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.

Ford Stock Moves as Energy Play Gets Attention

Ford Stock Moves as Energy Play Gets Attention

Ford shares rose 1.8% to $13.30 Wednesday after the company’s Ford Energy unit signed a five-year deal allowing EDF to buy up to 20 GWh of battery storage systems starting in 2028. Trading volume reached 25.7 million shares. Ford also reported Q1 revenue of $43.3 billion and net income of $2.5 billion. Lisa Materazzo will step down as global CMO on June 1, with Dean Stoneley named interim.
20 May 2026
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Bank of America climbs as Wall Street rally returns momentum to big banks

Bank of America climbs as Wall Street rally returns momentum to big banks

Bank of America shares climbed 1% to $51.19 Wednesday as financial stocks advanced and bond yields eased. The company reported Q1 revenue of $30.3 billion and net income of $8.6 billion. Bank of America, Citigroup, and JPMorgan are set to help lead SpaceX’s expected IPO, with Goldman Sachs in the top role, according to Reuters. U.S. convertible bond issuance hit $34 billion so far in 2026, more than double last year.
20 May 2026
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AMD Shares Jump as Market Moves on AI Server Demand

AMD Shares Jump as Market Moves on AI Server Demand

AMD shares jumped 7.3% to $444.24 Wednesday in New York, rebounding with the chip sector ahead of Nvidia’s quarterly results. The rally followed bullish analyst price target hikes and renewed focus on AI server demand. Trading volume reached 23.5 million shares. AMD reported Q1 revenue up 38% to $10.3 billion, with data center sales rising 57% on strong server chip demand.
20 May 2026
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Rivian Stock Pops as R2 Ramp Gives Traders a New Reason to Look Again

Rivian Stock Pops as R2 Ramp Gives Traders a New Reason to Look Again

Rivian shares climbed 4.4% Wednesday to $13.465 after a production update on its new R2 SUV from the Illinois plant, where the first R2 rolled out in April. The company expects to build up to 155,000 R2s a year when fully scaled. Rivian reported Q1 revenue of $1.381 billion and a net loss, with negative free cash flow of $1.075 billion. CEO RJ Scaringe said R2 production is ramping up and hiring is underway.
20 May 2026
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Ambev Stock Draws Attention Ahead of World Cup

Ambev Stock Draws Attention Ahead of World Cup

Ambev shares rose to R$16.27 in São Paulo and $3.225 in New York Wednesday after a strong first-quarter earnings report. The company named Fernando Maffessoni as logistics vice-president starting August 1, replacing Paulo André Zagman. First-quarter profit reached R$3.89 billion, up 2.1% from last year, with Brazil beer volumes rising 1.2%.
20 May 2026
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Navitas Stock Is Surging Again—The AI Power-Chip Bet Now Has to Prove It Can Sell

Navitas Stock Is Surging Again—The AI Power-Chip Bet Now Has to Prove It Can Sell

Navitas Semiconductor shares surged over 15% Wednesday, trading near $22.49 with volume topping 25 million ahead of Nvidia’s earnings. The company reported Q1 revenue of $8.6 million and a GAAP operating loss of $27.8 million, and recently raised $122 million through an at-the-market share sale. Navitas expects Q2 revenue of around $10 million. The Philadelphia Semiconductor Index climbed 3.65% as chip stocks rallied.
20 May 2026
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NIO Drops Ahead of Earnings With $5 EV Stock in Focus

NIO Drops Ahead of Earnings With $5 EV Stock in Focus

NIO’s U.S.-listed shares fell 2.9% to $5.58 Wednesday, underperforming a rising market ahead of its first-quarter earnings report due Thursday morning. Options traders expect an 8% swing after results, with forecasts for a loss of 8 cents per share on $3.70 billion revenue. NIO delivered 83,465 vehicles in Q1, nearly doubling from a year earlier, but April deliveries slowed from March.
20 May 2026
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Tesla Gains After European Self-Driving Approval

Tesla Gains After European Self-Driving Approval

Tesla shares rose about 2.5% to $414.10 Wednesday after Lithuania approved the rollout of its Full Self-Driving software, following the Netherlands. Lithuania’s transport agency confirmed recognition of Dutch certification. The move comes as Wall Street rebounded, with broader indexes higher and investors focusing on Tesla’s software and AI ambitions.
20 May 2026
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BlackBerry Stock Nears Highs as Traders Eye Government Moves

BlackBerry Stock Nears Highs as Traders Eye Government Moves

BlackBerry’s U.S.-listed shares rose 0.5% to $6.24 after its AtHoc platform renewed a high-level U.S. government cloud-security certification. Trading volume topped 27 million shares, with prices ranging from $6.10 to $6.37. The company’s QNX business reported 20% revenue growth last quarter. Executives are scheduled to speak at a Toronto tech conference Thursday.
20 May 2026
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IREN Stock Surges as Nvidia Fever Returns — But the AI Cloud Bet Has a Catch

IREN Stock Surges as Nvidia Fever Returns — But the AI Cloud Bet Has a Catch

IREN Limited shares rose 9.4% to $52.23 on Wednesday, trading over 23 million shares as investors awaited Nvidia’s earnings. IREN recently signed a $3.4 billion AI cloud contract with Nvidia and closed a $3 billion convertible-note offering. The company reported a quarterly net loss of $247.8 million on revenue of $144.8 million, down from the prior quarter.
20 May 2026
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Grab shares edge lower after Superbank shift

Grab shares edge lower after Superbank shift

Grab Holdings shares fell 1% to $3.465 on Wednesday, extending a year-to-date drop of over 30%, after announcing it will consolidate Indonesia’s Superbank into its accounts. The move gives Grab majority control of the digital bank, which has over 6 million customers and 24 trillion rupiah in assets. Grab’s Q1 revenue rose 24% to $955 million, but analysts trimmed price targets despite maintaining positive ratings. Competitor GoTo posted its first quarterly net profit in April.
20 May 2026
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Super Micro Stock Gains Almost 10% With SMCI Up in AI-Server Rally

Super Micro Stock Gains Almost 10% With SMCI Up in AI-Server Rally

Super Micro Computer shares rose 9.3% to $33.40 midday Wednesday, outpacing Nvidia and other AI hardware stocks ahead of Nvidia’s earnings. The company recently reported fiscal Q3 sales of $10.2 billion, missing estimates, but issued a stronger-than-expected Q4 forecast. Senior sales executive Don Clegg retired May 15 and will consult for six months. Wall Street indexes climbed as chip stocks rallied.
20 May 2026
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OpenAI IPO Filing Could Come Soon as ChatGPT Parent Moves Fast Toward Market Debut

OpenAI IPO Filing Could Come Soon as ChatGPT Parent Moves Fast Toward Market Debut

OpenAI is preparing to file confidentially for an initial public offering as soon as this week, according to the Wall Street Journal and Reuters. The company is working with Goldman Sachs and Morgan Stanley on a draft prospectus and is targeting a possible public debut as early as September. OpenAI could seek a valuation of up to $1 trillion. The move comes as rivals Anthropic and SpaceX also weigh public listings.
20 May 2026
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Exxon, Chevron Say Oil Reserves Hit by Hormuz Choke, More Volatility Ahead

Six Million Barrels Move Through Hormuz; Major Oil Risk Remains

Three supertankers carrying 6 million barrels of Middle East crude exited the Strait of Hormuz on Wednesday after waiting over two months, shipping data showed. A fourth tanker was entering the waterway. Brent crude fell over 4% to $106.52 a barrel after President Trump said Iran talks were in “final stages.” The U.S. Navy warned the area remains “high risk” following recent ship attacks.
20 May 2026
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AAL Shares Rise as Oil Prices Fall

AAL Shares Rise as Oil Prices Fall

American Airlines shares rose 6.9% to $12.89 midday Wednesday as airline stocks rallied with Brent crude down over 4% after President Trump said U.S.-Iran talks were in “final stages.” CEO Robert Isom will speak at Bernstein’s Strategic Decisions Conference on May 27. American expects to recover up to 85% of higher fuel costs by Q3. The company cut its 2026 outlook in April amid rising jet fuel prices.
20 May 2026
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Ondas Stock Is Moving Again After a $199 Million AI Defense Deal — What Investors Missed

Ondas Stock Is Moving Again After a $199 Million AI Defense Deal — What Investors Missed

Ondas Inc. shares climbed 3.3% to $9.43 midday Wednesday after the company agreed to acquire Israeli defense software firm Omnisys for $199 million in stock, plus up to $60 million in earn-outs. The deal, expected to close in the second quarter pending approvals, would add Omnisys’ real-time defense resource software to Ondas’ portfolio. Trading volume reached 22 million shares. Peers in the defense sector also saw gains.
20 May 2026
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Stock Market Today

  • Franklin Resources (BEN) Stock Rises 53% in a Year Amid Mixed Valuation Signals
    June 20, 2026, 11:42 PM EDT. Franklin Resources (BEN) shares have surged 53.3% over the past year, driven by strong investor sentiment and shifts in asset management preferences. The stock trades around $33.05, with an intrinsic value estimated at $37.64 per share, suggesting a 12.2% undervaluation based on excess returns analysis. This model assesses whether the company generates profits above its equity cost, using metrics such as book value and stable earnings per share. However, Simply Wall St's broader valuation score for Franklin Resources is moderate at 3 out of 6, indicating mixed signals. Investors weigh the firm's established global presence against varying earnings multiples and market expectations as they consider the stock's appeal.

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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