Today: 29 June 2026
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TSX:6501 25 August 2025 - 7 May 2026

GE Vernova Stock Drops as Texas Nuclear-Gas Deal Tests the AI Power Boom

GE Vernova Stock Drops as Texas Nuclear-Gas Deal Tests the AI Power Boom

GE Vernova shares dropped $70.96 to $1,048 Thursday afternoon after a recent rally, following news of a Texas power project with Blue Energy aimed at supporting AI data centers. The project will use GE Vernova’s BWRX-300 small modular nuclear reactors and gas turbines, with initial power delivery targeted for 2030. GE Vernova reported $18.3 billion in Q1 orders, up 71% organically.
Tokyo Stock Exchange Surges to Record Highs on AI Boom – Inside the Nov 3, 2025 Rally

Tokyo Stock Exchange Surges to Record Highs on AI Boom – Inside the Nov 3, 2025 Rally

Tokyo’s Nikkei 225 closed at a record 52,411.34, up 2.1%, marking its biggest monthly gain since 1994. The TOPIX and Mothers Index also hit record highs, led by surging tech shares as Advantest jumped 22% and Konami 16.1%. Toyota slipped 1.5% ahead of earnings, while a weaker yen boosted exporters. Investors cited optimism over AI, fiscal stimulus, and global market gains.
Google’s Shocking AI Contractor Purge: The Real Reason 200 ‘Super Raters’ Were Axed

Google’s Shocking AI Contractor Purge: The Real Reason 200 ‘Super Raters’ Were Axed

Google cut more than 200 AI contractors in August 2025, citing a project ramp-down. Workers allege the real reason was retaliation for unionizing efforts and complaints over pay and job security. The contractors, employed by GlobalLogic, helped train Google’s AI products. Google says GlobalLogic, not Alphabet, is responsible for employment conditions.
Quantum Leaps and Big Bets: Global Quantum Breakthroughs & Deals (Aug 24–25, 2025)

Quantum Leaps and Big Bets: Global Quantum Breakthroughs & Deals (Aug 24–25, 2025)

USC researchers showed that adding a 'neglecton' quasiparticle to Ising anyons enables universal topological quantum computing, published in Nature Communications. IBM's 5-qubit chip with T-REx achieved chemical calculations ten times more accurate than a 156-qubit device. Strangeworks announced its acquisition of Quantagonia, while QuamCore raised $26 million to pursue a million-qubit superconducting quantum computer.

Stock Market Today

  • Chipmaker Shares Soar Amid AI Boom in H1 2026
    June 28, 2026, 11:16 PM EDT. Semiconductor and memory chip stocks surged sharply in the first half of 2026, driven by strong AI demand. South Korea's Kospi index rose 125%, led by Samsung's 183% and SK Hynix's 310% gains. U.S. chipmakers like Sandisk soared 780% this year, with some stocks climbing thousands of percent over 12 months. Rising chip prices boosted profits amid constrained supply, fueling the rally. Conversely, major software companies including Microsoft declined as investors favored hardware over software. Apple cited higher memory chip costs for price hikes on devices. Recent profit-taking suggests some cooling in the chip rally. Overall, strong gains persisted in Asia-Pacific markets and reflected broader investor appetite for AI-driven tech hardware.

Latest articles

Trump-era loan caps could open door for private lenders in grad school market

Trump-era loan caps could open door for private lenders in grad school market

29 June 2026
July 1 federal loan caps slash Grad PLUS access, forcing many graduate and professional students to seek private loans; Sallie Mae projects up to 70% origination growth over several years, while SoFi reports record student-loan volume—investors now face a real-time test of how much demand shifts to private lenders as federal limits hit.
IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

29 June 2026
IREN Limited (NASDAQ:IREN) plunged 21.3% to $47.21 over five straight down days despite announcing a record $50M+ annual Warriors jersey deal, as investors focused on the company’s not fully contracted $4.4B target ARR and high short interest at 19.74% of float, with Friday’s close near the lowest analyst target.
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