Today: 22 June 2026

Texas Instruments Stock Jumps as Strong Forecast Signals Chip Demand Is Waking Up

Texas Instruments Stock Jumps as Strong Forecast Signals Chip Demand Is Waking Up

Texas Instruments projected second-quarter revenue of $5.00–$5.40 billion and earnings per share of $1.77–$2.05, both above analyst estimates. First-quarter revenue rose 19% to $4.83 billion, with net income up to $1.55 billion. Shares jumped about 8% in after-hours trading. The company cited stronger demand from data-center and industrial customers.
ServiceNow Stock Sinks As Iran War Hits Deals And CEO Calls AI Threat ‘Parlor Tricks’

ServiceNow Stock Sinks As Iran War Hits Deals And CEO Calls AI Threat ‘Parlor Tricks’

ServiceNow shares dropped 14% in after-hours trading Wednesday after the company said Middle East conflict delayed several large deals, despite raising its annual subscription revenue forecast. First-quarter subscription revenue rose 22% to $3.67 billion. Short interest in the stock stood at 2.9%, with shares down about 35% this year before earnings. CEO Bill McDermott highlighted growing demand for AI products, raising the 2026 AI sales target to at least $1.5 billion.
Tesla Earnings Surprise: $1.4 Billion Cash Flow Steals Focus From Revenue Miss

Tesla Earnings Surprise: $1.4 Billion Cash Flow Steals Focus From Revenue Miss

Tesla reported $1.44 billion in free cash flow for the first quarter, sending shares up 3.4% in late trading, despite revenue of $22.39 billion missing Wall Street estimates. Vehicle deliveries rose 6% to 358,023 but lagged forecasts, while global inventory climbed to 27 days of supply. Net income rose 17% to $477 million. Tesla ended the quarter with $44.74 billion in cash and short-term investments.
Warner Bros. Discovery Shareholders Are Hours From Paramount Vote That Could Redraw Hollywood

Warner Bros. Discovery Shareholders Are Hours From Paramount Vote That Could Redraw Hollywood

Warner Bros. Discovery shareholders face a Wednesday night deadline to vote on Paramount Skydance’s $110 billion takeover offer, with a special meeting set for Thursday morning. Shares traded 12% below the $31-per-share offer Wednesday, signaling investor doubts despite board support. The U.S. Justice Department has issued subpoenas, and UK regulators are reviewing the deal. Nearly 3,500 industry figures have signed an anti-merger letter.
TSMC Debuts A13, Holds Off on ASML’s High-NA EUV Tools Until 2029

TSMC Debuts A13, Holds Off on ASML’s High-NA EUV Tools Until 2029

TSMC unveiled its A13 chip technology Wednesday, confirming it will not adopt ASML’s High-NA EUV machines before 2029. The A13 node offers 6% area savings over A14 and maintains design compatibility. TSMC also introduced N2U, a 2-nanometer variant due in 2028. The company is expanding advanced packaging, with a 14-reticle CoWoS platform planned to combine large compute dies and high-bandwidth memory.
22 April 2026
ASML Says It Can Keep Up With AI Chip Boom in 2026, but China Curbs Still Loom

ASML Says It Can Keep Up With AI Chip Boom in 2026, but China Curbs Still Loom

ASML CEO Christophe Fouquet told investors the company will not be a bottleneck for chipmakers in 2026 after boosting capacity and productivity. ASML last week raised its 2026 sales forecast to 36–40 billion euros following first-quarter sales of 8.8 billion euros and net income of 2.8 billion euros. Risks remain from U.S. export controls on China and the pace of next-generation EUV tool adoption.
Alphabet Stock Gets Fresh $410 Target Ahead of Earnings as Gemini and Google Cloud Lift Outlook

Alphabet Stock Gets Fresh $410 Target Ahead of Earnings as Gemini and Google Cloud Lift Outlook

Alphabet shares rose 1.7% to $337.93 midday Wednesday after BMO Capital Markets raised its price target to $410 and BofA Securities reiterated a Buy at $370 ahead of next week’s earnings. At Google Cloud Next in Las Vegas, Google unveiled new AI agents, custom chips, and announced major deals with Merck, PepsiCo, and Salesforce. Analysts cited accelerating Google Cloud growth and stronger AI integration in Search.
AMD Stock Jumps as Stifel Lifts Price Target to $320 Ahead of May 5 Earnings

AMD Stock Jumps as Stifel Lifts Price Target to $320 Ahead of May 5 Earnings

AMD shares jumped 6% to $302.24 after Stifel raised its price target to $320 and reiterated a Buy rating. The stock is now less than 6% below Stifel’s new target and near Bank of America’s $310 target. AMD has major AI chip supply deals with Meta and OpenAI, with shipments set to begin in late 2026. The company reported record Q4 2025 revenue of $10.3 billion, with data-center sales up 39%.
Why GE Aerospace Stock Fell Despite an Earnings Beat and a $210 Billion Backlog

Why GE Aerospace Stock Fell Despite an Earnings Beat and a $210 Billion Backlog

GE Aerospace shares fell 4% Wednesday despite beating Q1 estimates and raising its 2026 profit outlook, as management kept its full-year forecast unchanged. First-quarter orders jumped 87% to $23 billion and adjusted EPS rose 25% to $1.86. Airlines warned that the Iran war has raised fuel costs and clouded demand, testing GE’s service revenue resilience. GE’s commercial-services backlog stands above $170 billion.
Microsoft Stock’s $500 Question: Why Wall Street Is Watching Azure Before Earnings

Microsoft Stock’s $500 Question: Why Wall Street Is Watching Azure Before Earnings

Microsoft shares rose 1.7% to $431.31 Wednesday as investors focused on Azure growth and Copilot adoption ahead of next week’s earnings. Bank of America maintained a buy rating and $500 target, citing AI infrastructure and cloud gains as key factors. Last quarter, revenue climbed 17% to $81.3 billion, but heavy AI spending and only slightly better-than-expected cloud growth unsettled some investors.
IBM Earnings Today: Red Hat, Confluent and AI Risk Put a $15.6 Billion Quarter in Focus

IBM Earnings Today: Red Hat, Confluent and AI Risk Put a $15.6 Billion Quarter in Focus

IBM will report first-quarter results Wednesday after markets close, with analysts expecting adjusted earnings of $1.81 per share on $15.6 billion in revenue. Investors are watching for signs that software growth, boosted by the $11 billion Confluent acquisition in March, can support a higher 2026 outlook. Red Hat’s performance and updated guidance are in focus. Several analysts cut price targets ahead of the report but kept positive ratings.
Broadcom Stock Nears Record as Google AI Chip Push Fuels AVGO Breakout Bet

Broadcom Stock Nears Record as Google AI Chip Push Fuels AVGO Breakout Bet

Broadcom shares jumped over 4% Wednesday, trading near a record $420, after Google unveiled new TPU 8t and TPU 8i AI chips. Broadcom recently disclosed a long-term deal to supply Google with custom TPUs and networking components through 2031. The company reported $19.31 billion in fiscal Q1 revenue, with AI revenue up 106% to $8.4 billion. Investors remain divided over valuation and margin pressures.
US Stock Market Today: Nasdaq Leads Wall Street Rally as Iran Ceasefire Relief Meets Earnings Momentum

US Stock Market Today: Nasdaq Leads Wall Street Rally as Iran Ceasefire Relief Meets Earnings Momentum

The Nasdaq rose 1.29% as technology and chip stocks led gains after President Trump extended the Iran ceasefire. GE Vernova, Boeing, and Boston Scientific advanced following earnings reports. Oil hovered near $100, with fresh ship seizures in the Strait of Hormuz highlighting ongoing risks. At 11:25 a.m. ET, the Dow was up 381 points, the S&P 500 gained 61 points, and the Nasdaq climbed 314 points.
Uber Now Owns 11.5% of Lucid. The Robotaxi Bet Is Bigger Than It Looked

Uber Now Owns 11.5% of Lucid. The Robotaxi Bet Is Bigger Than It Looked

Uber disclosed an 11.52% passive stake in Lucid Group, owning 37.8 million shares through a subsidiary, according to an SEC filing dated April 20. The move follows Uber’s expanded $500 million investment and a commitment to purchase at least 35,000 Lucid robotaxi vehicles. Lucid shares fell 1.3% Wednesday after a prior rally. The companies plan a commercial robotaxi launch in the Bay Area later this year.
Super Micro Stock Climbs Before Earnings As Options Traders Price An 11% Swing

Super Micro Stock Climbs Before Earnings As Options Traders Price An 11% Swing

Super Micro shares rose 2.7% to $29.20 Wednesday morning, extending a rebound ahead of its May 5 earnings report. Options markets are pricing in high volatility, with a 50% chance of a move larger than 10.99% around the results. The report follows a March indictment tied to export controls and compliance concerns. JPMorgan last week cut its price target to $28.
GameStop Stock Jumps Again: Why GME Is Back Above $25 And What Could Break The Rally

GameStop Stock Jumps Again: Why GME Is Back Above $25 And What Could Break The Rally

GameStop shares rose about 4.2% to near $25.49 in midday New York trading Wednesday, with volume topping 5.3 million shares after a short Xbox and PlayStation trade-in promotion and renewed speculation about CEO Ryan Cohen’s acquisition plans. Cohen told CNBC he wants GameStop to buy a much larger public consumer company but did not name a target. GameStop’s cash and securities rose to $9 billion last quarter as net sales fell.
22 April 2026
RTX Raises 2026 Outlook on Missile Demand and Jet-Service Strength, but Stock Slides Again

RTX Raises 2026 Outlook on Missile Demand and Jet-Service Strength, but Stock Slides Again

RTX raised its 2026 adjusted EPS guidance to $6.70-$6.90 and sales outlook to $92.5-$93.5 billion after first-quarter revenue rose 9% and adjusted EPS climbed 21%. Raytheon missile programs and Pratt & Whitney’s aftermarket work drove gains; backlog reached $271 billion. Shares fell about 2.5% Wednesday morning after a 4.4% drop Tuesday. First-quarter sales totaled $22.08 billion, up from $20.31 billion a year ago.
Vanguard ETF Splits Take Effect: What Lower Prices for VGT, VUG, MGK, VOOG and VO Mean Now

Vanguard ETF Splits Take Effect: What Lower Prices for VGT, VUG, MGK, VOOG and VO Mean Now

Vanguard’s five planned ETF share splits took effect, dropping prices for VGT to $102.24, VUG to $82.59, MGK to $83.55, VOOG to $77.16, and VO to $76.68 by Wednesday morning in New York. The splits do not affect portfolio composition or investor value. Fund assets as of March 31 totaled $317.8 billion for VUG and $198.3 billion for VO. Vanguard says splits aim to improve trading by lowering share prices.
22 April 2026
Trump Administration Nears $500 Million Spirit Rescue as American Rejects United Merger (Bloomberg)

Trump Administration Nears $500 Million Spirit Rescue as American Rejects United Merger (Bloomberg)

The Trump administration is close to a deal to lend Spirit Airlines up to $500 million, with Washington set to receive warrants for future shares, according to Bloomberg and The Wall Street Journal. The rescue, not yet finalized, would be a rare federal intervention in a single airline. Spirit sought emergency aid after fuel prices doubled its costs, threatening its bankruptcy exit plan. The White House opposes a United-American merger.
Opendoor Technologies Stock Keeps Climbing as Earnings Test Looms

Opendoor Technologies Stock Keeps Climbing as Earnings Test Looms

Opendoor Technologies shares rose 0.8% to $5.50 Wednesday morning, continuing a rebound ahead of first-quarter results due May 7. The stock is up from $4.51 on April 14. The company will replace its usual earnings call with a video "Financial Open House" for live shareholder questions. Wall Street remains divided on Opendoor's path to profitability as investors watch for improved unit economics.

Stock Market Today

  • CSL Shares Gain Spotlight Amid Defensive Healthcare Rotation
    June 21, 2026, 11:49 PM EDT. CSL (ASX: CSL) has returned to focus as investors rotate into defensive healthcare amid market uncertainty. The biotech giant, operating globally and headquartered in Australia, benefits from sustained demand for plasma therapies, vaccines, and chronic disease treatments regardless of economic conditions. Its three main pillars-CSL Behring's plasma-derived therapies, CSL Seqirus's influenza vaccines, and CSL Vifor's kidney and iron deficiency treatments-offer resilience through specialized, essential medical products. CSL's extensive plasma collection network provides a competitive edge. This broad, diversified portfolio positions CSL as a solid defensive growth stock on the ASX.

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Cognizant (NASDAQ: CTSH) Slides 10% as Nasdaq-100 Exit Nears

Cognizant (NASDAQ: CTSH) Slides 10% as Nasdaq-100 Exit Nears

22 June 2026
Cognizant shares plunged 10.49% to $43.70, erasing $2.4 billion in equity value—more than its $2 billion 2026 buyback target—after Accenture’s narrowed growth outlook, a Berenberg downgrade, and looming Nasdaq-100 removal, even as S&P 500 and Nasdaq rallied; investors now eye Q2 guidance as the next key test.
Pentagon Could Outpace Tech Giants on Small Nuclear Projects

Pentagon Could Outpace Tech Giants on Small Nuclear Projects

22 June 2026
Valar Atomics’ Ward 250 became the first DOE-authorized advanced reactor built outside a national lab to achieve criticality, signaling a shift as U.S. defense demand accelerates small nuclear deployment, with the Army allocating over $2 billion for microreactors—moving the sector from policy to production and raising near-term demand expectations.
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