Today: 18 June 2026
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Stock Market 15 March 2025 - 17 March 2025

Apple shares rose after CEO Tim Cook said product price increases are “unavoidable” due to higher memory and storage-chip costs, raising questions about demand resilience for iPhones, Macs, and iPads. IBM shares fell 6.9% after Accenture’s softer sales forecast pressured consulting and IT services stocks. IBM’s AI report highlighted concerns about buyers’ control over AI outcomes. QuantumScape shares climbed 5.7% following a multi-year solid-state battery research agreement with Honda R&D, though execution risk remains as the company has no commercial product yet. Energy Fuels gained 10% after a conditional U.S. government loan commitment for its White Mesa Mill expansion and a planned rare earth facility. FreeCast shares surged 89.5% after announcing a Starlink Business reseller deal. Kroger maintained its 2026 outlook as first-quarter sales beat forecasts but margins were pressured by price investments and higher costs. HIVE’s BUZZ HPC unit secured a $220 million GPU cloud contract, boosting shares over 11%. AT&T shares traded lower as CFO Pascal Desroches announced plans to step down, with Jennifer Biry set to succeed him. Accenture cut its full-year revenue growth guidance to 3%-4% due to ongoing U.S. federal contract pressure, leading to a premarket stock drop. Meta shares fell 5.4% amid news of an executive departure. Nebius rose 4.23% ahead of joining the Nasdaq-100. Super Micro Computer dropped 4.9% as it seeks to raise $7 billion in equity. Keel Infrastructure traded higher after naming PwC USA as auditor. Nokia outperformed the OMXH25 index on news of a Lenovo patent deal and optical networking moves. Alphabet slipped 0.42% as a key AI leader left for OpenAI. Plug Power traded lower after shareholders approved issuing more shares. Intel rose on reports of a potential Apple chip partnership, though unconfirmed. Snap shares fell 8.1% as it prepares to ship its first consumer AR glasses. AMC traded at $2.66 after recent gains.
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Stock Market Today

  • S&P/TSX Composite Drops as Oil Prices Decline Following US-Iran Agreement
    June 18, 2026, 12:04 PM EDT. The S&P/TSX composite index fell nearly 150 points to 34,975.17 amid a drop in oil prices after the US and Iran signed an agreement to end hostilities and reopen the Strait of Hormuz, a key oil shipping route. August crude oil prices slid $2.79 to $73.22 per barrel. Meanwhile, U.S. markets rose with the Dow Jones up 202.09 points at 51,694.64, the S&P 500 up 68.97 points at 7,489.07, and Nasdaq climbing 326.18 points to 26,347.84. The Canadian dollar weakened to 70.75 US cents from 71.26 cents. Gold prices also declined sharply, with August contracts down nearly $110 to $4,271.50 an ounce.

Latest articles

Apple Faces Key AI Event, Wall Street Focuses on Siri

Apple shares gain after Cook signals price increases to offset chip pressure

18 June 2026
Apple jumped 0.8% to $298.25 early Thursday after CEO Tim Cook said product price hikes are “unavoidable” due to surging memory and storage-chip costs from AI-driven demand, putting investor focus on Apple’s pricing power and margin risks as chip shortages squeeze the tech sector; Intel rose 7.8%, Micron 6.6%.
IBM’s $15 Billion Move Catches Wall Street’s Eye Ahead of the Open

IBM drops after Accenture outlook, AI control worries hit IT services stocks

18 June 2026
IBM plunged 6.9% to $244.20 after Accenture’s weak sales outlook and IBM’s own AI study raised fresh concerns that customers lack control over AI systems, fueling fears that worries over vendor lock-in and business disruption could slow enterprise AI spending and pressure IBM’s consulting revenues.
QuantumScape Stock Ends Volatile Week Down; Bulls Still Looking for Key Catalyst

QuantumScape stock rises after Honda solid-state battery research deal

18 June 2026
QuantumScape shares jumped 5.7% to $7.29 after Honda R&D agreed to a multi-year solid-state battery research program, giving investors a new automaker validation point, but the company still has no revenue, no disclosed commercial supply timetable, and warns significant production is not expected in the near term.
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