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Kioxia Shares Surge to Record High on AI-Driven NAND Demand
Kioxia Holdings surged 12.1% to a record high of ¥108,600 on strong profits and AI-driven NAND demand, with investors betting on disciplined supply and long-term data center deals.
AMC Rallies on Box Office Optimism Ahead of 'Toy Story 5' Debut
AMC shares rose 21% to $2.83 ahead of 'Toy Story 5' opening weekend. The rally reflects box office optimism, but debt and dilution remain key risks.
Pfizer CFO Departure Casts Shadow on 2026 Growth Plans
Pfizer shares dropped 2.7% as CFO Dave Denton's departure raises fresh questions about the 2026 forecast and obesity drug pipeline.
Rocket Lab Gains Ahead of Nasdaq-100 Entry After Space Sector Volatility
Rocket Lab shares closed at $107.24 on Thursday, up 4.7% for the week, ahead of its Nasdaq-100 debut Monday. KeyBanc upgraded the stock to Overweight with a $135 target, citing strong revenue growth and a $2.2 billion backlog.
Volkswagen Shares Slide After Ex-Dividend, CEO Blume Warns of Tough Restructuring
Volkswagen preferred shares dropped 4.24% to €80.53 after trading ex-dividend, as CEO Oliver Blume warned of 'critical' years ahead with 50,000 job cuts and €6 billion in annual savings targeted by 2030.
ASML Shares Dip on China Export Restrictions, AI Rally Pauses
ASML shares slipped 0.6% in Amsterdam after the company denied shipping EUV chipmaking tools to China, interrupting an AI-led rally. China's share of sales is expected to fall from 33% to 20% in 2026.
SoFi Rallies 8% Before Juneteenth, CEO Insider Buy and Shareholder Votes Boost Sentiment
SoFi shares gained 8% for the week ending June 18, closing at $17.91, after CEO Anthony Noto bought 13,888 shares and shareholders approved key proposals at the annual meeting.
Grab Gains 8% in Holiday Week on Buyback, Fintech Push
Grab shares surged 8% this week, buoyed by strong earnings, a $500M buyback, and fintech expansion, despite insider sales and regulatory risks.
Marvell Technology Surges on AI Networking Demand and S&P 500 Inclusion
Marvell Technology shares jumped 7.27% to $310.58 following a KeyBanc price target increase and a Tower Semiconductor photonics milestone, with the upcoming S&P 500 inclusion driving investor interest.
Infosys Leads IT Rout After Accenture Cuts Forecast
Infosys dropped 6.5% after Accenture trimmed its fiscal 2026 revenue-growth outlook, dragging the Nifty IT to a three-year low as demand concerns mount.
Flex to Join S&P 500, Spin-Off in Focus
Flex (FLEX) is set to join the S&P 500, with index funds adjusting holdings. The planned AI data-center spin-off remains in focus, subject to regulatory approvals.
Nokia Sheds 9% Ahead of Midsummer Break Despite AI and Patent Wins
Nokia shares fell 9.1% in a shortened Helsinki week, ending at 11.785 euros, as fresh AI, patent, and defense announcements failed to ease investor worries about margins and telecom demand.