Google Faces $450 Test as AI Rally Meets EU Risk
Alphabet’s AI-fueled rally is on watch ahead of the U.S. open. Investors are looking at higher price targets but also bracing for a potential big EU fine tied to Google’s search business.
Wall Street Is Warming To CoreWeave Again. Nebius Is The Catch It Can’t Ignore
CoreWeave is drawing fresh support on Wall Street after GF Securities started coverage with a “Buy,” but the bigger trade is no longer just one stock. Investors are now measuring the Nvidia-backed AI cloud company against Nebius, a fast-growing rival that is turning big customer contracts into power, data centers and debt-funded capacity.
AI Infrastructure Stocks Face a Gut Check as Super Micro, Google and Nebius Pull Apart
Super Micro Computer has become the contested stock in the AI infrastructure trade, with fresh Zacks Investment Research notes putting it ahead of Nebius Group for near-term appeal while saying Alphabet offers the safer way to own the same theme. A separate Zacks note said Teradyne may offer more upside than Cisco as chip-testing demand tied to AI accelerators lifts results.
SanDisk AI rally has investors watching for what’s next
SanDisk’s AI rally is under new pressure as investor talk brings the stock’s valuation into focus again. Wall Street is now weighing if the memory-chip maker, already up sharply this year, can meet the most bullish price calls. Bernstein’s best-case scenario sees the stock going to $3,000—if NAND chip prices and profits keep climbing. NAND flash is the chip in solid-state drives, or SSDs.
Navitas Shares Jump Again, Hot Streak Faces Dilution Risk With AI Bet
Navitas Semiconductor shares were pointed up early Tuesday, building on a fast rally that’s made the power-chip maker a volatile name in AI infrastructure. The stock was changing hands around $32 in premarket action at 5:00 a.m. ET, a 9.4% jump from Friday’s close. Last regular session, shares finished at $29.25.
Micron Stock Rises Early as AI Memory Demand Faces New Test
Micron Technology stock jumped ahead of Tuesday’s open, continuing a choppy stretch for the memory-chip company. Investors returned after the Memorial Day break and kept chasing the AI memory trade.
Nokia Oyj Near 52-Week High as New Filing Tied to AI Trade
Nokia Oyj stock traded near its 52-week high in Helsinki on Tuesday after a filing revealed a top executive purchased about $500,000 worth of shares late last week.
AMD Nears High as AI Boom Faces Another Test
AMD stock traded close to its 52-week high heading into Tuesday’s U.S. market open, as investors look at a possible Taiwan supply expansion to see if strong AI demand will show up in actual shipments. Shares finished at $467.51 on Friday, rising 3.99%, with markets shut Monday for Memorial Day.
Australia stocks today: ASX drops as exchange operator’s 12% tech-cost shock rattles investors
Australian shares fell on Tuesday as ASX Ltd, the operator of the country’s main exchange, sank after warning of a jump in technology and regulatory spending. Reuters reported ASX shares fell as much as 12.6% to A$51.40, their worst intraday move since August 2012, while the benchmark S&P/ASX 200 was down about 0.4% earlier in the session.
Kraken Robotics Gains 9% on Covelya Deal Chatter
Kraken Robotics Inc. shares climbed Monday, bouncing back from Friday’s losses. Investors went back into the Canadian defence-tech name, looking for more detail on the pending Covelya acquisition update.
Celestica Rallies After Hours While U.S. Markets Shut—AI Buzz Lifts CLS
Celestica Inc.’s shares in Toronto moved higher Monday, giving some action on the AI-hardware theme as the NYSE listing paused for the U.S. Memorial Day break. CLS was at C$521.27, up 2.61%, at 11:12 a.m. ET, according to Google Finance, after getting as high as C$521.88. Shares stayed under the 52-week high of C$591.25.
Keel Infrastructure Stock Is Jumping — Now Comes the AI Lease Test
Keel Infrastructure’s Toronto-listed shares rose on Monday while its Nasdaq stock sat out the Memorial Day holiday, extending investor interest in the former Bitfarms business as a power-and-data-center trade rather than a bitcoin miner.
Nokia Shares Spike to New AI High; Pressure Builds After Surge
Nokia Oyj pulled back in Helsinki Monday after pushing to a new 52-week high earlier in the session. Shares were up earlier on an AI-driven move but dropped back to around 13.06 euros, off 1.5%. The network-equipment maker peaked at 13.495 euros, according to data.
Palantir Friday Close Ends Week of AI Stock Swings
Palantir Technologies Inc. heads into this holiday-shortened U.S. week with heavy AI demand in focus, while valuation questions and political concerns haven’t gone away. Shares ended Friday’s session at $136.88, slipping 0.39%. Still, the stock finished up for the week after closing the previous Friday at $133.99.
Qualcomm gains after Stellantis AI deal while holiday rally sets up next week’s test
Qualcomm rallied hard last week. Stock closed Friday up 11.6% at $238.16 after running as high as $243.00. For the week, Qualcomm gained 18.2% from last Friday’s finish. Trading volume for the day was 30.38 million shares.
POET Stock: $400M Cash Raise, AI Buzz, and Trader Jitters
POET Technologies Inc. finished weaker in a choppy, shortened holiday week after its $400 million financing took the steam out of a rally powered by artificial-intelligence infrastructure optimism.
AMD Shares Reach New Peak Ahead of Tuesday’s Open
AMD heads into the holiday-shortened week trading close to recent highs, after shares climbed 3.99% on Friday to close at $467.51. The stock hit $481.41 during the session, rounding out a volatile but strong week for the AI chipmaker.
Micron Shares Swing, Investors Eye AI-Memory Challenge Next Week
Micron Technology starts this holiday-shortened week with shares giving back some ground after recent gains. The stock finished Friday at $751.00, down 1.46% for the session, though still up roughly 3.6% from last week’s close. Investors this week are weighing a fresh U.S. manufacturing achievement for the company against concerns that the AI-memory trade has maybe gone too far, too soon. Shares fell Monday before bouncing midweek.
Joby Aviation Stock Just Popped Before a Market Holiday. The Next Test Is Bigger
Joby Aviation heads into a shortened U.S. trading week with its shares back above $10 after a 5% Friday gain, a move that left the electric air-taxi developer ahead of the broader market before the Memorial Day break.
IREN Heads Into Holiday Week With Russell 3000 Addition, Nvidia Tie-Up, $3 Billion Backing
IREN Ltd comes into this holiday-shortened week after getting named a preliminary addition to the Russell 3000 Index. Shares of the AI data center and bitcoin-mining firm rallied 7.3% last week but gave back some gains Friday, closing at $56.83, down 2.1%.
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