdaq as SPCX. Elon Musk will retain 85.1% voting power. Starlink was the only profitable division last quarter; the AI unit lost $2.47 billion. Anthropic will pay SpaceX $1.25 billion monthly for AI compute through 2029.
2 June 2026
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Keel Infrastructure shares jump again as single AI lease grabs focus

Keel Infrastructure shares jump again as single AI lease grabs focus

Keel Infrastructure surged 7.39% to $6.10 after shifting from bitcoin mining to AI data-center infrastructure, with 48.7 million shares traded. Q1 revenue fell 23% to $37 million, with a $98 million operating loss. Liquidity stands at $533 million. Keel aims to secure leases at Panther Creek, Sharon, and Moses Lake. Alliance Global raised its price target to $8. Analyst average is $5.25. No hyperscale lease yet, unlike peer Applied Digital.
2 June 2026
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Arista Networks Stock Jumps Toward Record as AI Networking Bets Heat Up

Arista Networks Stock Jumps Toward Record as AI Networking Bets Heat Up

Arista Networks surged 7.65% to $171.68, adding $15 billion in market value as investors targeted AI infrastructure plays. First-quarter revenue jumped 35.1% to $2.709 billion, with operating cash flow at $1.69 billion. Analyst upgrades cite potential 40% revenue growth if Arista holds key cloud customers. Risks remain from supply shortages, customer concentration, and margin pressure from rising component costs.
1 June 2026
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Dow Inches Up After Hours; Nvidia’s AI Move Keeps Wall Street Near Highs

Dow Inches Up After Hours; Nvidia’s AI Move Keeps Wall Street Near Highs

Dow closes up 44.70 points to 51,076.85 as Nvidia’s RTX Spark chip news lifts tech stocks; S&P 500 and Nasdaq also rise. Oil prices jump to $94.98 on renewed U.S.-Iran tensions, capping broader gains. Factory activity grows for a fifth month, complicating Fed rate outlook. Market breadth remains narrow, with most advances in tech and AI. Investors await Friday’s jobs report and the Fed’s June meeting.
1 June 2026
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Meta Stock Is Sliding While Tech Hits Records—Here’s Why Wall Street Is Nervous

Meta Stock Is Sliding While Tech Hits Records—Here’s Why Wall Street Is Nervous

Meta Platforms shares slid 4.3% to $605.45, near session lows, even as tech stocks and Nvidia rallied. Investors weighed Meta’s plan to boost 2026 capital spending to $125–$145 billion, up from $115–$135 billion, despite strong Q1 revenue and ad growth. Bank of America flagged Meta as a “crowded AI spender.” Regulatory scrutiny over employee data use in Europe added pressure. Meta declared a $0.525 dividend, payable June 25.
1 June 2026
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Marvell Shares Tick Up After Latest AI Move

Marvell Shares Tick Up After Latest AI Move

Marvell Technology surged 9% to $223.36 after launching the Teralynx T100, a 102.4 Tbps switch chip for AI and cloud data centers. Fiscal Q1 revenue hit $2.418 billion, up 28%, with Q2 guidance at $2.70 billion. Barclays raised its price target to $275. Marvell targets over $10 billion in custom chip sales for fiscal 2029, but 82% of 2026 sales depend on 10 clients, and supply risks remain.
1 June 2026
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Uber shares trade higher as Nvidia robotaxi backing sparks new Europe competition

Uber shares trade higher as Nvidia robotaxi backing sparks new Europe competition

Uber surged 5.8% to $74.48 as it, Autobrains, and Nvidia announced a robotaxi rollout in Munich using Nvidia’s Drive Hyperion platform. Over 14 million shares traded. Reuters reported Prosus may block Uber’s Delivery Hero bid by raising its stake. Uber also bought 12.5% of Careem Technologies for $100 million. First-quarter trips rose 20%, gross bookings 25%, and adjusted EBITDA 33%. Munich rollout awaits regulatory approval.
1 June 2026
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Stock Market Updates

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

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

25 June 2026
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.
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