Today: 19 June 2026

Marvell moves as earnings nears, eyes on AI chips

Marvell moves as earnings nears, eyes on AI chips

Marvell Technology shares rose 4.53% to $184.25 in premarket trading Wednesday, extending Tuesday’s 4.35% gain. The company will report fiscal Q1 2027 results after the close on May 27. Analysts at Evercore ISI, Melius Research, and CLSA raised price targets, citing strong demand for custom AI chips. Marvell posted record fiscal 2026 revenue of $8.195 billion in March.
20 May 2026
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SpaceX restarts Starlink launches after satellite mishap — and another Falcon 9 is already queued

Goldman Said to Get Lead Spot as SpaceX IPO Nears $1.75 Trillion Listing

Goldman Sachs is set to lead SpaceX’s planned IPO, which could become the largest in history, with a targeted valuation of about $1.75 trillion, Reuters reported. SpaceX aims to publish its prospectus as soon as Wednesday and list on Nasdaq under the ticker SPCX as early as June 12. The company’s next Starship test flight is scheduled for May 21 from Texas. Morgan Stanley, Bank of America, Citigroup, and JPMorgan are also expected to play major roles.
20 May 2026
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Wall Street Eyes $355 Billion Nvidia Earnings Test for AI Sector

Wall Street Eyes $355 Billion Nvidia Earnings Test for AI Sector

Options pricing signals traders expect a 6.5% swing in Nvidia shares, or about $355 billion in market value, after Wednesday’s earnings. The stock closed Tuesday at $220.61, valuing Nvidia at $5.4 trillion. Wall Street consensus sees quarterly revenue at $78.5 billion, with data-center sales at $72.8 billion. Competitors AMD, Intel, and Alphabet are challenging Nvidia’s dominance in AI inference.
20 May 2026
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Klaviyo Stock Holds Near Lows; Direction Awaits Key Decision

Klaviyo Stock Holds Near Lows; Direction Awaits Key Decision

Klaviyo closed Tuesday at $14.70, up 0.6%, but remained near its 52-week low after a sharp post-earnings drop. A May 18 Form 144 notice signaled potential insider sales. Shares were down about 27% in the past month and 57% over the year, with a market value near $4.4 billion. First-quarter revenue rose 28% to $358 million, but growth is forecast to slow.
20 May 2026
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Chewy Shares Slip After CEO Cites Stretched Consumer

Chewy Shares Slip After CEO Cites Stretched Consumer

Chewy Inc. shares dropped 9.1% to $19.66 Tuesday after CEO Sumit Singh warned U.S. consumers are more financially strained than earlier this year. The decline put Chewy near its 52-week low ahead of its June 10 earnings report. Singh made the comments at a J.P. Morgan conference, citing multiple data points on weaker consumer demand. Petco fell 2.9%, while BARK rose 7.5% and Amazon slipped 2.1%.
20 May 2026
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Astera Labs Stock Surges: The AI Networking Bet Traders Are Chasing Before Nvidia Results

Astera Labs Stock Surges: The AI Networking Bet Traders Are Chasing Before Nvidia Results

Astera Labs shares rose 13.3% to $244.26 on Tuesday after management outlined a faster ramp for its Scorpio X fabric switches and optical networking tied to Nvidia’s NVLink Fusion. The move followed presentations at J.P. Morgan’s tech conference and comes ahead of Nvidia’s earnings Wednesday. Astera’s first-quarter revenue jumped 93% to $308.4 million, with second-quarter guidance above analyst forecasts.
20 May 2026
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Snowflake Shares Rise Ahead of Results With AI Demand in Focus

Snowflake Shares Rise Ahead of Results With AI Demand in Focus

Snowflake shares climbed 3.2% to $169.55 Tuesday after BofA Securities raised its price target to $205 and predicted strong fiscal Q1 results next week. Mizuho Securities channel checks indicated continued demand for Snowflake’s data and AI products. The company reports earnings after the market closes May 27. Recent deals include a $400 million contract and partnerships with OpenAI and Anthropic.
20 May 2026
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Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 20.05.2026

LIVEMarkets rolling coverageStarted: May 20, 2026, 4:00 AM EDTUpdated: May 21, 2026, 3:59 AM EDT Algebris UK Ltd. Increases Stake in Citigroup Amid Strong Earnings May 21, 2026, 3:59 AM EDT. Institutional investor Algebris UK Ltd. raised its stake in Citigroup Inc. by 13.3% in Q4, now holding 264,738 shares valued at about $30.9 million. Citigroup represents 1.5% of Algebris’s portfolio, ranking as its 17th largest holding. Other smaller investors also added shares recently. Citigroup reported Q1 earnings of $3.06 per share, surpassing estimates by $0.43, with revenues up 14.1% year-on-year to $24.63 billion. The bank’s market capitalization stands at
20 May 2026
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Wall Street Hit by Yield Jolt With Nvidia Up Next

Wall Street Hit by Yield Jolt With Nvidia Up Next

U.S. stock ETFs remained lower late Tuesday after Wall Street’s main indexes fell for a third straight session, pressured by rising Treasury yields and caution ahead of Nvidia’s earnings. The SPDR S&P 500 ETF dropped 0.7% to $733.73. The 10-year Treasury yield hit 4.687%, its highest since January 2025, before easing. Nvidia shares slipped 0.7% after hours, with traders bracing for a major move post-earnings.
20 May 2026
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Viavi Stock Drops After $500 Million Share Sale Plan — The Debt Move Investors Can’t Ignore

Viavi Stock Drops After $500 Million Share Sale Plan — The Debt Move Investors Can’t Ignore

Viavi Solutions shares dropped 7.1% in after-hours trading Tuesday after the company announced a $500 million public stock offering aimed at repaying debt. The offering, unveiled just after the Nasdaq close, could add roughly 10.1 million new shares. Viavi plans to use proceeds to pay down a $450 million loan. Total debt would fall to $650 million, according to a preliminary SEC filing.
20 May 2026
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Analog Devices Shares Rally After $1.5B AI Power Deal Ahead of Earnings

Analog Devices Shares Rally After $1.5B AI Power Deal Ahead of Earnings

Analog Devices agreed to acquire Empower Semiconductor for $1.5 billion in cash, sending ADI shares up 1.36% to $419.95 in after-hours trading after closing down 1.02%. The deal, approved by both boards, is expected to close in the second half of 2026 pending regulatory review. Empower CEO Tim Phillips will continue to lead integrated voltage regulator work after the merger.
20 May 2026
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GCL Global Stock’s Wild After-Hours Jump: The $10 Million ADATA Deal Behind the Move

GCL Global Stock’s Wild After-Hours Jump: The $10 Million ADATA Deal Behind the Move

GCL Global Holdings shares jumped to $1.00 after hours Tuesday, up 132%, following news that ADATA Technology invested another $10 million in its 4Divinity unit. The stock had closed regular trading at $0.43, below Nasdaq’s $1 minimum. Recent filings still warn of listing and execution risks. GCL reported first-half revenue up 94% to $98.7 million but posted a net loss of $5.6 million.
20 May 2026
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SELLAS Stock Jumps as One Trial Number Puts Cancer Readout in Focus

SELLAS Stock Jumps as One Trial Number Puts Cancer Readout in Focus

SELLAS Life Sciences shares rose 4.1% to $7.59 Tuesday after CEO Angelos Stergiou said its Phase 3 AML trial is two events from final analysis. The company reported $107.1 million in cash and a first-quarter net loss of $8.4 million. The REGAL trial’s main measure is overall survival. SELLAS remains blinded to results until the 80th event triggers data review.
20 May 2026
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8×8 Jumps on Profit Beat as Margins Stay Under Pressure

8×8 Jumps on Profit Beat as Margins Stay Under Pressure

8x8 shares rose 14.1% to $2.75 in after-hours trading after reporting fourth-quarter revenue of $185.2 million, up 5%, and adjusted diluted earnings of 11 cents a share. Usage-based revenue grew over 70% year-over-year, making up 23% of service revenue. The company posted GAAP net income of $0.1 million, compared to a $5.4 million loss a year earlier. Fiscal 2027 revenue is forecast at $727 million to $747 million.
20 May 2026
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JetBlue axes 12 routes; Fort Lauderdale responds

JetBlue axes 12 routes; Fort Lauderdale responds

JetBlue will end all flights at Manchester-Boston Regional Airport on July 8 and cut nine other East Coast routes, shifting capacity to Fort Lauderdale. The move follows Spirit Airlines’ shutdown and increased competition in South Florida. JetBlue said Fort Lauderdale revenue per seat mile rose 5% in the first quarter. Manchester officials expressed disappointment, noting JetBlue made up no more than 5% of airport traffic.
20 May 2026
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Exxon, Chevron Say Oil Reserves Hit by Hormuz Choke, More Volatility Ahead

Exxon, Chevron Say Oil Reserves Hit by Hormuz Choke, More Volatility Ahead

The U.S. shipped a record 9.9 million barrels from its emergency oil reserve last week, cutting stocks to 374 million barrels. Brent crude settled at $111.28 a barrel Tuesday after signs of progress in U.S.-Iran talks, but Exxon and Chevron warned the market has not fully absorbed the impact of the Strait of Hormuz closure. The IEA reported global oil inventories fell by 246 million barrels in March and April.
20 May 2026
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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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