Today: 19 June 2026

Hasbro’s Magic Keeps Wall Street Looking at the Stock

Hasbro’s Magic Keeps Wall Street Looking at the Stock

Hasbro reported first-quarter revenue of $1 billion, beating estimates, with adjusted earnings per share at $1.47. Magic: The Gathering drove a 26% jump in Wizards and Digital Gaming revenue. Operating profit rose 58% to $270 million. The company maintained its 2026 outlook but cited ongoing risks from cyber costs and tariffs.
20 May 2026
VF Stock Moves Higher After Company Says Growth Is Returning

VF Stock Moves Higher After Company Says Growth Is Returning

VF Corp reported its first full-year revenue growth in three years, with fourth-quarter revenue rising to $2.17 billion, beating Wall Street estimates. Adjusted earnings were break-even. The company reinstated annual guidance for fiscal 2027 and kept its dividend at 9 cents a share. Shares rose 8.2% premarket to $18.11.
20 May 2026
Lowe’s Beat Wall Street. Why Investors Still Sold the Stock

Lowe’s Beat Wall Street. Why Investors Still Sold the Stock

Lowe’s posted quarterly sales of $23.08 billion and adjusted earnings of $3.03 per share, both above analyst estimates, but shares fell 3% premarket as investors focused on weak U.S. housing trends. Comparable sales rose 0.6%, driven by online growth and contractor demand. The company kept its 2026 outlook unchanged. U.S. mortgage rates climbed to 6.56% last week, weighing on home sales and renovations.
20 May 2026
CleanSpark Stock Jumps as Wall Street Chases the AI Power Trade

CleanSpark Stock Jumps as Wall Street Chases the AI Power Trade

CleanSpark shares rose 1.7% to $14.94 in pre-market trading Wednesday after Bernstein rated the stock Outperform with a $24 target, citing the value of miners’ power capacity for AI data centers. CleanSpark holds 1.8 gigawatts under contract and produced 640 bitcoin in April. The company reported fiscal Q2 revenue of $136.4 million, down 24.9% year-over-year, and a net loss of $378.3 million.
Silexion’s Cancer Trial Push Puts Focus on Cash

Silexion’s Cancer Trial Push Puts Focus on Cash

Silexion reported Israeli clearance and a German filing for its SIL204 pancreatic cancer drug, keeping its Phase 2/3 trial on track for a second-quarter start. The company posted a first-quarter net loss of $2.7 million and held $2.4 million in cash at March 31. Shares closed at 26.9 cents Tuesday after a sharp drop last week. Management warned of “substantial doubt” about ongoing operations without new funding.
CAVA Jumps in Pre-Market After New Traffic Data Update

CAVA Jumps in Pre-Market After New Traffic Data Update

Cava Group shares rose 6.9% in premarket trading Wednesday after the chain reported a 9.7% jump in same-restaurant sales and beat first-quarter earnings and revenue estimates. Net income fell to $23.6 million from $25.7 million a year earlier. The company opened 20 net new restaurants and raised its 2026 outlook for openings and sales growth. Several analysts raised their price targets following the results.
AEP Restores San Angelo Outage as Texas Grid Worries Continue

AEP Restores San Angelo Outage as Texas Grid Worries Continue

AEP Texas restored power to nearly all Tom Green County customers early Wednesday after a substation equipment failure cut service to about 7,800 in San Angelo Tuesday, local reports said. The outage came as parent company American Electric Power faces scrutiny over surging Texas demand and a $78 billion capital plan. Fewer than five customers remained without power by 6 a.m. CDT, according to the utility’s outage map.
20 May 2026
Meta kicks off 4 a.m. layoff emails as AI drive leads to 8,000 job cuts

Meta kicks off 4 a.m. layoff emails as AI drive leads to 8,000 job cuts

Meta Platforms began laying off about 8,000 employees, or 10% of its global workforce, early Wednesday as it shifts focus to artificial intelligence, according to Business Insider. Layoff notices went out in waves starting at 4 a.m. PDT, with U.S. staff told to work from home. More than 7,000 employees are being reassigned to AI roles, touching about 20% of staff, Reuters reported. Meta expects 2026 capital expenditures of up to $145 billion.
Target’s Turnaround Finally Has Numbers Wall Street Can’t Ignore

Target’s Turnaround Finally Has Numbers Wall Street Can’t Ignore

Target raised its annual sales forecast after first-quarter net sales rose 6.7% to $25.44 billion, ending a three-year revenue slide. Comparable sales increased 5.6%, with digital up 8.9%. Profit fell to $781 million from $1.04 billion a year earlier. New CEO Michael Fiddelke cited progress but maintained a cautious outlook amid ongoing investment and price cuts.
20 May 2026
InMed Pharmaceuticals (INM) Stock Doubled on Mentari Merger — Why the Rally Is Already Being Tested

InMed Pharmaceuticals (INM) Stock Doubled on Mentari Merger — Why the Rally Is Already Being Tested

InMed Pharmaceuticals shares fell 14.4% to $1.37 in early pre-market trading Wednesday, after surging 135% Tuesday on news of an all-stock merger with Mentari Therapeutics and a planned $290 million private placement. Pre-merger InMed shareholders are expected to own about 1.51% of the combined company, which will operate as Mentari Therapeutics and focus on migraine drug development.
Dow edges up while Nasdaq falls as bond worries drag on

Futures Edge Higher Ahead of Nvidia Earnings as Wall Street Watches Key Report

Nasdaq 100 futures rose 0.73% and S&P 500 futures gained 0.35% ahead of Wednesday’s open, with Nvidia set to report earnings after the close. Options markets priced in a 6.5% swing for Nvidia, equal to about $355 billion in market value. In premarket trading, Nvidia shares rose 1.84%, while Micron, Intel, and AMD also advanced. Fed minutes are due at 2:00 p.m. EDT.
Houston Outages Persist as CenterPoint Crews Start Work

Houston Outages Persist as CenterPoint Crews Start Work

Bear Creek homeowners in Houston report repeated power outages and surges damaging electronics and medication, prompting some to install backup generators. CenterPoint Energy said it will send crews Wednesday to investigate. The complaints come as storms threaten the area and hurricane season approaches. Residents say outages occur even in calm weather and have tracked incidents for over a year.
20 May 2026
Entergy’s AI stock boost draws Wall Street’s attention—with a twist

Entergy’s AI stock boost draws Wall Street’s attention—with a twist

Entergy shares have risen 33.3% over the past year, outpacing the S&P 500 and utilities sector, as investors bet on surging electricity demand from data centers and industrial growth. In April, Entergy raised its four-year capital plan by 33% to $57 billion, driven largely by Meta data center projects. First-quarter adjusted earnings reached $399 million, or 86 cents a share. Entergy also finalized a service deal with HYUNDAI-POSCO Louisiana.
Bolt CEO Points to HR Firings as Solution, Details Aftermath

Bolt CEO Points to HR Firings as Solution, Details Aftermath

Bolt CEO Ryan Breslow defended cutting the company’s HR department at Fortune’s Workplace Innovation Summit, saying it had “created problems that didn’t exist.” The move follows Bolt’s April layoffs of about 30% of staff as it pivots to AI and a consumer finance app. Breslow said Bolt is “back in startup mode” and replaced HR with a smaller people operations team. Bolt was once valued at $11 billion.
20 May 2026
San Antonio’s New Battery Bet Comes Just as CPS Outages Get Longer

San Antonio’s New Battery Bet Comes Just as CPS Outages Get Longer

OCI Energy and CPS Energy have begun building a 120-megawatt battery storage facility in southeastern Bexar County, aiming for commercial operation in 2027. The project follows a rise in average outage duration for CPS Energy customers to 75.38 minutes in 2025. OCI will own the facility, with CPS holding operational control. ING is financing construction, and LG Energy Solution Vertech is supplying batteries.
20 May 2026
Co-Diagnostics Jumps; $3 Million Deal Looms

Co-Diagnostics Jumps; $3 Million Deal Looms

Co-Diagnostics announced a $3 million private placement after its stock surged 43.8% Tuesday, then fell 13.3% in after-hours trading. The company will sell 1.65 million shares or pre-funded warrants, plus warrants for up to 3.29 million more shares, nearly doubling its share count. The move follows its completion of a Bundibugyo virus assay as Ebola spreads in Congo and Uganda. Co-Diagnostics reported $8.2 million in cash at March 31.
Micron Stock Just Dodged the Nasdaq Selloff. A Samsung Strike Could Be Its Next Jolt

Micron Stock Just Dodged the Nasdaq Selloff. A Samsung Strike Could Be Its Next Jolt

Micron Technology shares rose 2.5% Tuesday to $698.74, lifting its market value near $798 billion as the Nasdaq fell. Analysts cited tight memory supply and strong DRAM and NAND pricing. A planned strike by 48,000 Samsung workers Thursday could disrupt global memory supply, potentially raising prices. Micron recently sampled 256GB DDR5 server modules to partners.

Stock Market Today

  • Xperi (XPER) Upgraded to Buy on Rising Earnings Estimates
    June 19, 2026, 1:51 PM EDT. Xperi (XPER) received a Zacks Rank #2 (Buy) upgrade driven by rising earnings estimates, a key factor in stock price movements. The Zacks system bases ratings solely on changes in earnings expectations, providing a transparent metric for investors. Institutional investors often adjust holdings based on these earnings revisions, influencing stock prices. For Xperi, improved earnings outlook suggests a stronger underlying business, potentially boosting its stock. The company's estimated earnings per share (EPS) for fiscal 2026 are projected at $0.85. The Zacks Rank system, proven since 1988 to predict stock returns, highlights Xperi's growing investor appeal amid positive earnings revisions.

Latest articles

HIVE Digital stock gains after Bell-Cohere AI deal, Bitcoin miner pushes pivot

HIVE Digital stock gains after Bell-Cohere AI deal, Bitcoin miner pushes pivot

19 June 2026
HIVE’s Toronto shares jumped 8.8% after its BUZZ HPC unit landed a $220 million, three-year GPU cloud contract with Bell Canada and Cohere, set to add $70 million in annual recurring revenue from late 2026, as investors shift focus from volatile Bitcoin mining to AI infrastructure despite ongoing execution and financing risks.
Snap shares trade lower heading into break after $2,195 Specs debut

Snap shares trade lower heading into break after $2,195 Specs debut

19 June 2026
Snap shares slid 1.69% to $4.66, marking a third straight loss and underperforming the Nasdaq’s 1.9% gain, as investors reacted to skepticism over the $2,195 Specs AR glasses launch and weighed CEO Evan Spiegel’s push for long-term profit against activist calls to reconsider costly hardware bets.
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