Today: 24 June 2026
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Technology 17 June 2026 - 18 June 2026

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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Coherent shares drop after $50 million CHIPS grant raises questions for AI optics

Coherent shares drop after $50 million CHIPS grant raises questions for AI optics

Coherent shares slid 1% to $378.85 despite a $50 million U.S. funding pledge for its Texas indium phosphide plant, as investors weighed steep valuation—48.27 times forward earnings—against supply risks and doubts over how quickly AI optics demand will drive profits, even with deepening Nvidia ties and surging wafer prices.
17 June 2026
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Vertiv shares rise as AI data center names get bid ahead of US holiday

Vertiv shares rise as AI data center names get bid ahead of US holiday

Vertiv shares jumped 7.3% to $321.49 late Wednesday, outpacing a falling market as investors piled into the AI data-center supplier after strong Q1 sales growth, raised 2026 guidance, and the completed ThermoKey acquisition, but with the stock trading at 81 times earnings, any slowdown in AI infrastructure demand or hyperscale spending could pressure its premium valuation.
17 June 2026
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Citi raises price target for Applied Materials on AI chip gear demand; stock rises

Citi raises price target for Applied Materials on AI chip gear demand; stock rises

Applied Materials surged 6.7% to $606.53 after Citi hiked its price target to $710 from $550, citing booming AI-driven chip-equipment demand; the rally reflects rising wafer fab equipment spending as cloud firms expand AI capacity, and follows Applied’s unveiling of new smart-glasses optics and advanced 3D chip production tools.
17 June 2026
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Eos Energy shares rise following Germany storage deal and factory ramp

Eos Energy shares rise following Germany storage deal and factory ramp

Why did Eos Energy shares rise on June 17, 2026? What international agreement did Eos Energy announce for its Indensity storage system? Which countries are covered by Eos Energy's new supply agreement? What is the capacity commitment in the Eos and CAPAC Energy agreement? When did Eos Energy start commercial production at its second Pennsylvania battery line? What is the purpose of Eos Energy's planned rights offering? What risks did the article
17 June 2026
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Robinhood shares gain after layoffs as focus turns to tokenized stocks

Robinhood shares gain after layoffs as focus turns to tokenized stocks

Why did Robinhood shares rise on June 17, 2026? How much did Robinhood stock increase in late-morning trading? What workforce changes did Robinhood announce? How much will Robinhood's restructuring cost in Q2? What is the SEC considering for tokenized stocks? How could an SEC exemption affect Robinhood and competitors? What did Robinhood report about trading volumes and customer assets? What risks did Robinhood warn about after the layoffs?
17 June 2026
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Stock Market Today

  • Supreme Court Rejects Fair Market Value Argument in Tax Sale Case, Allows Continued Challenge
    June 24, 2026, 12:43 PM EDT. The U.S. Supreme Court declined to accept the use of fair market value in a contentious tax sale case. However, the justices permitted the underlying legal challenge to proceed, leaving the dispute unresolved. This decision impacts how tax sales and property valuation disputes might be addressed in future cases. The ruling reflects ongoing judicial scrutiny of valuation methods in tax-related property seizures, with broad implications for both taxpayers and municipalities.
Ondas stock slips with investors watching drone-defense orders and Lockheed tie-up

Ondas stock slips with investors watching drone-defense orders and Lockheed tie-up

24 June 2026
Ondas shares plunged 6.7% to $7.96 despite announcing over $40 million in June defense orders and a Lockheed Martin counter-drone partnership, as heavy trading followed news that selling stockholders may offload more than 3.1 million shares, raising risks for investors even as the company boosted its 2026 revenue target to at least $390 million.
Uber shares climb as Eats retail push, robotaxi deals stay in focus

Uber shares climb as Eats retail push, robotaxi deals stay in focus

24 June 2026
Uber shares surged 7.2% to $74.70 after adding major retailers like Kiehl’s and FedEx Office to Uber Eats, as investors weighed strong delivery growth against ongoing risks from robotaxi rollout timing and safety lawsuits; Wall Street consensus price target stands at $108.35.
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