Today: 17 June 2026

Philip Morris stock ticks up on Swedish Match plan filing as U.S. market softens

Philip Morris stock ticks up on Swedish Match plan filing as U.S. market softens

Philip Morris International shares rose 0.3% to $161.52 midday Monday after the company filed to register 500,000 shares for a Swedish Match North America employee profit-sharing plan. The filing, made on Form S-8, does not raise cash and relates to a program assumed in the 2022 Swedish Match acquisition. Other tobacco stocks were mixed. The broader market traded lower, with the S&P 500 ETF down 0.5%.
Western Digital stock slips as investors digest its 303% 2025 rally

Western Digital stock slips as investors digest its 303% 2025 rally

Western Digital shares fell 1.0% to $179.68 Monday, underperforming the broader market as about 1.9 million shares traded. The stock remains up 303% for 2025, making it the S&P 500’s top performer, amid surging demand for high-capacity hard drives in data centers. Seagate dropped 1.0%, while Micron rose 1.7%. Investors await updates on nearline drive pricing and volumes ahead of Western Digital’s next earnings report.
29 December 2025
Lumentum stock tumbles as year-end tech pullback hits AI optics names

Lumentum stock tumbles as year-end tech pullback hits AI optics names

Lumentum Holdings shares fell 4.1% to $374.87 by midday Monday, outpacing declines in tech benchmarks and optical peers. The stock swung between $390 and $364.50, retreating from last week’s 52-week high. Coherent and Ciena also dropped, but by less than Lumentum. Investors trimmed exposure to AI-linked names ahead of the New Year, with trading volumes thin and markets watching Fed minutes and jobless claims.
Rigetti stock slips as quantum trade cools into year-end — what investors watch next

Rigetti stock slips as quantum trade cools into year-end — what investors watch next

Rigetti Computing shares fell 2.1% to $21.92 in midday New York trading Monday amid continued volatility in quantum-computing stocks. The drop followed a sector pullback blamed on profit-taking and thin holiday volumes, Investors.com reported. Rigetti’s next earnings report is expected in early March. The stock remains up about 46% for 2025 but trades more than 40% below its yearly high.
GE Vernova stock slips as jet-engine turbine demand for AI data centers stays in focus

GE Vernova stock slips as jet-engine turbine demand for AI data centers stays in focus

GE Vernova shares slipped 0.2% to $662.11 midday Monday, outperforming a broader decline in industrials. A Financial Times report said data centers are buying aircraft-derived gas turbines from GE Vernova to speed up power access, with orders up about a third this year. Investors await the company’s next earnings update, expected Jan. 28. The stock traded between $651.77 and $670.99.
New expressway makes Ahmedabad-to-Salangpur Hanuman temple trip faster — even before official opening

New expressway makes Ahmedabad-to-Salangpur Hanuman temple trip faster — even before official opening

Motorists in Gujarat are using the new Ahmedabad–Dholera expressway before its official opening, local media reported. The route has reduced travel time from Ahmedabad to the Salangpur Hanumanji temple to about two hours. The 108-km corridor links Sardar Patel Ring Road to Adhelai village, passing through the Dholera Smart City area. Some approach roads remain narrow and potholed, according to reports.
29 December 2025
WBD stock hovers near takeover price as Jan. 21 tender deadline nears

WBD stock hovers near takeover price as Jan. 21 tender deadline nears

Warner Bros Discovery shares rose 0.2% to $28.86 midday Monday, trading near levels implied by rival takeover bids. Paramount’s $30-per-share cash offer, backed by a $40.4 billion guarantee from Larry Ellison, faces a Jan. 21 deadline. Warner’s board has not changed its recommendation favoring a Netflix merger. The stock traded between $28.71 and $29.10 during the session.
Tesco to hand out 3 million free apples as it tees up 2026 produce discounts

Tesco to hand out 3 million free apples as it tees up 2026 produce discounts

Tesco will give away more than 3 million free apples to children in over 800 UK stores from Dec. 30 to Jan. 13. Selected shoppers will receive extra Clubcard points and member-only discounts on produce starting Jan. 12. The retailer cited government data showing fewer than one in five people meet fruit and vegetable intake targets.
29 December 2025
Intuit’s TurboTax and QuickBooks move toward USDC stablecoin payments in Circle deal

Intuit’s TurboTax and QuickBooks move toward USDC stablecoin payments in Circle deal

Intuit has signed a multi-year deal with Circle to integrate USDC stablecoin infrastructure into TurboTax, QuickBooks, and Credit Karma, aiming for faster, lower-cost payments and refunds. The company says stablecoins will enable round-the-clock, programmable transactions. Intuit is also expanding into enterprise software with an AI-native ERP platform and a partnership with advisory firm Rehmann.

Stock Market Today

  • Nairobi Securities Exchange Updates Equity Futures Margins and Launches Options on Single Stock Futures
    June 17, 2026, 2:50 AM EDT. The Nairobi Securities Exchange (NSE) announces revised initial margin requirements for equity futures, effective Friday, June 19, 2026, impacting five of six key counters including Co-operative Bank of Kenya, which sees the largest single stock margin increase. Safaricom and KCB Group margins are reduced. Separately, NSE NEXT will launch options on single stock futures for six companies including Safaricom and KCB. These options use the Black-76 model, settle in cash through NSE Clear, and feature quarterly expiries. Market fees total 0.085% of notional value. Existing futures holders for September 2026, December 2026, and March 2027 must adjust margins in line with the new requirements before the changes take effect.

Latest articles

Dow Closes at Record in After-Hours as S&P 500, Nasdaq Dip on Tech Slide

Dow Closes at Record in After-Hours as S&P 500, Nasdaq Dip on Tech Slide

17 June 2026
Dow hits second straight record close at 51,999.67 while S&P 500 and Nasdaq drop as tech stocks slide; Philadelphia semiconductor index plunges 5.7% and after-hours trading sees only slight gains for major index-tracking funds, as investors brace for Wednesday’s Fed decision and monitor inflation risks amid falling oil prices and a possible U.S.-Iran deal.
GD Culture shares drop on heavy trading and ongoing buyout uncertainty

GD Culture shares drop on heavy trading and ongoing buyout uncertainty

17 June 2026
GD Culture Group plunged 73.3% to $0.028 after heavy trading, putting fresh pressure on its unresolved, non-binding $10.75-per-share buyout proposal; risks include deal uncertainty, a $300 million share-sale program, and bitcoin-driven balance sheet swings, with no new company updates released Tuesday.
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