Tesla Shares Rally on China Sales Rebound, Robotaxi Progress in Focus
Technology Sarah Chen

Tesla Shares Rally on China Sales Rebound, Robotaxi Progress in Focus

Tesla shares rallied on a strong rebound in China retail sales, but the stock faces a test as U.S. inflation data and the small size of its robotaxi fleet loom.

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Micron Stock Edges Higher as AI Memory Demand Fuels Optimism Ahead of Earnings
Technology Sarah Chen

Micron Stock Edges Higher as AI Memory Demand Fuels Optimism Ahead of Earnings

Micron shares gained 3.77% in premarket trading as analysts raised targets on strong AI-driven HBM demand. The company's fiscal Q3 earnings on June 24 will test if the memory cycle shift is sustainable.

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Cerebras Surges on Bullish Analyst Coverage, AI Chip Demand in Focus
IPO Michael Okonkwo

Cerebras Surges on Bullish Analyst Coverage, AI Chip Demand in Focus

Cerebras Systems surged 18% Monday after at least nine Wall Street banks initiated coverage with bullish ratings, spotlighting the AI-chip maker's rapid rise as a test of AI hardware demand beyond Nvidia.

NVDA AMD AMZN
Nu Holdings Shares Edge Higher on $1B Buyback, Credit Worries Linger
Markets Daniel Marsh

Nu Holdings Shares Edge Higher on $1B Buyback, Credit Worries Linger

Nu Holdings shares edged up 0.7% in pre-market trading Tuesday, recovering slightly from Monday's 3.1% drop, as investors weighed a $1 billion buyback against ongoing concerns over credit costs, margin compression, and a CFO transition.

NU
Keel Infrastructure Stock Rises on $400M AI Data Center Convertible Note Deal
Markets Daniel Marsh

Keel Infrastructure Stock Rises on $400M AI Data Center Convertible Note Deal

Keel Infrastructure shares rose 3.18% premarket to $5.84 after upsizing its convertible note offering to $400 million to fund AI data center pivot.

BITF
Apple Stock Slips as Siri AI Overhaul Leaves Investors Questioning Revenue Path
Technology Sarah Chen

Apple Stock Slips as Siri AI Overhaul Leaves Investors Questioning Revenue Path

Apple shares dropped 1.9% to $301.54 after WWDC, with further premarket declines as investors weigh Siri AI's revenue potential and regulatory hurdles.

AAPL GOOGL NVDA
Tech Futures Climb as Investors Eye Key Inflation Data
Markets Daniel Marsh

Tech Futures Climb as Investors Eye Key Inflation Data

Nasdaq 100 futures gained 0.76% premarket as buyers returned to tech stocks, but looming May CPI data could challenge the recovery if inflation runs hot.

AAPL NVDA ORCL
Qualcomm Jumps on Nvidia CEO Praise, Bullish JPM Target
Technology Sarah Chen

Qualcomm Jumps on Nvidia CEO Praise, Bullish JPM Target

Qualcomm shares rose 3.3% in premarket trading after Nvidia CEO Jensen Huang praised the company and JPMorgan raised its price target to $265, ahead of its June 24 investor day.

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Applied Digital Shares Surge on $5.2B AI Data Center Lease Deal
Markets Daniel Marsh

Applied Digital Shares Surge on $5.2B AI Data Center Lease Deal

Applied Digital shares rose 8.7% after-hours after signing a 15-year, $5.2 billion lease for its Delta Forge 2 AI data center, lifting total contracted lease revenue to $36 billion.

APLD
Nokia Stock Slips As AI 5G Deals Fail To Impress Investors
Markets Daniel Marsh

Nokia Stock Slips As AI 5G Deals Fail To Impress Investors

Nokia shares slipped 0.66% in Helsinki trading as investors weighed new AI 5G network deals and a DDoS security launch, but lacked disclosed financial terms.

SoFi Holds Steady After Strong Q1, Analysts Eye Rate Risks
Markets Daniel Marsh

SoFi Holds Steady After Strong Q1, Analysts Eye Rate Risks

SoFi shares held at $16.50 after a 2.9% Monday gain, buoyed by record Q1 results. Focus now on pre-market action and analyst views on rate and credit risks.

SOFI UPST HOOD LC
Marvell Technology Gains on S&P 500 Inclusion, AI Tailwinds, and Nvidia Partnership
Technology Sarah Chen

Marvell Technology Gains on S&P 500 Inclusion, AI Tailwinds, and Nvidia Partnership

Marvell Technology shares surged 9.6% to $288.85 after being added to the S&P 500, extending a 59% rally since May 27, driven by record revenue and AI demand.

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