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.

US Stock Market Live: Why Wall Street Is Hitting Records Even With Inflation Running Hot

US Stock Market Live: Why Wall Street Is Hitting Records Even With Inflation Running Hot

The S&P 500 and Nasdaq hit new intraday highs Thursday, led by gains in Nvidia and Cisco. April retail sales rose 0.5%, while jobless claims increased to 211,000. Cisco shares surged after raising its annual revenue forecast and reporting $5.3 billion in AI infrastructure orders. Rate-cut odds for June remained low, with market pricing near a 97% chance the Fed holds.
IREN Stock Rises as $2.6 Billion Debt Deal Tests Its Nvidia AI Ambitions

IREN Stock Rises as $2.6 Billion Debt Deal Tests Its Nvidia AI Ambitions

IREN Limited shares climbed 4.7% to $57.75 in New York after the company priced $2.6 billion in 1.00% convertible senior notes due 2033, up from a $2 billion plan. The offering, expected to close May 14, follows a $3.4 billion AI cloud services contract and a strategic partnership with Nvidia. IREN reported a $247.8 million net loss for the March quarter. JPMorgan raised its price target to $46 but maintained an Underweight rating.
Redwire Stock Jumps Again as $498 Million Backlog Puts Defense Growth Back in Play

Redwire Stock Jumps Again as $498 Million Backlog Puts Defense Growth Back in Play

Redwire shares jumped nearly 14% to $13.04 Thursday after reporting first-quarter revenue up 57.9% to $97 million and reaffirming its 2026 sales outlook. The company ended March with a $498.1 million backlog but posted a $76.5 million net loss. Redwire also launched a $350 million at-the-market share program, raising dilution concerns.
Apellis Pharmaceuticals Vanishes From Nasdaq as Biogen’s Rare-Disease Bet Takes Over

Apellis Pharmaceuticals Vanishes From Nasdaq as Biogen’s Rare-Disease Bet Takes Over

Biogen closed its $5.3 billion acquisition of Apellis Pharmaceuticals, making Apellis a wholly owned subsidiary and ending its Nasdaq listing. Apellis shareholders receive $41 per share in cash plus a contingent value right tied to Syfovre sales. Biogen gains Syfovre and Empaveli, which generated $689 million in 2025 revenue. Biogen funded the deal with $2 billion in unsecured term loans.
Coterra Energy Stock Just Vanished From the NYSE. Devon’s Deal Is Now Fueling a Shale M&A Wave

Coterra Energy Stock Just Vanished From the NYSE. Devon’s Deal Is Now Fueling a Shale M&A Wave

Devon Energy has completed its all-stock merger with Coterra, ending CTRA trading on the NYSE. The $25 billion deal drove U.S. upstream oil-and-gas M&A to a two-year quarterly high, according to Enverus. Devon now faces pressure to deliver $1 billion in annual synergies and has launched an $8 billion buyback program. The combined company will operate as Devon, based in Houston.
Quantum Cyber Stock Surges As Drone Deal And Ex-VA Chief Put Defense Pivot In Focus

Quantum Cyber Stock Surges As Drone Deal And Ex-VA Chief Put Defense Pivot In Focus

Quantum Cyber N.V. appointed former acting U.S. Veterans Affairs Secretary Peter M. O’Rourke Sr. to its board Thursday, a day after announcing an exclusive drone technology license with BP United Inc. Shares surged 264% over the past week, reaching $1.34 premarket. The company, recently renamed from Mainz Biomed, reported a $16.2 million net loss and under $1 million in cash for 2025.
Cisco Stock Surges as AI Orders Boom and Nearly 4,000 Jobs Face Cuts

Cisco Stock Surges as AI Orders Boom and Nearly 4,000 Jobs Face Cuts

Cisco shares jumped as much as 22% in premarket trading after the company raised its sales forecast and announced a restructuring focused on AI. Cisco reported $15.8 billion in third-quarter revenue and raised its full-year outlook, while planning to cut fewer than 4,000 jobs. The company said it has taken $5.3 billion in AI infrastructure orders from hyperscalers so far in fiscal 2026. Restructuring costs are expected to reach $1 billion before tax.
Forgent Power Stock Jumps After Record Orders Put AI Power Demand Back in Focus

Forgent Power Stock Jumps After Record Orders Put AI Power Demand Back in Focus

Forgent raised its fiscal 2026 revenue forecast to $1.35 billion–$1.39 billion after third-quarter bookings surged 308% to $867 million, more than double revenue for the period. Backlog reached $1.98 billion at March 31, up 157% from a year earlier. Net income rose to $24.5 million from $8.4 million. Shares climbed $2.51 to $45.52 in premarket trading.
Ondas Stock Jumps After Big Q1 Revenue Beat, With Datavault AI Earnings Next

Ondas Stock Jumps After Big Q1 Revenue Beat, With Datavault AI Earnings Next

Ondas Inc. raised its 2026 revenue target to at least $390 million after first-quarter revenue jumped to $50.1 million, beating both its own and Wall Street estimates. Shares rose 14% in premarket trading. The company posted an operating loss of $42.7 million, while net income was boosted by a $389.5 million non-cash gain. Pro forma backlog reached $457 million at quarter’s end.
Apple Backs Google in EU AI Fight as iPhone Rules Loom

Apple Backs Google in EU AI Fight as iPhone Rules Loom

Apple warned the European Commission that proposed EU rules forcing Google’s Android to open core features to rival AI assistants could endanger privacy, security, and device performance. The Commission’s feedback period closed Wednesday, with a final decision expected by July 27. Apple argued the measures could set a precedent for its own platforms. Google also opposes the plan, calling it an “unwarranted intervention.”
Precigen Stock Jumps as Papzimeos Sales Change the Story for PGEN Investors

Precigen Stock Jumps as Papzimeos Sales Change the Story for PGEN Investors

Precigen shares jumped 14.1% in early trading after first-quarter revenue reached $23.3 million, beating estimates, and net loss narrowed to $7.9 million from $54.2 million a year earlier. Papzimeos, its new RRP therapy, generated $21.6 million in net product revenue. The company ended March with $56.7 million in cash and expects current funds and Papzimeos sales to last through 2026.
14 May 2026
POET Stock Jumps After $50 Million Lumilens AI Optics Order — The Bigger Test Comes Later

POET Stock Jumps After $50 Million Lumilens AI Optics Order — The Bigger Test Comes Later

POET Technologies signed a supply and joint-development agreement with Lumilens, including a $50 million initial order for optical engines used in AI data-center networks. The companies said cumulative purchases could exceed $500 million over five years. POET shares rose 16% after the news. First engineering samples are expected in late 2026, with production targeted for 2027.
14 May 2026
Boeing’s 500-Jet China Prize Puts Trump-Xi Trade Talks on the Line

Boeing’s 500-Jet China Prize Puts Trump-Xi Trade Talks on the Line

U.S. Treasury Secretary Scott Bessent said he expects China to announce large Boeing aircraft orders during President Trump’s visit to Beijing. Talks reportedly include a package of up to 500 737 MAX jets, which would mark China’s first major Boeing purchase since 2017. Boeing CEO Kelly Ortberg and other U.S. executives are joining Trump’s delegation. China is also discussing purchases of U.S. energy and agricultural goods.
14 May 2026
Alphabet’s $60 Billion AI Debt Sprint Puts Google Stock Back in Focus

Alphabet’s $60 Billion AI Debt Sprint Puts Google Stock Back in Focus

Alphabet is preparing its first yen-denominated bond sale, expected to raise several hundred billion yen, as part of a broader funding push for AI expansion. The company has lifted its 2026 capex forecast to $180–$190 billion and could reach $60 billion in total new debt across currencies this year. Google Cloud revenue rose 63% to $20 billion last quarter. EU regulators continue to press Google under the Digital Markets Act.
Antelope Enterprise Stock Surges Again as AEHL’s Bitcoin Plan Draws a Fast-Moving Trade

Antelope Enterprise Stock Surges Again as AEHL’s Bitcoin Plan Draws a Fast-Moving Trade

Antelope Enterprise shares rose 30.1% to $4.71 in premarket trading Thursday after a 71.6% surge Wednesday. The rally follows disclosure of $190,000 in Bitcoin gains and a $95,000 buyback plan. Recent filings show a $200 million shelf registration and a 12 million-share sale at $0.207 each. Trading volume Wednesday hit 81 million shares, up from under 100,000 a week earlier.
Why Snail Inc Stock Is Surging Today After ARK Sales Flip Q1 to Profit

Why Snail Inc Stock Is Surging Today After ARK Sales Flip Q1 to Profit

Snail Inc. reported first-quarter net income of $2.1 million on revenue of $27.3 million, reversing a year-earlier loss. Shares jumped 125% to $1.13 in premarket trading, lifting the stock above Nasdaq’s $1 minimum bid threshold ahead of a June 29 compliance deadline. Revenue gains came mainly from ARK: Survival Ascended and Bellwright. EBITDA swung to $2.4 million from a $3.2 million loss.
14 May 2026
Crypto’s Biggest Senate Test Is Here: Banks Push Back as CLARITY Act Heads to Vote

Crypto’s Biggest Senate Test Is Here: Banks Push Back as CLARITY Act Heads to Vote

The Senate Banking Committee will begin debate Thursday on the Digital Asset Market Clarity Act, which would clarify SEC and CFTC oversight of cryptocurrencies and set new rules for stablecoin rewards. Over 130 amendments were filed, including 44 from Sen. Elizabeth Warren. The bill’s fate may hinge on a bipartisan vote. Banks and crypto firms remain divided over stablecoin provisions.
14 May 2026
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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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