Today: 18 June 2026

Palantir Faces AI Trader Test as Stock Rally Draws Bulls

Palantir Faces AI Trader Test as Stock Rally Draws Bulls

Palantir closed Monday up 2.63% at $160.65, but premarket quotes Tuesday showed a 3.37% drop to $155.24. First-quarter revenue soared 85% to $1.633 billion, with U.S. commercial revenue up 133%. The company raised its 2026 outlook. Citi and Rosenblatt hiked targets to $225, while DA Davidson and HSBC cut theirs, citing competition. CEO Karp highlighted U.S. demand. UK government contracts drew new criticism.
2 June 2026
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UiPath Faces Three-Day Test for AI Stock Rebound

UiPath Stock Move Makes Wall Street Revisit AI Automation

UiPath surged 11.77% to $13.10 on Monday after Q1 revenue rose 17% to $418 million and guidance improved, but analysts stayed cautious. Annualized renewal run-rate hit $1.901 billion. CEO Dines called it a “strong start”; management cited GAAP profitability. IceVulcan, controlled by Dines, may sell up to 2.975 million shares. Risks flagged include slow ARR growth and competition from Microsoft and Salesforce.
2 June 2026
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American Airlines Stock Gets Wall Street Lift, But Traders Aren’t Convinced

American Airlines Stock Gets Wall Street Lift, But Traders Aren’t Convinced

American Airlines traded at $14.34 premarket after a 2.05% drop, despite Morgan Stanley raising its price target to $24. Rising fuel costs and removal from the Dow Jones Transportation Average weighed on the stock. CEO Robert Isom reaffirmed full-year guidance, projecting $4–$5 billion in extra fuel costs. April’s record Q1 revenue came with a $382 million net loss. American refinanced $1.85 billion in loans, extending maturity to 2033.
2 June 2026
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Rigetti Draws Trader Interest With Quantum Advance, Insider Selling Also in Focus

Rigetti Draws Trader Interest With Quantum Advance, Insider Selling Also in Focus

Rigetti rose 0.3% premarket to $25.63 after researchers using its hardware published quantum error correction results in Nature Communications. CEO Subodh Kulkarni and CTO David Rivas sold shares after exercising options, filings show. Rigetti has a letter of intent for up to $100 million in U.S. quantum funding, but the deal isn’t final. Q1 revenue was $4.4 million with a $26 million operating loss; cash stood at $569 million as of March 31.
2 June 2026
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Plug Power Slips Premarket as Hydrogen Firm’s Turnaround Runs Into Cash Questions

Plug Power Slips Premarket as Hydrogen Firm’s Turnaround Runs Into Cash Questions

Plug Power traded at $3.94, down 0.3% premarket, as investors awaited CFO remarks at RBC Capital’s Manhattan event. Shares slipped after a Q1 report showed revenue up 22% to $163.5 million and narrowed adjusted losses, but cash burn remains a concern. Plug ended March with $223 million in unrestricted cash and expects $142 million from a deal in June. Execution risk and margin pressure persist as new UK project moves forward.
2 June 2026
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Fluence Energy pops 44% on Nvidia news. The AI power trade sees fresh action

Fluence Energy pops 44% on Nvidia news. The AI power trade sees fresh action

Fluence Energy surged 44% to $27.15 after Siemens named it in a new AI data center power design with Nvidia and nVent. Nvidia rose 6.3%, nVent 2.8%. Fluence’s battery storage is featured for backup and grid support in Nvidia’s DSX AI centers. Q2 revenue hit $464.9 million, net loss $29.2 million, backlog $5.6 billion. Risks remain: reference designs aren’t orders, and backlog may not convert to revenue if projects stall.
2 June 2026
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Meta Shares Sink on AI Spending Plans — Street Eyes $145 Billion

Meta Shares Sink on AI Spending Plans — Street Eyes $145 Billion

Meta shares slid 5.1% to $600.47 Monday as investors questioned its $125–$145 billion AI capex plan. Alphabet’s $80 billion AI funding move sharpened focus on Big Tech spending. Bank of America urged clients to favor “capex takers” over “crowded AI spenders” like Meta. First-quarter ad revenue rose 33%, but daily active users slipped from last quarter. Legal and operational risks remain, with lawsuits and rising costs in play.
2 June 2026
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Alibaba up 6% as China tech stocks get a lift from AI trade

Alibaba up 6% as China tech stocks get a lift from AI trade

Alibaba shares jumped 6.5% in Hong Kong to HK$130.80, trading as high as HK$131.20 amid a tech rally. Investors targeted Chinese internet stocks linked to AI adoption. Quarterly revenue rose 3% but missed estimates; adjusted EBITA plunged 84% on AI and cloud spending. Cloud revenue surged 38% with AI products making up 30% of external sales. Board approved a $0.13125 per share dividend for fiscal 2026.
2 June 2026
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HPE Stock Jumps in Premarket as Wall Street Raises Estimates on AI Orders

HPE Stock Jumps in Premarket as Wall Street Raises Estimates on AI Orders

HPE surged 28.7% to $60.96 premarket after smashing Q2 estimates with $10.7B revenue and 79¢ EPS, citing record AI server and networking demand. Fiscal 2026 revenue growth outlook raised to 29%–33%, with adjusted EPS of $3.35–$3.45 and free cash flow at least $3.5B. Networking revenue soared 148.2% to $2.7B, driven by Juniper. Management flagged a record backlog and price hikes on server memory.
2 June 2026
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Marvell shares rise as new AI switch draws fresh interest from Wall Street

Marvell shares rise as new AI switch draws fresh interest from Wall Street

Marvell shares jumped nearly 7% to $219.43 after launching the Teralynx T100, a 102.4 Tbps switch chip for AI data centers. The company recently raised its long-term revenue outlook on higher AI demand and forecasts $2.7 billion in Q2 revenue. Marvell’s data-center business topped analyst estimates and is expected to grow about 50% this year. Market cap stands at $196 billion, with shares trading at about 75 times earnings.
2 June 2026
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Nokia Stock Jumps Again as AI Bet Grips Helsinki Market

Nokia Stock Jumps Again as AI Bet Grips Helsinki Market

Nokia jumped 5.24% to €14.26 in Helsinki after its U.S. ADR surged 9.50% to $16.25, fueled by a 49% rise in Q1 sales to AI and cloud customers and a maintained 2026 profit outlook. OMX Helsinki 25 gained 1.37%. Nokia expects AI and cloud market growth at 27% CAGR from 2025–2028. Insider bought 44,682 NYSE shares. Risks flagged include competitive pressure, spending changes, and supply-chain disruption.
2 June 2026
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Nvidia Shares Fall Even as AI Stocks Break Records, Traders Eye Taiwan

Nvidia Stock Surges 6% as Jensen Huang’s New AI PC Chip Targets AMD and Intel

Nvidia surged 6.26% to $224.36 after unveiling RTX Spark, a 1-petaflop AI chip for Windows PCs, pushing its value to $5.47 trillion and lifting the Nasdaq and S&P 500 to record closes. Microsoft shares rose 2.3% on the partnership; Qualcomm fell 8.8%, Intel dropped 4.7%. CEO Jensen Huang confirmed strong demand but said Nvidia remains supply constrained, citing reliance on Taiwan-based suppliers as a key risk.
2 June 2026
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Bitcoin Dips Below $70,000 After Small Strategy Sale

Bitcoin Dips Below $70,000 After Small Strategy Sale

Bitcoin fell below $70,000 as Strategy disclosed its first bitcoin sale—32 coins for $2.5 million—to pay preferred stock distributions. The company still holds 843,706 bitcoin. U.S. spot bitcoin ETFs posted 11 straight days of redemptions, totaling $3.45 billion. Ether traded under $1,980. Crypto funds saw $1.67 billion in outflows last week. Iran halted indirect U.S. talks, sending Brent crude near $94.45.
2 June 2026
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Anthropic Launches Claude AI Finance Agents to Take On Wall Street’s Grunt Work

Anthropic quietly files for IPO as Wall Street eyes AI deal flow

Anthropic filed confidential IPO documents in the U.S. after raising $65 billion at a $965 billion valuation, with run-rate revenue topping $47 billion in May. The Claude developer hasn’t disclosed share count or price. Analysts cite missing financial details and high spending on AI. IPO timing and terms remain unsettled; a public S-1 is the next key step. Tech shares surged 2.5% Monday as AI stocks drove the Nasdaq and S&P 500 to new highs.
2 June 2026
SpaceX insiders get early chance to sell before $75 billion IPO

SpaceX insiders get early chance to sell before $75 billion IPO

SpaceX set aside 5% of IPO shares for select employees and others chosen by executives, with no standard lock-up. The company targets a $75 billion raise at a $1.75 trillion valuation, aiming to list on Nasdaq as SPCX. Elon Musk will retain 85.1% voting power. Starlink was the only profitable division last quarter; the AI unit lost $2.47 billion. Anthropic will pay SpaceX $1.25 billion monthly for AI compute through 2029.
2 June 2026
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OpenAI Faces New Valuation Hurdle in $1 Trillion IPO Push

OpenAI’s $1 Trillion IPO Target Takes a New Twist

Anthropic has filed a confidential draft registration for an IPO, moving ahead of OpenAI in the race to go public. OpenAI, valued at $852 billion after its March funding round, is preparing its own IPO filing with Goldman Sachs and Morgan Stanley. Microsoft holds about 27% of OpenAI Group. Investors are watching if private AI valuations near $1 trillion will hold up under public scrutiny.
2 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 02.06.2026

LIVEMarkets rolling coverageStarted: June 2, 2026, 4:00 AM EDTUpdated: June 3, 2026, 3:59 AM EDT Australia Shares Near One-Month High on Miner Rally, BHP Hits Record June 3, 2026, 3:59 AM EDT. Australian shares climbed to a near one-month high on Wednesday, led by mining stocks after BHP reached a record peak. The S&P/ASX 200 index rose 0.4% to 8,754.70, buoyed by gains in commodity prices. Economic data showed GDP growth slowed to 0.3% in Q1, reinforcing expectations of a pause in interest rate hikes by the Reserve Bank of Australia. Domestic miners rose 1.8%, with BHP up over 2%
2 June 2026
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Asia Stocks Hold Up as AI Demand Lifts Sentiment, but Korea Signals Caution

Asia Stocks Hold Up as AI Demand Lifts Sentiment, but Korea Signals Caution

Hang Seng surged 2.28% and Shanghai Composite rose 0.43% as AI stocks drew buyers, offsetting a 0.3% Nikkei dip. Anthropic confidentially filed for a U.S. IPO after a $965 billion valuation. Nvidia’s CEO said supply remains tight despite robust growth. Alphabet plans to raise $80 billion for AI, including $10 billion from Berkshire Hathaway. South Korea’s CPI jumped 3.1% in May, fueling rate hike bets. Oil and Middle East risks kept market tone cautious.
2 June 2026
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India Shares Rise as IT Gains Offset Oil Surge, Foreign Outflows

India Shares Rise as IT Gains Offset Oil Surge, Foreign Outflows

Nifty 50 rebounded 0.18% to 23,425.40 by midday as IT stocks surged, offsetting losses in oil and banks and heavy foreign selling. Nifty IT jumped 4.18%, led by Infosys and TCS. Oil held near $94 a barrel, rupee slipped to 95.15 per dollar. NHPC fell after a government share sale at a floor price 8% below last close. RBI’s June 5 policy decision seen as key event risk; most economists expect no rate change.
2 June 2026
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FTSE 100 Bounces with EasyJet Bid Pushing UK Stocks Into Spotlight

FTSE 100 Bounces with EasyJet Bid Pushing UK Stocks Into Spotlight

FTSE 100 rises 0.28% to 10,367.71 after Monday’s Middle East-driven drop; Brent crude slips 0.57% to $94.44. EasyJet in focus as Castlelake eyes a possible bid before June 26 deadline, holding 2.14% stake and valuing shares at not less than 403.23p. Drax to buy Bluefield Solar Income Fund for £561 million. UK house prices fall 0.6% in May, first drop since December. Factory prices post fastest rise since June 2022.
2 June 2026
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Stock Market Today

  • Kingfisher PLC Completes First Tranche of £300m Share Buyback
    June 18, 2026, 4:26 AM EDT. Kingfisher PLC has completed the first tranche of its £300 million share repurchase programme announced in March 2026. BNP Paribas acquired 26.65 million shares on Kingfisher's behalf, spending £75 million to buy back shares for cancellation. The repurchase programme aims to reduce the number of shares outstanding, potentially increasing shareholder value. Details regarding the second tranche will be released in due course.

Latest articles

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

US Stock Market Today: Live Updates 18.06.2026

18 June 2026
LIVEMarkets rolling coverageStarted: June 18, 2026, 4:00 AM EDTUpdated: June 18, 2026, 4:34 AM EDT National Stock Exchange files draft IPO with SEBI, aiming for record 30,000 crore rupees valuation June 18, 2026, 4:34 AM EDT. The National Stock Exchange (NSE) has filed a draft red herring prospectus with SEBI to launch its Initial Public Offering (IPO), marking a decade since its IPO proposal in 2016. NSE plans to sell about 6% equity through an Offer for Sale by existing shareholders, including State Bank of India, Bank of Baroda, and foreign investors like Canada Pension Plan. Valued at approximately 5
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.
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