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Technology 26 June 2026 - 27 June 2026

Cisco (NASDAQ:CSCO) drops on volume, hurts Dow

Cisco (NASDAQ:CSCO) drops on volume, hurts Dow

Cisco Systems plunged 4.37% to $113.77 on Friday, wiping out 32 Dow points and trading at more than double average volume as the AI-networking trade cooled sharply; despite record Q3 revenue and raised AI order guidance, the stock ended 12.7% below its 52-week high and faces investor scrutiny on AI order conversion and margins ahead of a shortened holiday week.
Cisco Systems (NASDAQ:CSCO) drop puts AI order wave up against valuation pressures

Cisco Systems (NASDAQ:CSCO) drop puts AI order wave up against valuation pressures

Cisco plunged 4.5% to $113.77, erasing $21 billion in value on heavy volume as FTSE Russell’s reconstitution drove trading; despite the drop, KeyBanc raised its price target to $130, implying 14% upside, but with AI revenue still a small slice of Cisco’s total, investors face pressure to see AI orders convert to revenue amid a volatile tech sector.
Tech fund outflows hit US stocks after hours as AI trade momentum cools

Tech fund outflows hit US stocks after hours as AI trade momentum cools

Tech sector funds saw nearly $20 billion in weekly outflows, reversing last week’s record inflow, as the Nasdaq 100 slid 1.09% and chip stocks tumbled, with the PHLX semiconductor index down over 4% for its biggest weekly drop since March, raising fresh concerns for investors in large tech and chip names.
BlackBerry (NYSE:BB) jumps after QNX outlook nudge, eyes on cash flow

BlackBerry (NYSE:BB) stock watches QNX beat with AI premium in play after $1B re-rate

BlackBerry surged to a $6.06 billion market cap after QNX revenue jumped 26% and fiscal 2027 revenue guidance rose by $10 million, but premarket shares slipped 2.8% after the rally; analysts lifted targets, citing faster operating leverage and rising QNX growth, while the company’s first cash-positive Q1 in nine years and a $1 billion QNX royalty backlog highlight investor focus on embedded-AI potential.
Triller jumps, SpaceX stake now values above its market cap

Triller jumps, SpaceX stake now values above its market cap

Triller shares soared 95% premarket after revealing a $411.3 million SpaceX-linked purchase—nearly seven times its equity value at Thursday’s close—though the deal, still pending escrow and conditions, highlights a massive size mismatch and comes as Triller faces a $346 million working-capital deficit and warns its cash is insufficient for the next year.
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Stock Market Today

  • Take-Two Interactive Stock Valuation Post-GTA VI Launch: Fairly Priced or Overvalued?
    June 27, 2026, 5:07 PM EDT. Take-Two Interactive Software (TTWO) shares closed at $238.72, showing mixed performance with an 8.2% rise over the past month but a 5.1% drop year-to-date. The stock remains up 64.1% over three years. Despite recent hype around the GTA VI release, TTWO scores 0 out of 6 in Simply Wall St's valuation checks. A Discounted Cash Flow (DCF) analysis estimates intrinsic value at $227.44 per share, suggesting the stock is approximately 5% overvalued. TTWO's position as a leading video game publisher influences market re-evaluations of its future earnings and project pipeline. Investors should monitor valuation fluctuations closely given volatile earnings and shifting market expectations.

Latest articles

IHG buyback near record highs puts capital-return math in focus

IHG buyback near record highs puts capital-return math in focus

27 June 2026
IHG bought back 200,000 shares for $34 million at near-record prices through June 25, shrinking its share count as its London stock closed Friday at $171.55, just 2.4% below its all-time high; this aggressive buyback, part of a new $950 million program, means future per-share growth will rely more on room and fee expansion, with investors eyeing upcoming half-year results on August 11.
NextEra Energy (NYSE:NEE) lags utilities as tax-credit deadline nears

NextEra Energy (NYSE:NEE) lags utilities as tax-credit deadline nears

27 June 2026
NextEra Energy (NEE) closed up 0.98% at $88.56 on Friday with volume 144% of its 65-day average, but underperformed the Utilities Select Sector SPDR Fund (XLU) despite being its largest holding, as investors weighed deal and project risks ahead of a July 4 clean-energy tax-credit deadline that could impact project economics.
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