Today: 24 June 2026
EchoStar drops after Nasdaq changes ticker to ECHO
24 June 2026

EchoStar drops after Nasdaq changes ticker to ECHO

EchoStar shares dropped 4.8% to $98.92 after switching its Nasdaq ticker to ECHO, as investors await $20.25 billion in proceeds from the AT&T spectrum sale that has not yet closed, while the company’s core pay-TV business continues to shrink and short interest in linked SpaceX trades rises.
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Novo Nordisk stock jumps premarket as $149 Wegovy pill hits U.S. market

Novo Nordisk (CPH:NOVO-B) gains as South Africa copycat order tops Ozempic, Wegovy local sales

Novo Nordisk’s B shares surged 9.9% in three sessions after a South African court halted rival iDexis from supplying about 84,500 compounded semaglutide units monthly—more than Novo’s Ozempic and Wegovy sales combined in the country—potentially shifting demand to Novo, though price sensitivity and an interim order pose risks.
24 June 2026
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Best Stock To Buy Today? Qualcomm’s OpenAI Chip Report Puts QCOM Back In The Market’s AI Trade

Qualcomm (NASDAQ:QCOM) slides, $19 billion lost as AI deal rumors lift investor-day expectations

Qualcomm stock plunged 8.01%—erasing $19 billion in value—amid reports of costly AI acquisitions and ahead of a crucial investor meeting where management must clarify data-center strategy and the impact of potential $12–14 billion deals on cash returns, as investors weigh sector-wide selling and risks to Qualcomm’s AI premium.
23 June 2026
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Iovance (NASDAQ:IOVA) gains after $89.7 million stock sale

Iovance (NASDAQ:IOVA) gains after $89.7 million stock sale

Iovance Biotherapeutics shares jumped 9.4% after launching a new $89.65 million at-the-market stock sale, with investors weighing limited dilution against faster Amtagvi sales growth; the company guided Q2 product revenue to $86–88 million, and said proceeds will support Amtagvi’s commercial launch and clinical trials, as investors focus on revenue momentum and manageable dilution.
23 June 2026
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NVIDIA Stock Price Slides 3% Despite Amazon Chip Deal as Oil, Rate Fears Hit AI Trade

Nvidia Stock Drops as 362-Kilowatt Rack Puts Investor Risk in Focus

Nvidia shares slid 3.6% to $201.10, erasing over $5 trillion in market value, as investors shifted focus from chip demand to power and cooling constraints highlighted by Super Micro’s new Rubin system, with Morgan Stanley warning of grid bottlenecks in 2027-2028 and Super Micro stock surging 15.7% on its end-to-end data center solution.
23 June 2026
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Viking Therapeutics Stock Jumps as Obesity Drug Catalyst Nears

Viking Therapeutics Stock Jumps as Obesity Drug Catalyst Nears

Viking Therapeutics surged 6% to $34.30 as investors bet on Phase 3 data for its lead obesity drug VK2735, expected in Q3 2026, despite no new company news and a broader market selloff; the stock’s rally reflects hopes for a late-stage win in a fiercely competitive $100 billion market dominated by Novo Nordisk and Eli Lilly, but Viking warns that delays or weak results could hit shares.
23 June 2026
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June 2025 AI News Roundup: Breakthroughs, Surprises, and Global Developments

June 2025 AI News Roundup: Breakthroughs, Surprises, and Global Developments

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28 June 2025
OpenAI CEO Sam Altman said GPT-5 will launch in summer 2025, claiming major improvements over GPT-4. Midjourney released its first text-to-video system, Model V1, in June 2025. Meta delayed LLaMA 4 Behemoth to late 2025 due to performance issues. Google DeepMind introduced Gemini Robotics On-Device, running vision-language-action AI entirely on robots.
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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

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.
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24 Jun
Strategy shares slip with pressure mounting on Saylor to halt bitcoin purchases

Strategy shares slip with pressure mounting on Saylor to halt bitcoin purchases

Strategy Inc shares plunged 5.2% to $98.45 after selling $335.5 million in stock to buy 520 bitcoin, raising investor concerns as its dollar reserve dropped 38% this year and dividend coverage shrank to 14 months, with preferred shares (STRC) sliding 3.2% to $84.56 and yields spiking to 13% as experts warn continued bitcoin buying could further erode confidence.
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24 Jun
Nasdaq edges lower in after-hours as AI chip fall spurs margin chatter

US stocks open higher with Micron earnings in focus, traders eye Fed

Micron’s post-close earnings report is the market’s next big test, with analysts expecting over 1,000% profit growth and 285% revenue growth after the stock soared 740% in a year to $1.2 trillion; a weak forecast could break the rally, especially as rate-hike bets, Thursday’s PCE inflation data, and U.S.-Iran uncertainty keep risks high.
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24 Jun
FuelCell Energy spikes premarket on Fit Energy power agreement

FuelCell Energy spikes premarket on Fit Energy power agreement

FuelCell Energy shares jumped 16% premarket after announcing a strategic deal to supply Fit Energy with up to 380 MW of on-site power for data centers, with an initial 30 MW phase beginning this year and later phases optional; warrants for up to 12 million shares at $26.44 are tied to project deposits, and the company cautioned that most capacity is not yet secured and results may differ due to execution and financing risks.
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24 Jun
Super Micro gains in premarket as AI server deals push Nvidia higher

Super Micro gains in premarket as AI server deals push Nvidia higher

Super Micro Computer jumped 1.6% premarket after new AI infrastructure partnerships in Türkiye and edge systems, following a 6% drop Tuesday; investors weigh $7 billion financing plans, cash burn, and legal risks against surging AI server orders and $10.2 billion in quarterly sales, with margins improving but volatility from large customer deals and export-control scrutiny persisting.
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24 Jun
Arqit Quantum (NASDAQ:ARQQ) climbs after fresh U.S. quantum security deals, SEC filing

Arqit Quantum (NASDAQ:ARQQ) climbs after fresh U.S. quantum security deals, SEC filing

Arqit Quantum surged 35.6% after U.S. executive orders on June 22 spotlighted post-quantum cryptography, the encryption Arqit sells, with shares quoted up again premarket; a Millennium-linked group briefly held over 5% but fell below that threshold, and a $7 million legal settlement was approved, resolving all U.S. class actions against the company.
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24 Jun
Ambu falls after Danske Bank downgrades on urology concerns

Ambu falls after Danske Bank downgrades on urology concerns

Ambu shares plunged 9.4% to 56.75 DKK after Danske Bank downgraded the stock to “sell” and slashed its price target to 58 DKK, citing faster-than-expected competition and price pressure in urology, weak ureteroscope traction, and a limited product portfolio versus rivals, despite ongoing share buybacks and recent endoscopy growth.
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24 Jun
Grab Stock Gets a July 1 Test as Indonesia Cuts Driver Fees

Grab trims Indonesia driver commissions to 8% from July 1 after Jakarta rules change

Grab and GoTo will slash Indonesian motorbike driver commissions to 8% from 20% starting July 1 after a new regulation, directly reducing platform fee income in a key market; Grab shares traded at $3.46 pre-market, down $0.02, as the company said Indonesian motorcycle rides make up less than 6% of Mobility GMV and expects 2026 margins to remain within historical ranges.
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24 Jun
Keel Infrastructure gains before the bell as Citizens initiates on AI power pipeline

Keel Infrastructure gains before the bell as Citizens initiates on AI power pipeline

Keel Infrastructure surged in premarket trade after Citizens initiated coverage with a Market Outperform rating and $10 target, citing its pivot from bitcoin mining to AI-focused power and data centers with a 2.2-gigawatt pipeline; shares were quoted at $6.98 after closing at $6.60, with Citizens seeing 51% upside despite recent revenue decline and ongoing execution risks.
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24 Jun
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