Today: 29 June 2026
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Artificial Intelligence 25 June 2026 - 29 June 2026

Nokia flat in Helsinki as AI-driven gains pause with traders weighing value

Nokia flat in Helsinki as AI-driven gains pause with traders weighing value

Nokia Oyj dipped in Helsinki on Monday, with most of the action in the broker calls. Handelsbanken took its rating down to Hold from Buy but bumped its target up to 12 euros from 10.20. The broker suggested Nokia’s AI run is now mostly reflected in the share price. Nokia was at 11.36 euros, off 0.40%, as of 14:01 EEST. Shares dropped 6.52% on Friday, with most of the slide coming then. Monday saw only light selling afterward.
29 June 2026
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Microsoft rebound ahead of Nasdaq open puts AI spending in spotlight

Microsoft rebound ahead of Nasdaq open puts AI spending in spotlight

Microsoft Corporation starts the U.S. premarket session Monday with a setup that’s more straightforward than it was late last week. But holders are staring at the same issue: does the stock deserve its software valuation when the company is spending like an infrastructure player? Nasdaq lists premarket hours as 4:00 a.m. to 9:30 a.m. Eastern, and regular hours at 9:30 a.m. to 4:00 p.m. The exchange also marks July 3 as closed for the Independence Day observed holiday. Microsoft’s latest quote put the stock at $372.97, up $20.04 from its last close. With a $2.777 trillion market cap in the same quote, that gain added roughly $149 billion in market value. That figure is about 9.4 times Microsoft’s $15.8 billion in free cash flow for its fiscal third quarter and about 4.7 times its $31.9 billion capital spend for the period.
29 June 2026
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Apple shares hold steady as buyback talk meets AI chip strain

Apple shares hold steady as buyback talk meets AI chip strain

Apple Inc. starts Monday trading facing another hurdle for investors—seeing if its buyback will still help earnings per share as memory costs shift from a supply side problem to one coming out of Washington. Volume tells the story this time. Apple traded at five times its 65-day average turnover on Friday, though the shares had already bounced off a $274.21 low. The stock is still down 4.45% for the week and 7.36% in a month. The recovery hasn’t undone that earlier drop.
29 June 2026
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IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

IREN Limited heads into Monday after five down days in a row. The last trade Friday came in at $47.21 with 50.93 million shares changing hands, the week’s biggest volume. Before Juneteenth, IREN closed at $59.96. That’s a 21.3% drop. Brand spend, not fresh compute sales, led headlines. Golden State and IREN said they’d struck a multi-year partnership, with IREN’s logo set to appear on Warriors jerseys beginning in the 2026-27 season. Fox Business, citing Sportico, put the deal’s value at over $50 million per year, calling it the largest sponsorship deal in North American sports.
29 June 2026
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Asia markets look to Korea, PMIs in the week ahead

Asia markets look to Korea, PMIs in the week ahead

Asian stocks are opening the week with moves that look driven more by balance sheet space than by earnings news. South Korea’s KOSPI stands out: after falling about 7% last week, it’s still up 66% for the quarter and has nearly doubled this year, according to a Reuters snapshot. That split between a sharp drop and a still-high gain puts Seoul in focus as a sign of how much leverage might be left in the AI rally. Asia got little help from global markets. The Philadelphia SE Semiconductor Index slid 7.7% last week, the biggest weekly fall since March 2025. MSCI’s broad Asia ex-Japan index dropped close to 3% on Friday. Mark Hackett, Nationwide’s chief market strategist, called it “a needed and healthy period of consolidation following the historic run since March” and “a dramatic rotation from tech and everything else.”
28 June 2026
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Alphabet (NASDAQ:GOOGL) faces Gemini shortage as Chrome training draws crowds

Alphabet (NASDAQ:GOOGL) faces Gemini shortage as Chrome training draws crowds

MOUNTAIN VIEW, California, June 28, 2026, 08:05 PDT Alphabet Inc. investors looking at a Sunday Fortune interview, also published on Yahoo Finance, might see less career advice and more about product allocation. Arvind Jain, co-founder of Rubrik Inc. and Glean, talked about learning from Sundar Pichai at Google and how some of the best bets can look wrong at first. “You have to think crazy,” Jain told Fortune.
28 June 2026
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Intel (NASDAQ:INTC) edges lower, pulling back from $700 billion mark

Intel (NASDAQ:INTC) edges lower, pulling back from $700 billion mark

Intel Corporation enters the holiday-shortened trading week having slipped under the $700 billion market cap it targeted earlier on Monday. The stock backed off its 52-week high after a steep chip sector selloff. Intel shares finished Friday at $128.32, down 3.42%, then slipped to $127.62 in after-hours trading. On Monday, the stock hit a high of $141.45. That drop puts Intel 9.3% under its intraday high for the week, wiping about $66 billion off its value, based on MarketWatch’s figure of 5.03 billion shares outstanding. Intel’s market cap was $644.94 billion, still $55 billion away from $700 billion.
28 June 2026
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Chevron (NYSE:CVX) Shares Move as Oil Drops and AI Power Pact Lands Before Holiday Week

Chevron (NYSE:CVX) Shares Move as Oil Drops and AI Power Pact Lands Before Holiday Week

Chevron shares are on the defensive as the holiday-shortened week starts, weighed by falling crude prices and a fresh AI data center initiative that sent investors back to their models. Chevron finished Friday at $171.06, down $1.18, or 0.69%, with about 13.1 million shares changing hands. The oil-stock play isn’t clear-cut right now. Chevron remains linked to crude, but it’s also telling investors these power contracts with tech firms could bring in more stable revenue. That’s steadier cash flow, less tied to oil-price moves.
27 June 2026
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AI stocks eye $41 billion tech-fund shift as memory costs hit

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

AI stocks finished the week mixed. Demand numbers were solid, but share prices lagged. Tech funds lost almost $20 billion in outflows for the week ending June 24, reversing $21.46 billion in inflows the previous week, according to LSEG Lipper data via Reuters. That’s a swing of about $41 billion in just one week, before Friday’s big drop in chip stocks.
27 June 2026
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Snowflake (NYSE:SNOW) stock pops 9.7% with trading volume surge

Snowflake (NYSE:SNOW) stock pops 9.7% with trading volume surge

Snowflake Inc. was one of Friday’s outliers in software, closing up 9.65% at $248.96, less than two bucks off its $250 session peak. The stock had traded as low as $222.45 earlier. Volume spiked to 25.59 million shares, or about 303% of its 65-day average. In the after-hours session, Snowflake edged down 0.71% to $247.20 with another 6.9 million shares trading. Volume told the story more than the close. With Snowflake’s quoted $21.90 per-share move and 346.6 million shares out, Friday’s rally worked out to about $7.6 billion in fresh equity value, not adjusting for dilution. That’s roughly 82% of Snowflake’s $9.21 billion in remaining performance obligations as of end of April.
27 June 2026
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Cipher Digital stock volume jumps as Russell rebalance clouds AI data-center signal

Cipher Digital stock volume jumps as Russell rebalance clouds AI data-center signal

Cipher Digital Inc. rose on Friday even as the broader tech tape weakened, but the real story was volume. The data-center developer closed at $25.94, up 1.0%, after trading between $23.80 and $26.13. The Nasdaq Composite lost 0.24%, and chip stocks fell 5.3%. Turnover was the tell. About 44.82 million Cipher shares changed hands, against average volume of 24.37 million. At the close, that was about $1.16 billion of stock, equal to roughly 11% of the company’s $10.61 billion market value.
27 June 2026
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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 Systems, Inc. dropped 4.5% to $113.77 Friday afternoon, down $5.41 a share and wiping out about $21 billion in market cap based on Google Finance’s 3.94 billion shares figure. Cisco’s trading volume hit 50.10 million shares, above the 28.09 million average, according to Google Finance. Valuation is still in focus. KeyBanc’s Jackson Ader kept an Overweight on Cisco Thursday and bumped the target up to $130 from $125, according to GuruFocus. The new target is just 37 cents under Cisco’s 52-week high, leaving about 14% upside from where shares settled Friday.
26 June 2026
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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

U.S. stocks closed a bit down Friday, but the story was in tech funds. Outflows sped up, overshadowing the index’s modest drop. S&P 500 slipped 0.06% to 7,353.21 after the bell, with the Dow Jones Industrial Average edging down 0.09% to 51,873.95. Nasdaq Composite fell 0.24% to 25,297.62. Nasdaq 100 dropped 1.09%, a bigger decline than the broader Nasdaq. Russell 2000 gave up 0.42%.
26 June 2026
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Vertiv (NYSE:VRT) falls, wiping out $8 billion amid questions on AI-infrastructure price

Vertiv (NYSE:VRT) falls, wiping out $8 billion amid questions on AI-infrastructure price

Vertiv Holdings Co slid over 6% on Friday, making what started as a normal retreat in an AI-infrastructure favorite a big loss for the day. Shares changed hands at $304.15 as of 12:49 p.m. EDT, off $21.42 since Thursday’s close, after hitting a session low just above $300. Vertiv’s market cap was close to $119.3 billion at that price. Shares dropped, wiping out around $8.4 billion from its equity value on the day, based on that valuation and share count. That loss is about 82% of the $10.2 billion Vertiv reports as FY2025 revenue.
26 June 2026
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Bloom Energy falls as Russell Top 200 entry shakes up price target debate

Bloom Energy falls as Russell Top 200 entry shakes up price target debate

Bloom Energy Corporation fell 12.4% to $270.88 Friday, slashing back a jump from Thursday’s 52-week high at $351.28. The stock hit $265.11 at its session low, with 8.3 million shares changing hands as of 12:01 p.m. in New York. Bloom’s Russell index move no longer looked like much of a win as the fuel-cell firm came under pressure. Bloom shares gave up big gains from earlier this month. At midday, the stock traded about 23% lower than the high it reached just a day before. Even with the drop, Bloom was still sharply up from last year’s low of $21.52. The move spelled out risk in one of 2026’s biggest AI power trades.
26 June 2026
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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 Limited shares jumped in a single session, driving market value to around $6.06 billion at Thursday’s close, as traders shifted away from seeing it as just a slow software turnaround to playing it as an embedded-AI bet. Google Finance pegged the stock at $10.34 on the close, then $10.05 in Friday’s premarket, off 2.8% from that finish. The scale of the re-rate stands out less. Using Google Finance’s 586.06 million shares count, the $1.71 jump in regular trading put about $1.0 billion onto BlackBerry’s market cap. The company’s updated fiscal 2027 revenue forecast was set at $594 million to $621 million, which is a $10 million increase at the midpoint from the earlier $584 million to $611 million range.
26 June 2026
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Nokia (HEL:NOKIA) shares fall, AI rebound in question with 18 billion euros wiped from June highs

Nokia (HEL:NOKIA) shares fall, AI rebound in question with 18 billion euros wiped from June highs

Nokia Oyj dropped in Helsinki on Friday, extending a slide that’s wiped out about 18 billion euros in market value since its peak in early June. The network equipment maker has continued putting out AI-networking updates to investors during this period. Nokia shares changed hands at 11.740 euros after finishing last at 12.185 euros. Market cap was listed at 66.04 billion euros by Investing.com. Trading on Nasdaq Helsinki was active at the time; exchange hours are 10:00 a.m. to 6:25 p.m. EEST.
26 June 2026
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Oil dip does little for Korea AI stocks stuck with chip cost pressure

Oil dip does little for Korea AI stocks stuck with chip cost pressure

South Korea's AI stocks fell Friday despite some relief in oil prices. Investors faced a split market with lower energy costs but higher memory prices. KOSPI dropped 5.8% after being down as much as 8% earlier, hitting a circuit breaker. Even after Friday’s slide, the index was still up 66% this quarter, the best quarterly gain since 1998. The move shows how far the trade had gone.
26 June 2026
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Bloom Energy (NYSE:BE) trades choppy after Russell Top 200 adds the AI play

Bloom Energy (NYSE:BE) trades choppy after Russell Top 200 adds the AI play

Bloom Energy Corporation slumped sharply late Thursday, and the move was about more than just a single session. The fuel-cell stock will exit the small-cap ranks and join the Russell Top 200, so investors tracking the index have to handle BE as a large-cap now. Bloom was one of the fastest movers in the AI power group. Bloom changed hands last at $309.18 as of 4:48 p.m. EDT, off $17.11, or 5.2%. Shares ranged from $350.88 to $298.05 on the day, a swing of $52.83, about 16% of the previous close. Trading volume was 13.1 million shares.
25 June 2026
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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, Inc. surged Thursday, with a sharp move that stood out for its scale. Shares traded at $652.07, up $63.10, or 10.7%, as of 1:52 p.m. EDT. The jump boosted the company’s equity value by around $50.4 billion, based on the latest market cap and share count. Applied’s rally put it out front for dollar gains against other equipment peers. ASML Holding N.V. U.S. shares added about $29.6 billion in value, Lam Research Corp. rose $23.2 billion and KLA Corp. picked up $2.4 billion.
25 June 2026
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