Today: 21 June 2026

Joby Aviation Stock Jumps 18% After Q1 Earnings as Air Taxi Launch Hopes Take Over

Joby Aviation Stock Jumps 18% After Q1 Earnings as Air Taxi Launch Hopes Take Over

Joby Aviation shares surged 18% after first-quarter revenue beat expectations and the company reiterated plans for initial passenger flights in 2026. Joby ended March with $2.5 billion in cash and short-term investments. Net loss for the quarter was $110 million, with operating expenses at $258 million. FAA certification remains pending before broad commercial service can begin.
6 May 2026
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Novavax Stock Jumps as Pfizer Vaccine Deal Drives Big Q1 Revenue Beat

Novavax Stock Jumps as Pfizer Vaccine Deal Drives Big Q1 Revenue Beat

Novavax reported first-quarter revenue of $139.5 million, beating estimates as licensing and partner payments, including $30 million from Pfizer, offset weak COVID-19 vaccine sales. Shares rose 15.6% to $9.36 in afternoon trading. Product sales dropped to $42.2 million from $621.7 million a year ago. The company maintained its 2026 adjusted revenue forecast of $230 million to $270 million.
6 May 2026
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Blue Cross Blue Shield Settlement Payouts Start in May — Who Gets Money From the $2.67 Billion Fund

Blue Cross Blue Shield $2.67 Billion Settlement Payments Are Starting: Who Gets Paid Now

Trader Joe’s will launch Summer Fun Mini Insulated Totes nationwide on May 20 for $3.99 each, with in-store sales only and no online or delivery options. The 1.5-gallon bags come in six summer designs and are expected to sell out quickly, as past releases have drawn long lines and resale markups. The company warns supplies are limited and does not condone reselling.
6 May 2026
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Primoris Services Corporation Stock Crash: Why PRIM Shares Are Plunging After Q1 Earnings Miss

Primoris Services Corporation Stock Crash: Why PRIM Shares Are Plunging After Q1 Earnings Miss

Primoris Services shares plunged 49% Wednesday after missing Q1 earnings and lowering its 2026 profit outlook, citing cost overruns in renewable-energy projects. The stock traded at $102.54 midday, down $100.38. Q1 net income dropped to $17.4 million from $44.2 million a year earlier. Adjusted earnings of 59 cents a share and revenue of $1.56 billion both fell short of estimates.
6 May 2026
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UNH Stock Moves Higher as UnitedHealth Cuts Prior Approval Rules and CVS Adds Cost Signal

UNH Stock Moves Higher as UnitedHealth Cuts Prior Approval Rules and CVS Adds Cost Signal

UnitedHealthcare will cut prior authorization requirements for 30% of remaining services by the end of 2026, including some outpatient surgeries and diagnostic tests. UnitedHealth Group shares rose about 1% to $367.55 Wednesday after the announcement. The company said prior authorization now applies to just 2% of its services. Investors are watching whether insurers can reduce paperwork without losing control of costs.
6 May 2026
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SoFi Stock Stalls Near $16 After Record Earnings as Investors Focus on One Big Warning Sign

SoFi Stock Stalls Near $16 After Record Earnings as Investors Focus on One Big Warning Sign

SoFi shares traded near $16 Wednesday, steady after last week’s post-earnings drop. The company kept its 2026 revenue forecast unchanged despite record first-quarter results, reporting $1.10 billion in GAAP net revenue and $166.7 million in net income. Wall Street remains divided, citing concerns over valuation, expenses, and loan-platform risk. CEO Anthony Noto said guidance was held due to changed Fed rate expectations.
6 May 2026
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Alibaba Stock Jumps as AI Bets Face a May 13 Earnings Test

Alibaba Stock Jumps as AI Bets Face a May 13 Earnings Test

Alibaba’s U.S.-listed shares jumped 6.6% to $141.04 on Wednesday, driven by renewed investor interest in artificial intelligence infrastructure. The rally comes ahead of Alibaba’s March-quarter and fiscal-year earnings report due May 13. Investors are watching for signs that cloud and AI gains can offset weak e-commerce demand. Competitors like DeepSeek are also drawing attention in the AI sector.
6 May 2026
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Dow Jones Today: 500-Point Rally Puts Blue-Chips Back in Play as Oil Slides and AMD Surges

Dow Jones Today: 500-Point Rally Puts Blue-Chips Back in Play as Oil Slides and AMD Surges

The Dow Jones rose about 500 points Wednesday, reaching 49,795.34 by midday, as falling oil prices and strong AI stock gains lifted Wall Street. Brent crude dipped below $100 after reports of possible U.S.-Iran progress. The S&P 500 and Nasdaq hit record highs. Disney and AMD both reported results above estimates, while U.S. private payrolls posted their largest gain in over a year.
6 May 2026
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US Stock Market Today: S&P 500 and Nasdaq Hit Records as AMD Rally, Oil Drop Shake Wall Street

US Stock Market Today: S&P 500 and Nasdaq Hit Records as AMD Rally, Oil Drop Shake Wall Street

The S&P 500 and Nasdaq hit record highs Wednesday as AMD shares surged nearly 17% on a strong revenue forecast, boosting AI-linked stocks. The Dow rose 510 points, oil prices dropped nearly 7% on reports of U.S.-Iran progress, and ADP reported 109,000 private-sector jobs added in April. Brent crude fell to $102.24 a barrel.
6 May 2026
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Cencora Stock Tumbles as Revenue Warning Overshadows Higher Profit Forecast

Cencora Stock Tumbles as Revenue Warning Overshadows Higher Profit Forecast

Cencora cut its full-year revenue growth forecast after missing quarterly revenue estimates, sending shares down 13.5% to $264.49. U.S. Healthcare Solutions revenue rose 2.9% to $68.8 billion, below analyst expectations. Total revenue reached $78.4 billion, missing Wall Street’s $81.09 billion estimate. The company raised its adjusted earnings forecast and plans $1 billion in share buybacks by end of 2026.
6 May 2026
SolarEdge Stock Slides After Earnings Miss as Turnaround Faces a Harder Test

SolarEdge Stock Slides After Earnings Miss as Turnaround Faces a Harder Test

SolarEdge shares dropped 6% Wednesday after the company posted a wider-than-expected adjusted Q1 loss, despite revenue rising 46% year-over-year to $310.5 million. The stock traded at $41.91 midday. U.S. revenue fell 20% from the prior quarter, while European sales rose 14%. The company forecast Q2 revenue of $325 million to $355 million and said Nexis production was fully booked in Europe.
6 May 2026
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Avalo Therapeutics Stock Jumps As $375 Million Raise Follows Phase 2 HS Trial Win

Avalo Therapeutics Stock Jumps As $375 Million Raise Follows Phase 2 HS Trial Win

Avalo Therapeutics priced a $375 million public offering after reporting positive Phase 2 results for abdakibart in hidradenitis suppurativa. The company will sell 19.73 million shares at $17.75 each and pre-funded warrants for 1.4 million shares. Shares rose 34% to $21.73 by midday. The Phase 2 trial showed HiSCR75 response rates of over 42% for both dosing regimens versus 25.6% for placebo.
6 May 2026
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Klaviyo Stock Plunges Nearly 30% After Q1 Beat as CFO Exit Clouds 2026 Outlook

Klaviyo Stock Plunges Nearly 30% After Q1 Beat as CFO Exit Clouds 2026 Outlook

Klaviyo shares plunged about 30% Wednesday after CFO Amanda Whalen announced plans to step down later this year, despite the company beating first-quarter estimates and raising its 2026 revenue outlook. The stock traded near $16.33 by midday. The company forecast slower Q2 growth and lower margins, prompting Stifel to cut its price target. Whalen will stay through August 21 before moving to an advisory role.
6 May 2026
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TransMedics Group Stock Tumbles 23% as Profit Hit Overshadows Organ-Transplant Growth

TransMedics Group Stock Tumbles 23% as Profit Hit Overshadows Organ-Transplant Growth

TransMedics shares dropped 23% to $72.88 after first-quarter adjusted earnings of 30 cents per share missed estimates and profit fell to $7.3 million from $25.7 million. Revenue rose 21% to $173.9 million but missed forecasts, while gross margin slipped to 58% from 61% as operating expenses jumped. The company maintained its 2026 revenue outlook of $727–$757 million.
6 May 2026
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QUALCOMM Incorporated Stock Nears $200 as AI Data-Center Bet Drives QCOM Rally

QUALCOMM Incorporated Stock Nears $200 as AI Data-Center Bet Drives QCOM Rally

Qualcomm shares rose 1.8% to $189.83 Wednesday after hitting $200.34, boosted by investor interest in AI data-center chips and a custom silicon deal with a major cloud operator. Fiscal Q2 revenue reached $10.6 billion, with handset sales down 13% but automotive revenue up 38%. CEO Cristiano Amon declined to name the cloud customer, saying shipments begin later this year.
6 May 2026
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Why POET Technologies Stock Is Back in the Spotlight After Marvell Order Shock

Why POET Technologies Stock Is Back in the Spotlight After Marvell Order Shock

Investor-rights law firms increased notices Wednesday over a securities class action against POET Technologies after Marvell Semiconductor canceled all Celestial AI-related orders. The lawsuit names CEO Suresh Venkatesan and CFO Thomas Mika and alleges misrepresentations on tax status and business agreements. POET shares traded at $9.385 on Nasdaq, up 17.5 cents. The lead-plaintiff deadline is June 29.
6 May 2026
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Palantir Stock Just Sank After a Blowout Quarter. Wall Street Is Finding the One Thing It Didn’t Like

Palantir Stock Just Sank After a Blowout Quarter. Wall Street Is Finding the One Thing It Didn’t Like

Palantir shares fell 1.4% to $134.04 despite reporting record quarterly revenue growth and raising its 2026 outlook. U.S. commercial revenue missed estimates by $10 million, triggering the drop. First-quarter revenue rose 85% to $1.63 billion, while government sales climbed 84%. Bank of America maintained a Buy rating but warned expectations remain high.
6 May 2026
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Stock Market Today

  • Stealth Group Holdings Surges 23.6% on Upgraded FY26 Guidance and FY28 Ambition
    June 20, 2026, 10:07 PM EDT. Stealth Group Holdings Ltd (ASX:SGI) shares rose 23.6% following an upgrade to its FY26 guidance with projected sales of at least A$165 million and net profit after tax (NPAT) of A$5.8 million. The company reaffirmed its FY28 ambition to achieve A$500 million in annual sales backed by an expanded 1,200-store network and enhanced digital and logistics investments. The upgraded outlook factors in the integration of its November 2025 acquisition of Hardware & Building Traders (HBT). While emphasizing growth potential in the industrial and hardware distribution sector, investors should consider integration risks and higher capital expenditure. Stealth projects revenues reaching A$297.8 million and earnings of A$26.6 million by 2029, implying a 36% share price upside to a A$1.60 fair value.

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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