Today: 12 July 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.

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 said Wednesday its outlook for fiscal 2027 sales and adjusted profit came in below Wall Street targets. The company flagged a possible $15 million to $20 million cost hit from oil prices linked to the Iran war, which could weigh on results even after a strong fourth quarter. Shares gained after hours as the cosmetics maker topped quarterly revenue and profit estimates.
Applied Digital Hits 1 GW, $31 Billion Bet Starts

Applied Digital Hits 1 GW, $31 Billion Bet Starts

Applied Digital on Wednesday said it has signed a 15-year take-or-pay lease with the same unnamed U.S. investment-grade hyperscaler already leasing at its Delta Forge 1 campus. The deal adds 300 megawatts of critical IT load at a new Polaris Forge 3 site, lifting contracted capacity for the Dallas-based company past 1 gigawatt. The lease, which requires the customer to pay whether or not it uses the full capacity, is worth about $7.5 billion over the base term.
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 Wednesday as Toronto stocks bounced back after two weak sessions. RBC was at C$257.55, up C$5.02, or 1.99%, at 3:49 p.m. EDT, after reaching C$257.91 earlier in the day. Canadian Imperial Bank of Commerce, National Bank of Canada and Bank of Nova Scotia moved higher too, with gains seen across the bank group, not just at RBC.
Reddit Pushes Past $150 but Ad Campaign Still Lags

Reddit Pushes Past $150 but Ad Campaign Still Lags

Reddit shares slipped around 5% late Wednesday, falling under $150 as the company launched new in-app ad tools it hopes will show growth in its ad business. The stock traded at $146.84, down 5.19%, at 3:56 p.m. EDT on Google Finance, after earlier bottoming at $143.91 with volume running much higher than usual.
20 May 2026
Dow Rises After Nvidia Rally Ends Three-Day Wall Street Slide

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

Chip stocks jumped on Wednesday and helped Wall Street break a three-day slide. Nvidia’s earnings were in focus, while investors welcomed lower oil prices and falling Treasury yields. The Dow Jones Industrial Average finished up 581.66 points, or 1.18%, at 49,945.54, according to preliminary results. The S&P 500 added 68.20 points, or 0.93%, to close at 7,421.81. The Nasdaq Composite gained 344.12 points, or 1.33%, ending at 26,214.83.
Bradesco Shares Up, Big Test Ahead for Brazil’s Bank Rally

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

Banco Bradesco preferred shares were up 3.28% at R$17.96 late Wednesday, near session highs, as Brazilian bank stocks climbed along with the market. BBDC4 opened at R$17.51, touched R$17.99, with volume around 30.9 million shares. Itaú Unibanco preferred added 2.97% and Banco do Brasil advanced 2.13%.
20 May 2026
Ambev Stock Draws Attention Ahead of World Cup

Ambev Stock Draws Attention Ahead of World Cup

Ambev shares gained in Wednesday afternoon trading, following momentum from a strong first-quarter result. Investors seemed to shrug off a minor management filing and stayed focused on beer volumes, event demand and margins. The stock traded at R$16.27 on the São Paulo exchange, up from R$15.81 at yesterday's close. Its ADR was at $3.225 in New York, while the Bovespa index was last at 177,968.
20 May 2026
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Stock Market Today

  • Plug Power (PLUG) Sinks 15.5% as Questions Swirl on 50 MW Australia Deal
    July 12, 2026, 1:12 PM EDT. Plug Power shares tumbled 15.53% after the company announced a 50-megawatt electrolyzer order from Australia but didn't spell out the financial details or timing. The lack of contract value and delivery window knocked about $570 million off Plug's market cap, with the stock closing at $2.23 for a total value near $3.1 billion. The order makes up a sixth of Plug's total electrolyzer capacity. Traders bailed from peer names too as FuelCell Energy and Ballard Power fell, while the Nasdaq Composite rose 1.7%. Susquehanna slashed its Plug price target to $2.50 and kept a Neutral rating, Morgan Stanley stuck with Underweight but bumped its target up to $1.65. Plug is still burning cash, even with 22% sales growth and improving margins, showing a $245 million loss last quarter and $223 million cash on hand.
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