Today: 19 June 2026

Deckers shares spike, then retreat after Hoka owner’s earnings, margin concerns

Deckers shares spike, then retreat after Hoka owner’s earnings, margin concerns

Deckers Outdoor shares closed up 4.5% at $102.70 Thursday after beating quarterly expectations, but fell to $100.56 in after-hours trading as investors weighed a lower-margin outlook. Fourth-quarter net sales rose 9.6% to $1.119 billion, with HOKA sales up 14.5% and UGG up 9.2%. The company forecast fiscal 2027 sales above analyst estimates and expanded its stock-buyback program by $3.5 billion.
22 May 2026
·
Ackman Sold Alphabet, Bought Microsoft in Split AI Play

Ackman Sold Alphabet, Bought Microsoft in Split AI Play

Bill Ackman’s Pershing Square sold nearly all its Alphabet shares and bought a $2.09 billion stake in Microsoft, SEC filings show. The fund now holds 5.65 million Microsoft shares and raised its Amazon position by 19%. Alphabet and Amazon both reported strong cloud and AI growth last quarter. Daniel Loeb’s Third Point made opposite moves, cutting Microsoft and adding Alphabet.
22 May 2026
····
Why AMD stock is down: hot U.S. wholesale inflation and Nvidia slump weigh on Advanced Micro Devices

AMD stock rises after $10 billion Taiwan AI move targets Nvidia

AMD shares rose 0.4% to $449.59 after the company announced plans to invest over $10 billion in Taiwan’s AI supply chain and begin production of its next EPYC server chip using TSMC’s 2-nanometer process. Amkor said it is working with AMD on advanced chip packaging in Arizona. TSMC’s U.S.-listed shares gained 1.4%, while Nvidia fell 1.8% and Intel slipped 0.4%.
22 May 2026
····
Google Stock Eyes Fresh AI Push as Traders Weigh New Risks

Google Stock Eyes Fresh AI Push as Traders Weigh New Risks

Alphabet’s Class A shares fell 0.4% to $387.66 after Google announced new AI features at its I/O conference and faced a European complaint over scam ads. Google said its conversational AI Search has surpassed 1 billion monthly users and is rolling out new AI tools and subscription tiers. Google Cloud revenue jumped 63% to $20 billion last quarter. European groups filed complaints against Google, Meta, and TikTok over scam ads.
22 May 2026
···
Ross Stores Surges on Sales Beat as Bargain Demand Holds Up

Ross Stores Surges on Sales Beat as Bargain Demand Holds Up

Ross Stores shares jumped 5.3% in after-hours trading Thursday after the company raised its full-year sales and profit forecasts. First-quarter comparable-store sales surged 17%, with total sales up 21% to $6.0 billion and net income rising to $650 million. Ross now expects 6% to 7% same-store sales growth for fiscal 2026, up from its previous 3% to 4% outlook. Rival TJX also raised its annual forecasts this week.
22 May 2026
·
Webull Stock Falls After Costs Offset 36% Revenue Gain

Webull Stock Falls After Costs Offset 36% Revenue Gain

Webull shares fell 5.4% in late trading Thursday after the company reported a first-quarter net loss of $21.7 million, reversing a profit a year earlier, as operating expenses jumped 68% to $162.3 million. Revenue rose 36% to $159.9 million, while customer assets surged 90% to $24.6 billion and trading activity increased ahead of new U.S. day-trading rules set for June.
21 May 2026
·
Workday Catches AI-Focused Investment Attention After Latest Update

Workday Catches AI-Focused Investment Attention After Latest Update

Workday shares jumped 7% in after-hours trading Thursday after the company beat Wall Street estimates with first-quarter revenue of $2.54 billion and adjusted profit of $2.66 per share. Subscription revenue rose 14.3% to $2.35 billion. CEO Aneel Bhusri, who returned in February, said over 4,000 customers now use at least one of Workday’s AI agents, more than double the previous quarter.
21 May 2026
··
Take-Two Keeps GTA 6 Launch Target, But Investors Aren’t Sold

Take-Two Keeps GTA 6 Launch Target, But Investors Aren’t Sold

Take-Two reaffirmed Grand Theft Auto VI will launch Nov. 19, 2026, and reported fourth-quarter net bookings of $1.58 billion, beating expectations. Fiscal 2027 net bookings guidance of $8.0–$8.2 billion fell short of analysts’ $9.1 billion estimate. Shares rose about 8% after hours. Recurring consumer spending made up 82% of total net bookings in the quarter.
21 May 2026
·
Dow Sets New High as Oil, Nvidia Unsettle Wall Street

Dow Sets New High as Oil, Nvidia Unsettle Wall Street

The Dow Jones closed at a record 50,285.66 on Thursday, lifted by a 12.5% jump in IBM after it secured $1 billion in federal funding for a quantum-chip venture. Brent crude fell 2.3% to $102.58 a barrel, easing inflation concerns. Nvidia dropped 1.8% despite strong earnings, while Ralph Lauren rose 13.9% and Walmart slid 7.3% on profit news. U.S. jobless claims fell to 209,000 last week.
21 May 2026
·····
BlackBerry Stock Jumps as U.S. Security Win Fuels Its Software Comeback

BlackBerry Stock Jumps as U.S. Security Win Fuels Its Software Comeback

BlackBerry’s Toronto shares closed up 7.9% after its AtHoc crisis-communications platform received renewed U.S. government cloud-security certification. Executives highlighted growth prospects for the QNX embedded-software unit at a CIBC investor conference. The U.S.-listed stock rose about 7.5%. Management cited recent cost cuts and a move to positive cash flow.
21 May 2026
···
AI Stocks Rally, Deere Misses Out

AI Stocks Rally, Deere Misses Out

Arm shares surged 16.1% to $298.16, pushing its market value above $300 billion after reporting record revenue and strong data-center growth. Rigetti jumped 30.6% and IBM rose 12.5% following $2 billion in U.S. quantum computing incentives. Nvidia posted record quarterly revenue but slipped 1.8%. Bloom Energy gained 9% as Nebius announced major AI power infrastructure deals.
21 May 2026
·······
Bezos pushes for no income tax on half of Americans; Mamdani was set

Bezos pushes for no income tax on half of Americans; Mamdani was set

Jeff Bezos called for eliminating federal income taxes for the bottom half of U.S. earners, putting him at odds with New York Mayor Zohran Mamdani and Democrats seeking higher taxes on the wealthy. Bezos said the bottom half should owe “zero,” not just less, and criticized Mamdani’s proposed tax on luxury second homes. Mamdani responded that higher taxes on the rich would help working New Yorkers.
21 May 2026
·
QuantumScape shares rise 9% as battery play picks up steam

QuantumScape shares rise 9% as battery play picks up steam

QuantumScape shares jumped 9.13% to $8.37 Thursday, outpacing the S&P 500 and Nasdaq. The company reported initial QSE-5 cell production from its new Eagle Line and ongoing partnerships with Volkswagen and other major automakers. First-quarter net loss reached $100.8 million, with $904.7 million in liquidity at quarter’s end. QuantumScape reaffirmed its full-year adjusted EBITDA loss guidance.
21 May 2026
··
SpaceX Starship V3 Launch Set for Biggest Test at Starbase

SpaceX Starship V3 Launch Set for Biggest Test at Starbase

SpaceX plans to launch its first Version 3 Starship from Starbase, Texas, on Thursday, with a 90-minute window opening at 5:30 p.m. local time. The 407-foot rocket, pairing Booster 19 and Ship 39, will attempt a suborbital flight with splashdowns in the Gulf of Mexico and Indian Ocean. The mission will release Starlink simulator satellites and test a Raptor engine relight in space. NASA is monitoring the flight ahead of Artemis lunar missions.
21 May 2026
Ambev Shares Approach Year High in Brazil as Beer Margins Hold

Ambev Shares Approach Year High in Brazil as Beer Margins Hold

Ambev S.A. shares in São Paulo rose 1.42% to 16.45 reais Thursday, nearing a one-year high after strong first-quarter results. Organic net revenue increased 8.1%, normalized EBITDA climbed 10.1% to 7.56 billion reais, and Brazil Beer unit volume grew 1.2%. The board approved a 700 million-real interest-on-capital payout. Fernando Maffessoni will replace Paulo André Zagman as logistics vice-president in August.
21 May 2026
AT&T Stock Gains After $15 Wireless Plan and $19B California Move

AT&T Stock Gains After $15 Wireless Plan and $19B California Move

AT&T shares rose 1.6% to $25.33 late Thursday, outpacing Verizon and T-Mobile, after it announced a $15-a-month customizable wireless plan and sued California to exit copper phone service. The new plan launches May 27 with unlimited talk, text, and 1GB data. AT&T said California copper rules force $1 billion in annual upkeep for a shrinking user base.
21 May 2026
·
RBC Stock Heads Toward Earnings With Tougher Weeks Ahead

RBC Stock Heads Toward Earnings With Tougher Weeks Ahead

Royal Bank of Canada shares climbed 1.46% to C$261.09 in Toronto Thursday, outpacing the S&P/TSX Composite ahead of its May 28 earnings release. Visible Alpha estimates see net income up 19% to C$5.4 billion. Analyst calls diverged, with BofA raising its price target and Raymond James downgrading the stock to neutral. RBC shares have gained nearly 49% over the past year.
21 May 2026
··
1 … 116 117 118 119 120 … 2,083

Stock Market Today

  • Infosys Shares Fall 7% After Accenture Cuts Revenue Growth Forecast
    June 19, 2026, 8:12 AM EDT. Infosys shares dropped nearly 7%, leading declines among major Indian IT stocks, after Accenture cut its revenue growth forecast for fiscal 2026 to 3-4% from 3-5%. The drop reflects concerns over soft client spending and slower demand for discretionary digital projects, affecting Nifty IT, which closed at its lowest level in three years, down 3.65%. Accenture's third-quarter bookings fell year-on-year, signaling a cautious global tech recovery. Analysts highlight pressure on India's $315 billion IT sector as clients delay non-essential spending amidst geopolitical risks and emerging AI shifts. Market watchers say Indian IT firms must adapt quickly to these challenges or face further growth struggles.

Latest articles

Infosys drops after Accenture forecast adds to Indian IT pressure

Infosys drops after Accenture forecast adds to Indian IT pressure

19 June 2026
Infosys plunged 6.5% to 1,054.20 rupees after Accenture cut its fiscal 2026 revenue-growth outlook, sending Nifty IT to a three-year low as investors worried over weak global tech spending; analysts said the selloff reflects broad demand concerns, not just company results, with Indian IT stocks under pressure as clients delay discretionary projects.
Flex set to join S&P 500, trading resumes after Juneteenth break

Flex set to join S&P 500, trading resumes after Juneteenth break

19 June 2026
Flex jumps 3.13% to $147.61 as it prepares to join the S&P 500 before June 22, with index funds set to adjust holdings; investors now eye the planned AI data-center spin-off, which remains subject to regulatory approvals and market conditions, while recent volume surged to 76.5 million shares and fiscal 2027 guidance excludes the spin-off.
Go toTop