Today: 21 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.

OpenAI Shares Hype Returns, Still No Ticker in Sight

OpenAI Shares Hype Returns, Still No Ticker in Sight

OpenAI is preparing to confidentially file for a U.S. IPO, aiming to go public as early as September, sources told Reuters. The move follows a court win against Elon Musk, removing a key legal obstacle. Private-market share prices for OpenAI ranged from $658.94 to $732.38 this month, but no official public price exists. Ordinary investors still cannot buy OpenAI stock on public exchanges.
22 May 2026
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WhiteFiber Stock Rips 22% on $160 Million AI Deal. The Test Comes in July

WhiteFiber Stock Rips 22% on $160 Million AI Deal. The Test Comes in July

WhiteFiber shares jumped 22.2% to $29.55 after announcing a five-year AI compute contract worth over $160 million for a Paris-region deployment using NVIDIA GPU systems. Google Finance showed the stock rising further after hours. The project is backed by planned financing and 12 months of customer prepayments, but funding and execution remain pending. Service is expected to start in July, subject to equipment delivery and acceptance.
22 May 2026
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Spirit’s Woes Threaten to Push Up Summer Airfares

Spirit’s Woes Threaten to Push Up Summer Airfares

Spirit Airlines’ lawyer apologized in bankruptcy court to travelers “priced entirely out” of air travel after the carrier’s May 2 shutdown. JetBlue and Frontier are adding flights on former Spirit routes, while JetBlue is cutting 11 other routes, including a full exit from Manchester-Boston. Breeze Airways launched new service at Atlantic City, where Spirit flew most flights. Rising jet fuel costs and funding shortfalls triggered Spirit’s collapse.
22 May 2026
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Lockheed Rolls Out $9 Billion Missile Plan in Alabama, Eyes U.S. Stockpile Rebuild

Lockheed Rolls Out $9 Billion Missile Plan in Alabama, Eyes U.S. Stockpile Rebuild

Lockheed Martin began construction Thursday on an 87,000-square-foot munitions facility in Troy, Alabama, to expand THAAD interceptor and Next Generation Interceptor production. The project is part of a $9 billion investment to boost missile output amid Pentagon pressure to increase inventories. Lockheed said the new building will nearly double its Troy production space and add jobs over the next three years.
22 May 2026
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Grab Stock Jumps as Fintech News Focuses Trader Attention on Indonesia

Grab Stock Jumps as Fintech News Focuses Trader Attention on Indonesia

Grab’s U.S.-listed shares rose 1.6% to $3.56 after the company moved to consolidate Indonesia’s Superbank, raising its stake above 50%. The consolidation will fold Superbank’s results into Grab’s financial-services segment from May 2026. Superbank has over six million customers and assets of 24 trillion rupiah as of April. Grab’s market value stood near $14.1 billion on Thursday.
22 May 2026
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Blue Owl shares climb almost 5% amid steady private-credit demand

Blue Owl shares climb almost 5% amid steady private-credit demand

Blue Owl Capital shares jumped nearly 5% Thursday to $10.20 on heavy volume, outpacing peers as investors weighed ongoing private-credit concerns. The stock remains down about 50% this year amid worries over software-sector exposure and retail fund outflows. Blue Owl reported $315 billion in assets under management as of March 31 and declared a 23-cent dividend. Major indexes closed slightly higher.
22 May 2026
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Deckers shares spike, then retreat after Hoka owner’s earnings, margin concerns

Deckers shares spike, then retreat after Hoka owner’s earnings, margin concerns

Deckers Outdoor shares closed up 4.5% at $102.70 Thursday after beating quarterly expectations, but fell to $100.56 in after-hours trading as investors weighed a lower-margin outlook. Fourth-quarter net sales rose 9.6% to $1.119 billion, with HOKA sales up 14.5% and UGG up 9.2%. The company forecast fiscal 2027 sales above analyst estimates and expanded its stock-buyback program by $3.5 billion.
22 May 2026
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Ackman Sold Alphabet, Bought Microsoft in Split AI Play

Ackman Sold Alphabet, Bought Microsoft in Split AI Play

Bill Ackman’s Pershing Square sold nearly all its Alphabet shares and bought a $2.09 billion stake in Microsoft, SEC filings show. The fund now holds 5.65 million Microsoft shares and raised its Amazon position by 19%. Alphabet and Amazon both reported strong cloud and AI growth last quarter. Daniel Loeb’s Third Point made opposite moves, cutting Microsoft and adding Alphabet.
22 May 2026
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Ross Stores Surges on Sales Beat as Bargain Demand Holds Up

Ross Stores Surges on Sales Beat as Bargain Demand Holds Up

Ross Stores shares jumped 5.3% in after-hours trading Thursday after the company raised its full-year sales and profit forecasts. First-quarter comparable-store sales surged 17%, with total sales up 21% to $6.0 billion and net income rising to $650 million. Ross now expects 6% to 7% same-store sales growth for fiscal 2026, up from its previous 3% to 4% outlook. Rival TJX also raised its annual forecasts this week.
22 May 2026
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Webull Stock Falls After Costs Offset 36% Revenue Gain

Webull Stock Falls After Costs Offset 36% Revenue Gain

Webull shares fell 5.4% in late trading Thursday after the company reported a first-quarter net loss of $21.7 million, reversing a profit a year earlier, as operating expenses jumped 68% to $162.3 million. Revenue rose 36% to $159.9 million, while customer assets surged 90% to $24.6 billion and trading activity increased ahead of new U.S. day-trading rules set for June.
21 May 2026
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Workday Catches AI-Focused Investment Attention After Latest Update

Workday Catches AI-Focused Investment Attention After Latest Update

Workday shares jumped 7% in after-hours trading Thursday after the company beat Wall Street estimates with first-quarter revenue of $2.54 billion and adjusted profit of $2.66 per share. Subscription revenue rose 14.3% to $2.35 billion. CEO Aneel Bhusri, who returned in February, said over 4,000 customers now use at least one of Workday’s AI agents, more than double the previous quarter.
21 May 2026
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Take-Two Keeps GTA 6 Launch Target, But Investors Aren’t Sold

Take-Two Keeps GTA 6 Launch Target, But Investors Aren’t Sold

Take-Two reaffirmed Grand Theft Auto VI will launch Nov. 19, 2026, and reported fourth-quarter net bookings of $1.58 billion, beating expectations. Fiscal 2027 net bookings guidance of $8.0–$8.2 billion fell short of analysts’ $9.1 billion estimate. Shares rose about 8% after hours. Recurring consumer spending made up 82% of total net bookings in the quarter.
21 May 2026
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Dow Sets New High as Oil, Nvidia Unsettle Wall Street

Dow Sets New High as Oil, Nvidia Unsettle Wall Street

The Dow Jones closed at a record 50,285.66 on Thursday, lifted by a 12.5% jump in IBM after it secured $1 billion in federal funding for a quantum-chip venture. Brent crude fell 2.3% to $102.58 a barrel, easing inflation concerns. Nvidia dropped 1.8% despite strong earnings, while Ralph Lauren rose 13.9% and Walmart slid 7.3% on profit news. U.S. jobless claims fell to 209,000 last week.
21 May 2026
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BlackBerry Stock Jumps as U.S. Security Win Fuels Its Software Comeback

BlackBerry Stock Jumps as U.S. Security Win Fuels Its Software Comeback

BlackBerry’s Toronto shares closed up 7.9% after its AtHoc crisis-communications platform received renewed U.S. government cloud-security certification. Executives highlighted growth prospects for the QNX embedded-software unit at a CIBC investor conference. The U.S.-listed stock rose about 7.5%. Management cited recent cost cuts and a move to positive cash flow.
21 May 2026
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QuantumScape shares rise 9% as battery play picks up steam

QuantumScape shares rise 9% as battery play picks up steam

QuantumScape shares jumped 9.13% to $8.37 Thursday, outpacing the S&P 500 and Nasdaq. The company reported initial QSE-5 cell production from its new Eagle Line and ongoing partnerships with Volkswagen and other major automakers. First-quarter net loss reached $100.8 million, with $904.7 million in liquidity at quarter’s end. QuantumScape reaffirmed its full-year adjusted EBITDA loss guidance.
21 May 2026
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Ambev Shares Approach Year High in Brazil as Beer Margins Hold

Ambev Shares Approach Year High in Brazil as Beer Margins Hold

Ambev S.A. shares in São Paulo rose 1.42% to 16.45 reais Thursday, nearing a one-year high after strong first-quarter results. Organic net revenue increased 8.1%, normalized EBITDA climbed 10.1% to 7.56 billion reais, and Brazil Beer unit volume grew 1.2%. The board approved a 700 million-real interest-on-capital payout. Fernando Maffessoni will replace Paulo André Zagman as logistics vice-president in August.
21 May 2026
AT&T Stock Gains After $15 Wireless Plan and $19B California Move

AT&T Stock Gains After $15 Wireless Plan and $19B California Move

AT&T shares rose 1.6% to $25.33 late Thursday, outpacing Verizon and T-Mobile, after it announced a $15-a-month customizable wireless plan and sued California to exit copper phone service. The new plan launches May 27 with unlimited talk, text, and 1GB data. AT&T said California copper rules force $1 billion in annual upkeep for a shrinking user base.
21 May 2026
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Stock Market Today

  • KeyCorp Stock Up 46% in a Year: Is the Valuation Still Attractive?
    June 20, 2026, 8:33 PM EDT. KeyCorp (KEY) shares gained 45.7% over the past year, closing at $22.59. The bank's valuation remains appealing based on Simply Wall St's analysis, which scores it 4 out of 6 for undervaluation. An Excess Returns model estimates an intrinsic value of $37.30 per share, suggesting the stock is undervalued by 39.4%. This model considers KeyCorp's book value of $16.08 per share, stable earnings per share (EPS) of $2.04, and an average return on equity (ROE) of 11.87%. Investors weigh these metrics alongside broader U.S. banking sector risks, including interest rate changes and loan growth dynamics. KeyCorp's robust performance and potential undervaluation make it a stock to watch in the banking industry.

Latest articles

Home Depot shares finish week up as investors weigh housing numbers

Home Depot shares finish week up as investors weigh housing numbers

21 June 2026
Home Depot jumped 2.1% to $334.28 in a shortened week as Wall Street rallied, but weak U.S. housing starts and upcoming May new-home-sales data keep pressure on the home-improvement outlook; the company reaffirmed 2026 sales and earnings targets despite volatile conditions and persistent housing affordability concerns.
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