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Wolfspeed Surges 18% Then Files Share Resale, Testing AI Chip Rally
Technology Sarah Chen

Wolfspeed Surges 18% Then Files Share Resale, Testing AI Chip Rally

Wolfspeed shares surged 18% before filing to register 24 million shares for resale, raising dilution concerns. The silicon carbide chipmaker's AI-driven rally faces a test when markets reopen.

WOLF GE ON NVTS
Bloom Energy Hits Record High on FERC’s AI Power Demand Boost
Markets Daniel Marsh

Bloom Energy Hits Record High on FERC’s AI Power Demand Boost

Bloom Energy shares surged 15.4% to a record $328.91 after FERC ordered faster grid rules for data centers, boosting AI power demand. UBS is bullish, but Bernstein warns of limited upside.

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SoFi CEO Insider Buy Boosts Stock Amid Fintech Rally
Markets Daniel Marsh

SoFi CEO Insider Buy Boosts Stock Amid Fintech Rally

SoFi shares closed 2.8% higher at $17.91 after CEO Anthony Noto bought 13,888 shares. The fintech sector rallied, but the company kept its 2026 revenue forecast unchanged.

SOFI HOOD AFRM UPST
Flex Jumps 3% on S&P 500 Inclusion as AI Data Center Focus Boosts Appeal
Markets Daniel Marsh

Flex Jumps 3% on S&P 500 Inclusion as AI Data Center Focus Boosts Appeal

Flex shares rose 3% to $147.61 as investors positioned for its S&P 500 debut, highlighting its AI data center focus and planned cloud spin-off.

FLEX MRVL JBL CLS TTMI
American Airlines Gains 3.7% as Oil Retreats, Fuel Costs in Focus
Markets Daniel Marsh

American Airlines Gains 3.7% as Oil Retreats, Fuel Costs in Focus

American Airlines (AAL) surged 3.7% to $15.99 on heavy volume as easing oil prices fueled a travel stock rally before the Juneteenth break. The move hinges on fuel relief and demand.

AAL UAL DAL
Take-Two Stock Jumps on GTA VI Preorder Announcement
Markets Daniel Marsh

Take-Two Stock Jumps on GTA VI Preorder Announcement

Take-Two shares rose 4.93% to $239.28 after Rockstar set GTA VI preorders for June 25, reassuring investors the Nov. 19 launch remains on track.

TTWO
FuelCell Energy Surges on AI Data Center Power Pipeline Hopes
Technology Sarah Chen

FuelCell Energy Surges on AI Data Center Power Pipeline Hopes

FuelCell Energy shares soared nearly 20% as traders focus on its AI data center power pipeline, though revenue dropped and losses widened.

FCEL BE PLUG BLDP
Intel Hits Record High on Apple Chip Deal Hopes
Technology Sarah Chen

Intel Hits Record High on Apple Chip Deal Hopes

Intel shares soared to a record high after Trump said Apple will work with Intel on US chip design and production, a potential boost for Intel's foundry business.

INTC AAPL AMD NVDA TSM
Nvidia Shares Climb 3% as AI Demand Broadens Beyond US Hyperscalers
Technology Sarah Chen

Nvidia Shares Climb 3% as AI Demand Broadens Beyond US Hyperscalers

Nvidia closed up 2.8% near $210 after a $25 billion bond sale and 85% revenue jump, as European AI projects signal broadening demand beyond US cloud giants.

NVDA INTC MU AMD IBM
SpaceX Shares Stabilize After Sharp Decline, Index Inclusion in Focus
IPO Michael Okonkwo

SpaceX Shares Stabilize After Sharp Decline, Index Inclusion in Focus

SpaceX shares ended Thursday nearly flat at $185, recovering from a 10% intraday drop, as traders eye index inclusion and a possible $20 billion bond offering.

AT&T Stock Dips Despite Strong Fiber Results, CFO Transition
Markets Daniel Marsh

AT&T Stock Dips Despite Strong Fiber Results, CFO Transition

AT&T stock slipped nearly 2% to $22.01 despite strong fiber wins and a planned CFO succession, as the market demands clearer evidence of subscriber growth and cash flow.

T VZ TMUS
Marvell Soars on Amazon AI Chip Expansion, S&P 500 Entry
Markets Daniel Marsh

Marvell Soars on Amazon AI Chip Expansion, S&P 500 Entry

Marvell Technology jumped 7.27% on reports Amazon Web Services may sell its Trainium AI chips to third parties, boosting Marvell's networking prospects. KeyBanc raised its price target to $385, and Marvell joins the S&P 500 on June 22.

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