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Stock Market 24 February 2026

On June 18, 2026, U.S. stock markets closed higher, with the S&P 500 up 1.07%, the Nasdaq climbing 1.48%, and the Dow gaining 0.35%. Growth stocks led the advance, while chip stocks rallied following President Donald Trump’s announcement that Apple and Intel will collaborate on U.S. chip design and manufacturing, though no commercial details were shared. Intel surged about 10.6% to near a record $134. Marvell Technology jumped 7.27% to $310.58 after reports that Amazon Web Services is in early talks to sell its Trainium AI chips to other firms, and KeyBanc raised its price target for Marvell. The iShares Semiconductor ETF rose 7.4%, and Entegris gained 13.6%. Nvidia finished up 2.8% near $210, with a market value of about $5.1 trillion. Qnity Electronics climbed 7.2% to $168.07. Wolfspeed soared 17.91% to $57.41 and filed to register up to 24.07 million shares for resale by selling stockholders, with no proceeds going to the company. Bloom Energy rose 15.4% to a new closing high of $328.91 amid interest in AI power-infrastructure stocks, while FuelCell Energy rallied 20% to $24.04 on optimism about securing data-center power contracts. Flex rose nearly 3% to $147.61 and will join the S&P 500. SoFi gained 2.8% to $17.91, with CEO Anthony Noto purchasing shares. American Airlines rose 3.7% as oil prices fell, while Transocean dropped 5.9% and Lockheed Martin fell 4.1%. SpaceX ended at $185, down 3.5% but still 37% above its IPO price. Take-Two gained 4.93% after Rockstar set a date for Grand Theft Auto VI preorders. U.S. markets will be closed Friday for the Juneteenth holiday.
Bank of America stock steadies premarket after Monday’s drop as tariff jitters rattle banks

Bank of America stock steadies premarket after Monday’s drop as tariff jitters rattle banks

Bank of America shares were little changed in premarket trading Tuesday after closing down 3.75% amid a broad selloff in bank stocks. The KBW Regional Banking Index dropped 4.26% Monday as Treasury yields swung and investors weighed tariff headlines. JPMorgan, Wells Fargo, and Morgan Stanley each fell about 4%. U.S. stock futures edged higher early Tuesday ahead of key earnings and policy events.
Blue Owl stock price drops premarket after Deutsche Bank downgrade as private-credit jitters linger

Blue Owl stock price drops premarket after Deutsche Bank downgrade as private-credit jitters linger

Blue Owl Capital shares dropped 4.2% in premarket trading Tuesday after Deutsche Bank downgraded the stock to Hold and cut its price target to $10. The move follows rising investor concern over private-credit fund liquidity and exposure to software loans. Blue Owl has lost over 16% in five days amid headlines on fund withdrawals and a disputed financing issue tied to CoreWeave. Investors are watching for the March 2 dividend payment.
24 February 2026
Palantir stock price slides with software selloff; tariffs and Nvidia earnings set the next test

Palantir stock price slides with software selloff; tariffs and Nvidia earnings set the next test

Palantir shares fell 3.4% to $130.60 on Monday as investors sold off high-risk software stocks amid tariff uncertainty and renewed debate over AI disruption. U.S. stock indexes also declined, with software among the hardest hit. Traders are watching for Nvidia’s earnings report Wednesday, seen as the next major driver for AI-linked stocks. Futures edged higher early Tuesday, but markets remain volatile as tariff policy shifts.
American Airlines stock slips before open as Northeast blizzard snarls flights and shelf filing hits tape

American Airlines stock slips before open as Northeast blizzard snarls flights and shelf filing hits tape

American Airlines shares fell 4.8% to $12.93 in premarket trading after a Northeast blizzard forced widespread flight cancellations. The company also filed a shelf registration late Monday, allowing for possible future sales of stock or debt. Operations resumed at Washington Reagan National and Philadelphia, with New York and Boston expected later Tuesday. Delta and United stocks also declined.
24 February 2026
Novo Nordisk stock slips again as CagriSema miss drives forecast cuts and puts next catalysts in focus

Novo Nordisk stock slips again as CagriSema miss drives forecast cuts and puts next catalysts in focus

Novo Nordisk shares fell 2.5% to 245.1 Danish crowns Tuesday after its CagriSema obesity drug failed to match Eli Lilly’s tirzepatide in a Phase 3 trial. Barclays cut its peak sales forecast for CagriSema to $2 billion from $12 billion. Novo also reported mid-stage China trial results for its “triple G” obesity drug UBT251, showing up to 19.7% weight loss after 24 weeks.
Nvidia stock steadies in premarket as earnings loom and AI spend faces scrutiny

Nvidia stock steadies in premarket as earnings loom and AI spend faces scrutiny

Nvidia shares traded at $191.55, up 0.9%, ahead of quarterly results due Wednesday after the bell. Options markets signal a possible 6% swing in either direction, reflecting investor focus on AI demand, supply constraints, and China sales. Wall Street expects revenue to jump over 68% to $66.16 billion. The company will release results at 4:20 p.m. ET, with a conference call at 5 p.m.
Gossamer Bio stock tumbles again premarket as Phase 3 PAH miss rewrites the story

Gossamer Bio stock tumbles again premarket as Phase 3 PAH miss rewrites the story

Gossamer Bio shares traded near $0.42 in early premarket Tuesday after plunging about 80% when its main drug failed to meet the primary goal in a Phase 3 trial. The company said the study’s key endpoint improved by 13.3 meters but did not reach statistical significance. Analysts downgraded the stock and flagged risks around funding and regulatory timelines. Gossamer plans to meet the FDA and paused another study.
Shopify stock price slides 7% as tariff fog, AI jitters squeeze software names

Shopify stock price slides 7% as tariff fog, AI jitters squeeze software names

Shopify shares fell 7.1% to $117.28 on Monday, their steepest drop in weeks, as investors sold off software stocks amid U.S. tariff uncertainty and AI disruption fears. The S&P 500 software group slid 4.3%. U.S. Customs set a 10% tariff rate starting Tuesday, with a possible increase to 15% under discussion. No new Shopify announcements were made Monday.
American Express stock tumbles 7% as “AI scare trade” hits payments; what to watch before the open

American Express stock tumbles 7% as “AI scare trade” hits payments; what to watch before the open

American Express shares fell 7.2% to $321.24, among the steepest drops on the Dow, after a weekend research note warned AI could disrupt card fees and spending. The decline was not linked to company earnings but sparked broader selling in payments stocks, with Visa and Capital One also down. Investors are watching upcoming U.S. data and Federal Reserve signals for further direction.
SSE share price rises after £600m capital securities call — what investors watch next

SSE share price rises after £600m capital securities call — what investors watch next

SSE PLC shares rose 1.7% to 2,623.2 pence by 0938 GMT after the company announced plans to redeem £600 million of capital securities in full on April 14. The stock traded near a 52-week high, while other UK utilities also gained. SSE said the securities’ listing will be cancelled after settlement. The company expects lower adjusted earnings per share for the year ending March 2026.

Stock Market Today

  • Palantir Technologies Valuation Insights: PLTR Stock Analysis
    June 18, 2026, 7:43 PM EDT. Palantir Technologies (PLTR) trades at $130.63 with a market cap of $312.7 billion and a trailing price-to-earnings (P/E) ratio of 137.1x, indicating a significant premium. Revenue grew 67.7% last year, with a 3-year compound annual growth rate (CAGR) of 39.6%. Net margins stand at 43.7%, near the company's peak. To justify its valuation, Palantir needs to sustain a 33.7% revenue CAGR over seven years, while margins normalize to about 27.3% and P/E falls to 28.8x. Current high growth rates are cyclical peaks, making the stock's valuation sensitive to performance shifts. Analysts caution investing in PLTR without diversification due to its fragile single-stock risk, recommending portfolio strategies like the Trefis High Quality Portfolio to mitigate volatility and capitalize on broader market opportunities.

Latest articles

Cisco trades higher ahead of Juneteenth holiday with AI-networking names in the mix

Cisco trades higher ahead of Juneteenth holiday with AI-networking names in the mix

19 June 2026
Cisco surged 1.88% to $119.54 on heavy volume, snapping a four-day slide as investors bet on its raised $9 billion AI-infrastructure order target from hyperscale customers, but risks remain if AI demand slows or revenue conversion lags, especially with U.S. markets closed Friday for Juneteenth and after recent restructuring news.
Rocket Lab Drops Even After Nasdaq-100 Nod, SpaceX IPO Buzz Fades

Rocket Lab stock slips as Nasdaq-100 entry nears and SpaceX fever cools

19 June 2026
Rocket Lab fell 0.7% to $107.24 in heavy trading as investors weighed its upcoming Nasdaq-100 inclusion Monday against pressure from SpaceX’s post-IPO drop; despite a 63.5% revenue jump and KeyBanc’s upgrade, Rocket Lab posted a $45 million Q1 loss and faces risks tied to Neutron’s development.
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