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Stock Market 16 June 2026

Snap Stock Rebounds as Nasdaq Rally and Specs Reveal Put SNAP Back in Focus

Snap Stock Rebounds as Nasdaq Rally and Specs Reveal Put SNAP Back in Focus

New York, June 16, 2026, 9:19 a.m. ET Snap Inc. stock bounced hard on Monday, but the move looked more like a risk-on rebound than a clean company-specific reset. The shares rose 8.56% to $5.71, outperforming larger tech names and snapping a six-day losing streak, while the broader Nasdaq Composite rose 3.07% and the Dow gained 0.92%. The latest available quote also showed SNAP at $5.71, with a market value around $9.64 billion. The stock rose because investors moved back into technology and growth names after a rough stretch, helped by a broader market rally. But Tuesday’s setup was more cautious, with U.S. futures subdued ahead of the Federal Reserve decision, which matters for growth stocks because interest-rate expectations affect how investors value future profits.
16 June 2026
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D-Wave Quantum Stock Jumps as Mizuho Target Hike Revives QBTS Rally

D-Wave Quantum Stock Jumps as Mizuho Target Hike Revives QBTS Rally

D-Wave Quantum Inc. shares moved sharply higher after Mizuho analyst Vijay Rakesh raised the firm’s price target on QBTS to $35 from $29 and kept an Outperform rating on the stock. The latest available quote showed D-Wave at $26.26, giving the company a market value of about $9.65 billion. Investopedia reported that the rally also lifted other quantum names, including Quantum Computing Inc., Rigetti Computing and IonQ, showing that investors treated the call as a sector signal rather than a D-Wave-only event. The stock rose because the new target reinforced the market’s belief that D-Wave can be more than a quantum annealing company. Quantum annealing is a computing approach often used for optimization problems, while gate-model quantum computing is the broader circuit-style approach pursued by many industry rivals. D-Wave’s June 1 roadmap targets 100 logical qubits by 2032; logical qubits are error-corrected qubits designed to be more reliable than raw physical qubits. Chief Executive Dr. Alan Baratz said, “The industry has spent years talking about fault tolerance. We believe D-Wave has a highly differentiated and credible path to achieving it.”
16 June 2026
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SPCH ETF Pops on SpaceX Surge, 2X Leveraged Trade Heats Up After IPO

SPCH ETF Pops on SpaceX Surge, 2X Leveraged Trade Heats Up After IPO

New York, June 16, 2026, 08:03. Themes ETF Trust’s Leverage Shares 2X Long SPCX Daily ETF jumped in early trading Tuesday, tracking gains tied to SpaceX’s post-IPO rally. SPCH finished at $20.88 Monday, after moving between $16.40 and $21.88. Turnover hit about 14.8 million shares. The ETF was indicated at $23.16 before the bell at 8:03 a.m. EDT. Cboe launched SPCH and the 2X Short SPCX Daily ETF as new listings on June 15.
16 June 2026
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QTREX Quantum Stock Extends Rally After 97% AME Yield Milestone

QTREX Quantum Stock Extends Rally After 97% AME Yield Milestone

QTREX Quantum Ltd. shares surged after the company said its Additively Manufactured Electronics technology, or AME, had moved from a development setting to the production floor at one of the largest U.S.-based interconnect manufacturers. AME means electronics made with additive, layer-by-layer manufacturing rather than only conventional assembly. The stock closed Monday at $2.20, up 70.54%, after trading between $1.45 and $2.62, and Google Finance showed the shares at $2.38 in Tuesday premarket trading, up another 8.18%. The rally was driven by a specific manufacturing milestone. QTREX said the customer used its AME technology to produce multiple components and validate the manufacturing and assembly process through hundreds of evaluations covering reliability, vibration, environmental exposure, humidity, assembly integration and yield performance. Yield, in manufacturing, is the share of output that meets requirements without being scrapped or reworked. The company said the AME-enabled process achieved 97% yield, a figure investors read as a sign that the technology may be closer to commercial use rather than just lab testing.
16 June 2026
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Cre8 Enterprise Trades Higher in Pre-Market After Nasdaq CRE Move

Cre8 Enterprise Trades Higher in Pre-Market After Nasdaq CRE Move

New York, June 16, 2026, 08:05. Cre8 Enterprise Limited jumped Tuesday in premarket trading, with Class A stock rising on Nasdaq. MT Newswires via Tiger Brokers flagged a 57% premarket gain after CRE closed up 7.1% Monday. A Tiger Brokers update later priced the stock at $3.15 after a 7.14% advance, quoting $4.32 premarket, up 37.16% at 07:45 EDT. The float is around 1.09 million shares, making CRE more volatile with trading swings.
16 June 2026
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Marvell Stock Rises as AI Momentum, Analyst Target Hike and S&P 500 Entry Lift MRVL

Marvell Stock Rises as AI Momentum, Analyst Target Hike and S&P 500 Entry Lift MRVL

Marvell Technology’s stock is back in focus after a sharp Monday move tied to the same forces that have powered the chipmaker’s 2026 rally: AI infrastructure demand, index buying and fresh analyst support. Shares closed Monday at $308.88, up 10.43%, according to MarketScreener’s MRVL quote page, while early Tuesday premarket trading showed some profit-taking around $305.26. The stock’s market value was about $276 billion, and its price/earnings ratio, or P/E — the share price divided by earnings per share — stood above 100, a level that signals investors are paying heavily for future growth. The latest spark came from the analyst side. MarketScreener reported Tuesday that GF Securities Co. Ltd. maintained its buy recommendation on Marvell and lifted its price target to $350 from $230. That helps explain why buyers are still chasing the stock after a steep run. At the same time, the broader consensus is less aggressive: MarketScreener’s analyst page listed a buy consensus from 44 analysts but an average target price of $235.70, below Monday’s close. That gap is the tension in the stock today. Bulls see Marvell as a core AI infrastructure winner; bears see a name that may already be pricing in years of execution.
16 June 2026
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Bitmine up as its Ethereum reserves reach 5.62 million ETH with BMNP launch ahead

Bitmine up as its Ethereum reserves reach 5.62 million ETH with BMNP launch ahead

Bitmine Immersion Technologies Inc. shares gained after the miner reported its Ethereum treasury had grown to 5,620,754 ETH, or about 4.66% of the total ETH supply. BMNR ended Monday up 6.21% at $17.11, with the stock trading in a $17.05 to $17.82 range during the session. BMNR was last seen at $17.12 in premarket trading Tuesday, according to StockAnalysis market data. Bitmine said its crypto assets, cash, marketable securities and investments stood at $10.4 billion on June 14. Bitmine shares climbed after the company’s update added more Ether to its books and opened a new financing track for investors to work out. The company said it picked up 76,881 ETH last week, with Chairman Thomas “Tom” Lee repeating, “Over the past week, we acquired 76,881 ETH.” Early Tuesday, Ether traded around $1,797, higher than the $1,718 price Bitmine used in the June 14 holdings snapshot. That price shift matters: Bitmine’s 10-K spells out that ETH prices and treasury moves now have much more impact on BMNR’s results than its old mining business.
16 June 2026
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Opendoor Shares Edge Higher Ahead of Russell 3000 Change; Eyes on Q2 Profit Test

Opendoor Shares Edge Higher Ahead of Russell 3000 Change; Eyes on Q2 Profit Test

Opendoor Technologies Inc. gained 3.83% Monday, finishing the session at $4.61 after trading in a $4.57 to $4.825 range. Volume reached 46.5 million shares. Before Tuesday’s U.S. open, early quotes put the stock near $4.63. Stocks moved up in a risk-on day for U.S. markets, with Reuters saying futures on the Nasdaq and Dow were a bit higher as traders waited for the Federal Reserve rate call. Opendoor hasn’t issued a new press release, according to its investor relations site. The latest items there were June 15 Form 4 filings and a June 12 8-K related to its annual meeting. Opendoor heads for a technical event as the company said it will join the Russell 3000 Index after the U.S. close on June 26. FTSE Russell said the revamped index lineup goes live after that close, with another look at preliminary lists set for June 18. Index inclusion tends to draw buying from passive funds that match indexes instead of picking names; CME Group notes these funds must adjust positions when stocks shift in or out of Russell indexes. For a name as volatile as Opendoor, that flow may help the stock, but the effect can vanish after the trades
16 June 2026
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Iveda Solutions Moves Higher, IVDA Volume Spikes After AI Tracking Update

Iveda Solutions Moves Higher, IVDA Volume Spikes After AI Tracking Update

Iveda Solutions, Inc. jumped Monday after announcing its new precision-tracking feature. The Mesa, Arizona tech firm finished the session at $0.3162, up 12.57%. Traders came back into the Nasdaq small-cap, with volume spiking. Google Finance reported nearly 59.6 million shares changed hands; Robinhood put the total above 61 million, both far ahead of normal. On Tuesday before the open, Google Finance showed quotes near $0.48. Iveda shares reacted after the company announced June 15 an upgrade to its IvedaRTLS platform, which tracks assets and personnel using tags, anchors and dashboard software. The new version brings in Bluetooth Angle of Arrival tech, letting the system estimate positions by measuring where signals come from, with up to 10 centimeter accuracy. Iveda said it's going after hospitals, manufacturers and logistics groups who want tighter asset tracking and less equipment loss. “This upgrade closes the gap, giving organizations visibility precise enough to make appropriate decisions immediately,” CEO and founder David Ly said.
16 June 2026
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IM Cannabis Stock Surges as Traders Weigh Nasdaq Listing and Dilution Risks

IM Cannabis Stock Surges as Traders Weigh Nasdaq Listing and Dilution Risks

IM Cannabis Corp. shares are trading heavy again. IMCC closed at $0.2610 on June 15, up 12.31% on Nasdaq, and was last seen at $0.3491 in the premarket at 6:43 a.m. ET on June 16, according to StockAnalysis market data. The stock is moving without any fresh company updates. The company’s investor-relations site and SEC filings show the last events were a June 9 Form F-3 resale registration and a related 6-K and the June 3 financing filing. Nothing new has hit in the past day or so. IM Cannabis stock climbed, but the action looks like penny stock trading. Finviz reported 100.7 million shares traded versus a 2.30 million average. Shares are still down 89% over the last year and trade 93% below the 52-week high. These volume spikes can launch a small-cap when traders pile in, though gains may vanish just as quickly if buyers pull out.
16 June 2026
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AT&T Shares Slip; Sector Lags S&P With Fed Decision and Earnings On Deck

AT&T Shares Slip; Sector Lags S&P With Fed Decision and Earnings On Deck

AT&T Inc. shares fell Monday as the stock lagged the broader market. Investors moved out of telecoms like AT&T and into tech names before the Federal Reserve’s latest rate decision. AT&T lost 29 cents, or 1.23%, closing at $23.29, with a $23.31 indication for early Tuesday, according to Google Finance. Verizon shares dropped 2.16%. The S&P 500 rose 1.65%, and the Dow gained 0.92%. Losses weren’t just limited to AT&T. AT&T is often seen as a pick for yield and defense, drawing investors seeking stable returns but lagging when growth names lead. Reuters reported Tuesday that U.S. futures stayed muted with traders focused on the Fed, while chip and AI stocks outperformed. Telecoms react to interest rates, with investors weighing dividends against bond yields, and big firms like AT&T carry heavy debt loads.
16 June 2026
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Joby Aviation Stock Rises as Air Taxi Demand Data Gives Bulls a Fresh Lift

Joby Aviation Stock Rises as Air Taxi Demand Data Gives Bulls a Fresh Lift

Joby Aviation shares moved higher after investors found a fresh reason to revisit air-taxi stocks. The stock was last quoted at $9.67, up roughly $0.53, while the Invesco QQQ Trust, a widely followed Nasdaq-100 exchange-traded fund, also rose in a stronger market tape. Monday’s move was not just a Joby story. The broader eVTOL group rallied as risk appetite improved, with one market report noting Joby climbed about 7% alongside gains in Archer Aviation and EHang. The stock also got help from renewed attention on consumer demand. A Jefferies survey reported by financial media found that about half of consumers were aware of eVTOLs — electric vertical takeoff and landing aircraft — and that 79% expressed some interest in trying flying taxis. The same survey indicated riders would pay about $91 for a 15-minute flight that saves 45 minutes, a key data point because Joby’s valuation depends less on current revenue and more on whether air-taxi service can become a real, repeat-use transportation market.
16 June 2026
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Volaris Board Shifts as Red Cross Blood Flights Serve 1,100 in Mexico

Volaris Board Shifts as Red Cross Blood Flights Serve 1,100 in Mexico

Volaris started the week with some changes at the top and a public-health milestone. The Mexican budget airline said director Andrew Broderick quit the board as of June 15. TipRanks reported Broderick left for another job. Mexican outlet Milenio also covered the resignation and said the airline hasn’t named a replacement. Broderick’s departure is notable given his aviation track record. Volaris’ investor-relations site shows he’s been on its board since 2023 and identifies him as managing director at Indigo Partners LLC, where he’s worked since July 2008. He’s also listed in the same profile as holding board seats at Frontier Airlines Holdings, JetSMART Airlines SpA, Wizz Air Holdings, APiJET and CleanJoule.
16 June 2026
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Nu Holdings Ticks Higher After Citi Downgrade; Buyback and Credit Concerns Still Linger

Nu Holdings Ticks Higher After Citi Downgrade; Buyback and Credit Concerns Still Linger

• Nu Holdings finished Monday at $12.43, gaining 1.97%. Shares edged higher early Tuesday before the open.• Citigroup dropped its NU rating to Neutral from Buy and lowered its price target to $13, down from $18.• Focus has turned to second-quarter credit quality and margins, moving away from just watching customer growth. Nu Holdings Ltd., parent of Nubank, gained Monday. The stock closed 1.97% higher at $12.43 and edged up to $12.46 early Tuesday, according to MarketScreener. This followed a Wall Street downgrade, but NU shares held up and the Latin American fintech theme stayed in play. U.S. stocks ran higher, with the S&P 500 up 1.7% and the Nasdaq advancing 3.1%, as traders took on more risk with oil moving lower, AP said.
16 June 2026
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Archer Aviation Stock Jumps 9% as ACHR Investors Eye FAA Air Taxi Catalyst

Archer Aviation Stock Jumps 9% as ACHR Investors Eye FAA Air Taxi Catalyst

Archer Aviation Inc. bounced sharply in the latest session, closing at $5.55 on June 15, up 9.25%, after trading between $5.32 and $5.62. The stock was quoted unchanged at $5.55 in early Tuesday premarket trading. Google Finance showed a market value of about $4.22 billion, but also a wide 52-week range of $4.80 to $14.62, a reminder that the air-taxi name remains highly volatile. The move appears to have come from a better market tape, not a new Archer announcement. Global equities rallied Monday after a preliminary U.S.-Iran agreement pushed oil lower and eased inflation worries, with Reuters reporting gains across major indexes and a three-month low for oil futures. The Associated Press said the S&P 500 rose 1.7%, the Nasdaq jumped 3.1%, and the Russell 2000 index of smaller companies added 0.7%. That matters for Archer because high-growth, unprofitable companies are often valued on future cash flows; when rate and inflation fears ease, investors tend to become more willing to pay for long-dated growth stories.
16 June 2026
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SL Science Holding pops at Nasdaq open, SPAC risks linger

SL Science Holding pops at Nasdaq open, SPAC risks linger

SL Science Holding Limited Ordinary Shares shot up in early trading Tuesday. The stock jumped after its Nasdaq IPO, with Robinhood showing SLBT at $18.90. Shares traded in a wide range, between $3.00 and $21.05 on June 16. Volume hit 3.93 million, way over the average 487,860. That came after a steep fall on the first day—Finviz said SLBT ended June 15 at $3.33, down 42.59%. Yahoo Finance also pegged the close at $3.33, previous close $4.00. Wild price action is common for new SPAC listings like SLBT. This run looked driven by liquidity and float, not clinical news. SL Science began trading on Nasdaq under the ticker “SLBT” after its merger with Horizon Space Acquisition II Corp., according to a June 15 Form 6-K. The ordinary shares started trading June 15. Nasdaq suspended Horizon Space’s shares, rights and units after the merger, its notice said. SL Science now trades as SLBT, taking Horizon Space’s place on the exchange after the SPAC deal.
16 June 2026
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Dow, S&P 500, Nasdaq Futures Gain; Oil Falls Ahead of Fed Decision

Stock futures flat with Fed decision ahead

• Dow futures ticked up in early U.S. premarket hours as S&P 500 and Nasdaq futures hovered near flat.• Stocks rallied Monday after oil prices fell, U.S.-Iran worries cooled, and tech shares bounced.• Traders now look to the Federal Reserve’s June 16–17 meeting, with a rate call expected Wednesday. Stock futures in the U.S. barely moved early Tuesday, with Wall Street coming off a strong rally Monday. Investors weighed some relief after a tentative U.S.-Iran deal, but kept an eye on the upcoming Fed policy decision. Dow Jones futures were up 62 points, or 0.12%, to 51,804 by 5:06 a.m. ET. Nasdaq 100 futures added 58.50 points, or 0.19%, to 30,617.75. S&P 500 futures ticked up 1.75 points, or 0.02%, to 7,563, according to Markets Insider premarket data. Futures trade before the open and point to early direction, but can swing ahead of the bell.
16 June 2026
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Substack hires ex-Roku exec to drive sponsorships

Substack hires ex-Roku exec to drive sponsorships

Substack steps into the brand sponsorship game with Dan Robbins now leading that push as its first head of brand sponsorships. Robbins, who’s done stints at Roku, PayPal, and Nielsen, joins as the company starts offering more native sponsorships to writers and creators. “Subscriptions remain the foundation of creator businesses on Substack,” Robbins told Axios, as the brand partnership platform starts rolling out. Substack said Monday that Yahoo Scout, Whatnot, Granola, Balenciaga, T-Mobile, Polymarket and Uber are its first sponsors. CEO Chris Best wrote that the companies are spending “millions of dollars” with Substack creators. Publishers choose their sponsor partners and keep control of the creative process, Best added.
16 June 2026
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Fox sinks following $22 billion Roku deal as streaming stocks get sold off

Fox sinks following $22 billion Roku deal as streaming stocks get sold off

Fox Corporation stock skidded after the company said it will buy Roku. Fox execs called it a streaming deal, but investors dumped the stock. Fox Class A slid 16.8% and finished at $54.76, losing $11.09. Class B lost 15.2% and closed at $49.96. Fox lost billions in market cap with a buyout that’s about as big as the company itself. Fox is putting up $96 in cash and 0.9693 Fox Class A shares per Roku share, valuing the deal at $160 a share. Roku’s enterprise value, counting debt and equity, comes in around $22 billion. Fox plans to merge its Tubi, sports, news, and entertainment businesses with Roku’s connected-TV assets, including The Roku Channel and data operations. The move would push Fox's streaming footprint to over 100 million homes, according to the company. “A defining moment for FOX,” CEO Lachlan Murdoch said. Fox is targeting a close in the first half of 2027, with the deal subject to shareholder and regulatory sign-off.
16 June 2026
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Shell Drops After Oil Slides and Buyback Halt Hits Sentiment

Shell Drops After Oil Slides and Buyback Halt Hits Sentiment

London, June 16, 2026, 10:02 — Shell shares slipped as lower oil prices and a $3 billion buyback suspension pushed investors to watch the stock closely. Shell Plc shares traded lower in London on Tuesday, still weighed down after a broad selloff in energy stocks and questions about its paused buyback programme. Hargreaves Lansdown quoted Shell at 3,070.50p to sell and 3,071.00p to buy, off by 10p, or 0.32%, on delayed data. The FTSE 100 was up 0.57%. On Monday, Shell fell 4.35% to finish at £30.81, lagging the FTSE 100’s 0.39% drop.
16 June 2026
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Stock Market Today

  • Oil climbs over 2% as US hits Iran, truce shakes, supply risks grow
    July 8, 2026, 1:55 AM EDT. Oil jumped more than 2% Wednesday after U.S. airstrikes on Iran and fresh U.S. sanctions targeting Iranian crude. Brent was last up 2.6% at $76.08 a barrel, U.S. West Texas Intermediate up 2.6% to $72.26. The strikes answered Iranian attacks on shipping near the Strait of Hormuz, which moves about a fifth of the world's energy supplies. Traders are watching for supply disruptions after the truce between the U.S. and Iran showed signs of falling apart, sending prices higher after a recent slide on hopes for more Middle East barrels.
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