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.

Mastercard Earnings Beat Wall Street, But April Cross-Border Slowdown Hits Stock

Mastercard Earnings Beat Wall Street, But April Cross-Border Slowdown Hits Stock

Mastercard shares fell 2.7% Thursday despite first-quarter profit and revenue beating estimates, as investors reacted to slower April cross-border spending growth. Adjusted earnings reached $4.60 per share on $8.4 billion revenue. Cross-border volume growth dropped to 9% in April from 13% in Q1, with travel-linked growth at just 2%. Operating expenses rose 13%, including a $202 million restructuring charge.
HP’s HyperX Launch Puts Gaming Back in Focus as HPQ Stock Tries to Recover

HP’s HyperX Launch Puts Gaming Back in Focus as HPQ Stock Tries to Recover

HP Inc. unveiled new HyperX gaming accessories Thursday, including the Clutch Talon controller ($159.99) and Cloud Stinger 3 headsets (from $49.99), alongside updated NGENUITY software. The launch comes as HP’s Personal Systems revenue rose 11% to $10.3 billion last quarter, while printing fell. Shares rose 0.3% to $20.21. Interim CEO Bruce Broussard is leading the company after Enrique Lores stepped down in February.
Lemonade Stock Falls After Q1 Beat — Why Investors Are Still Watching Profitability

Lemonade Stock Falls After Q1 Beat — Why Investors Are Still Watching Profitability

Lemonade reported first-quarter revenue up 71% to $258 million and a net loss of $35.8 million, narrower than a year ago. Shares fell 1.3% to $55.27 in early trading. The insurer raised 2026 guidance and reaffirmed its target for positive adjusted EBITDA in the fourth quarter. In-force premium rose 32% to $1.33 billion, while gross loss ratio improved to 62%.
FuelCell Energy Stock Jumps as AI Power Boom Puts FCEL Back in Play

FuelCell Energy Stock Jumps as AI Power Boom Puts FCEL Back in Play

FuelCell Energy shares jumped 37% Wednesday, trading near a one-year high at $13.64 premarket Thursday, as investors bet on fuel-cell demand for AI data centers. Rival Bloom Energy reported Q1 revenue up 130% to $751.1 million and will supply up to 2.45 GW of fuel cells to Oracle’s Project Jupiter. FuelCell’s January-quarter revenue rose 61% to $30.5 million but it posted a net loss of $26.1 million.
America’s Credit Split Is Getting Worse: TransUnion Data Shows Who Is Being Squeezed

America’s Credit Split Is Getting Worse: TransUnion Data Shows Who Is Being Squeezed

TransUnion reported a sharper split in U.S. consumer credit, with 15 million more borrowers in the super-prime tier since 2019, while near-prime and subprime borrowers face rising debt-to-income ratios. Bankcard balances hit $1.12 trillion in Q1, and personal loan originations reached 7.6 million in Q4, both up from a year earlier. Mortgage delinquencies of 60 days or more rose to 1.57%.
30 April 2026
PennyMac Investor Probe Deepens After 33% Stock Plunge: What PFSI Holders Need To Know

PennyMac Investor Probe Deepens After 33% Stock Plunge: What PFSI Holders Need To Know

Rosen Law Firm said it is preparing a class action for PennyMac Financial Services investors after the company’s January earnings disclosure triggered a 33.3% one-day stock drop. Schall Law Firm launched a separate investigation into possible false or misleading statements. PennyMac’s servicing segment pretax income fell to $37.3 million from $157.4 million in the prior quarter. The company reports first-quarter results May 5.
30 April 2026
US Dollar Drops as GDP Miss and Core PCE Jump Cloud Fed Cut Bets

US Dollar Drops as GDP Miss and Core PCE Jump Cloud Fed Cut Bets

The U.S. dollar fell Thursday after first-quarter GDP growth missed forecasts and core inflation accelerated, complicating the Federal Reserve’s rate outlook. The Dollar Index dropped 0.59% to 98.33, with the dollar hitting session lows against the yen after Japanese officials hinted at intervention. The Fed held rates steady Wednesday but showed division over future cuts. U.S. GDP grew at a 2.0% annualized rate, while core PCE inflation jumped to 4.3%.
QUALCOMM Incorporated (QCOM) Stock Jumps as AI Data-Center Bet Offsets Weak Forecast

QUALCOMM Incorporated (QCOM) Stock Jumps as AI Data-Center Bet Offsets Weak Forecast

Qualcomm shares rose 10.3% premarket Thursday after CEO Cristiano Amon said the smartphone market had bottomed and highlighted progress in data-center chips. Fiscal Q2 revenue fell 3% to $10.6 billion, with handset revenue down 13% but automotive up 38%. The Q3 forecast missed Wall Street estimates. Qualcomm expects chip sales to Chinese handset makers to recover after Q3.
Eli Lilly Raises 2026 Forecast as Mounjaro, Zepbound Sales Keep Weight-Loss Boom Alive

Eli Lilly Raises 2026 Forecast as Mounjaro, Zepbound Sales Keep Weight-Loss Boom Alive

Eli Lilly raised its 2026 revenue forecast by $2 billion after first-quarter sales jumped 56% to $19.8 billion, driven by Mounjaro and Zepbound, which brought in $12.8 billion. Adjusted earnings reached $8.55 per share. The company cited strong demand but noted lower realized prices and competition from Novo Nordisk remain risks. Foundayo, Lilly’s new oral GLP-1 pill, launched in April but was not included in the quarter’s results.
Gas Prices Hit $4.30: Why America’s Oil Boom Isn’t Saving Drivers

Gas Prices Hit $4.30: Why America’s Oil Boom Isn’t Saving Drivers

U.S. gasoline prices hit $4.30 a gallon Thursday, the highest since 2022, as the Iran war and refinery issues drove up crude costs. Brent crude briefly topped $126 a barrel before settling at $121.90. U.S. crude output reached a record 13.6 million barrels per day last year, but high exports and falling inventories tightened supplies. Michigan saw prices jump to $4.58 amid regional refinery problems.
Microsoft Corporation’s $190 Billion AI Bet Is the Number Wall Street Can’t Ignore

Microsoft Corporation’s $190 Billion AI Bet Is the Number Wall Street Can’t Ignore

Microsoft set a $190 billion budget for its 2026 AI expansion and forecast Azure growth above Wall Street expectations, but warned of sharply higher data-center costs. Fiscal third-quarter revenue rose 18% to $82.9 billion, with net income up 23% to $31.8 billion. Shares dipped 1.1% to $424.46 in premarket trading. Microsoft ended its exclusive deal to sell OpenAI models, opening the door for OpenAI to work with rivals.
Amazon Stock Rises on AWS AI Growth — Why AMZN’s Cloud Beat Matters Now

Amazon Stock Rises on AWS AI Growth — Why AMZN’s Cloud Beat Matters Now

Amazon Web Services reported 28% revenue growth to $37.6 billion, its fastest in 15 quarters, pushing Amazon shares up 1.4% early Thursday. First-quarter net sales rose 17% to $181.5 billion, with net income at $30.3 billion, boosted by gains from Anthropic. Amazon forecast second-quarter sales of $194–$199 billion. Google Cloud grew 63% to $20 billion, outpacing AWS’s growth rate.
Why Intel Stock Hit a Record: Google AI Chip Report Puts Foundry Turnaround in Focus

Why Intel Stock Hit a Record: Google AI Chip Report Puts Foundry Turnaround in Focus

Intel shares hit a record $94.75 early Thursday, up 12%, after reports that Google may use Intel’s EMIB packaging for next-generation AI chips. Intel Foundry posted $5.42 billion in Q1 revenue but lost $2.44 billion. Apple is also evaluating Intel’s 18A-P process for M-series chips, according to TrendForce. Google and Intel recently announced a multiyear partnership on AI and cloud infrastructure.
US Stock Market Today: Futures Rise Before GDP as Big Tech Earnings Split Wall Street

US Stock Market Today: Futures Rise Before GDP as Big Tech Earnings Split Wall Street

U.S. stock futures rose early Thursday, with Dow mini futures up 351 points, as strong cloud results from Alphabet and Amazon boosted sentiment. Alphabet shares jumped 6.1% premarket after reporting a 22% revenue gain and 63% Google Cloud growth; Amazon shares rose 1.9% on 28% AWS sales growth. Meta fell 8% and Microsoft dropped 1.9% as investors questioned rising AI-related spending.
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Stock Market Updates

Coeur Mining slides after gold, silver drop leaves cash flow target exposed

Coeur Mining slides after gold, silver drop leaves cash flow target exposed

24 June 2026
Coeur Mining plunged 5.1% to $15.47—about $3.4 billion below its recent market cap—as spot gold and silver prices dropped far below the levels used in Coeur’s bullish 2026 guidance, putting its $2 billion free cash flow target and analyst price estimates at risk just days after joining the S&P MidCap 400.
Snap rally puts Specs AR stake close to half its value

Snap rally puts Specs AR stake close to half its value

24 June 2026
Snap has spent over $3.5 billion—about 46% of its $7.5 billion market value—on Specs AR glasses, now facing pressure as Meta launches $299 AI glasses and Snap’s stock remains down 12% since Specs’ June 16 debut, highlighting investor concerns over high costs, slow adoption, and competition.
Transocean falls as oil drop puts offshore drillers under pressure

Transocean falls as oil drop puts offshore drillers under pressure

24 June 2026
Transocean shares plunged 4.5% to $5.04 as oil prices tumbled, raising risks of slower offshore drilling spending despite recent $185 million contract wins and a $7.1 billion backlog; investors remain focused on the $5.8 billion all-stock Valaris merger, now facing U.S. antitrust scrutiny.
Archer drops ahead of Texas decision, FAA testing remains a concern

Archer drops ahead of Texas decision, FAA testing remains a concern

24 June 2026
Archer Aviation shares dropped 3.8% to $5.05 after three straight declines as investors await Friday’s shareholder vote on moving legal incorporation to Texas, while the company advances its Midnight eVTOL aircraft into Phase 4 FAA certification testing amid ongoing cash burn and projected Q2 adjusted EBITDA loss of $170 million to $200 million.
IREN Limited falls on Bitcoin drop and AI spending worries

IREN Limited falls on Bitcoin drop and AI spending worries

24 June 2026
IREN plunged 9.5% to $49.51, underperforming AI and crypto peers, as investors weighed analyst splits on its shift from Bitcoin mining to AI cloud, risks to $4.4 billion revenue targets from chip delivery delays, and a 4.1% drop in Bitcoin, while recent Microsoft and Nvidia deals hinge on meeting strict project timelines.
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