Today: 9 June 2026
Browse Category

Artificial Intelligence 9 June 2026

Intel Stock’s Google-Fueled Rally Just Hit a Wall as AI Chip Bets Face a Reality Check

Intel Stock’s Google-Fueled Rally Just Hit a Wall as AI Chip Bets Face a Reality Check

Intel shares plunged 4.6% to $105.25 after Monday’s Google-fueled rally, as investors took profits and chip stocks broadly sold off; the drop highlights that Intel’s valuation now hinges on its ability to secure major foundry customers like Google, but the reported order remains unverified and sector-wide momentum is fading.
9 June 2026
····
Marathon Digital Shares Fall as Bitcoin Move Renews Focus on AI Strategy

Marathon Digital Shares Fall as Bitcoin Move Renews Focus on AI Strategy

MARA shares plunged 4.3% to $13.19 as bitcoin slipped below $62,000, highlighting that despite efforts to pivot toward AI and data-center infrastructure, the stock remains tightly tied to bitcoin’s price, with recent earnings showing revenue and bitcoin holdings down sharply and ongoing risks if crypto weakness persists.
9 June 2026
······
Chip Selloff Trips Up Wall Street’s AI Rally

Chip Selloff Trips Up Wall Street’s AI Rally

Nasdaq and S&P 500 tumbled midday, erasing early chip-stock gains as tech shares slid; Philadelphia Semiconductor Index dropped 2% after jumping 3%, with Broadcom, Micron, and Nvidia under pressure. Investors await key inflation data Wednesday and SpaceX’s massive IPO, both seen as catalysts for further volatility amid concerns that high valuations in AI and tech could face profit-taking if rate fears persist.
9 June 2026
·····
Nintendo and Sanrio Stocks Get New AI Boost

Nintendo and Sanrio Stocks Get New AI Boost

Nintendo hikes Switch 2 prices in Japan and the US, citing higher memory costs and tariffs expected to add 100 billion yen to annual expenses; investors now question whether Japan’s top entertainment brands like Nintendo and Sanrio can maintain valuations as AI-driven capital shifts toward chips and automation, pressuring stock selection even as the Nikkei rebounds 2.17% after Monday’s sharp drop.
9 June 2026
····
Why Applied Digital Stock Is Jumping Before the Open After $5.2B AI Lease

Why Applied Digital Stock Is Jumping Before the Open After $5.2B AI Lease

Applied Digital surged 8.7% in after-hours trading after announcing a 15-year, $5.2 billion lease at its Delta Forge 2 AI data center, boosting its contracted base-term lease revenue to $36 billion; investors are watching Tuesday’s regular session for the first full market reaction as confidence grows in Applied Digital’s ability to secure long-term AI infrastructure deals.
9 June 2026
··
Marvell Joins S&P 500 But AI Chip Gains Come With a Twist

Marvell Joins S&P 500 But AI Chip Gains Come With a Twist

Marvell Technology surged 9.6% to $288.85 after being picked for the S&P 500, extending a 59% rally since May 27, as passive funds prepare to buy shares before its June 22 entry; the move follows record revenue, strong AI bookings, and Nvidia’s $2 billion investment, but risks remain after a recent sector selloff and warnings of overbought conditions.
9 June 2026
····
1 2 3 … 206

Stock Market Today

  • ASX Penny Stocks: Analysis of Harvey Norman Holdings and Pacific Lime & Cement
    June 9, 2026, 5:24 PM EDT. Harvey Norman Holdings (ASX: HVN), valued at A$5.68 billion, reported a 29.8% earnings growth last year, outperforming industry averages. Its profit margins stand at 18.1%, although dividend payments have been inconsistent. The company benefits from strong cash flow and manageable debt but faces potential long-term financial constraints due to asset-liability mismatches. Meanwhile, Pacific Lime and Cement (ASX: PLA), with a market cap of A$339.95 million, remains pre-revenue but has consistently reduced losses over five years. Despite a negative return on equity, its solid asset base covers liabilities fully. Recent leadership appointments aim to support project execution amid a challenging revenue environment. Both stocks trade below estimated fair values, offering potential growth opportunities despite differing risk profiles.

Latest articles

Why Hims & Hers Stock Jumped Today as Its Weight-Loss Bet Gets a Second Look

Why Hims & Hers Stock Jumped Today as Its Weight-Loss Bet Gets a Second Look

9 June 2026
Hims & Hers Health surged 6.6% to $28.98 Tuesday on heavy volume, bucking a tech selloff as investors bet on its ability to profitably scale weight-loss drug sales after a tough quarter marked by missed revenue, a surprise loss, and margin pressure from branded GLP-1s, with new international expansion and Eucalyptus acquisition in focus.
RBC Stock Hits 52-Week High Even as TSX Falls

RBC Stock Hits 52-Week High Even as TSX Falls

9 June 2026
Royal Bank of Canada surged to a new 52-week high at C$277.09 before closing up 1.24% at C$276.01, outpacing the S&P/TSX’s 0.2% drop, after reporting Q2 net income of C$5.5 billion and adjusted EPS of C$3.90, beating estimates. Despite strong results and a 58.61% year-over-year gain, risks remain as the market is not cheap and investors await the Bank of Canada’s rate decision.
BigBear.ai Stock Drops as Panama AI Buzz Runs Into Dilution Worries

BigBear.ai Stock Drops as Panama AI Buzz Runs Into Dilution Worries

9 June 2026
BigBear.ai shares fell 33 cents to $3.98 as investors weighed a Panama cargo-security deployment, annual meeting results, and the company’s ongoing losses; despite a 14% backlog jump and $431.5 million in cash, revenue conversion remains uncertain, and a recent increase in authorized shares raises dilution risks.
Velo3D shares jump on gas-turbine order; VELO gains traction

Velo3D shares jump on gas-turbine order; VELO gains traction

9 June 2026
Velo3D shares soared 21% to $19.64 after announcing a gas-turbine manufacturing partnership with Aurelia Technologies using its Sapphire XC platform, expanding beyond aerospace and defense; no order value disclosed, so gains reflect expected future work as investors await Wednesday’s investor presentation.
Go toTop