Today: 20 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.

D-Wave stock gains as quantum bets in Washington fuel new rally

D-Wave stock gains as quantum bets in Washington fuel new rally

D-Wave Quantum shares jumped 8.4% to $29.79 in New York Thursday after the company announced a proposed $100 million funding deal under the CHIPS Act. Trading volume reached 34.6 million shares. Quantum peers IonQ, Rigetti, and Quantum Computing Inc. also rose. D-Wave recently secured second-year funding for a superconducting qubits project and defended its quantum-supremacy results.
28 May 2026
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AMD Stock Is Running Hot Again as Wall Street Chases the Next Big AI Winner

AMD Stock Is Running Hot Again as Wall Street Chases the Next Big AI Winner

AMD shares rose 5.1% to $520.93 in midday trading Thursday, outpacing Nvidia and Intel as investors returned to chip stocks. The move follows AMD’s announcement of over $10 billion in investments across Taiwan’s chip sector and continued demand for its AI-focused CPUs and GPUs. The iShares Semiconductor ETF gained 1.9%. CEO Lisa Su said supply will increase each quarter through 2027.
28 May 2026
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Palantir Jumps, Wall Street Still Has AI Concerns

Palantir Jumps, Wall Street Still Has AI Concerns

Palantir shares rose 5.7% to $140.10 by midday Thursday, outpacing major indexes as investors returned to AI and data software stocks. Volume topped 22 million shares, with market cap near $360 billion. The company recently raised its 2026 revenue target to up to $7.66 billion after reporting 85% first-quarter revenue growth. Some analysts warn the stock price leaves little room for error.
28 May 2026
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Photronics Sinks 32% After Q2 Miss

Photronics Sinks 32% After Q2 Miss

Photronics shares plunged 32% Thursday after the company missed quarterly revenue and earnings estimates and cut guidance for the current quarter. Revenue fell to $209.9 million, below forecasts, with IC sales down 5% year over year. The stock last traded at $36.22 on heavy volume. The iShares Semiconductor ETF rose 1.35% in late morning trading.
28 May 2026
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Arm Shares Surge as Nvidia Vera CPU Shifts AI Market Toward Arm

Arm Shares Surge as Nvidia Vera CPU Shifts AI Market Toward Arm

Arm Holdings shares jumped 12.7% to $341.28 in New York Thursday after upbeat analyst notes tied the company more closely to Nvidia’s AI CPU efforts. Arm posted record fiscal 2026 revenue of $4.92 billion and reported AGI CPU demand for 2027–2028 now exceeds $2 billion. Mizuho raised its price target to $360, citing Arm’s expanding CPU lineup. Early Vera CPU benchmarks show Nvidia challenging Intel and AMD in data centers.
28 May 2026
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Super Micro Shares Move on Taiwan Server Seizure, AI Cloud Agreement

Super Micro Shares Move on Taiwan Server Seizure, AI Cloud Agreement

Super Micro shares rose 6.2% to $40.57 Thursday after the company reported Taiwanese officials arrested three suspects and seized 50 servers linked to illegal exports to China. The company also announced a major AI-cloud deployment in Europe with Verda. Trading volume exceeded 18 million shares. Super Micro forecast quarterly revenue of $11 billion to $12.5 billion.
28 May 2026
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Eli Lilly’s $20 Billion M&A Push Moves Into Vaccines

Eli Lilly’s $20 Billion M&A Push Moves Into Vaccines

Eli Lilly will acquire Curevo Inc., LimmaTech Biologics AG, and Vaccine Company Inc. for up to $3.83 billion in cash, gaining vaccine programs for shingles, staph infections, and Epstein-Barr virus. Shares rose about 5% after news of the deals and broader coverage for Zepbound and Foundayo. Curevo shareholders may receive up to $1.5 billion, LimmaTech $780 million, and Vaccine Company $1.55 billion.
28 May 2026
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Dow Rally Stalls as Oil and Inflation Worries Meet Iran Moves

Dow Rally Stalls as Oil and Inflation Worries Meet Iran Moves

The Dow Jones Industrial Average fell 110.97 points, or 0.22%, to 50,533.31 by 10:01 a.m. ET Thursday, pressured by renewed U.S.-Iran tensions and April inflation data showing the PCE index up 3.8% year-over-year. Energy stocks led declines as gasoline prices surged 12.3% in April. Fed officials signaled rates may stay high. Caterpillar and Sherwin-Williams weighed heavily on the Dow.
28 May 2026
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S&P 500 Holds Ground After Inflation Data as AI Stocks Lend Support

S&P 500 Holds Ground After Inflation Data as AI Stocks Lend Support

S&P 500 rose 0.34% and Nasdaq gained 0.33% late Thursday morning, while the Dow slipped 0.08%. April PCE inflation hit 3.8% year-over-year, the fastest pace since May 2023. Brent crude traded at $94.73 a barrel and the 10-year Treasury yield stood at 4.508%. AI-related earnings and retail forecasts lifted some stocks despite inflation and Middle East tensions.
28 May 2026
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Infleqtion Shares Rise On Oxford Quantum Update, Holder Sale Lingers

Infleqtion Shares Rise On Oxford Quantum Update, Holder Sale Lingers

Infleqtion shares rose 8.7% to $16.81 in early NYSE trading after announcing plans to open an Oxford Quantum Innovation Centre, aiming to triple UK capacity. SEC filings showed Maverick-linked entities sold shares last week at prices from $14.69 to $17.04. Infleqtion reported Q1 revenue of $9.5 million, a 14% increase, and raised its 2026 revenue target to at least $40 million.
28 May 2026
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Bitmine Shares Slip After Ether Dips Below $2,000, Spotlight on $12.3 Billion Crypto Bet

Bitmine Shares Slip After Ether Dips Below $2,000, Spotlight on $12.3 Billion Crypto Bet

Bitmine Immersion Technologies shares fell 4.6% to $17.96 Thursday after ether dropped below $2,000 for the first time since March. The company reported holding 5.39 million ETH and $12.3 billion in crypto, cash, and other investments as of May 25. Bitmine is on FTSE Russell’s preliminary Russell 3000 additions list, with the index rebalancing set for June 26. Peers Strategy and SharpLink also traded lower.
28 May 2026
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UMAC Stock Gains After Pentagon Funding Report, Profit Uncertainty Remains

UMAC Stock Gains After Pentagon Funding Report, Profit Uncertainty Remains

Unusual Machines shares jumped as much as 52% Thursday after reports the Trump administration is in talks to fund U.S. drone makers. The Orlando-based supplier’s stock was last up 41% at $26.52. First-quarter revenue soared 296% to $8.1 million, but the company posted a $7.3 million operating loss. Reuters said it could not independently confirm the government funding talks.
28 May 2026
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Butterfield’s $1.8B CIBC Purchase Shakes Up Caribbean Banking

Butterfield’s $1.8B CIBC Purchase Shakes Up Caribbean Banking

Butterfield will acquire CIBC’s 91.67% stake in CIBC Caribbean for about $1.8 billion in cash and stock, valuing shares at $1.14 each. The deal, expected to close in the first half of 2027, would give Butterfield control of 41 branches across 10 countries and boost its assets to $29 billion. CIBC expects a 24 basis point increase in its core capital ratio. Approvals from shareholders and regulators are pending.
28 May 2026
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Keel’s AI rally gets premarket test

Keel’s AI rally gets premarket test

Keel Infrastructure shares fell 1.82% in premarket trading Thursday after a 7.31% gain Wednesday, as the company shifts from Bitcoin mining to AI data centers. First-quarter revenue dropped 23% to $37 million, with an operating loss of $98 million. Keel reported $533 million in liquidity as of May 8. The company completed its U.S. redomiciling and rebrand from Bitfarms in April.
28 May 2026
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Opendoor Stock Added to Russell 3000, Shares on Traders’ Radar

Opendoor Stock Added to Russell 3000, Shares on Traders’ Radar

Opendoor Technologies shares rose 6% premarket Thursday after the company said it will join the Russell 3000 Index at the June 26 close. CEO Kaz Nejatian recently bought 100,000 shares, raising his stake to 83.58 million. Opendoor reported first-quarter revenue of $720 million and a net loss of $173 million. The company expects second-quarter revenue to rise 25% over the prior quarter.
28 May 2026
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SoFi Stock Just Got a Crypto Twist Investors Can’t Ignore

SoFi Stock Just Got a Crypto Twist Investors Can’t Ignore

SoFi launched its bank-issued SoFiUSD stablecoin to nearly 15 million app users, expanding beyond enterprise clients. Shares traded at $16.17 before Thursday’s U.S. open, valuing the company at about $22.3 billion. The token is redeemable 1:1 for dollars from SoFi Bank and runs on Ethereum and Solana. SoFi reported Q1 adjusted net revenue of $1.09 billion and deposits of $40.2 billion.
28 May 2026
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Stock Market Today

  • Energy Fuels (TSX:EFR) Stock Potentially Undervalued by 43.7% After $725M U.S. Financing
    June 20, 2026, 8:34 AM EDT. Energy Fuels (TSX:EFR) secured a conditional US$725 million financing commitment from the U.S. Office of Strategic Capital to expand its critical minerals and rare earth metals capacity. The stock surged over 16% following the announcement, pushing its 1-year total shareholder return above 200%. A fair value estimate places the stock at CA$41.63, suggesting it is 43.7% undervalued compared to the recent CA$23.42 closing price. Expansion of the White Mesa Mill could position Energy Fuels as a key western supplier amid rising demand due to supply chain security and electrification trends. However, risks remain from feedstock supply and project approvals. The current price-to-sales ratio of 48.6 times signals valuation risk if growth expectations are not met.

Latest articles

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

US Stock Market Today: Live Updates 20.06.2026

20 June 2026
LIVEMarkets rolling coverageStarted: June 20, 2026, 4:00 AM EDTUpdated: June 20, 2026, 8:43 AM EDT Energy Fuels (TSX:EFR) Stock Potentially Undervalued by 43.7% After $725M U.S. Financing June 20, 2026, 8:34 AM EDT. Energy Fuels (TSX:EFR) secured a conditional US$725 million financing commitment from the U.S. Office of Strategic Capital to expand its critical minerals and rare earth metals capacity. The stock surged over 16% following the announcement, pushing its 1-year total shareholder return above 200%. A fair value estimate places the stock at CA$41.63, suggesting it is 43.7% undervalued compared to the recent CA$23.42 closing price. Expansion of the
JBS shutdowns put pressure on U.S. beef as cattle prices rise

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

20 June 2026
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.
TSMC Leads Nvidia in Short Week Chip Gains

TSMC Leads Nvidia in Short Week Chip Gains

20 June 2026
TSMC’s U.S.-listed shares soared 6.9% to $462.12, outpacing Nvidia’s 3.0% gain, as investors favored broad chip manufacturing exposure after an interim U.S.-Iran deal eased inflation fears and Taiwan’s central bank raised its 2026 economic-growth forecast to 9.45% on AI-driven semiconductor demand.
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