Today: 18 June 2026
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NASDAQ:MCFN 15 May 2026

Auddia Stock Surges as McCarthy Finney AI Merger Hits SEC Filing Stage

Auddia Stock Surges as McCarthy Finney AI Merger Hits SEC Filing Stage

Auddia filed a Form S-4 with the SEC for its planned merger with Thramann Holdings, aiming to form McCarthy Finney, which would trade on Nasdaq as MCFN. AUUD shares jumped 59% in premarket trading to $1.94. The company said it completed $12 million in financing to meet the deal’s cash-at-close requirement. Auddia shareholders are expected to own about 20% of the new company.

Stock Market Today

  • Salesforce Stock Drops Amid AI Fears Despite Strong Q1 Fiscal 2027 Results
    June 18, 2026, 10:36 AM EDT. Salesforce (NYSE: CRM) shares hit a 52-week low, down about 40% year to date, despite reporting strong fiscal Q1 2027 results with $11.1 billion revenue, a 13% increase year over year. The drop stems from fears that AI automation may reduce demand for Salesforce's traditional subscription seats. However, Salesforce's AI and data products revenue surged 200% to $3.4 billion in annual recurring revenue. The company's seat count in core sales and service products grew, contradicting concerns. Non-GAAP operating margin hit a record 34.8%, with $6.6 billion in free cash flow. Salesforce also returned $27.5 billion to shareholders via share repurchases. The data suggest AI is currently complementing, not replacing, Salesforce's seat-based model.

Latest articles

Energy Fuels Stock Jumps as $725 Million U.S. Loan Commitment Lifts Rare Earth Plans

Energy Fuels Stock Jumps as $725 Million U.S. Loan Commitment Lifts Rare Earth Plans

18 June 2026
Energy Fuels surged 10% to $16.84 after a conditional U.S. government loan commitment of up to $725 million for White Mesa Mill expansion and a planned U.S. rare earth facility, outpacing uranium and rare earth peers; the loan remains subject to due diligence, final agreements, and approvals, with risks including commodity prices, permitting, and execution flagged by the company.
Kroger edges down after it sticks to 2026 guidance

Kroger edges down after it sticks to 2026 guidance

18 June 2026
Kroger shares fell about 3% in premarket trading after first-quarter adjusted profit missed estimates by a cent despite a sales beat, as margin pressure from price cuts and higher transport costs raised investor doubts about CEO Greg Foran’s strategy to win back shoppers from Walmart and Costco.
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