Trimble Inc. director Thomas W. Sweet exercised 3,974 restricted stock units (RSUs) into common stock on June 17, 2026, as part of his equity compensation. These shares were valued at $50.78 each. Following this transaction, his direct holdings in Trimble common stock amount to 22,975 shares.

Gartner predicts that at least 50% of generative AI projects will exceed their planned budgets by 2028 due to poor architectural choices and a lack of operational expertise. The primary cost driver is inference, which is expected to account for 70% of a model's lifetime costs, shifting focus from training expenses. The report emphasizes the need for cost governance, architectural efficiency, and usage monitoring to scale GenAI without unsustainable spending, especially as agentic AI further increases operational costs.

Lam Research Corp (LRCX) shares recently gained 5.3%, reaching $409.54, but GuruFocus's GF Value™ indicates a significant overvaluation at $130.18. The company has a strong GF Score™ of 85/100, excelling in profitability and growth, yet its valuation scores very low. Insider selling of $47.7 million with no purchases further raises concerns about the stock's current price sustainability.

Peter Moore, former CEO of Liverpool FC, COO of Electronic Arts, and Xbox executive, has joined the Advisory Board of LightHeaded, a company specializing in officially licensed illuminated sports collectibles. Moore brings over three decades of leadership experience in sports marketing, gaming, consumer products, and technology to LightHeaded as it expands its national presence and product lines. His role will involve collaborating with the leadership team on strategy, brand development, licensing, partnerships, and growth initiatives, leveraging his expertise in building passionate fan communities.

Oracle's total workforce decreased by 13%, or approximately 21,000 employees, in fiscal 2026, primarily due to business restructuring and increased AI adoption. The company spent $1.84 billion on severance and exit costs, a significant increase from the previous fiscal year. This reduction is part of broader industry job losses, with 196 tech companies laying off over 119,800 employees this year, partly attributed to AI disruption.

Qualcomm Inc. is reportedly in late-stage discussions to acquire Modular Inc., an artificial intelligence chip startup. The deal is estimated to value Modular Inc. at approximately $4 billion and could be announced in the coming weeks.

Shares of Penguin Solutions and KLA Corporation rose following NVIDIA's announcement of its new Vera Rubin platform, which ignited a positive reaction across the chip and AI-server supply chain. This surge is part of a targeted rotation into semiconductor and AI-hardware companies, while software and platform companies faced sell-offs due to disruption concerns. KLA Corporation's stock has shown significant volatility and has climbed 111% year-to-date, reaching a new 52-week high.

Guidewire Software CFO Jeffrey Cooper sold 1,348 shares of company stock for a total of $142,443 on June 22, 2026, executed under a pre-arranged 10b5-1 trading plan. The sale occurred while Guidewire shares were trading near their 52-week low, despite InvestingPro indicating the stock is undervalued. This transaction follows the company's Q3 2026 earnings beat, though some analysts have recently lowered price targets due to mixed guidance.

Wells Fargo has increased its price target for DTE Energy (NYSE: DTE) from $160 to $165, maintaining an 'Overweight' rating, following a recent roadshow with DTE's CEO. This move signifies an almost 12% upside potential from the current stock price. The adjustment comes as DTE actively seeks new large-load deals, including plans for an additional 2 GW of data center capacity, building on existing partnerships with Oracle and Google.

This article from Investing.com announces a Form 4 filing for Guidewire Software Inc. on June 22. It is a brief, one-sentence notification focusing solely on the financial filing. The article does not provide further details about the Form 4's content but includes current market data for various indices, commodities, and stocks.