Today: 23 June 2026
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NASDAQ:GELS 14 January 2026 - 11 June 2026

Gelteq Limited stock jumps in premarket after CBD gel study; what’s next for GELS

Gelteq Limited stock jumps in premarket after CBD gel study; what’s next for GELS

Gelteq shares soared 48% to $1.23 in premarket trading after preclinical data showed its oral gel increased CBD absorption by over 22% versus an FDA-approved oil. The company said the findings could speed up its medicinal cannabis launch in Australia. The stock’s small market cap has amplified volatility. The results have not yet been tested in humans.

Stock Market Today

  • Ameriprise Financial Increases Stake in Thungela Resources to 5.038%
    June 23, 2026, 4:50 AM EDT. Ameriprise Financial, Inc. has increased its stake in South African coal producer Thungela Resources to 5.038% of issued ordinary shares. The notification, made on June 18, 2026, follows the crossing of the regulatory threshold on June 17, 2026. This disclosure complies with the Companies Act and the JSE Listings Requirements, ensuring transparency for shareholders and the market. Thungela's board confirmed the accuracy of the information and has reported the change to the Takeover Regulation Panel. The development signals growing institutional interest in Thungela amid evolving energy market conditions.

Latest articles

OpenAI pushes $100 billion ChatGPT ad push into key spot in IPO pitch

OpenAI pushes $100 billion ChatGPT ad push into key spot in IPO pitch

23 June 2026
OpenAI told investors it expects $2.5 billion in ad revenue this year and $100 billion by 2030 as it expands ChatGPT ads to Brazil, Mexico, and India, aiming to strengthen its case for a potential $1 trillion IPO, but high costs and slower-than-expected ad market growth could pressure its valuation or timing.
American Airlines Shares Up on Fuel Price Drop; Eyes on One Potential Threat

American Airlines Shares Up on Fuel Price Drop; Eyes on One Potential Threat

23 June 2026
American Airlines closed up 0.56% at $16.08 as investors weigh a sharp drop in jet-fuel prices—which could cut the U.S. airline industry’s annual fuel bill by over $40 billion if sustained—against a new safety probe into a Boston near-miss involving one of its jets; BofA raised its price target to $16, but American’s ability to turn lower fuel costs into profit remains in focus.
AI-led rally in South Korea stalls at 10% as chip downturn dents Seoul trade

AI-led rally in South Korea stalls at 10% as chip downturn dents Seoul trade

23 June 2026
South Korea’s KOSPI plunged 9.99%—its sharpest drop in over three months—after a record AI chip rally reversed on regulatory warnings and profit-taking, triggering a market-wide trading halt; Samsung Electronics and SK hynix each sank over 12% as foreign and institutional investors dumped shares, while retail buyers drove heavy trading, leaving the index still up nearly 95% for the year.
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