Today: 19 June 2026

Dow, S&P 500 snap losing streak as chip and AI stocks kick off 2026 with a rally

Dow, S&P 500 snap losing streak as chip and AI stocks kick off 2026 with a rally

The Dow rose 0.7% and the S&P 500 gained 0.2% on the first trading day of 2026, led by a 4% jump in semiconductor stocks. The Nasdaq slipped, dragged by declines in Tesla after weak delivery data and losses in big tech. Baidu surged 15% after its AI chip unit filed for a Hong Kong listing. President Trump delayed tariff hikes on some furniture and cabinets for a year.
Credo stock slips as chip ETFs jump; Form 144 filing draws focus

Credo stock slips as chip ETFs jump; Form 144 filing draws focus

Credo Technology shares fell 0.47% to $143.22 Friday, underperforming semiconductor peers as the iShares Semiconductor ETF rose 4.2%. A Form 144 filing dated Jan. 2 appeared on the company’s investor site, signaling possible insider sales. About 5.8 million shares traded in a range between $141 and $152. Investors await next week’s U.S. payrolls report and Credo’s next earnings in early March.
NextEra Energy stock rises after NEE reaffirms earnings, dividend targets ahead of January investor meetings

NextEra Energy stock rises after NEE reaffirms earnings, dividend targets ahead of January investor meetings

NextEra Energy shares rose 0.8% to $80.93 Friday after the company reaffirmed its long-term profit and dividend growth targets in an SEC filing. The utility maintained its 2025 and 2026 adjusted EPS outlooks and expects at least 8% annual EPS growth through 2035. Utilities outperformed broader U.S. stocks as investors shifted toward value on the first trading day of 2026.
Occidental Petroleum stock ends up 3% after $9.7B OxyChem sale to Berkshire closes — what investors watch next

Occidental Petroleum stock ends up 3% after $9.7B OxyChem sale to Berkshire closes — what investors watch next

Occidental Petroleum shares rose 3.1% to $42.38 after closing the $9.7 billion sale of its OxyChem unit to Berkshire Hathaway. The company said it will use $6.5 billion from the deal to redeem debt, according to an SEC filing. Net after-tax proceeds are estimated at $7.75 billion. Oil prices slipped, with Brent settling at $60.75 a barrel.
Shell stock jumps to start 2026 as buyback update lands ahead of OPEC+ meeting

Shell stock jumps to start 2026 as buyback update lands ahead of OPEC+ meeting

Shell’s U.S.-listed shares rose 2.7% to $75.44 on Friday after the company disclosed new share repurchases for cancellation. Shell bought back about 1.48 million shares on Jan. 2 as part of a $3.5 billion buyback program. Oil futures ended slightly lower ahead of an OPEC+ meeting this weekend. Shell’s next results and dividend announcement are set for Feb. 5.
ConocoPhillips stock jumps 3.3% as oil steadies; Venezuela and OPEC+ headlines are next

ConocoPhillips stock jumps 3.3% as oil steadies; Venezuela and OPEC+ headlines are next

ConocoPhillips shares rose 3.3% to $96.70 Friday, with 7 million shares traded. Oil prices slipped, with Brent settling at $60.75 a barrel and WTI at $57.32. President Trump said U.S. oil firms, including ConocoPhillips and Exxon, are ready to invest billions in Venezuela’s oil sector. OPEC+ meets Sunday, with traders expecting no output increase in the first quarter.
Constellation Energy stock rebounds as 2026 begins; what CEG investors watch next

Constellation Energy stock rebounds as 2026 begins; what CEG investors watch next

Constellation Energy rose 3.7% to $366.25 Friday, ending a four-day slide as utilities led U.S. equities higher on the first trading day of 2026. The stock remains 11% below its October peak. Investors are watching a Jan. 12 debt-exchange deadline tied to Constellation’s Calpine deal and next week’s U.S. labor data. Trading volume was 2.3 million shares, slightly below the 50-day average.

Stock Market Today

  • Kosmos Energy Sells Equatorial Guinea Stake to Panoro Energy for $180 Million
    June 19, 2026, 2:49 PM EDT. Kosmos Energy has sold its 40.375% stake in offshore assets in Equatorial Guinea's Block G to Panoro Energy for $180 million upfront. The assets include the Ceiba field and Okume Complex. Kosmos received $127 million after closing adjustments, with potential additional contingent payments tied to production and oil price targets. The divestment cuts Kosmos' 2026 oil output by nearly 5,800 barrels per day but allows the company to refocus on high-return deepwater assets in Ghana, Mauritania, Senegal, and the Gulf of America. Proceeds will reduce borrowings and remove a $140 million asset retirement obligation, improving Kosmos' balance sheet and financial flexibility. Panoro Energy's stake in Block G rises to 54.625%, reinforcing its position in the region.

Latest articles

Netflix shares dip in shortened week, ad gains and deals in focus

Netflix shares dip in shortened week, ad gains and deals in focus

19 June 2026
Netflix closed at $77.38, down 3.7% for the week and trailing tech peers, as investors weighed a new French partnership and concerns that growth from ads, price hikes, and content deals may already be priced in; the stock’s direction now hinges on whether upcoming earnings on July 16 deliver a positive surprise.
Shopify trades lower in Toronto with Nasdaq shut, focus stays on AI move and buyback

Shopify trades lower in Toronto with Nasdaq shut, focus stays on AI move and buyback

19 June 2026
Shopify’s Toronto shares slipped 1.1% to C$152.06 as investors weighed its $5 billion buyback and new AI tools against concerns over second-quarter growth and cash flow, with U.S. shares idle for Juneteenth after a volatile week marked by a sharp midweek drop and lingering questions about the impact of AI-driven commerce on costs and demand.
Rocket Companies shares gain ahead of holiday pause as mortgage rate bets linger

Rocket Companies shares gain ahead of holiday pause as mortgage rate bets linger

19 June 2026
Rocket Companies surged 9.08% to $14.42 on heavy volume before the Juneteenth market closure, outpacing peers as 30-year mortgage rates dipped to 6.47% and homebuying demand improved. Investors are watching whether Rocket’s integration of Redfin and Mr. Cooper can deliver cost synergies and growth, with Monday’s open set to test if the rally signals lasting confidence or holiday-driven positioning.
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