Today: 21 June 2026

Zoetis Stock Tumbles After Guidance Cut as Pet Owners Push Back on Vet Costs

Zoetis Stock Tumbles After Guidance Cut as Pet Owners Push Back on Vet Costs

Zoetis shares dropped about 20% after the company cut its 2026 outlook and missed first-quarter earnings estimates. U.S. companion-animal sales fell 11% amid fewer vet visits and increased competition. The company now expects 2026 adjusted earnings of $6.85 to $7.00 a share, down from a previous forecast of up to $7.10. U.S. revenue declined 8% to $1.1 billion.
7 May 2026
Duolingo Stock Jumps, But the Real Test Is Bookings

Duolingo Stock Jumps, But the Real Test Is Bookings

Duolingo shares rose 7.4% Thursday afternoon to $112.81 after first-quarter results showed revenue up 27% to $292 million and net income of $43.5 million. Daily active users reached 56.5 million, up 21%. The company forecast slower bookings growth, guiding to $283.5 million for the second quarter, as it ramps up AI investment and content expansion.
7 May 2026
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Planet Fitness Stock Plunges After Weak Sign-Ups Trigger 2026 Guidance Cut

Planet Fitness Stock Plunges After Weak Sign-Ups Trigger 2026 Guidance Cut

Planet Fitness shares fell 31% midday Thursday after the company cut its 2026 outlook, citing weaker first-quarter net member adds and lower same-club sales growth, now expected at about 1%. The company paused a planned Black Card price hike and withdrew its three-year forecast. Revenue rose 21.9% to $337.2 million, but net member growth slowed to about 700,000, down from 1 million a year earlier.
7 May 2026
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Why Himax Technologies Stock Is Surging: Q2 Guidance, Dividend and AI Glasses Bets

Why Himax Technologies Stock Is Surging: Q2 Guidance, Dividend and AI Glasses Bets

Himax Technologies shares surged over 30% in U.S. trading Thursday after the company forecast a second-quarter rebound and declared a cash dividend. First-quarter revenue reached $199 million, down 2% from the prior quarter but at the top end of guidance. Himax expects Q2 revenue to rise 10–13%, with gross margin near 32%. Automotive chip sales and WiseEye AI for smart glasses drove investor focus.
7 May 2026
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StubHub Stock Faces 13% Earnings Swing as STUB’s May 13 Test Nears

StubHub Stock Faces 13% Earnings Swing as STUB’s May 13 Test Nears

Options traders are pricing in a 13% swing for StubHub Holdings shares ahead of its May 13 earnings report, with the stock near $7.72 on Thursday. The company will release first-quarter results after markets close, following a March report showing 2025 gross merchandise sales of $9.2 billion and revenue of $1.7 billion. StubHub recently agreed to pay $10 million to settle FTC charges over ticket-price disclosure.
7 May 2026
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Dow Jones Today: Dow Falls Below 50,000 as Chip Retreat Tests Wall Street Rally

Dow Jones Today: Dow Falls Below 50,000 as Chip Retreat Tests Wall Street Rally

The Dow Jones Industrial Average fell 303.43 points to 49,607.16 by early afternoon Thursday, slipping below 50,000 after opening above that level. The S&P 500 and Nasdaq hit new highs earlier but lost ground as chip stocks declined and traders awaited Friday’s jobs report. Caterpillar and Merck led Dow losses. Oil prices dropped, with Brent crude down over 3% amid talks of a possible U.S.-Iran deal.
7 May 2026
US Stock Market Today: Dow Slips Below 50,000 as S&P 500, Nasdaq Fight to Hold Record Highs

US Stock Market Today: Dow Slips Below 50,000 as S&P 500, Nasdaq Fight to Hold Record Highs

The Dow slipped below 50,000 by midday Thursday as oil prices fell nearly 3% on hopes for a U.S.-Iran deal, dragging energy shares lower. The S&P 500 and Nasdaq hovered near record highs, with tech stocks steady. Jobless claims rose to 200,000, less than expected. Index funds SPY and DIA were down about 0.2% and 0.5%, respectively, while QQQ was flat.
7 May 2026
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Symbotic Stock Slips Despite Q2 Profit: $22.7 Billion AI Robotics Backlog Faces Walmart Test

Symbotic Stock Slips Despite Q2 Profit: $22.7 Billion AI Robotics Backlog Faces Walmart Test

Symbotic Inc. shares fell 2.3% to $59.78 after the company posted $676 million in revenue and $9 million in net income for its fiscal second quarter, reversing a year-earlier loss. The warehouse robotics firm reported a $22.7 billion backlog and forecast third-quarter revenue of $700 million to $720 million. Systems in deployment rose to 70 from 46 a year ago.
7 May 2026
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Qualcomm Stock Surges as AI Chip Bet Puts a Cheap Valuation Back in Play

Qualcomm Stock Surges as AI Chip Bet Puts a Cheap Valuation Back in Play

Qualcomm shares surged 11% to $213.93 Thursday after the company disclosed a leading hyperscaler will receive its custom AI chips later this year. The stock touched $223.58 intraday, lifting its market value to $229 billion. Fiscal Q2 revenue reached $10.6 billion, with $5.4 billion in share buybacks so far in 2026. Investors debated whether Qualcomm remains undervalued as AI chip demand grows.
7 May 2026
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Howmet Aerospace Stock Jumps: HWM Raises 2026 Forecast as Jet Demand Powers Profit Beat

Howmet Aerospace Stock Jumps: HWM Raises 2026 Forecast as Jet Demand Powers Profit Beat

Howmet Aerospace reported first-quarter revenue up 19% to $2.31 billion and adjusted EPS up 42% to $1.22, both above analyst estimates. The company raised its 2026 revenue forecast by $550 million at the midpoint and completed its $1.8 billion acquisition of Consolidated Aerospace Manufacturing in April. Engine Products sales rose 29% to $1.25 billion.
7 May 2026
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Novavax, Inc. Stock Jumps: Why Pfizer’s Matrix-M Deal Drove a Surprise Q1 Revenue Beat

Novavax, Inc. Stock Jumps: Why Pfizer’s Matrix-M Deal Drove a Surprise Q1 Revenue Beat

Novavax reported first-quarter revenue of $139.5 million, beating analyst expectations but down sharply from $666.7 million a year earlier. Licensing and partner payments, including $30 million from Pfizer, offset weak COVID-19 vaccine demand. Shares rose 1.7% Thursday after a 15.6% jump Wednesday, with trading volume spiking to 16.5 million shares. Product sales fell to $42.2 million, while licensing and other revenue reached $97.3 million.
7 May 2026
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Ticketmaster Cuts 350 Jobs After Strong Quarter: Inside Live Nation’s Push to Reset Its Ticketing Business

Ticketmaster Cuts 350 Jobs After Strong Quarter: Inside Live Nation’s Push to Reset Its Ticketing Business

Ticketmaster has laid off about 350 employees, or 8% of its global workforce, affecting staff in 25 countries. The cuts came a day after parent company Live Nation reported a $371 million operating loss, despite revenue growth. The layoffs follow an April jury verdict finding Live Nation and Ticketmaster illegally monopolized U.S. live event markets; penalties remain pending.
7 May 2026
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CrowdStrike Stock Just Cleared $500 as Cramer, Mizuho Bets Put AI Security Back in Focus

CrowdStrike Stock Just Cleared $500 as Cramer, Mizuho Bets Put AI Security Back in Focus

CrowdStrike shares surged to $503.51 Thursday morning, up $35.44, after launching a new mobile partner app and naming key partner award winners at its Americas Partner Symposium. The stock rebounded from a Wednesday drop, following an upgrade from Mizuho and renewed investor focus on its AI-security strategy. Fourth-quarter revenue rose 23% to $1.31 billion, with annual recurring revenue at $5.25 billion as of Jan. 31.
7 May 2026
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Shake Shack Stock (SHAK) Plunges 28% After Earnings Miss, Beef Costs and New CFO Move

Shake Shack Stock (SHAK) Plunges 28% After Earnings Miss, Beef Costs and New CFO Move

Shake Shack shares dropped 28% to $69.53 Thursday after the company reported a quarterly loss and missed revenue estimates. First-quarter revenue rose 14.3% to $366.7 million, below analyst expectations, while operating loss reached $2.6 million. Michelle Hook was named CFO, joining from Portillo’s. The company raised its 2026 development plan to 60–65 new company-operated openings.
7 May 2026
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SoundHound AI (SOUN) Stock Faces 16% Earnings Swing as Traders Test the AI Hype

SoundHound AI (SOUN) Stock Faces 16% Earnings Swing as Traders Test the AI Hype

SoundHound AI shares rose 2.3% to $9.59 ahead of its first-quarter earnings, with options pricing implying a post-report move of nearly 16%. Wall Street expects $42.56 million in revenue and a 5-cent loss per share. The company recently launched its OASYS AI platform and agreed to acquire LivePerson for $43 million. SoundHound will hold its earnings call at 5 p.m. ET Thursday.
7 May 2026
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GLD Gold ETF Alert: $12,000 Gold Call Meets Fresh Inflows and Crowding Risk

GLD Gold ETF Alert: $12,000 Gold Call Meets Fresh Inflows and Crowding Risk

Global physically backed gold ETFs attracted $6.6 billion in April, reversing March outflows as assets hit $615 billion, according to the World Gold Council. Spot gold rose for a third session Thursday, trading at $4,740.42 an ounce. GLD, the largest U.S. gold ETF, was last quoted at $436.79 with assets at $156.3 billion. Europe, Asia, and North America all posted inflows last month.
7 May 2026
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Why Hut 8 Stock Is in Focus After a $9.8 Billion AI Data Center Deal

Why Hut 8 Stock Is in Focus After a $9.8 Billion AI Data Center Deal

Hut 8 Corp. signed a 15-year, $9.8 billion lease for 352 MW of AI data-center capacity at its Beacon Point campus in Texas, with a high-investment-grade tenant. The deal brings Hut 8’s contracted AI data-center capacity to 597 MW. Revenue for the first quarter rose to $71 million, but the company reported a net loss of $253.1 million, mainly due to unrealized losses on digital assets.
7 May 2026
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Beyond Meat Stock Drops as Weak Sales Forecast Tests Its Plant-Protein Pivot

Beyond Meat Stock Drops as Weak Sales Forecast Tests Its Plant-Protein Pivot

Beyond Meat shares dropped about 14% Thursday after the company forecast second-quarter revenue of $60–$65 million, missing analyst estimates. First-quarter revenue fell 15.3% to $58.2 million as product volume slid 19.5%. U.S. retail and foodservice sales both declined sharply. Beyond launched a new protein drink and signed a distribution deal with Big Geyser for over 26,000 outlets in New York.
7 May 2026
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Stock Market Today

  • SiteMinder (ASX:SDR) Shares Could Be 22% Undervalued After Recent Price Spike
    June 20, 2026, 8:01 PM EDT. SiteMinder (ASX:SDR) shares surged over 45% in 30 days after a significant single-session price jump, attracting renewed investor attention. Despite a year-to-date drop of 33.82% and a net loss of A$15.396 million, the stock trades at a price-to-sales (P/S) multiple of 4.5x, above the Australian software sector average of 3.1x, signaling a potentially rich valuation. However, a discounted cash flow (DCF) model values the shares at A$4.96 versus the current A$4.05, indicating possible undervaluation by about 22%. Investors should weigh SiteMinder's robust revenue growth against its ongoing losses and sector comparisons, as any slowdown could impact optimism.

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Home Depot shares finish week up as investors weigh housing numbers

Home Depot shares finish week up as investors weigh housing numbers

21 June 2026
Home Depot jumped 2.1% to $334.28 in a shortened week as Wall Street rallied, but weak U.S. housing starts and upcoming May new-home-sales data keep pressure on the home-improvement outlook; the company reaffirmed 2026 sales and earnings targets despite volatile conditions and persistent housing affordability concerns.
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