Today: 29 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.

Cummins stock price sinks after Accelera charge; traders eye 2026 outlook and data-center demand

Cummins stock price sinks after Accelera charge; traders eye 2026 outlook and data-center demand

Cummins shares dropped 10.7% to $540.38 after fourth-quarter results and $218 million in charges tied to its Accelera hydrogen unit. Revenue rose 1% to $8.5 billion, but investors focused on margin pressure from tariffs and a strategic review of Accelera. CEO Jennifer Rumsey said North American truck demand may improve late 2026, while data-center backup power orders remain strong.
6 February 2026
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Bank of America stock price dips as BAC investors brace for delayed U.S. data next week

Bank of America stock price dips as BAC investors brace for delayed U.S. data next week

Bank of America shares fell 0.8% to $54.94 Thursday as Wall Street declined, led by a tech selloff. After the close, the bank said it will redeem all outstanding Series DD preferred shares and related depositary shares on March 10 at $1,000 each. Weekly jobless claims rose to 231,000, while job openings fell to 6.54 million in December. The January jobs report is now set for Feb. 11, with CPI data due Feb. 13.
6 February 2026
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PayPal stock sinks again after CEO shake-up as downgrades pile on — what’s next for PYPL

PayPal stock sinks again after CEO shake-up as downgrades pile on — what’s next for PYPL

PayPal shares fell 2.8% Thursday, closing near $39.90 after a week of declines sparked by a CEO ouster and a weak 2026 profit outlook. Brokerages including HSBC and Canaccord downgraded the stock, citing competition from Apple Pay and Google Pay and concerns over PayPal’s branded checkout business. Enrique Lores will become CEO March 1 with a $1.45 million salary and $20 million in equity.
6 February 2026
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Estee Lauder stock price drops 19% after outlook — what investors watch next for EL shares

Estee Lauder stock price drops 19% after outlook — what investors watch next for EL shares

Estée Lauder shares plunged 19.2% to $96.66 Thursday after its earnings outlook midpoint missed estimates and the company warned of a $100 million tariff hit and lower Q3 margins. Net sales rose 6% to $4.23 billion for the quarter, but the adjusted earnings forecast fell short of expectations. The company maintained its full-year tariff headwind estimate and signaled possible price changes.
6 February 2026
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SoFi stock dives 6% as Wall Street wobbles — then a top executive buys shares

SoFi stock dives 6% as Wall Street wobbles — then a top executive buys shares

SoFi Technologies shares fell 6.2% to $19.46 on heavy volume after a broad U.S. market sell-off. Executive Eric Schuppenhauer disclosed buying 5,000 shares at $19.93, according to an SEC filing. Investors are watching interest rates and a delayed U.S. jobs report for signals on consumer-credit stocks. SoFi’s trading volume topped 87 million shares, far above average.
6 February 2026
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Super Micro (SMCI) stock slides 9% after earnings spike — what to watch before Friday’s trade

Super Micro (SMCI) stock slides 9% after earnings spike — what to watch before Friday’s trade

Super Micro Computer shares fell 8.6% to $30.85 Thursday, reversing Wednesday’s surge after the company raised its 2026 sales forecast to $40 billion but reported sharply lower margins. Gross margin dropped to 6.3% last quarter as net sales rose to $12.7 billion. Trading volume more than doubled its 50-day average. Other AI hardware stocks, including Nvidia and AMD, also declined.
6 February 2026
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CoreWeave stock price sinks 9% as CRWV traders weigh ARENA launch and Feb. 26 earnings

CoreWeave stock price sinks 9% as CRWV traders weigh ARENA launch and Feb. 26 earnings

CoreWeave shares fell 9.5% Thursday to $74.65, with nearly 23.6 million shares traded. The drop came as the company launched CoreWeave ARENA, a lab for testing production-scale AI workloads. Investors await fourth-quarter results on Feb. 26 and face a March 13 deadline to join a securities class action. Nvidia recently invested $2 billion in CoreWeave at $87.20 per share.
6 February 2026
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P&G stock price climbs in late trade as investors rotate to defensives — and an insider sale hits the tape

P&G stock price climbs in late trade as investors rotate to defensives — and an insider sale hits the tape

Procter & Gamble shares rose 1.1% to $158.61 in after-hours trading, outperforming broader market declines. CEO Ma. Fatima D. Francisco sold 8,000 shares at $158 each on Feb. 4, according to a regulatory filing. U.S. jobless claims increased to 231,000, while job openings fell to 6.542 million. P&G’s Gillette Venus announced a partnership with U.S. Figure Skating ahead of the Milano Cortina Winter Games.
6 February 2026
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Citigroup stock price slips after Wall Street selloff; Citi’s preferred redemption and Trump Accounts match in focus

Citigroup stock price slips after Wall Street selloff; Citi’s preferred redemption and Trump Accounts match in focus

Citigroup shares fell 1.5% to $115.74 Thursday, with little change after hours and trading volume above average. The bank said it will redeem $2.3 billion in Series X preferred shares on Feb. 18 at $1,000 each, and will match the U.S. government’s $1,000 “Trump Account” deposits for eligible employee families starting July 4. Wall Street ended lower, led by declines in tech stocks.
6 February 2026
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Walmart pharmacy technician pay push shows up on job boards as new team-lead roles roll out

Walmart pharmacy technician pay push shows up on job boards as new team-lead roles roll out

Walmart posted new pharmacy job listings Thursday, showing pay for team leads in Norman, Oklahoma, at $21–$34 an hour and certified technicians in Vernal, Utah, at $21–$26. The company recently upgraded 3,000 positions to team lead roles, with average pay around $28 and some reaching $42. Salary ranges vary by location and certification. The updates come as Walmart expands pharmacy services and roles amid rising walk-in care demand.
6 February 2026
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Solana slides below $80 as Standard Chartered cuts 2026 target, still sees $2,000 by 2030

Solana slides below $80 as Standard Chartered cuts 2026 target, still sees $2,000 by 2030

Standard Chartered cut its 2026 price target for Solana to $250 from $310 as SOL dropped below $80 during a broad crypto sell-off. The bank cited a shift from memecoin trading to stablecoin micropayments, warning fee impacts may be slow. Technicians flagged failed support at $102, $100, and $95, with $74 as a possible next target. The 2030 forecast remains $2,000.
6 February 2026
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AbbVie stock ticks higher after hours as traders digest 2026 outlook after Rinvoq miss

AbbVie stock ticks higher after hours as traders digest 2026 outlook after Rinvoq miss

AbbVie shares rose 0.7% to $219.02 in after-hours trading Thursday, rebounding after a nearly 6% drop following its earnings report. Skyrizi beat sales estimates with $5.01 billion, while Rinvoq missed at $2.37 billion. The company raised its 2026 forecast for the pair to $31.6 billion. Investors remain focused on whether new drugs can offset Humira’s ongoing decline.
6 February 2026
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Stock Market Today

  • IBM Removed from Russell 1000 Defensive Index
    June 29, 2026, 12:15 AM EDT. International Business Machines Corporation (NYSE: IBM) has been dropped from the Russell 1000 Defensive Index. The index tracks U.S. large-cap stocks with lower volatility and defensive characteristics, typically shielding investors during market downturns. IBM's removal could reflect shifts in its market profile or volatility. This change is part of the annual reconstitution process of the Russell indices, which adjusts components based on updated market data and criteria.

Latest articles

Trump-era loan caps could open door for private lenders in grad school market

Trump-era loan caps could open door for private lenders in grad school market

29 June 2026
July 1 federal loan caps slash Grad PLUS access, forcing many graduate and professional students to seek private loans; Sallie Mae projects up to 70% origination growth over several years, while SoFi reports record student-loan volume—investors now face a real-time test of how much demand shifts to private lenders as federal limits hit.
IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

29 June 2026
IREN Limited (NASDAQ:IREN) plunged 21.3% to $47.21 over five straight down days despite announcing a record $50M+ annual Warriors jersey deal, as investors focused on the company’s not fully contracted $4.4B target ARR and high short interest at 19.74% of float, with Friday’s close near the lowest analyst target.
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