ChronoScale Shares Jump After Tesla Alum Joins AI Compute Effort

ChronoScale Corp surged almost 18% Thursday afternoon after the AI compute firm appointed Raj Jegannathan, a former Tesla executive, as CTO. The company also named Lawrence Lam chief product officer.

IREN Up Early as 800MW AI Campus in Australia Heats Up Power Race

IREN Stock Moves Early as Market Reacts to Australia AI Data-Center Push

IREN Ltd. shares pointed lower in premarket U.S. trading on Thursday, after the AI cloud and bitcoin mining company said it’s building an 800-megawatt campus in South Australia, its first data center in Australia. The stock finished Wednesday at $65.48, down 1.7%. In early morning trading at 6:48 a.m. Eastern, MarketBeat showed shares at $61.66, down 5.8% more.
AT&T Shares Fall After SpaceX Signals, Wall Street Looks Hard at Fiber Plans

AT&T Shares Fall After SpaceX Signals, Wall Street Looks Hard at Fiber Plans

AT&T Inc. stock fell 4.4% to $23.55 late Wednesday after Oppenheimer analyst Timothy Horan downgraded the shares to Perform from Outperform. Horan also dropped his $32 price target, putting more investor focus on competition from satellite internet. Horan said longer-term broadband subscriber gains, and eventually its mobile business, could be at risk from new low-Earth-orbit satellite networks offering faster, lower-latency internet than older satellites.
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US Stock Market Today Updates

AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 STRONG BUY

Kodiak Gas Services

NYSE:KGS • Energy infrastructure 88/100 • ★★★★☆
#2 STRONG BUY

Neurocrine Biosciences

NASDAQ:NBIX • Healthcare 87/100 • ★★★★☆
#3 STRONG BUY

Alphabet Class A

NASDAQ:GOOGL • Communication services 85/100 • ★★★★☆
#4 BUY ON WEAKNESS

Applied Materials

NASDAQ:AMAT • Semiconductor equipment 84/100 • ★★★★☆
#5 ACCUMULATE

JPMorgan Chase

NYSE:JPM • Financials 80/100 • ★★★★☆
View full portfolio
Editorial model selection. Not personalised advice.
MARKET CALENDAR

Key Events Today

The catalysts most likely to move markets.

#1

Consumer Confidence • 10:00 ET

A large surprise can reset expectations for household spending and near-term growth, with read-through to Treasuries, USD and cyclical stocks.

#2

New Home Sales • 10:00 ET

Housing remains highly rate-sensitive; the print can move homebuilders, mortgage-sensitive names and the long end of the Treasury curve.

#3

Intuit earnings • After close

Guidance can influence software multiples and sentiment around U.S. small-business activity.

View full calendar
Times and estimates may change. Verify before trading.