Today: 18 June 2026

Uber shares trade higher as Nvidia robotaxi backing sparks new Europe competition

Uber shares trade higher as Nvidia robotaxi backing sparks new Europe competition

Uber surged 5.8% to $74.48 as it, Autobrains, and Nvidia announced a robotaxi rollout in Munich using Nvidia’s Drive Hyperion platform. Over 14 million shares traded. Reuters reported Prosus may block Uber’s Delivery Hero bid by raising its stake. Uber also bought 12.5% of Careem Technologies for $100 million. First-quarter trips rose 20%, gross bookings 25%, and adjusted EBITDA 33%. Munich rollout awaits regulatory approval.
Zoom Gains 11% as Anthropic IPO Filing Draws Spotlight to Its $1.27 Billion AI Stake

Zoom Gains 11% as Anthropic IPO Filing Draws Spotlight to Its $1.27 Billion AI Stake

Zoom shares soared nearly 11% to $114.56 after Anthropic filed confidentially for an IPO, spotlighting Zoom’s $1.27 billion stake in the AI firm. Zoom also launched ZoomMate, a $20/month AI tool that automates meeting tasks. Q1 revenue rose 5.5% to $1.239 billion. The company warned that Anthropic’s IPO timing and valuation could impact results, and competition from Microsoft, Google, and Cisco remains intense.
Alphabet Shares Dip as Google Stock Faces Another AI Hurdle

Alphabet Shares Dip as Google Stock Faces Another AI Hurdle

Alphabet shares fell 1.1% to $376.26 Monday, lagging the QQQ ETF’s 0.9% gain, as investors weighed AI-driven growth against soaring capex, now forecast at up to $190 billion for 2026. Piper Sandler and Truist raised price targets, citing AI and cloud momentum. EU draft rules threaten cloud contracts. DuckDuckGo’s “no-AI” search traffic surged after Google’s AI changes. Alphabet’s annual meeting is set for Friday.
Why AIM ImmunoTech Stock More Than Doubled Today After a Pancreatic Cancer Trial Surprise

Why AIM ImmunoTech Stock More Than Doubled Today After a Pancreatic Cancer Trial Surprise

AIM ImmunoTech shares soared over 100% to 92.79 cents on record volume after its pancreatic-cancer trial hit final subject enrollment ahead of schedule. The last patient is set for mid-June treatment, with the main Ampligen efficacy readout due in December. AIM recently raised $2.4 million in a discounted share offering, adding dilution risk. Monday’s rally came as biotech peers fell, highlighting stock-specific momentum.
Plug Power Turns Around but Cash Burn Stays in Focus

Plug Power Turns Around but Cash Burn Stays in Focus

Plug Power shares rose 0.8% to $3.98 as traders watched cash burn and liquidity after a $245.3 million Q1 net loss and $150 million operating cash outflow. Only $223 million of $802 million cash was unrestricted at quarter’s end. Plug expects $142 million from asset sales to close in June. Q1 revenue climbed 22% to $163.5 million; gross margin improved but stayed negative. Analyst targets ranged from $1.20 to $5.
Archer Aviation stock moves up as investors watch for 2026 air-taxi test

Archer Aviation stock moves up as investors watch for 2026 air-taxi test

Archer Aviation shares rose 0.8% to $6.87 as investors tracked its 2026 commercial launch targets and high cash burn. The company reported $1.6 million Q1 revenue, a $217.7 million net loss, and $1.78 billion in cash. Archer completed Phase 3 of FAA certification for its Midnight eVTOL, aims for first U.S. operations this year, and forecasts a Q2 adjusted EBITDA loss up to $200 million. No FAA-certified eVTOLs are in U.S. commercial use yet.
SanDisk’s 4,000% Stock Run Just Got a $3,250 Wall Street Target

SanDisk’s 4,000% Stock Run Just Got a $3,250 Wall Street Target

Susquehanna hiked its SanDisk price target to $3,250 as shares traded at $1,768.85, up $73.87. SanDisk posted Q3 revenue of $5.95 billion, up 251%, and forecasted up to $8.25 billion for Q4. Five long-term supply deals, including $42 billion in minimum revenue, underpin the rally. Analysts cite AI-driven NAND demand, tight supply, and new contracting as catalysts, but warn on risks if NAND prices or AI orders falter.
1 June 2026
Robinhood Drops After Supreme Court Decision Brings IPO Dispute Back

Robinhood Drops After Supreme Court Decision Brings IPO Dispute Back

Robinhood shares fell 4.5% to $90.07 after the Supreme Court sought input from the Trump administration on whether to hear a class-action case over its 2021 IPO disclosures. The stock traded between $85.60 and $94.88 on volume of 28.3 million. Robinhood launched new child investment accounts and AI trading agents, but crypto revenue dropped 47% last quarter. Market cap stood at $82.4 billion, about 44 times earnings.
1 June 2026
Twilio Stock Surges As AI Turnaround Pulls Wall Street Back In

Twilio Stock Surges As AI Turnaround Pulls Wall Street Back In

Twilio shares surged 14.7% to $218.75 after raising its 2026 outlook and reporting first-quarter revenue up 20% to $1.41 billion. Analysts cited gross-profit growth and AI-driven demand. The company lifted its 2026 revenue growth forecast to 14%-15% and non-GAAP operating income to up to $1.10 billion. Gross margin slipped to 49% as carrier fees rose. Market cap reached $34.5 billion.
Hitek Global Stock Jumps on Reverse Split; HKIT Active Today

Hitek Global Stock Jumps on Reverse Split; HKIT Active Today

Hitek Global Inc. shares soared over 4x to $6.18 in heavy Nasdaq trading after a 1-for-3 reverse split shrank Class A shares to 774,807. Fiscal 2025 revenue hit $6.5 million, up from $2.9 million, with net income swinging to $180,142 from a $896,690 loss. Gross margin fell to 10.6%. SEC filings warn of delisting risk if prices stay below $1, and future equity sales could dilute holders.
1 June 2026
Anthropic IPO Filing Faces Wall Street’s $965 Billion Challenge

Anthropic IPO Filing Faces Wall Street’s $965 Billion Challenge

Anthropic has confidentially filed a draft S-1 for a planned IPO after raising $65 billion at a $965 billion valuation. Annualized revenue reached $47 billion in May, but losses persist. Claude faces rivals OpenAI and Google. Investor Michael Burry warned the $1 trillion valuation may not hold. Uncertainty surrounds a key compute deal with SpaceX, whose AI unit lost $2.5 billion last quarter. Public filing could reveal revenue, losses, and customer details for the first time.
Oracle Stock Moves Higher as AI Backlog Draws Focus

Oracle Stock Moves Higher as AI Backlog Draws Focus

Oracle surged over 8% to $244.73 after beating Q3 earnings forecasts and reporting a 44% jump in cloud revenue. Remaining performance obligations soared 325% to $553 billion. Oracle projects $67 billion in fiscal 2026 revenue and $50 billion in capital spending. Bearish bets surfaced, with a $1.07 billion put-options position disclosed. Investors now watch if AI contracts convert fast enough to offset heavy data-center costs.
MP Materials Stock Jumps as Wall Street Moves on Rare-Earth Play

MP Materials Stock Jumps as Wall Street Moves on Rare-Earth Play

MP Materials surged 7.7% to $69.70 after Needham initiated coverage with a Buy rating and $81 target, citing MP’s advantage over new entrants. First-quarter revenue jumped 49% to $90.6 million, with record NdPr output and sales, though net loss was $8 million. Shares outpaced major indexes. USA Rare Earth rose 6.3% after announcing a possible €175 million France investment. Rare-earth sector faces price volatility and project risks.
1 June 2026
MARA Stock Climbs While Bitcoin Sinks — The AI Power Bet Traders Are Watching

MARA Stock Climbs While Bitcoin Sinks — The AI Power Bet Traders Are Watching

MARA Holdings jumped 4% to $14.95 as investors reacted to its $1.5 billion Long Ridge Energy & Power deal, aiming to shift from bitcoin mining to AI data infrastructure. The company sold 20,880 bitcoin last quarter for $1.5 billion but posted a $1.26 billion net loss as revenue dropped. Analyst targets range from $7 to $27. The Long Ridge deal faces regulatory hurdles; further bitcoin declines could pressure earnings.
TSMC Shares Up After Nvidia’s AI PC Push Brings Focus Back to Taiwan Chipmaker

TSMC Shares Up After Nvidia’s AI PC Push Brings Focus Back to Taiwan Chipmaker

TSMC’s U.S. shares jumped 5.4% to $441.09 after Nvidia unveiled its new AI-focused RTX Spark chip in Taipei. Investors pushed TSMC’s ADRs higher on strong demand for its advanced chip manufacturing and tight capacity. TSMC forecasts Q2 revenue of $39.0–$40.2 billion and gross margin up to 67.5%. Taipei shares held steady, while TAIEX hit a record 45,338. TSMC’s next sales update is due June 10.
BlackBerry heads for $10 again as QNX bet draws interest

BlackBerry heads for $10 again as QNX bet draws interest

BlackBerry’s U.S. shares jumped 7.8% to $9.70, Toronto shares hit a 52-week high, driven by investor focus on QNX software for robotics and secure communications. QNX posted 20% Q4 revenue growth to $78.7 million, with a $950 million royalty backlog. BlackBerry guides for Q1 revenue above forecasts. AtHoc platform secured FedRAMP Class D High re-certification. Next results due June 25.
1 June 2026
UiPath Shares Jump Almost 10% as AI Test Arrives for PATH

UiPath Shares Jump Almost 10% as AI Test Arrives for PATH

UiPath surged nearly 10% to $12.88 after Q1 revenue beat at $418M, guidance raised, and first GAAP profit posted. Annualized renewal run-rate climbed 12% to $1.901B. Analyst targets mostly unchanged; consensus neutral, average $14.48. BofA remains Underperform, citing AI competition and sustainability doubts. Microsoft and ServiceNow expanding in AI agents. UiPath warns on ARR risks, customer retention, and reliance on third-party AI models.
Rigetti Shares On The Move As Quantum Trade Faces Another Test

Rigetti Shares On The Move As Quantum Trade Faces Another Test

Rigetti Computing jumped 3.4% to $26.41 after quantum error-correction research hit Nature Communications and investors reacted to last week’s U.S. funding news. Over 35 million shares traded before noon. Market cap neared $8.8 billion despite Q1 revenue of $4.4 million and a $26 million operating loss. The company signed a letter of intent for up to $100 million in CHIPS Act funding, with the government set to take an equity stake.
Oil pushes toward $100 with Iran talks failing, Hormuz risk back

Oil pushes toward $100 with Iran talks failing, Hormuz risk back

Brent crude surged 6.6% to $97.14 after Iran halted indirect talks with the U.S., raising fears of a Strait of Hormuz blockade. U.S. crude jumped 7.7% to $94.04. Iran-backed groups may target key oil routes. Israeli forces advanced in Lebanon as ceasefire talks faltered. OPEC+ eyes a July output hike, but Gulf supply faces risk. China’s oil demand softened, prompting Saudi Arabia to cut July prices for Asia for a second month.
1 June 2026
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Stock Market Today

  • Apple's Price Hikes Boost Semiconductor Markets in South Korea and Taiwan
    June 18, 2026, 5:53 AM EDT. Apple CEO Tim Cook's announcement of 'unavoidable' price increases to offset microchip costs coincided with South Korean and Taiwanese semiconductor stocks hitting all-time highs. The rise reflects investor confidence in chipmakers benefitting from higher prices and sustained demand. Apple's cost pressures underscore supply chain challenges while lifting emerging Asian markets. Semiconductor firms in these tech hubs lead gains, driving regional indices to record levels amid global chip shortages and inflationary trends. This dynamic highlights the interconnectedness of Apple's pricing strategy and the booming semiconductor sector in key emerging markets.

Latest articles

Allbirds rallies after Smartbird AI pivot puts BIRD in focus

Allbirds rallies after Smartbird AI pivot puts BIRD in focus

18 June 2026
Smartbird shares soared 39.09% to $5.48 after naming ex-AWS executive Nadia Carlsten CEO, selling its Allbirds footwear assets, doubling its convertible financing to $100 million, and pivoting fully to AI infrastructure, as investors weigh the company’s prospects beyond shoes amid ongoing execution and funding risks.
SoFi stock rises premarket after CEO Anthony Noto buys shares again

SoFi stock rises premarket after CEO Anthony Noto buys shares again

18 June 2026
SoFi shares jumped 3.44% pre-market to $18.02 after CEO Anthony Noto disclosed buying 13,888 shares, boosting his stake to nearly 12 million, following a weak close and hawkish Fed signals; the insider purchase stands out as a key catalyst for the stock ahead of a shortened trading week, as investors weigh rate risks and mixed business segment performance.
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