Today: 17 June 2026

RBC Stock Hits 52-Week High Even as TSX Falls

RBC Stock Hits 52-Week High Even as TSX Falls

Royal Bank of Canada surged to a new 52-week high at C$277.09 before closing up 1.24% at C$276.01, outpacing the S&P/TSX’s 0.2% drop, after reporting Q2 net income of C$5.5 billion and adjusted EPS of C$3.90, beating estimates. Despite strong results and a 58.61% year-over-year gain, risks remain as the market is not cheap and investors await the Bank of Canada’s rate decision.
9 June 2026
Intel Stock’s Google-Fueled Rally Just Hit a Wall as AI Chip Bets Face a Reality Check

Intel Stock’s Google-Fueled Rally Just Hit a Wall as AI Chip Bets Face a Reality Check

Intel shares plunged 4.6% to $105.25 after Monday’s Google-fueled rally, as investors took profits and chip stocks broadly sold off; the drop highlights that Intel’s valuation now hinges on its ability to secure major foundry customers like Google, but the reported order remains unverified and sector-wide momentum is fading.
Uranium Energy Drops 17% After Reporting Q3 Loss

Uranium Energy Drops 17% After Reporting Q3 Loss

Uranium Energy shares plunged 17% to $10.43 after reporting a wider Q3 net loss of $52.3 million and no uranium inventory sales, overshadowing the start of production at Burke Hollow; heavy volume and a sharper drop than peers reflected investor concerns over execution risks and near-term earnings despite strong cash and no debt.
Elong Power Stock Rips 58%, Small Nasdaq Battery Play Goes Wild

Elong Power Stock Rips 58%, Small Nasdaq Battery Play Goes Wild

Elong Power shares soared 58.3% to $1.22 in heavy Nasdaq trading, with volume topping 123 million, after a recent $6 million unit offering at $1.30 and a March 1-for-80 reverse split; despite the rally, the stock remained below the recent offering price, with filings showing a $5.57 million net loss for 2025, a $14 million working-capital deficit, and warnings of possible further dilution if more capital is needed.
Marathon Digital Shares Fall as Bitcoin Move Renews Focus on AI Strategy

Marathon Digital Shares Fall as Bitcoin Move Renews Focus on AI Strategy

MARA shares plunged 4.3% to $13.19 as bitcoin slipped below $62,000, highlighting that despite efforts to pivot toward AI and data-center infrastructure, the stock remains tightly tied to bitcoin’s price, with recent earnings showing revenue and bitcoin holdings down sharply and ongoing risks if crypto weakness persists.
XRP price today: Ripple token bounces as DTCC listing and Iran war headlines steer crypto traders

XRP Price Holds $1.10 as Key Level for Traders

XRP slid 2.6% to $1.14 as crypto markets lost momentum, leaving the token just above key $1.10 support defended after last week’s four-month lows; traders are watching $1.13-$1.14 as support and $1.15-$1.20 as resistance, with broader risk-off sentiment and weak ETF inflows pressuring prices, while a break below $1.10 could signal further downside.
9 June 2026
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Stock Market Today

  • Grindr Inc (GRND) Shares Jump 5.8% on Strong Revenue Growth Ahead of Earnings
    June 17, 2026, 6:27 AM EDT. Grindr Inc (GRND) shares surged 5.8% to close at $13.36, driven by high trading volume and strong revenue growth from product enhancements and monetization strategies including premium features and pricing increases. The company anticipates quarterly earnings of $0.13 per share, a 62.5% increase year-over-year, and revenues of $129.15 million, up 23.9%. Despite these positive fundamentals, consensus earnings estimates have remained flat over 30 days, which may limit sustained upside. Grindr holds a Zacks Rank #2 (Buy). Related stock Consensus Cloud Solutions (CCSI) gained 0.2%, with a stable earnings outlook and a Zacks Rank #3 (Hold). Investors are advised to monitor estimate revisions for near-term price direction.

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Chip Rally Breaks as Nasdaq Faces Tight Labor Market

Nasdaq futures tick higher as S&P holds steady before Fed decision, oil slip supports stocks

17 June 2026
Nasdaq 100 futures jumped 0.63% premarket as tech stocks rebounded ahead of the Federal Reserve’s first policy decision under new Chair Kevin Warsh, with investors eyeing the 2:00 p.m. statement and 2:30 p.m. press conference as key risk events; oil stayed below $80 on U.S.-Iran deal hopes, easing inflation pressure, while money markets priced in about an 80% chance of a Fed rate hike this year.
Netflix (NFLX) dips as Lionsgate talks put deal spending in focus

Netflix (NFLX) dips as Lionsgate talks put deal spending in focus

17 June 2026
Netflix shares fell 3.6% to $78.72 after reports linked the company to a potential Lionsgate Studios deal, but Netflix denied acquisition plans; investors are watching closely as Fox’s $22 billion Roku buyout puts M&A strategy and spending discipline in the spotlight, with Netflix’s stock sensitive to any deal rumors amid ongoing concerns about competition, ad growth, and content costs.
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