Today: 19 June 2026

Applied Digital’s AI Stock Just Hit a Wall After Its $7.5 Billion Win

Applied Digital’s AI Stock Just Hit a Wall After Its $7.5 Billion Win

Applied Digital shares fell about 10% to $38.30 in midday trading Monday, retreating from an earlier high of $42.75 as investors took profits and re-evaluated risk in AI-infrastructure stocks. The drop followed a recent rally driven by a $7.5 billion, 15-year lease with a major U.S. cloud customer and the spin-off of its ChronoScale unit. Broader market declines and rising Treasury yields also weighed on the stock.
Broadcom’s $2T AI Surge Heads for June Test

Broadcom’s $2T AI Surge Heads for June Test

UBS raised its Broadcom price target to $490 from $475 ahead of the chipmaker’s June 3 earnings report. Broadcom shares fell 1.6% to $418.45 midday Monday, valuing the company at about $2.03 trillion. Wall Street is watching whether custom AI chip demand can support the stock’s rally. Broadcom expects $22 billion in second-quarter revenue, including $10.7 billion from AI semiconductors.
Apellis Stock Delisted From Nasdaq, Focus Turns to $4 Payout

Apellis Stock Delisted From Nasdaq, Focus Turns to $4 Payout

National Australia Bank shares closed down 0.55% at A$36.32 on Monday as the S&P/ASX 200 hit a seven-week low. NAB has dropped in four of the past five sessions, following a weaker-than-expected first-half profit and a A$706 million credit impairment charge. Broader market losses were driven by inflation fears and weak global equities. Investors remain cautious after recent sharp declines in major Australian banks.
Ondas Shares Drop Following $199 Million AI Defense Deal, Traders Eye Next Steps

Ondas Shares Drop Following $199 Million AI Defense Deal, Traders Eye Next Steps

Ondas Inc. shares dropped about 10% to $9.555 in midday Nasdaq trading Monday after announcing a $199 million all-stock acquisition of Israeli defense software firm Omnisys and filing for potential resale of over 2.2 million shares tied to a previous deal. Trading volume topped 48 million shares. The Omnisys deal is expected to close in Q2, pending approvals and retention of key staff.
POET Gets $400M Infusion But Shares Drop

POET Gets $400M Infusion But Shares Drop

POET Technologies closed a US$400 million direct investment with MMCAP International, issuing 19 million shares and warrants at $21 each. Shares fell 14.2% to $13.70 in heavy Nasdaq trading after opening higher. The funding follows a $50 million Lumilens order and a first-quarter net loss of $12.3 million. TSX Venture shares did not trade due to a Canadian holiday.
18 May 2026
Nasdaq 100 Falls Below 29,000 as Wall Street Eyes Market Moves

Nasdaq 100 Falls Below 29,000 as Wall Street Eyes Market Moves

The Nasdaq-100 dropped below 29,000 on Monday, closing at 28,880.80, down 0.84%. Technical analysts flagged 29,000 as key support, with chip stocks and AI shares central to the recent rally. The 10-year Treasury yield eased to 4.573%, while Brent crude fell nearly 2%. Nvidia’s earnings on Wednesday are now in focus as traders gauge the market’s next move.
18 May 2026
TSMC’s $1.5 Trillion AI Chip Move Pressures Samsung, Intel

TSMC’s $1.5 Trillion AI Chip Move Pressures Samsung, Intel

Taiwan Semiconductor Manufacturing Co. raised its 2030 global semiconductor market forecast to over $1.5 trillion, citing surging AI demand. TSMC said AI and high-performance computing will make up 55% of the market by 2030 and projected AI accelerator wafer demand to rise 11-fold from 2022 to 2026. The company reported a first-quarter gross margin of 66% and plans to launch five new fabs this year.
Dow Jones Turns Higher as Yields Ease — But One Bond-Market Warning Is Still There

Dow Jones Turns Higher as Yields Ease — But One Bond-Market Warning Is Still There

The Dow Jones rose 110.87 points to 49,637.04 on Monday, while the S&P 500 and Nasdaq slipped. U.S. 10-year Treasury yields eased to 4.57% after touching a 15-month high. Brent crude traded near $110 following overnight volatility linked to supply fears and comments from President Trump. Dominion Energy shares jumped after NextEra agreed to buy it in a $66.8 billion all-stock deal.
18 May 2026
Dow edges up while Nasdaq falls as bond worries drag on

Dow edges up while Nasdaq falls as bond worries drag on

The Dow rose 0.22% to 49,637.04 late Monday morning, while the S&P 500 slipped 0.15% and the Nasdaq fell 0.44%. The 10-year Treasury yield dropped to 4.573% after hitting its highest since February 2025. Dominion Energy shares jumped after NextEra agreed to buy it for about $66.8 billion. Regeneron fell as a melanoma drug trial missed its main goal.
Intel Shares Edge Up as AI Chip Trade Runs Into Hurdles

Intel Shares Edge Up as AI Chip Trade Runs Into Hurdles

Intel shares rose 0.3% to $109.10 in early New York trading Monday after last week’s selloff, as analysts raised price targets and President Trump commented on the U.S. government’s 10% stake, now valued above $50 billion. First-quarter revenue climbed 7% to $13.6 billion, with Data Center and AI sales up 22%. The iShares Semiconductor ETF fell 0.9%. Intel’s server CPU market share dropped to 54.9% in Q1, according to UBS.
Vanguard’s VTI pulls in $852 million even as shares fall for the week

Vanguard’s VTI pulls in $852 million even as shares fall for the week

Vanguard Total Stock Market ETF (VTI) saw $852.57 million in net inflows over five days, despite a 0.24% weekly decline. The fund traded at $363.71 Monday, up $0.97, as investors favored exposure to major tech stocks like Nvidia, Apple, and Microsoft. The S&P 500 and Nasdaq opened higher, while the Dow slipped. Global equity funds drew $39.15 billion in weekly inflows, with technology funds hitting a record.
Iran Oil Shock Whipsaws Wall Street As One Deal Hint Moves Stocks, Bonds And Gas

Iran Oil Shock Whipsaws Wall Street As One Deal Hint Moves Stocks, Bonds And Gas

Oil prices fell Monday after reports the U.S. may offer Iran a temporary sanctions waiver, easing earlier market panic over the closed Strait of Hormuz. Brent crude dropped below $108, while U.S. gasoline averaged $4.515 a gallon, up sharply from a year ago. The 10-year Treasury yield hit 4.631%, and S&P 500 futures rose 0.2% by morning in New York. A drone strike caused a fire at the UAE’s Barakah nuclear plant, with no injuries reported.
18 May 2026
Google faces AI test after BofA’s $430 price target

Google faces AI test after BofA’s $430 price target

Alphabet shares rose over 1% Monday, valuing the company near $4.9 trillion ahead of Tuesday’s Google I/O developer conference in Mountain View. Bank of America and other analysts kept Buy ratings, citing strong AI and cloud growth, but warned that high expectations and lack of major AI announcements could pressure the stock. Google I/O will focus on Search, Android, Gemini, and smart glasses.
Quince Therapeutics Stock Faces Nasdaq Pressure After Fresh QNCX Filing

Quince Therapeutics Stock Faces Nasdaq Pressure After Fresh QNCX Filing

Quince Therapeutics was last quoted at $1.15 before Monday’s Nasdaq open after Nantahala Capital Management disclosed 7.52% beneficial ownership. The company’s latest filing reported no current product candidates and raised substantial doubt about its ability to continue as a going concern. Quince is seeking shareholder approval for another reverse stock split at its June 11 meeting. The company remains out of compliance with Nasdaq’s $50 million market value rule.
18 May 2026
Macy’s Gains Pre-Market as Berkshire Buys In — What’s Ahead for Traders

Macy’s Gains Pre-Market as Berkshire Buys In — What’s Ahead for Traders

Macy’s shares rose in premarket trading after Berkshire Hathaway disclosed a new stake of 3.04 million shares, valued at about $55 million as of March 31. The stock closed Friday at $18.41 and last traded at $18.99 premarket with 128,170 shares exchanged. Macy’s will report first-quarter results on June 3. Tariffs, fuel costs, and weak discretionary spending remain risks for the retailer.

Stock Market Today

  • Ferrari Stock Appears 15% Undervalued Amid Expansion Plans, Faces Valuation Risks
    June 19, 2026, 5:51 PM EDT. Ferrari (NYSE:RACE) stock has gained 2.22% in a day, trading at $362.13, with a 9.85% return over 30 days but a 20.45% decline over one year. Analysts estimate a 15% undervaluation based on a $426.11 fair value tied to the company's expansion in infrastructure and new product offerings aimed at enhancing personalization and operational efficiency. Despite strong multi-year returns, the current price-to-earnings ratio of 34.5x is significantly higher than global auto peers, indicating potential valuation risk. Investors weigh growth prospects against risks of brand dilution and margin pressures as Ferrari's narrative shifts amid market reevaluation.

Latest articles

Royal Bank of Canada stock slips as OSFI frees capital for big banks

Royal Bank of Canada stock slips as OSFI frees capital for big banks

19 June 2026
Royal Bank of Canada shares fell 0.36% to C$284.08 after Canada’s banking regulator slashed the Domestic Stability Buffer to 3.0% from 3.5%, freeing up capital for lending but not immediately boosting earnings, as investors weighed sector-wide flexibility against ongoing economic risks.
Bombardier shares climb with Global 8000 orders, tax breaks in view

Bombardier shares climb with Global 8000 orders, tax breaks in view

19 June 2026
Bombardier Class B shares jumped 4.41% to C$314.87, near a 52-week high, as investors bet on the company’s cash-flow rebound and Global 8000 jet momentum, even as Canada’s rollback of the luxury tax and Dassault’s Falcon 10X first flight sharpen competitive and policy risks, leaving the stock trading just above the average analyst target.
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