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Technology 10 June 2026 - 11 June 2026

Fermi (FRMI) Jumps After OpenAI Data Center Report; Project Matador Lease Bets Return

Fermi (FRMI) Jumps After OpenAI Data Center Report; Project Matador Lease Bets Return

Fermi Inc. shares surged 22.6% to finish at $6.89 on Wednesday. The stock ticked up to $6.91 in early trading Thursday as traders looked for signs that big AI clients could still lock in massive, power-heavy data center contracts. The move wasn’t driven by a Fermi deal itself. Instead, OpenAI is reportedly talking to lease a 10-gigawatt data center project in Ohio, with Nvidia possibly backing it financially. That report put Fermi’s Project Matador back in play for the “power is the bottleneck” crowd.
11 June 2026
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Marvell shares edge up premarket after recent AI chip slump hit S&P 500

Marvell shares edge up premarket after recent AI chip slump hit S&P 500

Marvell Technology, Inc. shares tried to bounce early Thursday after dropping sharply on Wednesday. Investors are watching to see if the upcoming S&P 500 addition will help stabilize what’s been one of the most volatile AI chip names. Marvell finished at $252.59 on June 10, down 5.35% for the day. In premarket action, the stock was up 3.16% at $260.56, according to Google Finance.
11 June 2026
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Tech stocks slide after hours, Oracle’s AI spending draws focus

Tech stocks slide after hours, Oracle’s AI spending draws focus

Dow sinks nearly 1,000 points as tech breaks down; inflation, Iran weigh U.S. stocks came under more selling after the bell Wednesday. The Dow Jones Industrial Average finished down 953.33 points, or 1.87%, at 49,918.78. The S&P 500 fell 1.62% to 7,266.99. The Nasdaq Composite dropped 1.98% to 25,169.50. Tech stocks took the biggest hit as traders turned defensive. Inflation looked hot and U.S.-Iran tensions stirred.
11 June 2026
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YY Group Shares Spike as Humanoid Robot Plans Unveiled

YY Group Shares Spike as Humanoid Robot Plans Unveiled

YY Group Holding Limited surged Wednesday after the Singapore-based outsourcing firm said it would start using Unitree humanoid robots and collect training data from cleaning and maintenance jobs to feed automation. The stock rallied as traders repositioned YYGH as a robotics and AI data story, moving beyond its identity as a cheap labor provider. Shares were last up $0.039 at $0.165, after swinging between $0.13 and $0.22, with more than 295 million shares changing hands.
10 June 2026
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Snap Inc. Targets Health Ad Dollars With New Snapchat Study as Pressure Builds

Snap Shares Drop Again With Tech Names Under Pressure

Snap Inc. shares dropped again Wednesday, adding stress to a turnaround built on stronger cash flow, lower costs and hopes for its Specs AR glasses. The stock traded at $5.38, down from Tuesday’s $5.59 close, swinging between $5.31 and $5.55. There’s no fresh earnings news driving the move. The slide is happening as traders gauge if Snap’s better numbers can matter right now in a market pulling back on risk.
10 June 2026
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Caterpillar Slips, Drags Down Dow as AI Rally Gets Tested

Caterpillar Slips, Drags Down Dow as AI Rally Gets Tested

Caterpillar Inc. shares fell hard Wednesday, putting pressure on the Dow Jones Industrial Average as the stock retreated after flirting with record highs days earlier. CAT was last seen at $858.12, off $56.58, or 6.2%. Shares changed hands between $855.13 and $911.91 during the session. Because the Dow is price-weighted, big moves in stocks like Caterpillar, with higher prices, move the index more than lower-priced names.
10 June 2026
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BigBear.ai Stock Bounces as Shareholder Vote Squeeze Meets Panama AI Speculation

BigBear.ai Stock Bounces as Shareholder Vote Squeeze Meets Panama AI Speculation

BigBear.ai Holdings, Inc. shares moved up Wednesday after the company said it closed a deal in Panama for its AI security tech, even as investors watched a governance proposal that could make it easier for BigBear to issue more stock. BBAI last traded at $4.10, up 11 cents, having moved between $3.855 and $4.185. About 22.1 million shares changed hands.
10 June 2026
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Broadcom Shares Slip After $35 Billion AI Transaction, Guidance Jitters Linger

Broadcom Shares Slip After $35 Billion AI Transaction, Guidance Jitters Linger

Broadcom Inc. shares dropped Wednesday, down 4.0% at $376.42 as of 11:59 a.m. EDT, after news of its $35 billion AI infrastructure plan with Apollo and Blackstone did little to hold the stock up. Investors shifted focus back to the doubts over whether Broadcom’s custom AI chip sales can still outpace Wall Street’s high hopes. On Tuesday, shares had an implied close of $392.16.
10 June 2026
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Why Aurora Innovation Stock Is Falling as Uber’s $479 Million Share Sale Tests the Driverless Truck Rally

Why Aurora Innovation Stock Is Falling as Uber’s $479 Million Share Sale Tests the Driverless Truck Rally

Aurora Innovation shares were under fresh pressure Wednesday morning as investors kept reacting to Uber Technologies’ roughly $479 million sale of AUR stock. The reason investors care is simple: the stock’s big driverless-truck story is now running into a big-shareholder supply problem. AUR closed Tuesday at $6.16, down 1.60%, and Google Finance showed the stock at $6.01 in pre-market trading, another 2.44% lower.
10 June 2026
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Tencent Shares Gain After $4.66B Bond Sale Seen Fueling AI Bets

Tencent Shares Gain After $4.66B Bond Sale Seen Fueling AI Bets

Tencent Holdings Ltd. shares jumped in Hong Kong on Wednesday after the company confirmed it priced a US$4.66 billion dual-currency bond deal. The bond is sold in both U.S. dollars and offshore yuan. The rally wasn't only linked to the size of new borrowing but also to questions about demand and whether Tencent can keep up AI funding without shaking equity holders.
10 June 2026
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