Today: 18 June 2026

POET Technologies up 17% as traders look at AI orders, lawsuit timing, Marvell selloff

POET Technologies up 17% as traders look at AI orders, lawsuit timing, Marvell selloff

POET Technologies surged 16.7% to $14.34 on Nasdaq as over 36 million shares traded after new law firm reminders about a June 29 lead-plaintiff deadline in a securities case tied to April’s selloff. The stock’s rebound follows a $50 million Lumilens order, $400 million financing, and Q1 revenue jump, but legal risks and reliance on AI data-center deals remain. POET aims to move its headquarters to the U.S. to avoid PFIC tax issues.
1 June 2026
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D-Wave shares trade higher on new 2032 quantum plan

D-Wave shares trade higher on new 2032 quantum plan

D-Wave Quantum shares rose 1.2% to $30.50 after unveiling a gate-model quantum roadmap targeting 100 logical qubits by 2032. The company aims for a 17-physical-qubit system in 2026 and 181 by 2028. Q1 revenue dropped 81% to $2.9 million, while bookings hit $33.4 million. Cash and securities reached $588.4 million. D-Wave signed a letter for $100 million in possible CHIPS Act funding but warned its technology may face delays or miss targets.
1 June 2026
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Meta Stock Is Sliding While Tech Hits Records—Here’s Why Wall Street Is Nervous

Meta Stock Is Sliding While Tech Hits Records—Here’s Why Wall Street Is Nervous

Meta Platforms shares slid 4.3% to $605.45, near session lows, even as tech stocks and Nvidia rallied. Investors weighed Meta’s plan to boost 2026 capital spending to $125–$145 billion, up from $115–$135 billion, despite strong Q1 revenue and ad growth. Bank of America flagged Meta as a “crowded AI spender.” Regulatory scrutiny over employee data use in Europe added pressure. Meta declared a $0.525 dividend, payable June 25.
1 June 2026
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Marvell Shares Tick Up After Latest AI Move

Marvell Shares Tick Up After Latest AI Move

Marvell Technology surged 9% to $223.36 after launching the Teralynx T100, a 102.4 Tbps switch chip for AI and cloud data centers. Fiscal Q1 revenue hit $2.418 billion, up 28%, with Q2 guidance at $2.70 billion. Barclays raised its price target to $275. Marvell targets over $10 billion in custom chip sales for fiscal 2029, but 82% of 2026 sales depend on 10 clients, and supply risks remain.
1 June 2026
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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.
1 June 2026
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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.
1 June 2026
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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.
1 June 2026
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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.
1 June 2026
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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.
1 June 2026
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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.
1 June 2026
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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
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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
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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.
1 June 2026
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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
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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.
1 June 2026
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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.
1 June 2026
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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
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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.
1 June 2026
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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.
1 June 2026
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Stock Market Today

  • Entergy Louisiana's $13.5M grid upgrades tested by Arthur storm remnants
    June 18, 2026, 6:47 AM EDT. Entergy Louisiana is field-testing its grid-hardening projects as the remnants of post-tropical storm Arthur threaten heavy flooding across the Southeast. The utility's $13.5 million upgrade in St. Bernard Parish, involving reinforcement and replacement of about 640 poles designed to withstand winds up to 150 mph, aims to reduce outages and repair costs. Coupled with underground cable work in Algiers, these measures are part of Entergy's broader $2 billion, 10-year resilience plan covering 3,240 miles of lines and 62,000 structures. Early results are pending but Entergy projects $24 million in future restoration savings and $117.5 million in maintenance benefits over 50 years. The storm's impact is a practical test of the investments amid increasing regulator and customer scrutiny.

Latest articles

Dow Futures Edge Up as Oil Drops, Traders Watch Fed Rate Moves

Dow Futures Edge Up as Oil Drops, Traders Watch Fed Rate Moves

18 June 2026
Dow futures jumped 199 points premarket as chip stocks surged after Trump said Apple will work with Intel to design and manufacture chips in the U.S.; Nasdaq futures soared 1.36%, while traders raised odds of a September Fed rate hike to 50% after the Fed held rates steady and retail sales climbed 0.9% in May.
AI Names Drop, Oil Upends Inflation Bets, US Stocks Slip

US Futures Edge Up; Intel Moves, Fed Rate-Hike Caution Lingers

18 June 2026
Intel surged 9.3% premarket after President Trump announced Apple will partner with Intel for U.S. chip design and manufacturing, driving Nasdaq 100 futures up 1.44% and S&P 500 futures up 0.81% as tech stocks rebounded from Wednesday’s Fed-driven selloff.
Arthur’s remnants threaten flooding as Entergy Louisiana’s storm grid faces test

Arthur’s remnants threaten flooding as Entergy Louisiana’s storm grid faces test

18 June 2026
Entergy Louisiana unveils a $13.5 million grid-hardening project in St. Bernard Parish and underground cable upgrades in Algiers just as Arthur’s remnants threaten heavy rain, giving regulators and customers an immediate test of whether these investments can reduce outages and restoration costs; Entergy projects the St. Bernard work could avoid $24 million in future storm costs and yield $117.5 million in long-term benefits.
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