London stocks dip as oil surge, weak services data weigh
Markets Daniel Marsh

London stocks dip as oil surge, weak services data weigh

UK equities slipped as rising oil prices and weak services data offset gains from B&M and Howden Joinery.

USO GLD EWU
Intel Faces Market Test After Computex AI Push
Technology Sarah Chen

Intel Faces Market Test After Computex AI Push

Intel shares fell 1.3% to $107.93 in premarket trading after Computex, as the company pitched its AI inference and agentic AI strategy amid fierce competition.

INTC NVDA AMD
BlackBerry Stock Hits 52-Week High on QNX Optimism
Technology Sarah Chen

BlackBerry Stock Hits 52-Week High on QNX Optimism

BlackBerry shares hit a 52-week high after CFO Tim Foote declared the turnaround complete, with QNX driving growth. Earnings on June 25 will test revenue gains.

BB
HPE Rallies on AI Demand, Outlook Boost; Analysts Raise Targets
Earnings James Calloway

HPE Rallies on AI Demand, Outlook Boost; Analysts Raise Targets

HPE jumped 19.5% after raising its fiscal 2026 revenue growth outlook to 29-33% on record Q2 sales. Analysts boosted price targets as AI-driven server and networking demand surged.

HPE DELL SMCI
Marvell Hits Record as Huang's Praise Fuels AI Chip Rally
Technology Sarah Chen

Marvell Hits Record as Huang's Praise Fuels AI Chip Rally

Marvell Technology shares surged 32.5% to a record after Nvidia CEO Jensen Huang called it the next trillion-dollar company, driving a broader chip rally. The stock now trades near 100 times earnings, with high expectations for AI-driven growth.

MRVL NVDA AVGO
Nubank Stock Tumbles on CFO Change and Credit Quality Fears
Markets Daniel Marsh

Nubank Stock Tumbles on CFO Change and Credit Quality Fears

Nu Holdings shares dropped 8.16% after the company named former Visa executive Rob Livingston as CFO and BofA Securities downgraded the stock, highlighting credit quality risks.

NU
Laser Photonics Stock Surges on Anti-Drone Evaluation, Listing Risk Looms
Markets Daniel Marsh

Laser Photonics Stock Surges on Anti-Drone Evaluation, Listing Risk Looms

Laser Photonics shares soared 161% Tuesday and another 27% premarket after its Laser Shield Anti-Drone system was chosen for a defense technical exchange, but the news is an evaluation milestone, not a contract, and a Nasdaq filing issue still threatens its listing.

LASE
Nvidia's Market Cap Nears $5.4 Trillion as Marvell Surges on AI Endorsement
Technology Sarah Chen

Nvidia's Market Cap Nears $5.4 Trillion as Marvell Surges on AI Endorsement

Nvidia shares eased in premarket trading Wednesday, pausing after recent AI-driven gains, as Marvell Technology surged following CEO Jensen Huang's endorsement. Investors await Broadcom results and key economic data.

NVDA MRVL AVGO MSFT QCOM
Microsoft Unveils Own AI Reasoning Model to Reduce OpenAI Reliance
Technology Sarah Chen

Microsoft Unveils Own AI Reasoning Model to Reduce OpenAI Reliance

Microsoft introduced its first AI reasoning model, MAI-Thinking-1, at Build 2026, signaling a strategic pivot to lessen reliance on OpenAI as it gears up for its IPO.

MSFT GOOGL AMZN META AI
AI Chip Boom Fuels Record Highs, but After-Hours Trading Stays Flat
Markets Daniel Marsh

AI Chip Boom Fuels Record Highs, but After-Hours Trading Stays Flat

U.S. stocks closed at records driven by AI hardware, but after-hours action was quiet. HPE surged on strong earnings, while job openings jumped.

HPE MRVL AVGO NVDA TSLA PANW GOOGL SPY QQQ DIA IWM
Snap Shares Fall as Market Rises, Turnaround Doubts Linger
Technology Sarah Chen

Snap Shares Fall as Market Rises, Turnaround Doubts Linger

Snap Inc. shares fell 1.5% to $5.76, lagging the broader market, as investors question the turnaround amid sluggish ad growth and upcoming Specs update.

SNAP
Infleqtion Surges on UK Quantum Expansion and Sponsorship Deal
Technology Sarah Chen

Infleqtion Surges on UK Quantum Expansion and Sponsorship Deal

Infleqtion shares surged 12.4% on Tuesday after unveiling a Gold Sponsorship of Quantum Fringe 2026 and new UK quantum collaborations, outpacing sector peers.

IONQ RGTI