Today: 20 June 2026

Coterra Energy Stock Vanishes From NYSE After Devon Deal — What Investors Get Now

Coterra Energy Stock Vanishes From NYSE After Devon Deal — What Investors Get Now

Devon Energy completed its all-stock merger with Coterra Energy, removing Coterra from the NYSE as of May 7. Each Coterra share was converted into 0.70 Devon shares plus cash for fractional shares. Devon announced an $8 billion buyback plan and raised its fixed dividend to 32 cents per share. The combined company is headquartered in Houston and trades under the “DVN” ticker.
IREN Limited’s Nvidia Deal Rewrites The Bitcoin-Miner AI Cloud Trade

IREN Limited’s Nvidia Deal Rewrites The Bitcoin-Miner AI Cloud Trade

IREN Limited signed a five-year, $3.4 billion cloud-services deal with Nvidia, which also secured rights to buy up to 30 million IREN shares at $70 each. IREN’s revenue fell to $144.8 million last quarter, with a net loss of $247.8 million, as it shifts from bitcoin mining to AI cloud services. The new contracts focus on IREN’s Texas data centers and follow recent acquisitions in cloud and data-center infrastructure.
Buc-ee’s Gas Pump Rule Sparks Backlash as Gift Card and Parking Crackdown Hits Drivers

Buc-ee’s Gas Pump Rule Sparks Backlash as Gift Card and Parking Crackdown Hits Drivers

Buc-ee’s is facing customer backlash over new rules requiring fuel purchases at the pump, tighter parking restrictions, and limits on long stays at its travel centers. Drivers report problems with card holds up to $200, gift cards not working at pumps, and bans on parking for rest or commercial vehicles. Buc-ee’s says the changes aim to reduce pump wait times. The company is expanding outside Texas as complaints mount.
10 May 2026
Intel Stock Surges on Apple Chip Deal Report: Why Intel Foundry Faces Its Biggest Test

Intel Stock Surges on Apple Chip Deal Report: Why Intel Foundry Faces Its Biggest Test

Intel has reached a preliminary agreement to manufacture some chips for Apple, according to the Wall Street Journal, though neither company commented and details remain unclear. Intel shares jumped 13.9% Friday, while Apple rose 2%. The U.S. government reportedly played a major role in the talks. Intel Foundry posted a $2.44 billion operating loss last quarter despite $5.4 billion in revenue.
XRP ETFs Just Hit $1.32 Billion—Why Ripple’s Bank Test Matters Now

XRP ETFs Just Hit $1.32 Billion—Why Ripple’s Bank Test Matters Now

U.S. spot XRP ETFs saw $6.04 million in net inflows on May 8, bringing total inflows to about $1.325 billion, according to Bitget citing SoSoValue. The increase followed a pilot by Ripple, Ondo Finance, Mastercard, and Kinexys by J.P. Morgan linking the XRP Ledger to bank settlement rails. Senate Banking Committee will consider the CLARITY Act on May 14. U.S. CPI data is due May 12.
US Stock Market Week Ahead: Wall Street’s Record Rally Faces a Make-or-Break CPI Week

US Stock Market Week Ahead: Wall Street’s Record Rally Faces a Make-or-Break CPI Week

The S&P 500 and Nasdaq closed at record highs Friday, with the S&P 500 up 0.84% to 7,398.93 and the Nasdaq gaining 1.71% to 26,247.08. Investors await April inflation and retail sales data this week, with the Labor Department set to release CPI figures Tuesday. Cisco and Applied Materials will report earnings, while Chinese and U.S. officials meet for trade talks in South Korea starting May 12.
10 May 2026
BitMine Immersion Technologies (BMNR) Hits an Ethereum Turning Point as Tom Lee Signals Slower Buying

BitMine Immersion Technologies (BMNR) Hits an Ethereum Turning Point as Tom Lee Signals Slower Buying

BitMine Immersion Technologies may slow its weekly ether purchases as it nears a target to own 5% of ETH supply, Chairman Tom Lee said Friday. The company held 5.18 million ETH as of May 4, equal to 4.29% of supply, and shares last traded at $22.17. Lee told a Miami conference the firm had been buying over 100,000 ETH a week but could shift focus as it approaches its goal.
Circle Internet Group Faces Biggest Test Yet as Crypto Bill Vote and Q1 Earnings Hit This Week

Circle Internet Group Faces Biggest Test Yet as Crypto Bill Vote and Q1 Earnings Hit This Week

Circle Internet Group will report first-quarter earnings on May 11, with focus on USDC growth and reserve income. The Senate Banking Committee will consider the Digital Asset Market Clarity Act on May 14, which could restrict stablecoin rewards resembling bank deposits. Circle’s USDC circulation reached $75.3 billion last quarter, up 72% year-over-year. Circle shares closed at $113.67 Friday.
MARA Holdings Stock Faces a Monday Test After Its $1.5 Billion Long Ridge Power Bet

MARA Holdings Stock Faces a Monday Test After Its $1.5 Billion Long Ridge Power Bet

MARA Holdings will report first-quarter results before a 5 p.m. webcast on May 11, as investors watch its $1.5 billion deal to buy Long Ridge Energy & Power. The company seeks noteholder approval to avoid triggering a $600 million bond buyback tied to the acquisition. MARA closed Friday at $12.94, up 2%. The deal would give MARA a 505-megawatt Ohio gas plant and land for AI data-center expansion.
Trump’s Gas Tax Holiday Door Opens as $4.52 Gas Prices Hit Drivers

Trump’s Gas Tax Holiday Door Opens as $4.52 Gas Prices Hit Drivers

Energy Secretary Chris Wright said Sunday the Trump administration is open to suspending the federal gasoline tax as U.S. average gas prices hit $4.52 a gallon, up more than $1 from a year ago. Wright cited ongoing supply constraints linked to the Iran war and possible U.S. military action to reopen the Strait of Hormuz. Congress is considering a bill to pause the 18.4-cent federal gas tax through October.
10 May 2026
IonQ’s $1.8 Billion Quantum Chip Bet Just Cleared a Key Hurdle

IonQ’s $1.8 Billion Quantum Chip Bet Just Cleared a Key Hurdle

SkyWater Technology shareholders approved IonQ’s $1.8 billion acquisition, with 32.6 million shares voting in favor and about 405,000 opposed. The deal, announced in January, gives SkyWater holders $15 cash and $20 in IonQ stock per share. Closing is expected in Q2 or Q3 2026, pending regulatory approval. IonQ recently reported $64.7 million in first-quarter revenue and raised its 2026 forecast.
Qnity Electronics Earnings This Week: Why the AI Chip-Materials Rally Faces Its First Big Test

Qnity Electronics Earnings This Week: Why the AI Chip-Materials Rally Faces Its First Big Test

Qnity Electronics will report first-quarter results before U.S. markets open Tuesday, with analysts expecting adjusted earnings of 92 cents a share. The stock closed Friday at $147.33, up 2.6%. Qnity began trading on the NYSE in November after separating from DuPont. The company reported 2025 net sales of $4.75 billion and forecast 2026 revenue of up to $5.17 billion.
NANO Nuclear Energy Stock’s Big AI Power Bet Faces a Hard Check on May 14

NANO Nuclear Energy Stock’s Big AI Power Bet Faces a Hard Check on May 14

NANO Nuclear Energy shares surged and then retreated last week after announcing a non-binding memorandum with Super Micro Computer to explore powering AI data centers with micro modular reactors. The company will update investors May 14 after filing its second-quarter Form 10-Q. U.S. reactor licensing remains a major hurdle. NANO closed Friday at $27.45, valuing the company at about $1.37 billion.
AST SpaceMobile Stock Faces Big Monday Test After FCC Win, BlueBird Setback

AST SpaceMobile Stock Faces Big Monday Test After FCC Win, BlueBird Setback

AST SpaceMobile will report first-quarter results Monday following a 14.8% surge in shares Friday, as investors watch for updates after last month’s BlueBird 7 launch failure. The FCC recently cleared AST to deploy a 248-satellite constellation for direct-to-device service in the U.S. The company plans to launch three more BlueBird satellites in June aboard SpaceX’s Falcon 9. Analysts expect a first-quarter loss of 23 cents per share on $39 million revenue.

Stock Market Today

  • Parabilis Medicines Director Buys $474,000 Shares Post-IPO, Signaling Confidence in PBLS Stock
    June 20, 2026, 1:37 PM EDT. Parabilis Medicines (NASDAQ:PBLS) director Alan Sebulsky purchased 17,500 shares for approximately $474,000 shortly after the company's IPO. The purchase, made through his investment vehicle Apothecary Capital LLC, raised his indirect holdings to 30,000 shares. The transaction price of $27.06 per share exceeded the June 15 closing price by about 8.2%, indicating strong confidence. Parabilis focuses on developing cell-penetrating miniproteins targeting cancer cells and has a $3.29 billion market cap. Sebulsky, noted for board roles at Jazz Pharmaceuticals and Arrow International, increasing his stake could be seen as a bullish indicator for investors assessing PBLS.

Latest articles

Chip Rally Breaks as Nasdaq Faces Tight Labor Market

Nasdaq gets boost from AI chip stocks; Fed rate question stays in focus

20 June 2026
Intel soared 10.6% after President Trump announced Apple will partner with the company on U.S. chip design and manufacturing, fueling a semiconductor-led rally that lifted the S&P 500 by 0.93% and the Nasdaq by 2.43% in a holiday-shortened week, even as investors remain wary of persistent inflation and potential Fed rate hikes.
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