Today: 13 June 2026
Quantum Shares Snap Back as IonQ, Rigetti, D-Wave Lose Steam
13 June 2026

Quantum Shares Snap Back as IonQ, Rigetti, D-Wave Lose Steam

Quantum stocks ended Friday mixed as the government-funding rally faded, with investors now watching for final CHIPS Act funding terms and D-Wave’s June 18 roadmap event; despite strong order pipelines, valuations remain stretched and insider selling at D-Wave has added caution, leaving the sector risky as future revenue and technical milestones become key for further gains.
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Microsoft Sinks Under $390 With Nasdaq in Recovery

Microsoft Shares Fall as Investors Worry About AI Spend, Cloud Push

Microsoft shares slid to $386.92 Friday, down 0.9%, as investors questioned whether soaring AI infrastructure spending—set to top $40 billion in the fiscal fourth quarter—will deliver enough cloud revenue to justify the stock’s 23x earnings multiple, especially after Oracle’s massive capex plans rattled the sector and Microsoft’s margins face pressure from ongoing AI investments.
12 June 2026
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Rigetti Computing Stock Falls as Sale Notice Tests $100 Million Quantum Rally

Rigetti Computing Stock Climbs After $40 Target, But Quantum Valuation Risks Remain

Rigetti Computing shares jumped to $21.945 intraday after Rosenblatt reaffirmed a Buy rating and $40 target, spotlighting nearly 99% upside as investors weigh quantum-computing momentum, small revenue, steep operating losses, and possible dilution from government-linked funding, with the next catalyst hinging on converting a $100 million Commerce letter of intent and 108-qubit system demand into funding and customer wins.
12 June 2026
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Aurora Picks Up Bullish Rating; Traders Focus on Monday Open

Aurora Innovation Shares Tick Up; Uber Stake Overhang, Driverless Truck Launch Eyed

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12 June 2026
Uber’s June 2 sale of 67.5 million Aurora Innovation shares at $7.10 each leaves a 15.6% stake and weighs on AUR’s price, as investors await proof of progress on second-generation hardware and a 200+ driverless truck rollout this year; Aurora traded at $6.04, up 1.09%, with Q1 revenue at $1 million and a $223 million net loss.
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Keel Infrastructure Stock Rises as $458 Million AI Data Center Financing Puts Lease Deals in Focus

Keel Infrastructure Stock Rises as $458 Million AI Data Center Financing Puts Lease Deals in Focus

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12 June 2026
Keel Infrastructure closed a $458 million convertible senior notes deal to fund its shift from Bitcoin mining to AI data center infrastructure, with the stock last at $5.52 and trading near $5.59 premarket; investors are watching for signed AI/HPC leases at Panther Creek, Sharon, and Moses Lake, as lease execution is seen as the next major catalyst for the stock’s valuation.
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Micron Stock Nears $1,000 Again as AI Memory Rally Faces June 24 Test

Micron Stock Nears $1,000 Again as AI Memory Rally Faces June 24 Test

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12 June 2026
Micron soared 11.66% to $995.87 after a sharp pullback, as investors weigh booming AI-driven memory demand against concerns the stock already prices in a near-perfect upcycle; all eyes are on the June 24 earnings call, with analysts forecasting Q3 EPS of $19.46 on $34.07B revenue and debating whether supply constraints can sustain elevated earnings and justify Micron’s $1.14T valuation.
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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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Cisco Shares Slip as Wall Street Weighs AI Hopes Against Valuation

Cisco Shares Slip as Wall Street Weighs AI Hopes Against Valuation

Cisco slipped 0.6% to $121.10 Friday, underperforming the S&P 500, as investors await its fiscal Q4 report to gauge if booming AI infrastructure orders—now forecast at $9 billion for 2026—can offset margin and valuation risks; Morgan Stanley raised its price target to $130, citing strong AI demand, but high P/E and margin pressure keep the stock fairly valued and sensitive to upcoming results.
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13 Jun
Annaly Capital Stock Holds Near $22 After Dividend Hike as Investors Eye Fed Rate Catalyst

Annaly Capital Stock Holds Near $22 After Dividend Hike as Investors Eye Fed Rate Catalyst

Annaly Capital Management hiked its quarterly dividend to $0.75 per share, boosting its annualized yield to about 13.6% at Friday’s $22.00 close; shares finished nearly flat as investors weighed the higher payout against ongoing interest rate and mortgage market risks, with analyst consensus showing a “Moderate Buy” and an average 12-month price target of $24.22.
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13 Jun
SpaceX CFO Bret Johnsen Hits Billionaire Status After $75B IPO

SpaceX CFO Bret Johnsen Hits Billionaire Status After $75B IPO

SpaceX soared 19% in its Nasdaq debut, closing at $160.95 and pushing its market value above $2 trillion, after raising $75 billion in the largest IPO ever; investors now face questions over valuation as SpaceX posted a $5 billion loss on $18.7 billion revenue in 2025 and trades at a price-to-revenue multiple near 94, with analysts warning fundamentals may not justify the lofty price.
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13 Jun
Oil Lower as US-Iran Negotiations Weigh, Reserve Warnings Linger

Oil Lower as US-Iran Negotiations Weigh, Reserve Warnings Linger

Oil prices plunged over 3% to multi-month lows as traders bet on a possible U.S.-Iran peace deal that could reopen the Strait of Hormuz, but analysts warn that with U.S. crude inventories at their lowest since February and emergency reserves thinning, any delay in Gulf oil flows resuming could trigger a sharp price spike. (Reuters)
13 Jun
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