Today: 18 June 2026

FedEx Stock Faces a New Amazon Threat as Logistics Fight Hits Shares

FedEx Freight Goes Solo As $8.9 Billion Trucking Giant Hits NYSE

FedEx Freight began trading as FDXF after its spin-off from FedEx, joining the S&P 500 and Dow Jones Transportation Average. FedEx distributed 80.1% of shares to holders, keeping 19.9% to be disposed of within 24 months. Fiscal 2025 revenue hit $8.9 billion. Management targets 4–6% annual revenue growth and $1 billion in free cash flow, but analysts warn of execution risk, transition costs, and weak freight demand.
1 June 2026
Barry Diller’s $18 Billion MGM Bid Could Change Who Runs the Strip

Barry Diller’s $18 Billion MGM Bid Could Change Who Runs the Strip

Barry Diller’s People Incorporated offered $48.30 per share in cash to buy the MGM Resorts International shares it doesn’t own, valuing MGM at over $18 billion including debt. MGM stock jumped 13% to $49.35, above the offer price. The non-binding bid is 10.6% above MGM’s last close. People already owns 26.1% of MGM. The deal would take MGM private, but still needs a binding agreement, financing, and regulatory approval.
Fluence Energy Stock Surges as Siemens, Nvidia Unveil Data-Center AI Power Plan

Fluence Energy Stock Surges as Siemens, Nvidia Unveil Data-Center AI Power Plan

Fluence Energy stock soared 31% to $24.80 after Siemens named it in a new NVIDIA-linked AI data center power plan, featuring Fluence’s battery systems in a 136-megawatt reference design. The rally follows a record $5.6 billion backlog and two hyperscaler supply deals. Fluence posted Q2 revenue of $464.9 million, a narrowed net loss of $29.2 million, and negative adjusted EBITDA of $9.4 million.
Namib Minerals Stock Surges 40% Before the Bell — Why Redwing Is Back in Focus

Namib Minerals Stock Surges 40% Before the Bell — Why Redwing Is Back in Focus

Namib Minerals’ shares soared 39.5% premarket to $2.12, with no new company news since a May 19 Redwing dewatering update. The company pumped 544,570 cubic meters of water at Redwing, aiming to restart the Zimbabwe mine. 2026 gold output guidance at How Mine is 28,000–31,500 ounces, with adjusted EBITDA forecast at $50–$62 million. Market cap sits near $83 million, with a volatile 52-week range from $0.91 to $55.
FTSE Slips as EasyJet Takeover Twist Fails to Mask Oil-Shock Fears

FTSE Slips as EasyJet Takeover Twist Fails to Mask Oil-Shock Fears

FTSE 100 drops 0.20% as Middle East conflict pushes Brent crude up over 3% to $93.80, reviving inflation fears. EasyJet surges after Castlelake eyes possible bid; board calls timing “highly opportunistic.” Bluefield Solar jumps on £561m Drax deal. ME Group cuts profit outlook, shares fall. Wise sinks amid Belgian anti-money laundering probe. UK factory PMI hits 53.9, but price hikes raise Bank of England rate concerns.
1 June 2026
IREN stock drops 7% into MSCI index add — what traders watch before Monday

IREN Stock Gets a $3.65 Billion Answer to Its Biggest AI Question

IREN shares slipped 0.7% premarket to $63.54 after closing a $3.65 billion investment-grade GPU financing facility to support its Microsoft AI cloud contract. The debt, secured by GPUs and contract cash flows, includes a $1.5 billion delayed-draw loan and $2.1 billion in 5.96% senior notes. IREN expects ARR to rise to $4.4 billion after deploying Nvidia Blackwell systems from Dell, but targets depend on delivery, utilization, and pricing.
Taylor Morrison Jumps After Berkshire Buys Stake in $8.5 Billion Deal

Taylor Morrison Jumps After Berkshire Buys Stake in $8.5 Billion Deal

Berkshire Hathaway will acquire Taylor Morrison for $72.50 per share in cash, a 24% premium to its last close, valuing the builder at $6.8 billion equity, $8.5 billion with debt. Taylor Morrison shares jumped 22% premarket. The deal, Greg Abel’s first as CEO, still needs shareholder and regulatory approval and could close in the second half of 2026. If it fails, shares could drop and a $221.6 million breakup fee applies.
American Airlines Faces Monday Moves on Fuel and Dow Exit

American Airlines Faces Monday Moves on Fuel and Dow Exit

American Airlines dropped 3 cents to $14.64 premarket as it exited the Dow Jones Transportation Average, replaced by FedEx Freight after its spinoff. JetBlue raised its Q2 fuel cost forecast, citing Strait of Hormuz disruptions, with jet fuel near $142 a barrel. American faces $4–$5 billion extra fuel costs this year but kept its 2026 outlook. CEO Isom sees Q2 revenue up 15% and capacity up 5%.
SoftBank takes key spot as France launches $108B AI push in Europe data centre fight

SoftBank takes key spot as France launches $108B AI push in Europe data centre fight

SoftBank pledges €45 billion for AI data centers in northern France, leading €93 billion in corporate commitments at the Choose France summit. SoftBank plans 3.1 GW capacity by 2031, with a total program up to €75 billion. Ardian and Verne target a €5 billion AI campus in Île-de-France. Brookfield eyes €10 billion, MGX and Bpifrance near €7.5 billion site. Revolut to spend €100 million and add 200 jobs by 2030.
HPE Shares Push Higher Ahead of Earnings as AI Server Demand Looks Broader

HPE Shares Push Higher Ahead of Earnings as AI Server Demand Looks Broader

HPE jumped 5.1% premarket to $45.27 ahead of fiscal Q2 results due after the bell, following Dell’s AI server surge and HPE’s launch of a ProLiant server using Nvidia’s Vera CPU. HPE reported a $5B+ AI backlog in March, guided Q2 revenue to $9.6–$10B, and raised its 2026 earnings target. Investors await updates on backlog, server sales, and Juniper unit as supply remains tight and high prices persist into 2027.
AT&T Eyes June as Critical Month for Stock

AT&T Faces $4.5 Billion Cash Flow Hurdle as Stock Eyes Next Move

Revolution Medicines’ daraxonrasib doubled median survival to 13.2 months versus 6.7 for chemo in a 500-patient Phase 3 pancreatic cancer trial; risk of death cut by 60%. RVMD last quoted at $157.48 premarket, market cap $31.2B. FDA has allowed expanded access but drug remains unapproved. Company plans global regulatory filings; $1.9B cash at March 31 plus $2.1B from April financings. Q1 net loss widened to $453.8M.
1 June 2026
Volato Stock Explodes Before the Bell as M2i Merger Clock Ticks

Volato Stock Explodes Before the Bell as M2i Merger Clock Ticks

Volato Group shares soared 188% to $0.49 in U.S. pre-market trading on volume of 239.2 million shares, despite no new announcement. The micro-cap’s pending merger with M2i Global would give Volato holders 15% of the combined company. Volato reported a $2.6 million net loss last quarter, $2 million in cash, and a NYSE American listing notice, raising doubt about its ability to continue as a going concern.
1 June 2026
Zeta Global Stock Pops Before the Bell as AI-Marketing Trade Gets Another Look

Zeta Global Stock Pops Before the Bell as AI-Marketing Trade Gets Another Look

Zeta Global traded at $24.13 in Monday premarket, up 5.42% after a 13.43% Friday surge on heavy volume. Q1 revenue jumped 50% to $396 million; 2026 guidance midpoint raised to $1.785 billion. OpenAI models now support Athena, Zeta’s AI-driven marketing tool. Analyst targets average $28.31, with BofA at $24. Risks include rapid price gains, competition with Salesforce, Oracle, Adobe, and execution on AI growth.
Nu Stock Opens June After $130 Million Colombia Move, Credit Costs in Focus

Nu Stock Opens June After $130 Million Colombia Move, Credit Costs in Focus

Nu Holdings traded at $13.13 premarket, flat from last close and up 3.14% over five days, but still down 21.57% for 2026. First-quarter results showed non-performing loans at 5%, credit loss allowances up 33% to $1.79 billion, and net income at $871 million. Nu Colombia hit 5 million customers and plans $130 million investment in 2026. Analyst targets range from $13 to $19.39, with most ratings positive but trimmed.
1 June 2026
Palantir gains premarket with AI stock catalyst eyed

Palantir gains premarket with AI stock catalyst eyed

Palantir jumped 3.6% to $162.14 in pre-market trade Monday, adding to a 17% two-day surge after Dell and Snowflake’s strong AI-driven results. No new filings from Palantir. Investors are betting on AI momentum and Palantir’s raised 2026 revenue target of up to $7.66 billion after an 85% Q1 revenue spike. Gains follow Dell and Palantir’s on-prem AI OS launch and Snowflake’s $6B AWS deal, but competition and AI spending risks remain.
United Rentals Nears $1,000 Again as Big Funds Circle the Industrial Workhorse

United Rentals Nears $1,000 Again as Big Funds Circle the Industrial Workhorse

United Rentals traded at $995.67, near its 52-week high, after new filings showed MUFG Securities EMEA, Thames Capital, Norges Bank, and National Pension Service adjusted stakes. Record Q1 results included $3.42 billion rental revenue, 8.7% growth, and raised 2026 guidance. The company returned $500 million to shareholders and plans $1.5 billion in 2026 buybacks. Used equipment sales dropped 7.2%; specialty rental margins narrowed.
1 June 2026
AMD Stock Set for Early Test After Nvidia Move

AMD Stock Set for Early Test After Nvidia Move

AMD fell 3.8% to $496.50 premarket after Nvidia unveiled its RTX Spark PC chip at Computex, intensifying AI competition. AMD focused on longer platform support and new Ryzen and Radeon launches but did not directly answer Nvidia’s move. Data center revenue jumped 57% last quarter, with Q2 sales seen near $11.2 billion. Analysts warn AMD could face pressure if Nvidia dominates AI PCs or Intel cuts prices. Shares remain up 141% year-to-date.
CoreWeave Stock Jumps Before the Bell as AI Cloud Rally Gets a New Test

CoreWeave Stock Jumps Before the Bell as AI Cloud Rally Gets a New Test

CoreWeave jumped 5.65% to $115.72 premarket after a preliminary Russell 3000 index addition and news of a CoreWeave-backed AI-inference funding round. First-quarter revenue more than doubled to $2.08 billion, but net loss widened to $740 million. Heavy spending, insider share sales, and new cloud rivals from Blackstone and Google remain key risks as index rebalancing and AI demand drive investor focus.
Arm’s $2 Trillion Question Puts Focus on CEO Pay Plan

Arm’s $2 Trillion Question Puts Focus on CEO Pay Plan

Arm Holdings jumped $18.05 to $353.29 premarket after unveiling a CEO pay plan tied to hitting $1T–$2T market cap targets by 2031. The proposal, requiring shareholder approval, links 425,000 performance shares to Arm’s AI-driven growth. CEO Haas said AGI CPU demand topped $2B for 2027–28. Q4 revenue rose 20% to $1.49B, but Arm warned of smartphone weakness and AI chip supply issues.
Full Truck Alliance Shares Little Changed After Fund Sale Flags YMM for Traders

Full Truck Alliance Shares Little Changed After Fund Sale Flags YMM for Traders

Full Truck Alliance (YMM) traded flat premarket after Cederberg Capital exited its $20 million stake in Q1. Shares closed Friday at $8.82, down 0.34%. Q1 results showed orders up 14.3% to 55 million, revenue up 5.5% to RMB2.85 billion, but net income fell to RMB994.1 million. Value-added services revenue dropped, and non-performing loans rose to 3.2%. Q2 revenue forecast trails last year. Board approved a $0.084 per ADS dividend.
1 June 2026
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Stock Market Today

  • Diageo Share Price Faces Key Test Under New CEO Drastic Measures
    June 18, 2026, 7:50 AM EDT. Diageo's share price has slumped 55% over five years amid falling spirit sales and external challenges including tariffs and shifting consumer habits. Newly appointed CEO Sir Dave Lewis has launched a cost-cutting overhaul targeting improved competitiveness and shareholder returns. The FTSE 100 drinks giant is focusing on younger consumers with canned cocktails and restructuring its operations, including potential job cuts. Despite a tempting trailing price-to-earnings ratio of 12.2, the forward dividend yield has been sharply reduced to 2.66%, reflecting cautious investor sentiment. The success of Lewis' strategy may determine if Diageo can rebound after a prolonged slump.

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Plug Power slips before Juneteenth with cash, dilution still in focus

Plug Power slips before Juneteenth with cash, dilution still in focus

18 June 2026
Plug Power shares hovered at $2.65 premarket after shareholders approved a 25 million share increase to its equity incentive plan, keeping dilution risk in focus as the company awaits a $132.5 million asset sale expected by June 30, with liquidity and margin improvements under scrutiny amid recent stock declines.
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