Today: 20 June 2026

Jefferies Scrambles as First Brands’ $10 Billion Bankruptcy Reveals $2.3 Billion in ‘Vanished’ Debt

Jefferies Scrambles as First Brands’ $10 Billion Bankruptcy Reveals $2.3 Billion in ‘Vanished’ Debt

First Brands Group, supplier of TRICO wipers and FRAM filters, filed for Chapter 11 bankruptcy on Sept. 28, 2025, listing $10–$50 billion in liabilities and $1–$10 billion in assets. The collapse exposed nearly $2 billion in hidden debt and up to $2.3 billion missing from supply-chain financing. Jefferies Financial Group faces $715 million in exposure, with its shares down 14% in a week. A court probe is underway into possible misconduct.
9 October 2025
···
Powell’s Next Move Could Make or Break 2025’s Record Stock Rally

Powell’s Next Move Could Make or Break 2025’s Record Stock Rally

The S&P 500 and Nasdaq closed at record highs on Oct. 8, with the S&P up 0.6% to 6,753.72 and the Nasdaq rising 1.1% to 23,043.38. Gold surged past $4,000/oz for the first time, peaking at $4,078 before retreating slightly. Tech stocks soared, led by AMD’s 24% jump after an OpenAI deal. The Fed signaled more rate cuts after its first 2025 reduction, though inflation concerns remain.
9 October 2025
·····
Nvidia’s $2B Bet on Reflection AI Shakes Up the Global AI Race

Nvidia’s $2B Bet on Reflection AI Shakes Up the Global AI Race

Reflection AI has raised $2 billion in new funding led by Nvidia, boosting its valuation to about $8 billion from $545 million in March. Founded in 2024 by ex-DeepMind researchers, the startup is developing open-source AI models to rival China’s DeepSeek. Nvidia reportedly invested up to $500 million, with backing from Lightspeed, Sequoia, DST Global, and 1789 Capital. The round was oversubscribed amid intense investor demand.
9 October 2025
···
Wolfspeed WOLF Stock’s Wild Comeback: From Bankruptcy to Boom – Price, News & Expert Forecasts

Wolfspeed WOLF Stock’s Wild Comeback: From Bankruptcy to Boom – Price, News & Expert Forecasts

Wolfspeed stock surged over 1,000% intraday on September 29, 2025, after emerging from Chapter 11 bankruptcy and slashing debt by about 70%. Shares traded near $30.36 on October 9, giving a market cap of $0.7–0.8 billion. Most old equity was wiped out, with existing shareholders retaining only 3–5% of the company. Analysts rate the stock a Hold, with average 12-month price targets of $8–10.
9 October 2025
·
Adaptimmune Stock’s Wild 2025 Ride: Speculative Surge or True Biotech Comeback?

Adaptimmune Stock’s Wild 2025 Ride: Speculative Surge or True Biotech Comeback?

Adaptimmune shares jumped 52% on October 8, 2025, amid heavy speculative trading, but remain down about 75% year-over-year and trade near $0.20. The company sold its main T-cell therapy programs to US WorldMeds for $55 million upfront, cleared its debt, and now faces “substantial doubt” about its ability to continue. Analysts rate the stock as high risk, with no major firm recommending a Buy.
9 October 2025
Ferrari Stock Skids as EV Ambitions Shift: Inside RACE’s High-Octane Gamble

Ferrari Stock Skids as EV Ambitions Shift: Inside RACE’s High-Octane Gamble

Ferrari shares plunged nearly 12% to about $430 after its Capital Markets Day, erasing year-to-date gains and leaving the stock flat versus a year ago. Market cap now stands near $75 billion, more than double Porsche’s. The company announced €3.5 billion in dividends and a €3.5 billion buyback through 2030. Insiders, led by Exor, control about 48% of voting power.
9 October 2025
··
Ethereum $5,000 Soon? Fed Cuts, Small-Cap Rally & Whale Moves Fuel Bold Forecasts

Ethereum $5,000 Soon? Fed Cuts, Small-Cap Rally & Whale Moves Fuel Bold Forecasts

Ethereum traded near $4,560 this week, about 7.6% below its all-time high, after surging over 10%. Spot ETH ETFs attracted $1.3 billion in inflows last week, reversing earlier outflows. Analysts highlight a strong correlation with the Russell 2000 and rising expectations of Fed rate cuts. Technical patterns and forecasts point to a possible rally toward $5,200, with some projecting a cycle peak near $8,500.
9 October 2025
Novo Nordisk’s $5.2 Billion Bet to Reverse Fatty Liver Disease – Game-Changer or Big Gamble?

Novo Nordisk’s $5.2 Billion Bet to Reverse Fatty Liver Disease – Game-Changer or Big Gamble?

Novo Nordisk will acquire Akero Therapeutics for up to $5.2 billion, paying $54 per share in cash plus a potential $6 per share if Akero’s lead drug wins U.S. approval by 2031. Akero’s efruxifermin, in Phase 3 trials for fatty liver disease, has shown reversal of liver fibrosis in mid-stage studies. Akero shares jumped 19% on the news, while Novo shares were little changed. The deal is expected to close by year-end.
9 October 2025
··
PepsiCo (PEP) Stock: Q3 Earnings Surprise, “Ozempic Effect” Fears & Activist Investor Shake-Up – What’s Next?

PepsiCo (PEP) Stock: Q3 Earnings Surprise, “Ozempic Effect” Fears & Activist Investor Shake-Up – What’s Next?

PepsiCo shares trade near $139, down 6% in a month and 22% below last year’s high. Q3 revenue rose 2.6% to $23.94 billion, topping estimates, but North American snack and beverage volumes fell. Elliott Management disclosed a $4 billion stake, urging changes. Steve Schmitt was named CFO on Oct. 9, replacing retiring Hugh Johnston.
9 October 2025
··
Tilray’s 300% Rally and Surprise Profit: Is the Cannabis Comeback Real?

Tilray’s 300% Rally and Surprise Profit: Is the Cannabis Comeback Real?

Tilray Brands posted record Q1 2026 revenue of $209.5 million and a surprise net profit of $1.5 million, sending shares up over 10% pre-market. The stock has quadrupled since July 2025, lifted by optimism over potential U.S. cannabis reform and recent political endorsements. Wall Street remains cautious, with a consensus “Hold” rating and a $1.90 price target. Volatility remains high as investors watch for policy changes and earnings updates.
9 October 2025
··
Jamie Dimon’s Dire Warning: “Serious” Stock Market Correction Could Hit Soon

Jamie Dimon’s Dire Warning: “Serious” Stock Market Correction Could Hit Soon

JPMorgan CEO Jamie Dimon warned U.S. stocks could face a “significant correction” within 6 to 24 months, citing geopolitical tensions, heavy fiscal spending, and global military buildups. He said markets are showing “unrestrained optimism” and compared current AI-driven rallies to past bubbles. Dimon remains only “mildly” concerned about inflation but said a recession is still possible by 2026.
9 October 2025
·
PepsiCo’s Sneaky Q3 Beat: Earnings Up, New CFO In, But U.S. Snack Sales Slump – What It Means

PepsiCo’s Sneaky Q3 Beat: Earnings Up, New CFO In, But U.S. Snack Sales Slump – What It Means

PepsiCo posted Q3 adjusted EPS of $2.29, beating estimates, with revenue up 2.7% to $23.9 billion. Organic sales rose just 1.3%, missing targets, as U.S. snack and soda demand fell and volumes dropped. The company reaffirmed 2025 guidance and named Walmart U.S. CFO Steve Schmitt as its new CFO. Shares rose 2% pre-market but remain down nearly 9% for the year.
9 October 2025
·
UiPath Stock Skyrockets on ‘Agentic AI’ Boom – AI Deals & Earnings Fuel Rally

UiPath Stock Skyrockets on ‘Agentic AI’ Boom – AI Deals & Earnings Fuel Rally

UiPath shares jumped nearly 20% in early October 2025, hitting $15.58 after new AI partnerships with OpenAI, Google, NVIDIA, and Snowflake. Quarterly revenue rose 14.6% to $362 million, with a swing to a GAAP profit. Management raised full-year guidance, but analysts remain cautious, with most ratings at Hold and a price target near $13–14. Trading volumes doubled as investors reacted to the AI announcements.
9 October 2025
··
Oregon Scrambles to Save Green Projects as Trump’s Tax Credit Axe Falls

Oregon Scrambles to Save Green Projects as Trump’s Tax Credit Axe Falls

Oregon Gov. Tina Kotek ordered state agencies to fast-track permits for wind and solar projects so they can start construction by July 4, 2026, ahead of expiring federal tax credits. The Trump-backed “One Big Beautiful Bill Act” accelerates the phaseout of these incentives, putting at least 9–11 major Oregon projects at risk. Oregon could lose about 4 gigawatts of planned renewables if deadlines are missed.
9 October 2025
Silver Soars to Record Highs as Gold Hits $4,000 – Is the $50 Barrier Next?

Silver Soars to Record Highs as Gold Hits $4,000 – Is the $50 Barrier Next?

Spot silver climbed to $49.5 per ounce on Oct. 8, 2025, nearing its all-time high, and traded near $49 the next day. Prices have jumped about 70% year-to-date, outpacing gold’s 54% gain. Silver-backed ETFs added a record 95 million ounces in the first half of 2025, pushing total holdings above 1.13 billion ounces. Analysts expect silver to test or surpass the $50 mark soon.
9 October 2025
Dominion Energy Bets Big on Solar & Storage in 2025 – Even as Critics Cry “Scam”

Dominion Energy Bets Big on Solar & Storage in 2025 – Even as Critics Cry “Scam”

Dominion Energy has issued a request for proposals for new solar, wind, and battery projects in Virginia and North Carolina, seeking power purchase agreements with third-party developers. Bids are due by Feb. 9, 2026. The move follows state mandates for clean energy expansion and comes as renewables are set to make up about 90% of new U.S. power capacity in 2025.
9 October 2025
··
Double Meteor Shower Spectacle: Draconid and Orionid Displays Will Light Up October’s Night Sky

Meteor Storm or Moonlit Fizzle? Draconid ‘Dragon’ Meteor Shower Peaks Tonight with Skywatchers on Alert

The Draconid meteor shower peaks on the evening of October 8, 2025, just two days after a full Harvest Supermoon. Bright moonlight is expected to limit visibility to 2–6 meteors per hour. Scientists have predicted a possible outburst, but any surge may go largely unseen due to faint meteors and daylight timing in North America and Europe. The best viewing window is early evening on October 8, facing north.
9 October 2025
··
Government Shutdown Shocker: TSA PreCheck & Global Entry Roll On as Flights Face Delays

Government Shutdown Shocker: TSA PreCheck & Global Entry Roll On as Flights Face Delays

A partial U.S. government shutdown that began Oct. 1 has halted many federal operations, but TSA checkpoints and air traffic control remain staffed, though workers are unpaid. TSA PreCheck enrollment continues, while Global Entry interviews face delays. By Oct. 7, staffing shortages contributed to over 3,000 flight delays in one day. Airlines report hundreds of delays tied to reduced air traffic controller staffing.
9 October 2025
1 … 1,922 1,923 1,924 1,925 1,926 … 2,086

Stock Market Today

  • UK Investors Urged to Avoid Poor Quality Stocks to Support London Market
    June 20, 2026, 12:20 AM EDT. UK retail investors are warned against purchasing poor quality or 'rubbish' stocks. Experts say backing weak companies for the wrong reasons harms the London stock market's health and growth prospects. This trend risks undermining investor confidence and market stability, as retail investment plays a crucial role in market dynamics.

Latest articles

JBS shutdowns put pressure on U.S. beef as cattle prices rise

JBS shutdowns put pressure on U.S. beef as cattle prices rise

20 June 2026
JBS USA will close its Souderton, PA, and Memphis, TN, meat plants on August 14, cutting 1,693 jobs as tight cattle supplies drive negative U.S. beef margins; USDA data show beef prices up 14.8% year-over-year and forecast to rise another 12.1% in 2026, signaling ongoing cost pressure for packers and consumers.
TSMC Leads Nvidia in Short Week Chip Gains

TSMC Leads Nvidia in Short Week Chip Gains

20 June 2026
TSMC’s U.S.-listed shares soared 6.9% to $462.12, outpacing Nvidia’s 3.0% gain, as investors favored broad chip manufacturing exposure after an interim U.S.-Iran deal eased inflation fears and Taiwan’s central bank raised its 2026 economic-growth forecast to 9.45% on AI-driven semiconductor demand.
Intel Beats AMD for Week After Trump Comments on Apple Chips

Intel Beats AMD for Week After Trump Comments on Apple Chips

20 June 2026
Intel soared 10.6% to a record $133.99 after President Trump said Apple agreed to work with Intel on U.S. chip design and production, though neither company confirmed terms or details; analysts are split on the deal’s value, with Intel’s gains outpacing AMD’s 4.9% rise as the chip sector hit a record close.
Go toTop