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.

Accenture drops on Morgan Stanley downgrade tied to AI spending

Accenture drops on Morgan Stanley downgrade tied to AI spending

Morgan Stanley downgraded Accenture to Equal Weight and slashed its price target to $177 from $240, citing weaker-than-expected IT services budget growth and AI spending pressure; Accenture shares recently traded near $169, down about 0.8%, after falling 43.9% over the past year as investors await clarity on AI-driven demand ahead of the June 18 earnings call.
15 June 2026
Brands Shift to Riskier Influencer Tactics

Brands Shift to Riskier Influencer Tactics

Meghan Markle’s As Ever brand faces a potential $5 million profit hit from unsold jam inventory after a rapid production ramp-up, with Page Six citing a website glitch showing about 650,190 unsold units and U.S. site traffic dropping from 180,000 in December to 61,500 in April, highlighting the risks of misreading demand in creator-led commerce.
15 June 2026
Evergy and Entergy Stocks Rise as Data-Center Power Demand Fuels Utility Valuations

Evergy and Entergy Stocks Rise as Data-Center Power Demand Fuels Utility Valuations

Evergy closed within 1.67% of its 52-week high after Seeking Alpha said its data-center-driven growth is “already priced in,” rating the stock Hold due to execution, financing, and regulatory risks, while Entergy unveiled a $67 billion capital plan and projected 9% retail sales growth tied to data-center agreements and customer savings.
3 Dividend Stocks for the Long Haul in 2026

3 Dividend Stocks for the Long Haul in 2026

Johnson & Johnson, Coca-Cola, and Procter & Gamble closed higher Friday as defensive dividend stocks joined the market rally, but with P/E ratios near 27.9, 26.0, and 21.9, their shares look fairly valued, not cheap, with upcoming earnings calls as key catalysts amid risks from litigation, input costs, and tariffs.
SpaceX IPO Rattles Satellite Stocks; Rocket Lab, AST SpaceMobile Fall

SpaceX IPO Rattles Satellite Stocks; Rocket Lab, AST SpaceMobile Fall

SpaceX’s IPO at $135 a share surged 19% to $160.95, setting a new public benchmark for space stocks and triggering a sharp sector-wide selloff; Rocket Lab fell 10.8% despite upcoming Nasdaq-100 inclusion, AST SpaceMobile dropped 15.5% ahead of its June 17 satellite launch, while Planet Labs’ record revenue failed to offset broad profit-taking as investors rotated capital into SpaceX.
Dow closes up as Iran deal hopes and lower oil prices draw focus

Dow closes up as Iran deal hopes and lower oil prices draw focus

The Dow Jones surged 353.42 points to 51,208.20 Friday, fueled by U.S.-Iran peace-deal hopes, falling oil prices, and SpaceX’s market debut, but with the index near its 52-week high and inflation still a major risk, investors are eyeing next week’s Fed decision for signals on rates and future market direction.
AI Names Drop, Oil Upends Inflation Bets, US Stocks Slip

S&P 500 Ends Up as Oil Drops, SpaceX IPO Catches Wall Street’s Eye

SpaceX soared 28% to $172 in its Nasdaq debut after pricing at $135, pushing its market value above $2.25 trillion and dominating trading as investors rotated out of smaller space stocks; the S&P 500, Dow, and Nasdaq all closed higher, buoyed by falling oil prices and hopes for a U.S.-Iran deal, while analysts flagged elevated valuations and upcoming Fed policy as key risks.

Stock Market Today

  • Dominion Energy Stock Set for Growth with $93 Target Amid $67 Billion NextEra Merger
    June 22, 2026, 6:21 PM EDT. Dominion Energy (Ticker: D), the largest utility serving data centers globally, is trading near $68, below the $76 implied per-share value in NextEra Energy's $67 billion all-stock deal announced in May 2026. The merger, pending regulatory approval and expected to close within 12 to 18 months, would create the U.S.'s third-largest energy company valued at $420 billion. Dominion's Virginia service territory includes 'Data Center Alley,' hosting major clients like Amazon and Microsoft. Recent strong Q1 2026 earnings with $5.02 billion revenue and $0.95 adjusted EPS surpass estimates. Analysts show mixed sentiment but TIKR forecasts a $93 target by December 2030, reflecting long-term growth potential amid infrastructure expansion demands highlighted by NextEra's CEO.

Latest articles

Tesla Stock Holds Up as Nasdaq Drops. The Reason Remains Unclear

Tesla Stock Holds Up as Nasdaq Drops. The Reason Remains Unclear

23 June 2026
Tesla jumped 1.14% to $405.05 Monday, defying a falling Nasdaq as investors bet on its robotaxi rollout and AI strategy, even as Jefferies raised its price target to $375, still below current levels, and a new federal probe opened into a fatal Model 3 crash allegedly involving driver assistance software.
Marvell Added to S&P 500 but Shares Fall

Marvell Added to S&P 500 but Shares Fall

23 June 2026
Marvell fell 0.9% to $307.86 in its S&P 500 debut despite a 262% year-to-date surge fueled by AI infrastructure demand, as investors weighed index-fund buying against a lofty valuation and crowded chip trade; after-hours trading saw shares lower at $305.94, with volume topping averages, while analyst targets remain below current prices.
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