Today: 21 June 2026

IBM Stock Soars 28%: AI & Cloud Breakthroughs Fuel Historic Rally

IBM Stock Soars 28%: AI & Cloud Breakthroughs Fuel Historic Rally

IBM shares closed at $281.28 on Oct. 17, up 1.9% and near a multi-year high, with a 28% year-to-date gain far ahead of the S&P 500. The company announced several AI and cloud deals in October, including partnerships with AMD, Anthropic, Oracle, and Bharti Airtel, and agreed to acquire Cognitus. Wall Street consensus is neutral, with most analysts targeting $280–$286. IBM pays a $6.72 dividend and trades at a forward P/E of about 45.
ASML Stock Skyrockets on AI Boom – Analysts Warn China Slump Looms

ASML Stock Skyrockets on AI Boom – Analysts Warn China Slump Looms

ASML shares surged to around €847 ($980) on Oct. 15, up 32% since early September and near record highs. Q3 revenue reached €7.516 billion with net income of €2.125 billion, while new orders topped €5.399 billion. Management warned of a sharp drop in China demand for 2026, despite reiterating 15% sales growth for 2025. ASML invested €1.3 billion in Mistral AI and faces ongoing U.S.-China export risks.
19 October 2025
Chevron (CVX) Stock Rallies on $2B Pipeline Deal – Could $200 Be Next?

Chevron (CVX) Stock Rallies on $2B Pipeline Deal – Could $200 Be Next?

Chevron shares closed at $153 on Oct. 17, 2025, little changed over the week as oil prices remained volatile. The company completed its $55 billion Hess acquisition in July and is selling Colorado pipeline assets for over $2 billion. Q2 net earnings fell to $1.45 per share from $2.43 a year ago, pressured by weaker oil prices and merger costs. An early October fire shut units at the El Segundo refinery; no injuries were reported.
AI Boom’s Hidden Gem: Credo (CRDO) Stock Soars on $500 “Purple” Cables and Big Partnerships

AI Boom’s Hidden Gem: Credo (CRDO) Stock Soars on $500 “Purple” Cables and Big Partnerships

Credo’s stock doubled in 2025, reaching around $143 after a 245% jump in 2024, fueled by soaring demand for its AI data center gear. Fiscal 2025 revenue hit $436.8 million, with net profit at $52.2 million. The company unveiled new 1.6Tbps cables and joined Arm’s AI chip ecosystem in October. CRDO’s market cap stands near $25–26 billion, with JPMorgan rating it Overweight despite high volatility.
Shocking U-Turn: Social Security Paper Checks Saved – Trump’s Stimulus Check Hype Debunked, Stocks Soar

Shocking U-Turn: Social Security Paper Checks Saved – Trump’s Stimulus Check Hype Debunked, Stocks Soar

The Social Security Administration reversed its plan to end paper checks by October 2025, confirming that beneficiaries unable or unwilling to switch will keep receiving them. The move follows President Trump’s March executive order to phase out paper payments, but about 400,000 recipients—mainly seniors—still rely on checks. The IRS will proceed with phasing out paper tax refunds starting with 2025 returns. Social media claims of new stimulus checks are false.
19 October 2025
Rigetti (RGTI) Stock Rockets 5,000% on Big Quantum Deals — Bubble Warning Looms

Rigetti (RGTI) Stock Rockets 5,000% on Big Quantum Deals — Bubble Warning Looms

Rigetti Computing shares jumped from under $1 to about $56 by mid-October, pushing its market value to around $16–18 billion despite annual revenue of just $8–10 million. The company secured $21 million in recent government and commercial deals and unveiled a new 36-qubit processor. Trading volumes spiked, with the stock swinging sharply. Rigetti raised $350 million in mid-2025, ending Q2 with $572 million in cash.
Intel Stock Explodes: 10% U.S. Stake, Nvidia Deal & AI Hype Fuel Surge

Intel Stock Explodes: 10% U.S. Stake, Nvidia Deal & AI Hype Fuel Surge

Intel shares doubled to $36–$37 by mid-October, their highest in over two years, after major investments from the U.S. government, SoftBank, and NVIDIA. The company unveiled a new AI data-center chip for 2026 but reported flat Q2 revenue and ongoing losses. CEO Lip-Bu Tan cut 20% of staff and paused fab expansion. Most analysts remain cautious, with a consensus price target below current levels.
BigBear.ai (BBAI) Stock Skyrockets on New Defense AI Deals – Is It the Next Palantir?

BigBear.ai (BBAI) Stock Skyrockets on New Defense AI Deals – Is It the Next Palantir?

BigBear.ai shares surged 22% on Oct. 13 after announcing a defense partnership with Tsecond, then settled at $7.42 by Oct. 17, nearly double last year’s price. The rally follows new defense and airport security contracts, but Q2 revenue fell 18% to $32.5 million and net loss widened to $228.6 million. Management cut 2025 sales guidance and suspended profit targets. Cash on hand stood near $391 million at June’s end.
Bitcoin Boom & $500M AI Data Deal Send Bitfarms (BITF) Stock Soaring — 148% YTD Gains

Bitcoin Boom & $500M AI Data Deal Send Bitfarms (BITF) Stock Soaring — 148% YTD Gains

Bitfarms Ltd. (NASDAQ: BITF) stock rose 19% for the week ending Oct. 17, 2025, closing near $5.01 after hitting an intraday high of $6.20. The company announced CFO Jeff Lucas will retire Oct. 27, naming Jonathan Mir as successor, and upsized a convertible note offering to $500 million. Bitfarms’ market cap stands at $2.8 billion, with shares up 440% over six months. Analyst price targets average $4.67, below recent trading levels.
Beyond Meat Stock Crashes Below $1: Debt Deal Sparks Investor Panic and Analyst Warnings

Beyond Meat Stock Crashes Below $1: Debt Deal Sparks Investor Panic and Analyst Warnings

Beyond Meat shares plunged nearly 60% in one day, closing at $0.65 on Oct. 17 after a debt-for-equity swap quadrupled its share count and triggered heavy dilution. CEO Ethan Brown left the board, two directors resigned, and new members were appointed. Wall Street analysts now rate BYND a “Strong Sell,” with price targets as low as $0.80. The company reported Q2 sales down 20% year-over-year and mounting losses.
19 October 2025
Coca-Cola (KO) Stock Rockets on Board Shake-Up and Bold Moves – What Investors Need to Know

Coca-Cola (KO) Stock Rockets on Board Shake-Up and Bold Moves – What Investors Need to Know

Coca-Cola closed at $68.40 on Oct. 17, 2025, up 1.3% for the day and 8% year-to-date. The company elected Max Levchin to its board and declared a $0.51 quarterly dividend. Coke plans to launch 7.5-oz mini cans and a cane-sugar version in the U.S., and is considering a $1 billion IPO for its Indian bottling arm. Wall Street analysts remain bullish, with a consensus price target of $76.70.
19 October 2025
CRISPR Therapeutics Stock Explodes on Gene-Editing Breakthroughs – Analysts See 35% Upside

CRISPR Therapeutics Stock Explodes on Gene-Editing Breakthroughs – Analysts See 35% Upside

CRISPR Therapeutics shares traded near $69 in mid-October after rising about 40–45% over the past year. The company plans to raise up to $600 million in a new share offering announced October 15. Bank of America raised its price target to $93 and maintained a Buy rating. CRISPR reported preclinical success for CTX460 and continues to expand Casgevy’s commercial reach.
Chevron (CVX) Stock: Oil Price Doldrums, Pipeline Deal & Analysts’ Forecasts – What’s Next?

Chevron (CVX) Stock: Oil Price Doldrums, Pipeline Deal & Analysts’ Forecasts – What’s Next?

Chevron closed at $153.08 on Oct. 17, up 0.9% for the day and steady in the $150–154 range despite oil price swings. The company sold DJ Basin pipeline assets for over $2 billion and completed the Hess acquisition in July. Q2 net earnings fell to $1.45/share from $2.43 a year earlier as lower oil prices and merger costs weighed on results. Wall Street remains mostly bullish, with an average price target near $170.
18 October 2025
Starbucks (SBUX) Brewing Gains? CEO’s Shake-Up & $5B China Deal Fuel Stock Rally

Starbucks (SBUX) Brewing Gains? CEO’s Shake-Up & $5B China Deal Fuel Stock Rally

Starbucks stock closed at $85.36 on Oct. 17, up nearly 9% for the week but still down about 10% year-over-year. CEO Brian Niccol is leading a $1 billion turnaround, closing several hundred North American stores and cutting 900 corporate jobs. Q3 FY2025 profit fell 47% year-over-year, missing estimates. Labor tensions are rising as unionized baristas protest closures, while Starbucks explores a partial sale of its China business.
18 October 2025
Ford (F) Stock Plunges After Supplier Fire and EV Slump — Can It Rebound?

Ford (F) Stock Plunges After Supplier Fire and EV Slump — Can It Rebound?

Ford shares closed at $11.92 on Oct. 17, 2025, up about 25% year-to-date despite a sharp drop after a key supplier’s plant fire and major recalls. Q3 U.S. vehicle sales rose 8.2% to 545,522 units, driven by strong pickup and SUV demand. Ford’s EV business posted a $1.3 billion Q2 loss as U.S. EV sales fell 31%. The company secured a four-year UAW contract and faces new tariffs on imported trucks.
Exxon Mobil (XOM) Stock on Rollercoaster Ride – Oil Crashes & Big News Spark Wild Market Debate

Exxon Mobil (XOM) Stock on Rollercoaster Ride – Oil Crashes & Big News Spark Wild Market Debate

Exxon Mobil closed at $112.24 on Oct. 17, near the midpoint of its 52-week range. Wells Fargo upgraded the stock to “Strong Buy” as analysts remain split on price targets. U.S. crude prices slid to five-year lows near $57/barrel, pressuring energy stocks. Exxon announced a preliminary deal to develop Iraq’s Majnoon oilfield and plans to cut about 2,000 jobs globally.
18 October 2025

Stock Market Today

  • Veteran Analyst Sets Ambitious SpaceX Stock Price Target
    June 20, 2026, 6:28 PM EDT. Arete Research released a bold stock price target for SpaceX, anticipating significant gains from its satellite ventures yet to launch. The firm's forecast highlights confidence in SpaceX's expanding role in satellite communications, despite the satellites not yet being in orbit. This bullish outlook reflects optimism about future revenue growth tied to SpaceX's Starlink internet constellation and related technologies. Investors should note that these projections hinge on the successful deployment and operation of new satellite networks. Arete's target underscores growing market interest in space-based broadband services and the potential financial impact of innovations by companies like SpaceX.

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.
Bank of America app outage leaves U.S. customers without mobile and online access

Bank of America app outage leaves U.S. customers without mobile and online access

21 June 2026
Bank of America’s digital banking outage Saturday left over 5,000 customers unable to log in or access accounts, hitting a platform used by 59 million clients and responsible for 94% of interactions; with no immediate comment or fix, investors face potential reputational risk when markets reopen, as digital access is a cornerstone of the bank’s customer strategy.
GM Shares Enter Holiday Week with Eyes on Defense Deal and USMCA

GM Shares Enter Holiday Week with Eyes on Defense Deal and USMCA

21 June 2026
General Motors closed at $79.29, down 2.7% for the holiday-shortened week, as a new defense pact with Lockheed Martin failed to offset pressure from trade risks and lack of concrete contract details; investors now await clarity on defense earnings potential and North American trade talks when markets reopen Monday.
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