Today: 18 June 2026

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 04.06.2026

LIVEMarkets rolling coverageStarted: June 4, 2026, 4:00 AM EDTUpdated: June 5, 2026, 3:59 AM EDT Tom Lee’s BitMine Plans $300M Preferred Stock Offering to Fund Ethereum Staking June 5, 2026, 3:55 AM EDT. Ethereum treasury firm BitMine aims to raise $300 million via 3 million preferred shares offering, paying a 9.5% annual cash dividend. The Series A shares, with $100 stated amount each, pending board approval, will support ETH purchases, staking, and validator infrastructure. BitMine, shifting from Bitcoin mining to Ethereum treasury, holds over 5.4 million ETH (~4.48% of supply) valued at around $1 billion. Staking through its MAVAN platform
4 June 2026
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Nu Holdings Shares Fall After Analyst Downgrades and CFO Change

Nu Holdings Shares Fall After Analyst Downgrades and CFO Change

Nu Holdings sank 2.43% to $11.64 after a second analyst downgrade in two days, as Susquehanna and BofA cited falling margins, rising credit risk, and uncertainty from an upcoming CFO change; credit loss allowances jumped 33% last quarter, while risk-adjusted net interest margin fell to 9.5%, raising concerns about Nu’s growth premium amid broader weakness in Brazilian bank stocks.
4 June 2026
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Veeva Shares Drop Despite Earnings Beat, Investors Eye AI Move

Veeva Shares Drop Despite Earnings Beat, Investors Eye AI Move

Veeva shares slid 2.3% to $178.69 and dropped further after hours despite beating Q1 estimates and raising 2027 guidance, as investors weighed AI spending and CRM migration risks; management highlighted rapid AI progress and Vault CRM growth, but warned customer transitions could cause disruption, with Salesforce winning commitments from some large clients.
4 June 2026
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Delta to Add Second Delta One Lounge at LAX with LA28 Approaching

Delta to Add Second Delta One Lounge at LAX with LA28 Approaching

Delta Air Lines will open a second Delta One Lounge at LAX this summer, just as it launches nonstop service to Hong Kong and three daily flights to Chicago, aiming to capture more premium traffic and reinforce its position as the largest global carrier at LAX ahead of the 2028 Olympics; details on lounge size, cost, and full amenities remain undisclosed.
4 June 2026
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Stock Market Today

  • Canaan CEO Zhang Nangeng Buys 500,000 ADS in Open Market
    June 17, 2026, 10:46 PM EDT. Canaan Inc. (ticker: CAN) Chief Executive Officer Zhang Nangeng purchased 500,000 American Depositary Shares (ADS) on June 15, 2026. The purchase, disclosed in an SEC Form 4 filing, reflects a direct acquisition of shares by the company executive. This move may signal confidence from Canaan's leadership in the company's prospects. ADS represent shares of a foreign company traded on U.S. exchanges, allowing investors to buy shares without dealing with cross-border transactions. Zhang's transaction enhances his stake in Canaan, a key player in blockchain technology and cryptocurrency mining hardware.

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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