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Technology 14 June 2026 - 15 June 2026

Marvell Jumps After S&P 500 Nod and Chip Gains Bring AI Play Into Spotlight

Marvell Jumps After S&P 500 Nod and Chip Gains Bring AI Play Into Spotlight

Marvell Technology surged 9% to around $305 after news it will join the S&P 500 before June 22, triggering expected index fund buying; shares also rode AI chip demand and a record-high Philadelphia Semiconductor Index, but at over 100 times trailing earnings, valuation risk remains even as analysts’ average price target lags the current price.
15 June 2026
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SanDisk Pushes Close to $2,000 While AI Memory Boom Tests Market Nerves

SanDisk Pushes Close to $2,000 While AI Memory Boom Tests Market Nerves

SanDisk shares surged 5% to $1,980 after reporting Q3 revenue up 251% year-over-year and gross margin at 78.4%, fueled by AI data-center demand and $42 billion in new long-term supply deals; the company also announced a $6 billion buyback and guided Q4 revenue above expectations, while some analysts warn of cyclical risks if NAND pricing normalizes.
15 June 2026
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AI Chip Stocks Lead, Oil Dips; Nvidia, Micron, Marvell, Delta, United in Focus

AI Chip Stocks Lead, Oil Dips; Nvidia, Micron, Marvell, Delta, United in Focus

U.S. stock futures climbed as a tentative U.S.-Iran deal sent oil to a three-month low, boosting chipmakers like Micron, Nvidia, and Marvell in premarket trading, while Delta and United Airlines surged over 4% on cheaper fuel; key risks remain around valuation, earnings, and geopolitics, with Micron’s June 24 earnings and Marvell’s June 22 S&P 500 entry as major upcoming catalysts.
15 June 2026
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Citi Bump Sends AMD Up as Meta AI GPU Contract Draws Eyes

Citi Bump Sends AMD Up as Meta AI GPU Contract Draws Eyes

AMD surged 4.7% to $511.57 after Citi upgraded the stock to Buy and raised its price target to $575, citing AMD’s growing role as a second source in AI GPUs and Meta’s planned deployment of AMD Instinct chips; the next key catalyst is the Advancing AI 2026 event on July 22–23, with investors watching for proof of Q2 growth and Meta-linked GPU demand.
15 June 2026
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ARK Loads Up on SpaceX Post-IPO, Trims Teradyne, Iridium, Archer

ARK Loads Up on SpaceX Post-IPO, Trims Teradyne, Iridium, Archer

ARK Invest snapped up nearly 3.3 million SpaceX shares on IPO day as SpaceX’s Nasdaq debut soared 19%, ending at $160.95 and a $2.1 trillion valuation, with ARK rotating out of Teradyne, Iridium, Twist Bioscience, and Archer Aviation to make a high-profile bet on Elon Musk’s newly public, still-unprofitable company, according to Investor’s Business Daily and Reuters.
14 June 2026
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Stock Market Today

  • Accenture Earnings Preview: What to Expect from ACN's Q1 Report
    June 16, 2026, 11:47 PM EDT. Global professional services firm Accenture (NYSE:ACN) reports earnings Thursday before market open. Analysts forecast 6% year-on-year revenue growth, a slowdown from last year's 7.7%. The company beat revenue estimates with $18.04 billion last quarter but narrowly missed full-year EPS guidance. Most analysts have maintained estimates, reflecting confidence in Accenture's steady performance. Accenture leads tech earnings season, with sector stocks up 6.2% recently, while ACN shares fell 6.3%. Investors will watch closely for clues about the tech services segment. Meanwhile, a lesser-known AI application company trades at a discount, attracting investor interest amid booming AI valuations.

Latest articles

Dow Closes at Record in After-Hours as S&P 500, Nasdaq Dip on Tech Slide

Dow Closes at Record in After-Hours as S&P 500, Nasdaq Dip on Tech Slide

17 June 2026
Dow hits second straight record close at 51,999.67 while S&P 500 and Nasdaq drop as tech stocks slide; Philadelphia semiconductor index plunges 5.7% and after-hours trading sees only slight gains for major index-tracking funds, as investors brace for Wednesday’s Fed decision and monitor inflation risks amid falling oil prices and a possible U.S.-Iran deal.
GD Culture shares drop on heavy trading and ongoing buyout uncertainty

GD Culture shares drop on heavy trading and ongoing buyout uncertainty

17 June 2026
GD Culture Group plunged 73.3% to $0.028 after heavy trading, putting fresh pressure on its unresolved, non-binding $10.75-per-share buyout proposal; risks include deal uncertainty, a $300 million share-sale program, and bitcoin-driven balance sheet swings, with no new company updates released Tuesday.
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