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.

Manulife Financial Corporation Stock Slides Nearly 6% After Q1 Earnings Miss Despite Asia Jump

Manulife Financial Corporation Stock Slides Nearly 6% After Q1 Earnings Miss Despite Asia Jump

Manulife reported first-quarter core earnings of C$1.84 billion, up 8% on a constant-currency basis, but U.S.-listed shares fell about 6% after core EPS missed estimates. Net income attributable to shareholders more than doubled to C$1.15 billion. Asia core earnings rose 22%, while Canada and U.S. results weakened and Global Wealth and Asset Management saw C$4.4 billion in net outflows.
Blackstone’s $1.75 Billion BXDC IPO Opens Flat as AI Data Center Bet Faces First Test

Blackstone’s $1.75 Billion BXDC IPO Opens Flat as AI Data Center Bet Faces First Test

Blackstone Digital Infrastructure Trust opened at $20 in its NYSE debut Thursday, matching its IPO price after raising $1.75 billion. The trust has not yet acquired any data center assets, making it a “blind pool.” Blackstone aims to invest in newly built, leased data centers for large tech tenants. The offering is expected to close May 15.
Robinhood Stock Jumps After April Data Shows Retail Traders Coming Back

Robinhood Stock Jumps After April Data Shows Retail Traders Coming Back

Robinhood Markets shares climbed 5.3% to $80.79 Thursday after reporting April platform assets of $345.4 billion, up 12% from March. Funded customers reached 27.6 million and net deposits totaled $6.0 billion. Equity trading volume rose 15% to $248.5 billion, while crypto volume dropped 33% to $11.9 billion. Deutsche Bank reiterated a Buy rating, citing strong equities and options activity.
14 May 2026
Coinbase Global Inc Stock Jumps as Senate Crypto Bill Clears Key Hurdle — But the Hard Vote Is Next

Coinbase Global Inc Stock Jumps as Senate Crypto Bill Clears Key Hurdle — But the Hard Vote Is Next

Coinbase shares jumped 7.7% to $217.30 Thursday after the Senate Banking Committee advanced the Clarity Act, a crypto regulation bill. The panel voted 15-9 to send the measure to the full Senate. The bill would clarify oversight of digital tokens and set new rules for stablecoins. Coinbase recently reported a $394.1 million quarterly loss as revenue fell to $1.43 billion.
PureCycle Stock Jumps 25% as New Jersey Approval Opens Door to Recycled Plastic Demand

PureCycle Stock Jumps 25% as New Jersey Approval Opens Door to Recycled Plastic Demand

PureCycle Technologies shares rose 24.7% to $12.72 after New Jersey regulators granted its PureFive resin a one-year conditional designation as postconsumer recycled content under state packaging law. The company reported first-quarter revenue of $4.1 million and a net loss of $33.4 million. Production at its Ohio plant doubled from a year earlier. PureCycle plans to seek permanent approval from state regulators.
GTA 6 Preorder Rumor Sends Take-Two Stock Higher. The Bigger Test Comes Next Week

GTA 6 Preorder Rumor Sends Take-Two Stock Higher. The Bigger Test Comes Next Week

Take-Two Interactive shares rose 6.5% to $241.68 on Thursday after reports of a leaked Best Buy affiliate campaign fueled speculation that Grand Theft Auto VI pre-orders could begin next week. Neither Take-Two nor Rockstar Games has confirmed a pre-order date. The company is set to report earnings after markets close on May 21. GTA VI is listed for release on Nov. 19, 2026, for PlayStation 5 and Xbox Series X|S.
14 May 2026
Mobix Labs Stock Jumps After Rare-Earth Deal Puts Defense Supplier in China Supply-Chain Fight

Mobix Labs Stock Jumps After Rare-Earth Deal Puts Defense Supplier in China Supply-Chain Fight

Mobix Labs shares jumped 86% Thursday after announcing a non-binding letter of intent to acquire Special Project Delivery LLC, a private U.S. rare earths and critical minerals platform. The move comes as U.S. rules tighten on defense sourcing and Chinese exports of heavy rare earths remain sharply restricted. No purchase price was disclosed, and Mobix said a deal is not assured. SPD specializes in extracting rare earths from U.S. coal ash.
Lumen Stock Surges After $2.4 Billion Debt Move Puts AI Fiber Turnaround in Focus

Lumen Stock Surges After $2.4 Billion Debt Move Puts AI Fiber Turnaround in Focus

Lumen Technologies shares rose 14% Thursday, trading at $10.76 after hitting $11.27, as investors reacted to its debt refinancing and AI-focused network expansion. Level 3 Financing refinanced secured loans, leaving $2.4 billion outstanding under a repriced facility. Lumen also announced a new fiber route between Seattle and Minneapolis, set for completion by end-2026. First-quarter revenue fell to $2.899 billion, with a $200 million net loss.
14 May 2026
TSMC’s $1.5 Trillion AI Chip Call Puts the World’s Capacity Crunch on Display

TSMC’s $1.5 Trillion AI Chip Call Puts the World’s Capacity Crunch on Display

TSMC raised its 2030 global semiconductor market forecast to over $1.5 trillion, up from $1 trillion, citing surging AI demand. AI and high-performance computing are projected to make up 55% of the market. Nvidia, AMD, and Broadcom have exhausted available TSMC 3-nanometer capacity. TSMC is expanding advanced manufacturing and packaging, with new fabs in Taiwan, the US, and Japan.
MARA Holdings Stock Jumps As $1.5 Billion Bitcoin Sale Puts AI Bet In Focus

MARA Holdings Stock Jumps As $1.5 Billion Bitcoin Sale Puts AI Bet In Focus

MARA shares rose 5.8% to $13.49 in midday Nasdaq trading Thursday after the company sold 20,880 bitcoin in Q1, cutting holdings to 35,303 BTC. Quarterly revenue fell 18% to $174.6 million, with net loss widening to $1.26 billion on lower bitcoin prices. MARA plans a $1.5 billion acquisition of Long Ridge Energy & Power to expand into AI and high-performance computing.
Broadcom Stock Hits Record Before June 3 Earnings as Wall Street Bets AI Has More Room to Run

Broadcom Stock Hits Record Before June 3 Earnings as Wall Street Bets AI Has More Room to Run

Broadcom shares rose 4.6% to $436.03 midday Thursday, hitting a record after analyst price target hikes and ahead of its June 3 earnings report. The company previously guided for $22 billion in fiscal Q2 revenue, up 47% year-over-year, with AI chip sales driving growth. Market value topped $2.1 trillion. Broadcom’s partnership with OpenAI targets custom AI accelerator deployments starting in late 2026.
Tesla’s China Test: Musk’s Self-Driving Push Faces Its Biggest Gatekeeper

Tesla’s China Test: Musk’s Self-Driving Push Faces Its Biggest Gatekeeper

Elon Musk visited Beijing with President Trump’s business delegation as Tesla seeks approval to expand its Full Self-Driving system in China. Tesla shares closed nearly flat at $445.13, with a market value of about $1.57 trillion. Belgium allowed Tesla to test supervised self-driving on one car, but European regulators remain cautious. China accounted for about a fifth of Tesla’s revenue last year.
Snap Stock Is Sliding Again: Why Wall Street Is Turning Cautious on SNAP

Snap Stock Is Sliding Again: Why Wall Street Is Turning Cautious on SNAP

Snap Inc. shares dropped 34 cents to $5.27 early Thursday after Freedom Broker downgraded the stock, citing weak advertising growth and ongoing cost pressures. First-quarter revenue rose 12% to $1.53 billion, but ad revenue increased just 3% and the company forecast lower profits for the second quarter. Snap faces competition from Meta, TikTok, and Pinterest as advertisers shift budgets.
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Stock Market Today

  • 3 Auto Stocks Vulnerable to Tariff and Margin Pressures
    June 21, 2026, 11:44 AM EDT. Tariffs are reshaping global auto manufacturing with higher costs and expiring credits by 2027 affecting profit margins. This impacts stock prices of companies with manufacturing footprints exposed to tariff shifts. NIO, a Shanghai-based electric vehicle maker with production in Asia and Europe, offers tariff flexibility but remains loss-making and reliant on borrowing. Its proprietary battery swapping network and expanding brands position it uniquely amid rising raw material and chip costs. Dongfeng Motor Group, rooted in Wuhan, produces a wide range of vehicles and related services, focused solely on China. It confronts pressures from tariff-driven global production shifts and is investing heavily in new energy vehicles. These firms illustrate how tariff environments and evolving EV demand influence investor decisions in the automotive sector.

Latest articles

Nokia stock faces Monday test after holiday-shortened selloff

Nokia stock faces Monday test after holiday-shortened selloff

21 June 2026
Nokia shares tumbled nearly 9% in a holiday-shortened week despite multiple AI and network announcements, as investors demand proof of cash flow, orders, and margins ahead of the July 23 Q2 report; the stock’s drop signals skepticism that recent deals, including a new patent agreement with Lenovo, will immediately boost revenue.
Coeur Mining set for S&P MidCap 400 debut after wild, brief week

Coeur Mining set for S&P MidCap 400 debut after wild, brief week

21 June 2026
Coeur Mining shares closed at $17.51 Thursday ahead of their scheduled addition to the S&P MidCap 400 before Monday’s open, putting index-fund demand in focus after a volatile week and unusually high trading volume; Monday’s open will reveal how much buying remains after the index inclusion becomes effective.
Intel Beats AMD for Week After Trump Comments on Apple Chips

Intel stock enters week at record high after Apple chip report, Micron test ahead

21 June 2026
Intel surged 10.64% to a record $133.99 after President Trump said Apple agreed to work with Intel on U.S. chip design and manufacturing, though neither company confirmed details; investors await proof of large customer orders and factory execution as the stock’s rally outpaces current earnings and risks remain over the scale and timing of any Apple partnership.
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