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Bank of America Digital Outage Disrupts Customer Access, Poses Reputational Risk
A Bank of America digital banking outage on Saturday left over 5,000 customers unable to log in, highlighting the risks of heavy digital reliance for the bank's 59 million users.
GM Stock Slips as Lockheed Defense Deal and USMCA Talks Loom
GM closed at $79.29, down 2.7% for the holiday-shortened week, as a new defense pact with Lockheed Martin failed to offset trade risks and lack of contract details.
Joby Aviation Ends Short Week at $10, Rally Faces Key Test After Break
Joby Aviation surged 6.5% to $10.00 in a shortened trading week, up 9.3% since June 12. The rally faces a critical test after the break as investors watch FAA milestones and execution risks.
Nuclear Power Surge: Constellation Energy Rides AI Data Center Wave
Constellation Energy rallied 8.0% this week after a federal mandate to accelerate grid connections for AI data centers, but the stock remains 33.6% below its peak as the market awaits tangible revenue from the AI power demand narrative.
Broadcom Stock Rebounds Amid AI Chip Debate, Debt Buyback
Broadcom shares rebounded 4.7% to $411.35, recovering from a post-earnings selloff, as the market digests AI chip growth, missed revenue estimates, and a $3 billion debt buyback.
Memory Chip Squeeze Pressures Apple Prices, Goldman Cuts Forecasts
Goldman Sachs cuts 2026-27 smartphone forecasts as memory costs surge. Apple plans price hikes, with Micron's earnings seen as a key test for the chip rally.
Cerebras Faces Earnings Test After Stock Recovery
Cerebras Systems shares rose 9.85% to $234.71 in a holiday-shortened week, still well below its $350 debut. First-quarter earnings due June 23 will test if AI chip hype translates into real revenue.
GE Aerospace Surges 6.7% in Shortened Week Ahead of Key Earnings Report
GE Aerospace shares rose 6.7% to $357.64 in a shortened week, beating the S&P 500 and Nasdaq, as the market awaits July 16 earnings for signs of sustained aftermarket strength.
Roblox Rebounds on Engagement Growth, Safety Measures in Focus
Roblox shares jumped 7.31% to $51.53, extending a 19% rebound as engagement rose for a third week, driven by 'Grow a Garden 2' and Russia's return. New safety controls are under scrutiny.
Dell Stock Rises in Holiday-Shortened Week, AI Server Demand Drives Momentum
Dell closed at $409.50 on June 18, up ~3.5% from June 12, as investors focus on its booming AI server business after record Q1 results and raised fiscal 2027 outlook.
Palantir Faces European Headwind as France Pushes for Local Tech
Palantir shares closed at $128.47, down 1.65%, as France's DGSI shifts to ChapsVision, threatening European government contracts despite strong U.S. revenue growth.
Applied Digital Shares Rise on $1.59B Funding for AI Campus Buildout
Applied Digital shares ended a holiday-shortened week up 9.1% after securing $1.59 billion in funding for its Polaris Forge 1 AI data-center campus, as the market weighs rapid buildout against debt.