Musk's Terafab talk at ASML tech conference drives share surge

 

• ASML rose 5.19% on June 11, 2026 as investors reacted to Elon Musk's scheduled virtual appearance.
• Musk addressed ASML's annual internal Technology Conference on his Terafab semiconductor project.
• Terafab envisions a massive Texas chip fab supplying Tesla, SpaceX, and xAI for AI/robotics needs.
• Project implies major potential demand for ASML's EUV and high-NA lithography equipment.
• ASML CEO previously confirmed discussions with Musk, positioning it as a serious opportunity.
• Positive analyst commentary and upgrades added momentum to the sentiment-driven rally.
• Secondary support from prior day's news of fewer-than-planned job cuts after union talks.
• Closed employee event with no public stream; move built on premarket gains exceeding 3%.

https://finviz.com/stock?t=ASML&p=d

'China-linked operatives used ChatGPT to influence data centers debate: OpenAI: Axios'

 OpenAI has dismantled two China-linked influence campaigns that allegedly used ChatGPT to generate social media content aimed at shaping public conversations around some of America’s most contentious political and economic issues.

The campaigns, which focused on debates surrounding AI data centres and trade tariffs, relied on OpenAI’s tools to produce social media posts, comments and political cartoons before distributing them online through what the company believes were coordinated networks of accounts.

While OpenAI says neither operation appears to have significantly influenced public opinion, investigators view the incidents as an important warning sign. Rather than attempting to manufacture entirely new controversies, the campaigns sought to insert themselves into already active debates and amplify existing tensions.

https://www.firstpost.com/tech/openai-shuts-down-china-linked-influence-campaigns-that-used-chatgpt-to-target-us-tariff-14021354.html

Oracle $56B-$95B AI infrastructure capex through FY 27, plans FY 27 cap raise, guides lower margins

 

• Oracle detailed $56B-$95B AI infrastructure CapEx through FY 2027, plans FY 2027 capital raise and guided to lower margins.
• Record Q4 revenue $19.2B, +21% YoY, with non-GAAP EPS up 24%.
• Cloud infrastructure revenue grew 93% YoY; cloud applications revenue $4.1B, up 10%.
• Signed $67B AI infrastructure contracts in Q4; prepaid/BYOH commitments now total $75B.
• Remaining performance obligations up 356%, giving strong multi-year revenue visibility from AI and cloud.
• Quartz reported Thursday Oracle's newly awarded U.S. OPM cloud HR contract is roughly $396M over 10 years.
• Database cloud revenue grew 29%; multi-cloud database revenue up 404%, bookings up 325%.
• FY26 gross margin fell about 5 points from data center ramp, as expected.
• FY27 guidance: revenue +34% constant currency, non-GAAP EPS $8.05, +18% constant currency.
• Q1 FY27 guidance: revenue +27–29%, cloud +58–64%, EPS $1.72–1.76, +17–20%.
• Management reconfirmed long-term targets: ~31% revenue CAGR, ~28% EPS CAGR through FY2030.
• Heavy AI data center CapEx and funding needs pressure near-term margins despite strong ROIC economics.
• Main concern: Massive AI infrastructure CapEx and near-term gross margin compression from data center ramp.
• Strong quarter, driven by surging AI infrastructure demand and solid cloud applications growth.

https://finviz.com/stock?t=ORCL&p=d

Adial acquires Azora Therapeutics, makes ulcerative colitis drug AT177 its new lead program

 

• Company arranged up to $64 million in concurrent private placement financing tied to the Azora purchase.

https://finviz.com/stock?t=ADIL&p=d

Leerink downgrades Procept BioRobotics to Market Perform

 

 from Outperform, cuts price target to $29 from $31

• Leerink cites growing competitive pressure from prostate artery embolization as a key driver of its rating change
• Firm also points to a less favorable near-term setup, contributing to its reduced price target on Procept

https://finviz.com/stock?t=PRCT&p=d

'CNN: Pentagon on lockdown amid hazardous materials incident'

 The Pentagon has been placed on lockdown due to an unspecified incident, CNN reported on Thursday. Pentagon spokesperson Sean Parnell confirmed systems within the building detected an "air quality issue necessitating precautionary measures," but did not provide further information.

According to CNN correspondent Haley Britzky, "multiple corridors and floors" within the Pentagon are in lockdown, while others are being evacuated.

Parnell added that the incident is under investigation. No other US officials have commented on the event so far.

https://breakingthenews.net/Article/Pentagon-on-lockdown-amid-hazardous-materials-incident/66489630

Japan, UK said to set up startup support fund

 Japan and the UK are jointly establishing a specialized fund to support startups that develop dual-use technologies with both civilian and defense applications, Nikkei reported on Thursday.

The outlet added that the governments are debating the fund's size, which could see contributions from both sides totaling several billion yen, and would support firms that create dual-use technologies in areas including artificial intelligence, quantum technology, drones, and space.

According to Nikkei, the fund will be addressed in a joint statement on economic security and a document on advanced technology collaboration at Sunday's Japan-UK summit in London. Japan's New Energy and Industrial Technology Development Organization, the Japan External Trade Organization, and the British government's Innovate UK research-funding agency are set to sign a memorandum of understanding establishing the fund.

https://breakingthenews.net/Article/Japan-UK-said-to-set-up-startup-support-fund/66489624