Today: 23 June 2026

Khadija Saeed

Khadija Saeed is a financial markets reporter at TS2.tech, specializing in stocks, technology and emerging industries. She studied economics and finance at the London School of Economics and previously worked in market research before moving into financial journalism. Her coverage focuses on the companies, innovations and economic trends influencing global investors.

Intel Corporation’s SambaNova AI Bet Clears U.S. Review as INTC Stock Nears $100

Intel Corporation’s SambaNova AI Bet Clears U.S. Review as INTC Stock Nears $100

U.S. antitrust regulators cleared Intel’s investment in SambaNova Systems, granting early termination for the deal and removing a key regulatory barrier. Intel raised its stake in the AI chip startup to 8.2% with a $35 million investment in February and plans another $15 million. The FTC decision does not endorse Intel’s strategy but ends the pre-closing review. Intel shares last closed at $99.62, up 5.44% on AI demand.
US Stock Market This Week: S&P 500, Nasdaq Hit Records As Earnings Rally Faces Oil Shock Risk

US Stock Market This Week: S&P 500, Nasdaq Hit Records As Earnings Rally Faces Oil Shock Risk

The S&P 500 and Nasdaq closed at record highs Friday, lifted by strong corporate earnings, while the Dow slipped 0.3%. Apple shares rose 3.3% on a solid forecast; Atlassian surged 29.6%. Analysts expect S&P 500 first-quarter earnings to jump 27.8% from a year earlier, with 83% of companies beating profit estimates. Energy stocks lagged as Exxon Mobil and Chevron declined after weaker results.
Oil Prices Are High. The Bigger Shock May Still Be Ahead

Oil Prices Are High. The Bigger Shock May Still Be Ahead

Brent crude settled at $108.17 a barrel Friday, down 2%, after Iran proposed new talks with the U.S., but remained well above normal following disruptions in the Strait of Hormuz. The International Energy Agency reported global oil supply fell by 10.1 million barrels per day in March. Some physical crude grades traded near $130 a barrel. Traders are pricing in a prolonged conflict and further price spikes.
Paramount Skydance Stock Jumps After Wall Street’s ‘Riskiest’ Upgrade as Warner Bros Deal Hits New Fight

Paramount Skydance Stock Jumps After Wall Street’s ‘Riskiest’ Upgrade as Warner Bros Deal Hits New Fight

Paramount Skydance shares rose 8.3% to $11.09 Friday after Morgan Stanley double-upgraded the stock, citing the pending $110 billion Warner Bros. Discovery takeover. The move comes ahead of Paramount’s May 4 earnings and follows a consumer lawsuit seeking to block the deal. The merger still faces regulatory review, litigation, and scrutiny over foreign investment.
2 May 2026
Workday Inc. Sets May 21 Earnings Date: Why Its AI Bet Faces a Crucial Test

Workday Inc. Sets May 21 Earnings Date: Why Its AI Bet Faces a Crucial Test

Workday will report fiscal 2027 first-quarter results after markets close on May 21. The company previously forecast first-quarter subscription revenue of $2.335 billion, up 13%. Shares closed Friday at $126.96, up 3.73%, amid ongoing pressure from AI competition and investor concerns over growth. CEO Aneel Bhusri returned in February as the firm pushes new AI-driven products.
Clorox Stock Sinks After Outlook Cut: Why the Bleach Maker’s Profit Squeeze Isn’t Over

Clorox Stock Sinks After Outlook Cut: Why the Bleach Maker’s Profit Squeeze Isn’t Over

Clorox lowered its fiscal 2026 adjusted earnings forecast to $5.45–$5.65 per share, down from $5.95–$6.30, citing higher costs and slower recovery in some categories. Shares dropped 9.7% to $87.11 Friday. Net sales for the third quarter were $1.67 billion, nearly flat year-over-year. The GOJO acquisition is expected to dilute adjusted earnings by 2 to 4 cents per share.
2 May 2026
monday.com Stock Jumps Before May 11 Double Test: Earnings, Lawsuit Deadline

monday.com Stock Jumps Before May 11 Double Test: Earnings, Lawsuit Deadline

monday.com shares jumped about 10% Friday to $72.74, valuing the company at $3.56 billion, ahead of its May 11 earnings report and a key class-action lawsuit deadline. The lawsuit alleges monday.com misled investors on revenue outlook between September 2025 and February 2026. The company’s February guidance cut forecast 2026 growth at 18–19%, down from 27% in 2025. Larger customers drove growth, but small-business demand remained weak.
Amkor Technology’s $1 Billion Zero-Interest Debt Deal Puts Its AI Chip Packaging Push in Focus

Amkor Technology’s $1 Billion Zero-Interest Debt Deal Puts Its AI Chip Packaging Push in Focus

Amkor Technology priced $1 billion in 0.00% convertible senior notes due 2031, aiming to fund advanced semiconductor packaging expansion and capital spending. The notes, convertible at a 52.5% premium to recent share prices, are set to settle May 5. Amkor expects net proceeds of $981.7 million, or up to $1.13 billion if an option is exercised. The company’s Peoria, Arizona, campus could reach $7 billion in total investment.
American International Group Stock Jumps: Why AIG’s Profit Surge and Private-Credit Pullback Matter Now

American International Group Stock Jumps: Why AIG’s Profit Surge and Private-Credit Pullback Matter Now

AIG shares rose 5.3% to $78.77 after reporting quarterly adjusted after-tax income of $1.15 billion, up from $702 million a year earlier. The insurer slowed private-credit deployment, with direct lending exposure at $1.2 billion. General Insurance underwriting income more than tripled to $774 million, and the board raised the dividend 11% to 50 cents a share. Eric Andersen will become CEO on June 1.
2 May 2026
Frontier Group Holdings, Inc. Seizes Spirit Airlines Fallout With Rescue Fares Ahead of Earnings

Frontier Group Holdings, Inc. Seizes Spirit Airlines Fallout With Rescue Fares Ahead of Earnings

Frontier Airlines is offering up to 50% off base fares and a $199 summer pass after Spirit Airlines canceled all flights and began winding down operations. Frontier shares jumped 10% Friday as the carrier announced plans to add routes in former Spirit markets. Spirit told customers not to go to airports and promised automatic refunds. United and Southwest also rolled out limited fare caps for stranded Spirit travelers.
Bill Ackman’s Pershing Square IPO Is Back Above Water After Rocky NYSE Debut

Bill Ackman’s Pershing Square IPO Is Back Above Water After Rocky NYSE Debut

Pershing Square Inc. shares rose to $37.99 Friday, lifting the combined IPO package for Pershing Square USA buyers above the $50 offer price after a volatile debut. The $5 billion closed-end fund and its companion stock began trading April 29 on the NYSE. Ackman attributed the rocky start to retail investor selling, later clarifying his remarks. He reported buying both securities in the open market.
Zscaler Stock Jumps 7%: Why ZS Is Rallying While AI-Security Doubts Linger

Zscaler Stock Jumps 7%: Why ZS Is Rallying While AI-Security Doubts Linger

Zscaler shares rose 6.99% to $139.81 on May 1, with trading volume near 2.9 million, as technology stocks rallied and the Nasdaq Composite closed above 25,000 for the first time. The gain followed stronger earnings and forecasts from software peers like Atlassian. Zscaler’s market value stood at $22.5 billion, well below its 52-week high of $336.99. Analysts remain mixed, with some cutting price targets despite maintaining Buy ratings.
Wolfspeed Stock Just Jumped 25% Before Earnings. The Hard Part Comes Tuesday

Wolfspeed Stock Just Jumped 25% Before Earnings. The Hard Part Comes Tuesday

Wolfspeed shares surged nearly 25% Friday, closing at $36.76 after Capital Ventures International and Susquehanna disclosed a 5% stake. The company, which exited Chapter 11 last year, will report fiscal Q3 earnings May 5. Wolfspeed recently raised $475.9 million to reduce debt but continues to post losses amid weak EV demand and rising competition from larger chipmakers.
Stryker Corporation Stock Slides After Cyberattack Hits Q1 Earnings — Why the 2026 Outlook Still Holds

Stryker Corporation Stock Slides After Cyberattack Hits Q1 Earnings — Why the 2026 Outlook Still Holds

Stryker missed first-quarter profit and revenue estimates after a March cyberattack disrupted operations, reporting net sales of $6.0 billion and adjusted earnings per share of $2.60. Shares fell 6.47% to $294.73 on May 1. The company said the incident had a material impact on the quarter but kept its 2026 outlook unchanged. Some delayed sales and procedures may shift into later quarters.
Salesforce Stock Jumps as Agentforce AI Revenue Scorecard Gets a Reset

Salesforce Stock Jumps as Agentforce AI Revenue Scorecard Gets a Reset

Salesforce will split AI-era revenue into two main categories, Agentforce Apps and Data 360, starting fiscal 2027. Shares rose 4.13% to $183.82 after the announcement. Recast fiscal 2026 data shows Agentforce Apps brought in $26.7 billion, while Data 360, Platform & Other generated $12.7 billion. The company will provide recast data for fiscal 2025 and 2026 to allow year-over-year comparisons.
JetBlue Airways Makes Its Move After Spirit Airlines Shutdown: $99 Fares, 11 Routes And A Fuel Test

JetBlue Airways Makes Its Move After Spirit Airlines Shutdown: $99 Fares, 11 Routes And A Fuel Test

JetBlue announced 11 new Fort Lauderdale routes and $99 rescue fares for stranded Spirit Airlines customers after Spirit canceled all flights and began winding down operations. JetBlue will cap some Blue Basic fares at $299 on overlapping routes. Spirit cited a spike in fuel prices for its collapse. JetBlue shares rose 4% Friday; Spirit’s fell 25%.
Warren Buffett Steps Back as Berkshire Hathaway’s $397 Billion Cash Pile Puts Greg Abel on the Spot

Warren Buffett Steps Back as Berkshire Hathaway’s $397 Billion Cash Pile Puts Greg Abel on the Spot

Greg Abel led Berkshire Hathaway’s annual meeting for the first time as CEO, with Warren Buffett moving to the audience. The company reported first-quarter operating earnings of $11.35 billion, up from $9.64 billion, and a record cash pile nearing $400 billion. Berkshire was a net seller of stocks and closed its $9.5 billion OxyChem purchase. Attendance at the Omaha meeting was notably lower than in past years.
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Stock Market Today

  • UK Shares Edge Lower Amid Political Uncertainty; Bunzl Leads FTSE 100
    June 23, 2026, 12:38 PM EDT. UK shares closed slightly lower on Tuesday, with the FTSE 100 down 0.09% as investors digested the shock resignation of Prime Minister Keir Starmer. Political uncertainty has dampened sentiment, overshadowing corporate earnings and economic data. Bunzl, a supply chain specialist, outperformed the index, topping FTSE 100 gainers. The market remains cautious ahead of potential shifts in government policy that could impact sectors differently. Investors are positioning for volatility as parties reassess strategies and a new leadership emerges.

Latest articles

D-Wave (NYSE: QBTS) draws focus as Trump sets 2028 quantum goal

D-Wave (NYSE: QBTS) draws focus as Trump sets 2028 quantum goal

23 June 2026
D-Wave shares jumped 3.1% to $25.23 after President Trump signed executive orders accelerating U.S. quantum computing and post-quantum cybersecurity, drawing investor focus despite D-Wave’s sharp revenue drop and continued losses; heavy trading followed as bookings rose but risks remain if policy momentum fails to boost near-term results.
Morgan Stanley Rolls Out Index-Linked Notes With High Coupons, Principal Risk

Morgan Stanley Rolls Out Index-Linked Notes With High Coupons, Principal Risk

23 June 2026
Morgan Stanley Finance LLC set terms for $139.4 million in principal-at-risk structured notes, including a $138.6 million “worst-of” product paying a 10.2% coupon but exposing investors to full principal loss if any linked index drops below 70% of its initial level, as FINRA reviews oversight of higher-risk structured products.
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