Today: 20 June 2026
JBS shutdowns put pressure on U.S. beef as cattle prices rise
20 June 2026

JBS shutdowns put pressure on U.S. beef as cattle prices rise

JBS USA will close its Souderton, PA, and Memphis, TN, meat plants on August 14, cutting 1,693 jobs as tight cattle supplies drive negative U.S. beef margins; USDA data show beef prices up 14.8% year-over-year and forecast to rise another 12.1% in 2026, signaling ongoing cost pressure for packers and consumers.
Keel Infrastructure Falls as Investors Eye $400 Million AI Data-Center Spend

Keel Infrastructure trades higher in Toronto with U.S. markets closed for Juneteenth

Keel Infrastructure’s Toronto shares soared 17.19% Friday after a $458 million convertible-note sale aimed at funding AI data-center projects, with U.S. shares last up 5.36% before the Juneteenth holiday; investors are watching for lease execution at key sites as losses, dilution risk, and construction delays remain concerns.
Rocket Lab Drops Even After Nasdaq-100 Nod, SpaceX IPO Buzz Fades

Rocket Lab holds ground ahead of Nasdaq-100 debut after selloff led by SpaceX

Rocket Lab enters the Nasdaq-100 before Monday’s open, positioning shares for potential index-driven demand after closing at $107.24 Thursday, up 4.7% for the week despite sector volatility and a SpaceX-driven shakeout; KeyBanc upgraded the stock to Overweight with a $135 target, citing strong revenue growth and a $2.2 billion backlog as the company faces a key test with its Neutron rocket still in development.

June 2026 semiconductor news roundup: U.S. chip controls, SandboxAQ funding and Intel 18A-P

June 2026 semiconductor news roundup: U.S. chip controls, SandboxAQ funding and Intel 18A-P

U.S. Commerce awarded SandboxAQ $500 million for AI-driven chip materials R&D and took a minority equity stake, while delaying blacklisting over 100 Chinese firms flagged as security risks, highlighting Washington’s focus on domestic chip supply chains and export controls as Intel’s 18A-P enters risk production and AI-chip startups challenge Nvidia’s dominance.
June 2025 AI News Roundup: Breakthroughs, Surprises, and Global Developments

June 2025 AI News Roundup: Breakthroughs, Surprises, and Global Developments

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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Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 20.06.2026

LIVEMarkets rolling coverageStarted: June 20, 2026, 4:00 AM EDTUpdated: June 20, 2026, 5:40 AM EDT Nvidia Stock Seen Soaring by 2030 Amid $4 Trillion Data Center Boom June 20, 2026, 5:27 AM EDT. Nvidia Inc (NVDA) is poised for substantial growth driven by escalating data center spending. In 2026, major AI companies announced $650 billion in data center capital expenditures, expected to grow to $1 trillion in 2027 and between $3 trillion and $4 trillion by 2030. Nvidia, with its dominant graphics processing units (GPUs) widely used for AI model training and deployment, stands to benefit significantly. The company currently
Microsoft slips 2.9% this holiday-shortened week as traders question cloud capacity

Microsoft slips 2.9% this holiday-shortened week as traders question cloud capacity

Microsoft shares fell 2.9% to $379.40 this week, underperforming the S&P 500 and Nasdaq as investors rewarded AI chipmakers but not major buyers like Microsoft; a reported breakdown in cloud-capacity talks with Oracle and persistent supply constraints highlight execution risks ahead of key Micron earnings and U.S. inflation data next week.
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