Today: 24 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.

Esperion Stock Surges On ARCHIMED’s $1.1 Billion Buyout — What Shareholders Get Next

Esperion Stock Surges On ARCHIMED’s $1.1 Billion Buyout — What Shareholders Get Next

ARCHIMED will acquire Esperion Therapeutics for $3.16 per share in cash plus a contingent value right tied to future sales, valuing the deal at up to $1.1 billion. Esperion shares surged 56% to near the cash offer after the announcement. The CVR could pay up to $100 million if sales targets are met. The deal follows Esperion’s recent expansion beyond cholesterol drugs.
1 May 2026
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Dow Jones Today: Why the Blue-Chip Rally Stalled as Apple, S&P 500 and Nasdaq Pushed Higher

Dow Jones Today: Why the Blue-Chip Rally Stalled as Apple, S&P 500 and Nasdaq Pushed Higher

The Dow Jones Industrial Average fell 78.72 points to 49,573.42 by midday Friday, reversing an early rally as tariff concerns weighed on gains from Apple and other strong earnings reports. President Donald Trump announced a 25% tariff on EU-made cars and trucks starting next week. Apple reported quarterly revenue of $111.2 billion, up 17% year over year. Oil prices dropped after Iran sent a new negotiation proposal.
1 May 2026
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US Stock Market Today: Why the S&P 500 and Nasdaq Are Hitting Fresh Highs

US Stock Market Today: Why the S&P 500 and Nasdaq Are Hitting Fresh Highs

The S&P 500 rose 0.48% and the Nasdaq 0.96% to record highs Friday, while the Dow slipped 0.11%. Apple shares climbed after reporting its strongest quarterly sales growth in over four years. Atlassian and other software stocks rallied on strong cloud demand. Exxon and Chevron beat profit estimates but cited pressure from Middle East conflict and volatile oil prices.
1 May 2026
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Recursion Pharmaceuticals Stock: Founder Chris Gibson to Leave Board as RXRX Nears Q1 Earnings

Recursion Pharmaceuticals Stock: Founder Chris Gibson to Leave Board as RXRX Nears Q1 Earnings

Recursion Pharmaceuticals said founder and board chair Chris Gibson will not seek re-election at the June 17 annual meeting, months after stepping down as CEO. The company reports first-quarter results May 6, with investors watching for updates on cash, clinical progress, and its AI drug platform. Recursion last reported $753.9 million in cash and narrowed its quarterly net loss. Gibson will remain chair until his term ends.
1 May 2026
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Blackstone Inc. Creates N1 AI Unit Around OpenAI, Anthropic Bets as Credit Fund Faces Pressure

Blackstone Inc. Creates N1 AI Unit Around OpenAI, Anthropic Bets as Credit Fund Faces Pressure

Blackstone Inc. will launch Blackstone N1, a San Francisco-based unit consolidating its AI and high-growth tech investments, including stakes in OpenAI and Anthropic. Jas Khaira will lead the group and relocate from New York. The move comes as Blackstone’s $80 billion private credit fund saw first-quarter inflows slow and redemption requests rise. Blackstone shares rose 1.6% to $127.65 midday Friday.
1 May 2026
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Colgate-Palmolive Stock Rises After Earnings Beat. A $300 Million Cost Hit Still Looms

Colgate-Palmolive Stock Rises After Earnings Beat. A $300 Million Cost Hit Still Looms

Colgate-Palmolive beat first-quarter sales and profit estimates, driven by international growth, while North America volumes fell 3.2%. The company warned of about $300 million in extra raw-material and logistics costs this year due to Middle East conflict. Net sales rose 8.4% to $5.32 billion; shares climbed 3.1%. Colgate lowered its gross profit margin outlook and expanded its cost-cutting program.
1 May 2026
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Roku Stock Rises After Bigger 2026 Revenue Bet, With One Cost Risk in View

Roku Stock Rises After Bigger 2026 Revenue Bet, With One Cost Risk in View

Roku raised its 2026 platform revenue forecast to nearly 21% growth, or about $5.0 billion, after first-quarter advertising and subscription sales beat expectations. Shares climbed 4.2% Friday, with the stock up 10% in after-hours trading. Platform revenue rose 28% to $1.13 billion, while devices revenue fell 16%. Rising memory costs remain the main risk for the second half.
1 May 2026
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Zeta Global (ZETA) Stock Rises as AI Push Fuels 50% Revenue Growth, Bigger 2026 Target

Zeta Global (ZETA) Stock Rises as AI Push Fuels 50% Revenue Growth, Bigger 2026 Target

Zeta Global shares rose after the company raised its 2026 revenue outlook and reported a 50% jump in first-quarter sales to $396.3 million, beating consensus. The company cited strong adoption of its Athena AI agent and growth in “super-scaled” customers. Adjusted EBITDA climbed to $66.1 million from $46.7 million. The stock traded at $19.17, up 75 cents in late-morning New York trading.
1 May 2026
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Rivian Stock Slides as Smaller Federal Loan Puts Its R2 SUV Bet Under the Microscope

Rivian Stock Slides as Smaller Federal Loan Puts Its R2 SUV Bet Under the Microscope

Rivian shares fell 5.7% to $15.47 after the company said its federal loan for a Georgia factory would be cut to $4.5 billion. First-quarter revenue rose 11% to $1.38 billion, with a net loss of $416 million. Rivian kept its 2026 delivery forecast and reported 10,236 vehicles produced in Q1. Volkswagen invested $1 billion after software milestones; Uber-linked SMB Holding agreed to invest up to $1.25 billion.
1 May 2026
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Twilio Stock Jumps 20% After AI Voice Demand: Why Investors Are Repricing TWLO

Twilio Stock Jumps 20% After AI Voice Demand: Why Investors Are Repricing TWLO

Twilio raised its 2026 revenue-growth forecast to 14%-15% after first-quarter sales and adjusted earnings topped estimates. Shares surged about 20% Friday, trading near $178.39. First-quarter revenue rose 20% to $1.407 billion, with adjusted earnings at $1.50 a share versus $1.27 expected. Voice revenue climbed 20%, driven by demand for AI-enabled products.
1 May 2026
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Spirit Airlines Shutdown Looms After $500 Million Bailout Talks Collapse

Spirit Airlines Shutdown Looms After $500 Million Bailout Talks Collapse

Spirit Airlines is preparing to shut down after failing to secure enough support for a $500 million U.S. bailout, according to The Wall Street Journal. A missed bankruptcy court hearing and stalled talks have left the carrier with dwindling cash. Liquidation would cut over 17,000 jobs and trigger billions in claims. Spirit and the White House did not respond to requests for comment.
1 May 2026
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Tempus AI’s Big May: Why Q1 Results and First Investor Day Put TEM Stock in Focus

Tempus AI’s Big May: Why Q1 Results and First Investor Day Put TEM Stock in Focus

Tempus AI will report first-quarter results on May 5 and hold its first investor day on May 29. Merck’s CEO highlighted Tempus in remarks on the drugmaker’s AI efforts in precision oncology. Tempus shares traded near $55.44 Friday, with a market value of about $9.7 billion. The company reported 2025 revenue of $1.27 billion and forecast $1.59 billion for 2026.
1 May 2026
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Ciena Corporation Stock Faces $416 Reality Check as AI Network Push Heads to Brazil

Ciena Corporation Stock Faces $416 Reality Check as AI Network Push Heads to Brazil

Rothschild & Co Redburn initiated Ciena with a Neutral rating and a $416 target, about 22% below Friday’s $534.43 share price, citing that much of the optical-networking upside is already priced in. Ciena reported Q1 revenue of $1.43 billion, up 33%, and raised its 2026 forecast. The company will showcase new optical products at ABRINT 2026 in São Paulo next week.
1 May 2026
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Sandisk Corporation Stock: Why SNDK’s $42 Billion AI Storage Deals and $6 Billion Buyback Matter Now

Sandisk Corporation Stock: Why SNDK’s $42 Billion AI Storage Deals and $6 Billion Buyback Matter Now

Sandisk reported third-quarter revenue of $5.95 billion, up 97% from the prior quarter, and GAAP net income of $3.62 billion. The company announced a $6 billion share buyback and forecast fourth-quarter revenue above Wall Street estimates. Five new customer agreements now guarantee over $11 billion and cover a third of 2027 supply. Shares fell more than 6% despite the results.
1 May 2026
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Atlassian Corporation Stock Jumps 22% as AI-Led Earnings Beat Tests SaaS Selloff

Atlassian Corporation Stock Jumps 22% as AI-Led Earnings Beat Tests SaaS Selloff

Atlassian shares surged 22% Friday after the company beat quarterly estimates and raised its annual revenue forecast. Fiscal Q3 revenue climbed 32% to $1.787 billion, but Atlassian posted a $98.4 million net loss after restructuring charges. Cloud revenue rose 29% as customers expanded Jira use and adopted more AI features. Remaining performance obligations jumped 37% to $4.0 billion.
1 May 2026
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Nokia Stock Is Back: Jim Cramer’s “Winner” Call Lands As AI Sales Surge 49%

Nokia Stock Is Back: Jim Cramer’s “Winner” Call Lands As AI Sales Surge 49%

Nokia’s U.S.-listed shares rose to $13.62 Friday after reporting a 49% jump in first-quarter sales to AI and cloud customers, totaling €1 billion in orders. Comparable operating profit climbed 54% to €281 million, beating analyst estimates. The company raised its 2026 growth target for network infrastructure sales to up to 14%. Nokia also agreed to sell its fixed wireless access CPE business to Inseego.
1 May 2026
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Roblox Corporation Stock Plunges as Child-Safety Push Forces Big 2026 Forecast Cut

Roblox Corporation Stock Plunges as Child-Safety Push Forces Big 2026 Forecast Cut

Roblox shares dropped 19% Friday after the company cut 2026 bookings forecasts to $7.33–$7.60 billion, citing slower growth from new safety measures. First-quarter revenue rose 39% to $1.44 billion, but Roblox expects daily active users and Q2 bookings to fall short of analyst estimates. The company recently settled child-safety probes for $23.3 million and launched a new subscription service.
1 May 2026
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Moderna Revenue Beat: Overseas Covid Shot Sales Jump, but $900 Million Charge Clouds the Turnaround

Moderna Revenue Beat: Overseas Covid Shot Sales Jump, but $900 Million Charge Clouds the Turnaround

Moderna’s first-quarter revenue jumped to $389 million, driven by international Covid vaccine sales, while U.S. revenue fell to $78 million. The company posted a net loss of $1.34 billion after a $900 million patent settlement charge. Shares fell 2.7% in early trading. Moderna kept its 2026 growth target and expects FDA action on its flu vaccine by August 5, 2026.
1 May 2026
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Stock Market Today

  • Bitcoin Falls Below $60K, Crypto Stocks MSTR and APLD Lead Market Drop
    June 24, 2026, 4:32 PM EDT. Bitcoin plunged below the $60,000 mark, triggering a sharp selloff in cryptocurrency-linked stocks. MicroStrategy (MSTR) and Applied Digital (APLD) were among the hardest hit, amplifying concerns over further market declines. The drop reflects mounting investor caution amid regulatory pressures and volatile crypto prices. Analysts warn that the current trend could signal more pain for crypto stocks throughout the year, affecting broader market sentiment and investor portfolios linked to digital assets.
Costco to open Pensacola warehouse on Nine Mile Road June 25

Costco to open Pensacola warehouse on Nine Mile Road June 25

24 June 2026
Costco shares rose $3.83 to $961.51 as the company prepares to open its first Pensacola warehouse Thursday, entering a local market already served by Sam’s Club and BJ’s Wholesale Club; Costco recently reported 11.6% fiscal Q3 net sales growth and is targeting 30+ net new warehouse openings per year, but warns competition and economic factors could impact results.
Dow climbs but S&P 500 and Nasdaq dip after tech weakens

Dow climbs but S&P 500 and Nasdaq dip after tech weakens

24 June 2026
Micron’s after-hours earnings, expected to show profit growth over 1,000% and revenue up 285%, became Wall Street’s top focus as tech stocks faded and analysts warned the stock is “priced for perfection,” leaving no room for disappointment, with AI spending and PCE inflation data keeping rate risks in play.
Dow ends higher; Nasdaq drifts as AI stocks slip, oil falls

Dow ends higher; Nasdaq drifts as AI stocks slip, oil falls

24 June 2026
Dow outperformed as tech stocks slumped and airlines soared on falling oil prices; investors await Micron earnings and Thursday’s PCE inflation report, with a weak Micron result seen as a risk for Nasdaq and S&P 500 after recent semiconductor selloffs.
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