Today: 5 June 2026
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Technology 29 March 2026 - 3 April 2026

Intel to Pay $14.2 Billion to Reclaim Ireland Fab Stake From Apollo as Stock Jumps

Intel to Pay $14.2 Billion to Reclaim Ireland Fab Stake From Apollo as Stock Jumps

Intel will pay $14.2 billion to buy back Apollo Global Management’s 49% stake in its Fab 34 plant in Leixlip, Ireland, regaining full ownership. The deal comes as demand rises for server CPUs and ahead of Intel’s first-quarter results on April 23. Intel shares rose 4.9% Thursday after an 8.8% jump the previous day. The company will fund the buyback with cash and $6.5 billion in new debt.
3 April 2026
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Micron Technology Debt Tender Tops $4.3 Billion as AI Memory Boom Raises Spending Stakes

Micron Technology Debt Tender Tops $4.3 Billion as AI Memory Boom Raises Spending Stakes

Micron Technology said over $4.3 billion in senior notes were tendered in its cash buyback offer that expired Tuesday, with settlement expected April 3. Shares fell 1.8% Thursday morning. The offer covered six note series due 2031–2035, with consideration set between $1,048.11 and $1,079.93 per $1,000 principal. Micron ended February with $16.7 billion in liquidity and $9.56 billion in long-term debt.
2 April 2026
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Snap Inc Faces Fresh Pressure as Activist Irenic Pushes AI Pivot, Cost Cuts and a Specs Rethink

Snap Inc Faces Fresh Pressure as Activist Irenic Pushes AI Pivot, Cost Cuts and a Specs Rethink

Activist investor Irenic Capital disclosed a 2.5% stake in Snap and urged cost cuts, a Specs unit spinoff, and more AI investment. Snap shares rose after the campaign went public. The company beat Q4 revenue estimates but lost 3 million daily users and forecast weaker Q1 sales. Snap reported $1 billion in annualized direct revenue and completed a $500 million buyback in January.
2 April 2026
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Intel to Buy Back Apollo’s Ireland Fab Stake for $14.2 Billion Amid Rising AI Demand

Intel to Buy Back Apollo’s Ireland Fab Stake for $14.2 Billion Amid Rising AI Demand

Intel will pay $14.2 billion to buy back Apollo Global Management’s 49% stake in its Fab 34 chip plant in Ireland, restoring full ownership. The company will use cash and $6.5 billion in new debt to finance the deal. Intel shares rose over 10% after the announcement. Fab 34 produces Core Ultra and Xeon 6 chips using Intel’s latest manufacturing technology.
2 April 2026
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Ondas Inc. Closes World View Acquisition, Adds High-Altitude Surveillance as Stock Rises

Ondas Inc. Closes World View Acquisition, Adds High-Altitude Surveillance as Stock Rises

Ondas Inc. completed its acquisition of World View Enterprises, issuing up to 12.8 million shares and $7.3 million in cash. Shares rose 2% after the deal, which adds high-altitude surveillance platforms to Ondas’ defense business. Ondas reported a $101 million Q4 net loss as acquisition costs rose. World View will operate under Ondas Autonomous Systems.
1 April 2026
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Grab Holdings Limited Launches Singapore Driverless Rides With WeRide as Margin Pressure Builds

Grab Holdings Limited Launches Singapore Driverless Rides With WeRide as Margin Pressure Builds

Grab launched Singapore’s first autonomous public ride service in Punggol, operating limited shuttles with WeRide and logging over 30,000 km with 1,000 early riders. The Land Transport Authority said free public rides begin April 1, with paid service at a S$4 fare set for mid-2026. The rollout follows Grab’s $600 million deal to buy Foodpanda Taiwan and a $400 million stock buyback plan.
1 April 2026
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Micron Technology Debt Buyback Nears $4.5 Billion as AI Chip Expansion Costs Climb

Micron Technology Debt Buyback Nears $4.5 Billion as AI Chip Expansion Costs Climb

Micron Technology said holders tendered about $4.32 billion of six series of senior notes by the buyback deadline, with another $140 million pending via guaranteed delivery. The company set purchase prices at $1,048 to $1,080 per $1,000 principal and expects payment on April 3. The buyback comes after Micron raised its fiscal 2026 capital spending plan to over $25 billion.
1 April 2026
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Haverhill Eyes Crypto ATM Ban, 60-Day Removal Order as Fraud Scrutiny Grows

Haverhill Eyes Crypto ATM Ban, 60-Day Removal Order as Fraud Scrutiny Grows

Haverhill, Massachusetts is considering a ban on cryptocurrency ATMs, with operators facing removal of kiosks within 60 days or $300 daily fines. The ordinance, backed by Mayor Melinda Barrett, passed an initial 11-0 council vote and was set for review Tuesday night. Local officials cite rising crypto fraud, with Essex County prosecutors recovering over $180,000 since January. Only a handful of machines are inside city limits.
1 April 2026
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Intel Sets April 23 Q1 Earnings Date, With 18A Yields and AI Data-Center Demand in Focus

Intel Sets April 23 Q1 Earnings Date, With 18A Yields and AI Data-Center Demand in Focus

Intel will report first-quarter results after market close on April 23 and hold a 2 p.m. PT call. The company previously forecast revenue of $11.7 billion to $12.7 billion and break-even adjusted earnings per share, below analysts’ expectations. Investors are watching for updates on server-chip supply, 18A manufacturing yields, and foundry business progress. Supply constraints and AI-related demand remain key issues.
1 April 2026
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Snap stock surges after activist Irenic pushes AI reset, buybacks and Specs overhaul

Snap stock surges after activist Irenic pushes AI reset, buybacks and Specs overhaul

Snap Inc. shares rose 14% to $4.60 Tuesday after Irenic Capital disclosed a 2.5% stake and called for cost cuts, a sharper AI strategy, and a review of the Specs smart-glasses unit. Irenic urged Snap to give Class A shareholders more voting power and said Specs should be spun off or shut. Snap reported Q4 revenue of $1.72 billion and net income of $45 million, but its Q1 outlook missed expectations.
1 April 2026
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NVIDIA Corporation Puts $2 Billion Into Marvell as AI Chip Race Turns to Custom Designs

NVIDIA Corporation Puts $2 Billion Into Marvell as AI Chip Race Turns to Custom Designs

Nvidia invested $2 billion in Marvell Technology and expanded a partnership to integrate Marvell’s custom AI chips and networking with Nvidia systems. Nvidia shares rose 5.6%, Marvell jumped 12.8%. Marvell will supply processors compatible with Nvidia’s NVLink Fusion and collaborate on silicon photonics. The agreement follows a period of volatility for Nvidia’s stock and rising competition in AI chips.
31 March 2026
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Apple Stock (AAPL) Gets Rare Barclays Sell as Soft iPhone Demand, AI Doubts Split Wall Street

Apple Stock (AAPL) Gets Rare Barclays Sell as Soft iPhone Demand, AI Doubts Split Wall Street

Barclays reiterated a Sell rating on Apple with a $248 price target, citing soft iPhone unit trends, even as Apple shares rose 2.8% to $253.65 Tuesday. The stock remains about 6% below its Jan. 2 close. Apple is testing new Siri features and saw China smartphone sales rise 23% in early 2026. Bulls cite stronger China demand, while bears warn AI upgrades may not drive a major replacement cycle.
31 March 2026
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Rocket Lab Stock Jumps as Germany Clears Mynaric Buyout, Putting Europe Push in Reach

Rocket Lab Stock Jumps as Germany Clears Mynaric Buyout, Putting Europe Push in Reach

Germany approved Rocket Lab’s acquisition of Mynaric, clearing the way for the $75 million deal to close in April. Rocket Lab shares rose 6.7% to $61.21 in early U.S. trading Tuesday. The purchase gives Rocket Lab its first European base in Munich and direct control over a key laser-communications supplier. Mynaric will remain headquartered in Munich after the deal closes.
31 March 2026
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Oracle Layoffs Hit India After 6 a.m. Emails, Raising Fresh AI Spending Questions

Oracle Layoffs Hit India After 6 a.m. Emails, Raising Fresh AI Spending Questions

Oracle employees in India began receiving layoff emails early Tuesday, with no official headcount disclosed by late in the day, Indian media reported. The company’s latest filing raised estimated fiscal 2026 restructuring costs to $2.1 billion, mostly for severance. Oracle is continuing with $50 billion in planned capital spending for AI data centers.
31 March 2026
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Wells Fargo Outage Today: Thousands Report Online Banking and App Login Problems

Wells Fargo Outage Today: Thousands Report Online Banking and App Login Problems

Wells Fargo’s online and mobile banking services were down for thousands of U.S. customers Monday, with Downdetector logging over 6,000 outage reports by 8 a.m. Pacific. Users reported login failures and missing account information. The bank directed customers to ATMs, branches, and phone support while working to restore access. Wells Fargo had not explained the cause by early afternoon.
31 March 2026
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AI ETFs 2026: Why Vanguard VGT, Roundhill CHAT and Value-Chain Funds Are Pulling Investors Beyond Nvidia

AI ETFs 2026: Why Vanguard VGT, Roundhill CHAT and Value-Chain Funds Are Pulling Investors Beyond Nvidia

Vanguard Information Technology ETF fell 1.0%, Roundhill Generative AI & Technology ETF dropped 1.1%, and Global X Artificial Intelligence & Technology ETF lost 0.8% Monday morning as investors shifted focus from megacap tech to chip and hardware suppliers. U.S. equity funds saw $37.24 billion in inflows last week, but tech sector funds lost $1.45 billion.
30 March 2026
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Meta’s $9 Trillion Market Cap Bet Runs Into Fresh Legal Risk

Meta’s $9 Trillion Market Cap Bet Runs Into Fresh Legal Risk

Meta Platforms has tied new stock options for six top executives to a share price that would push its market value above $9 trillion by 2031. The awards follow two jury verdicts last week ordering Meta to pay $381 million over child safety claims, which sent shares lower. CEO Mark Zuckerberg is not included in the pay package. Meta said it plans up to $135 billion in capital spending in 2026, mostly for AI and infrastructure.
30 March 2026
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CrowdStrike Stock Rises After Wolfe Upgrade as Anthropic AI Fears Turn Into Cybersecurity Spending Bet

CrowdStrike Stock Rises After Wolfe Upgrade as Anthropic AI Fears Turn Into Cybersecurity Spending Bet

CrowdStrike shares rose about 3% premarket Monday after Wolfe Research upgraded the stock to Outperform, citing expected higher security spending tied to Anthropic’s upcoming AI model. Wolfe set a $450 price target and said the new AI could trigger a “machine speed cyberwar.” CrowdStrike reported $5.25 billion in annual recurring revenue earlier this month. Friday’s AI-driven selloff hit other cybersecurity stocks, including Palo Alto Networks and Zscaler.
30 March 2026
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Coherent Corp back in focus after Nvidia deal as exec says pact will aid wider AI data-center push

Coherent Corp back in focus after Nvidia deal as exec says pact will aid wider AI data-center push

Coherent Corp shares closed at $243.48 Friday, little changed after a volatile session. Senior vice president Steve Rummel told a Pittsburgh summit the company’s multibillion-dollar deal with Nvidia will support the wider industry, not just one customer. Coherent joined the S&P 500 on March 23 and reported fiscal Q2 revenue of $1.69 billion, up 17% year over year.
29 March 2026
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Stock Market Today

  • Bitmine announces preferred stock offering amid $9.2 billion unrealized Ethereum losses
    June 5, 2026, 4:13 AM EDT. Bitmine Corp. revealed plans to launch a STRC-style preferred stock offering, aiming to raise funds as the company faces $9.2 billion in unrealized losses on its Ethereum (ETH) holdings. Preferred stock typically provides investors with dividends and priority over common stock in asset claims. Bitmine intends to use the net proceeds for general corporate purposes, including potential purchases of additional Ethereum and expansion of its staking operations, a process where cryptocurrencies are locked to support blockchain network functions and earn rewards. This move reflects Bitmine's strategic response to volatile market conditions affecting its cryptocurrency assets.

Latest articles

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 05.06.2026

5 June 2026
LIVEMarkets rolling coverageStarted: June 5, 2026, 4:00 AM EDTUpdated: June 5, 2026, 4:15 AM EDT Bitmine announces preferred stock offering amid $9.2 billion unrealized Ethereum losses June 5, 2026, 4:13 AM EDT. Bitmine Corp. revealed plans to launch a STRC-style preferred stock offering, aiming to raise funds as the company faces $9.2 billion in unrealized losses on its Ethereum (ETH) holdings. Preferred stock typically provides investors with dividends and priority over common stock in asset claims. Bitmine intends to use the net proceeds for general corporate purposes, including potential purchases of additional Ethereum and expansion of its staking operations, a
Dow Hits Record, But Wall Street Watches After-Hours Session

Dow Hits Record, But Wall Street Watches After-Hours Session

5 June 2026
Dow soared to a record close, but after-hours jitters hit as Broadcom missed revenue expectations and cut its AI-chip forecast, dragging chip stocks and exposing markets to Friday’s key jobs report, which could sway rates, yields, and tech valuations. Lululemon shares plunged 11% after slashing its profit outlook.
AT&T Stock Drops, Investors Eye SpaceX’s Move

AT&T Stock Drops, Investors Eye SpaceX’s Move

5 June 2026
AT&T shares plunged 3.3% to $22.77 after a Supreme Court loss and an Oppenheimer downgrade citing rising satellite broadband competition, as SpaceX’s $75 billion IPO nears; investors fear AT&T’s fiber-heavy strategy faces new risks, with Oppenheimer warning broadband and mobile growth could be at risk from low Earth orbit rivals.
Marvell rises as chip peers drop, Wall Street eyes index move

Marvell rises as chip peers drop, Wall Street eyes index move

5 June 2026
Marvell jumped 4.9% to $316.43, defying a chip selloff, as traders bet on S&P 500 inclusion and Nvidia-linked AI demand; the stock later slipped to $305.18 after hours, with volume more than double average, as investors await Friday’s S&P announcement and weigh risks of high expectations and index flows.
Guidewire Beats Earnings but Shares Drop on Revenue Number

Guidewire Beats Earnings but Shares Drop on Revenue Number

5 June 2026
Guidewire Software plunged 13.77% after hours to $130.36 as investors fixated on annual recurring revenue guidance that missed Wall Street’s target by a narrow margin, overshadowing strong earnings and revenue beats; the stock’s sharp drop highlights concerns over contract growth pacing despite raised full-year outlooks and robust financials.
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