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.

Enphase stock jumps nearly 39% — here’s what traders are watching after ENPH outlook and upgrades

Enphase stock jumps nearly 39% — here’s what traders are watching after ENPH outlook and upgrades

Enphase Energy shares soared 38.6% to $51.67 in after-hours trading Tuesday after the company projected first-quarter revenue of $270 million to $300 million. RBC and BMO raised their ratings, citing improved demand visibility. Fourth-quarter revenue reached $343.3 million, with U.S. demand up 21% but European revenue down 29%. CEO Badri Kothandaraman said bookings are about 90% filled at the midpoint of guidance.
Merck stock rises after-hours as cautious 2026 forecast meets new cholesterol pill headlines

Merck stock rises after-hours as cautious 2026 forecast meets new cholesterol pill headlines

Merck shares rose 2.2% to $118.33 in after-hours trading Wednesday after new data showed its experimental cholesterol drug enlicitide cut LDL by up to 60% in a major trial. The company’s 2026 revenue forecast of $65.5–$67.0 billion missed Wall Street estimates, citing pressure from off-patent drugs and U.S. pricing. Keytruda sales reached $8.37 billion last quarter, while Gardasil revenue fell 34%.
Booking (BKNG) stock slips after-hours as AI worries hit analyst notes ahead of Feb. 18 results

Booking (BKNG) stock slips after-hours as AI worries hit analyst notes ahead of Feb. 18 results

Booking Holdings shares fell 0.8% to $4,607.13 in after-hours trading Wednesday after Citizens Bank downgraded the stock, citing AI risks and a lack of near-term growth drivers. The stock has dropped 9.3% since Tuesday amid heavy volume and sector-wide declines. Booking will report fourth-quarter and full-year earnings on Feb. 18. KeyBanc maintained an overweight rating but trimmed its price target.
Coinbase stock slides after Nevada lawsuit over sports event contracts; earnings ahead

Coinbase stock slides after Nevada lawsuit over sports event contracts; earnings ahead

Coinbase shares fell 6.2% to $168.62 in after-hours trading Wednesday after Nevada’s gaming regulator filed a civil enforcement action to block the company’s sports-linked event contracts. The Nevada Gaming Control Board seeks a court order halting what it calls unlicensed wagering. Coinbase called the move a “state power grab,” arguing federal law should apply. Bitcoin and ether also dropped, weighing on exchange stocks.
Snowflake stock drops again: insider sale filing and AI jitters pressure SNOW shares

Snowflake stock drops again: insider sale filing and AI jitters pressure SNOW shares

Snowflake shares fell 4.6% to $165.29 Wednesday, extending a 13% slide since Monday. Product EVP Christian Kleinerman sold 10,000 shares at $197.09 each, a filing showed. The company closed its acquisition of Observe and announced new AI tools at its Build London event. Investors await Feb. 25 earnings for signs of demand and AI adoption.
S&P Global stock tries to find a floor after AI scare rout; Mobility Global spin-off and earnings loom

S&P Global stock tries to find a floor after AI scare rout; Mobility Global spin-off and earnings loom

S&P Global shares fell 0.6% to $465.51 Wednesday, extending a two-day drop to nearly 12% amid concerns over AI’s impact on data firms. Trading volume was four times the 20-day average. The company’s Mobility division will rebrand as Mobility Global ahead of a planned spin-off, pending board approval. S&P Global reports earnings Feb. 10.
Cisco stock falls after hours as tech selloff bites; CSCO earnings loom next week

Cisco stock falls after hours as tech selloff bites; CSCO earnings loom next week

Cisco shares fell 2.3% to $81.16 in after-hours trading Wednesday, following a broader tech sell-off that pushed the Nasdaq down 1.51%. The company will report fiscal Q2 earnings on Feb. 11 and recently announced NBC Sports will use its AI networking tech for the 2026 Winter Olympics. Cisco also launched an AI-powered security tool and promoted its AI strategy at a summit with Nvidia.
AbbVie stock slides after earnings: Rinvoq miss dents ABBV despite upbeat 2026 view

AbbVie stock slides after earnings: Rinvoq miss dents ABBV despite upbeat 2026 view

AbbVie shares fell 3.9% in after-hours trading Wednesday after quarterly results showed Rinvoq sales missed expectations at $2.37 billion. Skyrizi sales beat forecasts at $5.01 billion, while Humira revenue dropped 25.9% to $1.25 billion. The company projected 2026 adjusted earnings above estimates, but investors focused on challenges replacing Humira as biosimilar competition grows.
IREN stock plunges 17% as bitcoin slides again, setting up a tense earnings read

IREN stock plunges 17% as bitcoin slides again, setting up a tense earnings read

IREN shares fell 17.4% to $44.94 in heavy after-hours trading Wednesday, tracking a 3.3% drop in bitcoin. Volume reached 66.2 million shares. A Jane Street filing disclosed a 4.7% stake in IREN days ahead of its earnings report, due after the bell Thursday. Other U.S.-listed bitcoin miners also declined.
Caterpillar stock slips from highs as insider sales and split analyst calls hit CAT shares

Caterpillar stock slips from highs as insider sales and split analyst calls hit CAT shares

Caterpillar shares fell 1.6% to $691.82 Wednesday before rising 0.4% after hours. SEC filings showed group presidents Anthony Fassino and Denise Johnson exercised options and sold shares on Feb. 2. Analysts split on outlook, with Truist raising its price target to $786 and Morgan Stanley holding an underweight rating. Trading volume hit 4.8 million as shares swung between $675 and $723.11.
5 February 2026
Intuit stock price rebounds nearly 3% after AI fears hit software — what’s next for INTU

Intuit stock price rebounds nearly 3% after AI fears hit software — what’s next for INTU

Intuit shares rose 2.7% to $445.64 Wednesday, recovering some losses after an 11% drop Tuesday amid AI-driven fears that hit software stocks. Volume nearly tripled to 7 million shares. The S&P 500 software and services index continued to fall, with the sector losing about $830 billion in value since Jan. 28. Investors await Intuit’s Q2 results on Feb. 26.
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Stock Market Today

  • Nvidia: The 'Magnificent Seven' Stock Offering a Rare Buying Opportunity
    June 29, 2026, 5:30 AM EDT. The 'Magnificent Seven' tech stocks-Amazon, Apple, Alphabet, Microsoft, Meta Platforms, Nvidia, and Tesla-have propelled the AI market boom but recently saw valuations decline amid economic concerns. Nvidia stands out as a once-in-a-decade buying opportunity, now trading at a forward price-to-earnings ratio of 21, down from over 48 last year. Despite the dip, Nvidia reported over $215 billion in annual revenue, reflecting strong demand for its AI-related products. Analysts view the current valuation as a bargain given the robust AI growth story and recent earnings momentum, suggesting potential upside as investor confidence returns.

Latest articles

Microsoft rebound ahead of Nasdaq open puts AI spending in spotlight

Microsoft rebound ahead of Nasdaq open puts AI spending in spotlight

29 June 2026
Microsoft surged 5.7% to $372.97 in premarket trading, adding $149 billion in market value, as investors weigh soaring AI-driven capex—Q3 spending was about twice free cash flow—against strong cloud growth and a $37 billion AI revenue run rate, while analysts warn higher costs could pressure margins.
Apple shares hold steady as buyback talk meets AI chip strain

Apple shares hold steady as buyback talk meets AI chip strain

29 June 2026
Apple surged 3.14% Friday with trading volume at 506% of its 65-day average as investors weigh a $100 billion buyback—potentially reducing shares by 2.4%—against soaring memory costs and Apple’s push for U.S. approval to buy DRAM from blacklisted CXMT, raising policy risks as device price hikes hit Macs and iPads.
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