June 17, 2026 9:35 am
Key Moments Intel shares rose 4.4% in pre-market trading. The move followed progress on its 18A-P process node. The 18A-P node delivers 9% higher performance at iso-power. It also cuts power use by 18% at iso-performance. Intel’s roadmap progress supports its foundry ambitions. In addition, it keeps Apple-related speculation in focus. Intel Shares Rise on […]
Read moreJune 16, 2026 2:28 pm
Key Moments Microsoft (NASDAQGS:MSFT) is trading at $394.59 on the 4-hour chart, remaining in a bearish downtrend below major resistance zones. Key support sits at $382.28, with primary resistance clustered in the $407–$412 band that includes the 4-hour SuperTrend and key Fibonacci and Bollinger levels. Bearish setups currently have higher conviction than bullish trades, with […]
Read moreJune 16, 2026 1:55 pm
Key Moments Yum Brands agreed to sell Pizza Hut for a total consideration of $2.7 billion amid prolonged demand weakness and intense fast-food competition. Yum China will acquire the Mainland China Pizza Hut operations for $1.2 billion, while LongRange Capital will purchase the remaining business for $1.5 billion. Pizza Hut represented about 12% of Yum […]
Read moreJune 16, 2026 12:36 pm
Three AI Powerhouses With Defensible Moats Amid Seasonal Market Swings Key Moments: Advanced Micro Devices (NASDAQ: AMD) reported Q1 2026 revenue of nearly $10.3 billion, up 38% year over year and ahead of $9.9 billion consensus estimates. Taiwan Semiconductor Manufacturing Company (NYSE: TSM) posted Q1 2026 revenue of $35.9 billion, a 40.6% year-over-year increase, and […]
Read moreJune 16, 2026 11:14 am
Key Moments Nvidia completed a $25 billion (€21.5bn) bond sale, its first investment-grade issuance since 2021, after demand exceeded $85 billion (€73.2bn). Robust credit conditions following a US-Iran framework announcement helped Nvidia secure relatively low-cost, long-term funding while preserving its AA credit rating. Tech majors, including Nvidia, Meta, Oracle, Amazon and Alphabet, have raised substantial […]
Read moreJune 16, 2026 10:41 am
Key Moments Wells Fargo increased its 2026 year-end S&P 500 target to 7,950. The brokerage cited stronger corporate earnings as a key driver of its higher projection. A preliminary U.S.-Iran deal was also highlighted as a supportive factor in the outlook. Revised 2026 S&P 500 Target Wells Fargo has raised its year-end S&P 500 target […]
Read moreJune 16, 2026 9:01 am
Key Moments Bank of America upgraded ExxonMobil to Buy from Neutral and reaffirmed its $154 price target. At about $141 per share, BofA estimates ExxonMobil is now discounting a long-term Brent price of $65 per barrel. Roughly 20% of ExxonMobil’s Middle East production, largely shut in, could add about $3.3 billion in annualized free cash […]
Read moreJune 16, 2026 8:39 am
Key Moments SpaceX shares climbed more than 10% in premarket trading on Tuesday, extending a strong post-IPO advance. The stock traded at $211.8, implying a market capitalization of nearly $2.8 trillion if the gains were sustained. Over $1.16 billion of SpaceX shares changed hands by 04:14 a.m. ET, far exceeding the combined activity in Nvidia, […]
Read moreJune 15, 2026 2:20 pm
Key Moments Microsoft (NASDAQGS:MSFT) is trading at $398.65 on the 4-hour chart within a developing bear flag pattern. Major resistance is clustered between $411 and $418, below the Ichimoku Cloud and SuperTrend levels that continue to cap price. Bearish setups currently offer defined risk/reward parameters, while no attractive bullish entries are identified below resistance. Bear […]
Read moreJune 15, 2026 1:19 pm
Key Moments ON Semiconductor Corporation shares climbed 4.8% in pre-market trading after Citi placed the stock on a 90-day catalyst watch while reiterating a Neutral rating and $120 price target. Wells Fargo recently lifted its price target on the stock to $140 from $115, while Mizuho kept an Outperform-equivalent view with a $130 target. The […]
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