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Ford Shares Drop in Premarket as Wall Street Tempers AI Battery Optimism
Ford stock slipped 4.64% Monday to $16.63, trimming May's rally as Wall Street voices caution on the AI battery premium. Analysts flag execution risks despite Ford Energy's potential $3 billion revenue from a new EDF storage pact.
Supreme Court Seeks Trump Admin View on Robinhood IPO Lawsuit
The Supreme Court seeks the Trump administration's opinion on Robinhood's appeal to dismiss an investor lawsuit over alleged incomplete IPO disclosures, with implications for financial reporting rules.
BigBear.ai Stock Faces Key Resistance After Best Week in 8 Months
BigBear.ai shares slipped premarket after a 5.95% Monday gain, following the best weekly performance in 8 months. The stock faces a critical test at $5.40 resistance as investors assess the Panama logistics deal and mixed financials.
Micron Hits $1 Trillion Market Cap as AI Memory Demand Drives Analyst Upgrades
Micron Technology stock surged above $1,000, reaching a $1.18 trillion market cap, as multiple analysts raised price targets on strong AI-driven demand for high-bandwidth memory and tight supply.
Amazon's Satellite Internet Nears Commercial Launch, BofA Says
Bank of America maintains a Buy rating on Amazon with a $310 price target, citing the imminent first revenue from its Leo satellite network, which now has 331 satellites deployed.
Nebius Hits Record High on Nvidia Praise and Major Stake
Nebius shares hit a record high of $264.51 after Nvidia CEO Jensen Huang called it a 'world-class AI cloud' and a major AI fund disclosed a 5.6% stake, with strong Q1 revenue and a $20-25B capex plan.
XRP Slumps Beneath $1.30 as Bitcoin Weakness Triggers Broader Crypto Sell-Off
XRP dropped below $1.30 to 15-week lows as bitcoin's decline sparked broad selling. Record exchange flows and $1.67B in fund outflows were offset by $20.3M in XRP inflows.
Arm's AI Chip Revenue Target Nears as Demand Surges Beyond Expectations
Arm CEO Rene Haas says demand for its AI data-center CPU is outpacing forecasts, with customers like ByteDance and Oracle. Shares jumped 15.73% to an all-time high as Nvidia launched an Arm-based PC chip.
Sivers Rockets 65% on GlobalFoundries AI Photonics Pact
Sivers Semiconductors shares surged 65% in Stockholm after announcing its lasers will be used in GlobalFoundries' silicon-photonics designs for AI data-center optical links.
Mueller Industries Announces 2-for-1 Stock Split After Record First Quarter
Mueller Industries will execute a 2-for-1 stock split on July 1, 2026, after posting record first-quarter earnings. The split doubles outstanding shares to 221.1 million.