Today: 22 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.

CoreWeave Stock Drops as $99 Billion AI Backlog Runs Into Bigger Spending Bill

CoreWeave Stock Drops as $99 Billion AI Backlog Runs Into Bigger Spending Bill

CoreWeave shares dropped about 7% in pre-market trading after the company forecast second-quarter revenue below analyst expectations and raised its 2026 spending outlook. First-quarter revenue more than doubled to $2.078 billion, but net loss widened to $740 million. The company reported a revenue backlog of $99.4 billion as of March 31. CoreWeave recently announced major deals with Meta, Jane Street, and Anthropic.
8 May 2026
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Tempus AI Just Priced a $400 Million Debt Deal. Here’s What Investors Need to Watch

Tempus AI Just Priced a $400 Million Debt Deal. Here’s What Investors Need to Watch

Tempus AI priced a $400 million private sale of 0% convertible senior notes due 2032, upsized from $350 million, to repay $307.7 million in loans and fund operations. The deal follows first-quarter revenue of $348.1 million, up 36%, but a net loss widened to $125.9 million. Shares traded at $49.47 premarket, down $4.07. The notes convert at $69.26 per share, a 40% premium to the last close.
8 May 2026
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Iron Mountain Incorporated Stock Falls After Six-Day Rally as AI Data-Center Bet Faces New Test

Iron Mountain Incorporated Stock Falls After Six-Day Rally as AI Data-Center Bet Faces New Test

Cohere agreed in April to acquire Germany’s Aleph Alpha, aiming to expand in regulated European markets as governments demand “sovereign AI.” Schwarz Group plans to invest $600 million in Cohere, which was valued at $6.8 billion last year. The merged company will be based in Germany and Canada, targeting sectors like finance and defence. The deal awaits shareholder and regulatory approval.
8 May 2026
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Zoetis Stock Plunge: The Pet-Care Slowdown Wall Street Can’t Ignore

Zoetis Stock Plunge: The Pet-Care Slowdown Wall Street Can’t Ignore

Zoetis cut its 2026 revenue forecast to $9.68 billion-$9.96 billion and lowered adjusted EPS guidance after U.S. companion-animal product sales dropped 11% in the first quarter. Shares fell $23.86 to $87.31. First-quarter adjusted EPS came in at $1.53, missing analyst estimates of $1.61. CEO Kristin Peck cited weaker demand, fewer vet visits, and increased competition.
8 May 2026
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Gas Prices May Stay High Even After an Iran Peace Deal — Here’s Why

Gas Prices May Stay High Even After an Iran Peace Deal — Here’s Why

U.S. regular gasoline averaged $4.546 a gallon Friday, near its highest since 2022, according to AAA. Prices remain elevated as fighting near the Strait of Hormuz disrupts oil flows, despite signs of progress toward a U.S.-Iran deal. Analysts say pump prices are unlikely to return to pre-war levels before 2027. Oil benchmarks hovered near $100 a barrel, with inventories still low.
8 May 2026
Coinbase Stock Slides After Surprise Q1 Loss: Crypto Slowdown Hits The Exchange

Coinbase Stock Slides After Surprise Q1 Loss: Crypto Slowdown Hits The Exchange

Coinbase reported a first-quarter net loss of $394.1 million as revenue fell 31% to $1.413 billion, reversing a year-earlier profit. Trading volumes dropped amid weaker crypto prices, and an AWS outage briefly disrupted services overnight. Shares fell about 5% after the results. The company also announced plans to cut 700 jobs, or 14% of its workforce.
8 May 2026
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Akamai Stock Set to Jump as $1.8 Billion AI Cloud Deal Steals the Earnings Spotlight

Akamai Stock Set to Jump as $1.8 Billion AI Cloud Deal Steals the Earnings Spotlight

Akamai Technologies shares jumped 26% in premarket trading after announcing a $1.8 billion, seven-year cloud infrastructure deal with an unnamed U.S. AI model developer. First-quarter revenue rose 6% to $1.074 billion, with cloud infrastructure services up 40% to $95 million. The company forecast softer second-quarter results, with revenue and adjusted earnings below analyst estimates.
8 May 2026
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HubSpot Stock Drops After Q1 Beat as AI Sales Shift Tests Wall Street

HubSpot Stock Drops After Q1 Beat as AI Sales Shift Tests Wall Street

HubSpot’s first-quarter revenue rose 23% to $881 million, beating estimates, but shares fell 11.9% after the company warned of a slow start to the second quarter and longer sales cycles tied to new AI-based pricing. Net income reached $32.6 million, reversing a year-ago loss. Customer count climbed 16% to 299,458. HubSpot forecast second-quarter revenue of up to $898 million.
8 May 2026
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Shake Shack Stock Plunge: Q1 Loss, Beef Costs and New CFO Put Burger Chain on the Spot

Shake Shack Stock Plunge: Q1 Loss, Beef Costs and New CFO Put Burger Chain on the Spot

Shake Shack shares plunged as much as 30.4% after the company reported a first-quarter net loss and missed revenue estimates, with margins pressured by rising beef and operating costs. Revenue rose 14.3% to $366.7 million, below forecasts, while operating loss reached $2.6 million. The company named Michelle Hook as its new CFO, effective May 11. Shares last traded at $69.24, down $27.27 from the prior close.
8 May 2026
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Baidu Shares Jump as AI Chip Unit Kunlunxin Pushes Dual IPO Plan

Baidu Shares Jump as AI Chip Unit Kunlunxin Pushes Dual IPO Plan

Kunlunxin, Baidu’s AI chip unit, has started the process for a Shanghai STAR Market IPO while maintaining plans for a Hong Kong listing. Baidu’s Hong Kong shares rose 5.75% after the news. The move comes as Chinese investors seek domestic AI chipmakers amid U.S. export curbs. Kunlunxin signed a pre-IPO tutoring agreement with China International Capital Corp on April 29.
8 May 2026
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Marvell Technology Stock Slides 7%—Why the AI Chip Favorite Just Hit a Wall

Marvell Technology Stock Slides 7%—Why the AI Chip Favorite Just Hit a Wall

Marvell Technology shares rose 1.7% in early premarket trading Friday after a 7.05% drop Thursday, closing at $160.01. The company, which reported fiscal 2026 revenue of $8.195 billion with 74% from data centers, is set to release first-quarter results on May 27. Nvidia invested $2 billion in Marvell in March. Marvell recently acquired Polariton Technologies to boost its data-center chip capabilities.
8 May 2026
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CrowdStrike Holdings Stock Jumps 8% as AI Cybersecurity Rally Meets CEO Share Sale

CrowdStrike Holdings Stock Jumps 8% as AI Cybersecurity Rally Meets CEO Share Sale

CrowdStrike shares rose 8% Thursday as investors returned to cybersecurity stocks linked to AI demand, despite a weaker S&P 500. CEO George Kurtz sold 5,000 shares under a pre-set plan but retains over 2.2 million shares. The company will report fiscal Q1 2027 results on June 3. CrowdStrike also promoted Amanda Adams to senior vice president of global alliances.
8 May 2026
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Datadog’s $1 Billion AI Quarter Sends Stock Flying

Datadog’s $1 Billion AI Quarter Sends Stock Flying

Datadog reported first-quarter revenue above $1 billion for the first time, up 32% to $1.006 billion, and raised its 2026 sales forecast to as much as $4.34 billion. Shares jumped $45.02 to $188.73. The company said it had 4,550 large customers at the end of March, up 21% from a year earlier. Datadog also launched GPU Monitoring and secured FedRAMP High certification for its government product.
8 May 2026
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Stock Market Today

  • Oil Prices Rise on Doubts Over U.S.-Iran Interim Peace Deal
    June 22, 2026, 12:07 AM EDT. Oil prices climbed in early Asian trading amid growing skepticism about the durability of the U.S.-Iran interim peace deal. Concerns over the agreement's stability have prompted traders to reassess supply risks, driving crude prices higher.

Latest articles

Cognizant (NASDAQ: CTSH) Slides 10% as Nasdaq-100 Exit Nears

Cognizant (NASDAQ: CTSH) Slides 10% as Nasdaq-100 Exit Nears

22 June 2026
Cognizant shares plunged 10.49% to $43.70, erasing $2.4 billion in equity value—more than its $2 billion 2026 buyback target—after Accenture’s narrowed growth outlook, a Berenberg downgrade, and looming Nasdaq-100 removal, even as S&P 500 and Nasdaq rallied; investors now eye Q2 guidance as the next key test.
Pentagon Could Outpace Tech Giants on Small Nuclear Projects

Pentagon Could Outpace Tech Giants on Small Nuclear Projects

22 June 2026
Valar Atomics’ Ward 250 became the first DOE-authorized advanced reactor built outside a national lab to achieve criticality, signaling a shift as U.S. defense demand accelerates small nuclear deployment, with the Army allocating over $2 billion for microreactors—moving the sector from policy to production and raising near-term demand expectations.
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