QuantumScape Jumps 16.5% on Honda Solid-State Battery Pact
Technology Sarah Chen

QuantumScape Jumps 16.5% on Honda Solid-State Battery Pact

QuantumScape (QS) surged 16.5% to $8.04 after Honda R&D signed a multi-year solid-state battery research deal, adding a key automaker catalyst before the Juneteenth holiday.

QS SLDP
Accenture's Slashed Outlook Sinks IT Services Stocks
Earnings James Calloway

Accenture's Slashed Outlook Sinks IT Services Stocks

Accenture shares plunged 18% after cutting its fiscal 2026 sales growth outlook to 3-4%, triggering broad declines in IT services stocks and raising concerns over AI-driven growth.

ACN INFY CSCO IBM
Saudi Aramco Plans Global Oil Storage Expansion After Hormuz Disruption
Commodities Rebecca Torres

Saudi Aramco Plans Global Oil Storage Expansion After Hormuz Disruption

Saudi Aramco is considering expanding its global oil storage network after the Iran war disrupted Strait of Hormuz flows, with Chairman Yasir Al-Rumayyan emphasizing that supply security now requires more than spare capacity.

USO
VIX Tumbles as US-Iran Truce Eases Oil Fears, But Political Risk Persists
Markets Daniel Marsh

VIX Tumbles as US-Iran Truce Eases Oil Fears, But Political Risk Persists

The VIX dropped 11% to 16.40 as the US-Iran deal eased oil and inflation fears, but canceled talks in Switzerland keep political risk in focus.

SPY USO QQQ XLE
Jersey Mike's Dethrones Chick-fil-A in Customer Satisfaction Rankings
Markets Daniel Marsh

Jersey Mike's Dethrones Chick-fil-A in Customer Satisfaction Rankings

Jersey Mike's Subs scored 84 in the 2026 ACSI restaurant study, edging out Chick-fil-A's 83 and ending its 11-year streak as the top-ranked U.S. quick-service chain.

BX
Lam Research and Kulicke & Soffa Rally on AI-Driven Semiconductor Demand
Markets Daniel Marsh

Lam Research and Kulicke & Soffa Rally on AI-Driven Semiconductor Demand

Lam Research (LRCX) and Kulicke & Soffa (KLIC) shares surge on strong AI chip demand and earnings optimism, while Block (SQ) shows undervaluation potential amid high P/E ratios.

LRCX KLIC GFS COHU SQ
Nasdaq Surges on Tech Rebound, Intel Rally, and Iran Deal Optimism
Markets Daniel Marsh

Nasdaq Surges on Tech Rebound, Intel Rally, and Iran Deal Optimism

The Nasdaq rallied 1.91% on Thursday, led by a 10.6% surge in Intel after Trump announced an Apple partnership, while an Iran deal lowered oil prices and eased inflation fears.

INTC AAPL ACN IBM TSM
Kardigan Surges 37.5% in Nasdaq Debut After $400M Upsized IPO
IPO Michael Okonkwo

Kardigan Surges 37.5% in Nasdaq Debut After $400M Upsized IPO

Kardigan closed at $22, up 37.5% from its $16 IPO price, after raising $400 million in an upsized Nasdaq debut, highlighting renewed investor appetite for large biotech IPOs.

Tenon Medical Plunges 42% on Record Volume Amid Nasdaq Compliance Crisis
Markets Daniel Marsh

Tenon Medical Plunges 42% on Record Volume Amid Nasdaq Compliance Crisis

Tenon Medical shares fell 42% to a 52-week low on record volume as the company faces Nasdaq delisting risks and a going-concern warning.

TNON SIBN OFIX
Cisco Bounces Back on AI Infrastructure Optimism Ahead of Juneteenth Holiday
Technology Sarah Chen

Cisco Bounces Back on AI Infrastructure Optimism Ahead of Juneteenth Holiday

Cisco shares climbed 1.88% to $119.54, snapping a four-day losing streak, driven by AI infrastructure optimism ahead of the Juneteenth market holiday.

CSCO ANET AVGO HPE
Rocket Lab edges lower ahead of Nasdaq-100 inclusion as SpaceX momentum fades
Markets Daniel Marsh

Rocket Lab edges lower ahead of Nasdaq-100 inclusion as SpaceX momentum fades

Rocket Lab fell 0.7% to $107.24 in heavy trading as investors weighed its upcoming Nasdaq-100 inclusion against SpaceX's post-IPO retreat.

RKLB
ISS Leak Escalation Threatens Zvezda Module Operations
Analysis Daniel Marsh

ISS Leak Escalation Threatens Zvezda Module Operations

Russia may permanently seal the PrK tunnel on the ISS to reduce air leaks, but this could limit station flexibility and impact commercial successor projects ahead of the 2030 retirement deadline.

SPCE BA