CrowdStrike Tops Forecasts but Shares Drop as AI Expenses Gain Attention

CrowdStrike shares slipped about 8% after the bell on Wednesday, according to Reuters, even as the cybersecurity company topped Wall Street’s revenue view, lifted its full-year guidance and unveiled a four-for-one stock split. Investors zeroed in on higher expenses linked to AI and new products.

Meta Jumps After Zuckerberg Puts AI Agent at Center of $145 Billion Gamble

Meta Jumps After Zuckerberg Puts AI Agent at Center of $145 Billion Gamble

Meta Platforms shares gained roughly 4.2% late Wednesday after the parent of Facebook and Instagram introduced an AI business agent, a move investors took as an indication that its large spend on artificial intelligence may bring in fresh paid offerings. Shares climbed $25.17 to $622.80, putting Meta’s market cap near $1.60 trillion on the latest quote.
Intuitive Machines Drops on $500 Million Share Sale Announcement

Intuitive Machines Drops on $500 Million Share Sale Announcement

Intuitive Machines shares tumbled 15.6% around midday Wednesday. The drop came after the lunar-technology company said it could sell up to $500 million in Class A stock. That move put more pressure on one of the more active space names this year. The stock, which trades on the Nasdaq, was at $33.41 and had hit $33.28 earlier in the day, with volume topping 10.7 million shares.
Micron Shares Cross $1,000 as AI Memory Squeeze Catches Market’s Eye

Micron Shares Cross $1,000 as AI Memory Squeeze Catches Market’s Eye

Micron Technology was near $1,064 in premarket trading before the Nasdaq opened on Wednesday, keeping up gains that have made the company a key equity play tied to the AI push. This was during a normal U.S. trading day. Nasdaq runs its premarket session before the main open at 9:30 a.m. Eastern. The next full market holiday is June 19 for Juneteenth, according to its June 2026 schedule.
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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.