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Technology 21 June 2026 - 23 June 2026

Micron Shares Reach All-Time High with AI Memory Demand in Focus Ahead of Earnings

Micron Shares Reach All-Time High with AI Memory Demand in Focus Ahead of Earnings

Micron Technology surged 6.9% to a record $1,211.38 after announcing a supply and investment deal with Anthropic, defying a tech market drop, as investors bet on AI-driven demand and raised analyst targets; Wednesday’s earnings will test if Micron can sustain gross margins above 80% and meet rising expectations amid tight competition and a global memory shortage.
UiPath (NYSE:PATH) dips; buyback can’t offset ARR pressure

UiPath (NYSE:PATH) dips; buyback can’t offset ARR pressure

UiPath (NYSE:PATH) slipped 1.2% to $10.15 as investors focus on Thursday’s annual meeting and whether annualized renewal run-rate (ARR) growth can accelerate beyond the current 12%, with $436.9 million in buyback authorization—about 8% of market cap—potentially cushioning shares, but not resolving concerns over sustainable contract growth versus headline revenue.
Broadcom’s $2 Trillion AI Call Gets 7.5% Test Next Week

Broadcom’s Google AI chip contract takes on new weight as JPMorgan defends stock

Broadcom shares slid to $396.72 midday Monday, down $14.63, as investors weighed JPMorgan’s defense of its Google AI chip program against concerns over customer concentration and a broader reset in high-valuation AI infrastructure stocks, despite Broadcom forecasting over 200% AI semiconductor revenue growth for Q3 and securing multi-year supply deals with Google and Anthropic.
TSMC shares up as Street focuses on June revenue test

TSMC shares up as Street focuses on June revenue test

TSMC’s U.S.-listed shares jumped 1.5% to $468.85 in early Monday trading, outpacing tech peers, as investors focus on June sales: a modest month-on-month gain would put Q2 revenue near guidance midpoint and mark a 62% year-on-year jump, but risks remain from AI spending, price pressure, Taiwan security, and U.S. foundry competition.
MARA Holdings surges with bitcoin rebound, puts power-asset values in focus

MARA Holdings surges with bitcoin rebound, puts power-asset values in focus

MARA surged 12.8% to $16.04—far outpacing bitcoin’s 2.1% rise—after Nasdaq reopened from Juneteenth, as investors rewarded the miner’s operating leverage and power assets; only 7% of the stock’s $686 million market-cap gain was explained by its bitcoin holdings, signaling the market’s focus on MARA’s potential in data centers and AI infrastructure amid weak bitcoin ETF flows.
Western Digital (NASDAQ: WDC) rises as storage shortage plays out

Western Digital (NASDAQ: WDC) rises as storage shortage plays out

Western Digital surged 4.86% to $746.23 as investors chased the AI storage scarcity trade and anticipated the June 22 exchange of remaining Sandisk shares for WDC stock, adding $11.9 billion in equity value—over three times fiscal Q4 revenue guidance—while the market paid up for durable pricing and 51%-52% gross margin targets, despite risks if shortages or pricing ease.
22 June 2026
Nokia Oyj (HEL:NOKIA, NYSE:NOK) slips heading into Q2; AI-optical momentum pressured

Nokia Oyj (HEL:NOKIA, NYSE:NOK) slips heading into Q2; AI-optical momentum pressured

Nokia shares have erased €18.5 billion in equity value since June 3, falling 21.9% as investors question whether Q1’s AI-cloud surge signals a lasting growth cycle or just a fleeting rally; with Q2 results due July 23, the stock is trading as a referendum on AI momentum, not telecom legacy, and faces further downside if AI orders or margins disappoint.
Intel (NASDAQ: INTC) Gets an Apple Premium, Math Shows Little Room Left

Intel (NASDAQ: INTC) Gets an Apple Premium, Math Shows Little Room Left

Intel soared 10.64% to $133.99 after Trump claimed Apple will work with Intel on U.S. chip design and manufacturing, adding $64.8 billion in equity value—nearly 4.8 times Q1 revenue—in one day; premarket quotes hit $139.64, above Mizuho’s new $135 target, but neither Apple nor Intel confirmed details, leaving the stock priced for validation before customer specifics are public.

Stock Market Today

  • Nasdaq CFO Emphasizes AI Leadership Across Organizations
    June 24, 2026, 9:19 AM EDT. Sarah Youngwood, Nasdaq's EVP and CFO, highlights that AI is reshaping financial markets and operations beyond being a standalone project. She stresses the importance of CFOs and leaders undergoing AI training themselves to effectively guide AI strategy and maximize value. Nasdaq's AI platform, used by 650 financial institutions, showcases how embedded AI capabilities are fueling growth and innovation. Youngwood advises companies to focus first on quality data, followed by team training and active leadership engagement. In finance, AI is expected to enhance forecasting and decision-making, while governance and human oversight remain crucial for successful adoption.
Arqit Quantum (NASDAQ:ARQQ) climbs after fresh U.S. quantum security deals, SEC filing

Arqit Quantum (NASDAQ:ARQQ) climbs after fresh U.S. quantum security deals, SEC filing

24 June 2026
Arqit Quantum surged 35.6% after U.S. executive orders on June 22 spotlighted post-quantum cryptography, the encryption Arqit sells, with shares quoted up again premarket; a Millennium-linked group briefly held over 5% but fell below that threshold, and a $7 million legal settlement was approved, resolving all U.S. class actions against the company.
Tencent stock up as firm tests WeCom AI tool, files share buyback

Tencent stock up as firm tests WeCom AI tool, files share buyback

24 June 2026
Tencent soared 3.38% to HK$428.80 after its WeCom app began limited rollout of Dayuan, an AI agent built on DeepSeek V4, with the news helping push shares up over 5% in afternoon trade; Tencent also repurchased 1.183 million shares for HK$500.7 million, while the AI push raises spending and adoption risks remain.
Ambu falls after Danske Bank downgrades on urology concerns

Ambu falls after Danske Bank downgrades on urology concerns

24 June 2026
Ambu shares plunged 9.4% to 56.75 DKK after Danske Bank downgraded the stock to “sell” and slashed its price target to 58 DKK, citing faster-than-expected competition and price pressure in urology, weak ureteroscope traction, and a limited product portfolio versus rivals, despite ongoing share buybacks and recent endoscopy growth.
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