Today: 28 June 2026
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Artificial Intelligence 25 June 2026 - 27 June 2026

AI stocks eye $41 billion tech-fund shift as memory costs hit

AI stocks eye $41 billion tech-fund shift as memory costs hit

Technology sector funds saw nearly $20 billion in outflows the week to June 24—erasing the prior week’s $21.46 billion inflows—just before chip stocks plunged, with the Nasdaq dropping 4.6% and the Philadelphia semiconductor index posting its worst week since April, as investors questioned AI profitability and shifted away from tech.
Cisco Systems (NASDAQ:CSCO) drop puts AI order wave up against valuation pressures

Cisco Systems (NASDAQ:CSCO) drop puts AI order wave up against valuation pressures

Cisco plunged 4.5% to $113.77, erasing $21 billion in value on heavy volume as FTSE Russell’s reconstitution drove trading; despite the drop, KeyBanc raised its price target to $130, implying 14% upside, but with AI revenue still a small slice of Cisco’s total, investors face pressure to see AI orders convert to revenue amid a volatile tech sector.
Tech fund outflows hit US stocks after hours as AI trade momentum cools

Tech fund outflows hit US stocks after hours as AI trade momentum cools

Tech sector funds saw nearly $20 billion in weekly outflows, reversing last week’s record inflow, as the Nasdaq 100 slid 1.09% and chip stocks tumbled, with the PHLX semiconductor index down over 4% for its biggest weekly drop since March, raising fresh concerns for investors in large tech and chip names.
BlackBerry (NYSE:BB) jumps after QNX outlook nudge, eyes on cash flow

BlackBerry (NYSE:BB) stock watches QNX beat with AI premium in play after $1B re-rate

BlackBerry surged to a $6.06 billion market cap after QNX revenue jumped 26% and fiscal 2027 revenue guidance rose by $10 million, but premarket shares slipped 2.8% after the rally; analysts lifted targets, citing faster operating leverage and rising QNX growth, while the company’s first cash-positive Q1 in nine years and a $1 billion QNX royalty backlog highlight investor focus on embedded-AI potential.
Nebius (NASDAQ:NBIS) in focus after Vineland power test, CoreWeave (NASDAQ:CRWV) shows live AI capacity

Nebius (NASDAQ:NBIS) in focus after Vineland power test, CoreWeave (NASDAQ:CRWV) shows live AI capacity

Nebius closed at $259.66 after launching AI Cloud 3.6, but investors now face scrutiny over how quickly its Vineland, NJ site can convert contracted power—crucial for its $17.4B Microsoft deal—into live AI capacity, as policy risks and local opposition intensify and the stock trades at 9.91 times book value after a 455.9% annual gain.
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Stock Market Today

  • Five9 CLO Tiffany Meriweather Sells $236K Shares to Cover Tax Withholding, No Investor Concern
    June 28, 2026, 9:40 AM EDT. On June 4, 2026, Tiffany N. Meriweather, Chief Admin and Legal Officer of Five9, sold 9,526 shares worth approximately $236,000 to cover tax withholding from restricted stock vesting, as per SEC Form 4. This sale is below her average trade size and follows several discretionary sales earlier in May. Post-transaction, Meriweather holds 271,772 shares valued at about $6.65 million. Five9 shares closed at $24.46 on June 4, reflecting a 26.73% decline over the past year. The transaction does not indicate reduced confidence, given it was for tax obligations rather than discretionary selling. Five9, a cloud contact center software provider, posted $1.17 billion in trailing twelve-month revenue and $57.25 million net income. The company focuses on AI-driven omnichannel customer engagement solutions.

Latest articles

Hecla Mining (NYSE:HL) heads into Monday after heavy volume and silver move

Hecla Mining (NYSE:HL) heads into Monday after heavy volume and silver move

28 June 2026
Hecla Mining surged 2.57% Friday on record volume driven by Russell index rebalancing, but still ended the week down 2.8% as silver prices at $58.78 per ounce remain 29% below Hecla’s Q1 realized price, raising concerns over margin repeatability as the stock faces its first session without index-flow noise on Monday.
Heat wave turns trash routes into cost test for Republic Services (NYSE:RSG)

Heat wave turns trash routes into cost test for Republic Services (NYSE:RSG)

28 June 2026
Republic Services (NYSE:RSG) and Rumpke are shifting trash collection to earlier hours in Ohio and Indiana next week to avoid dangerous heat, as route timing is critical for controlling labor costs and maintaining margins; Republic last traded at $216.39, WM at $225.53, with no regular U.S. equity session underway at press time.
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