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.

SPAC ETF Up as SpaceX Heads for SPCX Ticker

SPAC ETF Up as SpaceX Heads for SPCX Ticker

The SPAC and New Issue ETF, now trading as SPCK, closed up 0.64% at $22.09 on Wednesday after SpaceX filed for a $75 billion IPO under the fund’s old ticker. The fund reported $7.14 million in net assets and 41 holdings as of May 19. New listings included a $75 million IPO from Research Alliance III and filings from FutureCorp Space Acquisition 1 and JAB Acquisition I. The SEC proposed easing share issuance rules for public companies.
21 May 2026
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EnerSys Stock Flips After Earnings as Guidance Tops Trader Hopes

EnerSys Stock Flips After Earnings as Guidance Tops Trader Hopes

EnerSys shares rose in after-hours trading after the company posted fourth-quarter adjusted earnings of $3.19 per share on $988 million in revenue, both above analyst estimates. The stock closed regular hours down 1.3% at $214.56, then quoted up 5.8% to $227. First-quarter profit guidance also topped forecasts. Management cited strong data center and defense demand, but noted continued weakness in motive-power and transportation.
21 May 2026
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AEVEX Stock Jumps After Hours as Drone Maker Posts 307% Revenue Surge and New Air Force Deal

AEVEX Stock Jumps After Hours as Drone Maker Posts 307% Revenue Surge and New Air Force Deal

AEVEX Corp. shares surged over 10% after hours Wednesday following a first-quarter profit of $21 million and new U.S. Air Force contracts worth $15.6 million. Revenue jumped to $216.7 million, beating estimates. The company, which went public in April, raised its full-year revenue outlook to $600–$620 million. The stock had closed regular trading at $26.27, down 0.23%.
21 May 2026
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Jupiter Neurosciences Stock Swings on $100M MDMA Pact, $2M Equity Sale

Jupiter Neurosciences Stock Swings on $100M MDMA Pact, $2M Equity Sale

Jupiter Neurosciences shares fell 37% to $0.205 Wednesday after announcing a proposed U.S. licensing deal for PharmAla Biotech’s MDMA-based ALA-002 and a $2 million stock offering. Trading volume topped 230 million shares. The licensing agreement is non-binding, with a potential value over $100 million, and gives Jupiter 90 days to finalize terms. Jupiter reported a $2.06 million Q1 net loss and $2.36 million in cash.
21 May 2026
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Urban Outfitters Stock Swings After Record Q1—What Nuuly and Tariffs Are Telling Investors

Urban Outfitters Stock Swings After Record Q1—What Nuuly and Tariffs Are Telling Investors

Urban Outfitters posted record first-quarter net income of $115.7 million and sales of $1.48 billion, beating analyst estimates. Shares closed up 4.05% at $71.67 before slipping to $70.55 in after-hours trading. Comparable retail sales rose 5.6%, with strong gains at FP Group, Urban Outfitters, and Nuuly. Gross profit rate edged down to 36.6% as tariffs pressured costs.
21 May 2026
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Xanadu Jumps 20% After Quantum Selloff, Filing Remains Over XNDU

Xanadu Jumps 20% After Quantum Selloff, Filing Remains Over XNDU

Xanadu Quantum Technologies’ shares surged 20.4% to $14.13 Wednesday, rebounding after a sharp May decline. The company reported Q1 revenue of $2.83 million and a net loss of $20.6 million, with 43.3 million Class B shares outstanding and a prospectus covering up to 293.7 million more. Other quantum stocks also rose. Xanadu is in talks for up to $285 million in Canadian government support.
20 May 2026
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Immunovant Stock Surges 35% After Arthritis Drug Data: Why Wall Street Is Repricing IMVT

Immunovant Stock Surges 35% After Arthritis Drug Data: Why Wall Street Is Repricing IMVT

Immunovant shares jumped 35.3% to $35.56 after reporting 16-week data showing its drug IMVT-1402 produced ACR20, ACR50, and ACR70 response rates of 72.7%, 54.5%, and 35.8% in difficult-to-treat rheumatoid arthritis. Roivant Sciences, its majority owner, rose 14.9%. No new safety signals were reported. The trial enrolled 170 patients, most of whom had failed two prior advanced therapies.
20 May 2026
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FuelCell Energy surges as AI-fueled rally hits again, analysts wary

FuelCell Energy surges as AI-fueled rally hits again, analysts wary

FuelCell Energy shares surged 16.5% to $20.22 Wednesday, rebounding after a two-day selloff. The move tracked a 1.5% gain in the Nasdaq Composite and renewed interest in companies supplying power to AI data centers. FuelCell reported a $26.1 million quarterly loss and a declining backlog, despite higher revenue and new data-center proposals. Peers traded mixed, with Bloom Energy up and Plug Power down.
20 May 2026
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e.l.f. Beauty Earnings Beat Comes With a Catch for Wall Street

e.l.f. Beauty Earnings Beat Comes With a Catch for Wall Street

e.l.f. Beauty forecast fiscal 2027 sales and adjusted profit below Wall Street estimates, citing $15–$20 million in potential oil-related costs from the Iran war. Fourth-quarter net sales rose 35% to $449.3 million, beating expectations, but the company posted a $49.4 million net loss due to a $57.6 million charge tied to the Rhode acquisition. Shares rose after hours despite closing down 4.3% earlier.
20 May 2026
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Applied Digital Hits 1 GW, $31 Billion Bet Starts

Applied Digital Hits 1 GW, $31 Billion Bet Starts

Applied Digital signed a 15-year, $7.5 billion lease with an unnamed U.S. hyperscaler for 300 megawatts at its new Polaris Forge 3 campus, raising its contracted baseline revenue to $31 billion. Shares jumped about 8% to $39.52 in after-hours trading. Initial operations at the 600-acre northern U.S. site are set for August 2027. Analysts remain cautious on valuation and construction risk.
20 May 2026
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RBC Stock Tops 52-Week High Ahead of May 28

RBC Stock Tops 52-Week High Ahead of May 28

Royal Bank of Canada shares hit a 52-week high of C$257.91 on Wednesday, closing up 1.99% at C$257.55. Fitch upgraded RBC’s legacy senior long-term debt rating to AA+ from AA on May 19. Investors await RBC’s second-quarter results, set for May 28. The S&P/TSX Composite Index rose 0.9% as most sectors advanced.
20 May 2026
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Reddit Pushes Past $150 but Ad Campaign Still Lags

Reddit Pushes Past $150 but Ad Campaign Still Lags

Reddit shares fell 5.2% to $146.84 late Wednesday, underperforming broader tech indexes despite launching new app-advertising tools. A trust linked to CEO Steve Huffman sold 18,000 shares last week, according to an SEC filing. Reddit reported Q1 revenue of $663 million, up 69% year over year, and set Q2 revenue guidance between $715 million and $725 million.
20 May 2026
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HCW Biologics Jumps, Doubles Again as Traders Pile Into Biotech Name

HCW Biologics Jumps, Doubles Again as Traders Pile Into Biotech Name

HCW Biologics shares surged 122% to $2.35 Wednesday, trading as high as $3.96 on heavy volume after a new securities filing and recent earnings. The company is seeking up to $5.6 million in a stock or warrant offering to fund development of its IL-2 fusion protein, HCW9302. First-quarter revenue rose to $6.54 million, mainly from a licensing deal with Beijing Trimmune Biotech.
20 May 2026
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Dow Jones Rises Past 50,000 Again After Closing Bell

Dow Jones Rises Past 50,000 Again After Closing Bell

The Dow Jones Industrial Average closed above 50,000 on Wednesday, rising 1.3% to 50,005.30 after three days of declines. Tech stocks led gains, with Nvidia shares climbing ahead of its earnings report and the Philadelphia Semiconductor Index up 3.9%. Lower Treasury yields and oil prices supported the rebound. Federal Reserve minutes signaled continued concern over inflation and possible further rate hikes.
20 May 2026
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Dow Rises After Nvidia Rally Ends Three-Day Wall Street Slide

Dow Rises After Nvidia Rally Ends Three-Day Wall Street Slide

The Dow rose 581.66 points to 49,945.54 as Wall Street snapped a three-day losing streak, driven by gains in chip stocks ahead of Nvidia’s earnings and relief from falling oil prices and lower Treasury yields. The Philadelphia SE Semiconductor Index jumped 3.9%, with Nvidia up 1.8%, AMD up 7.3%, and Intel up 6.7%. U.S. crude dropped $5.89 to $98.26 a barrel. Fed minutes showed officials remain cautious on rate cuts.
20 May 2026
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Bradesco Shares Up, Big Test Ahead for Brazil’s Bank Rally

Bradesco Shares Up, Big Test Ahead for Brazil’s Bank Rally

Banco Bradesco’s preferred shares rose 3.28% to R$17.96 on Wednesday, outperforming the Ibovespa’s 2.12% gain as Brazilian bank stocks rebounded. Bradesco reported first-quarter recurring net income of R$6.8 billion, up 16.1% year-on-year, but loan-loss provisions increased 26.5% to R$9.7 billion. The Selic rate remains at 14.5% after recent cuts, with inflation expectations rising.
20 May 2026
Norwegian Cruise Line Gains 9% as Oil Drops, Fuel Still in Focus

Norwegian Cruise Line Gains 9% as Oil Drops, Fuel Still in Focus

Norwegian Cruise Line Holdings shares rose 9.2% to $16.15 Wednesday afternoon, rebounding after a four-day slide as oil prices dropped nearly 6%. Director Jose E. Cil bought 15,000 shares this week, according to an SEC filing. UBS cut its price target on the stock to $17. Norwegian recently lowered its 2026 earnings forecast and said net yield would fall 3% to 5%.
20 May 2026
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Stock Market Today

  • 3 Australian Founder-Led Stocks: Growth and Funding Risks Analyzed
    June 20, 2026, 10:53 PM EDT. This article examines three Australian founder-led companies poised to balance growth potential with funding risks. Highlights include Flight Centre Travel Group (ASX:FLT), a global travel retailer generating A$2.9 billion in revenue with strong founder leadership and investments in digital tools and AI, alongside a A$200 million buyback program. Despite growth efforts, FLT faces challenges of low forecast returns on equity, earnings volatility, and reliance on debt, key risk factors for investors. IperionX (ASX:IPX), a US-based critical minerals and titanium technology firm valued at A$1.5 billion, focuses on titanium and rare earths, supporting advanced sectors like aerospace and defense. These stocks offer potential upside amid market volatility but require a careful assessment of growth strategies against funding and profitability concerns.

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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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