Today: 18 June 2026
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Technology 18 June 2026

U.S. stock markets saw strong gains on Thursday, with the S&P 500 up 1.07%, the Nasdaq rising 1.48%, and the Dow gaining 0.35%. Chip stocks led the rally, boosted by President Donald Trump's announcement that Apple and Intel will collaborate on U.S. chip design and manufacturing, though the companies have not confirmed the deal. The iShares Semiconductor ETF jumped 7.4%, Qnity Electronics rose 7.2%, and Entegris climbed 13.6%. Corning shares also rebounded, driven by investor focus on its AI data-center exposure. Apple is expected to raise product prices due to higher memory and storage chip costs, as AI data centers consume more DRAM and high-bandwidth memory. Salesforce shares remained under pressure despite record results and strong AI-driven recurring revenue, with concerns about its $3.6 billion Fin deal and AI pricing risks. SpaceX’s public debut has created tax and diversification challenges for employees with stock-heavy compensation. FreeCast shares surged 89.5% after announcing a Starlink Business reseller deal. HIVE’s BUZZ HPC unit secured a $220 million GPU cloud contract, and Ondas agreed to acquire Cyberhawk for $125 million. Accenture cut its full-year revenue outlook, citing pressure from U.S. federal contracts. Meta shares dropped 5.4% after an executive departure. Nokia gained on news of a Lenovo patent deal and moves in optical networking and defense. The U.S. Transportation Department ended its investigation into Delta Air Lines over the 2024 CrowdStrike outage, removing a regulatory threat. Markets will be closed Friday for Juneteenth.
US stocks finish up as chip shares surge and oil falls

US stocks finish up as chip shares surge and oil falls

Semiconductor stocks surged, powering the Nasdaq up 1.48%, after President Trump announced Apple will partner with Intel on U.S. chip design and manufacturing, boosting Intel shares and the Philadelphia semiconductor index, while investors weighed Fed rate risks and lower oil prices ahead of the Juneteenth holiday market closure.
18 June 2026
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Hyperscale Data stock gains with traders looking at AI data-center plan, Bitcoin move

Hyperscale Data stock gains with traders looking at AI data-center plan, Bitcoin move

Hyperscale Data shares surged 8.4% to 43.12 cents on heavy volume as investors focused on the company’s push into AI data centers and its $46.9 million Bitcoin holdings, while a potential Michigan agreement for 20 megawatts of AI compute capacity remains under negotiation and subject to financing and approvals.
18 June 2026
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AI Names Drop, Oil Upends Inflation Bets, US Stocks Slip

Chips push Wall St higher, oil’s slide softens Fed hit

Intel surged nearly 8% after President Trump announced Apple will partner with the company on U.S. chip design and manufacturing, driving chip shares higher and lifting the Nasdaq 1.25%, even as the Fed held rates steady and signaled a possible hike, and oil prices fell following a U.S.-Iran agreement to reopen the Strait of Hormuz.
18 June 2026
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Dow slips in New York after jobs data boosts rate-hike talk

Dow Gains as Chip Stocks Climb, Oil Drops; Fed Rate Concerns Linger

Intel surged nearly 10% after Apple agreed to design and manufacture chips with the company, powering a record high for the Philadelphia Semiconductor Index and leading a broad tech rally, while the Dow lagged the S&P 500 and Nasdaq as investors weighed lower oil prices, a steady Fed rate, and rising odds of a September hike.
18 June 2026
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Nokia trades above Helsinki market on Lenovo pact and U.S. AI push

Nokia trades above Helsinki market on Lenovo pact and U.S. AI push

Nokia jumped 1.3% to €12.20 after signing a multi-year cross-licence patent deal with Lenovo and unveiling new optical-networking and defence projects, but undisclosed financial terms and a 119% year-to-date share surge mean investors now expect clear revenue and profit growth, with risks from cloud spending and patent renewals looming ahead of Q2 results on July 23.
18 June 2026
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Stock Market Today

  • Transocean Shares Fall 5.9% Despite $185 Million Contract Backlog Amid Oil Price Drop
    June 18, 2026, 5:15 PM EDT. Transocean Ltd. shares declined 5.9% to $5.25 on the NYSE as oil prices fell following a U.S.-Iran interim agreement aimed at reopening the Strait of Hormuz, potentially easing supply concerns. The offshore driller secured $185 million in new contracts, extending its backlog with work starting mostly in 2027 and 2028. Other offshore drillers, including Valaris, Noble, and Seadrill, also traded lower amid the market downturn. Analysts note the backlog offers steady business but does not offset immediate impacts from crude price drops. The market awaits further geopolitical developments which could affect crude prices and drilling sector valuations.

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Lockheed Martin stock falls as defense shares lag broader Wall Street rally

Lockheed Martin stock falls as defense shares lag broader Wall Street rally

18 June 2026
Lockheed Martin plunged 4.1% to $510.76, underperforming a rising market as investors dumped defense stocks after a U.S.-Iran interim deal eased conflict risk; sector peers also fell, with no immediate earnings boost from Lockheed’s new GM Defense pact, leaving shares pressured by a fading war premium despite ongoing manufacturing headlines.
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