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Artificial Intelligence 18 June 2026 - 19 June 2026
Alphabet Class A shares rose 1.17% to $368.03 on Thursday, ending the holiday-shortened week up 2.3%, while the Nasdaq Composite gained 2.4% for the week. U.S. exchanges were closed Friday for Juneteenth. John Jumper, a key figure behind AlphaFold, is set to leave Google DeepMind. The Dow Jones Industrial Average finished at 51,564.70, up 0.14% on Thursday and 0.71% for the week. Shopify shares dropped 1.1% in Toronto to C$152.06, while its U.S.-listed stock closed at $108.85, little changed after a midweek slump. Micron closed Thursday at $1,133.99, up 8.7% and about 15.5% higher for the week, with investors awaiting its fiscal third-quarter results next Wednesday. HIVE shares jumped 8.8% in Toronto and 7.3% on Nasdaq, supported by a $220 million GPU cloud deal involving Bell Canada and Cohere. Keel gained 5.36% on Nasdaq and 17.19% in Toronto after raising $458 million in convertible notes for additional funding. Tesla ended Thursday at $400.49, up 1.04% but down 1.5% for the week, with AI and robotaxi spending supporting sentiment ahead of Full Self-Driving reviews in Europe and Q2 delivery updates. Super Micro Computer rose 10.37% to $30.66 but remains about 25% below its June 9 close after financing news. Amazon closed at $244.39, up 2.4% for the week, with Prime Day and Q2 results upcoming. Kioxia surged 12.07% in Tokyo, contributing to a strong Nikkei performance. Marvell gained 7.27% to $310.58 after a price target hike and a photonics milestone, and will join the S&P 500 on Monday. Apple plans to raise prices due to higher memory and storage costs. Nvidia rose 2.95% Thursday, with chip momentum and Micron’s results in focus for next week.