Today: 21 June 2026

Lennar Corporation’s New-Homes Bet Runs Into the Mortgage-Rate Wall

Lennar Corporation’s New-Homes Bet Runs Into the Mortgage-Rate Wall

Lennar shares slipped 0.5% to $90.09 Thursday morning as the homebuilder increased new home supply amid investor focus on mortgage rates and spring demand. The company reported first-quarter net earnings of $229 million, with deliveries down 5% and gross margin falling to 15.2%. Lennar plans a luxury community launch in California and over 40 new communities in the Northeast. Other homebuilder stocks showed mixed early trading.
7 May 2026
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BlackBerry Stock Has a New Test: Can QNX Carry the AI Robotics Bet?

BlackBerry Stock Has a New Test: Can QNX Carry the AI Robotics Bet?

BlackBerry’s QNX unit will demonstrate its real-time operating system for AI-enabled robots, medical devices, and factory automation at the Robotics Summit in Boston on May 27-28. QNX reported a 20% revenue jump to $78.7 million last quarter, with a royalty backlog of $950 million. BlackBerry shares recently traded at $5.91, down 1.3% in early New York trading.
7 May 2026
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Snowflake Stock Just Jumped. Now Comes the AI Test Wall Street Won’t Ignore

Snowflake Stock Just Jumped. Now Comes the AI Test Wall Street Won’t Ignore

Snowflake shares rose about 10% Thursday to $153.21 amid a sector rally sparked by Datadog’s raised outlook. The stock remains down 35% for the year, with investors watching AI-driven demand ahead of Snowflake’s next earnings report. Datadog shares jumped 29% after reporting $1.01 billion in Q1 revenue. Snowflake last posted 30% product revenue growth and guided for 27% growth in the coming quarter.
7 May 2026
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Oklo Stock Pops After NRC Fast-Track Approval. The Nuclear Startup Still Has a Lot to Prove

Oklo Stock Pops After NRC Fast-Track Approval. The Nuclear Startup Still Has a Lot to Prove

The U.S. Nuclear Regulatory Commission approved Oklo Inc.’s Principal Design Criteria report for its Aurora nuclear powerhouse, cutting review time in half, the company said Wednesday. Oklo shares fell 2.9% in premarket trading Thursday after closing at $79.62. The approval does not allow full commercial operation; Oklo has not built any powerhouses or signed binding power purchase agreements.
7 May 2026
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Why Fluence Energy Stock Is Surging: Data-Center Deals Put $5.6 Billion Backlog in Focus

Why Fluence Energy Stock Is Surging: Data-Center Deals Put $5.6 Billion Backlog in Focus

Fluence Energy shares surged 34% in U.S. premarket trading Thursday after the company reported a record $5.6 billion backlog and new supply deals with two major hyperscalers. Fiscal second-quarter revenue rose 7.7% to $464.9 million, while net loss narrowed to $29.2 million. The company maintained its 2026 outlook and reported total liquidity of about $900 million as of March 31.
7 May 2026
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Why Lumentum’s 90% AI Sales Surge Still Sent Its Stock Lower

Why Lumentum’s 90% AI Sales Surge Still Sent Its Stock Lower

Lumentum Holdings shares dropped 5% after reporting fiscal Q3 revenue of $808.4 million, up 90% year over year, and beating profit estimates but missing revenue expectations. Nvidia’s $2 billion investment in March deepened Lumentum’s role in AI data center supply chains. CEO Michael Hurlston said demand for high-speed lasers outpaces supply by over 30%. The company guided Q4 revenue to $960 million–$1.01 billion.
7 May 2026
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Whirlpool Stock Crashes 20% After Iran War Warning, Dividend Halt and Appliance Price Hikes

Whirlpool Stock Crashes 20% After Iran War Warning, Dividend Halt and Appliance Price Hikes

Whirlpool shares fell about 20% in early trading Thursday after the company cut its 2026 profit outlook, suspended its dividend, and blamed the Iran war for a steep drop in U.S. demand. First-quarter net sales dropped 9.6% to $3.27 billion, with a net loss of $85 million. Whirlpool announced price increases of over 10% in April and 4% in July. North American appliance revenue fell 7.5%, while EBIT plunged 96%.
7 May 2026
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GM Recall Alert: 40,440 Brake-Fluid Units Flagged Over Sediment Risk

GM Recall Alert: 40,440 Brake-Fluid Units Flagged Over Sediment Risk

Charleston and Dominion Energy began cutting nearly 200 palmetto trees near power lines in the Eastside neighborhood, pledging to plant five new trees for each one removed. The work comes during South Carolina’s Hurricane Preparedness Month, as utilities rush to clear vegetation before hurricane season starts June 1. City officials say the trees cannot be pruned once they reach utility clearance zones.
7 May 2026
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Trump’s Gas Price ‘Nuclear Option’ Faces Iran-Hormuz Test as Oil Falls Below $100

Trump’s Gas Price ‘Nuclear Option’ Faces Iran-Hormuz Test as Oil Falls Below $100

Brent crude fell below $100 a barrel Thursday as the U.S. and Iran moved toward a limited war halt, but U.S. gasoline prices remained high at $4.558 a gallon, AAA said. The White House is not seriously considering limits on oil exports, according to cabinet officials. U.S. crude inventories dropped by 2.3 million barrels last week, with distillate stocks at their lowest since 2005.
7 May 2026
McDonald’s Q1 Earnings Beat Has One Catch: Value Meals Still Face a U.S. Test

McDonald’s Q1 Earnings Beat Has One Catch: Value Meals Still Face a U.S. Test

McDonald’s first-quarter revenue rose 9% to $6.517 billion, beating estimates, while global comparable sales increased 3.8%. U.S. same-store sales grew 3.9%, driven by higher average checks, but traffic was uneven. Systemwide sales reached over $34 billion, with loyalty-member sales topping $9 billion. New menu items and value offers boosted spending, though U.S. sales growth missed Wall Street’s target.
7 May 2026
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Micron Stock Gets $740 AI Call as Mizuho Lifts Western Digital, SanDisk Bets

Micron Stock Gets $740 AI Call as Mizuho Lifts Western Digital, SanDisk Bets

Mizuho Securities raised price targets for Micron Technology to $740 and Western Digital to $550, citing surging AI-driven memory demand. Micron shares rose 4.2% premarket to $666.59, Western Digital gained 3.8% to $483.15. Analyst Vijay Rakesh projected Micron HBM revenue to reach $35.7 billion by 2028. Micron began shipping a 245-terabyte SSD for AI and cloud workloads.
7 May 2026
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Fortinet Stock Surges 12% as Q1 Beat and 2026 Guidance Put AI Security Demand Back in Focus

Fortinet Stock Surges 12% as Q1 Beat and 2026 Guidance Put AI Security Demand Back in Focus

Fortinet shares jumped 12.3% premarket after first-quarter earnings and revenue beat estimates, with adjusted EPS at 82 cents on $1.85 billion revenue. Billings rose 31% to $2.09 billion, and product revenue climbed 41% to $645 million. The company raised its 2026 outlook, now guiding for up to $7.87 billion in annual revenue. CEO Ken Xie cited strong demand and AI-driven security threats.
7 May 2026
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DoorDash’s $100 Million Gas Bill Shows the Price of Keeping Drivers on the Road

DoorDash’s $100 Million Gas Bill Shows the Price of Keeping Drivers on the Road

DoorDash will spend about $100 million on gas relief for drivers in the first half of 2026 as U.S. fuel prices climb, with $50 million booked in Q1 and over $50 million expected in Q2. Shares rose 11% in premarket trading after the company forecast higher second-quarter order value. First-quarter orders rose 27% to 933 million, but revenue missed analyst estimates. CFO Ravi Inukonda said some investments were delayed to fund the program.
7 May 2026
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US Stock Market Today Premarket: S&P 500, Nasdaq Futures Near Records as Oil Slide Tests AI Rally

US Stock Market Today Premarket: S&P 500, Nasdaq Futures Near Records as Oil Slide Tests AI Rally

S&P 500 and Nasdaq futures hovered near record highs early Thursday after both indexes closed at records Wednesday, boosted by chip stocks. Oil prices fell further as talks progressed on a limited U.S.-Iran deal, with Brent crude trading near $98 a barrel. Weekly U.S. jobless claims are due at 8:30 a.m. ET. Friday’s payrolls report is seen as the main test for the Federal Reserve.
7 May 2026
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Corning Stock Is Suddenly an AI Trade: Inside Nvidia’s $500 Million Fiber Bet

Corning Stock Is Suddenly an AI Trade: Inside Nvidia’s $500 Million Fiber Bet

Nvidia acquired $500 million in Corning warrant rights as part of a multiyear optical-connectivity agreement. Corning will build three U.S. plants, increase optical capacity tenfold, and add over 3,000 jobs. Corning shares jumped nearly 12% premarket, while Nvidia rose 5.7%. The deal ties Corning’s fiber business more closely to AI data-center expansion.
7 May 2026
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Stock Market Today

  • Eli Lilly Shares Trade at 26.7% Discount Despite 45% Annual Gain, Valuation Analysis
    June 20, 2026, 9:19 PM EDT. Eli Lilly (LLY) stock closed recently at $1,098.57, up 45.1% over the past year but down 3% in the last week. The company, a major pharmaceutical player, shows a mixed valuation picture. A Discounted Cash Flow (DCF) model estimates intrinsic value at $1,497.84 per share, suggesting the stock is undervalued by 26.7%. The DCF method projects future free cash flows, discounting them to present terms to assess fair value. Despite a valuation score of 2 out of 6 from Simply Wall St, indicating some caution, the DCF analysis implies Eli Lilly's shares may be trading below their fundamental worth. Investors should weigh this alongside other valuation metrics and market factors before deciding.

Latest articles

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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