Today: 19 June 2026
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NYSE:IFX 26 May 2026

Infleqtion shares react to $100 million quantum funding news in Washington

Infleqtion Shares Up 31% This Week After $100 Million Quantum Contract, Eyes on Tuesday Trading

Infleqtion shares surged 11.2% Friday to $16.35, capping a 31.4% weekly gain ahead of the Memorial Day market closure. The rally followed a May 21 letter of intent with the U.S. Commerce Department for up to $100 million in proposed funding under the CHIPS Act. The award is not final and depends on meeting development milestones. U.S. equity markets reopen Tuesday after the holiday.

Stock Market Today

  • Stocks Reach Record Highs in Japan and South Korea as Dollar Strengthens on Fed Boost
    June 19, 2026, 12:01 AM EDT. Shares in Japan and South Korea hit record highs on Friday. The reopening of the Strait of Hormuz eased Middle East tensions, contributing to lower oil prices and reduced inflation worries. This environment supported the equity markets in the region. Meanwhile, the U.S. dollar gained strength following signals from the Federal Reserve. Lower oil prices and a robust dollar helped calm investor fears, driving gains in Asian stocks.

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Kardigan pops in first Nasdaq trading after $400 million IPO

Kardigan pops in first Nasdaq trading after $400 million IPO

19 June 2026
Kardigan surged 37.5% above its $16 IPO price to close at $22 after raising $400 million in an upsized Nasdaq debut, signaling renewed investor appetite for large biotech IPOs as the company advances three late-stage cardiovascular drug candidates.
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