Today: 21 June 2026

Tempus AI Just Priced a $400 Million Debt Deal. Here’s What Investors Need to Watch

Tempus AI Just Priced a $400 Million Debt Deal. Here’s What Investors Need to Watch

Tempus AI priced a $400 million private sale of 0% convertible senior notes due 2032, upsized from $350 million, to repay $307.7 million in loans and fund operations. The deal follows first-quarter revenue of $348.1 million, up 36%, but a net loss widened to $125.9 million. Shares traded at $49.47 premarket, down $4.07. The notes convert at $69.26 per share, a 40% premium to the last close.
8 May 2026
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Iron Mountain Incorporated Stock Falls After Six-Day Rally as AI Data-Center Bet Faces New Test

Iron Mountain Incorporated Stock Falls After Six-Day Rally as AI Data-Center Bet Faces New Test

Cohere agreed in April to acquire Germany’s Aleph Alpha, aiming to expand in regulated European markets as governments demand “sovereign AI.” Schwarz Group plans to invest $600 million in Cohere, which was valued at $6.8 billion last year. The merged company will be based in Germany and Canada, targeting sectors like finance and defence. The deal awaits shareholder and regulatory approval.
8 May 2026
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Zoetis Stock Plunge: The Pet-Care Slowdown Wall Street Can’t Ignore

Zoetis Stock Plunge: The Pet-Care Slowdown Wall Street Can’t Ignore

Zoetis cut its 2026 revenue forecast to $9.68 billion-$9.96 billion and lowered adjusted EPS guidance after U.S. companion-animal product sales dropped 11% in the first quarter. Shares fell $23.86 to $87.31. First-quarter adjusted EPS came in at $1.53, missing analyst estimates of $1.61. CEO Kristin Peck cited weaker demand, fewer vet visits, and increased competition.
8 May 2026
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Gas Prices May Stay High Even After an Iran Peace Deal — Here’s Why

Gas Prices May Stay High Even After an Iran Peace Deal — Here’s Why

U.S. regular gasoline averaged $4.546 a gallon Friday, near its highest since 2022, according to AAA. Prices remain elevated as fighting near the Strait of Hormuz disrupts oil flows, despite signs of progress toward a U.S.-Iran deal. Analysts say pump prices are unlikely to return to pre-war levels before 2027. Oil benchmarks hovered near $100 a barrel, with inventories still low.
8 May 2026
Coinbase Stock Slides After Surprise Q1 Loss: Crypto Slowdown Hits The Exchange

Coinbase Stock Slides After Surprise Q1 Loss: Crypto Slowdown Hits The Exchange

Coinbase reported a first-quarter net loss of $394.1 million as revenue fell 31% to $1.413 billion, reversing a year-earlier profit. Trading volumes dropped amid weaker crypto prices, and an AWS outage briefly disrupted services overnight. Shares fell about 5% after the results. The company also announced plans to cut 700 jobs, or 14% of its workforce.
8 May 2026
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Akamai Stock Set to Jump as $1.8 Billion AI Cloud Deal Steals the Earnings Spotlight

Akamai Stock Set to Jump as $1.8 Billion AI Cloud Deal Steals the Earnings Spotlight

Akamai Technologies shares jumped 26% in premarket trading after announcing a $1.8 billion, seven-year cloud infrastructure deal with an unnamed U.S. AI model developer. First-quarter revenue rose 6% to $1.074 billion, with cloud infrastructure services up 40% to $95 million. The company forecast softer second-quarter results, with revenue and adjusted earnings below analyst estimates.
8 May 2026
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HubSpot Stock Drops After Q1 Beat as AI Sales Shift Tests Wall Street

HubSpot Stock Drops After Q1 Beat as AI Sales Shift Tests Wall Street

HubSpot’s first-quarter revenue rose 23% to $881 million, beating estimates, but shares fell 11.9% after the company warned of a slow start to the second quarter and longer sales cycles tied to new AI-based pricing. Net income reached $32.6 million, reversing a year-ago loss. Customer count climbed 16% to 299,458. HubSpot forecast second-quarter revenue of up to $898 million.
8 May 2026
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Shake Shack Stock Plunge: Q1 Loss, Beef Costs and New CFO Put Burger Chain on the Spot

Shake Shack Stock Plunge: Q1 Loss, Beef Costs and New CFO Put Burger Chain on the Spot

Shake Shack shares plunged as much as 30.4% after the company reported a first-quarter net loss and missed revenue estimates, with margins pressured by rising beef and operating costs. Revenue rose 14.3% to $366.7 million, below forecasts, while operating loss reached $2.6 million. The company named Michelle Hook as its new CFO, effective May 11. Shares last traded at $69.24, down $27.27 from the prior close.
8 May 2026
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Baidu Shares Jump as AI Chip Unit Kunlunxin Pushes Dual IPO Plan

Baidu Shares Jump as AI Chip Unit Kunlunxin Pushes Dual IPO Plan

Kunlunxin, Baidu’s AI chip unit, has started the process for a Shanghai STAR Market IPO while maintaining plans for a Hong Kong listing. Baidu’s Hong Kong shares rose 5.75% after the news. The move comes as Chinese investors seek domestic AI chipmakers amid U.S. export curbs. Kunlunxin signed a pre-IPO tutoring agreement with China International Capital Corp on April 29.
8 May 2026
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Australia Stock Market Today: ASX 200 Tumbles as Oil Shock Erases Nearly $50 Billion

Australia Stock Market Today: ASX 200 Tumbles as Oil Shock Erases Nearly $50 Billion

The S&P/ASX 200 fell 1.51% to 8,744.40, its sharpest drop in seven weeks, as renewed U.S.-Iran fighting sent oil above $100 a barrel and erased nearly A$50 billion from the market. Banks, miners, and energy stocks declined, with Westpac leading losses after trading ex-dividend. Macquarie reversed early gains despite a profit beat. Tabcorp plunged 14.2% after AUSTRAC launched an enforcement probe.
8 May 2026
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India Stock Market Today: Sensex Drops 665 Points, Nifty Falls Below 24,150 As Oil Shock Hits Dalal Street

India Stock Market Today: Sensex Drops 665 Points, Nifty Falls Below 24,150 As Oil Shock Hits Dalal Street

The BSE Sensex dropped 665.35 points to 77,179.17 and the Nifty 50 fell 186.45 points to 24,140.20 by 2 p.m. IST Friday, as Brent crude topped $100 a barrel and the rupee slipped 0.3% to 94.5325 per dollar. Foreign investors sold 340.89 crore rupees in equities Thursday, while domestic funds bought 441 crore rupees. Britannia shares fell up to 5% after announcing price hikes due to higher freight costs.
8 May 2026
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UK Stock Market Live: FTSE 100 Falls Again as Oil Tops $100 and Labour Losses Hit London Shares

UK Stock Market Live: FTSE 100 Falls Again as Oil Tops $100 and Labour Losses Hit London Shares

The FTSE 100 fell 0.75% to 10,200.29 in Friday morning trade, extending losses as renewed U.S.-Iran clashes pushed Brent oil above $100 a barrel. Labour’s local election setbacks weighed on sterling and gilts, adding political risk to the market downturn. Airlines including IAG warned of lower profits due to rising fuel costs. European shares tracked lower, with the STOXX 600 down 0.8%.
8 May 2026
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Marvell Technology Stock Slides 7%—Why the AI Chip Favorite Just Hit a Wall

Marvell Technology Stock Slides 7%—Why the AI Chip Favorite Just Hit a Wall

Marvell Technology shares rose 1.7% in early premarket trading Friday after a 7.05% drop Thursday, closing at $160.01. The company, which reported fiscal 2026 revenue of $8.195 billion with 74% from data centers, is set to release first-quarter results on May 27. Nvidia invested $2 billion in Marvell in March. Marvell recently acquired Polariton Technologies to boost its data-center chip capabilities.
8 May 2026
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CrowdStrike Holdings Stock Jumps 8% as AI Cybersecurity Rally Meets CEO Share Sale

CrowdStrike Holdings Stock Jumps 8% as AI Cybersecurity Rally Meets CEO Share Sale

CrowdStrike shares rose 8% Thursday as investors returned to cybersecurity stocks linked to AI demand, despite a weaker S&P 500. CEO George Kurtz sold 5,000 shares under a pre-set plan but retains over 2.2 million shares. The company will report fiscal Q1 2027 results on June 3. CrowdStrike also promoted Amanda Adams to senior vice president of global alliances.
8 May 2026
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Stock Market Today

  • Joby Aviation Stock Hits $10 Amid Air-Taxi Sector Volatility Ahead of Key FAA Tests
    June 20, 2026, 5:57 PM EDT. Joby Aviation's stock rebounded 6.5% to close at $10.00 on Thursday, marking a 9.3% rise since June 12 amid a holiday-shortened trading week. The company's progress toward FAA certification, cash reserves of $2.5 billion, and competition from Archer Aviation and Beta Technologies remain under investor scrutiny. Joby, developing electric vertical takeoff and landing (eVTOL) air taxis for short trips, faces challenges from regulatory approvals and market scalability. Despite rallying, the stock reflects investor patience on milestones rather than solid earnings. The stock's performance precedes Monday's market session, which will test the sustainability of recent gains in a broader cautious market environment influenced by geopolitical tensions and a stronger dollar.

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