Today: 18 June 2026

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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Bitmine Shares Slip After Ether Dips Below $2,000, Spotlight on $12.3 Billion Crypto Bet

Bitmine Shares Slip After Ether Dips Below $2,000, Spotlight on $12.3 Billion Crypto Bet

Bitmine Immersion Technologies shares fell 4.6% to $17.96 Thursday after ether dropped below $2,000 for the first time since March. The company reported holding 5.39 million ETH and $12.3 billion in crypto, cash, and other investments as of May 25. Bitmine is on FTSE Russell’s preliminary Russell 3000 additions list, with the index rebalancing set for June 26. Peers Strategy and SharpLink also traded lower.
28 May 2026
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UMAC Stock Gains After Pentagon Funding Report, Profit Uncertainty Remains

UMAC Stock Gains After Pentagon Funding Report, Profit Uncertainty Remains

Unusual Machines shares jumped as much as 52% Thursday after reports the Trump administration is in talks to fund U.S. drone makers. The Orlando-based supplier’s stock was last up 41% at $26.52. First-quarter revenue soared 296% to $8.1 million, but the company posted a $7.3 million operating loss. Reuters said it could not independently confirm the government funding talks.
28 May 2026
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Butterfield’s $1.8B CIBC Purchase Shakes Up Caribbean Banking

Butterfield’s $1.8B CIBC Purchase Shakes Up Caribbean Banking

Butterfield will acquire CIBC’s 91.67% stake in CIBC Caribbean for about $1.8 billion in cash and stock, valuing shares at $1.14 each. The deal, expected to close in the first half of 2027, would give Butterfield control of 41 branches across 10 countries and boost its assets to $29 billion. CIBC expects a 24 basis point increase in its core capital ratio. Approvals from shareholders and regulators are pending.
28 May 2026
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Keel’s AI rally gets premarket test

Keel’s AI rally gets premarket test

Keel Infrastructure shares fell 1.82% in premarket trading Thursday after a 7.31% gain Wednesday, as the company shifts from Bitcoin mining to AI data centers. First-quarter revenue dropped 23% to $37 million, with an operating loss of $98 million. Keel reported $533 million in liquidity as of May 8. The company completed its U.S. redomiciling and rebrand from Bitfarms in April.
28 May 2026
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Opendoor Stock Added to Russell 3000, Shares on Traders’ Radar

Opendoor Stock Added to Russell 3000, Shares on Traders’ Radar

Opendoor Technologies shares rose 6% premarket Thursday after the company said it will join the Russell 3000 Index at the June 26 close. CEO Kaz Nejatian recently bought 100,000 shares, raising his stake to 83.58 million. Opendoor reported first-quarter revenue of $720 million and a net loss of $173 million. The company expects second-quarter revenue to rise 25% over the prior quarter.
28 May 2026
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SoFi Stock Just Got a Crypto Twist Investors Can’t Ignore

SoFi Stock Just Got a Crypto Twist Investors Can’t Ignore

SoFi launched its bank-issued SoFiUSD stablecoin to nearly 15 million app users, expanding beyond enterprise clients. Shares traded at $16.17 before Thursday’s U.S. open, valuing the company at about $22.3 billion. The token is redeemable 1:1 for dollars from SoFi Bank and runs on Ethereum and Solana. SoFi reported Q1 adjusted net revenue of $1.09 billion and deposits of $40.2 billion.
28 May 2026
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Hormel Stock Pops Before the Bell After a Protein-Fueled Earnings Surprise

Hormel Stock Pops Before the Bell After a Protein-Fueled Earnings Surprise

Hormel Foods shares rose 6.8% in premarket trading after beating quarterly sales and profit estimates, reporting $2.97 billion in net sales and 40 cents adjusted earnings per share. Organic net sales increased 3%, while segment profit climbed in retail, foodservice, and international divisions. The company reaffirmed its 2026 sales and adjusted EPS outlooks but lowered its GAAP EPS view due to a turkey business sale. Retail volume dropped 2%.
28 May 2026
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Azul set to return to NYSE June 1; Veris departure confirmed

Azul set to return to NYSE June 1; Veris departure confirmed

Azul S.A. will move its American depositary shares to NYSE American on June 1 under the ticker AZUL, leaving OTC Markets. The airline exited Chapter 11 in February, cutting debt by $2.5 billion and raising $1.375 billion in new funding. Veris Residential Inc. has stopped trading on the NYSE after a $3.5 billion buyout by Affinius Capital and Vista Hill Partners. Veris has been delisted and removed from major S&P indexes.
28 May 2026
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U.S. drone stocks jump with Trump Pentagon funding talks under way

U.S. drone stocks jump with Trump Pentagon funding talks under way

The Trump administration is in talks to fund U.S. drone companies including Unusual Machines and Neros, the Wall Street Journal reported, sending Unusual Machines shares up 39% premarket. Over $74 billion is proposed for drone and counter-drone tech in the Pentagon’s 2027 budget, triple last year’s amount. Talks involve debt and equity options but are not final. Reuters could not immediately verify the Journal’s report.
28 May 2026
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Stock Market Today

  • Marvell shares surge as Amazon discusses Trainium AI chip sales
    June 18, 2026, 5:36 PM EDT. Marvell Technology shares jumped 7.27% to $310.58, spurred by news that Amazon Web Services (AWS) is in early talks to sell its custom Trainium AI chips to other companies. This potential move could expand the market for Marvell's high-speed networking equipment. KeyBanc raised its price target for Marvell from $260 to $385, citing data-center networking as a major growth driver. Marvell will join the S&P 500 index on June 22, prompting possible index fund purchases. The company also announced milestones in photonic integrated circuit shipments, supporting faster, energy-efficient data transmission. Marvell's fiscal Q1 revenue rose 28% year-on-year to $2.418 billion, with guidance centered at $2.7 billion for the next quarter, reflecting strong AI-related bookings.

Latest articles

FuelCell Energy pops as traders move in on AI-driven data center story

FuelCell Energy pops as traders move in on AI-driven data center story

18 June 2026
FuelCell Energy soared nearly 20% to $24.04 as investors bet its surging 4-gigawatt data-center power pipeline could turn into contracts, despite a 5% revenue drop, wider net loss, and shrinking backlog; analyst upgrades and sector-wide gains fueled the rally, but the company warns there’s no guarantee talks become deals.
Intel at all-time high after Trump talks up Apple chip plans

Intel at all-time high after Trump talks up Apple chip plans

18 June 2026
Intel soared 10.6% to a record close near $134 after Trump said Apple will work with Intel on U.S. chip design and production, a move that could validate Intel’s foundry business and narrow its $2.44 billion operating loss; no commercial terms or production details have been disclosed.
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