Today: 18 June 2026

ServiceNow AI move puts pressure on Salesforce

ServiceNow Stock Jumps as AI Deal Forces a Fresh Look at Growth Fears

ServiceNow shares jumped 9% Friday morning after announcing a partnership with Wipro, which will integrate its intelligence suite with the ServiceNow AI Platform. The stock reached $120 intraday before settling near $119. Wipro’s India-listed shares rose up to 4%, while its U.S. ADRs surged 19%. ServiceNow reported first-quarter subscription revenue of $3.67 billion, up 22% from a year earlier.
29 May 2026
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Okta Shares Climb 20% as Investors Revalue AI Identity Push

Okta Shares Climb 20% as Investors Revalue AI Identity Push

Okta shares jumped nearly 20% Friday after the company beat first-quarter earnings and revenue forecasts, posting adjusted earnings of 91 cents per share on $765 million in revenue. Analysts at RBC, BMO Capital, and Mizuho raised their price targets following the results. Okta’s current remaining performance obligations rose 12%, and free cash flow reached $271 million. The company now projects second-quarter revenue of $790 million to $794 million.
29 May 2026
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Robinhood shares rise again as traders watch Trump accounts and AI trading angle

Robinhood shares rise again as traders watch Trump accounts and AI trading angle

Robinhood shares rose 3.9% to $88.14 Friday, outpacing other brokerage and crypto stocks after launching government-backed Trump Accounts for children and new AI-agent trading tools. The Trump Accounts app, now available nationwide, will begin taking contributions July 4, offering eligible children a $1,000 Treasury deposit. Robinhood’s new AI agents can trade equities, with plans to expand to other assets. Trading volume neared 8.8 million shares.
29 May 2026
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SentinelOne Drops Premarket as AI Job Cuts Hit

SentinelOne Drops Premarket as AI Job Cuts Hit

SentinelOne shares fell nearly 20% premarket Friday after the company issued second-quarter revenue guidance below analyst estimates and announced plans to cut about 8% of its workforce. First-quarter revenue rose 21% to $277 million, missing expectations by $0.6 million. The company expects a $25 million restructuring charge, mostly for severance and stock compensation. Investors focused on weaker guidance despite a first-quarter earnings beat.
29 May 2026
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Arm stock jumps as traders look at AI chip potential and $360 call

Arm stock jumps as traders look at AI chip potential and $360 call

Arm Holdings shares jumped 10.76% Thursday to close at $335.27, hitting a 52-week high of $349.42. Mizuho Securities raised its price target to $360, the highest among Wall Street analysts. Arm licenses chip designs to firms like Nvidia and Apple, collecting royalties. The company faces supply constraints for its new AI chip and weaker smartphone royalties.
29 May 2026
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Dimon signals possible return of $20 billion JPMorgan deal

Dimon signals possible return of $20 billion JPMorgan deal

JPMorgan Chase CEO Jamie Dimon said the bank could spend $10 billion to $20 billion on an acquisition in the next few years and expects $40 billion to $50 billion in excess capital. JPMorgan reported $16.5 billion net income for Q1 and record markets revenue. Shares fell nearly 3% Wednesday after the bank raised its 2026 expense target to $106 billion. Dimon did not specify a sector or target for any deal.
29 May 2026
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Photronics Stock Shock: Earnings Miss Sends Chip-Supply Bet Into a Hard Reset

Photronics Stock Shock: Earnings Miss Sends Chip-Supply Bet Into a Hard Reset

Photronics shares rose 2.23% to $34.78 in premarket trading Friday after plunging 36.4% Thursday on weak quarterly results and a disappointing outlook. The company missed analyst estimates for both adjusted earnings and revenue, and forecast third-quarter sales below Wall Street expectations. Management cited delayed chip-design releases, memory supply constraints, and geopolitical uncertainty.
29 May 2026
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PRF Technologies Shares Surge in Early Trade on DeepSolar Speculation

PRF Technologies Shares Surge in Early Trade on DeepSolar Speculation

PRF Technologies shares surged 235% to $4.59 in premarket U.S. trading Friday after the company announced progress toward a commercial launch of its DeepSolar Predict AI platform for renewable-energy operators. PRFX closed Thursday at $1.37 with a market cap near $1.2 million. The company remains thinly capitalized, with recent SEC filings warning of potential dilution. PRF is also developing PRF-110, a non-opioid pain drug.
29 May 2026
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HPE shares jump ahead of earnings after Dell’s AI server surge

HPE shares jump ahead of earnings after Dell’s AI server surge

Hewlett Packard Enterprise shares surged 23.5% premarket Friday after Dell raised its annual AI-server revenue outlook, citing strong demand for Nvidia-powered systems. HPE will report fiscal second-quarter results after the close on June 1. Investors are watching for signs HPE can match Dell’s order flow while maintaining margins in its Cloud & AI and networking units. Super Micro Computer shares also rose 10.7% premarket.
29 May 2026
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Archer Aviation Shares Edge in Premarket as Cash Concerns Weigh on Air-Taxi Plans

Archer Aviation Shares Edge in Premarket as Cash Concerns Weigh on Air-Taxi Plans

Archer Aviation traded at $6.80 premarket Friday, nearly unchanged from Thursday’s $6.81 close after a 3.97% session gain. The company posted a first-quarter net loss of $217.7 million on $1.6 million revenue. Archer said it completed Phase 3 of FAA type certification and expects to begin U.S. operations this year. Other electric-aircraft stocks also rose in early trading.
29 May 2026
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UiPath Delivers on AI but PATH Shares Slide

UiPath Delivers on AI but PATH Shares Slide

UiPath shares fell 2.85% to $11.25 in premarket trading Friday after posting higher Q1 revenue of $418 million and raising guidance. The company reported its first GAAP-profitable quarter, with $28 million in operating income. Investors remain cautious about AI’s impact on long-term sales growth. PATH stock remains well below its 52-week high of $19.84.
29 May 2026
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Stock Market Today

  • Bezos Calls Washington Post His 'Worst Investment' Amid Layoffs and Strategic Shift
    June 18, 2026, 2:25 PM EDT. Jeff Bezos described his acquisition of The Washington Post as his 'worst investment' during a 2024 dinner with Donald Trump, per a forthcoming book. This comes amid significant staff layoffs-about a third of the workforce-impacting various departments as the paper seeks a sustainable path forward. Bezos reportedly expressed frustration with the paper's business side, not its editorial direction, aiming for profitability. The Post shifted its opinion section toward promoting personal liberties and free markets, causing editorial changes. Subscriber numbers fell notably after the paper refrained from endorsing a presidential candidate, a move Bezos supported to avoid perceived bias. The Post faces growing competition from rivals like The New York Times, which has diversified its offerings, underscoring challenges in transforming a national news brand.

Latest articles

Apple Faces Possible Price Increases; Micron Gains on AI Memory Supply

Apple Faces Possible Price Increases; Micron Gains on AI Memory Supply

18 June 2026
Apple will raise some product prices due to surging memory and storage-chip costs driven by AI data-center demand, with CEO Tim Cook calling increases “unavoidable”; Micron shares jumped 8.8% after Apple’s warning, as investors bet on sustained chip price power, while Apple shares rose 0.5%.
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