Today: 26 June 2026
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Artificial Intelligence 24 June 2026 - 26 June 2026

Applied Materials (NASDAQ:AMAT) gains $50 billion as AI memory trade pushes past Street forecasts

Applied Materials (NASDAQ:AMAT) gains $50 billion as AI memory trade pushes past Street forecasts

Applied Materials soared 10.7% to $652.07, adding $50.4 billion in value after unveiling new DRAM and advanced packaging systems and forecasting DRAM equipment spending to more than double NAND, with HBM driving over 50% growth in advanced packaging this year; shares now trade 18.7% above the average analyst target.
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.
Micron Technology (NASDAQ: MU) gains ahead of earnings; Street eyes $20.57 EPS bar

Micron headed for $200 billion jump before the bell on AI memory deals

Micron soared 16.7% premarket to $1,224.01 after locking in $100 billion of minimum-price customer contracts and $22 billion in projected deposits, signaling investors are valuing its multi-year supply deals and price floors over spot-market risks as DRAM and NAND prices surged, with management forecasting tight supply “beyond 2027” and fourth-quarter revenue guidance at $50 billion.
Oracle (NYSE:ORCL) stock slips as AI spending outpaces cloud infra sales

Oracle (NYSE:ORCL) stock slips as AI spending outpaces cloud infra sales

Oracle plunged 4.62% to $157.53 after its annual report revealed fiscal 2026 capital expenditures soared to $55.7 billion—over three times cloud-infrastructure revenue—while free cash flow was negative $23.7 billion and restructuring costs surged, highlighting intensifying funding pressures despite a massive $638 billion backlog.
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Stock Market Today

  • FibroBiologics Raises $3M with Potential $6M More via Warrants
    June 26, 2026, 9:16 AM EDT. FibroBiologics Inc. (NASDAQ: FBLG) announced a private placement raising $3 million upfront by selling 4.08 million common shares and pre-funded warrants at $0.735 each. The deal includes Series A and Series B warrants allowing the purchase of an additional 4.08 million shares at the same price, potentially raising an extra $6 million if exercised. Exercise of these warrants depends on future stockholder approval and registration filings. The company plans to use proceeds for working capital and general corporate purposes. H.C. Wainwright & Co. serves as sole placement agent. No guarantees exist that warrants will be exercised or additional funds will be received.

Latest News

SoFi (NASDAQ:SOFI) holds near $17 as AI trading faces Russell volume test

SoFi (NASDAQ:SOFI) holds near $17 as AI trading faces Russell volume test

26 June 2026
SoFi shares hovered near $17.30 premarket, about 47% below last year’s high, as investors shrugged off this week’s AI investing platform launch and focused on Friday’s Russell index reconstitution, which could drive major trading volume and volatility, with $12.2 trillion tracking FTSE Russell indexes and nearly $150 billion in trades expected during the reshuffle, according to Reuters and lseg.com.
Micron shares slip as traders question peak-memory outlook

Micron shares slip as traders question peak-memory outlook

26 June 2026
Micron plunged 5.4% premarket after a record 15.7% rally, as investors weighed its low 9.3x forward earnings multiple and $100 billion in strategic customer deals with price ceilings that could cap upside if chip prices keep rising; fiscal Q4 revenue guidance hit $50 billion, but analysts split on whether contract limits restrict future gains.
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