Today: 17 June 2026

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
NuScale shares rise 5% as investors watch small-nuclear sector test

NuScale Stock Plunges as the Nuclear Boom Trade Hits a Wall

NuScale Power plunged 12.6% to $10.50 in late trading Friday as Wall Street’s sharp selloff hammered technology-linked and speculative power stocks, with investors reacting to a hawkish Fed outlook and recent analyst caution on NuScale’s near-term prospects despite its NRC-approved reactor design and $1 billion in liquidity.
5 June 2026
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Amazon shares drop as investors react to rate jolt, AI rally cools

Amazon shares drop as investors react to rate jolt, AI rally cools

Amazon shares plunged 3.1% to $246.03 with over 55 million shares traded after a strong U.S. jobs report fueled fears of prolonged high interest rates, putting pressure on fast-growing tech stocks despite Amazon’s new $4 billion AWS deal with Pinterest, upgraded AI warehouse robots, and rising sales; investors weighed AWS growth and AI investments against falling free cash flow and higher capital spending.
5 June 2026
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BitMine shares fall after $280 million Ethereum move draws scrutiny

BitMine shares fall after $280 million Ethereum move draws scrutiny

Argentina’s official peso rate surged to 1,460 per U.S. dollar, overtaking the informal “blue” dollar and posting one of its sharpest weekly rises of the year, as investors test the government’s exchange-rate bands ahead of seasonal dollar demand, with open interest in dollar futures jumping by 150,000 contracts and the BCRA’s June survey projecting a December rate of 1,658 pesos per dollar.
5 June 2026
Azul claims cargo shipping time can drop from 10 days to 3 days

Azul claims cargo shipping time can drop from 10 days to 3 days

Azul Logística has launched a dedicated Campinas–Porto Velho freighter route, slashing delivery times to Brazil’s North from over 10 days to as little as 3–4, as part of its post-bankruptcy push for “responsible growth”; investors should watch load factors and demand, as success hinges on filling new Airbus A321P2F flights amid fierce competition and infrastructure challenges.
5 June 2026
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Stock Market Today

  • Coffee Prices Rise on Brazil Harvest Delays and Tighter Supplies
    June 17, 2026, 4:58 PM EDT. Coffee prices extended a rally to five-week highs amid concerns over rain delays in Brazil's coffee harvest. July arabica and robusta contracts rose 0.22% and 0.30%, respectively. Persistent wet weather forecast in Brazil, the world's top coffee producer, threatens 2026/27 output. ICE arabica inventory hit a 2.25-year low, supporting prices, despite a recent dry weather outlook. El Niño developments raise risks for next year's crop, with NOAA warning of a potential strong impact. However, US and Rabobank forecasts predict a record Brazil crop and global surplus in 2026/27. Meanwhile, robusta faces pressure from increased Vietnamese exports and production forecasts. Disruptions at the Strait of Hormuz add bullish pressure to global coffee supplies.

Latest articles

Vertiv shares rise as AI data center names get bid ahead of US holiday

Vertiv shares rise as AI data center names get bid ahead of US holiday

17 June 2026
Vertiv shares jumped 7.3% to $321.49 late Wednesday, outpacing a falling market as investors piled into the AI data-center supplier after strong Q1 sales growth, raised 2026 guidance, and the completed ThermoKey acquisition, but with the stock trading at 81 times earnings, any slowdown in AI infrastructure demand or hyperscale spending could pressure its premium valuation.
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