AmpliTech Surges 27% as 5G Radio Passes Open-RAN Interoperability Test
Technology Sarah Chen

AmpliTech Surges 27% as 5G Radio Passes Open-RAN Interoperability Test

AmpliTech shares surged 27% after its 64T64R massive-MIMO radio was the only device of its kind tested at O-RAN Alliance PlugFest, though no purchase orders were announced.

AMPG
T1 Energy Slides on KORE Power Deal's Dilution Risk
Markets Daniel Marsh

T1 Energy Slides on KORE Power Deal's Dilution Risk

T1 Energy shares dropped 3.2% to $9.13 after an SEC filing disclosed up to $24.7 million in stock-based payments for its $32 million KORE Power acquisition, spotlighting dilution risks.

KORE FSLR CSIQ
OpenAI Files for IPO as AI Race Intensifies
IPO Michael Okonkwo

OpenAI Files for IPO as AI Race Intensifies

OpenAI has confidentially filed for an IPO, with key financials hidden until the S-1 goes public. The move comes amid rising AI competition and infrastructure costs.

AMZN NVDA MSFT GOOGL
Chip Rebound Eases VIX Spike; Intel Surges on Google Order
Markets Daniel Marsh

Chip Rebound Eases VIX Spike; Intel Surges on Google Order

The VIX dropped 12% to 18.92 as chip stocks rebounded sharply, led by Intel's 11.2% surge on a Google order, clawing back part of Friday's $1.3 trillion rout.

INTC MRVL AMD NVDA AVGO MU
Cummins Shares Surge After UBS Upgrade on AI Data Center Demand
Markets Daniel Marsh

Cummins Shares Surge After UBS Upgrade on AI Data Center Demand

UBS upgraded Cummins to Buy and raised its target to $850, citing surging AI data center backup power demand and a stronger North American truck cycle.

CMI CAT
UiPath Shares Dip as Analysts Seek Faster AI Revenue Growth
Earnings James Calloway

UiPath Shares Dip as Analysts Seek Faster AI Revenue Growth

UiPath shares slipped 0.7% to $11.17 after a solid fiscal first quarter, as investor focus shifted to modest ARR growth and cautious analyst outlooks.

PATH MSFT NOW QQQ SPY
IREN Stock Climbs 9% on Bitcoin Bounce and $4.4 Billion AI Data Center Expansion
Crypto Sarah Chen

IREN Stock Climbs 9% on Bitcoin Bounce and $4.4 Billion AI Data Center Expansion

IREN shares surged 9% to $59.19 as investors returned to crypto and AI stocks, buoyed by a $3.65 billion GPU financing facility and a new 800MW data center project in Australia.

IREN MARA RIOT MSFT DELL
SmartKem Surges 100% on SRx Health Stake, Listing Peril Looms
Markets Daniel Marsh

SmartKem Surges 100% on SRx Health Stake, Listing Peril Looms

SmartKem shares doubled after SRx Health Solutions announced a 4.99% stake and convertible preferred securities, offering a lifeline as the company faces a September 1 Nasdaq delisting deadline.

SMTK
Texxon Shares Surge 284% in Wild Trading Session, Halted Six Times
Markets Daniel Marsh

Texxon Shares Surge 284% in Wild Trading Session, Halted Six Times

Texxon shares surged 284% to $4.95, briefly hitting $12, with six trading halts. Volume exceeded 141 million shares, six times outstanding. The company warned of sharp, non-fundamental price swings.

NPT
June 10 Social Security Payments Arrive Amid Looming Trust Fund Crisis
Economy Daniel Marsh

June 10 Social Security Payments Arrive Amid Looming Trust Fund Crisis

Social Security payments for June 10 are being distributed, but a report warns of a 24% benefit cut by 2032 if the trust fund is depleted.

SPY
IonQ Surges as Quantinuum IPO Sets New Benchmark for Quantum Stocks
Technology Sarah Chen

IonQ Surges as Quantinuum IPO Sets New Benchmark for Quantum Stocks

IonQ surged 10.5% on Monday, outpacing quantum rivals, as Quantinuum's $1.68 billion IPO gave investors a new yardstick for trapped-ion quantum valuations.

IONQ QNTM QBTS QUBT QQQ
Snap Stock Slips Despite Credit Upgrade as Ad Market Woes Persist
Markets Daniel Marsh

Snap Stock Slips Despite Credit Upgrade as Ad Market Woes Persist

Snap shares fell 2.1% to $5.64 on Monday, failing to join a broader tech rally, as market doubts about its ad business resilience persist despite a recent credit upgrade.

SNAP PINS META GOOGL