Today: 12 June 2026
Browse Category

Artificial Intelligence 12 June 2026

Microsoft Sinks Under $390 With Nasdaq in Recovery

Microsoft Shares Fall as Investors Worry About AI Spend, Cloud Push

Microsoft shares slid to $386.92 Friday, down 0.9%, as investors questioned whether soaring AI infrastructure spending—set to top $40 billion in the fiscal fourth quarter—will deliver enough cloud revenue to justify the stock’s 23x earnings multiple, especially after Oracle’s massive capex plans rattled the sector and Microsoft’s margins face pressure from ongoing AI investments.
12 June 2026
····
Cipher Digital Moves Higher After AI Data Center Investment Draws Attention to CIFR

Cipher Digital Moves Higher After AI Data Center Investment Draws Attention to CIFR

Cipher Digital surged 9% to $24.66 Friday after pricing $810 million in senior secured notes for its Stingray AI data center, with the June 15 closing seen as the next key catalyst; despite analyst Buy ratings and a rebound from Wednesday’s selloff, high volatility, ongoing losses, and debt-funded construction keep CIFR speculative and risky, making execution on its AI pivot critical for stock performance.
12 June 2026
···
Amazon Shares Slip After $17.5 Billion AI Loan Draws Focus to AMZN Cash Flow

Amazon Shares Slip After $17.5 Billion AI Loan, Cash Flow Pressure Before Prime Day

Amazon shares dropped 1.6% to $237.66 Friday, underperforming rising major ETFs, as investors focused on a new $17.5 billion delayed-draw loan to fund AI infrastructure, raising concerns over rising capital expenditures and shrinking free cash flow, with attention now turning to Prime Day on June 23–26 and upcoming Q2 results for signs of revenue growth and margin impact.
12 June 2026
····
Charles Schwab Expands Money Talk as Fresh Filings Show Farallon, Elevation Point Cut SCHW Stakes

Options Get Attention as Schwab’s STAX Bounces With AI Stocks

Schwab’s Trading Activity Index jumped to 55.08 in May from 50.10 in April as retail investors returned to equities—especially tech stocks—while also shifting toward ETFs and options for risk management, signaling renewed participation in the AI-led rally but with increased caution, according to Schwab’s monthly data.
12 June 2026
············
IREN Bounces After Needham Cuts Targets, Market Watches AI Cloud Moves

IREN Shares Bounce While Investors Assess AI Cloud Prospects, Ongoing Funding Concerns

IREN surged $5.16 to $56.71 after a volatile week, as investors weighed Needham’s cut to 2026-27 estimates on delayed AI cloud revenue ramp, with mining revenue expected to approach zero by year-end as GPU deployments replace Bitcoin capacity; the next key catalyst is proof of billable AI cloud revenue ahead of the September 16 earnings update.
12 June 2026
···
Micron Stock Nears $1,000 Again as AI Memory Rally Faces June 24 Test

Micron Stock Nears $1,000 Again as AI Memory Rally Faces June 24 Test

Micron soared 11.66% to $995.87 after a sharp pullback, as investors weigh booming AI-driven memory demand against concerns the stock already prices in a near-perfect upcycle; all eyes are on the June 24 earnings call, with analysts forecasting Q3 EPS of $19.46 on $34.07B revenue and debating whether supply constraints can sustain elevated earnings and justify Micron’s $1.14T valuation.
12 June 2026
·····
Adobe Tumbles After CFO Departs, Even as Q2 Hits Records and AI Adds Growth

Adobe Tumbles After CFO Departs, Even as Q2 Hits Records and AI Adds Growth

Adobe plunged 6.25% to $218.80 and slid further to $208.17 premarket after record Q2 results beat estimates, as investors fixated on CFO Dan Durn’s June 15 exit and uncertainty over AI monetization, despite raised full-year guidance; shares neared a 52-week low and have dropped over 37% this year amid leadership turnover and AI competition concerns.
12 June 2026
···
1 2 3 … 210

Stock Market Today

  • Grayscale Ethereum Covered Call ETF (ETCO) Hits Oversold Levels on RSI Indicator
    June 12, 2026, 5:18 PM EDT. Shares of the Grayscale Ethereum Covered Call ETF (ETCO) slipped to $8.38 on Friday, entering oversold territory as indicated by a Relative Strength Index (RSI) reading of 28.5, below the 30 threshold used to signal potential momentum exhaustion. By comparison, the S&P 500's RSI stands at 53.9. ETCO's 52-week low is $8.10, with a high of $39.77, and the ETF was down roughly 3.9% on the day, trading last at $8.46. A low RSI reading can suggest that heavy selling pressure may be ending, potentially presenting buying opportunities for bullish investors.

Latest articles

West Marine to Shut 59 Stores Amid Bankruptcy; Execs Got Bonuses

West Marine to Shut 59 Stores Amid Bankruptcy; Execs Got Bonuses

12 June 2026
West Marine is closing 59 stores in 23 states and paid $1.075 million in executive retention bonuses just 16 days before filing for Chapter 11 bankruptcy, as court filings reveal the retailer owes over $65 million to top vendors and liquidation sales are underway through September.
Go toTop