stock-market-news

22
Jun

Stock Market News — June 22, 2026 — Evening Update — Last 12 Hours (Pacific Time)

South Korea's KOSPI tumbled over 5% as investors locked in gains from the AI chip rally, with SK Hynix sliding 7.5%, while Primoris Services cratered 30% on a slashed outlook. Quantum stocks surged after Trump signed executive orders boosting development, lifting IBM 3.75% on White House praise.
8 min read
22
Jun

Stock Market News — June 22, 2026 — Morning Update — Last 12 Hours (Pacific Time)

Alphabet tumbled 6.8% amid AI talent losses and SpaceX competition, while SpaceX launched a $20B bond offering backed by a $100.8B cash balance—signaling a major power shift in tech. AbbVie's $10.9B acquisition of Apogee Therapeutics and CRH's $8.5B purchase of Arcosa drove M&A momentum, though Luci
8 min read
21
Jun

Stock Market News — June 21, 2026 — Weekend Recap — Last 6 Hours (Pacific Time)

SK Hynix overtakes Samsung as South Korea's most valuable company, signaling strong AI memory demand, while China escalates supply chain tensions by tightening rare earth and indium export controls. IPO activity from Lime (backed by Uber) and Coowa adds cautious optimism, though geopolitical frictio
6 min read
19
Jun

Stock Market News — June 19, 2026 — Morning Update — Last 12 Hours (Pacific Time)

European stocks closed mixed Friday as cancelled U.S.-Iran nuclear talks erased gains and pressured energy markets, while BHP tumbled on a $2.3B Jansen project cost overrun. Record AI-driven inflows into U.S. equity funds provided a bright spot, offsetting geopolitical headwinds and sector-specific
8 min read
18
Jun

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

U.S.-Iran peace deal lifts S&P 500 1% and Nasdaq nearly 2%, with tech surging on chip enthusiasm including Marvell's 7% jump and a Trump-backed Apple-Intel partnership. Defense contractors plummet—Northrop Grumman (-5.8%), Lockheed Martin (-4.3%), L3Harris (-6.4%)—while SpaceX cools after its IPO fr
8 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
17
Jun

Stock Market News — June 17, 2026 — Evening Update — Last 12 Hours (Pacific Time)

Markets closed lower Wednesday as the Fed's hawkish dot plot sent stocks sliding and yields soaring, but sentiment reversed sharply after a U.S.-Iran peace deal sparked an Asian rally with record highs in Japan and South Korea. Apple dominated headlines with price hike warnings due to chip costs, a
8 min read
17
Jun

Stock Market News — June 17, 2026 — Morning Update — Last 12 Hours (Pacific Time)

Semiconductor stocks led a broad market rally as Intel's 18A-P process entered risk production, lifting ASML to a 52-week high and Applied Materials nearly 9%, while a reported U.S.-Iran peace deal and biotech wins offset BMW's 7% profit warning plunge ahead of today's Fed decision.
8 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