Today: 23 June 2026

Shan Ahmed Khan

Shan Ahmed Khan is a senior markets reporter at TS2.tech, specializing in stocks, technology and macroeconomic trends. A graduate of the Lahore University of Management Sciences (LUMS), he previously worked in investment research and market analysis. His coverage helps readers understand the key developments influencing global financial markets and emerging industries.

Rolls-Royce stock price in focus as £1.5bn buyback report swirls ahead of results

Rolls-Royce stock price in focus as £1.5bn buyback report swirls ahead of results

Rolls-Royce shares closed at 1,333p on Monday, down 0.22%, after reports the company may announce a share buyback of up to £1.5 billion with its annual results this week. The company has repurchased nearly 16 million shares under an existing £200 million programme. Separately, Rolls-Royce is seeking UK government support for its £3 billion UltraFan engine project, according to the Financial Times.
24 February 2026
Rio Tinto share price in focus as Goldman cuts rating and copper takes the wheel

Rio Tinto share price in focus as Goldman cuts rating and copper takes the wheel

Rio Tinto shares closed up 0.6% at 7,162 pence Monday after Goldman Sachs downgraded the stock to neutral and cut its price target to 74 pounds. The move follows Rio’s warning of higher Pilbara iron ore costs and comes ahead of the March 5 ex-dividend date. Copper prices remain strong, while iron ore faces pressure from weaker Chinese demand. Ben Wyatt, a company executive, bought 100 shares on Feb. 23.
24 February 2026
ARB share price dives 13% after profit slides; ASX:ARB outlook and April dividend in focus

ARB share price dives 13% after profit slides; ASX:ARB outlook and April dividend in focus

ARB shares dropped 13.1% to A$21.36 after first-half profit before tax fell 18.8% to A$57.1 million and revenue slipped 1% to A$358 million. The company blamed weaker sales margins on currency and factory cost pressures. Interim dividend was held at 34 cents a share, with a record date of April 2. ARB reported cash of A$59.4 million and no debt at December 31.
24 February 2026
Wesfarmers share price drops on ex-dividend day — what investors watch next

Wesfarmers share price drops on ex-dividend day — what investors watch next

Wesfarmers shares fell 1.8% to A$81.09 on Tuesday, extending a week-long slide as the stock traded ex-dividend for its A$1.02 interim payout. The record date for the fully franked dividend is Wednesday. The S&P/ASX 200 closed down 0.04%, with consumer discretionary stocks weaker. Wesfarmers has faced pressure since reporting higher profit but warning on costs last week.
PLS Group share price jumps 8% as China lithium futures pop, restart plan back in focus

PLS Group share price jumps 8% as China lithium futures pop, restart plan back in focus

PLS Group closed up 8% at A$4.72, leading gains among ASX lithium stocks after China’s lithium carbonate futures rose 7.2% post-Lunar New Year. Morgan Stanley disclosed it no longer holds a substantial stake in PLS, falling below the 5% threshold. The S&P/ASX 200 finished nearly flat. PLS cited a planned July restart of its Ngungaju plant and a new offtake deal in a recent presentation.
24 February 2026
CSL share price slips again as buyback rolls on, March dividend date looms

CSL share price slips again as buyback rolls on, March dividend date looms

CSL Ltd shares closed down 1.5% at A$145.13 on Tuesday, extending a two-day slide to 5.3%. The company bought back 83,760 shares Monday for A$12.46 million, part of an ongoing US$750 million program. Interim CEO Gordon Naylor is leading after an 81% first-half profit drop and management changes. CSL’s interim dividend of US$1.30 a share goes ex-dividend March 10.
24 February 2026
BHP share price ends near $55 as dividend dates loom and China iron ore talks drag on

BHP share price ends near $55 as dividend dates loom and China iron ore talks drag on

BHP shares closed up 1.4% at A$54.75 in Sydney, near a 52-week high, valuing the miner at about A$278 billion. The stock will trade ex-dividend on March 5, with a $0.73 per share payout due March 26. No new company filings were released this week. Iron ore price talks with China remain unresolved, with CEO Mike Henry saying negotiations are wider than usual.
Infleqtion (INFQ) stock sinks in early trade as tariff jitters bite — what to watch next

Infleqtion (INFQ) stock sinks in early trade as tariff jitters bite — what to watch next

Infleqtion shares dropped about 10% to $11.95 Monday morning, falling below their opening price amid broader market declines tied to new U.S. tariff uncertainty. The quantum technology firm, which debuted last week after merging with Churchill Capital Corp X, saw about 686,000 shares traded by mid-morning. Investors await the company’s March 11 Analyst Day for more detailed guidance.
23 February 2026
Herc Holdings stock slides as tariff turmoil dents appetite for industrials

Herc Holdings stock slides as tariff turmoil dents appetite for industrials

Herc Holdings Inc shares dropped 2.3% to $150.00 in early New York trading Monday after President Donald Trump announced a new 15% tariff following a Supreme Court ruling. United Rentals and WillScot Mobile Mini also declined. Herc last week reported Q4 rental revenue up 24% to $1.039 billion and net debt of $8.1 billion. The company forecast 2026 rental revenue of $4.275–$4.4 billion.
Freedom Holding (FRHC) stock price slips in early New York trade after wild rebound

Freedom Holding (FRHC) stock price slips in early New York trade after wild rebound

Freedom Holding Corp shares slipped 1.1% to $118.36 in early Nasdaq trade Monday, retracing part of Friday’s 6.8% surge. The stock remains volatile after last week’s 52-week low, as investors weigh a quarterly report showing a 40% drop in insurance premiums to $106.9 million and net income of $76.2 million. Brokerage customers rose to 828,000, banking customers to 4.5 million.
23 February 2026
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Stock Market Today

  • Qualcomm Stock Hits 48% Year Gain, Analysts Question Valuation
    June 22, 2026, 11:46 PM EDT. Qualcomm (QCOM) stock closed at $221.90, up 28.3% year-to-date and 48% over the past year. Despite strong returns, its Discounted Cash Flow (DCF) analysis suggests the stock is overvalued by about 45.8%, with an intrinsic value estimate of $152.23 per share versus current price. The semiconductor company's recent gains come amid heightened demand discussions for chips and wireless tech. The P/E ratio and other valuation metrics are being scrutinized as investors debate whether current prices fully reflect future earnings potential. Qualcomm's 3-year and 5-year returns exceed 76%, but the valuation score stands at 3 out of 6, highlighting mixed signals on price justification amid market volatility.

Latest articles

Amazon Stock Just Got Hit Before Prime Day — AI Spending Fears Are Back

Amazon Stock Just Got Hit Before Prime Day — AI Spending Fears Are Back

23 June 2026
Amazon shares plunged 4.75% to $232.79 as investors questioned whether the company’s massive AI and cloud spending will pay off quickly enough, just ahead of Prime Day—a key test of U.S. consumer demand—with Bank of America projecting $21.6 billion in sales for the event and analysts warning that profit quality could disappoint if shoppers focus on lower-margin essentials.
Keel Shares Hit Record—What’s Next for the Stock

Keel Shares Hit Record—What’s Next for the Stock

23 June 2026
Keel Infrastructure Corp. surged 5.9% to a 52-week high as investors bet its power sites can be converted to AI data-center leases, with shares ending at $6.66 on heavy volume; the stock’s rally now hinges on permits, construction, and landing customer contracts, while upcoming Russell 3000 index inclusion and recent $458 million convertible note financing add both opportunity and dilution risk.
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