Wendy’s volume exceeds shares in meme move, adding pressure to turnaround numbers
Wendy’s Co. was among the top-traded U.S. restaurant stocks Wednesday, but investors focused less on the 25% jump and more on the churn in the name.
Absci rises on Phase 1 ABS-201 update and $100 million raise
Absci Corporation shares rose Wednesday. The AI drug maker showed early safety data for ABS-201, its candidate antibody for pattern hair loss, and set a $100 million stock offering to pay for further trials.
Netflix slides as deal concerns weigh on ad, gaming moves
Netflix shares were down about 0.5% at $72.45 in afternoon trading Wednesday in New York. The stock remains near its 52-week low. Over the last year, shares have dropped around 43%, according to MarketWatch.
Hertz warns on Q2 earnings, stock drops as used-car slump weighs
Hertz Global Holdings shares dropped almost 28% by midday Wednesday on Nasdaq. The rental-car company said second-quarter core profit will hit the low end of its outlook after losses from selling used cars.
Micron stock steadies ahead of earnings as AI memory run faces pressure
Micron Technology shares slipped early Wednesday as investors looked ahead to the memory-chip company’s fiscal Q3 earnings, a release many see as a gauge for the AI trade after recent pressure on chip names. Micron was down 0.33% at $1,048.34 as of 9:56 a.m. EDT, trading between $1,032 and $1,083.32 so far, according to MarketWatch.
Tencent stock up as firm tests WeCom AI tool, files share buyback
Tencent Holdings Limited closed up 3.38% at HK$428.80 in Hong Kong trading on Wednesday. That move outpaced the Hang Seng Index, which rose 0.33%. Tencent shares had climbed as much as 6% earlier in the session, the biggest one-day jump in about three weeks, The Edge Singapore reported, citing Bloomberg.
Keel Infrastructure gains before the bell as Citizens initiates on AI power pipeline
Keel Infrastructure Corp traded higher ahead of the U.S. session Wednesday. Citizens started coverage on the company, which used to be known as Bitfarms, assigning a Market Outperform rating. The note cited Keel's planned move from bitcoin mining to AI-focused power and data center assets.
NatWest share price holds rally as UK rate bets top bank’s 2026 case
NatWest Group shares were little changed on Wednesday but had kept about three-quarters of Monday’s 3.95% jump. At 1302 BST in open London trade, the stock was down 0.09% at 656.6 pence after touching 661.4 pence. It remained about 2.9% above Friday’s close.
Backblaze rally leaves CoreWeave deal below stated price
Backblaze shares looked on track to rise for a second straight session Wednesday after news of a CoreWeave contract gave fresh attention to the smaller cloud firm's AI link. The stock, which trades on Nasdaq, remained in premarket ahead of the 9:30 a.m. EDT open. June 24 does not appear on the Nasdaq holiday calendar.
FedEx shares fall as 2026 outlook rests on pricing, Freight move
FedEx shares fell in early trading Wednesday. The company’s first outlook after major cost cuts showed profit expectations built more on rates than on volume, despite beating estimates for the latest quarter.
Segro move leaves UK stocks steady; 20% of property index up for grabs
FTSE 100 was steady near 10,430 late Wednesday morning, with the FTSE 250 up just 0.03% at 22,934. Landlords traded higher—FTSE 350 REIT index surged 6%. Segro led with a 16% jump, Tritax Big Box and Harworth both up 5.6%.
SoFi stock: AI trading deal tests whether members can lift fee revenue
SoFi Technologies’ new AI investing platform gives investors a cleaner test than the deal headline: can the fintech turn more of its 14.7 million members into investing customers and fee generators?
American Airlines stock trails rivals with earnings in focus as fuel prices fall
American Airlines Group shares traded at $16.14 before the open in New York on Wednesday. Nasdaq is set to start the regular session at 9:30 a.m. EDT. June 24 is listed as a normal trading day for Nasdaq, with the next U.S. market holiday set for July 3, Independence Day observed.
Blue Owl (NYSE:OWL) trades near year low after new credit fund filing
Blue Owl Capital Inc. shares tumbled Tuesday, dragging the alternative asset manager close to its 52-week lows. A new filing from one of the company’s big managed credit funds hit as investors sifted through updated portfolio numbers in the middle of the market slump.
Qualcomm (NASDAQ:QCOM) slides, $19 billion lost as AI deal rumors lift investor-day expectations
Qualcomm shares dropped 8.01% to end at $204.13 on Tuesday, erasing about $19 billion in market value. The selloff is almost five times the $4 billion reported price tag for AI startup Modular, a deal still not finalized.
TSMC Drops 6%—Key Investor Trend Can’t Be Missed
TSMC’s U.S. shares dropped almost 6% to $439.78 late Tuesday. Investors also slashed the premium for the shares in New York versus Taipei, closing the gap between the two listings.
Why Quantinuum Stock Is Surging After Trump’s Quantum Orders
Quantinuum Inc. shares jumped in afternoon trading on Tuesday as investors bought into quantum-computing names after Washington set a 2028 target for a powerful research-grade quantum computer and the newly public company added a fresh enterprise-computing tie-up.
Couche-Tard Jumps as Fuel Margins Drive Earnings Beat
Alimentation Couche-Tard Inc. shares surged Tuesday as the Circle K owner delivered a strong fourth quarter, with results boosted by wide fuel margins in a volatile oil market.
Infleqtion (NYSE:INFQ) up in premarket as quantum returns to focus
Infleqtion climbed again in U.S. trading Tuesday, adding to Monday’s move. The stock got a bump after the White House said it would push federal work on quantum tech. The company also kicked off a quantum-space project with aerospace and university groups.
Intel’s $700 Billion Surge Pauses on Premarket Drop
Intel shares slid in early U.S. premarket hours Tuesday after a run that lifted the company past $700 billion in market cap on Monday. The stock ended Monday at $140.94, up 5.19%, but premarket quotes ranged from $129.10 to $129.51, off about 8%.