Today: 13 June 2026

Leokadia Głogulska

Replimune jumps 85% after FDA opens up third dose for skin cancer therapy

Replimune jumps 85% after FDA opens up third dose for skin cancer therapy

Replimune Group shares soared 85% to $8.64 Friday after the company said it will resubmit its advanced melanoma drug RP1 to the FDA, which agreed to a priority review. The FDA had rejected the therapy in April, citing lack of a control group. Replimune plans to file again within days and will present new trial data at an oncology meeting May 30. Bristol Myers fell 0.6%, while Iovance dropped 6.5%.
29 May 2026
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3X AI Chip ETF surged from $100,000 to $1.28 million, but future gains get harder

3X AI Chip ETF surged from $100,000 to $1.28 million, but future gains get harder

Direxion Daily Semiconductor Bull 3X Shares (SOXL) traded just above $220 early Friday, down from a $224.63 close after a steep rally tied to AI chip demand. A $100,000 investment in SOXL a year ago would have grown to about $1.28 million by May 27, according to 24/7 Wall St. Nvidia posted record quarterly revenue of $81.6 billion, mostly from data centers. U.S. technology funds saw $2.75 billion in inflows last week.
29 May 2026
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ByteDance AI chip effort may open Qualcomm to new markets outside smartphones

ByteDance AI chip effort may open Qualcomm to new markets outside smartphones

ByteDance is developing custom AI chips and CPUs for its data centers and has reportedly agreed to buy millions of Qualcomm’s ASICs, Bloomberg reported. The company is working on Arm and RISC-V architectures and has contacted outside partners for chip design and manufacturing, according to Reuters. Qualcomm shares rose 2.1% after the news. ByteDance faces higher CPU prices from Intel and AMD and long lead times.
29 May 2026
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Dell Technologies Stock Just Hit a Record. Wall Street Is Now Asking How Much AI Is Already Priced In

Dell stock catches Wall Street’s AI hardware attention

Dell shares jumped $87.50 to $404.55 Friday after the company raised its full-year outlook and reported quarterly revenue up 88% to $43.84 billion. AI-optimized server sales reached $16.1 billion, surpassing PC revenue. Dell booked $24.4 billion in AI orders and secured a $9.7 billion U.S. War Department contract. The company warned that rising memory costs and supply risks could pressure margins.
29 May 2026
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Dimon signals possible return of $20 billion JPMorgan deal

Dimon signals possible return of $20 billion JPMorgan deal

JPMorgan Chase CEO Jamie Dimon said the bank could spend $10 billion to $20 billion on an acquisition in the next few years and expects $40 billion to $50 billion in excess capital. JPMorgan reported $16.5 billion net income for Q1 and record markets revenue. Shares fell nearly 3% Wednesday after the bank raised its 2026 expense target to $106 billion. Dimon did not specify a sector or target for any deal.
29 May 2026
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HPE shares jump ahead of earnings after Dell’s AI server surge

HPE shares jump ahead of earnings after Dell’s AI server surge

Hewlett Packard Enterprise shares surged 23.5% premarket Friday after Dell raised its annual AI-server revenue outlook, citing strong demand for Nvidia-powered systems. HPE will report fiscal second-quarter results after the close on June 1. Investors are watching for signs HPE can match Dell’s order flow while maintaining margins in its Cloud & AI and networking units. Super Micro Computer shares also rose 10.7% premarket.
29 May 2026
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Virgin Galactic Stock Bounces Back; SPCE Eyes Key Test

Virgin Galactic Stock Bounces Back; SPCE Eyes Key Test

Virgin Galactic shares rose 19.53% Thursday to $4.53, their highest close in weeks, with trading volume nearly four times the 50-day average. The company resumed VSS Unity glide flights in New Mexico and plans further tests ahead of commercial launches. A judge approved a $2.75 million shareholder suit settlement, with insurers paying. Virgin Galactic posted a Q1 net loss of $64.7 million on $227,000 revenue.
29 May 2026
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Nokia’s AI Rally Hits a Wall as Shares Slide Again in Helsinki

Nokia’s AI Rally Hits a Wall as Shares Slide Again in Helsinki

Nokia shares fell 2.74% to 12.96 euros in Helsinki by late Friday morning, underperforming the OMX Helsinki 25 index. The drop followed two weak U.S. sessions for Nokia’s American depositary receipts, which slid over 7% across Wednesday and Thursday. Investors trimmed positions after a sharp AI-driven rally. Nokia recently raised its 2026 Network Infrastructure sales growth forecast to 12%-14%.
29 May 2026
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NetApp Up 13% After Strong Earnings, Citing AI Storage Demand

NetApp Up 13% After Strong Earnings, Citing AI Storage Demand

NetApp shares jumped 13% to near $161 in after-hours trading Thursday after the company beat Wall Street estimates with $1.95 billion in quarterly revenue and $2.43 adjusted EPS. The company forecast fiscal 2027 revenue up to $7.575 billion, citing strong AI and cloud demand. All-flash array revenue hit a record $1.2 billion. NetApp warned of margin risks from rising memory and component costs.
29 May 2026
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Tesla Shares Keep Moving Higher As Self-Driving Risks Stay in Focus

Tesla Shares Keep Moving Higher As Self-Driving Risks Stay in Focus

Tesla shares closed up 0.4% at $442.10 on Thursday, marking a sixth straight gain as European sales rebounded and tech optimism outweighed concerns over self-driving features. April registrations in Europe rose 46.5% to 10,654 vehicles, but BYD remained ahead with 27,008. Tesla’s Q1 production exceeded deliveries by about 50,000 units. Safety experts and ex-employees raised new doubts about Tesla’s Full Self-Driving system.
29 May 2026
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Smart Home Showdown 2025: Google Nest vs Alexa, HomeKit & the Rest – Which Ecosystem Rules?

The Post-Assistant Era: Google’s Gemini Comes Home – What It Means for Your Smart Home

Google will replace Google Assistant with Gemini on Nest smart speakers and displays, starting early access in October 2025. New Nest hardware, including 2K HDR cameras and a Gemini-powered smart speaker, is expected this fall. Google plans to launch a “Google Home Premium” subscription with advanced AI features. Support for 1st- and 2nd-gen Nest Learning Thermostats ends October 2025, limiting them to manual use.
14 September 2025
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Stock Market Today

  • Korn Ferry (KFY) Stock Valuation: Momentum Builds Amid Modest Undervaluation
    June 13, 2026, 11:45 AM EDT. Korn Ferry's (KFY) stock rose about 14% in the last month and 21% over three months, driven by steady fundamentals including annual revenue of $2.86 billion and a market capitalization near $3.8 billion. Trading at $73.22, the share price sits roughly 8% below analysts' average target and nearly 47% below intrinsic value estimates, suggesting a potential buying opportunity. The consensus fair value of $75.50 points to a modest 3% undervaluation. Growth prospects hinge on Korn Ferry's expansion into larger markets and maintaining strong consulting demand. However, risks include pricing pressures and slower contract conversions. Investors are advised to review the company's financials and market position closely before decision-making.

Latest articles

Annaly Capital Stock Holds Near $22 After Dividend Hike as Investors Eye Fed Rate Catalyst

Annaly Capital Stock Holds Near $22 After Dividend Hike as Investors Eye Fed Rate Catalyst

13 June 2026
Annaly Capital Management hiked its quarterly dividend to $0.75 per share, boosting its annualized yield to about 13.6% at Friday’s $22.00 close; shares finished nearly flat as investors weighed the higher payout against ongoing interest rate and mortgage market risks, with analyst consensus showing a “Moderate Buy” and an average 12-month price target of $24.22.
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