Reddit Pops 14% on Higher AI Data-Licensing Fee Talk
Reddit surged 13.93% Tuesday as investors bid up shares on reports of higher AI data-licensing fees, spotlighting a maturing content-for-training market.
Artificial Intelligence
SoftBank Reopens $10B OpenAI Margin Loan With Concessions
SoftBank has reopened talks for a $10B margin loan backed by its OpenAI stake, adding lender concessions after a June stall cut the target to $6B.
Meta Pops 10% on Cloud Push; CoreWeave, Nebius Sink 13%
Meta jumped nearly 10% on July 1 after reports it will sell excess AI compute to enterprises, sending CoreWeave and Nebius down 13% on hyperscaler-lite fears.
Brookfield Boosts Bloom Energy AI Deal to $25B; BE Up 10%
Brookfield expanded its Bloom Energy AI-infrastructure partnership fivefold to $25 billion on June 30, 2026, sending BE up 10% intraday and 7.7% overnight.
U.S. IPOs Hit $251B First-Half Record, Pacing for 2021 Beat
U.S. issuers raised $251B through June 26 — the biggest H1 on record — led by SpaceX’s $86.2B IPO and Alphabet’s $85B AI raise. Inside the numbers.
Qualcomm Eyes $40B by 2029 as Meta Picks Dragonfly CPU
Qualcomm nearly doubled its FY2029 non-handset revenue target to $40B and named Meta as its first data center CPU customer. QCOM popped, then settled +5%.
SanDisk Pops 21% as Micron’s Record Print Drives AI Memory
SanDisk surged 21% intraday after Micron’s record Q3 print, then gave back gains as profit-takers crowded the AI memory trade.
Apple Hikes Mac and iPad Prices; Micron Soars 14% on Beat
Apple fell 5% after raising Mac and iPad prices on memory costs. Micron jumped 14% to $1,195 on Q3 FY26 beat — same AI memory squeeze, both sides.
OpenAI’s Jalapeño Chip Lifts Broadcom, Tests Nvidia’s AI Grip
OpenAI’s first custom inference chip Jalapeño, co-designed with Broadcom, lifted AVGO 3.4% June 24 and revives the hyperscaler ASIC challenge to Nvidia.
Argan (AGX) Hits $790 on Record Q1 as AI Power Boom Builds
Argan posted record $291M Q1 revenue and $3.24 EPS as gas-fired power demand for AI data centers surges. AGX now trades above every published analyst target.