Today: 24 June 2026
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Technology 14 June 2026 - 15 June 2026

Marvell Jumps After S&P 500 Nod and Chip Gains Bring AI Play Into Spotlight

Marvell Jumps After S&P 500 Nod and Chip Gains Bring AI Play Into Spotlight

Marvell Technology surged 9% to around $305 after news it will join the S&P 500 before June 22, triggering expected index fund buying; shares also rode AI chip demand and a record-high Philadelphia Semiconductor Index, but at over 100 times trailing earnings, valuation risk remains even as analysts’ average price target lags the current price.
15 June 2026
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SanDisk Pushes Close to $2,000 While AI Memory Boom Tests Market Nerves

SanDisk Pushes Close to $2,000 While AI Memory Boom Tests Market Nerves

SanDisk shares surged 5% to $1,980 after reporting Q3 revenue up 251% year-over-year and gross margin at 78.4%, fueled by AI data-center demand and $42 billion in new long-term supply deals; the company also announced a $6 billion buyback and guided Q4 revenue above expectations, while some analysts warn of cyclical risks if NAND pricing normalizes.
15 June 2026
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AI Chip Stocks Lead, Oil Dips; Nvidia, Micron, Marvell, Delta, United in Focus

AI Chip Stocks Lead, Oil Dips; Nvidia, Micron, Marvell, Delta, United in Focus

U.S. stock futures climbed as a tentative U.S.-Iran deal sent oil to a three-month low, boosting chipmakers like Micron, Nvidia, and Marvell in premarket trading, while Delta and United Airlines surged over 4% on cheaper fuel; key risks remain around valuation, earnings, and geopolitics, with Micron’s June 24 earnings and Marvell’s June 22 S&P 500 entry as major upcoming catalysts.
15 June 2026
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Citi Bump Sends AMD Up as Meta AI GPU Contract Draws Eyes

Citi Bump Sends AMD Up as Meta AI GPU Contract Draws Eyes

AMD surged 4.7% to $511.57 after Citi upgraded the stock to Buy and raised its price target to $575, citing AMD’s growing role as a second source in AI GPUs and Meta’s planned deployment of AMD Instinct chips; the next key catalyst is the Advancing AI 2026 event on July 22–23, with investors watching for proof of Q2 growth and Meta-linked GPU demand.
15 June 2026
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ARK Loads Up on SpaceX Post-IPO, Trims Teradyne, Iridium, Archer

ARK Loads Up on SpaceX Post-IPO, Trims Teradyne, Iridium, Archer

ARK Invest snapped up nearly 3.3 million SpaceX shares on IPO day as SpaceX’s Nasdaq debut soared 19%, ending at $160.95 and a $2.1 trillion valuation, with ARK rotating out of Teradyne, Iridium, Twist Bioscience, and Archer Aviation to make a high-profile bet on Elon Musk’s newly public, still-unprofitable company, according to Investor’s Business Daily and Reuters.
14 June 2026
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Stock Market Today

  • United Utilities Water Ltd Publishes FY2026 Annual Reports and Financial Statements
    June 24, 2026, 1:05 PM EDT. United Utilities Water Limited has released its Annual Report and Financial Statements for the fiscal year ending 31 March 2026. The reports of United Utilities PLC and United Utilities Water Finance PLC are also available. These documents can be accessed on the United Utilities website and will soon be available on the UK's National Storage Mechanism for regulatory filings. The company's ordinary shares are listed on the London Stock Exchange, with American Depositary Receipts trading over the counter under the symbol UUGRY. This disclosure ensures transparency for investors and compliance with UK financial regulations.
Affirm stock climbs as Prime Day lifts pay-later outlook

Affirm stock climbs as Prime Day lifts pay-later outlook

24 June 2026
Affirm jumped 9.9% to $78.95 after Amazon Prime Day’s first-day U.S. online sales hit $8.3 billion, topping forecasts, with buy now, pay later expected to finance $2.04 billion of Prime Day purchases—up 5.5% from last year and 7.8% of total sales—giving investors a real-time test of Affirm’s demand as shoppers increasingly opt to split payments.
Hertz warns on Q2 earnings, stock drops as used-car slump weighs

Hertz warns on Q2 earnings, stock drops as used-car slump weighs

24 June 2026
Hertz shares plunged nearly 28% to $3.62 after the company warned Q2 core profit will hit the low end of guidance due to steep used-car sale losses, pushing vehicle depreciation to about $300 per unit per month; Hertz also announced $300 million in PIK notes and a $100 million share-lending deal, with the stock on track for its worst one-day drop and lowest close since April 2025.
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