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.

ServiceNow AI move puts pressure on Salesforce

ServiceNow Stock Draws Large Institutional Interest, Latest Filings Suggest Change

Institutional investors including Glenview Trust, Coldstream Capital, and MMBG Investment Advisors sharply increased ServiceNow stakes in the fourth quarter, SEC filings show. ServiceNow shares last traded near $102, valuing the firm at about $106 billion. First-quarter revenue rose 22% to $3.77 billion. Analysts and investors are weighing the company’s AI prospects against sector caution.
26 May 2026
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Google Faces $450 Test as AI Rally Meets EU Risk

Google Faces $450 Test as AI Rally Meets EU Risk

Alphabet shares edged up 0.13% pre-market to $383.47 after closing at $382.97, as analysts raised price targets following strong Q1 results. Revenue rose 22% to $109.9 billion, with Google Cloud sales up 63% and EPS at $5.11. Investors await the U.S. open amid AI-driven optimism and concerns over a possible EU fine. Capital spending is projected at up to $190 billion this year.
26 May 2026
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Fresh Money Flows to Bloom Energy on AI Power Bet; Next Big Hurdle Ahead

Bloom Energy’s $2.6 Billion AI Deal Back on Wall Street’s Radar

Daiwa Securities upgraded Bloom Energy to Outperform and raised its target to $324, citing shifts in orders and margins amid surging AI power demand. Bloom and Nebius Group signed a deal for up to 328 MW of fuel-cell capacity, with Nebius potentially paying $2.6 billion over 10 years. Bloom shares traded at $314 premarket after closing at $302.49 on May 22. First-quarter revenue rose 130% to $751.1 million.
26 May 2026
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Why Is Bitcoin Down Today? BTC Slips Below $80,000 as Hot Inflation, Yields and ETF Wobbles Hit Crypto

Saylor’s Bitcoin Machine Picks Up Bonds, Not Bitcoin — Wall Street Notices

Strategy Inc. paused bitcoin purchases this week to buy back $1.5 billion of its 2029 convertible notes, paying about $1.38 billion in cash. The company recently added 24,869 bitcoin for $2.01 billion, raising its holdings to 843,738 tokens—over 4% of total supply. Shares fell 3% to $159.89 as bitcoin traded near $77,100. TD Cowen raised its price target to $400, citing strong treasury activity.
26 May 2026
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CoreWeave Stock Drops as $99 Billion AI Backlog Runs Into Bigger Spending Bill

Wall Street Is Warming To CoreWeave Again. Nebius Is The Catch It Can’t Ignore

CoreWeave shares rose after GF Securities initiated coverage with a “Buy” rating, citing strong demand and major customer contracts. The Nvidia-backed AI cloud firm reported Q1 revenue of $2.08 billion and a $99.4 billion backlog. Rival Nebius posted Q1 revenue of $399 million, up 684% year-on-year, and raised its 2026 capital spending forecast to up to $25 billion.
26 May 2026
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Meta’s $145 Billion AI Spending Triggers Wall Street Calls on Payoff Timing

Meta’s $145 Billion AI Spending Triggers Wall Street Calls on Payoff Timing

Meta raised its 2026 AI infrastructure spending forecast to $125–$145 billion, citing higher component and data center costs. Shares fell as much as 12% after the update, closing down 8.6% the next session. Wolfe Research projects over $26 billion in new 2027 revenue from AI, but analysts question when returns will materialize. CEO Mark Zuckerberg defended the investment, saying returns often lag large-scale product rollouts.
26 May 2026
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Fresh $80 Wall Street Target Lands on Oklo, But the Catch Remains

Fresh $80 Wall Street Target Lands on Oklo, But the Catch Remains

Oklo shares rose 1.2% premarket after Bank of America initiated coverage with a Buy rating and $80 target. The company reported $2.54 billion in cash as of March 31 and a Q1 net loss of $33.1 million. Oklo has a binding 1.2-gigawatt power deal with Meta and over 14 gigawatts in non-binding agreements. The NRC approved a key design report for Oklo’s Aurora reactor earlier this month.
26 May 2026
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AI Infrastructure Stocks Face a Gut Check as Super Micro, Google and Nebius Pull Apart

AI Infrastructure Stocks Face a Gut Check as Super Micro, Google and Nebius Pull Apart

Super Micro Computer shares rose to $35.58 before the bell, outpacing Nebius and Alphabet in Zacks Investment Research’s latest AI infrastructure rankings. Zacks called Alphabet the safer long-term play due to its broader AI ecosystem and stronger finances. Super Micro reported Q3 net sales of $10.2 billion, more than double last year. Nebius posted $399 million in Q1 revenue but faces heavy capital demands as it expands.
26 May 2026
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Nvidia’s $3.4 Billion IREN Deal Shows Next AI Bottleneck

Nvidia’s $3.4 Billion IREN Deal Shows Next AI Bottleneck

IREN Ltd. co-founder Daniel Roberts warned it could take until 2030 for a new 1-gigawatt AI data center to go live, citing delays in land and power infrastructure. IREN shares traded at $56.83 premarket, with a $19 billion market cap. Nvidia and IREN announced up to 5 gigawatts of joint AI infrastructure and a $3.4 billion GPU cloud deal. IREN posted a $247.8 million quarterly loss as bitcoin mining revenue fell.
26 May 2026
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Broadcom puts $125 million into UCLA AI chip center

Broadcom puts $125 million into UCLA AI chip center

Broadcom, Meta Platforms, Applied Materials, GlobalFoundries, and Synopsys are investing $125 million to launch a semiconductor center at UCLA, aiming to advance custom AI chip development, the university said. The five-year hub will support doctoral research and offer internships at the founding firms. Broadcom shares were flat pre-market at $414.14, while Meta rose 0.5% and Nvidia fell 1.9%.
26 May 2026
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Taiwan Market Rises Ahead of India as TSMC Gains

Taiwan Market Rises Ahead of India as TSMC Gains

Taiwan’s stock market overtook India’s in value, reaching $4.95 trillion on May 25, driven by a surge in Taiwan Semiconductor Manufacturing Co. shares. TSMC now accounts for over 42% of Taiwan’s main index and is up 49% this year. India’s market fell amid rising oil prices and supply disruptions linked to Middle East tensions. Taiwan is now the world’s fifth-largest equity market, behind the U.S., China, Japan, and Hong Kong.
26 May 2026
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Sandisk Stock Warning: The $1,150 SNDK Offer Investors Are Being Told to Reject

SanDisk AI rally has investors watching for what’s next

SanDisk shares traded at $1,478.69 before Tuesday’s U.S. open, down 4.1%, as investors questioned whether the company can sustain its AI-driven rally. The firm reported $5.95 billion in fiscal Q3 revenue, up 97% from the prior quarter, and expects up to $8.25 billion this quarter. SanDisk disclosed $41.6 billion in remaining performance obligations, mostly unbilled. CEO David Goeckeler cited a “fundamental inflection point.”
26 May 2026
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IonQ quantum run up ahead of Tuesday as Washington puts $2 billion in play

IonQ quantum run up ahead of Tuesday as Washington puts $2 billion in play

IonQ shares rose 2.8% to $65.43 in premarket trading Tuesday after the Memorial Day break, despite missing out on $2 billion in new U.S. Commerce Department quantum funding. IBM secured $1 billion in CHIPS Act incentives for a new quantum foundry, while D-Wave and Rigetti each received $100 million. IonQ posted Q1 revenue of $64.7 million, up 755% year-over-year, but faces scrutiny over valuation and cash burn.
26 May 2026
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NIO Stock Rises Before Onvo L80 Launch as China EV Demand Faces a Hard Test

NIO Heads Into Post-Holiday Trading With Eyes on ES9 Launch, Profit Targets

NIO’s U.S.-listed shares closed at $5.20 on Friday, down 7.1% ahead of the Memorial Day holiday. The company will launch its ES9 electric SUV in China on Wednesday, with pre-sales starting at 528,000 yuan. NIO reported first-quarter revenue of RMB25.53 billion and improved gross margin to 19.0%. Second-quarter deliveries are forecast between 110,000 and 115,000 units.
26 May 2026
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D-Wave Heads Into $100 Million U.S. Challenge as Quantum Peer Stocks Jump

D-Wave Heads Into $100 Million U.S. Challenge as Quantum Peer Stocks Jump

D-Wave Quantum Inc. traded at $29.28 premarket Tuesday, down 0.4% after a 44.5% surge last week tied to a proposed $100 million CHIPS Act funding deal with the U.S. government. The agreement would give the Department of Commerce an equity stake if finalized. First-quarter revenue fell 81% to $2.9 million, while bookings rose sharply to $33.4 million. D-Wave ended March with $588.4 million in cash and marketable securities.
26 May 2026
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Rigetti Computing Stock Jumps Before RGTI Earnings as Quantum Revenue Test Hits Tonight

Rigetti Stock’s $100 Million Quantum Deal Has One Big Catch Traders Can’t Ignore

Rigetti Computing shares dipped 0.23% to $26.36 in early premarket trading Tuesday after a two-day surge of over 50%. The move follows Rigetti’s May 21 announcement of a letter of intent with the U.S. Commerce Department for up to $100 million in funding. The award involves issuing new stock to the government at a discounted price, raising dilution risk for current shareholders.
26 May 2026
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American Airlines Shares Trade Premarket; Investors Eye Fuel Shock

American Airlines Shares Trade Premarket; Investors Eye Fuel Shock

American Airlines rose 26.5 cents to $13.85 in premarket trading Tuesday, with Delta and United also higher as U.S. markets reopened after Memorial Day. Brent crude jumped over 3% after new U.S. strikes on Iran, raising concerns about jet fuel costs. American expects 2026 adjusted earnings between a 40-cent loss and $1.10 profit, citing $4 billion in higher fuel expenses. CEO Robert Isom will speak at a Bernstein conference Wednesday.
26 May 2026
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Navitas Shares Jump Again, Hot Streak Faces Dilution Risk With AI Bet

Navitas Shares Jump Again, Hot Streak Faces Dilution Risk With AI Bet

Navitas Semiconductor shares rose to around $32 in premarket trading Tuesday, up 9.4% from Friday’s $29.25 close. Two SEC filings from May 22 detailed the issuance of over 3.2 million merger earnout shares and the settlement of a SPAC-era sponsor share dispute. The company remains unprofitable and has increased its share count under prior agreements. First-quarter revenue reached $8.6 million, down from $14 million a year ago.
26 May 2026
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Stock Market Today

  • Investors Eye Micron Earnings as Key Indicator for AI-Driven Stock Rally
    June 20, 2026, 1:20 PM EDT. Micron Technology's upcoming earnings report is viewed as a crucial gauge of the U.S. stock market rally fueled by artificial intelligence (AI) momentum. Despite a recent selloff, major indexes stay near all-time highs, backed by strong corporate earnings and AI investment growth. Micron shares have surged 298% year-to-date, reflecting booming demand for memory chips tied to data centers. The report on June 24 will indicate if AI-driven semiconductor spending and profits can continue to exceed expectations. AI investment spending is projected to grow beyond $700 billion this year, up from $400 billion in 2025. While the AI narrative dominates, investors remain cautious amid upcoming macroeconomic data, including inflation and GDP figures, which could impact consumer health and economic growth.

Latest articles

Chip Rally Breaks as Nasdaq Faces Tight Labor Market

Nasdaq gets boost from AI chip stocks; Fed rate question stays in focus

20 June 2026
Intel soared 10.6% after President Trump announced Apple will partner with the company on U.S. chip design and manufacturing, fueling a semiconductor-led rally that lifted the S&P 500 by 0.93% and the Nasdaq by 2.43% in a holiday-shortened week, even as investors remain wary of persistent inflation and potential Fed rate hikes.
Teradyne set to join Nasdaq-100 after shortened week rally

Teradyne set to join Nasdaq-100 after shortened week rally

20 June 2026
Teradyne surged 7.19% to $437.92 ahead of its Nasdaq-100 inclusion before Monday’s open, capping an 8.6% weekly gain driven by AI-linked test demand and index fund buying; with shares near 52-week highs and trading at 81 times earnings, the stock faces a high bar as investors weigh whether AI momentum and passive inflows can sustain further gains.
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