Latest Stock Market News — Page 451

Technology Jul 6 Sarah Chen

TeraWulf's Anthropic Lease Sets New Benchmark for AI Data Center Pricing

TeraWulf's 20-year lease with Anthropic for a 401 MW AI campus in Kentucky brings $19 billion in revenue and sets a new benchmark at $2.37 million per MW per year.

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Earnings Jul 6 James Calloway

Alphabet's Cloud Backlog Surges Past $460 Billion, Capex Under Scrutiny

Alphabet's cloud backlog has surged past $460 billion, far exceeding its annualized cloud run-rate. The company's 2026 capex guide of $185 billion midpoint has investors closely watching capital spending conversion.

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Markets Jul 6 Daniel Marsh

Plug Power's Cash Burn Nears Revenue as Shares Hold Steady

Plug Power's Q1 operating cash burn of $150M nearly matched its $163.5M revenue, as shares hover near $2.64. The company pushes for margin recovery with a $8B project pipeline.

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Earnings Jul 6 James Calloway

Tesla Shares Edge Up After Q2 Delivery Beat Signals Inventory Drawdown

Tesla shares rose 1.13% in premarket trading after Q2 deliveries topped production by 28,368 cars, suggesting an inventory drawdown. Analysts are watching for margin impact ahead of earnings.

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Technology Jul 6 Sarah Chen

Broadcom Stock Surges on Extended Chip Supply Agreement with Apple Through 2031

Broadcom shares climbed in premarket trading after announcing a six-year extension of its chip supply agreement with Apple, covering custom silicon and RF components.

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Technology Jul 6 Sarah Chen

Oracle Stock Rebounds as AI Order Backlog Surpasses Market Cap

Oracle shares bounce 2.6% premarket after a 24% nine-day slide. The $638 billion AI backlog now exceeds the $408.5 billion market cap, but negative free cash flow and heavy spending raise concerns.

ORCL

Markets Jul 6 Daniel Marsh

Trump Accounts Launch Triggers Major ETF Inflow for Wall Street

The Trump Accounts app launched on July 4, with initial flows into State Street's SPDR Portfolio S&P 500 ETF, signaling an $8 billion test for Wall Street's ETF ecosystem.

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Markets Jul 6 Daniel Marsh

Western Digital Rebounds in Premarket Amid Divergent Analyst Views

Western Digital shares climbed 4.26% in premarket trading after a 9.92% drop, as analysts issued new bullish targets amid a wide range of views on AI storage demand.

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Markets Jul 6 Daniel Marsh

Rocket Lab Nears Deal Collar as Iridium Merger Focuses on VWAP

Rocket Lab premarket at $100.46, Iridium at $53.75, just under $54 deal price. Merger terms depend on RKLB VWAP within the collar. Iridium's $871.7M revenue could transform Rocket Lab's financials.

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Markets Jul 6 Daniel Marsh

Apple's $209B value surge overshadows foldable iPhone sales forecasts

Apple's single-session $209B market cap gain dwarfs the top end of foldable iPhone revenue forecasts for the second half of 2026, raising questions about valuation.

AAPL

Markets Jul 6 Daniel Marsh

Rivian Faces Steep H2 Delivery Hurdle as R2 Momentum Wanes

Rivian's stock holds gains after a Q2 delivery beat and raised 2026 target, but the path to the new midpoint requires an 84% surge in H2 deliveries.

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IPO Jul 6 Michael Okonkwo

SK Hynix launches $28B Nasdaq ADR to fuel AI memory expansion

SK Hynix (KRX:000660) kicked off a $28.1 billion Nasdaq ADR sale to fund 77% of its $55.9 trillion won AI memory capex, with shares starting Friday.

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