Today: 21 June 2026

Varonis Stock Plummets 45% After Weak Q3 Earnings – Analysts React to Shock Guidance Cut

Varonis Stock Plummets 45% After Weak Q3 Earnings – Analysts React to Shock Guidance Cut

Varonis Systems shares plunged about 45% on October 29, closing near $34 after Q3 revenue missed estimates and the company slashed its outlook. Management cited a late-quarter slowdown and plans to phase out on-premises products by 2026. The board approved a $150 million buyback and a 5% workforce cut. Analysts cut price targets, with at least one downgrade, as the stock’s steep drop erased much of its 2025 gains.
Oracle’s ‘Truly Awesome’ AI Cloud Quarter Sends Stock Soaring 36%, Making Ellison World’s Richest

Oracle Stock Soars on AI Cloud Mega-Deals, Edges Toward Trillion-Dollar Dream

Oracle shares traded near $278 on Oct. 29, 2025, up about 70–75% year-to-date after record highs and major AI-driven cloud deals. The company signed a $300 billion contract with OpenAI and a $20 billion pact with Meta, pushing its cloud backlog to $455 billion. Fiscal Q1 2026 revenue rose 12% to $14.93 billion. Analysts remain bullish, but some warn of risks tied to large AI customers.
New Fortress Energy Seeks U.K. Lifeline to Dodge Bankruptcy – Shares Crash as $9 B Debt Weighs

New Fortress Energy Seeks U.K. Lifeline to Dodge Bankruptcy – Shares Crash as $9 B Debt Weighs

New Fortress Energy is weighing a U.K. “scheme of arrangement” to restructure about $9 billion in debt, aiming to avoid U.S. Chapter 11 bankruptcy. Shares plunged 8% Wednesday, extending a 90% year-to-date drop, as investors reacted to mounting bankruptcy fears. Moody’s downgraded NFE to Caa1 in March, citing weak liquidity and high leverage. Bondholders have organized to negotiate as the company seeks a global debt deal.
Plug Power (PLUG) Stock’s 170% Hydrogen Rally Hits a Wall – Can PLUG Bounce Back?

Plug Power (PLUG) Stock’s 170% Hydrogen Rally Hits a Wall – Can PLUG Bounce Back?

Plug Power (PLUG) traded near $2.85 midday Oct. 29, 2025, after falling 6% to $2.79 earlier. Shares surged 170% from late summer to an October high of $4.58, then dropped back to the high-$2 range. Plug recently raised $370 million in cash and secured a $1.66 billion DOE loan guarantee. CEO Andy Marsh will step down in 2026, with José Luis Crespo set to take over.
Alphabet Stock Soars Ahead of Q3 Earnings: AI Frenzy Fuels $3 Trillion Dreams

Alphabet Stock Soars Ahead of Q3 Earnings: AI Frenzy Fuels $3 Trillion Dreams

Alphabet Inc. stock hit record highs in late October 2025, closing near $265 and approaching a $3 trillion valuation. The company reports Q3 earnings on October 29, with analysts expecting revenue near $100 billion and profit around $2.30 per share. Google’s ad business rebounded sharply, while cloud revenue jumped 32% year-over-year. In September, a U.S. judge rejected calls to break up Google in a key antitrust case.
Fed Cuts Rates Amid Data “Fog” – Stocks Hit Record Highs as More Easing Likely

Fed Cuts Rates Amid Data “Fog” – Stocks Hit Record Highs as More Easing Likely

The Federal Reserve cut its key interest rate by 0.25% on October 29, setting the target range at 3.75–4.00%, its second reduction this year. The move came despite missing economic data due to a prolonged government shutdown. U.S. stocks hit record highs ahead of the decision. Fed Chair Jerome Powell warned of a softer labor market and rising risks to employment.
Paramount Slashes 1,000 Jobs as New CEO Eyes $60 B Warner Bros. Takeover

Paramount Slashes 1,000 Jobs as New CEO Eyes $60 B Warner Bros. Takeover

Paramount Skydance began laying off about 1,000 employees this week, roughly 5% of its workforce, following its $8.4 billion merger with Skydance Media. Nearly 100 CBS News staffers are affected. CEO David Ellison said the cuts are necessary for long-term stability. Paramount has made multiple failed takeover bids for Warner Bros. Discovery, whose stock surged nearly 10% on the news.
AI Chatbot Under Fire: Character.AI Bans Teen Users After Suicide Scandal – Is This a Turning Point?

AI Chatbot Under Fire: Character.AI Bans Teen Users After Suicide Scandal – Is This a Turning Point?

Character.AI will ban users under 18 from open-ended chatbot conversations by November 25, following lawsuits alleging its bots encouraged teen suicides. Teens are now limited to two hours of chat daily until the cutoff. The company cites regulator and parent concerns, and will introduce age verification and new safeguards. The move follows a Florida family's lawsuit blaming a bot for their son's suicide.
29 October 2025
GM Stock Skyrockets 7% as Earnings Beat, EV Strategy U-Turn Fuel Rally

GM Slashes 1,700 EV Jobs, Cites Trump Policy Shift – Investors Cheer Cost Cuts

General Motors will cut about 1,700 jobs as it slows electric vehicle production, including 1,200 positions at Detroit’s Factory Zero and 550 at an Ohio battery plant. Hundreds more in Ohio and Tennessee will be temporarily furloughed as GM pauses battery output for upgrades. The company cited weaker EV demand and regulatory changes. GM stock rose after the announcement, with shares up over 35% year-to-date.
29 October 2025
Bank of Canada Cuts Key Rate to 2.25% – Is This the End of Rate Cuts?

Bank of Canada Cuts Key Rate to 2.25% – Is This the End of Rate Cuts?

The Bank of Canada cut its overnight rate by 25 basis points to 2.25% on Oct. 29, its second consecutive cut. Governor Tiff Macklem signaled no further cuts are planned for now, citing sticky core inflation near 3% and sluggish growth forecasts. The Canadian dollar firmed to about C$1.3915 per USD and major bank stocks rose after the announcement. Markets had widely expected the move.
29 October 2025
UnitedHealth Stock Rallies After Bold Strategy Overhaul – Is 2026 a Turning Point?

UnitedHealth Stock Rallies After Bold Strategy Overhaul – Is 2026 a Turning Point?

UnitedHealth reported Q3 revenue of $113.2 billion, up 12% year-over-year, and raised its 2025 adjusted EPS outlook to at least $16.25, above consensus. Shares traded near $360 on Oct. 29, about 30% below April’s peak. The company will shift more doctors to employment and exit lower-profit markets. Q3 medical-loss ratio was about 89.9%, and UnitedHealth remains under federal Medicare Advantage scrutiny.
29 October 2025
PECO Pumps $10K Grants into Parks & $12K to Heroes – Energy Stocks Rally?

PECO Pumps $10K Grants into Parks & $12K to Heroes – Energy Stocks Rally?

PECO opened applications Oct. 29 for its 2025–26 Green Region Open Space grants, offering up to $10,000 to nonprofits for local green projects; applications close Nov. 7. On Oct. 28, PECO awarded $12,000 in grants to five first responder groups. Parent Exelon last traded near $48, close to a 52-week high. Utilities like Dominion and DTE are also rising as data centers and renewables drive demand.
Alaska-Hawaiian Merger Takes Off: Single Operating Certificate and More

Alaska-Hawaiian Merger Takes Off: Single Operating Certificate and More

The FAA granted Alaska Air Group a single operating certificate for Alaska Airlines and Hawaiian Airlines on Oct. 29, 2025, officially merging their operations. Hawaiian’s callsign and code were retired after HA866 landed in Honolulu, with all flights now using Alaska’s “AS” code. The carriers launched a unified loyalty program, Atmos Rewards, and Alaska announced new Seattle–London and Seattle–Reykjavik routes for 2026.
NVIDIA’s Stock Soars to New Highs – Analysts Eye Further Gains

Nvidia Stock Rockets to $5 Trillion Milestone as AI Boom Powers Historic Rally

Nvidia’s market value briefly topped $5 trillion Wednesday after shares surged 5% to around $210, marking a historic first for any company. The rally follows record quarterly revenue of $46.7 billion, up 56% year-over-year, driven by soaring demand for AI chips. Nvidia recently announced a $100 billion deal with OpenAI and revealed $500 billion in backlogged AI processor orders.
Massive Microsoft Outage: Azure & 365 Crash, Teams, Xbox Down Worldwide

Massive Microsoft Outage: Azure & 365 Crash, Teams, Xbox Down Worldwide

A major outage hit Microsoft’s cloud services on Oct. 29, 2025, taking down Azure, Microsoft 365, and Xbox Live for users worldwide starting around 9 AM Pacific. Downdetector logged over 16,000 Azure complaints and 9,000 for Microsoft 365. Microsoft confirmed the disruption and began deploying fixes. Businesses and consumers lost access to key apps, with widespread impact across multiple continents.
Stride (LRN) Stock Plummets 50% After Earnings—Guidance Shocks Investors

Stride (LRN) Stock Plummets 50% After Earnings—Guidance Shocks Investors

Stride (LRN) shares fell over 50% to $75.20 on Oct. 29 after Q2 and full-year revenue guidance missed analyst expectations. Q1 revenue reached $620.9 million, topping estimates, and EPS was $1.40, above consensus. Barrington, Morgan Stanley, and BMO cut their price targets. Earlier in October, an SEC complaint from a New Mexico school district sent shares down 11%.
Palantir Stock Skyrockets on Massive UK AI-Defense Pact – Could PLTR Eclipse Oracle by 2030?

Palantir (PLTR) Stock Skyrockets to Record High on AI and Defense Deals – Bulls vs. Bears Clash

Palantir closed near $195 on Oct. 29, 2025, after rising about 300% year-to-date and reaching a market value of $400–425 billion. Major 2025 deals include a 10-year U.S. Army contract worth up to $10 billion and a UK Ministry of Defence AI pact. Q2 revenue hit $1.004 billion, up 48% year-over-year. The stock trades at over 100 times forward sales, drawing warnings from some analysts about overvaluation.
Fossil‑Free Steel Breakthrough: Vattenfall Builds World’s First Green Dam Gate

Fossil‑Free Steel Breakthrough: Vattenfall Builds World’s First Green Dam Gate

Vattenfall will install the world’s first dam gate made from fossil-free steel at its 603 MW Stornorrfors hydropower station by 2028. The 120-tonne gate, produced by SSAB using hydrogen-based HYBRIT technology, will have a carbon footprint about 200 tons lower than conventional steel. SSAB shares rose after the announcement. EU regulators are considering green procurement rules that could favor this technology.

Stock Market Today

  • Verizon Shares Drop 5.7% Amid New Plan Overhaul and Upcoming Debt Settlement
    June 21, 2026, 4:58 PM EDT. Verizon shares fell 5.7% to $45.37 in a holiday-shortened week as investors reacted to the company's simplified plans, fee reductions, and a loyalty program designed to improve subscriber retention. The moves aim to boost user growth but raised concerns about potential margin pressures. Heavy trading activity highlighted investor skepticism ahead of Verizon's $1.86 billion debt-settlement due Monday and the July 24 earnings webcast. Market watchers are closely monitoring whether these strategy shifts can enhance growth without compromising profitability.

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Stocks to Watch: SPCX, MU, XOM on Radar Before Monday Bell

Stocks to Watch: SPCX, MU, XOM on Radar Before Monday Bell

21 June 2026
Micron surged 8.70% to a record $1,133.99 as Apple flagged rising memory costs, with Wednesday’s earnings looming and June 26 options pricing a 14.3% move—putting a $971.83–$1,296.15 band in play and making MU mechanically closest to price discovery among major stocks.
Verizon stock ends short week lower as plan overhaul faces investor test

Verizon stock ends short week lower as plan overhaul faces investor test

21 June 2026
Verizon shares slid 5.7% to $45.37 in a holiday-shortened week as investors weighed new simpler plans, fee cuts, and a loyalty program aimed at boosting subscriber retention, with heavy trading volume signaling skepticism over whether these moves can lift growth without hurting margins ahead of Monday’s $1.86 billion debt-settlement and the July 24 earnings webcast.
Plug Power finishes week up as investors look at funding changes

Plug Power to watch cash and deals with Monday trade on deck

21 June 2026
Plug Power surged 7.55% to $2.85 Thursday, capping a 3.3% weekly gain, but investors remain focused on liquidity after the company raised $39.2 million by selling a federal tax credit; with $150 million in Q1 cash burn and $223.2 million left, the stock’s next move hinges on proving cash use is falling and project monetization is real.
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