News Bulletin

Tuesday, June 23 2026
Evening Edition

 

Economic Numbers:

 

Time

Event

Actual

Forecast

Previous

Tuesday, June 23, 2026

 

8:15

ADP Employment Change Weekly

30.75K

 

26.50K

8:55

Redbook (YoY)

2:24

 

0.094

9:45

S&P Global Services PMI (Jun)

7:12

2:24

50.7

9:45

S&P Global Manufacturing PMI (Jun)

16:48

14:24

55.1

9:45

S&P Global Composite PMI (Jun)

4:48

 

51.5

10:00

Richmond Services Index (Jun)

 

 

14

10:00

Richmond Manufacturing Shipments (Jun)

0:00

 

16

10:00

Richmond Manufacturing Index (Jun)

0:00

0:00

13

13:00

2-Year Note Auction

1:00

 

0.04071

13:00

M2 Money Supply (MoM) (May)

23.05T

 

22.80T

14:44

U.S. President Trump Speaks

 

 

 

16:30

API Weekly Crude Oil Stock

 

 

-8.330M

 

Indices:
 

 

 

CLOSE

50 DMA

200 DMA

DJIA

51,666.84

50,085.09

48,215.64

NASDAQ

25,587.04

25,673.16

23,571.45

S&P 500

7,365.47

7,351.87

6,917.61

 

Earnings Calendar:

(EPS: Earning Per Share)

 

Company

EPS

Consensus

Previous

Revenue

Consensus

Previous

MarketCap

Fiscal

Time

FedEx FDX

23:02

6.07

23.54B

22.2B

$85.77B

Q4

PM

Carnival CCL

0.41

11:02

0.35

6.7B

6.68B

6.33B

$27.61B

Q2

AM

Kb Home KBH

19:12

1.5

1.26B

1.5B

$4B

Q2

PM

Korn Ferry International KFY

1.4

8:52

1.32

759.8M

732.67M

712M

$3.17B

Q4

AM

Worthington Industries WOR

3:07

1.06

368.31M

317.9M

$2.53B

Q4

PM

 

Market News:

 

Wall Street on Tuesday was largely under pressure due a steep sell-off in the technology sector. A historic slide in South Korea’s stock market on tech weakness spilled over into the global equity space and hit U.S. chipmakers and the overall artificial intelligence trade. Meanwhile, oil prices fell on increased shipping activity through the critical Strait of Hormuz, even as traders parsed conflicting messages from the U.S. and Iran on Tehran’s nuclear issues. Some positive economic data on U.S. business activity also arrived.

 

SpaceX shares climbed about 4% on Tuesday, bouncing back from a three-day skid during which the stock lost nearly 24%.Shortly after the market open, shares slipped below $150, the price of its first trade when it debuted nearly two weeks ago. The initial slide also took the market cap below $2 trillion.

 

Galectin Therapeutics Inc (NASDAQ:GALT) shares jumped 20% Tuesday following the company’s announcement that it reached agreement with the FDA on the primary endpoint and regulatory path for belapectin’s potential full approval.

 

Penguin Solutions Inc (NASDAQ:PENG) shares rose 1.2% on Tuesday after the company announced it joined Nvidia’s AI Factory Specialized Partner program.

 

Oracle shed 21,000 jobs, almost 13% of its workforce, in the past year, as tech giants carry out sweeping layoffs as a result of AI. The company’s total workforce stands at 141,000 full-time employees as of May 2026, it said in its annual regulatory filing on Monday. That’s down from 162,000 employees at the same time the previous year. This represents an almost 13% cut in its total workforce.

 

Mega-Cap Movers (Market Cap:$200 billion USD and higher)

 

SanDisk Corp-Exch (SNDK); -14.05%

Micron Tech (MU); -12.75%

Lam Research Corp (LRCX); -9.39%

Arm (ARM); -9.59%

Qualcomm Inc (QCOM); Qualcomm (QCOM) Is Said To Near Deal For Ai Chip Startup Modular - Bloomberg; -9.19%

Kla-tencor Corp (KLAC); -9.26%

Marvell Technology Group Ltd (MRVL); -9.72%

Texas Instru (TXN); -8.85%

Analog Devices (ADI); -8.8%

Western Digital (WDC); -8.76%

 

Large-Cap Stock Movers (Market Cap:$10-$200 billion USD)

 

Applied Opt (AAOI); ClassOne Technology receives record order from AAOI; -12.69%

Credo Technology Holding (CRDO); -11.36%

ON Semiconductor (ON); -10.7%

Tower Semiconductor (TSEM); -10.85%

GS Acquisition A (VRT); -10.49%

Sunbelt Rentals Holdings (SUNB); -9.56%

Entegris Inc. (ENTG); -9.2%

Nova Measuring In (NVMI); -9.3%

Nanometrics Incor (ONTO); -9.94%

DRAM (DRAM); +12.5%

 

Mid-Cap Stock Movers (Market Cap:$2-$10 billion USD)

 

SNXX (SNXX); -27.85%

Amc Entertat Hld (AMC); AMC Entertainment to raise $200 million via stock offering; -25.18%

MUU (MUU); -25.08%

Primoris Services (PRIM); KeyBanc downgrades Primoris Services stock rating on guidance cut; -23.4%

AXT Inc (AXTI); -16.19%

Camtek Ltd (CAMT); -13.34%

Fluence Energy (FLNC); Fluence launches 10 MWh energy storage system expansion; -13.26%

Puyi ADR (MAAS); +31.44%

Churchill Capital (INFQ); +12.65%

Quantinuum (QNT); +13.34%

 

Small-Cap Stock Movers (Market Cap:$300 million -$2 billion USD)

 

Julong Holding Ltd (JLHL); -28.17%

SNDU (SNDU); -28.15%

AAOX (AAOX); -25.28%

MULL (MULL); -25.48%

MVLL (MVLL); -18.93%

Bull Horns (ZSQR); -16.04%

Monopar Therapeutics Inc (MNPR); +18.19%

Backblaze (BLZE); Craig-Hallum upgrades Backblaze stock rating on CoreWeave deal; +43.35%

Centricus Acquisition (ARQQ); +33.58%

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