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Amazon Expands Trainium AI Chip Strategy Beyond AWS
2026 Jun 18, 1:08pm | 1041Read More...Amazon.com Inc. (NASDAQ:AMZN) stock rose on Thursday as investors returned to mega-cap technology stocks and reacted to a report that the company is exploring sales of its custom artificial intelligence chips outside Amazon Web Services. The Nasdaq Composite gained 2.3%, while the S&P 500...
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Adobe Brings Creative AI Agent To Photoshop, Premiere, Illustrator
2026 Jun 18, 12:35pm | 799Read More...Adobe Inc. (NASDAQ:ADBE) on Thursday unveiled a major expansion of its creative agent across Firefly and Creative Cloud applications. This news comes as S&P 500 futures are gaining 0.6%, contributing to a positive tone in the broader market. • Adobe stock is at significant support. Why...
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Nasdaq 100 Rallies, Oil Sinks To $75 On Iran Peace Deal: Stock Market Today
2026 Jun 18, 12:33pm | 2186Read More...U.S. stocks rebounded Thursday, led by a sharp rally in semiconductors, as a signed U.S.-Iran peace deal sent oil tumbling and an Intel-Apple chip manufacturing pact lit a fire under technology shares. The rebound came one day after stocks slumped when the Federal Reserve – in Kevin Warsh‘s...
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Take Chips Off The Table Before AI Trade Turns, UBS Warns
2026 Jun 18, 12:00pm | 725Read More...The UBS Group's trading desk sent a warning to clients late Wednesday, urging investors to “reduce risk meaningfully” in tech stocks as the AI trade grows increasingly crowded. The bank’s traders flagged a troubling shift in how markets are pricing AI-related names, particularly...
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GTA 6 Preorder Announcement Crushes Delay Fears—And Sends Take-Two Stock Flying
2026 Jun 18, 11:51am | 545Read More...Take-Two Interactive Software Inc. (NASDAQ:TTWO) stock rose in Thursday’s trading after Rockstar Games announced that digital and retail preorders for Grand Theft Auto VI will open on June 25, reinforcing investor confidence that the highly anticipated title remains on track for its Nov. 19,...
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FDA Expands Merck Pneumococcal Shot Label To Include At-Risk Children And Teens
2026 Jun 18, 11:29am | 499Read More...The U.S. FDA on Thursday approved an expanded indication for Merck & Co Inc.’s (NYSE:MRK) Capvaxive, extending its use to children and adolescents ages 2–17 with chronic conditions who have completed a primary pneumococcal vaccine series. The decision makes Capvaxive the only pneumococcal...
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Pentagon Bets $725M On Energy Fuels — 5 Rare Earth Stocks To Watch
2026 Jun 18, 11:26am | 908Read More...The Department of Defense’s Office of Strategic Capital on Thursday announced a $725 million conditional loan commitment with Energy Fuels Inc. (AMEX:UUUU) to expand domestic rare earth processing at its White Mesa Mill in Utah and fund a new rare earth metals and alloy facility in the U.S....
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Biogen To Acquire RayThera For Up To $1 Billion, Expanding Immunology Pipeline
2026 Jun 18, 11:07am | 565Read More...Biogen Inc. (NASDAQ:BIIB) on Wednesday agreed to acquire private biotechnology company RayThera Inc. for up to $1 billion. The company looks to further expand its immunology pipeline and broaden its reach into additional disease areas. The deal includes an upfront payment to RayThera shareholders,...
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Tower Semiconductor, Marvell Ship Over 5 Million Photonic Chips For AI Data Centers
2026 Jun 18, 10:50am | 896Read More...Tower Semiconductor Ltd (NASDAQ:TSEM) shares are up during Thursday’s session. The company recently announced that it shipped over five million coherent photonic integrated circuits (PICs) to Marvell Technology, Inc. (NASDAQ:MRVL) This partnership highlights Tower’s commitment to...
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Amazon's Latest Warehouse Experiment Could Eliminate Millions Of Labor Hours: Report
2026 Jun 18, 9:08am | 628Read More...Amazon.com Inc. (NASDAQ:AMZN) is reportedly piloting a new system, Full Facility Load Balancing (FFLB), which is designed to optimize human movement within its robot-filled warehouses. Amazon’s latest initiative is not just about package handling, but also about human movement within its...
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Kroger Stock Crashes 10% On Triple Whammy: Missed Earnings, Squeezed Margins And Soft Outlook
2026 Jun 18, 9:00am | 398Read More...The Kroger Co. (NYSE:KR) shares traded lower in Thursday’s premarket session after the grocery retailer reported mixed first-quarter results, with earnings narrowly missing Wall Street estimates despite stronger-than-expected revenue. First-Quarter Results Kroger reported adjusted earnings of...
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Goldman Sachs Warns Big Tech's $770 Billion AI Spending Frenzy Could Backfire— Here's Why
2026 Jun 18, 9:00am | 1068Read More...Wall Street bank Goldman Sachs has issued a warning for tech titans like Amazon.com Inc. (NASDAQ:AMZN) and Microsoft Corp.(NASDAQ:MSFT), noting that their Return on Equity (ROE) faces severe downward pressure as massive artificial intelligence capital expenditures trigger escalating “...
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Why Is Legend Biotech Stock Falling Thursday?
2026 Jun 18, 8:27am | 701Read More...Legend Biotech Corp. (NASDAQ:LEGN) stock fell in Thursday’s premarket trading after the cell therapy company priced an underwritten public offering of 7.7 million American Depositary Shares (ADSs) at $29.35 per ADS. The offering is expected to raise about $226 million before underwriting...
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What's Going On With Dell Technologies Stock Thursday?
2026 Jun 18, 6:08am | 596Read More...Dell Technologies Inc. (NYSE:DELL) shares rose in Thursday’s premarket session as improving risk appetite lifted technology stocks. Nasdaq futures gained 1.68%, while S&P 500 futures advanced 0.76%. The early gains appeared to track a broader move into growth and momentum stocks rather...
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After Nvidia And Tesla, Trump Confirms Apple Has Agreed To Build Chips With Intel Amid US Manufacturing Push: 'When Was The Last Time...'
2026 Jun 18, 4:15am | 828Read More...President Donald Trump said that the U.S. lost semiconductor manufacturing to Taiwan and other countries and lauded his efforts to bring chip production back to America. Trump took to Truth Social early Thursday and highlighted the partnerships he facilitated between Intel...
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