Today: 20 June 2026

Altria Shares Stay Firm in Selloff as CEO Change and Dividend in Focus

Altria Shares Stay Firm in Selloff as CEO Change and Dividend in Focus

Altria Group closed Friday at $73.09, up 0.94%, bucking a broad market selloff that saw the S&P 500 drop 1.24%. The stock climbed 7.3% over the week amid a CEO change and a declared $1.06 quarterly dividend, implying a 5.8% yield. Peers Philip Morris and British American Tobacco both fell Friday. Altria’s first-quarter adjusted earnings per share rose 7.3% to $1.32.
16 May 2026
XRP drops over weekend as $1.50 seen as key before crypto vote in Washington

XRP drops over weekend as $1.50 seen as key before crypto vote in Washington

XRP traded near $1.42 Saturday, down about 2% over 24 hours, despite the Senate Banking Committee advancing the CLARITY Act on May 14. Bitcoin and ether also fell, with bitcoin at $78,266 and ether at $2,178. XRP’s market cap stood at $87.6 billion, with daily volume near $1.82 billion. U.S.-listed spot XRP funds saw $25.8 million in inflows Monday, their largest since January.
Oil’s $110 Shock Sets Traders on Edge for Next Week

Oil’s $110 Shock Sets Traders on Edge for Next Week

Brent crude settled at $109.26 and WTI at $105.42 on Friday, both posting weekly gains over 7%. Market tension rose as Strait of Hormuz traffic remained restricted and global oil inventories fell by 250 million barrels over March and April. U.S. crude stocks dropped by 4.3 million barrels last week. Traders watched for signals from U.S.-Iran talks and the upcoming May 20 inventory report.
16 May 2026
McDonald’s Shares Climbed as Dow Fell. Market Looks to Monday’s Open for Direction

McDonald’s Shares Climbed as Dow Fell. Market Looks to Monday’s Open for Direction

McDonald’s shares closed Friday at $276.39, up 0.52%, after touching a 52-week low earlier in the week. The stock outperformed Yum Brands but lagged Chipotle and Starbucks as the S&P 500 fell 1.24%. First-quarter global comparable sales rose 3.8%, but executives warned of weaker April sales and pressure from high gas prices. McDonald’s is promoting meal deals and cheaper items to attract cost-conscious diners.
16 May 2026
Dominion Energy Shares in Focus After Report Links NextEra to Possible Deal

Dominion Energy Shares in Focus After Report Links NextEra to Possible Deal

Dominion Energy closed Friday at $61.73, down 1.97%, after reports surfaced that NextEra Energy is in talks to acquire the Virginia utility in a mostly stock deal that could value the combined company at about $400 billion including debt. The report landed after the market closed, leaving Dominion shares nearly flat for the week. Neither company commented outside business hours. NextEra ended Friday down 2.42%.
Fervo Stock’s Hot Debut Got Bigger. Monday Is the Real Test

Fervo Stock’s Hot Debut Got Bigger. Monday Is the Real Test

Fervo Energy raised about $2.17 billion in its IPO after selling 80.5 million shares at $27 each, according to a Friday filing. FRVO closed Friday at $41.06, up 52% from the IPO price, and joined the Nasdaq Composite Index on May 13. The company reported a $57.8 million net loss on $138,000 revenue for 2025. Fervo is developing enhanced geothermal systems and building its Cape Station project in Utah.
AT&T Stock Dips Again; Monday’s Test Seen as Key

AT&T Stock Dips Again; Monday’s Test Seen as Key

AT&T shares fell 2.52% to $24.03 on Friday, capping a 4.5% weekly drop and underperforming Verizon and T-Mobile. The decline followed news of a planned joint venture with Verizon and T-Mobile to address rural wireless dead zones and the FCC’s approval of AT&T’s $23 billion spectrum purchase from EchoStar. Trading resumes Monday after the NYSE weekend closure.
16 May 2026
Babcock & Wilcox faces $200 million hurdle after 50% rally

Babcock & Wilcox faces $200 million hurdle after 50% rally

Babcock & Wilcox Enterprises closed a $200 million common-stock sale at $18.50 per share, below Friday’s $21.85 close, adding 10.8 million new shares. The stock surged 50% for the week after first-quarter revenue rose 44% to $214.4 million and backlog jumped 483% to $2.7 billion. The offering is set to close Monday when the NYSE reopens.
16 May 2026
McCormick Shares Fall Again — Monday Seen as Key for Unilever Deal Impact

McCormick Shares Fall Again — Monday Seen as Key for Unilever Deal Impact

McCormick closed Friday at $46.35, down 0.34%, after touching a week low of $44.82 amid investor focus on its planned merger with Unilever Foods. The deal, using a Reverse Morris Trust, would give Unilever 65% of the combined company and $15.7 billion in cash. The NYSE is closed for the weekend, with trading set to resume Monday. The S&P 500 fell 1.2% Friday as oil prices rose.
Monday Test Ahead for Berkshire After Abel’s $24 Billion Portfolio Move

Monday Test Ahead for Berkshire After Abel’s $24 Billion Portfolio Move

Berkshire Hathaway disclosed a $2.65 billion stake in Delta Air Lines and new positions in Macy’s and Alphabet, while exiting Amazon, UnitedHealth, Visa, and Mastercard, according to its May 15 SEC filing. Berkshire’s Class B shares closed Friday at $482.70, down 0.3% for the day but up 1.4% for the week. Delta and Macy’s rose in after-hours trading. The filing was released after the market closed.
NuScale Stock Looks to Monday After Friday Drop

NuScale Stock Looks to Monday After Friday Drop

NuScale Power shares dropped 6.88% Friday to $11.23, ending the week down 10.5%. Citi cut its price target to $7 and maintained a Sell rating, while Northland trimmed its target to $19 and kept Outperform. First-quarter revenue fell to $565,000 from $13.4 million a year earlier, with net loss widening to $46.7 million. U.S. equity markets reopen Monday after the weekend closure.
16 May 2026
Tema NASA ETF Watch as SpaceX IPO Talk Grows

Tema NASA ETF Watch as SpaceX IPO Talk Grows

Tema Space Innovators ETF fell 3.9% to $34.51 Friday but gained 7.5% for the week. The fund holds $707.3 million in assets, with Rocket Lab and SpaceX SPV among top positions. Reuters reported SpaceX may file for a Nasdaq IPO as soon as next week, targeting a $1.75 trillion valuation. SpaceX shareholders approved a 5-for-1 stock split, effective the week of May 18.
Devon Energy Jumps on Friday, Faces Investors’ Next Move Monday

Devon Energy Jumps on Friday, Faces Investors’ Next Move Monday

Devon Energy shares surged 4.76% to $49.49 Friday, outperforming peers as crude prices climbed and investors reacted to its completed Coterra merger. The company announced an $8 billion buyback and raised its dividend to $0.320 per share. U.S. crude settled at $105.42 a barrel. Devon reported first-quarter net earnings of $120 million and $1.7 billion in operating cash flow.
Starbucks Heads for Monday Breakout Test After $400 Million Layoffs

Starbucks Heads for Monday Breakout Test After $400 Million Layoffs

Starbucks will cut 300 U.S. corporate jobs and close several regional support offices, part of its “Back to Starbucks” turnaround plan. The company expects $400 million in restructuring charges, mostly non-cash write-downs. Shares closed Friday at $106.82, near a 52-week high, after reporting 6.2% global comparable sales growth last quarter. The cuts do not affect cafe workers.
16 May 2026

Stock Market Today

  • 3 Simple ETFs to Buy With $1,000 and Hold Long-Term
    June 19, 2026, 9:50 PM EDT. Investing $1,000 in exchange-traded funds (ETFs) with low expenses can yield substantial growth over decades. Key strategies include diversification to reduce risk and focus on long-term growth without selecting individual winners. Recommended ETFs include Vanguard Total Stock Market ETF (VTI), which offers broad exposure to U.S. stocks and a low 0.03% expense ratio, and Invesco Nasdaq-100 ETF (QQQM), which targets major growth innovators. These options provide diversified access to different market segments, smoothing out volatility and capturing growth wherever it appears.

Latest articles

JBS shutdowns put pressure on U.S. beef as cattle prices rise

JBS shutdowns put pressure on U.S. beef as cattle prices rise

20 June 2026
JBS USA will close its Souderton, PA, and Memphis, TN, meat plants on August 14, cutting 1,693 jobs as tight cattle supplies drive negative U.S. beef margins; USDA data show beef prices up 14.8% year-over-year and forecast to rise another 12.1% in 2026, signaling ongoing cost pressure for packers and consumers.
TSMC Leads Nvidia in Short Week Chip Gains

TSMC Leads Nvidia in Short Week Chip Gains

20 June 2026
TSMC’s U.S.-listed shares soared 6.9% to $462.12, outpacing Nvidia’s 3.0% gain, as investors favored broad chip manufacturing exposure after an interim U.S.-Iran deal eased inflation fears and Taiwan’s central bank raised its 2026 economic-growth forecast to 9.45% on AI-driven semiconductor demand.
Intel Beats AMD for Week After Trump Comments on Apple Chips

Intel Beats AMD for Week After Trump Comments on Apple Chips

20 June 2026
Intel soared 10.6% to a record $133.99 after President Trump said Apple agreed to work with Intel on U.S. chip design and production, though neither company confirmed terms or details; analysts are split on the deal’s value, with Intel’s gains outpacing AMD’s 4.9% rise as the chip sector hit a record close.
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