Today: 7 July 2026
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Artificial Intelligence 6 July 2026 - 7 July 2026

Oracle stock drops as AI backlog gap grows and ORCL loses ground to cloud rivals

Oracle stock drops as AI backlog gap grows and ORCL loses ground to cloud rivals

Oracle Corporation dropped Tuesday, paring Monday’s gains. The stock looked more like a debt-heavy AI infrastructure play than its usual image as a software company with a giant backlog. The main point isn't the drop on the day. It’s the market discount. Oracle’s market cap was about $410.8 billion based on the latest quote, but its remaining performance obligations at the end of fiscal 2026 sat at $638 billion. So the market put Oracle at roughly 64 cents for each $1 of reported RPO. RPO isn’t profit and it’s not this year’s revenue. The ratio just shows how much investors are still holding back to cover risk and big spending tied to the AI contract surge.
7 July 2026
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DigitalOcean (NYSE:DOCN) pops as AI cloud trade shifts on new backlog math

DigitalOcean (NYSE:DOCN) pops as AI cloud trade shifts on new backlog math

DigitalOcean Holdings, Inc. climbed 9.3% to $143.64 Wednesday afternoon after the company forecasted its Q2 remaining performance obligations topping $800 million. That puts focus on backlog and capacity instead of just stronger AI revenue. Shares touched $157.99 at their high and 3.28 million shares changed hands as of 1:50 p.m. EDT, valuing DigitalOcean near $16.1 billion. DigitalOcean reported a big jump in its RPO for its size. RPO for Q2 2025 was $53 million, with revenue at $219 million. A July 7 update suggests RPO is now at least 15.1 times what it was a year ago, while revenue growth is set to pick up to around 29%, compared with 14% growth in the same period a year earlier. The company also said its weighted average obligation life rose from 1.6 years to over three years.
7 July 2026
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Adobe surges while BofA sticks with AI sell call on buyback math

Adobe surges while BofA sticks with AI sell call on buyback math

Adobe Inc. climbed Tuesday despite a new bearish call from Bank of America Corp. Shares traded at $227.98, up $9.91, or 4.5%, according to the latest finance feed. Invesco QQQ Trust dropped 1.4%. SPDR S&P 500 ETF Trust was down 0.3%. What matters more to investors right now is cash coming back. Adobe’s market cap stood at around $91.75 billion, according to the latest data. The company’s $25 billion buyback plan, announced in April and going until April 30, 2030, is about 27% of its market cap.
7 July 2026
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Sandisk (NASDAQ:SNDK) shares slide as memory bull cash-flow hopes tested

Sandisk (NASDAQ:SNDK) shares slide as memory bull cash-flow hopes tested

MILPITAS, California, July 7, 2026, 10:06 PDT Sandisk stock dropped about 8.5% to $1,596.75 in morning trading on Nasdaq. That pullback hit a rally that The Motley Fool had pegged at 635% for the year as of Tuesday, down from a peak of 884%. Now investors are looking at whether slower NAND price hikes can still keep margins up if demand stays contracted.
7 July 2026
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Palantir (NASDAQ:PLTR) stock trades at 43 times sales as holiday week begins

Palantir (NASDAQ:PLTR) edges higher after Mexico insurer deal

Palantir Technologies Inc. moved up late Tuesday morning as the company said Grupo Nacional Provincial, or GNP Seguros, is its first announced commercial customer in Latin America. The news gave Palantir its first non-U.S. commercial reference on a day tech stocks traded down. Nasdaq was open for a normal session. Nasdaq’s 2026 holiday schedule puts the July Independence Day closure on July 3, with regular hours at 9:30 a.m. to 4 p.m. Eastern. The stock traded at $135.34, up 2.1%. Invesco QQQ Trust fell 2.0%, while SPDR S&P 500 ETF Trust slipped 0.6%. The 4.1-point move over QQQ stands out since this wasn’t a chip cycle update. It was a commercial software deal, and the company didn’t say what the contract’s worth.
7 July 2026
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Semiconductors ETF slide puts AI exposure in focus; Invesco (NYSEARCA:PSI) falls back

Semiconductors ETF slide puts AI exposure in focus; Invesco (NYSEARCA:PSI) falls back

Chip ETFs traded lower late Tuesday morning in New York, with the hardest fall coming from this year’s top performer, not the ETF with the most Nvidia. Invesco Semiconductors ETF slid roughly 7.8% to $147.08 near 11:50 a.m. EDT, according to latest pricing. VanEck Semiconductor ETF lost around 5.0%. Cross-ETF numbers from Benzinga’s July 6 holdings check and Tuesday’s late-morning pricing showed the reversal:
7 July 2026
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Nokia drops as investors shrug at FiberCop news, look to AI-optics prices

Nokia drops as investors shrug at FiberCop news, look to AI-optics prices

Nokia Oyj dropped in Helsinki on Tuesday, reversing more of the AI-optical-network gains that took the Finnish telecom group to a 16-year high earlier this year. The shares changed hands at €10.58 as of 17:02 Helsinki time, off 4.08% for the session, with a range from €10.52 to €10.88. Around 4.91 million shares traded, roughly 25% of the typical 19.55 million average. Nasdaq Helsinki regular hours are 10:00 to 18:30, so this was not a closing price.
7 July 2026
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TeraWulf (NASDAQ:WULF) says Anthropic power deal outpaces recent data-center lease rates

Anthropic’s $19B TeraWulf (NASDAQ:WULF) lease throws cost of compute into AI IPO mix

Anthropic put a price on its AI expansion Monday, signing a 20-year, $19 billion lease with TeraWulf Inc. for 401 MW of compute power in Kentucky. The agreement gives investors an early look at what a leading AI lab is spending, ahead of Anthropic’s IPO filing. TeraWulf said its Raylan Data business will supply capacity at the Justified Data campus in Hawesville, with the rollout set to start in late 2027 and continue into early 2028. Anthropic will begin paying rent as each space is delivered. The lease could last up to 30 years if Anthropic takes both five-year extensions.
7 July 2026
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Microsoft heads into post-holiday stretch with AI in focus

Microsoft (NASDAQ:MSFT) dips as AI spending fears weigh, Xbox job cuts fade

U.S. stocks traded in a standard session Monday coming off Nasdaq’s July 3 holiday break. At press time, Microsoft Corporation was moving in the after-hours slot, which Nasdaq shows as running 16:00 to 20:00 ET. Microsoft ended at $386.74, off $3.64 from its previous finish. QQQ was up 1.36% and SPDR S&P 500 ETF Trust added 0.84%. Microsoft lagged QQQ by roughly 2.3 percentage points, falling as the broader tech index moved higher.
7 July 2026
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Credo shares surge, AI cable outlook grows, but little room left for error

Credo shares surge, AI cable outlook grows, but little room left for error

Credo Technology Group Holding Ltd jumped 9.8% to $265.55 on Monday, leading gains in the Philadelphia Semiconductor Index, which added 2.2%. William Blair’s Sebastien Naji, who rates the stock at buy, said it’s his “highest conviction semiconductor stock for the next six months,” according to Investor’s Business Daily. CRDO has climbed about 85% this year. CRDO finished the session at $265.55 on Nasdaq and traded at $266.01 after hours, according to WSJ/FactSet. That’s just below the average Street target at $280.14 and the median at $275. CRDO touched $280.50 during the day, a tick above the average target by 0.1%.
7 July 2026
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Cipher Digital stock rebound meets short-cover test as AI data-center forecasts stay wide

Cipher Digital stock rebound meets short-cover test as AI data-center forecasts stay wide

Cipher Digital Inc. bounced on Monday, but the sharper investor read was not the 8.4% gain. It was the mix of heavy volume, a large short base and a still-wide forecast spread. The stock ended at $21.73 after trading from $20.54 to $22.58. Volume was 28.30 million shares, about 14% above the 24.85 million average volume shown by Google Finance. Benzinga reported short interest rose to 54.50 million shares from 52.53 million in the prior reporting period, equal to 16.26% of float. At Monday’s volume, that short count equaled 1.9 sessions of trading, versus 2.19 days when measured by recent average volume. That is not proof of covering. It shows why CIFR can move fast when buyers return.
7 July 2026
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Meta Platforms (NASDAQ:META) stock beats Nasdaq as AI cash-flow forecast tightens

Meta Platforms (NASDAQ:META) stock beats Nasdaq as AI cash-flow forecast tightens

Meta Platforms Inc ended Monday up 2.98% at $600.29, outpacing the Nasdaq Composite’s 1.12% gain and the S&P 500’s 0.72% rise. The stock traded between $581.76 and $603.58, with volume of about 17.06 million shares, close to its 65-day average. The cleaner investor read is not the one-day bounce. It is the gap between Meta’s earnings multiple and the cash cost of its AI build. MarketScreener consensus data show Meta’s capex rising to about $133.4 billion in 2026 from $69.7 billion in 2025, while free cash flow is forecast to slip to a small negative number before recovering in 2027.
6 July 2026
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SoundHound AI (NASDAQ:SOUN) call activity spikes with shares testing $7 floor

SoundHound AI (NASDAQ:SOUN) call activity spikes with shares testing $7 floor

SoundHound AI, Inc. jumped 6.26% to finish at $6.96 Monday. Volume hit 28.69 million shares, sitting a bit above its 65-day average. That move outpaced late-session gains in Invesco QQQ Trust and iShares Russell 2000 ETF, up 1.7% and 0.6% before the close. Trading resumed after Nasdaq’s July 3 Independence Day holiday. $7 is the key level here. On July 2, SoundHound said in a filing that the LivePerson, Inc. stock component will use a 10-day Nasdaq VWAP ending three trading days before close. But there’s a floor at $7 on SoundHound’s stock in the formula, and a cap at $12.
6 July 2026
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US stocks end higher, most stocks trail AI gains

US stocks end higher, most stocks trail AI gains

U.S. stocks pushed higher Monday, driven mostly by a narrow set of AI and chip stocks. The S&P 500 closed at 7,537.48 for a 0.72% gain. The Dow Jones Industrial Average ended up 0.30% at 53,056.80. Nasdaq Composite finished at 26,131.63, rising 1.16%, according to Yahoo Finance data. Stocks traded in a typical Monday session after U.S. markets closed for the July 4 holiday on Friday. The NYSE 2026 calendar shows July 3 as the observed day off. Regular trading ended with the 4 p.m. ET closing auction.
6 July 2026
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Recursion Pharmaceuticals (NASDAQ:RXRX) stock gains as short interest and Russell flows hit AI-biotech rally

Recursion Pharmaceuticals (NASDAQ:RXRX) stock gains as short interest and Russell flows hit AI-biotech rally

Nasdaq traded normally at the dateline after being shut July 3 for the Independence Day holiday. Recursion Pharmaceuticals, Inc. rose 4.7% to $3.98 in the latest quote, adding about $95 million in market cap at that price. The stock traded between $4.09 and $3.66. Volume reached 26.7 million shares, topping the 22.42 million average listed on Google Finance.
6 July 2026
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KIDZ AI (NASDAQ:KIDZ) rally shifts focus to trade volumes after robotics news

KIDZ AI (NASDAQ:KIDZ) rally shifts focus to trade volumes after robotics news

U.S. equity markets stayed open Monday after Nasdaq clarified its 2026 Independence Day holiday is July 3, not July 6. KIDZ AI Inc. was one of the standout microcap movers, jumping about 82% to $1.24. Volume hit 160.6 million shares as of 16:53 UTC, market data showed. KIDZ is out with two headlines today. The company said it picked up the 2026 EdTechX Award for the Americas and showed off KIDZBot, an AI robotics learning tool. KIDZ expects to start rolling out KIDZBot commercially in the back half of 2026, kicking off with its Learning Center Robotics Program.
6 July 2026
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MARA Holdings (NASDAQ:MARA) rallies as AI trade outpaces Bitcoin

MARA Holdings (NASDAQ:MARA) rallies as AI trade outpaces Bitcoin

MARA Holdings, Inc. jumped 6.4% to $13.19 around midday Monday. Bitcoin-mining and AI-infrastructure stocks outpaced Bitcoin after TeraWulf reported new numbers tied to AI power leases. Bitcoin was up 1.4% at $63,519. Invesco QQQ Trust Series 1 added 1.8%. MARA hasn’t posted a press release since May 15, according to its feed. So traders were mostly reacting to numbers from sector peer TeraWulf Inc. instead of any new MARA news on Monday. The headline there is TeraWulf’s 20-year hosting deal with Anthropic, locking in around $19 billion in revenue at its 401-MW Kentucky facility.
6 July 2026
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Oracle (NYSE:ORCL) stock looks for footing after AI backlog tops market value

Oracle (NYSE:ORCL) stock looks for footing after AI backlog tops market value

Oracle Corporation shares looked ready to bounce in premarket trading on Monday. Still, the main question for investors is whether Wall Street will keep backing a company with a backlog much bigger than its market cap. The New York Stock Exchange says Friday, July 3, will be its Independence Day holiday in 2026. Trading will resume Monday. Oracle finished the last session at $140.27, down 1.56%. Investing.com quoted Oracle at $143.93 premarket at 08:52:54, up 2.61%.
6 July 2026
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Nokia Oyj (HEL:NOKIA) trades up on low volume, trails OMXH25 ahead of Q2 order figures

Nokia (HEL:NOKIA) slides in Helsinki, U.S.-listed ADRs seen lagging as AI strength fades

Nokia traded lower in Helsinki on July 6, 2026, at 14:03 EEST. U.S. ADRs looked set for a gap at the open as last week's AI-driven momentum lost steam. Nokia Oyj slipped in Helsinki on Monday. For U.S. investors, the main signal came from the spread between the updated Helsinki price and where New York closed. Nasdaq Helsinki ran normal hours, trading from 1000 to 1825 EEST.
6 July 2026
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AMD (NASDAQ:AMD) edges lower as market looks at $1 trillion CPU potential

AMD stock rebound weighs on AI premium after Nvidia delay chatter

Advanced Micro Devices Inc. traded at $530.64 in premarket at 04:46 ET, showing a 2.47% uptick from its $517.82 close in the last session, per Investing.com. The stock had dropped 4.26% in regular hours. The premarket rebound clawed back $12.82 of a $23.06 slide, or about 56%, but AMD was still $10.24 below its previous close using this calculation. The cash market hadn’t opened yet. For 2026, NYSE’s official calendar shows Friday, July 3 as the Independence Day holiday. Regular trading is scheduled for 9:30 a.m. to 4:00 p.m. ET.
6 July 2026
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Stock Market Today

  • Farage’s £5m Crypto Gift Flagged to NCA Over Money Laundering Fears
    July 7, 2026, 3:49 PM EDT. Nigel Farage got a £5 million gift from a cryptocurrency billionaire, now flagged to the UK's National Crime Agency (NCA) over money laundering worries, the Guardian reports. The Reform UK chief faces questions for not declaring the sum, possibly breaking parliamentary rules. Bankers filed a suspicious activity report (SAR) after questions about the source. Farage said he didn't need to declare it, arguing he wasn't in politics yet. He took control of Reform UK weeks later. Political parties have pulled out of a by-election Farage called, wary of a media circus. Farage now faces the NCA probe and a parliamentary inquiry, both clouding his political plans.
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