Today: 20 June 2026

GTA 6 Preorder Rumor Sends Take-Two Stock Higher. The Bigger Test Comes Next Week

GTA 6 Preorder Rumor Sends Take-Two Stock Higher. The Bigger Test Comes Next Week

Take-Two Interactive shares rose 6.5% to $241.68 on Thursday after reports of a leaked Best Buy affiliate campaign fueled speculation that Grand Theft Auto VI pre-orders could begin next week. Neither Take-Two nor Rockstar Games has confirmed a pre-order date. The company is set to report earnings after markets close on May 21. GTA VI is listed for release on Nov. 19, 2026, for PlayStation 5 and Xbox Series X|S.
14 May 2026
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Mobix Labs Stock Jumps After Rare-Earth Deal Puts Defense Supplier in China Supply-Chain Fight

Mobix Labs Stock Jumps After Rare-Earth Deal Puts Defense Supplier in China Supply-Chain Fight

Mobix Labs shares jumped 86% Thursday after announcing a non-binding letter of intent to acquire Special Project Delivery LLC, a private U.S. rare earths and critical minerals platform. The move comes as U.S. rules tighten on defense sourcing and Chinese exports of heavy rare earths remain sharply restricted. No purchase price was disclosed, and Mobix said a deal is not assured. SPD specializes in extracting rare earths from U.S. coal ash.
14 May 2026
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Lumen Stock Surges After $2.4 Billion Debt Move Puts AI Fiber Turnaround in Focus

Lumen Stock Surges After $2.4 Billion Debt Move Puts AI Fiber Turnaround in Focus

Lumen Technologies shares rose 14% Thursday, trading at $10.76 after hitting $11.27, as investors reacted to its debt refinancing and AI-focused network expansion. Level 3 Financing refinanced secured loans, leaving $2.4 billion outstanding under a repriced facility. Lumen also announced a new fiber route between Seattle and Minneapolis, set for completion by end-2026. First-quarter revenue fell to $2.899 billion, with a $200 million net loss.
14 May 2026
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TSMC’s $1.5 Trillion AI Chip Call Puts the World’s Capacity Crunch on Display

TSMC’s $1.5 Trillion AI Chip Call Puts the World’s Capacity Crunch on Display

TSMC raised its 2030 global semiconductor market forecast to over $1.5 trillion, up from $1 trillion, citing surging AI demand. AI and high-performance computing are projected to make up 55% of the market. Nvidia, AMD, and Broadcom have exhausted available TSMC 3-nanometer capacity. TSMC is expanding advanced manufacturing and packaging, with new fabs in Taiwan, the US, and Japan.
14 May 2026
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MARA Holdings Stock Jumps As $1.5 Billion Bitcoin Sale Puts AI Bet In Focus

MARA Holdings Stock Jumps As $1.5 Billion Bitcoin Sale Puts AI Bet In Focus

MARA shares rose 5.8% to $13.49 in midday Nasdaq trading Thursday after the company sold 20,880 bitcoin in Q1, cutting holdings to 35,303 BTC. Quarterly revenue fell 18% to $174.6 million, with net loss widening to $1.26 billion on lower bitcoin prices. MARA plans a $1.5 billion acquisition of Long Ridge Energy & Power to expand into AI and high-performance computing.
14 May 2026
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Broadcom Stock Hits Record Before June 3 Earnings as Wall Street Bets AI Has More Room to Run

Broadcom Stock Hits Record Before June 3 Earnings as Wall Street Bets AI Has More Room to Run

Broadcom shares rose 4.6% to $436.03 midday Thursday, hitting a record after analyst price target hikes and ahead of its June 3 earnings report. The company previously guided for $22 billion in fiscal Q2 revenue, up 47% year-over-year, with AI chip sales driving growth. Market value topped $2.1 trillion. Broadcom’s partnership with OpenAI targets custom AI accelerator deployments starting in late 2026.
14 May 2026
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Tesla’s China Test: Musk’s Self-Driving Push Faces Its Biggest Gatekeeper

Tesla’s China Test: Musk’s Self-Driving Push Faces Its Biggest Gatekeeper

Elon Musk visited Beijing with President Trump’s business delegation as Tesla seeks approval to expand its Full Self-Driving system in China. Tesla shares closed nearly flat at $445.13, with a market value of about $1.57 trillion. Belgium allowed Tesla to test supervised self-driving on one car, but European regulators remain cautious. China accounted for about a fifth of Tesla’s revenue last year.
14 May 2026
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Snap Stock Is Sliding Again: Why Wall Street Is Turning Cautious on SNAP

Snap Stock Is Sliding Again: Why Wall Street Is Turning Cautious on SNAP

Snap Inc. shares dropped 34 cents to $5.27 early Thursday after Freedom Broker downgraded the stock, citing weak advertising growth and ongoing cost pressures. First-quarter revenue rose 12% to $1.53 billion, but ad revenue increased just 3% and the company forecast lower profits for the second quarter. Snap faces competition from Meta, TikTok, and Pinterest as advertisers shift budgets.
14 May 2026
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US Stock Market Live: Why Wall Street Is Hitting Records Even With Inflation Running Hot

US Stock Market Live: Why Wall Street Is Hitting Records Even With Inflation Running Hot

The S&P 500 and Nasdaq hit new intraday highs Thursday, led by gains in Nvidia and Cisco. April retail sales rose 0.5%, while jobless claims increased to 211,000. Cisco shares surged after raising its annual revenue forecast and reporting $5.3 billion in AI infrastructure orders. Rate-cut odds for June remained low, with market pricing near a 97% chance the Fed holds.
14 May 2026
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IREN Stock Rises as $2.6 Billion Debt Deal Tests Its Nvidia AI Ambitions

IREN Stock Rises as $2.6 Billion Debt Deal Tests Its Nvidia AI Ambitions

IREN Limited shares climbed 4.7% to $57.75 in New York after the company priced $2.6 billion in 1.00% convertible senior notes due 2033, up from a $2 billion plan. The offering, expected to close May 14, follows a $3.4 billion AI cloud services contract and a strategic partnership with Nvidia. IREN reported a $247.8 million net loss for the March quarter. JPMorgan raised its price target to $46 but maintained an Underweight rating.
14 May 2026
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Redwire Stock Jumps Again as $498 Million Backlog Puts Defense Growth Back in Play

Redwire Stock Jumps Again as $498 Million Backlog Puts Defense Growth Back in Play

Redwire shares jumped nearly 14% to $13.04 Thursday after reporting first-quarter revenue up 57.9% to $97 million and reaffirming its 2026 sales outlook. The company ended March with a $498.1 million backlog but posted a $76.5 million net loss. Redwire also launched a $350 million at-the-market share program, raising dilution concerns.
14 May 2026
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Apellis Pharmaceuticals Vanishes From Nasdaq as Biogen’s Rare-Disease Bet Takes Over

Apellis Pharmaceuticals Vanishes From Nasdaq as Biogen’s Rare-Disease Bet Takes Over

Biogen closed its $5.3 billion acquisition of Apellis Pharmaceuticals, making Apellis a wholly owned subsidiary and ending its Nasdaq listing. Apellis shareholders receive $41 per share in cash plus a contingent value right tied to Syfovre sales. Biogen gains Syfovre and Empaveli, which generated $689 million in 2025 revenue. Biogen funded the deal with $2 billion in unsecured term loans.
14 May 2026
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Coterra Energy Stock Just Vanished From the NYSE. Devon’s Deal Is Now Fueling a Shale M&A Wave

Coterra Energy Stock Just Vanished From the NYSE. Devon’s Deal Is Now Fueling a Shale M&A Wave

Devon Energy has completed its all-stock merger with Coterra, ending CTRA trading on the NYSE. The $25 billion deal drove U.S. upstream oil-and-gas M&A to a two-year quarterly high, according to Enverus. Devon now faces pressure to deliver $1 billion in annual synergies and has launched an $8 billion buyback program. The combined company will operate as Devon, based in Houston.
14 May 2026
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Stock Market Today

  • Could SpaceX Trigger a UK Stock Market Crash in 2026?
    June 20, 2026, 2:22 AM EDT. Investors are wary as SpaceX's stock, with only 4.25% freely traded, experiences a surge driven by retail demand. Michael Burry, notable short-seller, warns of overvaluation but hasn't shorted due to costly options. SpaceX's price-to-sales ratio exceeds 100, far above the S&P 500 average of 3, signaling potential risk. Major shareholders like Scottish Mortgage Investment Trust hold significant stakes. A sell-off could ripple through global markets, including the UK, known for sensitivity to US stock movements. Analysts urge caution amid uncertainty, suggesting investors focus on fair-value stocks and monitor risks linked to SpaceX's market volume and valuation.

Latest articles

JBS shutdowns put pressure on U.S. beef as cattle prices rise

JBS shutdowns put pressure on U.S. beef as cattle prices rise

20 June 2026
JBS USA will close its Souderton, PA, and Memphis, TN, meat plants on August 14, cutting 1,693 jobs as tight cattle supplies drive negative U.S. beef margins; USDA data show beef prices up 14.8% year-over-year and forecast to rise another 12.1% in 2026, signaling ongoing cost pressure for packers and consumers.
TSMC Leads Nvidia in Short Week Chip Gains

TSMC Leads Nvidia in Short Week Chip Gains

20 June 2026
TSMC’s U.S.-listed shares soared 6.9% to $462.12, outpacing Nvidia’s 3.0% gain, as investors favored broad chip manufacturing exposure after an interim U.S.-Iran deal eased inflation fears and Taiwan’s central bank raised its 2026 economic-growth forecast to 9.45% on AI-driven semiconductor demand.
Intel Beats AMD for Week After Trump Comments on Apple Chips

Intel Beats AMD for Week After Trump Comments on Apple Chips

20 June 2026
Intel soared 10.6% to a record $133.99 after President Trump said Apple agreed to work with Intel on U.S. chip design and production, though neither company confirmed terms or details; analysts are split on the deal’s value, with Intel’s gains outpacing AMD’s 4.9% rise as the chip sector hit a record close.
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