Today: 19 June 2026
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Technology 18 June 2026 - 19 June 2026

Accenture shares dropped sharply, closing at $127.98, down nearly 18% on Thursday and about 25% below the previous week’s close. The company reported $18.72 billion in quarterly revenue and signed $19.32 billion in new business, but ongoing pressure from U.S. federal contracts and a fourth-quarter revenue outlook below Wall Street expectations weighed on the stock. Cisco ended a four-day losing streak, rising 1.88% to $119.54 on higher trading volume. Wolfspeed surged 17.91% to $57.41 after filing to register up to 24.07 million shares for resale by stockholders, with the company not receiving proceeds from the sale. SpaceX shares fell 3.5% to $185 but remain 37% above their $135 IPO price, with the company valued at $1.77 trillion after raising $75 billion. The public listing has created tax and diversification challenges for employees with stock-heavy compensation. Qnity Electronics rose 7.2% to $168.07 amid a broader chip rally, with the iShares Semiconductor ETF up 7.4% and Entegris gaining 13.6%. Chip stocks broadly rebounded after President Donald Trump announced a partnership between Apple and Intel for U.S. chip design and manufacturing. Corning shares outperformed the market, 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 divert supply from consumer devices. Salesforce shares remained under pressure despite record results and strong AI-driven recurring revenue, with its $3.6 billion Fin deal raising questions about AI pricing and integration risks. Hyperscale Data and FreeCast also saw significant gains linked to AI and Starlink-related developments. Meta shares fell 5.4% following news of an executive departure tied to its AI-for-work restructuring. Nokia gained 1.3% on patent and networking news, while Ondas announced a $125 million deal to acquire Cyberhawk, which is expected to deliver mostly recurring revenue. HIVE’s BUZZ HPC unit secured a $220 million GPU cloud contract. U.S. markets will be closed Friday for Juneteenth.
SpaceX Stock Closes Flat at $185 as Selling Slows, Index Review Up Next

SpaceX Stock Closes Flat at $185 as Selling Slows, Index Review Up Next

SpaceX closed at $185, down 3.5% and 18% below Tuesday’s record, as price discovery remains unsettled after its $75 billion IPO; with only 4.2% of shares floated and options trading hitting unprecedented volumes, volatility is high ahead of index entry decisions and a potential $20 billion bond sale to refinance xAI acquisition and fund AI expansion.
18 June 2026
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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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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

  • UK Shares Fall as Government Borrowing Surges Above Forecasts; Oil Prices Rise
    June 19, 2026, 5:16 AM EDT. Shares in London opened lower on Friday as UK government borrowing exceeded forecasts, raising concerns among investors. Stronger-than-expected retail sales data offered some support but failed to offset market jitters. Fresh political uncertainty emerged following comments by Andy Burnham, adding pressure to equities. Meanwhile, oil prices climbed, reflecting ongoing supply concerns and geopolitical factors. The combination of elevated borrowing and political volatility weighed on UK stocks at the open.

Latest articles

QuantumScape surges 16.5% after Honda battery deal in short U.S. week

QuantumScape surges 16.5% after Honda battery deal in short U.S. week

19 June 2026
QuantumScape surged 16.52% to $8.04 after Honda R&D signed a multi-year joint research agreement following a technical evaluation, giving investors a new automaker catalyst and sending volume soaring before the Juneteenth holiday; the stock’s next move hinges on whether the Honda tie-up drives sustained buying or profit-taking when trading resumes.
Aramco looks at oil storage abroad as Strait of Hormuz jolts market

Aramco looks at oil storage abroad as Strait of Hormuz jolts market

19 June 2026
Saudi Aramco is considering expanding global oil-storage after the Iran war disrupted flows through the Strait of Hormuz, with Chairman Yasir Al-Rumayyan warning that supply security now requires more than spare capacity; Aramco shares last traded at 26.52 riyals, down 0.3%, as investors weigh storage costs against risks of renewed disruptions and regulatory hurdles in Europe.
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