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.

Blue Cross Blue Shield Settlement Payouts Start in May — Who Gets Money From the $2.67 Billion Fund

Blue Cross Blue Shield $2.67 Billion Settlement Payments Are Starting: Who Gets Paid Now

Trader Joe’s will launch Summer Fun Mini Insulated Totes nationwide on May 20 for $3.99 each, with in-store sales only and no online or delivery options. The 1.5-gallon bags come in six summer designs and are expected to sell out quickly, as past releases have drawn long lines and resale markups. The company warns supplies are limited and does not condone reselling.
6 May 2026
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Primoris Services Corporation Stock Crash: Why PRIM Shares Are Plunging After Q1 Earnings Miss

Primoris Services Corporation Stock Crash: Why PRIM Shares Are Plunging After Q1 Earnings Miss

Primoris Services shares plunged 49% Wednesday after missing Q1 earnings and lowering its 2026 profit outlook, citing cost overruns in renewable-energy projects. The stock traded at $102.54 midday, down $100.38. Q1 net income dropped to $17.4 million from $44.2 million a year earlier. Adjusted earnings of 59 cents a share and revenue of $1.56 billion both fell short of estimates.
6 May 2026
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Alibaba Stock Jumps as AI Bets Face a May 13 Earnings Test

Alibaba Stock Jumps as AI Bets Face a May 13 Earnings Test

Alibaba’s U.S.-listed shares jumped 6.6% to $141.04 on Wednesday, driven by renewed investor interest in artificial intelligence infrastructure. The rally comes ahead of Alibaba’s March-quarter and fiscal-year earnings report due May 13. Investors are watching for signs that cloud and AI gains can offset weak e-commerce demand. Competitors like DeepSeek are also drawing attention in the AI sector.
6 May 2026
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Dow Jones Today: 500-Point Rally Puts Blue-Chips Back in Play as Oil Slides and AMD Surges

Dow Jones Today: 500-Point Rally Puts Blue-Chips Back in Play as Oil Slides and AMD Surges

The Dow Jones rose about 500 points Wednesday, reaching 49,795.34 by midday, as falling oil prices and strong AI stock gains lifted Wall Street. Brent crude dipped below $100 after reports of possible U.S.-Iran progress. The S&P 500 and Nasdaq hit record highs. Disney and AMD both reported results above estimates, while U.S. private payrolls posted their largest gain in over a year.
6 May 2026
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US Stock Market Today: S&P 500 and Nasdaq Hit Records as AMD Rally, Oil Drop Shake Wall Street

US Stock Market Today: S&P 500 and Nasdaq Hit Records as AMD Rally, Oil Drop Shake Wall Street

The S&P 500 and Nasdaq hit record highs Wednesday as AMD shares surged nearly 17% on a strong revenue forecast, boosting AI-linked stocks. The Dow rose 510 points, oil prices dropped nearly 7% on reports of U.S.-Iran progress, and ADP reported 109,000 private-sector jobs added in April. Brent crude fell to $102.24 a barrel.
6 May 2026
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Cencora Stock Tumbles as Revenue Warning Overshadows Higher Profit Forecast

Cencora Stock Tumbles as Revenue Warning Overshadows Higher Profit Forecast

Cencora cut its full-year revenue growth forecast after missing quarterly revenue estimates, sending shares down 13.5% to $264.49. U.S. Healthcare Solutions revenue rose 2.9% to $68.8 billion, below analyst expectations. Total revenue reached $78.4 billion, missing Wall Street’s $81.09 billion estimate. The company raised its adjusted earnings forecast and plans $1 billion in share buybacks by end of 2026.
6 May 2026
SolarEdge Stock Slides After Earnings Miss as Turnaround Faces a Harder Test

SolarEdge Stock Slides After Earnings Miss as Turnaround Faces a Harder Test

SolarEdge shares dropped 6% Wednesday after the company posted a wider-than-expected adjusted Q1 loss, despite revenue rising 46% year-over-year to $310.5 million. The stock traded at $41.91 midday. U.S. revenue fell 20% from the prior quarter, while European sales rose 14%. The company forecast Q2 revenue of $325 million to $355 million and said Nexis production was fully booked in Europe.
6 May 2026
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Avalo Therapeutics Stock Jumps As $375 Million Raise Follows Phase 2 HS Trial Win

Avalo Therapeutics Stock Jumps As $375 Million Raise Follows Phase 2 HS Trial Win

Avalo Therapeutics priced a $375 million public offering after reporting positive Phase 2 results for abdakibart in hidradenitis suppurativa. The company will sell 19.73 million shares at $17.75 each and pre-funded warrants for 1.4 million shares. Shares rose 34% to $21.73 by midday. The Phase 2 trial showed HiSCR75 response rates of over 42% for both dosing regimens versus 25.6% for placebo.
6 May 2026
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Klaviyo Stock Plunges Nearly 30% After Q1 Beat as CFO Exit Clouds 2026 Outlook

Klaviyo Stock Plunges Nearly 30% After Q1 Beat as CFO Exit Clouds 2026 Outlook

Klaviyo shares plunged about 30% Wednesday after CFO Amanda Whalen announced plans to step down later this year, despite the company beating first-quarter estimates and raising its 2026 revenue outlook. The stock traded near $16.33 by midday. The company forecast slower Q2 growth and lower margins, prompting Stifel to cut its price target. Whalen will stay through August 21 before moving to an advisory role.
6 May 2026
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TransMedics Group Stock Tumbles 23% as Profit Hit Overshadows Organ-Transplant Growth

TransMedics Group Stock Tumbles 23% as Profit Hit Overshadows Organ-Transplant Growth

TransMedics shares dropped 23% to $72.88 after first-quarter adjusted earnings of 30 cents per share missed estimates and profit fell to $7.3 million from $25.7 million. Revenue rose 21% to $173.9 million but missed forecasts, while gross margin slipped to 58% from 61% as operating expenses jumped. The company maintained its 2026 revenue outlook of $727–$757 million.
6 May 2026
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QUALCOMM Incorporated Stock Nears $200 as AI Data-Center Bet Drives QCOM Rally

QUALCOMM Incorporated Stock Nears $200 as AI Data-Center Bet Drives QCOM Rally

Qualcomm shares rose 1.8% to $189.83 Wednesday after hitting $200.34, boosted by investor interest in AI data-center chips and a custom silicon deal with a major cloud operator. Fiscal Q2 revenue reached $10.6 billion, with handset sales down 13% but automotive revenue up 38%. CEO Cristiano Amon declined to name the cloud customer, saying shipments begin later this year.
6 May 2026
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Why POET Technologies Stock Is Back in the Spotlight After Marvell Order Shock

Why POET Technologies Stock Is Back in the Spotlight After Marvell Order Shock

Investor-rights law firms increased notices Wednesday over a securities class action against POET Technologies after Marvell Semiconductor canceled all Celestial AI-related orders. The lawsuit names CEO Suresh Venkatesan and CFO Thomas Mika and alleges misrepresentations on tax status and business agreements. POET shares traded at $9.385 on Nasdaq, up 17.5 cents. The lead-plaintiff deadline is June 29.
6 May 2026
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Palantir Stock Just Sank After a Blowout Quarter. Wall Street Is Finding the One Thing It Didn’t Like

Palantir Stock Just Sank After a Blowout Quarter. Wall Street Is Finding the One Thing It Didn’t Like

Palantir shares fell 1.4% to $134.04 despite reporting record quarterly revenue growth and raising its 2026 outlook. U.S. commercial revenue missed estimates by $10 million, triggering the drop. First-quarter revenue rose 85% to $1.63 billion, while government sales climbed 84%. Bank of America maintained a Buy rating but warned expectations remain high.
6 May 2026
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Arm Stock Surges Before Earnings as AI Server CPU Bet Faces Wall Street Test

Arm Stock Surges Before Earnings as AI Server CPU Bet Faces Wall Street Test

Arm Holdings’ U.S. shares jumped 11% to $231.42 Wednesday before its fiscal Q4 results, lifted by optimism around AI infrastructure and AMD’s strong outlook. Wall Street expects Arm to post $1.47 billion in revenue and 59 cents EPS. UBS raised its price target to $245, citing server CPU market growth. Arm will report after the U.S. close and host a webcast at 22:00 BST.
6 May 2026
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IonQ Earnings Today: $500 Stock Talk Meets a Quantum Reality Check

IonQ Earnings Today: $500 Stock Talk Meets a Quantum Reality Check

IonQ will report first-quarter results after the market closes Wednesday, with analysts expecting revenue of $49.8 million and a loss of 46 cents per share. Shares rose 2.6% to $49.26 in morning trading, valuing the company at $14.5 billion. IonQ’s $1.8 billion SkyWater Technology acquisition remains pending regulatory and shareholder approval. The company launched a commercial InSAR satellite radar product on Monday.
6 May 2026
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Kraft Heinz Stock Jumps After Q1 Sales Beat Puts CEO’s $600 Million Turnaround in Play

Kraft Heinz Stock Jumps After Q1 Sales Beat Puts CEO’s $600 Million Turnaround in Play

Kraft Heinz reported first-quarter net sales of $6.05 billion, beating analysts’ estimates and sending shares up 3.6% in early trading. Organic net sales fell 0.4% as higher prices failed to offset lower volumes. The company maintained its 2026 outlook despite inflation and an expected hit from reduced SNAP benefits. CEO Steve Cahillane said pausing a planned split freed funds for brand investment.
6 May 2026
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Stock Market Today

  • NuScale Power (SMR) Shares Surge 13.5% on New Contract, Market Optimism
    June 22, 2026, 3:38 AM EDT. NuScale Power Corporation (SMR) shares jumped 13.5% to $11.74 after announcing a new contract with Paragon to finalize its Highly Integrated Protection System (HIPS) design. The contract underscores progress in NuScale's commercialization of small modular reactor technology amid positive investor sentiment for nuclear power, driven by rising electricity demand from AI data centers and the need for carbon-free baseload power. Despite expected quarterly losses of $0.13 per share and declining revenues, unchanged earnings estimates suggest limited momentum without upward revisions. NuScale holds a Zacks Rank #3 (Hold). The move contrasts with a 0.5% loss over four weeks, highlighting potential strength if momentum continues.

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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