Today: 21 June 2026

Kraft Heinz Stock Faces New Berkshire Overhang Days Before Q1 Earnings

Kraft Heinz Stock Faces New Berkshire Overhang Days Before Q1 Earnings

Berkshire Hathaway reported its Kraft Heinz stake was $1.4 billion below carrying value at March 31 but took no new impairment. Kraft Heinz will report first-quarter results May 6, with analysts expecting earnings of 50 cents per share and $5.89 billion in revenue. Berkshire held 27.5% of Kraft Heinz as of March 31. KHC shares closed Friday at $22.49, down 0.75%.
2 May 2026
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NextEra Energy Strikes 3,000 MW Arizona Solar Deal as Power Demand Boom Builds

NextEra Energy Strikes 3,000 MW Arizona Solar Deal as Power Demand Boom Builds

Salt River Project and NextEra Energy Resources agreed to develop 3,000 MW of new solar power in Arizona by 2034, enough to supply about 595,000 homes. Construction will add 500 MW annually from 2029 to 2034. The deal comes as utilities seek new capacity to meet rising demand from data centers and population growth. NextEra has already developed over 1,000 MW for SRP.
2 May 2026
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BlackBerry Limited’s Hidden QNX Comeback Is Running Inside 275 Million Cars

BlackBerry Limited’s Hidden QNX Comeback Is Running Inside 275 Million Cars

BlackBerry’s QNX software now runs in over 275 million vehicles and generated $268 million in revenue for fiscal 2026, nearly half the company’s total. The division’s quarterly revenue rose to $78.7 million from $65.8 million a year earlier. BlackBerry posted a $53.2 million profit for the year, reversing a prior loss. QNX faces pressure from larger competitors and open-source alternatives.
2 May 2026
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Fiserv Stock Gets an AI Payments Twist Before Crucial May 5 Earnings Test

Fiserv Stock Gets an AI Payments Twist Before Crucial May 5 Earnings Test

Fiserv has joined the x402 Foundation, aligning with Coinbase, Visa, Mastercard, and Stripe to develop an open standard for automated internet payments, the company said Friday. The announcement comes ahead of Fiserv’s first-quarter earnings report on May 5 and its investor day on May 14. Fiserv shares closed at $62.14, down 0.81%. Analysts expect adjusted earnings of $1.57 per share for the quarter.
2 May 2026
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ON Semiconductor Stock Hits 52-Week High Before May 4 Earnings: Why ON Shares Are in Focus

ON Semiconductor Stock Hits 52-Week High Before May 4 Earnings: Why ON Shares Are in Focus

ON Semiconductor shares closed at a 52-week high of $103.03 on May 1, up 2.2% ahead of first-quarter earnings due May 4. The stock’s rise follows new electric-vehicle partnerships with Geely and NIO, spotlighting its silicon-carbide power chips. Analysts expect adjusted earnings of about $0.62 a share on $1.49 billion revenue. Trading volume exceeded the 50-day average.
2 May 2026
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RTX Stock Watch: Patriot Missile Work Mounts as U.S. Fast-Tracks $8.6 Billion Arms Sales

RTX Stock Watch: Patriot Missile Work Mounts as U.S. Fast-Tracks $8.6 Billion Arms Sales

RTX Corporation was named a principal contractor in two U.S.-approved Middle East arms deals, part of over $8.6 billion in sales to Qatar, Kuwait, Israel, and the UAE. Raytheon RTX also received a $441.6 million Army contract modification for Patriot GEM-T missiles and an $833 million Navy contract for SeaSparrow missiles. RTX raised its sales outlook and dividend, but faces tariff costs and uncertain contract timing. RTX shares closed Friday at $173.99.
2 May 2026
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Lumen Technologies (LUMN) Stock Faces May 5 Earnings Test as AI Network Bet Meets Loss Forecast

Lumen Technologies (LUMN) Stock Faces May 5 Earnings Test as AI Network Bet Meets Loss Forecast

Lumen Technologies is expected to report a first-quarter loss of 14 cents per share on May 5, with revenue projected at $2.84 billion, down 10.7% from a year ago. The quarter marks Lumen’s first results after selling its consumer fiber business to AT&T for $5.75 billion. Shares closed Friday at $9.32, up $0.475. The company will debut a new revenue reporting framework and discuss results at 5 p.m. ET.
2 May 2026
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McDonald’s Corporation Stock Slides Before Q1 Earnings as Value Menu Faces Wall Street Test

McDonald’s Corporation Stock Slides Before Q1 Earnings as Value Menu Faces Wall Street Test

McDonald’s shares dropped 2.37% Friday, closing at $286.64 and extending losses to over 16% since early March ahead of its May 7 earnings report. Analysts expect first-quarter earnings per share of $2.75 on $6.48 billion revenue. The company will launch six specialty drinks nationwide May 6, following recent U.S. value menu promotions. Trading volume exceeded the 50-day average.
2 May 2026
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Grab’s Indonesia Shock: Driver-Fee Cap Hits GRAB Stock Days Before Earnings

Grab’s Indonesia Shock: Driver-Fee Cap Hits GRAB Stock Days Before Earnings

Indonesia cut the maximum commission for ride-hailing platforms to 8% from 20%, directly affecting Grab and GoTo’s Gojek days before Grab’s earnings report. Drivers must now receive at least 92% of fares, and platforms are required to provide accident and health insurance. Grab and GoTo said they are reviewing the rule and will comply. Grab shares fell 3.9% to $3.67 after the announcement.
2 May 2026
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Intel Corporation’s SambaNova AI Bet Clears U.S. Review as INTC Stock Nears $100

Intel Corporation’s SambaNova AI Bet Clears U.S. Review as INTC Stock Nears $100

U.S. antitrust regulators cleared Intel’s investment in SambaNova Systems, granting early termination for the deal and removing a key regulatory barrier. Intel raised its stake in the AI chip startup to 8.2% with a $35 million investment in February and plans another $15 million. The FTC decision does not endorse Intel’s strategy but ends the pre-closing review. Intel shares last closed at $99.62, up 5.44% on AI demand.
2 May 2026
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US Stock Market This Week: S&P 500, Nasdaq Hit Records As Earnings Rally Faces Oil Shock Risk

US Stock Market This Week: S&P 500, Nasdaq Hit Records As Earnings Rally Faces Oil Shock Risk

The S&P 500 and Nasdaq closed at record highs Friday, lifted by strong corporate earnings, while the Dow slipped 0.3%. Apple shares rose 3.3% on a solid forecast; Atlassian surged 29.6%. Analysts expect S&P 500 first-quarter earnings to jump 27.8% from a year earlier, with 83% of companies beating profit estimates. Energy stocks lagged as Exxon Mobil and Chevron declined after weaker results.
2 May 2026
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Oil Prices Are High. The Bigger Shock May Still Be Ahead

Oil Prices Are High. The Bigger Shock May Still Be Ahead

Brent crude settled at $108.17 a barrel Friday, down 2%, after Iran proposed new talks with the U.S., but remained well above normal following disruptions in the Strait of Hormuz. The International Energy Agency reported global oil supply fell by 10.1 million barrels per day in March. Some physical crude grades traded near $130 a barrel. Traders are pricing in a prolonged conflict and further price spikes.
2 May 2026
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Paramount Skydance Stock Jumps After Wall Street’s ‘Riskiest’ Upgrade as Warner Bros Deal Hits New Fight

Paramount Skydance Stock Jumps After Wall Street’s ‘Riskiest’ Upgrade as Warner Bros Deal Hits New Fight

Paramount Skydance shares rose 8.3% to $11.09 Friday after Morgan Stanley double-upgraded the stock, citing the pending $110 billion Warner Bros. Discovery takeover. The move comes ahead of Paramount’s May 4 earnings and follows a consumer lawsuit seeking to block the deal. The merger still faces regulatory review, litigation, and scrutiny over foreign investment.
2 May 2026
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Workday Inc. Sets May 21 Earnings Date: Why Its AI Bet Faces a Crucial Test

Workday Inc. Sets May 21 Earnings Date: Why Its AI Bet Faces a Crucial Test

Workday will report fiscal 2027 first-quarter results after markets close on May 21. The company previously forecast first-quarter subscription revenue of $2.335 billion, up 13%. Shares closed Friday at $126.96, up 3.73%, amid ongoing pressure from AI competition and investor concerns over growth. CEO Aneel Bhusri returned in February as the firm pushes new AI-driven products.
2 May 2026
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Clorox Stock Sinks After Outlook Cut: Why the Bleach Maker’s Profit Squeeze Isn’t Over

Clorox Stock Sinks After Outlook Cut: Why the Bleach Maker’s Profit Squeeze Isn’t Over

Clorox lowered its fiscal 2026 adjusted earnings forecast to $5.45–$5.65 per share, down from $5.95–$6.30, citing higher costs and slower recovery in some categories. Shares dropped 9.7% to $87.11 Friday. Net sales for the third quarter were $1.67 billion, nearly flat year-over-year. The GOJO acquisition is expected to dilute adjusted earnings by 2 to 4 cents per share.
2 May 2026
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Stock Market Today

  • Israeli Drone Weapons Maker UVision Plans $4 Billion Nasdaq IPO
    June 21, 2026, 4:41 AM EDT. Israeli defense firm UVision Air, controlled by Aaron Frankel, targets a $3.5 billion to $4 billion valuation in its planned Nasdaq initial public offering (IPO) set for July or August. The company, specializing in loitering munitions-suicide drones that locate and strike targets-aims to raise $500 million to $1 billion. After failing to secure pre-IPO institutional backing at a $2.9 billion valuation, Frankel decided to proceed directly with the IPO. JPMorgan leads the offering amid a recent downturn in defense stocks linked to easing U.S.-Iran tensions. UVision's IPO proceeds will partly repay shareholder loans, including loans from Frankel. Institutional investor meetings will begin in mid-July following prospectus publication, with the challenge of attracting investors at a higher valuation than earlier pre-IPO talks.

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Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 21.06.2026

21 June 2026
LIVEMarkets rolling coverageStarted: June 21, 2026, 4:00 AM EDTUpdated: June 21, 2026, 5:06 AM EDT Israeli Drone Weapons Maker UVision Plans $4 Billion Nasdaq IPO June 21, 2026, 4:41 AM EDT. Israeli defense firm UVision Air, controlled by Aaron Frankel, targets a $3.5 billion to $4 billion valuation in its planned Nasdaq initial public offering (IPO) set for July or August. The company, specializing in loitering munitions-suicide drones that locate and strike targets-aims to raise $500 million to $1 billion. After failing to secure pre-IPO institutional backing at a $2.9 billion valuation, Frankel decided to proceed directly with the IPO.
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