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Keel Infrastructure Stock Gains 3.8% After $458M Convertible Note Close for AI Data Centers
Keel Infrastructure shares rose 3.81% premarket after closing a $458 million convertible-note deal for AI data center projects, raising dilution risks if shares exceed the $7.41 conversion price. Investors now await customer signings at key sites.
Gold Prices Near ₹1 Lakh in Chennai as Fed Rate Jitters Cap Recovery
Chennai gold prices dropped to ₹1,08,000 per eight-gram sovereign, approaching the ₹1 lakh level, as U.S. inflation data and Fed rate hike concerns limited global gold's rebound from a six-month low.
Clover Health Surges as CMS Upgrade Boosts 2027 Outlook
Clover Health surged after CMS upgraded its main Medicare Advantage PPO contract to 4.5 stars, unlocking higher 2027 quality bonus payments. The stock jumped 14% to $4.89.
Pop Culture Group Rockets 322% on Revenue Surge, Bitcoin Losses Curb Gains
CPOP surged 322% to $1.52 after half-year revenue rose 65% to $68.9 million, driven by digital entertainment. Net profit dropped as Bitcoin and securities losses weighed.
Micron Drops Again as AI Memory Rally Faces Headwinds
Micron shares fell 4.7% amid a broad selloff in AI chip stocks, even as the company named Bechtel for its New York memory-fab project. The market now looks to the June 24 earnings report for validation.
Fermi Shares Leap on OpenAI Data Center Speculation, Project Matador in Focus
Fermi shares jumped 22.6% to $6.89 after a report that OpenAI may lease a 10-gigawatt Ohio data center with Nvidia support, boosting optimism for Fermi's Project Matador.
Marvell Stock Bounces as S&P 500 Entry Nears, AI Rally Faces Valuation Test
Marvell shares rebounded 3.16% premarket after a 5.35% drop, as investors weigh the upcoming S&P 500 inclusion against valuation concerns following a 261% yearlong AI-driven rally.
Oracle's AI Data Center Spend Weighs on Stock Despite Record Cloud Backlog
Oracle shares dropped 8.9% after hours as investors reacted to the company's plan to raise $40B for AI data centers, despite record revenue and a $638B backlog.
MoneySimpler Enters Crowded AI Crypto Trading Bot Market
MoneySimpler launches an AI-driven trading platform for retail users, integrating crypto, forex, and equities. The move intensifies competition as vendors focus on AI features, but audited returns and user data remain undisclosed.