Today: 25 June 2026
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LSE:PPHC 25 June 2026

Dow ends higher; Nasdaq drifts as AI stocks slip, oil falls

Dow Jones (INDEXDJX:.DJI) spikes 700 points as price-weighted stocks outpace tech slide

Dow soars 763.79 points as Caterpillar, Goldman Sachs, and Honeywell drive gains, offsetting Apple’s 4.8% drop; investors brace for Alphabet to replace Verizon in the Dow on June 29, a move set to shift index weightings for funds tracking the price-weighted average.

Stock Market Today

  • Dell Technologies Boosts AI Infrastructure with $9 Billion Debt Financing
    June 25, 2026, 11:21 AM EDT. Dell Technologies has raised approximately $9 billion through new debt offerings and a revolving credit facility to fund its expansion in AI-focused infrastructure. The company issued $3 billion in senior unsecured notes maturing between 2031 and 2037 and secured a $6 billion revolving credit facility, enhancing liquidity for growth initiatives. Dell is aggressively expanding its AI hardware capabilities, launching Vera Rubin-based PowerEdge servers and collaborating on AI supercomputers, positioning itself as a key player in surging demand for AI-optimized servers. Despite the growth potential, margin pressures from AI hardware investments remain a concern. The firm reaffirmed a quarterly dividend of $0.63 per share through July 2026. Analysts see a potential 16% upside based on revenue and earnings forecasts for 2029, but long-term returns hinge on AI server economics and storage market developments.

Latest News

US stocks now: Broad gains balance $416 billion drop in megacap tech

US stocks now: Broad gains balance $416 billion drop in megacap tech

25 June 2026
Apple, Nvidia, Microsoft, Alphabet, and Meta lost about $416 billion in combined market value as investors rotated into Dow and small-cap stocks, with Apple dragging after raising MacBook and iPad prices due to higher memory costs; meanwhile, Micron surged 10.4% on strong earnings and guidance, and Qualcomm gained 3.6% after boosting long-term revenue targets.
Bio-Techne soars after Merck offer at $73 a share; spread remains on cash bid

Bio-Techne soars after Merck offer at $73 a share; spread remains on cash bid

25 June 2026
Bio-Techne surged 19% to $70.17 after Merck KGaA’s $73 per share cash offer, leaving a $2.83 spread as the deal awaits shareholder and regulatory approval, with closing expected in late 2026 or early 2027; trading volume soared past short interest, and the deal values Bio-Techne at $11.3 billion, less than 9.4 times fiscal 2025 sales.
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