Today: 18 June 2026

Snap Shares Climb as Debt Markets Send Signal

Snap Shares Climb as Debt Markets Send Signal

Snap Inc. shares surged nearly 7% after S&P Global Ratings upgraded its credit rating to BB- from B+, citing lower leverage, improved free cash flow, expected revenue growth, and cost savings, with the stock trading at $6.13 on heavy volume; the upgrade signals progress but Snap remains below its 52-week high and still faces execution risks tied to ad demand and spending.
4 June 2026
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Micron Drops as AI Memory Stocks Take a Hit

Micron Drops as AI Memory Stocks Take a Hit

Micron Technology plunged 8.3% to $989.46 after a chip-sector selloff triggered by Broadcom’s revenue miss, but analysts say the memory-chip shortage could last years, with Morgan Stanley raising its target to $1,050; risks remain as Raymond James warns DRAM and NAND prices may peak mid-2026, and supply chain groups caution AI data centers are straining chip availability.
4 June 2026
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Quantinuum starts $1.68B Nasdaq debut, quantum stocks watch

Quantinuum starts $1.68B Nasdaq debut, quantum stocks watch

Quantinuum raised $1.68 billion in a Nasdaq IPO at $60 per share—above its marketed range—giving investors access to a Honeywell-backed quantum computing pure-play as the U.S. government pledges $2 billion in quantum incentives, but the company posted a $192.6 million net loss on $30.9 million revenue in 2025 and remains reliant on a few customers, with Honeywell retaining about 48.1% ownership after the offering.
4 June 2026
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Splash Beverage Stock Climbs — NYSE Details for Traders

Splash Beverage Stock Climbs — NYSE Details for Traders

Splash Beverage soared 71% to $0.2420 after filing a plan to regain NYSE American compliance, with shares quoted at $0.3650 premarket as investors react to survival efforts amid expired Medterra CBD talks, a sharp revenue drop to $4,224, a $2.14 million loss, and just $381,195 in cash, leaving the company dependent on new deals and financing to avoid delisting.
4 June 2026
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Intel Shares Drop Even as Tech Climbs—AI Trade Not Enough

Intel Shares Dip Premarket Despite Foxconn AI Deal

Intel shares slid 3.71% to $108.53 premarket as a new AI partnership with Foxconn failed to offset a chip-sector selloff sparked by Broadcom’s disappointing results; investors face uncertainty as Intel and Foxconn gave no financial details, customer names, or launch timeline for their AI collaboration, raising questions about how soon the deal could boost revenue.
4 June 2026
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Nvidia Faces New AI Test After Broadcom Drop Hits Chip Stocks

Nvidia Faces New AI Test After Broadcom Drop Hits Chip Stocks

Nvidia shares slipped to $214.75 premarket as a Broadcom-led chip selloff rattled AI stocks, after Broadcom’s disappointing AI chip results and flat 2027 revenue target triggered a $315 billion market value drop; investors are questioning whether Nvidia’s rapid growth and dominance can keep matching sky-high expectations despite record Q1 revenue and expanded buybacks.
4 June 2026
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Alphabet Stock Eyes AI Raise as Google Parent Increases Target to $84.75 Billion

Alphabet Stock Eyes AI Raise as Google Parent Increases Target to $84.75 Billion

Alphabet shares slipped about 0.7% pre-market as investors reacted to its $84.75 billion equity raise to fund massive AI infrastructure spending, with the common-stock offering set to close today and a $10 billion Berkshire Hathaway investment anchoring the deal; 2026 capital expenditures are forecast at $180–$190 billion, with stock dilution and AI demand key risks.
4 June 2026
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Stock Market Today

  • Invest $14,000 in Rogers Sugar TSX Stock for $731 Annual Passive Income
    June 17, 2026, 9:30 PM EDT. Investing $14,000 in Rogers Sugar (TSX:RSI) offers a defensive dividend stock with stable cash flow from its near-duopoly in Canada's refined sugar market. The company reported a 10% increase in adjusted EBITDA to $38.3 million and a 15% rise in adjusted EPS to $0.14, beating analyst expectations. Management forecasts consistent financial performance in 2026, supported by healthy domestic sugar margins offsetting export declines. The ongoing $280-300 million LEAP expansion, on schedule for 2027, will boost production capacity and secure long-term cash flows. With a strong balance sheet and rising free cash flow reaching $92.5 million TTM, Rogers Sugar provides a reliable income source for long-term investors seeking passive income through dividends.

Latest articles

Wall Street Slips After Hours, Fed Flags Rate Risk

Wall Street Slips After Hours, Fed Flags Rate Risk

18 June 2026
S&P 500 plunged 1.2%, Nasdaq 1.3%, and Dow 507 points after the Fed held rates steady but signaled a possible hike, raising its 2026 rate forecast to 3.8% and PCE inflation projection to 3.6%; all 11 S&P sectors fell, megacap tech stocks slumped, and after-hours index ETFs stayed lower as traders face a shortened week before Juneteenth.
Meta Drops as Fed Signal Hurts Nasdaq, AI Bet Draws Scrutiny

Meta Drops as Fed Signal Hurts Nasdaq, AI Bet Draws Scrutiny

18 June 2026
Meta plunged 5.5% to $567.58, underperforming the Nasdaq, after the Federal Reserve signaled possible future rate hikes and a key Meta executive tied to AI-agent work departed, raising pressure on Meta to prove its costly AI investments can deliver returns as higher rates threaten future profit values.
Microsoft Drops as AI Spend Concerns, Fed Rate News Hit Shares

Microsoft Drops as AI Spend Concerns, Fed Rate News Hit Shares

18 June 2026
Microsoft plunged 3.8% to $378.91—outpacing the Nasdaq’s 1.3% drop—as investors reacted to a possible 2026 Fed rate hike and mounting scrutiny over Microsoft’s soaring AI spending, with capex projected at $190 billion for 2026 and a shareholder lawsuit alleging inadequate Azure growth disclosures adding further pressure.
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