Today: 21 June 2026

Blackstone (BX) Shines With Big Q3 Beat & $18B Hologic Deal – But Why Are Shares Falling?

Blackstone (BX) Shines With Big Q3 Beat & $18B Hologic Deal – But Why Are Shares Falling?

Blackstone reported Q3 distributable EPS of $1.52, up 48% year-over-year and above estimates, but GAAP EPS fell to $0.80 as revenue dropped 15.7% to $3.09 billion. Shares traded near $160 on Oct. 23, down about 1% intraday and 6% below 2025 highs. Blackstone and TPG agreed to buy Hologic for $18.3 billion, offering a 46% premium. The firm also launched a $5 billion GCC logistics platform with Lunate.
Garrett Motion Stock Skyrockets on Turbocharged Q3 Beat and EV Tech Push

Garrett Motion Stock Skyrockets on Turbocharged Q3 Beat and EV Tech Push

GTX stock jumped about 20% to $15 on Oct 23, 2025, after Q3 sales rose 9% to $902 million and EPS beat estimates at $0.38. Garrett raised its 2025 outlook, hiked its dividend by 33% to $0.08 per share, and repurchased $84 million in stock. The stock hit a 52-week high. Analyst consensus rates GTX a “Strong Buy” with a 12-month target near $16–$17.
Dow Inc. Stock Skyrockets on Earnings Beat – Dividend Cut and Tariffs Still Cloud Outlook

Dow Inc. Stock Skyrockets on Earnings Beat – Dividend Cut and Tariffs Still Cloud Outlook

Dow Inc. shares jumped up to 10% on Oct. 23 after posting a smaller-than-expected Q3 adjusted loss of $0.19 per share, with sales of $9.97 billion missing estimates. The company’s annualized dividend was halved, prompting investor lawsuits. Dow’s stock remains down about 45% year-to-date. Tariffs and Chinese overcapacity continue to pressure margins across the chemicals sector.
AI Alliance Ignites Lumen (LUMN) Stock Surge Amid Bold Turnaround Moves

AI Alliance Ignites Lumen (LUMN) Stock Surge Amid Bold Turnaround Moves

Lumen Technologies shares jumped as much as 6% Thursday after announcing a multi-year AI partnership with Palantir and a $200 million software investment. The stock traded around $7.21, rebounding sharply from a 52-week low of $3.02. Lumen has more than doubled since April and is up 33% year-to-date, outpacing larger telecom peers. The company continues to face high debt and declining revenues despite recent financial improvements.
Scienture Holdings (SCNX) Stock Skyrockets on FDA Drug Launch – Will the Rally Last?

Scienture Holdings (SCNX) Stock Skyrockets on FDA Drug Launch – Will the Rally Last?

Scienture Holdings (NASDAQ: SCNX) jumped up to 45% in pre-market trading on Oct. 23, 2025, after announcing its first commercial sales of Arbli, the only FDA-approved ready-to-use liquid losartan. Trading volume surged to 77 million shares, far above its 4 million average. Despite the spike, SCNX remains down over 90% for the year. The company recently eliminated all debt by converting debentures to equity.
Honeywell Stock Soars on Q3 Beat and Breakup Plans – What Investors Need to Know

Honeywell Stock Soars on Q3 Beat and Breakup Plans – What Investors Need to Know

Honeywell shares jumped nearly 5% pre-market on October 23 after Q3 sales rose 7% to $10.41 billion and adjusted EPS beat forecasts at $2.82. The company raised its 2025 profit outlook and said aerospace demand drove results. Shares traded near $218 by mid-day, trimming year-to-date losses to 3.6%. Honeywell plans to spin off its advanced materials unit on October 30.
Freeport-McMoRan Stock Jumps on Earnings Beat – But Deadly Mine Disaster Clouds Outlook

Freeport-McMoRan Stock Jumps on Earnings Beat – But Deadly Mine Disaster Clouds Outlook

Freeport-McMoRan reported Q3 adjusted earnings of $0.50 per share, beating estimates as higher copper prices offset a 13% drop in copper output after a fatal mudflow halted Grasberg mine operations. Shares rose 3.3% pre-market. The company warned Q4 copper and gold sales will plunge due to the ongoing shutdown. Grasberg is not expected to return to full production until 2027.
AI Stock Boom or Bubble? Tech Rally Soars as Experts Warn of Risk

AI Stock Boom or Bubble? Tech Rally Soars as Experts Warn of Risk

Nvidia, Microsoft, Apple, Alphabet, and Amazon now account for nearly 30% of the S&P 500’s value, the highest since 1964. The S&P 500 and Nasdaq hit record highs in October, driven by AI stocks like Nvidia and Palantir, which is up about 300% this year. Analysts warn valuations are stretched, with Palantir trading at over 100× sales and Nvidia at over 300× earnings. Some experts fear an AI-driven bust could erase trillions in U.S. wealth.
South Africa’s Outsourcing Boom Becomes a New ‘Gold Rush’ for Jobs and Investment

South Africa’s Outsourcing Boom Becomes a New ‘Gold Rush’ for Jobs and Investment

South Africa’s BPO sector now generates about 35 billion rand ($2 billion) a year and employs over 70,000 in the Western Cape, up from fewer than 2,000 offshore jobs 15 years ago. UK and European firms, drawn by lower costs and skilled English-speaking workers, are expanding operations in Cape Town, where nearly 100,000 call-centre staff serve global clients. Connectivity and education gaps threaten to limit growth outside major cities.
23 October 2025
Plug Power Stock Skyrocketed 170% on Hydrogen Hype – Now It’s Sliding: Can PLUG Rebound?

Plug Power Stock Rockets on Hydrogen Hype: 170% Rally Driven by New Deals

Plug Power shares closed at $3.01 on Oct. 23, up 3.1% for the day and 170% since early September amid a short-squeeze rally. The company announced hydrogen partnerships with Floor & Decor and Edgewood Renewables, and delivered 44.5 tons of green hydrogen to Germany. Plug raised $370 million in early warrant exercises. CEO Andy Marsh will step down in early 2026, with CRO Jose Luis Crespo set to take over.
Buyers Bet on Falling Mortgage Rates as 2025 Housing Market Hits Standstill – Will Relief Come?

Buyers Bet on Falling Mortgage Rates as 2025 Housing Market Hits Standstill – Will Relief Come?

The average 30-year fixed mortgage rate remains near 6.3%, more than double pandemic lows, despite widespread buyer optimism for a drop. Industry forecasts from the MBA and Fannie Mae see rates staying above 6% through 2025. Existing-home sales hit a 30-year low, with buyers largely holding off. The Federal Reserve’s recent rate cut has not eased mortgage costs, as Treasury yields stay elevated.
23 October 2025
Quantum Leap: D-Wave (QBTS) Stock Skyrockets 2000% Amid Fed Rate Cuts and AI-Fueled Quantum Breakthroughs

Quantum Gold Rush: D-Wave (QBTS) Stock Rockets 3000% This Year – Government Funding News Fuels Wild Swings

D-Wave Quantum (NYSE: QBTS) soared nearly 3000% over the past year, peaking at $46.75 on Oct. 15, 2025, before plunging 35% in a tech selloff. The stock rebounded 16% pre-market Oct. 23 after reports of possible U.S. government equity-for-funding deals. D-Wave remains unprofitable, with H1 2025 revenue of $18 million and a Q2 GAAP loss of $167 million. Analyst targets range widely, with consensus in the mid-$20s.
Incredible Rally: Bitfarms (BITF) Stock Jumps 148% YTD Amid Crypto Boom & AI Pivot

Bitfarms (BITF) Stock Rockets: Bitcoin at $125K & $500M AI Data Deal Fuel Rally

Bitfarms shares fell 12.3% to $3.94 on Oct. 22, after volatile trading that saw a 52-week high of $6.20 earlier in the month. The company closed a $500 million convertible note deal and named Jonathan Mir as CFO. Bitfarms is shifting toward AI and high-performance computing, using new financing to expand a Pennsylvania campus. Wall Street remains mostly bullish, with a $4.35 average price target.
Free Shipping Frenzy & 60% Off Wellness: Inside GMA’s Latest ‘Deals & Steals’ Bonanza

Free Shipping Frenzy & 60% Off Wellness: Inside GMA’s Latest ‘Deals & Steals’ Bonanza

Good Morning America featured back-to-back “Deals & Steals” segments this week, offering up to 66% off on luggage, tech gadgets, and wellness products, with some deals including free shipping. Brands like Samsonite and SHOKZ were discounted on Oct. 23, while Oct. 22 focused on fitness gear and smartwatches. Retail data shows free shipping motivates 52% of shoppers, second only to discounts.
23 October 2025
Opendoor’s Wild 2025 Ride: Meme-Stock Surge, Crypto Pivot & Housing Hopes – What’s Next for OPEN?

Opendoor’s Stock Skyrockets 1,600% – Wild Meme Rallies, Crypto Twist & Looming Home-Market Crash?

Opendoor shares soared from $0.50 in June 2025 to over $10 by mid-September, then fell to $6.80 on Oct. 22. Former Shopify exec Kaz Nejatian took over as CEO in September, with co-founder Keith Rabois returning as Chairman. The company posted Q2 revenue of $1.6 billion but expects Q3 revenue to drop by about half year-over-year. Opendoor will accept Bitcoin for home purchases.
Osram Stock Plunges on German Plant Closure – Key Facts & Forecast

Osram Stock Plunges on German Plant Closure – Key Facts & Forecast

Ams OSRAM will close its Schwabmünchen factory in Bavaria by December 2027, ending 62 years of operations and cutting about 270 jobs. The company cited falling orders, cost pressure from Asian rivals, and a failed sale attempt. Shares trade near CHF 11.76, close to the 52-week high, with analysts forecasting a 10% drop. Local leaders and unions condemned the closure, calling it a major blow to the community.
23 October 2025
Oil Prices Rollercoaster: Trade War Fears & OPEC Moves Spark 5-Month Lows

Oil Prices Skyrocket: Brent Nears $66 on U.S. Sanctions – Experts Weigh In

Brent crude rose to about $66 per barrel on Oct. 23, jumping 5% after the U.S. and EU imposed sanctions on Russia’s Rosneft and Lukoil. WTI traded near $62, and the OPEC Basket was $63.4. OPEC+ plans to raise output, while global stockpiles are at multi-year highs. U.S. crude inventories fell last week as refineries increased runs; domestic production is near record levels.
XRP Price Jumps Back After Wild Swing – Ripple’s Token Eyes ETF Catalyst in Volatile Crypto Market

XRP Price Soars to $2.4 on ETF Hype – $5 Next for Ripple’s Crypto?

XRP traded at $2.42 on Oct. 23, recovering from a plunge to $1.64 after the Oct. 10 U.S.–China trade shock. Institutional buying pushed the price back above $2.50 by Oct. 12. The SEC settled its lawsuit with Ripple in August, prompting major exchanges and funds to relist XRP and file for spot ETFs. Bloomberg Intelligence estimates nearly 100% odds of at least one XRP ETF approval this month.

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