Today: 17 June 2026

Berkshire Hathaway Shares Up After Greg Abel Makes $16.8 Billion Move

Berkshire Hathaway Shares Up After Greg Abel Makes $16.8 Billion Move

Berkshire Hathaway’s Class B shares jumped 1.98% to $488.13 after announcing $16.8 billion in deals—including the $6.8 billion Taylor Morrison buyout and a $10 billion private placement in Alphabet—even as the S&P 500 and Nasdaq plunged, marking CEO Greg Abel’s first major capital-allocation moves and shifting Berkshire from a cash-hoard to a deployment story.
6 June 2026
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Enphase Drops 18% Ahead of Market Open

Enphase Drops 18% Ahead of Market Open

Enphase Energy plunged 18% to $56.07 Friday, underperforming solar peers as U.S. jobs data sent bond yields higher and revived interest rate fears; the stock ended the week 12% below Monday’s close, with Q1 revenue down 18% and U.S. demand off 48% from last quarter, putting Monday’s open in sharp focus for investors.
6 June 2026
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P&G Stock Outpaced Market Drop—What’s Next for Shares

P&G Stock Outpaced Market Drop—What’s Next for Shares

Procter & Gamble surged 4.09% to $146.54 on Friday, defying a broad market selloff as investors rotated into defensive consumer staples amid Fed rate fears; higher-than-average volume suggests real demand, but with shares still below their 52-week high and ongoing margin pressures, Monday’s open will test if the rally can last.
6 June 2026
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Flex Enters S&P 500. Monday Trading Could Be Tricky

Flex Enters S&P 500. Monday Trading Could Be Tricky

Flex will join the S&P 500 on June 22, replacing Campbell’s, triggering index-fund buying; after falling 4.8% Friday, shares rose 1.5% post-announcement, as investors weigh index demand against a tech selloff and Flex’s AI data-center focus, with a planned Cloud and Power Infrastructure spinoff ahead.
6 June 2026
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AI Selloff Cuts $1.3 Trillion, Goldman Says Room Left in Trade

AI Selloff Cuts $1.3 Trillion, Goldman Says Room Left in Trade

U.S. chip stocks plunged Friday, erasing $1.3 trillion and ending the S&P 500’s nine-week rally as a strong jobs report, looming Fed meeting under new chair Kevin Warsh, and Broadcom’s weak update triggered the worst market day since October; the Philadelphia chip index sank 10.3%, with analysts warning of a possible tactical pullback and risks if selling accelerates.
6 June 2026
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Meta Shares See $31 Million Spend Before AI Funding Jitters Arrive

Meta Shares See $31 Million Spend Before AI Funding Jitters Arrive

Meta stock plunged 5.5% to $593 Friday after reports it may raise tens of billions via a stock sale to fund soaring AI infrastructure costs, despite delayed filings showing Waystone, Eaton, and Fidelis held $31.4 million in Meta at year-end; analysts’ average target is $840.60, but investors are wary of dilution and rising capex, as Meta lifts 2026 spending outlook to up to $145 billion.
6 June 2026
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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 06.06.2026

LIVEMarkets rolling coverageStarted: June 6, 2026, 4:00 AM EDTUpdated: June 7, 2026, 3:59 AM EDT Alphabet's $80 Billion Equity Raise Signals Potential AI Spending Slowdown June 7, 2026, 3:53 AM EDT. Alphabet’s announcement to raise $80 billion through equity issuance, rather than debt, signals a possible peak in artificial intelligence (AI) spending. The tech giant plans to spend up to $190 billion this year, fueling concerns about sustaining growth in semiconductor and data centre sectors. Alphabet’s shift comes as big tech firms like Amazon and Microsoft increase their debt to finance expansion, supporting a surge in semiconductor stocks, with the
6 June 2026
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Rigetti Stock Drops After Quantum Surge Stalls on Wall Street Rate Jolt

Rigetti Stock Drops After Quantum Surge Stalls on Wall Street Rate Jolt

Rigetti Computing plunged 14.5% to $20.68 as tech stocks tumbled after strong May payrolls fueled fears of prolonged high U.S. rates, pressuring long-duration names; the selloff highlights risks tied to government funding, potential equity dilution, and uncertain commercial milestones, with Rigetti posting a $26 million Q1 operating loss and $4.4 million revenue despite recent product and funding announcements.
6 June 2026
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Flex grabs S&P 500 spot but shares drop

Flex grabs S&P 500 spot but shares drop

Flex will join the S&P 500 on June 22, drawing investor focus to its surging AI data-center power unit and planned spin-off, even as shares fell 4.8% to $151.92 amid a tech selloff; CPI sales jumped 38% to $6.61 billion in fiscal 2026, now 24% of total revenue, but margin slipped 100 basis points due to ramp-up costs and product mix.
6 June 2026
Intel shares hit as AI chip slump wipes out $1.3 trillion

Intel shares hit as AI chip slump wipes out $1.3 trillion

Intel plunged 11.4% to $99.17 on heavy volume as the PHLX Semiconductor Index suffered its worst drop since March 2020, wiping out $1.3 trillion in U.S. chipmaker market value, overshadowing Intel’s new AI partnership with Foxconn amid sector-wide selling triggered by Broadcom’s guidance and renewed Fed rate hike fears.
6 June 2026
Gas Bulls’ Storage Bump Fizzles on Weather Shift

Gas Bulls’ Storage Bump Fizzles on Weather Shift

U.S. natural gas futures fell 3.2% to $3.229/MMBtu Friday as weather models cut expected cooling demand, erasing a two-day rally sparked by a smaller-than-expected storage build and hotter forecasts; inventories remain above average but the surplus is narrowing, with traders watching if heat and exports can offset near-record production and ongoing LNG plant maintenance.
6 June 2026
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Stock Market Today

  • Abaxx Technologies Addresses Share Price Drop and Refutes Misinformation
    June 17, 2026, 4:09 PM EDT. Abaxx Technologies Inc. (TSX:ABXX, OTCQX:ABXXF) confronted recent share price decline to C$35.84, attributing it to unfounded accusations from Viceroy Research. The company reaffirmed no changes in its business strategy and highlighted its positive milestones, including a TSX listing and a C$69 million financing at C$54.25 per share. Abaxx emphasized its strict adherence to rules against wash trading, which is illegal and prohibited by Abaxx Exchange's policy. The firm detailed its comprehensive market surveillance program and market maker incentive strategies vital for liquidity and futures market growth. Investors were urged to review available trading data and financial disclosures, with an upcoming investor call scheduled for June 18, 2026, to provide further clarity.

Latest articles

TD Bank hits 52-week high as shares gain

TD Bank hits 52-week high as shares gain

17 June 2026
TD hit a 52-week high of C$167.86 after naming Geoff Bertram head of corporate and investment banking in a TD Securities reshuffle, as record wholesale banking earnings and strong capital returns fueled investor confidence amid a broader S&P/TSX rally.
MP Materials surges with G7 rare-earth push in focus

MP Materials surges with G7 rare-earth push in focus

17 June 2026
MP Materials surged 9% to $62.21 after G7 leaders agreed to cut rare-earth reliance on non-bloc suppliers and the Pentagon backed a $500 million Phoenix Tailings loan, spotlighting U.S. rare-earth stocks as policy moves drive sector gains; peers USA Rare Earth and Energy Fuels also rallied.
Coupang shares rise as market shrugs off South Korea privacy penalty

Coupang shares rise as market shrugs off South Korea privacy penalty

17 June 2026
Coupang shares surged 8.3% to $19.53 after disclosing $410 million in Korean privacy fines for Q2 and a bullish Outperform rating with a $24 target from CLSA, as investors weighed the impact of the finalized penalty, ongoing customer recovery, and analyst optimism against risks of further legal and competitive pressures.
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