earnings

25
Jun

Stock Market News — June 25, 2026 — Morning Update — Last 12 Hours (Pacific Time)

Micron Technology's record Q3 results sparked a semiconductor rally, briefly pushing its market cap past Meta and Tesla, while Qualcomm unveiled Meta as its first data center CPU customer and Applied Materials surged 7.1% on new AI chip launches. Apple's forced price hikes on Macs and iPads due to s
10 min read
24
Jun

Stock Market News — June 24, 2026 — Evening Update — Last 12 Hours (Pacific Time)

Micron Technology's record quarter sparked a $400+ billion chip stock rally, with SK Hynix surging 9% and KOSPI briefly halting after a 5%+ spike, while Anthropic accused Alibaba of "industrial-scale" AI model scraping, adding geopolitical tension to the semiconductor-driven market surge.
7 min read
18
Jun

Stock Market News — June 18, 2026 — Morning Update — Last 12 Hours (Pacific Time)

Markets rallied ~1% Thursday as a U.S.-Iran peace deal boosted sentiment, with semiconductor stocks soaring after Apple confirmed memory chip price pass-throughs—SanDisk and Micron hit 52-week highs. However, Accenture's guidance cut triggered a broad IT services selloff, dragging down IBM, Cognizan
9 min read
16
Jun

Stock Market News — June 16, 2026 — Evening Update — Last 12 Hours (Pacific Time)

SpaceX surged past Amazon and briefly topped Microsoft after its IPO, while OpenAI's $3.7 billion Q1 cash burn raised sustainability concerns. Goldman Sachs hit a record $1 trillion in first-half M&A volume as deal activity and AI partnerships drove markets, though tech rotation and Fed uncertainty
8 min read
16
Jun

Stock Market News — June 16, 2026 — Morning Update — Last 12 Hours (Pacific Time)

SpaceX surges past Microsoft and Amazon with a $3 trillion valuation and record options volume, while acquiring Cursor AI for $60 billion to boost its competitive edge. The Dow hits a record high as investors digest Iran peace deal relief, though the Nasdaq faces positioning risks amid mixed sentime
6 min read
11
Jun

Earnings Reports — June 11, 2026 — Notable Beats & Misses

Earnings season delivers a strong beat rate — 59% of US companies posted double beats. But guidance is the real story: Oracle fell on a $40B capital raise, Oxford Industries slid 10% on weak Q2 outlook, and McGraw Hill tumbled 12% despite beating. Stitch Fix bucked the trend, soaring 9%.
4 min read
05
Jun

Stock Market News — June 05, 2026 — Friday Evening

Wall Street's nine-week winning streak ended Friday with the Nasdaq plummeting 4%—its worst day in over a year—as a hotter-than-expected jobs report sparked rate hike fears and triggered a $1 trillion-plus semiconductor selloff. Meta tumbled 7% on equity raise reports while SpaceX's IPO surged 2x ov
6 min read
03
Jun

Stock Market News — June 03, 2026 — Evening Update (last 12 hours, Pacific Time)

Wall Street's nine-day winning streak ended Wednesday as Broadcom plummeted 11% after missing AI chip forecasts, dragging the broader tech sector lower alongside rising U.S.-Iran tensions. Despite a red-hot IPO market—SpaceX, Quantinuum, and Innio raising billions—bearish sentiment dominated with th
7 min read
02
Jun

Stock Market News — June 02, 2026 — Evening Update (last 12 hours, Pacific Time)

S&P 500 hits record highs above 7,600 as AI optimism dominates. SpaceX targets a historic $1.75 trillion IPO valuation at $135/share to raise $75 billion, while ChatGPT crosses 1 billion monthly users and Microsoft unveils AI-designed quantum chips.
6 min read
27
May

Stock Market News — Morning Update (last 12 hours, Pacific Time) - May 27, 2026

Tech and semiconductor stocks surge on AI momentum while Iran peace deal hopes crush oil prices, lifting cruise and airline shares. Goldman Sachs' bullish S&P 500 target of 8,000 and strong earnings beats from Abercrombie and Bath & Body Works drive moderately bullish sentiment, though cybersecurity
6 min read