Latest News
Alphabet Stock Slips on $84.75B Equity Raise for AI Spend
Alphabet shares fell 0.7% premarket as investors reacted to its $84.75B equity raise, anchored by a $10B Berkshire Hathaway investment, to fund AI infrastructure. 2026 capex is forecast at $180-$190B.
Strategy Inc.'s Minor Bitcoin Sale Sparks Major Market Jitters
A small Bitcoin sale by Strategy Inc. sent Bitcoin down 6.7% and raised fears about the firm's commitment to holding Bitcoin.
IREN Shares Slide on Australia Data Center Expansion Despite Major Contracts
IREN shares dropped 5.8% in premarket trading after announcing an 800MW Australian data center, despite a $3.65B GPU financing deal and contracts with Microsoft and Nvidia.
SanDisk Slips as AI Chip Selloff Tempers Record Rally
SanDisk shares slipped 5.7% premarket after a record close, as a selloff in AI chip stocks hit sentiment. The stock is up 672% YTD, but risks from 'chipflation' and policy pressure loom.
Plug Power Shares Dip on Tax Credit Sale, Cash Burn Concerns
Plug Power shares slid 2.7% premarket Thursday after a $39.2 million tax-credit sale, as analysts hold cautious views on ongoing cash burn and market volatility.
Trader Joe's Mini Tote Returns Amid Trademark Lawsuit
Trader Joe's will release a new $2.99 striped mini canvas tote on June 17, concurrent with a federal trademark lawsuit against logistics firms for allegedly facilitating counterfeit sales.
Dollar General Boosts Outlook as Higher-Income Shoppers Seek Value
Dollar General raised its annual profit forecast after Q1 earnings and margins topped estimates, boosted by increased traffic from higher-income shoppers seeking value amid $4+ gas prices.
BURU Stock Gains on Defense Shift and New Telecom Orders
Nuburu shares rose 8% premarket to $0.1841 after its Orbit unit reported $240,000 in telecom-infrastructure orders and $825,000 in potential pipeline, but the stock remains high-risk as NYSE American compliance and financing challenges persist.
Veeva Systems Beats Q1 Estimates, Lifts Forecast; Shares Slip on AI and Competition Concerns
Veeva Systems beat Q1 estimates and raised its full-year outlook, but shares dipped 2.5% on ongoing concerns about AI monetization, services growth, and competitive pressures.
Nasdaq Futures Dip as Broadcom's AI Revenue Miss Hits Tech Sentiment
Broadcom's disappointing quarterly revenue and AI outlook sent its shares down 12% premarket, dragging Nasdaq 100 futures lower as investors reassess lofty tech expectations.
SoFi Stock Slides on AI Optimism Fade, Muddy Waters Overhang
SoFi shares dropped nearly 6% Wednesday, erasing last week's gains from its AI coach and stablecoin launches, as investors weigh product potential against market headwinds and short-seller risks.
American Airlines Reduces Flights, Stock Falls on Fuel Cost Concerns
American Airlines shares dropped 2.6% after cutting late-summer flights due to higher fuel costs. CEO Robert Isom kept a lowered 2026 profit outlook and warned of risks to demand and liquidity.