Today: 27 June 2026
Snowflake (NYSE:SNOW) stock pops 9.7% with trading volume surge

Snowflake (NYSE:SNOW) stock pops 9.7% with trading volume surge

Snowflake soared 9.65% to $248.96 on Friday—adding $7.6 billion in equity value—as investors responded to a 34% jump in product revenue and a 38% surge in remaining performance obligations to $9.21 billion, even as the Nasdaq fell; the stock remains about 11% below the $280 median analyst target after Snowflake raised its annual revenue forecast and AWS deal.
SpaceX (NASDAQ:SPCX) falls after IPO, Russell growth funds left with $73 billion exposure

SpaceX (NASDAQ:SPCX) falls after IPO, Russell growth funds left with $73 billion exposure

SpaceX’s Russell index debut assigns 90.4% of its $80.9 billion notional to growth funds, forcing passive Russell trackers to buy over $4 billion of shares, while the stock trades 32% below its post-IPO high at $153.23; Nasdaq-100 eligibility on July 6 could trigger more index demand, but S&P 500 trackers remain sidelined due to eligibility rules.

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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Cisco (NASDAQ:CSCO) drops on volume, hurts Dow

Cisco (NASDAQ:CSCO) drops on volume, hurts Dow

Cisco Systems plunged 4.37% to $113.77 on Friday, wiping out 32 Dow points and trading at more than double average volume as the AI-networking trade cooled sharply; despite record Q3 revenue and raised AI order guidance, the stock ended 12.7% below its 52-week high and faces investor scrutiny on AI order conversion and margins ahead of a shortened holiday week.
Take-Two (NASDAQ:TTWO) holds steady with GTA 6 preorders kicking off

Take-Two (NASDAQ:TTWO) holds steady with GTA 6 preorders kicking off

Take-Two closed nearly flat at $238.53 after GTA VI’s $79.99 price and preorder launch, outperforming the Nasdaq’s 4.6% weekly drop as analysts raised targets on expectations for GTA Online to drive recurring revenue; Bank of America boosted its price target to $368, citing GTA Online’s monetization potential, while recurrent consumer spending now accounts for 78% of Take-Two’s net bookings.
PayPal stock surge shifts short-interest story into next week

PayPal stock surge shifts short-interest story into next week

PayPal surged 4.5% to $44.29 Friday on trading volume more than double its 65-day average, following a 9.7% jump in short interest to 54.35 million shares as of June 15, equal to 6.2% of float; despite the rally, shares remain 44% below last year’s high, with the stock still seen as a turnaround play and a shortened trading week ahead due to the July 3 U.S. holiday.
Honeywell (NASDAQ:HON) heads into split week with $464 level on traders’ radar

Honeywell (NASDAQ:HON) heads into split week with $464 level on traders’ radar

Honeywell’s two-for-one split launches Monday, giving investors one Honeywell Technologies share and one Honeywell Aerospace (HONA) share for every two old shares, with the combined package valued at $464.42 at Friday’s close; both stocks debut as separate S&P 500 members, while HONA joins the S&P 100, setting up a pivotal test for holders as the market reopens.
GameStop (NYSE:GME) holds close to cash levels after company guides for $600 million in EBITDA

GameStop (NYSE:GME) holds close to cash levels after company guides for $600 million in EBITDA

GameStop surged 3.57% to $21.76 and jumped after hours as it forecast FY2026 adjusted EBITDA above $600 million, nearly doubling from 2025; with a $9.76 billion market cap now close to its $9.7 billion in cash, securities, digital assets, and collateral, investors are weighing whether GameStop’s cash-rich balance sheet can support equity while Ryan Cohen pursues an eBay bid.
Lucid (NASDAQ:LCID) jumps, adding about $312 million after $158 million cost plan

Lucid (NASDAQ:LCID) jumps, adding about $312 million after $158 million cost plan

Lucid surged 15.6% Friday, adding $312 million in equity value—almost double the $158 million in annualized savings from this week’s restructuring plan that cut 18% of its U.S. workforce. Friday’s volume equaled 54% of reported short interest, but the rally outpaced cost-cutting fundamentals, leaving less room for further gains based solely on headcount cuts.
Moderna (NASDAQ:MRNA) price targets draw attention as shares rally into short holiday week

Moderna (NASDAQ:MRNA) price targets draw attention as shares rally into short holiday week

Moderna soared 12.6% Friday on heavy volume after unveiling new in vivo CAR-T pipeline plans, closing at $67.27—52% above the mean analyst target but still 14.5% below Piper Sandler’s new $77 target. The rally followed Science Day updates, even as analysts note the main new asset is preclinical and cash burn continues, with $7.5B cash at March-end and a projected $3B R&D spend for 2026.
IPO calendar eyes Bending Spoons as shortened week thins deal pipeline

IPO calendar eyes Bending Spoons as shortened week thins deal pipeline

Bending Spoons (NASDAQ:BSP) drives 61% of next week’s $2.56 billion U.S. IPO proceeds, making its $1.57 billion raise a key test for investor appetite in debt-heavy software M&A, with a $18.1 billion valuation and 4.0x net debt to EBITDA leverage, as markets brace for a holiday-shortened week and a looming $29.4 billion SK hynix Nasdaq ADR.
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 27.06.2026

LIVEMarkets rolling coverageStarted: June 27, 2026, 4:00 AM EDTUpdated: June 27, 2026, 12:44 PM EDT Texas Instruments Drop Causes Challenges for Russell 1000 Rebalance Traders June 27, 2026, 12:44 PM EDT. Texas Instruments (NASDAQ: TXN) shares plunged 8.46% on Friday to $285.43, extending a 14.1% weekly decline amid heavy trading volume of 29.8 million shares, three times the average earlier in the week. This drop outpaced the semiconductor sector’s 5.7% decline. The sharp sell-off coincided with the FTSE Russell’s June reconstitution, which shifts TI from the 100% Defensive to the 100% Dynamic category in the Russell 1000 Stability indexes, reflecting
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