Today: 18 June 2026

Little Nasdaq tech name jumps 3x as traders dig into new filing

Little Nasdaq tech name jumps 3x as traders dig into new filing

3 E Network Technology Group shares surged 210% to close at $4.28 on Nasdaq after interim results showed half-year revenue more than doubled to $3.72 million, but the company swung to a net loss of $209,487. Trading volume topped 132 million shares. Cash fell to $35,284 at year-end, and the company said it will need more capital to fund its plans. Gross margin dropped to 44% as costs rose sharply.
28 May 2026
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Grab Shares Dip as Indonesia Bank Investment Draws Attention Again

Grab Shares Dip as Indonesia Bank Investment Draws Attention Again

Grab Holdings shares fell 1.8% to $3.575 in New York Thursday, underperforming the tech sector as investors weighed its deeper push into Indonesian digital banking. The company will consolidate Superbank as a subsidiary after crossing a 50% stake, reporting its results from May. Superbank’s assets grew 72% year-on-year in April, with net interest income up 84%. Analyst price targets for Grab have come down slightly this month.
28 May 2026
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Marathon Digital stock dips as Bitcoin slide draws focus to AI push

Marathon Digital stock dips as Bitcoin slide draws focus to AI push

MARA Holdings shares fell 2.1% to $14.03 on Thursday, underperforming other bitcoin miners as bitcoin dropped 1.7%. The company reported a $1.26 billion net loss last quarter, with revenue down 18% from a year ago, mostly due to lower bitcoin-mining income. No new company statements were issued this week. Investors remain focused on MARA’s bitcoin exposure and its $1.5 billion Long Ridge Energy acquisition.
28 May 2026
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Entergy Pulls In $90 Million Ahead of Hurricane Season

Entergy Pulls In $90 Million Ahead of Hurricane Season

Entergy New Orleans raised $90 million by selling long-term first mortgage bonds to institutional buyers, according to a May 27 SEC filing. The utility secured the financing days after its annual Metro Storm Drill, as hurricane season approaches. The bonds mature in 2036 and 2056, with interest paid twice a year. NOAA forecasts a less-active Atlantic hurricane season but warns destructive storms remain possible.
28 May 2026
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UiPath Stock Price Jumps Before Earnings. The AI Automation Test Comes After the Bell

UiPath Stock Price Jumps Before Earnings. The AI Automation Test Comes After the Bell

UiPath Inc. shares climbed 5.7% to $11.80 Thursday ahead of fiscal Q1 results due after the close, with trading volume at 27.7 million shares and a market value near $6.36 billion. The company guided for Q1 revenue of $395–$400 million and ARR of $1.894–$1.899 billion. Analysts expect $397.43 million in revenue and $0.15 EPS. UiPath last reported Q4 revenue up 14% to $481 million and ARR up 11% to $1.853 billion.
28 May 2026
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Amprius Technologies Soars 26% After Jump

Amprius Technologies Soars 26% After Jump

Amprius Technologies shares surged 26.5% to $21.70 Thursday, with volume topping 13 million. The rally followed insider-sale filings and a recent short-seller report, but no new company announcements since May 19. CEO Thomas Stepien and other insiders disclosed stock sales tied to vesting awards. First-quarter revenue rose 153% to $28.5 million, and Amprius raised its 2026 revenue outlook.
28 May 2026
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Marvell up after $10B custom-chip goal gives AI story a boost

Marvell up after $10B custom-chip goal gives AI story a boost

Marvell Technology shares rose 2.4% to $203.50 Thursday after the company projected annual custom-chip revenue above $10 billion by fiscal 2029. First-quarter revenue jumped 28% to $2.418 billion, with data center sales making up 76% of the total. Marvell’s GAAP net income fell to $34.5 million. The company reported strong AI-related bookings and expects $1 billion in prepayments this year to secure supply.
28 May 2026
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D-Wave stock gains as quantum bets in Washington fuel new rally

D-Wave stock gains as quantum bets in Washington fuel new rally

D-Wave Quantum shares jumped 8.4% to $29.79 in New York Thursday after the company announced a proposed $100 million funding deal under the CHIPS Act. Trading volume reached 34.6 million shares. Quantum peers IonQ, Rigetti, and Quantum Computing Inc. also rose. D-Wave recently secured second-year funding for a superconducting qubits project and defended its quantum-supremacy results.
28 May 2026
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AMD Stock Is Running Hot Again as Wall Street Chases the Next Big AI Winner

AMD Stock Is Running Hot Again as Wall Street Chases the Next Big AI Winner

AMD shares rose 5.1% to $520.93 in midday trading Thursday, outpacing Nvidia and Intel as investors returned to chip stocks. The move follows AMD’s announcement of over $10 billion in investments across Taiwan’s chip sector and continued demand for its AI-focused CPUs and GPUs. The iShares Semiconductor ETF gained 1.9%. CEO Lisa Su said supply will increase each quarter through 2027.
28 May 2026
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Palantir Jumps, Wall Street Still Has AI Concerns

Palantir Jumps, Wall Street Still Has AI Concerns

Palantir shares rose 5.7% to $140.10 by midday Thursday, outpacing major indexes as investors returned to AI and data software stocks. Volume topped 22 million shares, with market cap near $360 billion. The company recently raised its 2026 revenue target to up to $7.66 billion after reporting 85% first-quarter revenue growth. Some analysts warn the stock price leaves little room for error.
28 May 2026
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Photronics Sinks 32% After Q2 Miss

Photronics Sinks 32% After Q2 Miss

Photronics shares plunged 32% Thursday after the company missed quarterly revenue and earnings estimates and cut guidance for the current quarter. Revenue fell to $209.9 million, below forecasts, with IC sales down 5% year over year. The stock last traded at $36.22 on heavy volume. The iShares Semiconductor ETF rose 1.35% in late morning trading.
28 May 2026
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CIBC Shares Drop Even With Profit Beat and Caribbean Sale

CIBC shares fell 5.5% to C$150.72 Thursday after the bank announced it will sell most of its Caribbean unit for about US$1.6 billion, despite beating quarterly profit forecasts. Adjusted net income rose 23% to C$2.47 billion, with strong capital markets results. The S&P/TSX financials sector dropped 0.88% as investors looked past earnings beats from CIBC, RBC, and TD.
28 May 2026
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Arm Shares Surge as Nvidia Vera CPU Shifts AI Market Toward Arm

Arm Shares Surge as Nvidia Vera CPU Shifts AI Market Toward Arm

Arm Holdings shares jumped 12.7% to $341.28 in New York Thursday after upbeat analyst notes tied the company more closely to Nvidia’s AI CPU efforts. Arm posted record fiscal 2026 revenue of $4.92 billion and reported AGI CPU demand for 2027–2028 now exceeds $2 billion. Mizuho raised its price target to $360, citing Arm’s expanding CPU lineup. Early Vera CPU benchmarks show Nvidia challenging Intel and AMD in data centers.
28 May 2026
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Super Micro Shares Move on Taiwan Server Seizure, AI Cloud Agreement

Super Micro Shares Move on Taiwan Server Seizure, AI Cloud Agreement

Super Micro shares rose 6.2% to $40.57 Thursday after the company reported Taiwanese officials arrested three suspects and seized 50 servers linked to illegal exports to China. The company also announced a major AI-cloud deployment in Europe with Verda. Trading volume exceeded 18 million shares. Super Micro forecast quarterly revenue of $11 billion to $12.5 billion.
28 May 2026
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Eli Lilly’s $20 Billion M&A Push Moves Into Vaccines

Eli Lilly’s $20 Billion M&A Push Moves Into Vaccines

Eli Lilly will acquire Curevo Inc., LimmaTech Biologics AG, and Vaccine Company Inc. for up to $3.83 billion in cash, gaining vaccine programs for shingles, staph infections, and Epstein-Barr virus. Shares rose about 5% after news of the deals and broader coverage for Zepbound and Foundayo. Curevo shareholders may receive up to $1.5 billion, LimmaTech $780 million, and Vaccine Company $1.55 billion.
28 May 2026
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Dow Rally Stalls as Oil and Inflation Worries Meet Iran Moves

Dow Rally Stalls as Oil and Inflation Worries Meet Iran Moves

The Dow Jones Industrial Average fell 110.97 points, or 0.22%, to 50,533.31 by 10:01 a.m. ET Thursday, pressured by renewed U.S.-Iran tensions and April inflation data showing the PCE index up 3.8% year-over-year. Energy stocks led declines as gasoline prices surged 12.3% in April. Fed officials signaled rates may stay high. Caterpillar and Sherwin-Williams weighed heavily on the Dow.
28 May 2026
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S&P 500 Holds Ground After Inflation Data as AI Stocks Lend Support

S&P 500 Holds Ground After Inflation Data as AI Stocks Lend Support

S&P 500 rose 0.34% and Nasdaq gained 0.33% late Thursday morning, while the Dow slipped 0.08%. April PCE inflation hit 3.8% year-over-year, the fastest pace since May 2023. Brent crude traded at $94.73 a barrel and the 10-year Treasury yield stood at 4.508%. AI-related earnings and retail forecasts lifted some stocks despite inflation and Middle East tensions.
28 May 2026
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Infleqtion Shares Rise On Oxford Quantum Update, Holder Sale Lingers

Infleqtion Shares Rise On Oxford Quantum Update, Holder Sale Lingers

Infleqtion shares rose 8.7% to $16.81 in early NYSE trading after announcing plans to open an Oxford Quantum Innovation Centre, aiming to triple UK capacity. SEC filings showed Maverick-linked entities sold shares last week at prices from $14.69 to $17.04. Infleqtion reported Q1 revenue of $9.5 million, a 14% increase, and raised its 2026 revenue target to at least $40 million.
28 May 2026
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Stock Market Today

  • Stock Market Rally Defies Federal Reserve Rate Hike Concerns
    June 18, 2026, 4:35 PM EDT. U.S. stock markets continue to rally despite expectations that the Federal Reserve may increase interest rates later this year. Investors are shifting attention away from potential monetary tightening toward strong corporate fundamentals and robust economic data. The resilience in earnings and economic performance is overriding fears of rate hikes, fueling positive sentiment among market participants.

Latest articles

Lockheed Martin stock falls as defense shares lag broader Wall Street rally

Lockheed Martin stock falls as defense shares lag broader Wall Street rally

18 June 2026
Lockheed Martin plunged 4.1% to $510.76, underperforming a rising market as investors dumped defense stocks after a U.S.-Iran interim deal eased conflict risk; sector peers also fell, with no immediate earnings boost from Lockheed’s new GM Defense pact, leaving shares pressured by a fading war premium despite ongoing manufacturing headlines.
Qnity Electronics shares climb with other AI chip material stocks

Qnity Electronics shares climb with other AI chip material stocks

18 June 2026
Qnity Electronics surged 7.2% to $168.07 on heavy volume as investors piled into semiconductor suppliers during a sector-wide rally, with shares trading at 54 times trailing earnings and a market value near $35.4 billion, as the chip supply chain drew fresh demand ahead of the Juneteenth market holiday.
Dow Ends Up as Chips Gain, Lower Oil Prices Offset Fed Jitters

Dow Ends Up as Chips Gain, Lower Oil Prices Offset Fed Jitters

18 June 2026
Intel surged to a record as the Philadelphia semiconductor index led markets higher, fueled by Apple’s agreement to work with Intel on U.S. chip design and manufacturing, while the Dow lagged tech-heavy gains and oil prices fell after a U.S.-Iran ceasefire agreement eased inflation fears ahead of the Juneteenth holiday.
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