Today: 20 June 2026

Wolfspeed Stock Rally Tests Whether WOLF’s Balance-Sheet Fix Can Beat Negative Margins

Wolfspeed Stock Rally Tests Whether WOLF’s Balance-Sheet Fix Can Beat Negative Margins

Wolfspeed shares closed Tuesday at $53.72, up 6.8%, then showed a premarket quote of $77.00, a 43% jump, as traders focused on debt reduction and high short interest. Fiscal Q3 revenue fell 19% to $150.2 million, gross margin remained negative, but net loss narrowed and interest expense dropped 39%. Short interest stood at 16.1 million shares, about a third of the float.
Ouster Stock Jumps as NVIDIA Tie-Up Tests the Line Between Real Demand and Rich Valuation

Ouster Stock Jumps as NVIDIA Tie-Up Tests the Line Between Real Demand and Rich Valuation

Ouster shares rose 6.1% to $28.75 in early premarket trading after its Rev8 lidar sensors qualified for NVIDIA’s DRIVE Hyperion autonomous-vehicle platform. The company reported first-quarter revenue of $49 million and a net loss of $17.5 million. Investors cited the NVIDIA qualification as a potential new channel, though no purchase order was announced.
Nvidia’s Record Run Hinges on China Access and a May 20 Earnings Test

Nvidia’s Record Run Hinges on China Access and a May 20 Earnings Test

Nvidia closed Tuesday at $220.78, near a record, after CEO Jensen Huang joined President Trump’s China trip, fueling speculation about renewed H200 AI-chip sales to Chinese buyers. The stock has surged 12% in five sessions, ahead of next week’s earnings. Wall Street raised price targets as investors watch for signs of a China policy shift before Nvidia’s results.
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 13.05.2026

LIVEMarkets rolling coverageStarted: May 13, 2026, 12:00 AM EDTUpdated: May 13, 2026, 11:59 PM EDT Commonwealth Bank Shares Plunge $30 Billion Amid Market Reset Concerns May 13, 2026, 11:59 PM EDT. Commonwealth Bank's share price dropped 10%, erasing nearly $30 billion in value after a modest 4% profit rise was overshadowed by increased bad debt provisions. Analysts warn this decline signals broader structural cracks in the Australian equities market, with previous overvaluations driven by superannuation fund inflows and ETFs. Senior analyst Filip Tortevski predicts a possible 50% share slide to $95-$100 if growth reverts to sustainable levels. The recent momentum-driven
13 May 2026
US Stocks Lose Their Record Edge After Hours as Oil Turns Inflation Into a Fed Problem

US Stocks Lose Their Record Edge After Hours as Oil Turns Inflation Into a Fed Problem

Tech stocks led declines Tuesday after April CPI data showed consumer prices rose 0.6% for the month and 3.8% year-over-year, pushing Treasury yields higher and weighing on rate-cut hopes. Brent crude settled above $107, fueling inflation concerns. The S&P 500 slipped 11.88 points to 7,400.96, while the Nasdaq lost 185.92 to 26,088.20. Chip stocks fell sharply, with Qualcomm down 11% and Intel off 6.8%.
Karman Stock’s Rally Turns Into an Earnings Test as Backlog Jumps and Valuation Bites

Karman Stock’s Rally Turns Into an Earnings Test as Backlog Jumps and Valuation Bites

Karman Holdings shares closed up 6.2% at $62.48 on May 12, then fell 11% after hours following first-quarter results and a raised 2026 outlook. Q1 revenue jumped 51% to $151.2 million, net income reached $7.8 million, and backlog hit $1.0 billion. Adjusted EPS matched the $0.11 estimate. The company announced over $1 billion in new contingent demand commitments.
Penguin Solutions Stock Gets a Fresh AI Memory Re-Rate, Even as Chip Tape Turns Rough

Penguin Solutions Stock Gets a Fresh AI Memory Re-Rate, Even as Chip Tape Turns Rough

Penguin Solutions shares surged nearly 20% after hours to $52.85 following management remarks at a Needham investor conference and a target hike from Rosenblatt Securities. The move came despite fiscal Q2 net sales falling 6% year over year, though Integrated Memory revenue jumped 63%. CEO Kash Shaikh highlighted AI inference workloads driving memory demand. Trading volume topped 5 million shares.
13 May 2026
Rackspace’s AI Rally Turns Into a Test of Debt, Deals and Short-Squeeze Momentum

Rackspace’s AI Rally Turns Into a Test of Debt, Deals and Short-Squeeze Momentum

Rackspace Technology shares closed at $6.33, up 34.97%, with trading volume tripling the average after a new AI cloud deal with AMD. The stock surged from a $4.79 open, peaking at $6.34, before slipping to $6.20 after hours. Q1 results showed revenue up 2% to $678 million and a swing to $8 million net income. Short covering contributed to the sharp move as 24.55% of shares were held short.
Nextpower’s Late Jump Says Investors Are Buying the Platform Story—For Now

Nextpower’s Late Jump Says Investors Are Buying the Platform Story—For Now

Nextpower shares rose about 10% to $138 in after-hours trading Tuesday after Q4 results beat estimates and management raised fiscal 2027 revenue guidance to $3.8–$4.1 billion. Q4 revenue fell to $881 million from $924 million a year earlier, but backlog climbed above $5.25 billion. The company also announced an acquisition of power conversion assets, including Apex Power.
13 May 2026
SELLAS Stock Jumps After AML Trial Moves Two Events From Final Readout

SELLAS Stock Jumps After AML Trial Moves Two Events From Final Readout

SELLAS Life Sciences said its pivotal REGAL leukemia trial has recorded 78 of 80 events needed for final analysis, triggering a rise in after-hours trading. The company reported a first-quarter net loss of $8.4 million but ended March with $107.1 million in cash. Research and development spending increased to $5.1 million. SELLAS expects its cash to fund operations for at least 12 months.
Camtek Stock Falls 16% After Earnings Beat as Margin Pressure and Hot CPI Hit AI Chip Trade

Camtek Stock Falls 16% After Earnings Beat as Margin Pressure and Hot CPI Hit AI Chip Trade

Camtek shares fell 15.8% to $174.63 despite beating Q1 revenue and adjusted EPS estimates by small margins. Q1 revenue rose 2.5% year over year, but non-GAAP EPS dropped to $0.70 from $0.79 and operating margin narrowed to 25.5%. Management guided Q2 revenue to $129–$131 million and expects second-half revenue to rise over 25%. Broader market pressure followed a hot April CPI and rising Treasury yields.

Stock Market Today

  • Oki Electric Industry Seen Undervalued After AI Project Win with JAXA
    June 20, 2026, 7:01 AM EDT. Oki Electric Industry (TSE:6703) gained investor attention after securing a JAXA Space Strategy Fund project integrating satellites, sensors, and AI for infrastructure monitoring. The stock has delivered a 55.91% year-to-date share price increase and a 111.47% total shareholder return over the past year. Trading at a price-to-earnings (P/E) ratio of 12.9x, below the Japanese market average of 13.8x and the Japanese Electronics sector average of 16.7x, the stock appears undervalued despite solid earnings growth forecasts of 5.19% annually. Analysts highlight its P/E is well under peer averages (22.6x), suggesting room for share price appreciation if growth forecasts hold. Risks remain tied to project execution and AI contract timelines. The market is watching whether valuation gaps close as Oki advances in AI-driven infrastructure.

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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 20.06.2026

20 June 2026
LIVEMarkets rolling coverageStarted: June 20, 2026, 4:00 AM EDTUpdated: June 20, 2026, 7:02 AM EDT Nifty 50 Eyes 24,200 Amid Support at 23,800; Analysts Favor Buy-On-Dips June 20, 2026, 7:02 AM EDT. Nifty 50 closed above 24,000, marking a 1.7% weekly gain. Experts identify support levels between 23,800 and 23,900, with resistance at 24,200. They expect further upside, advocating a buy-on-dips strategy. Crude oil prices easing and continued foreign institutional investor (FII) buying bolster market sentiment. The outlook suggests cautious optimism as Nifty tests new highs. Nifty Prediction For Monday, June 22: Can Nifty Cross 24,200? Experts See More Upside
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.
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