Today: 20 May 2026

Opendoor stock edges up in premarket after 5% slide as UBS hikes target ahead of earnings

Opendoor stock edges up in premarket after 5% slide as UBS hikes target ahead of earnings

Opendoor shares rose 0.8% to $4.73 in premarket trading Wednesday after a 5.1% drop Tuesday on heavy volume. UBS raised its price target to $5 but kept a neutral rating. Investors are awaiting Opendoor’s Feb. 19 earnings and webcast, with focus on cash use, margins, and inventory. S&P 500 futures edged up 0.1% ahead of a delayed U.S. jobs report.
11 February 2026
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Bank of America stock (BAC) braces for a jobs-report jolt after AI scare hits financials

Bank of America stock (BAC) braces for a jobs-report jolt after AI scare hits financials

Bank of America shares fell 1.8% to $55.39 Tuesday, leading declines among major U.S. banks as financial stocks slid. Investors await a delayed January jobs report Wednesday and inflation data Friday, both seen as pivotal for Federal Reserve rate expectations. AI-driven disruption fears pressured wealth managers and brokerages. U.S. stock futures edged higher premarket, but trading remained cautious.
11 February 2026
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SoFi stock slips before the bell as Citizens upgrade meets insider sale filing; jobs data ahead

SoFi stock slips before the bell as Citizens upgrade meets insider sale filing; jobs data ahead

SoFi Technologies shares slipped 0.9% to $21.00 in premarket trading Wednesday after a weak close, as investors weighed insider selling and upcoming U.S. labor data. Citizens upgraded the stock to Market Outperform, citing recent pressure from risk-off trades. Director Steven Freiberg disclosed selling 94,225 shares to cover option exercise costs. SoFi recently posted record Q4 adjusted revenue of $1 billion.
11 February 2026
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Shopify shares jump premarket after Q4 revenue beat and $2B buyback: what to know

Shopify shares jump premarket after Q4 revenue beat and $2B buyback: what to know

Shopify reported fourth-quarter revenue of $3.67 billion, up 31%, and gross merchandise volume of $123.8 billion. The company forecast first-quarter revenue growth in the low-thirties percentage range and announced a $2 billion share buyback. Net income fell to $743 million from $1.29 billion a year earlier. Shopify expects a lower free cash flow margin in Q1 compared to last year.
11 February 2026
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Ford supplier Novelis targets June repair for fire-hit Oswego aluminum plant as quarterly loss widens

Ford supplier Novelis targets June repair for fire-hit Oswego aluminum plant as quarterly loss widens

Novelis reported a $160 million fiscal Q3 loss after two fires at its Oswego, New York, aluminum plant cut shipments by 11%. Repairs are expected to finish by end-June, but Ford said full operations may not resume until as late as September, affecting F-150 production costs. Novelis estimated fire-related repair costs at $255 million. No injuries were reported.
11 February 2026
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Nationwide lets UK borrowers sign mortgage deeds online with no witness in lender first

Nationwide lets UK borrowers sign mortgage deeds online with no witness in lender first

Nationwide Building Society has begun accepting digital signatures for mortgage deeds, eliminating the need for witnessed wet-ink signatures. The lender completed its first remortgage using a Qualified Electronic Signature, following HM Land Registry approval in August 2025. Adoption by law firms and conveyancers remains a key hurdle. Industry groups say the change could help reduce delays in UK property transactions.
11 February 2026
Tesla stock price slips in premarket as Tencent WeChat tie-up and sales shake-up grab focus

Tesla stock price slips in premarket as Tencent WeChat tie-up and sales shake-up grab focus

Tesla shares slipped 0.2% to $424.44 in premarket trading Wednesday after a 1.9% gain Tuesday. Tesla named Europe chief Joe Ward as global sales head following a North America leadership exit. Tencent Cloud announced WeChat-linked in-car features for Tesla vehicles in China. In Germany, Tesla filed a criminal complaint against a union member over a secret recording at its Berlin-area plant.
11 February 2026
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Ford stock price barely moves after $11.1 billion loss — what could swing shares next

Ford stock price barely moves after $11.1 billion loss — what could swing shares next

Ford shares were steady in premarket trading after the company reported a $11.1 billion net loss for Q4 but projected a 2026 profit rebound. Tariffs and aluminum supply disruptions continue to pressure Ford’s truck business. The stock hovered near $13.57 as traders awaited the delayed U.S. jobs report. Ford forecast 2026 adjusted EBIT of $8–10 billion and free cash flow of $5–6 billion.
11 February 2026
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QVC Group stock (QVCGA) plunges on creditor-talks report as bankruptcy risk comes into view

QVC Group stock (QVCGA) plunges on creditor-talks report as bankruptcy risk comes into view

QVC Group shares fell 66% to $3.74 Tuesday after reports of debt restructuring talks that could involve Chapter 11 bankruptcy. Trading was briefly halted as the stock swung between $2.88 and $11.16, with 1.5 million shares traded. QVC reported $6.6 billion in debt as of September 30. Investors await the company’s quarterly results on February 26 for updates on liquidity.
11 February 2026
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UniFirst stock jumps after report of renewed Cintas takeover talks — what investors watch next

UniFirst stock jumps after report of renewed Cintas takeover talks — what investors watch next

UniFirst shares surged 15% to $230.01 premarket Tuesday after Bloomberg reported takeover talks with Cintas. Cintas confirmed a $275-per-share cash offer in December, valuing UniFirst at $5.2 billion. UniFirst’s board is reviewing the proposal with advisers and has not commented further. Trading volume in UniFirst quadrupled, while investors await updates from either company.
11 February 2026
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LPL Financial (LPLA) stock steadies premarket after 8% drop on Altruist AI tax-planning shock

LPL Financial (LPLA) stock steadies premarket after 8% drop on Altruist AI tax-planning shock

LPL Financial shares hovered near $360.60 in premarket trading Wednesday after plunging 8.3% Tuesday, as Altruist’s new AI tax-planning tool triggered a selloff in brokerage stocks. Raymond James, Charles Schwab, and Ameriprise also dropped sharply. Traders are watching for further declines. Altruist’s Hazel platform can now automate personalized tax strategies for advisers.
11 February 2026
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Stock Market Today

  • OpenAI Plans Confidential IPO Filing with Goldman Sachs, Morgan Stanley
    May 20, 2026, 3:02 PM EDT. OpenAI is set to confidentially file its IPO prospectus as soon as Friday, working with Goldman Sachs and Morgan Stanley, CNBC reported. Valued at over $850 billion privately, OpenAI's public offering could be one of the largest in history. This move comes amid ongoing legal disputes with Elon Musk and ahead of SpaceX's IPO filing. OpenAI's CFO noted the importance of preparing for public company standards but declined to specify a timeline. The confidential IPO filing signifies OpenAI's step toward entering public markets, enhancing transparency after raising over $180 billion from investors.

Latest articles

AMD Shares Jump as Market Moves on AI Server Demand

AMD Shares Jump as Market Moves on AI Server Demand

20 May 2026
AMD shares jumped 7.3% to $444.24 Wednesday in New York, rebounding with the chip sector ahead of Nvidia’s quarterly results. The rally followed bullish analyst price target hikes and renewed focus on AI server demand. Trading volume reached 23.5 million shares. AMD reported Q1 revenue up 38% to $10.3 billion, with data center sales rising 57% on strong server chip demand.
Rivian Stock Pops as R2 Ramp Gives Traders a New Reason to Look Again

Rivian Stock Pops as R2 Ramp Gives Traders a New Reason to Look Again

20 May 2026
Rivian shares climbed 4.4% Wednesday to $13.465 after a production update on its new R2 SUV from the Illinois plant, where the first R2 rolled out in April. The company expects to build up to 155,000 R2s a year when fully scaled. Rivian reported Q1 revenue of $1.381 billion and a net loss, with negative free cash flow of $1.075 billion. CEO RJ Scaringe said R2 production is ramping up and hiring is underway.
Ambev Stock Draws Attention Ahead of World Cup

Ambev Stock Draws Attention Ahead of World Cup

20 May 2026
Ambev shares rose to R$16.27 in São Paulo and $3.225 in New York Wednesday after a strong first-quarter earnings report. The company named Fernando Maffessoni as logistics vice-president starting August 1, replacing Paulo André Zagman. First-quarter profit reached R$3.89 billion, up 2.1% from last year, with Brazil beer volumes rising 1.2%.
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