Today: 22 June 2026
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Technology 20 June 2026 - 22 June 2026

Getty Images Holdings surged in premarket trading after announcing a multi-year display deal with OpenAI related to ChatGPT, though financial details were not disclosed. Western Digital rose 4.86% as investors bought into memory and storage stocks amid AI-driven storage scarcity, with the company forecasting fiscal Q4 revenue at a $3.65 billion midpoint. Sandisk also climbed, reflecting sector momentum after Apple’s warning about rising memory costs, which is supporting NAND pricing. Nokia shares slipped slightly as the company works through an AI-infrastructure rerating ahead of its Q2 closed window. Intel jumped over 10% after President Trump said Apple plans to collaborate with Intel on U.S. chip design and manufacturing, though details were not confirmed by the companies. Micron gained 8.7% ahead of its June 24 earnings, which are seen as a test for the AI-led chip rally’s earnings support. CoreWeave is set to join the Nasdaq-100, with shares up 17.3% over the last five days. Super Micro rose 10.37% as traders await the impact of a $7 billion equity-linked deal. Amazon gained 2.9% ahead of Prime Day, which will provide insight into consumer demand and Prime activity. Grab outperformed the Nasdaq Composite for the week, rising about 8%. Apple ended the week just under $300, with investors weighing whether higher device prices can maintain margins amid rising costs. Trump’s financial disclosures showed large transactions in Nvidia, Apple, and an S&P 500 index fund, as well as significant family holdings in Trump Media and American Bitcoin. Congressional filings revealed a spouse holding substantial stakes in major tech firms and recent options exercises. Marvell rose 7.27% and is set to join the S&P 500, while ARK Investment Management bought $52 million of Snowflake after the company raised its outlook and announced a major AWS deal. The Nasdaq ended the week up 2.4%, with upcoming reports from Micron and key economic data in focus. Broadcom gained 4.7% but remains below its early June high as investors reassess AI expectations. Goldman Sachs cut smartphone shipment forecasts due to rising memory costs, highlighting the impact of the AI chip crunch. Cerebras Systems rose nearly 10% for the week and will report earnings soon.
Western Digital (NASDAQ: WDC) rises as storage shortage plays out

Western Digital (NASDAQ: WDC) rises as storage shortage plays out

Western Digital surged 4.86% to $746.23 as investors chased the AI storage scarcity trade and anticipated the June 22 exchange of remaining Sandisk shares for WDC stock, adding $11.9 billion in equity value—over three times fiscal Q4 revenue guidance—while the market paid up for durable pricing and 51%-52% gross margin targets, despite risks if shortages or pricing ease.
22 June 2026
Nokia Oyj (HEL:NOKIA, NYSE:NOK) slips heading into Q2; AI-optical momentum pressured

Nokia Oyj (HEL:NOKIA, NYSE:NOK) slips heading into Q2; AI-optical momentum pressured

Nokia shares have erased €18.5 billion in equity value since June 3, falling 21.9% as investors question whether Q1’s AI-cloud surge signals a lasting growth cycle or just a fleeting rally; with Q2 results due July 23, the stock is trading as a referendum on AI momentum, not telecom legacy, and faces further downside if AI orders or margins disappoint.
Intel (NASDAQ: INTC) Gets an Apple Premium, Math Shows Little Room Left

Intel (NASDAQ: INTC) Gets an Apple Premium, Math Shows Little Room Left

Intel soared 10.64% to $133.99 after Trump claimed Apple will work with Intel on U.S. chip design and manufacturing, adding $64.8 billion in equity value—nearly 4.8 times Q1 revenue—in one day; premarket quotes hit $139.64, above Mizuho’s new $135 target, but neither Apple nor Intel confirmed details, leaving the stock priced for validation before customer specifics are public.
What Donald Trump and his family are investing in: Nvidia, Trump Media and bitcoin stocks

What Donald Trump and his family are investing in: Nvidia, Trump Media and bitcoin stocks

Trump’s accounts disclosed up to $750 million in trades, including major Nvidia and Apple purchases that gained after Thursday’s chip rally, but delayed filings mean it’s unclear if those positions were held at the close; Trump Media’s stake was valued at $974 million after reporting a $405.9 million Q1 net loss, and upcoming Micron earnings plus inflation data could impact these holdings.
Pelosi family positions in AI, Big Tech grab attention after new trades

Pelosi family positions in AI, Big Tech grab attention after new trades

House filings reveal Pelosi family holds $5M–$25M spouse-owned stakes in top tech stocks like Alphabet, Amazon, Apple, Broadcom, Microsoft, Nvidia, Salesforce, and Visa, as semiconductor shares drive Nasdaq up 2.43% in a holiday-shortened week; portfolio remains heavily concentrated in AI and tech despite recent large sales.
Intel Beats AMD for Week After Trump Comments on Apple Chips

Intel stock enters week at record high after Apple chip report, Micron test ahead

Intel surged 10.64% to a record $133.99 after President Trump said Apple agreed to work with Intel on U.S. chip design and manufacturing, though neither company confirmed details; investors await proof of large customer orders and factory execution as the stock’s rally outpaces current earnings and risks remain over the scale and timing of any Apple partnership.
Snowflake Shares Jump Ahead of Results as Wall Street Bets on AI Demand

ARK picks up $52 million in Snowflake shares, bets on AI cloud

ARK Investment Management snapped up $52 million in Snowflake shares after the cloud data firm surged 33% on raised guidance and a $6 billion AWS deal, signaling a major bet on AI-driven software revenue as analysts hiked price targets to a $280 median, but the stock’s high valuation leaves little room for disappointment.
Apple Price Increases Turn Spotlight on Memory Chip Shortages After Goldman Trims Smartphone View

Apple Price Increases Turn Spotlight on Memory Chip Shortages After Goldman Trims Smartphone View

Goldman Sachs slashed 2026-27 global smartphone shipment forecasts as surging memory-chip costs force Apple to raise prices, signaling even top-tier brands can’t absorb the AI-driven chip squeeze; Micron’s June 24 earnings now stand as a crucial test for the memory rally’s momentum, with Gartner warning soaring memory prices could cut 2026 smartphone shipments by 8.4% and push prices up 13% versus 2025.
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Stock Market Today

  • FTSE 100 Faces Critical Breakout Point with Potential for Significant Move
    June 22, 2026, 9:17 AM EDT. The FTSE 100 is at a crucial juncture, poised for a potential breakout after a prolonged period of underperformance compared to the U.S. market. Technical analysis suggests a roughly 70% chance of an upward move if the index breaks above 11,000 points, a key resistance level. Conversely, a fall below 10,000 points could signal a sharp decline. Despite prevailing low morale in the U.K. economy, this setup represents a significant opportunity for traders and investors watching Britain's primary stock index for directional confirmation.

Latest articles

Yum Brands unloads Pizza Hut in $2.7 billion deal with LongRange and Yum China

Yum Brands unloads Pizza Hut in $2.7 billion deal with LongRange and Yum China

22 June 2026
Yum Brands is selling Pizza Hut in a $2.7 billion split deal as U.S. same-store sales fall for the tenth straight quarter, aiming to become a “more focused company” and authorizing an additional $4 billion share repurchase; Yum expects $2.3 billion in net proceeds, with the deal set to close in Q3 pending approvals.
Solana DEX Volume Rises, Heaping Pressure on Coinbase and Kraken

Solana DEX Volume Rises, Heaping Pressure on Coinbase and Kraken

22 June 2026
Solana-based decentralized exchanges posted $1.31 billion in 24-hour volume and $9.92 billion over seven days, surpassing Coinbase and Kraken in weekly spot trading and drawing integration moves from both exchanges, but Galaxy warns Solana’s activity is heavily tied to speculative trading cycles and memecoins, making future volume sustainability a key investor risk.
Brands push influencer ads toward $44 billion in creator spend

Brands push influencer ads toward $44 billion in creator spend

22 June 2026
U.S. creator advertising is projected to hit $44 billion in 2026 as brands shift from one-off posts to longer, performance-based partnerships, but 79% of marketers cite ROI measurement as their biggest challenge, highlighting both massive growth and ongoing risks for investors in the creator economy.
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