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.

Why Intuit stock slid Thursday — then edged up after hours on a fresh ChatGPT rollout

Why Intuit stock slid Thursday — then edged up after hours on a fresh ChatGPT rollout

Intuit shares closed down 2.4% at $434.91 Thursday, then rose 0.5% in after-hours trading after the company announced its TurboTax, Credit Karma, QuickBooks, and Mailchimp apps are now live inside ChatGPT. The stock move came as software shares faced pressure on fears that AI could disrupt business models. Intuit will report fiscal Q2 earnings on Feb. 26.
6 February 2026
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CrowdStrike stock sinks on insider sale plan as ‘software-mageddon’ rout bites CRWD

CrowdStrike stock sinks on insider sale plan as ‘software-mageddon’ rout bites CRWD

CrowdStrike shares fell 9.2% to $377.16 in after-hours trading Thursday after a Form 144 filing signaled a possible sale of 252,538 shares via J.P. Morgan. The drop followed a broader selloff in U.S. software stocks amid renewed concerns over AI disruption. The filing showed the PK Giving Trust may sell shares valued at about $104.9 million. CrowdStrike also announced a memorandum of understanding with Saudi Aramco.
6 February 2026
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Texas Instruments stock price: TXN edges up after-hours as $7.5 billion Silicon Labs deal sinks in

Texas Instruments stock price: TXN edges up after-hours as $7.5 billion Silicon Labs deal sinks in

Texas Instruments shares rose 0.5% in after-hours trading to $223.98 after announcing a $7.5 billion all-cash deal to acquire Silicon Labs for $231 per share, a 69% premium. The company plans to fund the purchase with cash and debt, targeting $450 million in annual cost cuts within three years. The deal requires regulatory and shareholder approval. TI will hold a capital management review webcast on Feb. 24.
6 February 2026
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Bitcoin’s steep drop revives Fed QT fears — Binance Research calls the panic “overdone”

Bitcoin’s steep drop revives Fed QT fears — Binance Research calls the panic “overdone”

Bitcoin fell 16% to near $61,350 Thursday, its lowest since 2024, as ether dropped 15%. The selloff followed concerns that Fed chair nominee Kevin Warsh could speed up quantitative tightening. Binance Research warned repo-market stress could limit how fast the Fed shrinks its balance sheet. About $1 billion in bitcoin positions were liquidated in 24 hours, CoinGlass reported.
6 February 2026
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Confluent stock (CFLT) sits under IBM’s $31 bid after fresh merger filing flags shareholder lawsuits

Confluent stock (CFLT) sits under IBM’s $31 bid after fresh merger filing flags shareholder lawsuits

Confluent shares traded at $30.36 after hours Thursday, just below IBM’s $31-per-share cash offer. The company filed additional merger disclosures following 17 shareholder demand letters and two lawsuits alleging proxy omissions. A shareholder vote on the IBM acquisition is set for Feb. 12. The stock’s narrow spread reflects market focus on deal completion risk.
6 February 2026
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IREN stock price slides after hours as Q2 loss hits and Microsoft GPU financing takes focus

IREN stock price slides after hours as Q2 loss hits and Microsoft GPU financing takes focus

IREN Limited shares fell 11% after hours Thursday to $39.79, tracking a sharp bitcoin selloff. The company posted a $155.4 million quarterly loss as bitcoin mining revenue dropped and non-cash charges weighed on results. IREN reported $2.8 billion in cash, a new $9.7 billion Microsoft GPU contract, and plans for a 1.6-gigawatt Oklahoma data center. Revenue from AI cloud services rose to $17.3 million.
6 February 2026
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JPMorgan stock slides after hours as risk-off hits banks; jobs data, Fed shift in focus

JPMorgan stock slides after hours as risk-off hits banks; jobs data, Fed shift in focus

JPMorgan Chase shares fell 2.3% to $310.16 in after-hours trading Thursday, mirroring declines across major banks and the broader market. Wall Street dropped sharply as investors reacted to rising jobless claims, lower job openings, and uncertainty over AI spending. Wells Fargo, Citigroup, and Bank of America also closed lower. JPMorgan completed a $3 billion subordinated note offering due 2037.
6 February 2026
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Visa stock price dips after hours — what traders watch after Visa & Main’s $100 million small-business push

Visa stock price dips after hours — what traders watch after Visa & Main’s $100 million small-business push

Visa launched its “Visa & Main” platform for U.S. small businesses, backed by a $100 million working-capital facility with Lendistry. Visa shares slipped 0.3% to $329.13 in after-hours trading. U.S. stocks fell sharply, with tech leading losses as investors questioned AI investment returns. Traders are now focused on next week’s delayed labor and inflation data after a brief government shutdown.
6 February 2026
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GE Vernova stock pulls back after a volatile week — new wind orders, bond sale and a fresh Baird upgrade in focus

GE Vernova stock pulls back after a volatile week — new wind orders, bond sale and a fresh Baird upgrade in focus

GE Vernova shares fell about 1% to $737.53 in after-hours trading Thursday, extending losses from Wednesday’s drop. The company announced $2.6 billion in new bonds, fresh wind repower orders, and a major electrification contract. Baird upgraded the stock and raised its price target to $923. Investors await GE Vernova’s April 22 earnings report.
6 February 2026
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Uber stock price today: UBER steadies after earnings, as robotaxi push meets fresh legal risk

Uber stock price today: UBER steadies after earnings, as robotaxi push meets fresh legal risk

Uber shares rose 1.7% to $75.21 in after-hours trading Thursday after reporting Q4 gross bookings of $54.1 billion, up 22%. The company announced a CFO transition and plans to expand robotaxi operations to up to 15 cities by 2026. A federal jury ordered Uber to pay $8.5 million in a key rider-safety lawsuit. Uber’s Q1 profit outlook missed analyst estimates.
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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