Today: 24 June 2026
Browse Category

Artificial Intelligence 23 June 2026 - 24 June 2026

Nokia (HEL:NOKIA) trades higher on AI network automation push, outpaces Helsinki index

Nokia (HEL:NOKIA) trades higher on AI network automation push, outpaces Helsinki index

Nokia shares jumped up to 3.6% in Helsinki after unveiling a series of AI-powered autonomous network releases with Google Cloud, AWS, and Databricks, driving automation rates above 90% and productivity gains of 60–80%, but investors await July 23 results for confirmation as new launches focus on future deployments, not immediate contract revenue.
24 June 2026
···
Nvidia, Micron and AMD weakness raises AI memory-chip worry

Nvidia, Micron and AMD weakness raises AI memory-chip worry

The Philadelphia Semiconductor Index plunged 7.9%—over five times the S&P 500’s drop—as Micron, Sandisk, and Western Digital tumbled harder than Nvidia, signaling mounting pressure in memory chip stocks ahead of Micron’s earnings, with investors questioning AI-driven spending and risk of further selloff if Micron signals memory prices are peaking.
24 June 2026
······
Best Stock To Buy Today? Qualcomm’s OpenAI Chip Report Puts QCOM Back In The Market’s AI Trade

Qualcomm (NASDAQ:QCOM) slides, $19 billion lost as AI deal rumors lift investor-day expectations

Qualcomm stock plunged 8.01%—erasing $19 billion in value—amid reports of costly AI acquisitions and ahead of a crucial investor meeting where management must clarify data-center strategy and the impact of potential $12–14 billion deals on cash returns, as investors weigh sector-wide selling and risks to Qualcomm’s AI premium.
23 June 2026
······
Why AMD stock is down: hot U.S. wholesale inflation and Nvidia slump weigh on Advanced Micro Devices

AMD (NASDAQ:AMD) shares drop 6% as investors eye new AI deal

AMD shares fell 5.8% to near $520 after a sector-wide semiconductor selloff, as investors weighed whether debt-funded AI infrastructure spending will deliver returns; OpenAI and Meta hold warrants for up to 320 million AMD shares at one cent each—about 19.6% of shares outstanding—vesting only if major chip purchases and price targets are met, raising key per-share profit questions for investors.
23 June 2026
··
Trump Eyes $17.5 Billion Nuclear Push as AI Energy Demand Jumps

Trump Eyes $17.5 Billion Nuclear Push as AI Energy Demand Jumps

The Trump administration announced $17.5 billion in conditional federal loans to accelerate orders for 10 Westinghouse AP1000 nuclear reactors, aiming to meet surging U.S. electricity demand from AI and data centers; the loans target equipment purchases to cut deployment timelines by up to three years, but projects must still clear technical and financial hurdles before funds are released.
23 June 2026
········
Nasdaq Drops After Hours as AI Stocks and Chip Names Fall

Nasdaq Drops After Hours as AI Stocks and Chip Names Fall

Semiconductor stocks plunged, sending the Philadelphia SE Semiconductor Index down 7.6% and dragging the Nasdaq 2% lower as investors brace for Micron’s earnings and a key Fed inflation report that could test confidence in the AI trade and trigger further volatility in growth stocks.
23 June 2026
············
Backblaze (NASDAQ:BLZE) Jumps After CoreWeave AI Storage Deal Worth $335 Million

Backblaze (NASDAQ:BLZE) Jumps After CoreWeave AI Storage Deal Worth $335 Million

Backblaze shares soared 39.8% to $11.35 after announcing a multi-year CoreWeave storage deal with an estimated contract value of $335 million—more than double Backblaze’s annual recurring revenue—giving the small-cap cloud company a major AI-infrastructure boost, though actual revenue depends on storage used and the agreement could dilute shares if warrants are exercised.
23 June 2026
····
Keel (NYSE:KEEL) Faces Major AI Test After Rally

Keel (NYSE:KEEL) Faces Major AI Test After Rally

Keel Infrastructure Corp shares slipped pre-market after hitting a 52-week high Monday, as investors weigh the upcoming June 26 addition to the Russell 3000 Index and the recent $458 million convertible note offering with a $7.41 conversion price, while the company remains in transition with declining revenue, a $127.6 million quarterly loss, and key data-center leases still unsigned.
23 June 2026
··
Nokia Oyj (HEL:NOKIA, NYSE:NOK) slips heading into Q2; AI-optical momentum pressured

Nokia (HEL:NOKIA) gives back AI-fueled gains after Google Cloud news

Nokia shares dropped 2.5% in Helsinki after a U.S. rally sparked by a Google Cloud AI partnership, as investors weighed the new Gemini-based tools against a weaker Finnish market and sector-wide AI pullback; Nokia’s ADRs had surged 6.97% on Monday after announcing six specialized AI agents for telecom networks, with the first agent pack set for Google Cloud Marketplace in September.
23 June 2026
··
Microsoft (NASDAQ:MSFT) Faces Questions on AI After Attempted Rebound

Microsoft (NASDAQ:MSFT) Faces Questions on AI After Attempted Rebound

Microsoft rose 1.1% in premarket trading after announcing a 20-year Chevron power deal for a massive Texas AI data center, as investors weigh whether surging AI infrastructure costs will pay off quickly enough amid a broader tech stock selloff and ongoing concerns over Azure growth and capital spending.
23 June 2026
········
1 2 3 … 218

Stock Market Today

  • Backblaze Shares Surge 43.6% Following CoreWeave $335 Million Contract
    June 24, 2026, 7:58 AM EDT. Backblaze's stock jumped 43.6% to $11.66 on Tuesday, fueled by a $335 million contract with CoreWeave. The deal values CoreWeave's purchase at 4.2 times Backblaze's expected 2025 B2 Cloud Storage revenue. Despite the rally, the market priced the deal below its headline value amid concerns over costs and customer usage timing. Backblaze will provide cost-effective hard-disk drive storage for CoreWeave's AI Object Storage platform. The contract includes warrants allowing CoreWeave to acquire up to 7% of Backblaze's shares, with vesting tied to performance. Backblaze's B2 unit saw 24% sales growth in Q1, though the company remains unprofitable with a $6.1 million net loss.
Samsung rally puts buyback plan under investor lens

Samsung rally puts buyback plan under investor lens

24 June 2026
Samsung Electronics soared 9.8% after announcing it may buy shares for employee stock pay, with media reporting a 90 trillion won plan—equal to 4.5% of common shares and nearly five times Wednesday’s trading volume—fueling a sharp rebound in both Samsung’s stock and the KOSPI after Tuesday’s selloff.
Backblaze rally leaves CoreWeave deal below stated price

Backblaze rally leaves CoreWeave deal below stated price

24 June 2026
Backblaze surged 43.6% after landing a $335 million CoreWeave contract—4.2 times its 2025 B2 Cloud Storage revenue—but the stock’s $213 million equity gain values the deal at just 63 cents per contract dollar, as investors weigh costs, timing, and potential dilution from CoreWeave warrants covering up to 7% of shares.
Go toTop