News

Marvell Technology, Broadcom, GameStop And More: 5 Stocks Investors Couldn't Stop Buzzing About This Week

Rishabh Mishra — Sat, 06 Jun 2026 12:31:40 +0000

Retail investors talked up five hot stocks this week (June 1 to June 5) on X and Reddit’s r/WallStreetBets, driven by retail hype, earnings, AI infrastructure momentum, and corporate/geopolitical news flow.

Marvell Technology Inc. (NASDAQ:MRVL), Broadcom Inc. (NASDAQ:AVGO), CrowdStrike Holdings Inc. (NASDAQ:CRWD), GameStop Corp. (NYSE:GME), and Lululemon Athletica Inc. (NASDAQ:LULU), spanning semiconductors, software/cloud, AI chips, cybersecurity, gaming, and cloud and hardware infrastructure, reflected strong retail interest.

Marvell Technology

Marvell had a high-impact week driven by AI momentum. On June 1, the company announced the availability of its industry’s first 102.4 Tbps Teralynx T100 switch, purpose-built for AI and cloud data center infrastructure. The biggest catalyst came on June 2 at COMPUTEX 2026, when Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang praised Marvell as the “next trillion-dollar company” due to its critical role in AI data center connectivity and orchestration—this triggered a massive stock surge.

Retail investors were bullish on MRVL. An investor who suffered losses on his portfolio this week was considering shifting all his holdings to MRVL, calling it a “steady” stock.

Source: Reddit

The stock had a 52-week range of $61.44 to $324.20, trading around $305 to $317 per share, as of the publication of this article. It was up 377.27% over the year, higher by 222.26% over the last six months, and 272.36% year-to-date.

MRVL had a strong price trend in the medium, short, and long term, with a solid growth ranking, as per Benzinga's Edge Stock Rankings.

Broadcom

Broadcom reported record revenue of $22.187 billion, up 48% year-over-year, beating estimates, with AI semiconductor revenue at $10.8 billion, up 143% YoY, strong margins, and third-quarter guidance of ~$29.4 billion; it also raised full-year AI revenue targets. Despite the beat, shares plunged on investor disappointment over unchanged full-year AI ...

Full story available on Benzinga.com

RGC DEADLINE ALERT: ROSEN, TOP RANKED GLOBAL COUNSEL, Encourages Regencell Bioscience Holdings Limited Investors to Secure Counsel Before Important June 23 Deadline in Securities Class Action – RGC

Globe Newswire — Sat, 06 Jun 2026 12:09:59 +0000

NEW YORK, June 06, 2026 (GLOBE NEWSWIRE) --

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Regencell Bioscience Holdings Limited (NASDAQ:RGC) between October 28, 2024 and October 31, 2025, inclusive (the "Class Period"), of the important June 23, 2026 lead plaintiff deadline.

SO WHAT: If you purchased Regencell securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Regencell class action, go to https://rosenlegal.com/submit-form/?case_id=62621 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 23, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do ...

Full story available on Benzinga.com

NYC-Based Longacre Acquires 541-Unit Houston MF Complex

PR.com — Sat, 06 Jun 2026 10:27:43 +0000

New York, NY June 06, 2026 --(PR.com)-- Longacre Acquires 541-Unit Houston Multifamily Community, Scaling Joint Venture's 17-State Turnaround Platform

Property: 5300 W. Gulf Bank Rd., Houston, TX 77088

PH Realty Capital and Rockledge principals collectively own workforce-housing assets across 17 states. Longacre is the institutional vehicle through which the partners pursue large-scale distressed multifamily acquisitions.

Longacre, the joint venture between PH Realty Capital and Rockledge, today announced the acquisition of a 541-unit multifamily community in Houston, Texas, an extremely distressed property. The transaction is Longacre's largest single multifamily acquisition to date in Texas and reflects the joint venture's expanding scale within an established national platform.

The principals of Longacre, Peter Hungerford of PH Realty Capital and David Kaye and Joe Listhaus of Rockledge, collectively own and operate workforce and special-situations real estate across 17 states. The combined operating footprint spans the Northeast, Mid-Atlantic, Midwest, South Central, and Mountain West regions. Longacre is the institutional acquisition vehicle through which the partners are scaling that activity into larger, more complex multifamily transactions.

"Houston is the latest market in a national footprint we've been building for years," said Peter Hungerford, founder of PH Realty Capital. "Our existing portfolio runs from New York through the Midwest into the South-Central states. What's new is the scale. Longacre ...

Full story available on Benzinga.com

Cullinan Therapeutics Presents Initial Clinical Data for CLN-978, a CD19xCD3 T Cell Engager, at the EULAR 2026 Congress

Globe Newswire — Sat, 06 Jun 2026 09:15:00 +0000

Clinical benefit, including remissions, demonstrated in both systemic lupus erythematosus (SLE) and rheumatoid arthritis (RA) patients following a single target dose of CLN-978

Deep, dose-dependent B cell depletion observed in peripheral blood and tissue

Favorable safety profile with single target doses up to 30 µg as well as initial multi-dose regimen

Data from the first RA multi-dose regimen cohort and initial clinical data for velinotamig, a BCMAxCD3 T cell engager, to be shared at Cullinan's Immunology Day on June 10

CAMBRIDGE, Mass., June 06, 2026 (GLOBE NEWSWIRE) -- Cullinan Therapeutics, Inc. (NASDAQ:CGEM), a clinical-stage biopharmaceutical company accelerating potential first- or best-in-class, disease-modifying T cell engagers in autoimmune diseases and cancer, announced today that it will present initial clinical data from two ongoing Phase 1 studies of CLN-978, a CD19xCD3 T cell engager, at the European Alliance of Associations for Rheumatology (EULAR) European Congress of Rheumatology. The data will be presented today, June 6, at 10:15 am BST (Poster number POS1179).

"Following a single target dose of CLN-978, patients with refractory SLE and difficult-to-treat RA demonstrated clinical benefit, including remissions. These initial Phase 1 data demonstrate the deep and dose-dependent B cell depletion achievable with CLN-978 and reinforce our belief that it has strong potential as a disease-modifying treatment in multiple challenging-to-treat autoimmune conditions," said Jeffrey Jones, MD, MBA, Chief Medical Officer, Cullinan Therapeutics. "But just as important, the emerging safety profile and subcutaneous administration support the potential to deliver substantial clinical benefit to patients in the outpatient, community-based care setting. With study of multi-dose regimens underway, we are focused on advancing CLN-978 rapidly through global clinical development to accelerate bringing this new therapeutic option to patients."

"The data emerging from this program represent one of the most comprehensive and rigorous datasets generated to date across multiple indications and biomarkers, and help to inform further clinical development of this program as well as how these therapies may be ultimately used in clinical practice," said Ricardo Grieshaber-Bouyer, MD, PhD, MHBA, Professor of Clinical Systems Immunology and Head of the Clinical Trials Unit at FAU Erlangen-Nuremberg, and global Principal Investigator for OUTRACE RA. "Patients with rheumatoid arthritis and systemic lupus erythematosus whose disease remains active despite exhausting multiple available therapies continue to have significant unmet need. In many patients, a single target dose of CLN-978 demonstrated rapid depletion of B cells not just in peripheral blood, but notably also clearance of CD19+ B cells in lymph node and synovial tissue. The encouraging safety profile and clear dose-dependent effects provide strong evidence of the underlying mechanism of action."

Key Data Highlights

This presentation is based on data from 29 patients evaluated as of May 15, 2026, across various dose levels in the OUTRACE SLE and RA clinical trials.

	SLE (n=18)			RA (n=11)
Dose levels investigated	Safety	PD	Efficacy	Safety	PD	Efficacy
Cohort 1 (D1: 10 µg)	3	3	3	1	1	1
Cohort 2 (D1: 10 µg, D8: 20 µg)	7	7	4	3	3	3
Cohort 3 (D1: 10 µg, D8: 30 µg)	7	6	6	3	Not A Predestined Outcome Murati said AI’s future is “not a predestined outcome,” dismissing predictions of either dystopia or utopia as oversimplified. She called for institutional checks and balances over individual authority, saying governance ... Full story available on Benzinga.com Why LinkedIn Founder Reid Hoffman Is Leaving Microsoft's Board After Nearly A Decade Mohd Haider — Sat, 06 Jun 2026 08:03:41 +0000 Reid Hoffman, who co-founded LinkedIn in 2002, is stepping down from Microsoft‘s (NASDAQ:MSFT) board of directors to refocus on Manus, his AI-powered drug discovery startup, the company announced Thursday. LinkedIn Founder Returns to Startup Roots Hoffman joined the MSFT board in 2016 following the company’s $26.2 billion LinkedIn acquisition. During his tenure, he was present for Microsoft’s landmark $1 billion OpenAI investment in 2019 and a $650 million acqui-hire of his AI venture Inflection AI, a deal that brought Inflection co-founder Mustafa Suleyman to Microsoft. Later, Hoffman resigned from OpenAI’s board in 2023, citing potential conflicts of interest between his role on the board and his investments through Greylock Partners, as well as his personal holdings in startups building on OpenAI’s technology. On a recent episode of ... Full story available on Benzinga.com Trump's $70 Billion Border Bet Clears Senate—House Up Next Ananya Gairola — Sat, 06 Jun 2026 07:39:42 +0000 President Donald Trump moved closer to securing a major expansion of his immigration agenda after the Senate approved a bill providing an additional $70 billion for border enforcement and deportation efforts. Senate Advances Trump Immigration Funding Bill The Senate voted 52-47 early Friday to approve legislation that would significantly increase funding for immigration enforcement agencies over the next three years, sending the measure to the House for final consideration, Reuters reported. No Democrats supported the bill and Sen. Lisa Murkowski (R-Alaska) was the lone Republican to oppose it. Murkowski said she objected to bypassing the traditional appropriations process and criticized lawmakers for failing to permanently eliminate a controversial fund tied to the legislation. Most of the funding would go toward expanding operations at Immigration and Customs Enforcement and ... Full story available on Benzinga.com Mark Cuban Pushes Back After Peter Diamandis Says $300,000 College Degrees Teach Skills AI Can Do For Free: 'Can't Teach You The...' Ananya Gairola — Sat, 06 Jun 2026 06:42:24 +0000 As artificial intelligence reshapes industries and education, billionaire investor Mark Cuban and entrepreneur Peter Diamandis are clashing over whether traditional college degrees still justify their soaring costs. Diamandis Questions The Value Of College Degrees On Friday, Diamandis took X and argued that universities charge students roughly $300,000 for degrees that teach skills large language models can now perform at little to no cost. "Hot take: Universities charge $300,000 for a degree that teaches you skills any LLM can do for free," Diamandis wrote, questioning whether higher education may represent "the greatest individuals misallocation of capital in recent history." Hot take: Universities charge $300,000 for a degree that teaches you skills any LLM can do for free. At some point we need to have an honest conversation about whether higher education is the greatest individuals misallocation of capital in recent history. — Peter H. Diamandis, MD (@PeterDiamandis) June 5, 2026 data-variant="card" data-news-mode="manual" > Read Also: Broadcom CEO ... Full story available on Benzinga.com David Sacks Rips Bernie Sanders' 50% AI Ownership Plan, Warns It Could Lead To China's 'CCP-Style' Social Credit System— 'I Can See Why...' Mohd Haider — Sat, 06 Jun 2026 06:15:58 +0000 Former White House AI and Crypto Czar David Sacks pushed back against Sen. Bernie Sanders‘ (I-VT) proposal to give the government a 50% ownership stake in the largest AI companies, warning it would create “Central Government AI — a system with even more totalistic power over information, decision-making, and human behavior.” Sacks Sees the Political Logic — But Calls It a Trap In his Friday post on X, Sacks said he could see why the proposal resonates even among conservatives, noting that AI lab CEOs themselves had repeatedly warned of massive job displacement, a narrative he said he does not believe and is not supported by the data. He called out Anthropic CEO Dario Amodei and OpenAI CEO Sam Altman for walking back those claims, saying the damage to public trust is done. He also hit the labs for enriching NGOs advancing agendas “at odds with traditional values,” calling it “Soros-maxxing” that conservatives don’t consider genuine philanthropy. Sacks said he “could almost support the Sanders proposal as a stupidity tax.” Nationalization ... Full story available on Benzinga.com Marvell Secures Spot In S&P 500 Index Amid AI Chip Boom Ananya Gairola — Sat, 06 Jun 2026 06:04:45 +0000 Marvell Technology (NASDAQ:MRVL) shares climbed in after-hours trading on Friday after the chipmaker secured a spot in the S&P 500 index. S&P Dow Jones Indices said Friday that the chipmaker will join the benchmark index before markets open on June 22, replacing pool equipment distributor PoolCorp (NASDAQ:POOL). Marvell shares closed Friday down 16.7% at $263.47 and in after-hours trading, it rose 3.5% to $272.78, according to Benzinga Pro. Marvell's inclusion follows a key financial milestone: the company has achieved profitability under generally accepted accounting principles, or GAAP, both in the quarter ended December and across its most recent four quarters combined. data-variant="card" data-news-mode="manual" > Read Also: Gary Black Says Broadcom, ... Full story available on Benzinga.com Coinbase CEO Brian Armstrong Says Crypto Is Bigger Than Just Bitcoin As BTC Plunges 26% In A Month: 'Will Take Some Time For This To Sink In' Ananya Gairola — Sat, 06 Jun 2026 05:29:34 +0000 Bitcoin's (CRYPTO: BTC) sharp decline over the past month has reignited concerns about the broader cryptocurrency market. However, Coinbase Global Inc. (NASDAQ:COIN) CEO Brian Armstrong says investors are still underestimating how much the industry has evolved beyond its largest token. Bitcoin Price Decline Sparks Broader Crypto Debate On Friday, Armstrong pushed back against the idea that weakness in Bitcoin automatically means weakness across digital assets, arguing that many corners of the crypto ecosystem continue to expand despite the recent sell-off. "People still think (or feel) because Bitcoin is down crypto is down," Armstrong said in a post on X, adding, "Crypto touches every area of finance, and is much broader than Bitcoin now. It will take some time for this to sink in." data-variant="card" ... Full story available on Benzinga.com SpaceX Signs $920 Million Monthly AI Deal With Google Days Before Blockbuster IPO— 110,000 Nvidia GPUs Locked In Through 2029 Mohd Haider — Sat, 06 Jun 2026 04:57:54 +0000 SpaceX signed a $920 million monthly compute-leasing deal with Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL), granting access to roughly 110,000 Nvidia (NASDAQ:NVDA) GPUs across its data centers through mid-2029, days before its landmark public offering. Who Gets An Exit Clause Under the agreement outlined in a regulatory filing on Friday, capacity ramps to full rate by September 2026 at a reduced fee, with an exit clause allowing Google to terminate immediately if SpaceX fails to deliver the committed GPU count by that deadline. After 2026, either party may exit with 90 days’ notice. The terrestrial compute deal also comes amid reports that Google and SpaceX are in separate talks to develop orbital data centers, with Google reportedly planning prototype satellite launches by 2027 under its Project Suncatcher initiative. SpaceX's IPO prospectus indicates that its AI division ... Full story available on Benzinga.com US Strikes Iran After Drone Intercepts Near Strait of Hormuz Ananya Gairola — Sat, 06 Jun 2026 04:08:44 +0000 The U.S. launched strikes on Iranian coastal surveillance sites after intercepting drones near the Strait of Hormuz, marking the latest escalation in the three-month conflict that continues to threaten global energy markets and regional stability. US Strikes Follow Drone Interceptions Near Strait Of Hormuz The U.S. military said Saturday it shot down four Iranian drones near the Strait of Hormuz before launching retaliatory strikes against surveillance and radar facilities in Goruk and Qeshm Island, two strategic locations overlooking the critical shipping corridor. Moments ago, CENTCOM forces shot down four Iranian one-way attack drones that were launched toward the Strait of Hormuz. The attack drones posed an immediate threat to regional maritime traffic. U.S. forces subsequently struck Iranian coastal surveillance radar sites in Goruk and… — U.S. Central Command (@CENTCOM) June 5, 2026 A U.S. official told Reuters that military assessments suggested the drones were aimed at regional maritime traffic moving through the waterway, one of the ... Full story available on Benzinga.com Meta Investor Dumps Shares After AI Fundraising Report, Says Shareholders Don't Want 'Drunken Sailors' Spending: 'People Are Not Going To Invest...' Mohd Haider — Sat, 06 Jun 2026 03:57:27 +0000 Hightower Advisors‘ Chief Investment Strategist Stephanie Link sold half her Meta (NASDAQ:META) position Friday, calling the company “tone-deaf” as its shares fell 5.5% following a report it is considering raising tens of billions in a stock sale to fund AI infrastructure. Link Trims Meta Stake “The numbers actually did go higher on the revenue line, but the operating margin numbers are going in the wrong direction — and people are not going to invest in companies where earnings are going down or at least stagnant,” Link told CNBC’s Closing Bell on Friday. Meta executives have been exploring ways to raise cash as the company prepares to boost AI-related capex to as much as $145 billion this year and higher in 2027, the Financial Times reported, citing sources. Meta did not immediately respond to Benzinga‘s request for comment. Meta was already expected to spend $125-$135 billion in capex this year, up from $74 billion last year, Link said, adding the company has spent $82 billion on Reality Labs since 2021, generating $80 billion in operating losses. “The shareholder base at Meta — they don’t want them to continue to spend like drunken sailors,” she said. Link also stated she still holds a reduced META ... Full story available on Benzinga.com Jura Provides Update on Dutch Attachment Proceedings Globe Newswire — Sat, 06 Jun 2026 03:21:08 +0000 CALGARY, Alberta, June 05, 2026 (GLOBE NEWSWIRE) -- Jura Energy Corporation ("Jura" or the "Company") announces that the District Court of The Hague, Netherlands (the "Court"), has issued a judgment in summary proceedings ordering the lifting of the pre-judgment third-party attachments previously obtained by Frontier Holdings Limited ("FHL") and Spud Energy Pty Limited ("Spud"), wholly-owned subsidiaries of the Company. The attachments were over certain rights of Petroleum Exploration (Private) Limited ("PEL") under agreements PEL had with KUFPEC Pakistan Holdings B.V. and Kirthar Pakistan B.V. (together "KUFPEC") and were in support of the enforcement of arbitral awards rendered against PEL and in favour of FHL and Spud. The summary proceedings were initiated by KUFPEC seeking the lifting of the attachments. In its judgment dated June 4, 2026, the Court ordered that the attachments be lifted and awarded legal costs against FHL and Spud. The Court's decision was based on procedural grounds relating to information that the Court concluded should have been disclosed in the original attachment application. The Court did not adjudicate the merits of the claims underlying the arbitral awards obtained by FHL and Spud against PEL. Having reached its conclusion on the procedural issue, the Court expressly determined that it was unnecessary to consider the other grounds advanced by the applicants for lifting the attachments. The ... Full story available on Benzinga.com

News

Marvell Technology, Broadcom, GameStop And More: 5 Stocks Investors Couldn't Stop Buzzing About This Week

Marvell Technology

Broadcom

RGC DEADLINE ALERT: ROSEN, TOP RANKED GLOBAL COUNSEL, Encourages Regencell Bioscience Holdings Limited Investors to Secure Counsel Before Important June 23 Deadline in Securities Class Action – RGC

NYC-Based Longacre Acquires 541-Unit Houston MF Complex

Cullinan Therapeutics Presents Initial Clinical Data for CLN-978, a CD19xCD3 T Cell Engager, at the EULAR 2026 Congress

Why LinkedIn Founder Reid Hoffman Is Leaving Microsoft's Board After Nearly A Decade

LinkedIn Founder Returns to Startup Roots

Trump's $70 Billion Border Bet Clears Senate—House Up Next

Senate Advances Trump Immigration Funding Bill

Mark Cuban Pushes Back After Peter Diamandis Says $300,000 College Degrees Teach Skills AI Can Do For Free: 'Can't Teach You The...'

Diamandis Questions The Value Of College Degrees

David Sacks Rips Bernie Sanders' 50% AI Ownership Plan, Warns It Could Lead To China's 'CCP-Style' Social Credit System— 'I Can See Why...'

Sacks Sees the Political Logic — But Calls It a Trap

Nationalization ...

Marvell Secures Spot In S&P 500 Index Amid AI Chip Boom

Coinbase CEO Brian Armstrong Says Crypto Is Bigger Than Just Bitcoin As BTC Plunges 26% In A Month: 'Will Take Some Time For This To Sink In'

Bitcoin Price Decline Sparks Broader Crypto Debate

SpaceX Signs $920 Million Monthly AI Deal With Google Days Before Blockbuster IPO— 110,000 Nvidia GPUs Locked In Through 2029

Who Gets An Exit Clause

US Strikes Iran After Drone Intercepts Near Strait of Hormuz

US Strikes Follow Drone Interceptions Near Strait Of Hormuz

Meta Investor Dumps Shares After AI Fundraising Report, Says Shareholders Don't Want 'Drunken Sailors' Spending: 'People Are Not Going To Invest...'

Link Trims Meta Stake

Jura Provides Update on Dutch Attachment Proceedings