Today: 18 June 2026

Ondas Shares Jump 46% in a Week After Order Spike, Shareholder Vote Looms, Risk Remains

Ondas Traders Pause After Pre-Market Jolt From Navy Deal

Ondas shares dropped 2.1% pre-market after CEO Eric Brock sold 2.4 million shares to cover tax on vested stock units, despite World View’s $4.8 million U.S. Navy contract win and a rising backlog; investors are watching if Ondas can convert its $457 million backlog into revenue as near-term insider selling weighs on sentiment.
3 June 2026
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Rigetti moves up, but new filings keep quantum trades on edge

Rigetti moves up, but new filings keep quantum trades on edge

Rigetti Computing shares jumped 4.9% to $26.88, boosting its market value to $9.0 billion as insider filings showed CEO Subodh Kulkarni and CTO David Rivas sold shares after option exercises, while investors weighed a proposed $100 million Commerce Department funding deal that could speed up R&D but may dilute shareholders if finalized; the company posted Q1 revenue of $4.4 million and an operating loss of $26.0 million.
3 June 2026
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BlackBerry Rallies 19%; Quiet Holiday Week Could Test QNX Momentum

BlackBerry Shares Jump as Investors Bet on QNX

BlackBerry’s U.S. shares surged to a 52-week high, closing up 6.17% at $10.32 after CFO Tim Foote declared the company’s turnaround “complete” and QNX is now driving growth, but with earnings due June 25, investors await proof that revenue gains justify the rally as QNX faces competition and unpredictable government sales.
3 June 2026
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Nu Holdings Stock Falls After CFO Departs

Nu Holdings Stock Falls After CFO Departs

Nu Holdings plunged 8.16% to $11.93, near a one-year low, after BofA Securities downgraded the stock to Underperform and Nubank named former Visa executive Rob Livingston as CFO, raising investor focus on leadership transition, credit quality, and execution in Brazil and Mexico as non-performing loans and credit loss allowances climbed last quarter.
3 June 2026
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US stocks notch new highs with AI trade still in focus

Wall Street Record Faces Latest Test After Hours: AI Hype, Oil, Rates, Jobs Collide

Hewlett Packard Enterprise soared after a strong quarter put it on track to hit long-term financial targets two years early, fueling gains in AI hardware stocks and driving the Philadelphia SE Semiconductor Index up 5.9%, even as after-hours trading stayed cautious and software names lagged.
3 June 2026
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Snap Lags Nasdaq, Turnaround Pressure Rises

Snap Lags Nasdaq, Turnaround Pressure Rises

Snap Inc. shares slid 1.5% to $5.76 Tuesday—about 45% below last July’s high—even as the broader market rose, spotlighting investor doubts about Snap’s turnaround despite first-quarter revenue growth, narrowed losses, and major cost cuts; ad growth remains sluggish and the upcoming Specs update on June 16 is seen as a key test for future revenue momentum.
3 June 2026
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Corning shares move after AI news

Corning shares move after AI news

Corning soared 13.4% to $200.40 on heavy volume after Nvidia’s CEO spotlighted the need for optical links in AI data centers, with Corning’s recent Nvidia and Meta deals making it a top play on AI infrastructure; first-quarter core sales jumped 18% and optical sales surged 36%, but investors face risks from consumer electronics demand and execution on new factory expansions.
3 June 2026
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Quantum computing stocks face a holiday week after IonQ stake filing and a Rigetti downgrade

IonQ Stock Jumped Again. A Giant Quantum IPO Is Putting the Trade on Trial

IonQ shares closed up 3.1% at $71.40 before slipping 1.3% after hours as traders positioned ahead of Quantinuum’s upsized IPO, which seeks up to $1.46 billion at a $14.3 billion valuation; IonQ’s Q1 revenue surged 755% to $64.7 million with a raised 2026 outlook, but a $271.5 million operating loss and guidance for continued high expenses highlight risks as Wall Street awaits new sector benchmarks.
3 June 2026
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Xos Surges After Hours as Data-Center Power Play Hits Tape

Xos Surges After Hours as Data-Center Power Play Hits Tape

Xos shares soared 135.8% to $5.26 in after-hours trading after launching a 2.5MWh Power Hub for data centers facing grid delays, but the company warned of "substantial doubt" about its ability to continue as a going concern, with just $9.8 million in cash at March 31 and no large orders yet announced for the new product.
3 June 2026
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Stock Market Today

  • Cult.fit Plans Rs 3,500-4,000 Crore IPO Filing After Turning EBITDA Positive
    June 18, 2026, 1:05 AM EDT. Cult.fit is set to file a draft red herring prospectus (DRHP) for an initial public offering (IPO) worth Rs 3,500-4,000 crore this month. The health and fitness company reported a positive earnings before interest, taxes, depreciation, and amortisation (EBITDA) in the last quarter of fiscal year 2026. Revenues surged 40% year-on-year, exceeding Rs 1,700 crore. The IPO move marks a significant milestone as the firm aims to expand its market presence and consumer base amid growing interest in health and wellness sectors in India.

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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