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.

Micron Stock Gets $740 AI Call as Mizuho Lifts Western Digital, SanDisk Bets

Micron Stock Gets $740 AI Call as Mizuho Lifts Western Digital, SanDisk Bets

Mizuho Securities raised price targets for Micron Technology to $740 and Western Digital to $550, citing surging AI-driven memory demand. Micron shares rose 4.2% premarket to $666.59, Western Digital gained 3.8% to $483.15. Analyst Vijay Rakesh projected Micron HBM revenue to reach $35.7 billion by 2028. Micron began shipping a 245-terabyte SSD for AI and cloud workloads.
7 May 2026
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Fortinet Stock Surges 12% as Q1 Beat and 2026 Guidance Put AI Security Demand Back in Focus

Fortinet Stock Surges 12% as Q1 Beat and 2026 Guidance Put AI Security Demand Back in Focus

Fortinet shares jumped 12.3% premarket after first-quarter earnings and revenue beat estimates, with adjusted EPS at 82 cents on $1.85 billion revenue. Billings rose 31% to $2.09 billion, and product revenue climbed 41% to $645 million. The company raised its 2026 outlook, now guiding for up to $7.87 billion in annual revenue. CEO Ken Xie cited strong demand and AI-driven security threats.
7 May 2026
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DoorDash’s $100 Million Gas Bill Shows the Price of Keeping Drivers on the Road

DoorDash’s $100 Million Gas Bill Shows the Price of Keeping Drivers on the Road

DoorDash will spend about $100 million on gas relief for drivers in the first half of 2026 as U.S. fuel prices climb, with $50 million booked in Q1 and over $50 million expected in Q2. Shares rose 11% in premarket trading after the company forecast higher second-quarter order value. First-quarter orders rose 27% to 933 million, but revenue missed analyst estimates. CFO Ravi Inukonda said some investments were delayed to fund the program.
7 May 2026
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US Stock Market Today Premarket: S&P 500, Nasdaq Futures Near Records as Oil Slide Tests AI Rally

US Stock Market Today Premarket: S&P 500, Nasdaq Futures Near Records as Oil Slide Tests AI Rally

S&P 500 and Nasdaq futures hovered near record highs early Thursday after both indexes closed at records Wednesday, boosted by chip stocks. Oil prices fell further as talks progressed on a limited U.S.-Iran deal, with Brent crude trading near $98 a barrel. Weekly U.S. jobless claims are due at 8:30 a.m. ET. Friday’s payrolls report is seen as the main test for the Federal Reserve.
7 May 2026
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Corning Stock Is Suddenly an AI Trade: Inside Nvidia’s $500 Million Fiber Bet

Corning Stock Is Suddenly an AI Trade: Inside Nvidia’s $500 Million Fiber Bet

Nvidia acquired $500 million in Corning warrant rights as part of a multiyear optical-connectivity agreement. Corning will build three U.S. plants, increase optical capacity tenfold, and add over 3,000 jobs. Corning shares jumped nearly 12% premarket, while Nvidia rose 5.7%. The deal ties Corning’s fiber business more closely to AI data-center expansion.
7 May 2026
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Publix Leadership Shake-Up: Todd Jones Retires After 46 Years But Keeps Board Seat

Publix Leadership Shake-Up: Todd Jones Retires After 46 Years But Keeps Board Seat

Publix Super Markets executive chairman Todd Jones will retire from that role May 31 after 46 years, remaining as board chairman, the company said. The announcement follows first-quarter results showing sales up 2% to $16.1 billion but net earnings down 21.5% to $794 million, partly due to federal drug-pricing changes. CEO Kevin Murphy said Jones will continue to provide leadership in his board role.
7 May 2026
Primerica Q1 Earnings Beat Wall Street, But A Life Insurance Slowdown Is Hiding In The Numbers

Primerica Q1 Earnings Beat Wall Street, But A Life Insurance Slowdown Is Hiding In The Numbers

Primerica reported first-quarter adjusted operating earnings of $5.96 per share and revenue of $872.3 million, both above Wall Street estimates. Net income rose 12% to $190.1 million. Investment and Savings Products sales hit a record $4.3 billion, up 22%, while new life insurance policies issued fell 14% to 74,054. New recruits dropped 17% to 84,217 for the quarter.
7 May 2026
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Whirlpool Stock Plunges After Q1 Loss, Dividend Halt and Biggest Price Hike in a Decade

Whirlpool Stock Plunges After Q1 Loss, Dividend Halt and Biggest Price Hike in a Decade

Whirlpool shares dropped 16% after the company reported a first-quarter net loss of $85 million, suspended its dividend, and cut its 2026 profit outlook. Net sales fell 9.6% to $3.27 billion as U.S. appliance demand slumped, which Whirlpool linked to the war in Iran. The company plans its largest price hike in over a decade and will cut $150 million in costs. North American EBIT plunged to $6 million from $149 million.
7 May 2026
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Why Redwire Stock Fell After a Record Backlog: Q1 Miss and $350 Million Share Sale Plan

Why Redwire Stock Fell After a Record Backlog: Q1 Miss and $350 Million Share Sale Plan

Redwire reported first-quarter revenue of $97.0 million, missing analyst estimates and sending shares down about 10% after hours. Net loss widened to $76.5 million, driven by over $44 million in non-recurring costs. The company announced plans to sell up to $350 million in common stock. Backlog reached a record $498.1 million, and 2026 revenue guidance was reaffirmed.
7 May 2026
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Fortinet Stock Jumps After Earnings Beat as AI Security Demand Lifts Outlook

Fortinet Stock Jumps After Earnings Beat as AI Security Demand Lifts Outlook

Fortinet shares jumped up to 24% after the company raised its full-year revenue outlook and posted first-quarter revenue of $1.85 billion, beating estimates. Billings climbed 31% to $2.09 billion, and free cash flow hit a record $1.01 billion. Fortinet also launched new firewalls aimed at AI-driven workloads, positioning itself against rivals like Palo Alto Networks and Cisco.
7 May 2026
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Taiwan Semiconductor Manufacturing Company Stock Jumps as AMD’s AI Surge Puts TSMC Capacity in Focus

Taiwan Semiconductor Manufacturing Company Stock Jumps as AMD’s AI Surge Puts TSMC Capacity in Focus

TSMC’s U.S.-listed shares jumped 6.36% Wednesday after AMD reported a 38% rise in first-quarter revenue, fueling demand for AI-related chip stocks. TSMC said last month that AI demand remains “extremely robust” and 2026 capital spending will hit the high end of its $52–56 billion range. Samsung’s market value surpassed $1 trillion, highlighting competition in the chip sector. Apple has held early talks with Intel and Samsung about chip production.
7 May 2026
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Entravision Communications (EVC) Stock Nearly Doubles as AI Ad-Tech Revenue Surges

Entravision Communications (EVC) Stock Nearly Doubles as AI Ad-Tech Revenue Surges

Entravision shares surged 94% to $7.69 after first-quarter revenue more than doubled to $196.97 million and net income reached $12.36 million, reversing a year-ago loss. The Advertising Technology & Services unit drove a 204% revenue jump to $154.55 million. Broadcast revenue rose 4% but posted a wider operating loss. Cash flow turned positive, with $21.8 million generated in the quarter.
7 May 2026
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Stock Market Today

  • Indian markets open higher as Rupee slips to 94.42 against US dollar
    June 22, 2026, 2:31 AM EDT. Indian markets opened higher amid cautious investor sentiment as the Rupee weakened by 9 paise to 94.42 against the US dollar. The currency dip reflects concerns over ongoing US-Iran talks and fluctuations in crude oil prices, key factors influencing market dynamics and foreign exchange movements.

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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