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.

Shake Shack Stock Drops Again As Wall Street Cuts Targets After Earnings Miss

Shake Shack Stock Drops Again As Wall Street Cuts Targets After Earnings Miss

Shake Shack shares closed down 8.0% at $64.50 Monday after UBS cut its price target to $79 from $104, extending losses from last week’s first-quarter miss. The company reported a net loss of $290,000 on revenue of $366.7 million, with adjusted EBITDA down 9.3%. Michelle Hook started as CFO Monday as the chain faces rising beef costs and higher expenses.
12 May 2026
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Keel Infrastructure Q1 Results: $533 Million AI Data-Center Pivot Hits Its First Major Test

Keel Infrastructure Q1 Results: $533 Million AI Data-Center Pivot Hits Its First Major Test

Keel Infrastructure Corp reported a first-quarter loss of $128 million as revenue from legacy operations dropped 23% to $37 million. The company, formerly Bitfarms, said it has $533 million in liquidity to support leasing at three North American AI data-center sites this year. Keel has secured 350 megawatts at Panther Creek and 110 megawatts at Sharon in Pennsylvania.
12 May 2026
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D-Wave Quantum Stock Faces a Big Earnings Test After 55% Rally

D-Wave Quantum Stock Faces a Big Earnings Test After 55% Rally

D-Wave Quantum will report first-quarter results before markets open Tuesday, with consensus revenue estimates around $4.14 million, sharply below last year’s $15 million. Shares rose 6.5% to $24.03 Monday and traded higher after hours. The company disclosed $32.8 million in bookings as of Feb. 25, including a $20 million sale to Florida Atlantic University. Analyst John McPeake maintained a Buy rating and $43 target ahead of the report.
12 May 2026
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Byron Allen’s $120 Million BuzzFeed Takeover Puts YouTube Ambition at Center

Byron Allen’s $120 Million BuzzFeed Takeover Puts YouTube Ambition at Center

Byron Allen’s family office will invest $120 million for a 52% stake in BuzzFeed, making him chairman and CEO and moving founder Jonah Peretti to a new AI-focused role. Allen Family Digital will pay $20 million in cash and issue a $100 million promissory note. BuzzFeed shares surged 156% after the deal, which values the stock at $3 per share, a 265.9% premium to Friday’s close. BuzzFeed’s Q1 revenue fell 12.4% to $31.6 million.
12 May 2026
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Power Solutions International Stock Plunges After Profit Sinks 62%; Data Center Bet Faces New Test

Power Solutions International Stock Plunges After Profit Sinks 62%; Data Center Bet Faces New Test

Power Solutions International reported first-quarter net income of $7.3 million, down 62% from a year earlier, with revenue falling 5% to $128.6 million. Shares plunged 17.5% to $62.45 at the Nasdaq close and dropped further in after-hours trading. The company did not issue full-year guidance. Gross margin fell to 22.9% from 29.7% a year earlier.
12 May 2026
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Hims & Hers Stock Drops After Surprise Loss as Weight-Loss Pivot Clouds 2026 Outlook

Hims & Hers Stock Drops After Surprise Loss as Weight-Loss Pivot Clouds 2026 Outlook

Hims & Hers Health shares dropped about 10% after the company missed first-quarter revenue estimates and reported a $92.1 million net loss, reversing a profit from a year earlier. Revenue rose 4% to $608.1 million, but gross margin fell to 65% and operating expenses increased. Subscriber count grew 9%, though monthly revenue per user declined. The company raised its 2026 sales forecast but cut its profit outlook.
12 May 2026
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e.l.f. Beauty Stock Sinks 9% Before Earnings as Wall Street Questions the Growth Story

e.l.f. Beauty Stock Sinks 9% Before Earnings as Wall Street Questions the Growth Story

e.l.f. Beauty shares dropped 9.3% to $55.19 Monday, hitting a new 52-week low ahead of fiscal Q4 results due May 20. The decline followed a Morgan Stanley downgrade citing U.S. market-share losses, despite e.l.f.’s claims of recent gains. Coty and Estée Lauder also fell, signaling broader pressure on beauty stocks. e.l.f. cited higher tariffs and costs, with margins slipping and debt rising after acquiring Rhode.
12 May 2026
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Babcock & Wilcox Stock Surges as AI Power Orders Fuel a 44% Revenue Jump

Babcock & Wilcox Stock Surges as AI Power Orders Fuel a 44% Revenue Jump

Babcock & Wilcox reported first-quarter revenue of $214.4 million, up 44% from a year earlier, and booked $2.5 billion in new work, pushing backlog to $2.7 billion. Shares jumped about 30% to $18.91 despite a wider net loss of $79.6 million, mainly due to non-cash stock costs. The company cited strong demand from AI data centers and signed a $2.4 billion deal to build four power plants for Base Electron.
12 May 2026
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Shopify Stock Slides Again As AI Cost Fears Spill Into Shareholder Vote

Shopify Stock Slides Again As AI Cost Fears Spill Into Shareholder Vote

Shopify shares fell 7.13% to $102.54 Monday after last week’s earnings and the release of annual-meeting materials highlighting an AI governance vote set for June 16. A shareholder proposal asks Shopify to adopt a responsible-use AI policy, which the board opposes. First-quarter revenue rose 34% to $3.17 billion, but investors remain focused on rising expenses and AI strategy.
11 May 2026
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GSI Technology Stock Jumps 39% As GSIT Options Surge Puts AI-Memory Bet Back in Focus

GSI Technology Stock Jumps 39% As GSIT Options Surge Puts AI-Memory Bet Back in Focus

GSI Technology shares jumped 38.7% Monday to $11.72, with trading and call-option volume far above average. The company reported fiscal 2026 revenue of $25.1 million, up 22%, but posted a $13.2 million net loss. CEO Lee-Lean Shu filed to sell 143,062 shares after the close under a preset plan. GSI recently won a $2 million U.S. Army contract for its Gemini-II AI platform.
11 May 2026
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Booking Holdings Stock Drops Again as Middle East Travel Shock Clouds BKNG Outlook

Booking Holdings Stock Drops Again as Middle East Travel Shock Clouds BKNG Outlook

Booking Holdings shares fell 4.9% to $157.80 Monday, extending losses as travel stocks dropped on concerns over Middle East disruptions. The company cut its full-year revenue growth target to high single digits and forecast slower second-quarter growth. Gross bookings rose 15% to $53.8 billion in Q1, but executives warned of broader impacts if disruptions persist. Expedia and Airbnb also declined.
11 May 2026
Corning Incorporated Stock Jumps After BofA Pick — Why Nvidia’s AI Fiber Deal Matters for GLW

Corning Incorporated Stock Jumps After BofA Pick — Why Nvidia’s AI Fiber Deal Matters for GLW

Corning shares surged 10.84% to $207.21 Monday after BofA added the company to its “U.S. 1 List,” following last week’s Nvidia partnership. Corning and Nvidia plan to expand U.S. optical connectivity manufacturing, with Nvidia investing over $500 million and additional factory funding. Corning expects to reach a $20 billion annualized sales run rate by end of 2026. First-quarter core sales rose 18% to $4.35 billion.
11 May 2026
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Intuitive Surgical Stock Drops 6%: Why ISRG Hit A Fresh 52-Week Low Today

Intuitive Surgical Stock Drops 6%: Why ISRG Hit A Fresh 52-Week Low Today

Intuitive Surgical shares dropped 6.6% Monday to $417.80, hitting a 12-month low after the FDA classified a recall of its SureForm stapler reloads as the most serious type, citing four injuries and one death. The company reported first-quarter revenue up 23% to $2.77 billion, but warned tariffs and safety issues could affect 2026 results. Johnson & Johnson advanced its rival OTTAVA robot in a key gastric-bypass study.
11 May 2026
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Dow Jones Today: Why Wall Street Rose After the Bell Despite Oil Shock

Dow Jones Today: Why Wall Street Rose After the Bell Despite Oil Shock

The Dow Jones Industrial Average rose 100.46 points, or 0.20%, to 49,709.62 on Monday, with the S&P 500 and Nasdaq also closing higher. Semiconductor and AI-related chip stocks led gains, offsetting concerns over rising oil prices and stalled U.S.-Iran talks. Investors await the consumer price index for signs of broader inflation. Some airline shares fell as higher crude prices weighed on the sector.
11 May 2026
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US Stock Market Today After Bell: S&P 500, Nasdaq Hit Fresh Records as Oil Shock Tests AI Rally

US Stock Market Today After Bell: S&P 500, Nasdaq Hit Fresh Records as Oil Shock Tests AI Rally

The S&P 500 closed at a record 7,426.44 and the Nasdaq at 26,256.13, driven by gains in chip and AI-related stocks. Brent crude settled at $104.21 a barrel, up 2.9%, after renewed U.S.-Iran tensions. The Dow slipped 2.54 points to 49,606.62. Investors await key inflation data this week as oil prices climb.
11 May 2026
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Stock Market Today

  • Verizon Shares Drop 5.7% Amid New Plan Overhaul and Upcoming Debt Settlement
    June 21, 2026, 4:58 PM EDT. Verizon shares fell 5.7% to $45.37 in a holiday-shortened week as investors reacted to the company's simplified plans, fee reductions, and a loyalty program designed to improve subscriber retention. The moves aim to boost user growth but raised concerns about potential margin pressures. Heavy trading activity highlighted investor skepticism ahead of Verizon's $1.86 billion debt-settlement due Monday and the July 24 earnings webcast. Market watchers are closely monitoring whether these strategy shifts can enhance growth without compromising profitability.

Latest articles

Ondas heads into long weekend, Cyberhawk agreement in view

Ondas Stock: ONDS Ends Short Week Little Changed After $125 Million Cyberhawk Deal

21 June 2026
NASA’s James Webb Space Telescope captured every main stage of star formation in a single image of Orion A’s OMC-2, offering astronomers an unprecedented near-Earth laboratory to study how cold gas becomes stars and planets, as researchers use new data to map motion, feedback, and hidden objects in this active stellar nursery.
Stocks to Watch: SPCX, MU, XOM on Radar Before Monday Bell

Stocks to Watch: SPCX, MU, XOM on Radar Before Monday Bell

21 June 2026
Micron surged 8.70% to a record $1,133.99 as Apple flagged rising memory costs, with Wednesday’s earnings looming and June 26 options pricing a 14.3% move—putting a $971.83–$1,296.15 band in play and making MU mechanically closest to price discovery among major stocks.
Verizon stock ends short week lower as plan overhaul faces investor test

Verizon stock ends short week lower as plan overhaul faces investor test

21 June 2026
Verizon shares slid 5.7% to $45.37 in a holiday-shortened week as investors weighed new simpler plans, fee cuts, and a loyalty program aimed at boosting subscriber retention, with heavy trading volume signaling skepticism over whether these moves can lift growth without hurting margins ahead of Monday’s $1.86 billion debt-settlement and the July 24 earnings webcast.
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