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Tech Selloff Drags US Futures Lower; South Korea's KOSPI Plunges 10%
US stock futures fell sharply Tuesday as a tech selloff erased optimism over US-Iran talks. South Korea's KOSPI plunged nearly 10% on regulatory ETF warnings.
Amazon Shares Slide Ahead of Prime Day Amid AI Spending Anxiety
Amazon shares dropped 4.75% to $232.79 on Monday as investors questioned AI spending returns ahead of Prime Day, with Bank of America projecting $21.6 billion in sales.
Keel Infrastructure Hits 52-Week High on AI Data Center Hopes
Keel Infrastructure Corp. shares rose 5.9% to a 52-week high, driven by AI data center lease potential, with key catalysts including permits, construction, and index inclusion.
Nokia Surges on Expanded Google Cloud AI Partnership
Nokia shares surged after announcing an expanded AI network-software partnership with Google Cloud, integrating Gemini AI into network management tools, with SaaS launch set for September.
Dominion Energy Navigates $67 Billion Data Center Demand and NextEra Deal
Dominion Energy shares hover near a 52-week high as investors weigh surging Virginia data-center power demand and the pending NextEra takeover, with the stock closing at $68.04.
Micron Hits Record High on AI Memory Deal Ahead of Earnings Report
Micron Technology shares hit a record high of $1,211.38 after announcing a supply and investment deal with Anthropic, as AI memory demand drives the rally ahead of earnings.
Infleqtion Stock Surges on Quantum Space Coalition and White House Policy Boost
Infleqtion shares jumped 5% to $14.21 after launching a quantum-space coalition, as a White House order accelerated U.S. quantum tech plans.
Nexentis Shares Surge 156% on AI Drug Discovery Pact, Then Retreat
Nexentis shares skyrocketed 156% after announcing an AI drug discovery deal and a $2.9 million stock-and-warrant offering, but declined 26% in after-hours trading amid dilution concerns.
Grab Shares Extend Slide Amid Profitability Concerns Despite Q1 Growth
Grab shares slipped 2.24% to $3.49, continuing their 30% year-to-date decline, despite a 24% revenue jump and record EBITDA in Q1, as worries about driver incentives and fuel costs persist.
Tesla Rises Amid Nasdaq Slide, Robotaxi Hopes Drive Gains
Tesla shares rose 1.14% to $405.05 Monday, defying a Nasdaq drop, as investor focus on robotaxis and AI outweighed a Jefferies price target cut and a new safety probe.
