Today: 7 June 2026
IREN’s $4.4 Billion AI Push in Focus After Stock Fallout
7 June 2026

IREN’s $4.4 Billion AI Push in Focus After Stock Fallout

IREN shares plunged 12.14% to $54.35 Friday and slid further after hours, as investors weighed a $3.65 billion GPU financing deal and a new 800MW Australian data-center plan against ongoing bitcoin mining exposure and risks from crypto volatility, uncontracted AI revenue targets, and project execution hurdles.
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Tesla Stock Under Pressure After JPMorgan Call and 6.6% Fall

Tesla Stock Under Pressure After JPMorgan Call and 6.6% Fall

7 June 2026
Tesla plunged 6.56% to $391.00 Friday despite J.P. Morgan upgrading the stock and hiking its price target to $475, as a tech selloff and fears of higher interest rates outweighed optimism about Tesla’s robotaxi, robotics, and software ambitions, leaving investors to weigh execution risks and the looming SpaceX IPO over a closed weekend.
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Eli Lilly Stock Sets High Ahead of Monday Data

Eli Lilly Stock Sets High Ahead of Monday Data

Eli Lilly shares hit a record $1,131.42 close Friday, up 0.6%, after late-stage data showed its experimental retatrutide cut sleep apnea severity by 60.6% and knee osteoarthritis pain by up to 73.1% in obese adults; investors will watch Monday’s trade to see if the new results justify Lilly’s premium as the S&P 500 tumbled 2.64% Friday and rivals like Roche posted strong obesity-drug data.
6 June 2026
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SK Hynix Drops 10% After Hit, Here’s What’s Next for Traders

SK Hynix Drops 10% After Hit, Here’s What’s Next for Traders

SK hynix plunged 9.92% to 2,070,000 won Friday, capping a 12% five-day slide after a record high, as tech stocks sold off globally and a “sidecar” halt hit Seoul trading; investors now face a key test of confidence in the AI-memory trade, with the stock’s future hinging on HBM demand, U.S. chip sector moves, and details of a planned U.S. ADR listing, which remains under SEC review.
6 June 2026
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June 2025 AI News Roundup: Breakthroughs, Surprises, and Global Developments

June 2025 AI News Roundup: Breakthroughs, Surprises, and Global Developments

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28 June 2025
OpenAI CEO Sam Altman said GPT-5 will launch in summer 2025, claiming major improvements over GPT-4. Midjourney released its first text-to-video system, Model V1, in June 2025. Meta delayed LLaMA 4 Behemoth to late 2025 due to performance issues. Google DeepMind introduced Gemini Robotics On-Device, running vision-language-action AI entirely on robots.
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Latest

Archer Aviation Sinks 13%. Two Big Tests Coming Next Week

Archer Aviation Sinks 13%. Two Big Tests Coming Next Week

Archer Aviation plunged 13.2% to $5.54 Friday as investors dumped growth stocks after a strong May jobs report fueled fears of prolonged Fed rate hikes; with Archer still pre-revenue and burning cash, higher rates threaten future profit valuations and could keep pressure on the stock, especially if flight testing or FAA certification slows.
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07 Jun
Redwire Shares Sink Despite Space Strawberry News

Redwire Shares Sink Despite Space Strawberry News

Redwire Corp. plunged 25% this week, closing at $18.45 after Jefferies cut its rating to Hold, citing “limited near-term upside” despite a raised price target; trading was volatile following a new space-agriculture contract and amid a broad selloff in speculative space stocks as investors question if recent contract wins can support the stock’s run ahead of earnings.
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07 Jun
SoFi Drops, Eyes on Fintechs as Monday Looms

SoFi Drops, Eyes on Fintechs as Monday Looms

SoFi plunged 12% last week to $16.03 as a hot U.S. jobs report sparked fears of higher rates and pressured growth stocks, overshadowing SoFi’s AI Coach launch and stablecoin push; investors now eye Wednesday’s inflation data and SoFi’s June 17 annual meeting for clues on whether new products can offset macro headwinds and tech-platform revenue declines.
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07 Jun
Plug Power Stock Just Got Hit. Here’s What Could Move PLUG Next

Plug Power Stock Just Got Hit. Here’s What Could Move PLUG Next

Plug Power shares plunged 10.69% Friday to $3.215, now 18.6% below their May 29 close, just days before a June 11 shareholder vote on adding 25 million shares to its stock plan—a move that could dilute existing investors if issued—while recent $39.2 million in tax credit sales added financial flexibility amid sector-wide selloffs and growing concerns over cash flow, capital, and market volatility.
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07 Jun
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 07.06.2026

LIVEMarkets rolling coverageStarted: June 7, 2026, 4:00 AM EDTUpdated: June 7, 2026, 1:16 PM EDT Nvidia Stock Valuation: Is NVDA Fairly Priced After Recent Pullback? June 7, 2026, 1:16 PM EDT. Nvidia’s (NVDA) share price fell 4.7% over the past month to $205.10, though it has gained 44.9% over the last year. Despite recent softness, Nvidia remains central in semiconductors and AI sectors, attracting both enthusiasm and caution. A Discounted Cash Flow (DCF) model estimates Nvidia’s intrinsic value at about $188.98 per share, indicating the stock is roughly 8.5% above its fair value, classifying it as fairly valued. Nvidia scores
07 Jun
Caterpillar flat at end of strong week, inflation on radar

Caterpillar flat at end of strong week, inflation on radar

Caterpillar tumbled 3.85% Friday to $904.28 after hitting a 52-week high, as a strong jobs report sent Treasury yields soaring and triggered a broad market selloff; despite the drop, Caterpillar remains up 3.2% for the week, with investors now weighing its record backlog and first-quarter growth against rising rate risks and a more cautious market.
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07 Jun
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