Today: 27 May 2026

Wells Fargo stock price slips as credit-card rate cap fight hits banks — what’s next

Wells Fargo stock price slips as credit-card rate cap fight hits banks — what’s next

Wells Fargo shares fell 1.9% to $86.66 Tuesday as bank stocks dropped on concerns over a proposed 10% cap on credit-card interest rates. President Trump is pushing the limit, but details on implementation remain unclear. The American Bankers Association warns up to 159 million cardholders could lose access if the cap is enacted. Wells Fargo will appear at a key conference Feb. 10.
21 January 2026
Applied Digital stock drops 5% as tariff jitters hit high-beta AI data center names — what to watch next for APLD

Applied Digital stock drops 5% as tariff jitters hit high-beta AI data center names — what to watch next for APLD

Applied Digital shares fell 5.2% to $35.46 Tuesday as U.S. stocks and Bitcoin dropped sharply, following President Trump’s tariff warning. The Nasdaq slid 2.4%, while Bitcoin lost 3.78%. Investors are watching for updates on tariffs, interest rates, and Applied Digital’s major tenant leasing talks. The company reported $2.3 billion in cash and $2.6 billion in debt last quarter.
Amphenol stock slides as Trump tariff threat shakes Wall Street; Jan. 28 earnings next up

Amphenol stock slides as Trump tariff threat shakes Wall Street; Jan. 28 earnings next up

Amphenol shares closed down 1.3% at $152.33 Tuesday, outperforming several peers as U.S. stocks posted their steepest drop in three months after new tariff threats on European imports. Trading volume in Amphenol jumped to 10.6 million shares. The company recently closed its acquisition of CommScope’s cable unit and will report earnings Jan. 28.
Cisco stock price drops as tariff fears shake tech; Wi‑Fi 7 campus deal in focus

Cisco stock price drops as tariff fears shake tech; Wi‑Fi 7 campus deal in focus

Cisco shares fell 2.45% to $73.35 Tuesday as Wall Street posted its sharpest drop in three months after President Trump announced new tariffs on European imports. Trading volume reached 23.8 million shares. Cisco also unveiled a multi-year campus network deal with Georgetown University and a new tech partnership with Australian AI firm SharonAI. The company declared a $0.41 quarterly dividend, payable Jan. 21.
21 January 2026
Qualcomm stock extends seven-day skid as tariff fears rattle tech; QCOM earnings up next

Qualcomm stock extends seven-day skid as tariff fears rattle tech; QCOM earnings up next

Qualcomm shares fell 3.36% to $154.07 Tuesday, extending losses for a seventh straight session as chip stocks slid with the broader market. Trading volume reached 11.8 million, well above the 50-day average. Wall Street posted its steepest drop in three months after President Trump announced new tariffs on European goods. The S&P 500 lost 2.06%, and the Nasdaq dropped 2.39%.
Marvell (MRVL) stock slides with tech as Trump tariff threat jolts Wall Street — what to watch next

Marvell (MRVL) stock slides with tech as Trump tariff threat jolts Wall Street — what to watch next

Marvell Technology shares fell 0.8% to $79.80 Tuesday after volatile trading, as U.S. markets posted their steepest drop in three months on news of new Trump tariffs targeting Europe. The S&P 500 slid 2.06% and the Nasdaq lost 2.39%, both breaching key technical levels. Wall Street’s fear gauge hit its highest since November. European leaders will hold an emergency summit Thursday in response.
21 January 2026
Caterpillar stock drops nearly 3% as tariff jitters rattle industrials — what to watch next

Caterpillar stock drops nearly 3% as tariff jitters rattle industrials — what to watch next

Caterpillar shares fell 2.8% to $629 Tuesday, underperforming peers after President Trump threatened tariffs on European imports tied to Greenland talks. Trading volume reached 2.7 million shares. Oppenheimer raised its price target to $700, citing macro factors ahead of Caterpillar’s Jan. 29 earnings. The stock went ex-dividend, with a $1.51 payout due Feb. 19.
21 January 2026
Merck (MRK) stock ends higher on long-term Keytruda cancer-vaccine data; Guardant pact and earnings ahead

Merck (MRK) stock ends higher on long-term Keytruda cancer-vaccine data; Guardant pact and earnings ahead

Merck shares rose 0.6% to $109.45 Tuesday, defying a broad U.S. market selloff. Five-year data showed its personalized melanoma vaccine with Moderna cut recurrence or death risk by 49% in a Phase 2b trial. Investors await Phase 3 trial timing and Merck’s Feb. 3 earnings call for more details. The S&P 500 fell 2.06% and Nasdaq lost 2.39%.
D-Wave Quantum stock slides after Quantum Circuits deal closes and a 10.4 million-share resale filing hits

D-Wave Quantum stock slides after Quantum Circuits deal closes and a 10.4 million-share resale filing hits

D-Wave Quantum shares fell 6.2% to $27.04 after registering 10.43 million shares for resale tied to its $532 million Quantum Circuits acquisition. The company will not receive proceeds from these sales. Trading volume reached about 51 million shares. Investors are watching for updates at D-Wave’s Qubits conference next week.
Home Depot stock slides as labor-crunch warning lands, with earnings next on deck

Home Depot stock slides as labor-crunch warning lands, with earnings next on deck

Home Depot shares fell 1.3% to $375.11 Tuesday, outperforming the S&P 500’s 2.1% drop. The company’s foundation warned a skilled-trades shortage could delay disaster rebuilding despite available aid. Nearly 60% of Americans lack confidence in their community’s recovery speed after disasters, according to a new survey. Investors await Home Depot’s Feb. 24 earnings for signs of housing-related demand.

Stock Market Today

  • Selective Insurance Group's Preferred Shares Series B to Go Ex-Dividend on May 29
    May 27, 2026, 2:16 PM EDT. Selective Insurance Group Inc's 4.60% preferred shares series B (SIGIP) will trade ex-dividend on May 29, 2026, with a quarterly dividend of $0.2875 payable June 15. This represents a yield of about 6.96% annually, above the Financial sector's preferred stock average of 6.66%. SIGIP shares recently traded at $16.54 and are expected to open roughly 1.74% lower on the ex-dividend date. Meanwhile, the company's common shares (SIGI) comprise 2.08% of the SPDR S&P Insurance ETF (KIE), which was down 1.3% on Wednesday. On the same day, SIGIP shares rose 0.1% while SIGI common shares fell 0.6%. Investors should note the preferred shares' consistent dividend history and relative market performance.

Latest articles

Oil Slips With Fresh Iran Deal Hopes, Hormuz Watch Back in Focus

Oil Slips With Fresh Iran Deal Hopes, Hormuz Watch Back in Focus

27 May 2026
Oil prices fell about 4% Wednesday after Iranian state TV reported a draft U.S.-Iran deal to reopen the Strait of Hormuz, sending Brent to $95.59 a barrel and U.S. crude to $88.91. The White House called the report “complete fabrication.” Shipping traffic through Hormuz remains far below pre-war levels. Indian airlines IndiGo and Air India are cutting domestic flights, citing high fuel costs.
Opendoor shares move up as stock set to join Russell 3000, June 26 in focus

Opendoor shares move up as stock set to join Russell 3000, June 26 in focus

27 May 2026
Opendoor Technologies shares rose 8.6% to $4.87 Wednesday after the company said it will join the Russell 3000 Index following the U.S. market close on June 26. More than 36 million shares traded, lifting market value to about $4.66 billion. The company reported a wider first-quarter net loss of $173 million on $720 million in revenue. Opendoor expects second-quarter revenue to increase about 25% from the first quarter.
IREN Limited’s Nvidia Deal Rewrites The Bitcoin-Miner AI Cloud Trade

IREN Shares Jump After $1.6 Billion Dell Agreement Puts Focus on AI Revenue Target

27 May 2026
IREN Limited shares rose 9.4% to $65.42 after the company announced a $1.6 billion deal to buy Dell hardware for its Texas data center. The agreement aims to speed up deployment of Nvidia Blackwell systems for AI customers, with commissioning set for early 2027. Volume topped 44 million shares, pushing market cap to $21.8 billion. IREN expects annualized run-rate revenue to reach $4.4 billion after installation.
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