Today: 5 June 2026
Browse Category

NSE:PANACEABIO 26 December 2025

Panacea Biotec Share Price Surges on UNICEF Vaccine Contract Upgrade: News, Forecasts and Stock Analysis for 26 December 2025

Panacea Biotec Share Price Surges on UNICEF Vaccine Contract Upgrade: News, Forecasts and Stock Analysis for 26 December 2025

Panacea Biotec shares surged on December 26 after the company announced UNICEF had increased its vaccine supply contract by $8.93 million for 2026–27. The stock traded as high as ₹419.40, with midday volume near 13 million shares, following the exchange disclosure of higher contracted values for its Easyfive‑TT vaccine. Indian benchmarks remained subdued in thin holiday trading.

Stock Market Today

  • Broadcom Shares Drop 12% Following Disappointing AI Chip Sales Forecast
    June 5, 2026, 1:15 AM EDT. Broadcom's stock dropped approximately 12% after the chipmaker's forecast for AI semiconductor sales fell short of analyst expectations. The company reported $22.19 billion in revenue and earnings per share of $2.44, slightly above estimates. However, its forecast for AI chip revenue in Q3, at $16 billion, missed the anticipated $17.2 billion. Broadcom maintained its full-year AI sales outlook amid strong 143% year-over-year growth in AI semiconductor revenue for Q2. CEO Hock Tan reaffirmed confidence in surpassing $100 billion in AI semiconductor revenue by fiscal 2027. The decline reflects high market expectations amid a robust AI-driven semiconductor sector, fueled by spending from major tech firms such as Google and Meta.

Latest articles

Dow Hits Record, But Wall Street Watches After-Hours Session

Dow Hits Record, But Wall Street Watches After-Hours Session

5 June 2026
Dow soared to a record close, but after-hours jitters hit as Broadcom missed revenue expectations and cut its AI-chip forecast, dragging chip stocks and exposing markets to Friday’s key jobs report, which could sway rates, yields, and tech valuations. Lululemon shares plunged 11% after slashing its profit outlook.
AT&T Stock Drops, Investors Eye SpaceX’s Move

AT&T Stock Drops, Investors Eye SpaceX’s Move

5 June 2026
AT&T shares plunged 3.3% to $22.77 after a Supreme Court loss and an Oppenheimer downgrade citing rising satellite broadband competition, as SpaceX’s $75 billion IPO nears; investors fear AT&T’s fiber-heavy strategy faces new risks, with Oppenheimer warning broadband and mobile growth could be at risk from low Earth orbit rivals.
Marvell rises as chip peers drop, Wall Street eyes index move

Marvell rises as chip peers drop, Wall Street eyes index move

5 June 2026
Marvell jumped 4.9% to $316.43, defying a chip selloff, as traders bet on S&P 500 inclusion and Nvidia-linked AI demand; the stock later slipped to $305.18 after hours, with volume more than double average, as investors await Friday’s S&P announcement and weigh risks of high expectations and index flows.
Guidewire Beats Earnings but Shares Drop on Revenue Number

Guidewire Beats Earnings but Shares Drop on Revenue Number

5 June 2026
Guidewire Software plunged 13.77% after hours to $130.36 as investors fixated on annual recurring revenue guidance that missed Wall Street’s target by a narrow margin, overshadowing strong earnings and revenue beats; the stock’s sharp drop highlights concerns over contract growth pacing despite raised full-year outlooks and robust financials.
Go toTop