Breaking 28 June 2025 - 22 June 2026

On June 17, 2026, U.S. markets saw notable declines after the Federal Reserve kept interest rates unchanged but signaled that rate hikes could return, impacting technology and growth stocks. Meta shares dropped about 5.5% to $567.58, with the decline coinciding with the departure of a key executive involved in its AI agent projects. Microsoft also fell 3.8% to $378.91, as investors reacted to the Fed’s projections and the company’s AI spending plans. ServiceNow lost nearly 5.8%, and SpaceX slid around 5%, marking its first full-session loss since going public and falling behind Amazon in market value. Intel, however, gained 3.5% to $121.10 after advancing its 18A-P manufacturing process into risk production, prompting Bernstein to raise its price target to $100, though it maintained a neutral rating due to ongoing demand questions. Coherent shares continued to drop despite U.S. funding for its Texas plant, as the company faces valuation and supply risks. Vertiv rose about 7%, outperforming the broader market, but attention is shifting from demand to valuation after a strong run in AI infrastructure stocks. Nebius completed its acquisition of Eigen AI, boosting its stock as it prepares to join the Nasdaq-100, with execution risks now in focus. Plug Power rebounded 3.7% after a previous decline, as investors weighed recent liquidity moves against ongoing cash-use and execution risks. Jabil surged nearly 10% after surpassing Q3 forecasts and raising its 2026 guidance, now expecting $35 billion in revenue and $12.70 per share in adjusted earnings. Ondas shares fell 3.15% after launching new autonomous defense systems. Lunai Bioworks rose after confirming compliance with Nasdaq’s minimum bid rule, though it remains under a one-year compliance period. Joby Aviation slipped 3.4%, with recent gains tied to a Jefferies consumer survey. Broader themes include shifting focus from demand to execution, valuation, and regulatory risks across the sector.