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S&P 500
7,358.22
–7.24 (–0.10%)
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Dow Jones
51,848.90
+182.06 (+0.35%)
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NASDAQ
25,476.64
–110.40 (–0.43%)
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Market close: June 24, 2026
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Stock Market Today
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Micron stock jumps over 16% in premarket trading
after blockbuster earnings
Micron soared in premarket trading on Thursday after the
memory maker reported blockbuster third-quarter earnings
as the AI boom causes demand for memory to surge.
The company’s revenue more than quadrupled from $9.3
billion a year earlier to $41.46 billion in its fiscal
third quarter, it reported on Wednesday.
Revenue came in higher than analyst expectations of
nearly $36 billion, according to LSEG consensus
estimates.
The company is now forecasting revenue of about $50
billion for the current quarter, an increase from $11.3
billion in the prior year.
Its stock was last seen up 16.4% in premarket trading
and rose a staggering 723% over the past year, pushing
the company’s market cap to $1.2 trillion.
CNBC
reports.
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Image source: Wikimedia
Commons, Lummi
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EdgeUp
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📱 Qualcomm jumps as it looks beyond smartphones to
cash in on the AI boom
Qualcomm stock jumped over 12% in premarket trading on
Thursday, after the company said it raised its
non-handset revenue target to $40 billion by fiscal
2029, twice its previous goal.
The figure includes an anticipated $15 billion in new
data center revenue.
The announcement came during the company's investor day
event in New York on Wednesday, where it outlined plans
for a variety of data center products, including chips,
servers, software, and custom processors. Yahoo
Finance
reports.
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💾 Global chip stocks surge as blowout Micron results
reignite AI rally
Global chip stocks surged on Thursday after Micron
Technology's blockbuster results reignited the AI-driven
rally, lifting tech shares from Seoul to Frankfurt as
investors grew more confident about persistent demand
and tightening supply.
Micron, a key supplier for Nvidia's AI chipsets
alongside South Korean chipmakers, forecast quarterly
profit and revenue well above expectations on Wednesday
and said its customers had committed $22 billion to lock
in supplies of memory chips.
The read-across was immediate in Europe, where Dutch
chip-equipment maker ASML, the region's most valuable
company, rose more than 4% following two days of heavy
losses triggered by investors taking profits after a
record surge.
Yahoo
Finance
reports.
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🛰️ SpaceX Stock Is Down 23% From Its Post-IPO High.
History Says This Will Happen Next.
Elon Musk's Space Exploration Technologies made its
market debut on June 12. It was the largest initial
public offering in history by two different measures.
The company raised a record $75 billion, and the stock
started trading with a record market capitalization of
nearly $1.8 trillion.
SpaceX shares hit an all-time high of $202 on June 16,
representing 50% upside from its IPO price of $135.
That brought its market value to $2.6 trillion. But the
stock has since tumbled 23% to $156 as of June 23. Yahoo
Finance
reports.
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🛢️ Oil price falls to levels not seen since before
Iran war
The price of oil has fallen to levels not seen since
before the Iran war as traffic through the key Strait of
Hormuz shipping route gradually resumes.
Global benchmark Brent crude briefly fell below $72.48 a
barrel, the price it was at the day before the US and
Israel launched attacks on Iran on February 28, before
edging up to $72.63.
Energy prices have been on a wild ride since Iran
responded to the strikes by effectively closing the
strait, a critical waterway for oil and gas shipments.
Yahoo
Finance
reports.
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₿ Bitcoin’s Woes Could Be Compounded by $10 Billion
Options Expiry
Bitcoin is facing a massive options expiry that could
put more pressure on a market already struggling with
fading institutional demand and macroeconomic headwinds.
About $10 billion of notional value in Bitcoin options
is set to expire on Deribit, the largest crypto options
venue, at 4 p.m. Friday in Singapore.
Because most of those options are bullish bets and
Bitcoin has been falling, there's potential for traders
to adopt more defensive or bearish positioning.
Yahoo
Finance
reports.
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🤖 Investors still seek a human touch even with AI
tools at hand: HSBC
Investors continue to rely on professional financial
advisers for their final investment decisions, even as
artificial intelligence becomes more widely used in the
initial stages of research, according to a survey by
HSBC.
The survey, which polled around 10,000 affluent and
high-net-worth individuals across 10 markets, found that
62% use financial professionals and institutions as
their main source of investment ideas.
About 37% of respondents said human financial experts
had the greatest influence on their final investment
decisions, three times as many as those who cited AI,
according to HSBC.
CNBC
reports.
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Don’t miss TradeZero America’s Summer
Promo
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The PDT rule is gone on June 4. To celebrate –
TradeZero America gives you:
- 50% off options contract fees — $0.21 per
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Automatically applied from June 4 through September
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Active trading and day trading involve substantial
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and are not suitable for all investors. Investors
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|
Tech Thursday
|
Why Dell Technologies Is Turning Rack-Scale AI
Systems Into a Major Growth Driver
Dell Technologies Inc. is one of the fastest-growing AI
infrastructure stocks to buy.
On June 1, 2026, Dell said it had become the first
company to ship systems built on NVIDIA's Vera Rubin
platform, delivering Dell PowerRack systems with
PowerEdge XE9812 servers based on NVIDIA Vera Rubin
NVL72 to CoreWeave.
The shipment strengthens Dell's AI infrastructure
position as the market shifts from individual GPU boxes
toward integrated rack-scale systems that combine
compute, networking, storage, power, and cooling for
production AI workloads.
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Yahoo
Finance
reports.
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Top 5 Movers in Early Pre-Market
|
(All pricing and percent gains are based on Early
Pre-Market from 4:00 AM to 7:00 AM ET)
Stock Analysis reports.
|
1) WYY: WidePoint
Corporation
Total gain: +54.94%
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Total gain: +31.35%
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3) FCUV: Focus Universal
Inc.
Total gain: +28.73%
|
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4) TECH: Bio-Techne
Corporation
Total gain: +20.54%
|
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5) WAVE: Eco Wave Power
Global AB (publ)
Total gain: +19.73%
|
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Today’s Economic Dates
|
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Time (ET)
|
Report
|
Period
|
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8:30 AM
|
Durable Goods
|
May
|
|
8:30 AM
|
3rd estimate GDP
|
1Q
|
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8:30 AM
|
Weekly Jobless Claims
|
Jun. 20
|
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View
more
|
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Yesterday's Biggest Movers
|
|
The closing price of the top three market percent
gainers trading near or above $3 on
June 24.
|
All pricing and percent gains are based on regular
market trading hours from 9:30 AM to
4:00 PM ET
Stock Analysis reports.
|
1) ECHO:
EchoStar Corporation
Total gain: +107.01%
The company announced that it will change its Nasdaq
stock ticker symbol
from "SATS" to "ECHO" to better represent the
company's expanding lines of
business. Globe
Newswire
reports.
|
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Total gain: +93.26%
The company announced a strategic partnership with
Ouma Health, a leading
provider of virtual maternity care solutions in the
United States. PR
Newswire
reports.
|
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3) ICCM:
IceCure Medical Ltd
Total gain: +51.96%
The stock appeared to be moving on no notable news.
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Refer a Friend & Earn Together
|
|
Did you know that it pays to invite your friends to
TradeZero?
|
|
When they fund a new account with us, you’ll both
receive $100 USD. T&Cs apply.
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Learn
more
|
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Today’s Notable Earnings
|
Estimate and Actual numbers represent Earnings Per Share in US
Dollars
|
|
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ADXN
Addex Therapeutics
Q1 2026
|
Before Market Open
Estimate: N/A
Actual: -1.530
|
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WGO
Winnebago Industries
Q3 2026
|
Before Market Open
Estimate: 0.780
Actual: N/A
|
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DRI
Darden Restaurants
Q4 2026
|
Before Market Open
Estimate: 3.640
Actual: N/A
|
|
View more
|
|
Enjoying the DailyEdge?
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Recommend our 5-minute daily digest to a friend by
sharing
this
link.
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Parting Thoughts
|
|
“The successful warrior is the average man, with
laser-like focus.”
|
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– Bruce Lee
|
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Sourced in: Discourses —
GoodReads.
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