Today: 27 June 2026
Snowflake (NYSE:SNOW) stock pops 9.7% with trading volume surge

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

Snowflake soared 9.65% to $248.96 on Friday—adding $7.6 billion in equity value—as investors responded to a 34% jump in product revenue and a 38% surge in remaining performance obligations to $9.21 billion, even as the Nasdaq fell; the stock remains about 11% below the $280 median analyst target after Snowflake raised its annual revenue forecast and AWS deal.
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.

June 2025 AI News Roundup: Breakthroughs, Surprises, and Global Developments

June 2025 AI News Roundup: Breakthroughs, Surprises, and Global Developments

OpenAI CEO Sam Altman said GPT-5 will launch in summer 2025, claiming major improvements over GPT-4. Midjourney released its first text-to-video system, Model V1, in June 2025. Meta delayed LLaMA 4 Behemoth to late 2025 due to performance issues. Google DeepMind introduced Gemini Robotics On-Device, running vision-language-action AI entirely on robots.

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IHG buyback near record highs puts capital-return math in focus

IHG buyback near record highs puts capital-return math in focus

IHG bought back 200,000 shares for $34 million at near-record prices through June 25, shrinking its share count as its London stock closed Friday at $171.55, just 2.4% below its all-time high; this aggressive buyback, part of a new $950 million program, means future per-share growth will rely more on room and fee expansion, with investors eyeing upcoming half-year results on August 11.
Fiserv (NASDAQ:FISV) sees stock lift after CEO surprise

Fiserv (NASDAQ:FISV) sees stock lift after CEO surprise

Fiserv jumped 4.8% for the week, defying market declines after insider buys clustered around $49–$51 and a CEO change; heavy Friday trading set the $49–$50 level as a key test for investor confidence in the shortened trading week, with the stock closing at $49.45—just below the insiders’ average purchase price.
Cisco (NASDAQ:CSCO) drops on volume, hurts Dow

Cisco (NASDAQ:CSCO) drops on volume, hurts Dow

Cisco Systems plunged 4.37% to $113.77 on Friday, wiping out 32 Dow points and trading at more than double average volume as the AI-networking trade cooled sharply; despite record Q3 revenue and raised AI order guidance, the stock ended 12.7% below its 52-week high and faces investor scrutiny on AI order conversion and margins ahead of a shortened holiday week.
Take-Two (NASDAQ:TTWO) holds steady with GTA 6 preorders kicking off

Take-Two (NASDAQ:TTWO) holds steady with GTA 6 preorders kicking off

Take-Two closed nearly flat at $238.53 after GTA VI’s $79.99 price and preorder launch, outperforming the Nasdaq’s 4.6% weekly drop as analysts raised targets on expectations for GTA Online to drive recurring revenue; Bank of America boosted its price target to $368, citing GTA Online’s monetization potential, while recurrent consumer spending now accounts for 78% of Take-Two’s net bookings.
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