Today: 21 June 2026

Why Eli Lilly stock is down today: FDA pushes obesity pill decision to April 10

Why Eli Lilly stock is down today: FDA pushes obesity pill decision to April 10

Eli Lilly shares fell 4.7% to $1,022.50 after Reuters reported the FDA delayed its decision on the company’s experimental weight-loss pill to April 10. Strive Specialties sued Lilly and Novo Nordisk in Texas, alleging anticompetitive practices tied to GLP-1 drugs. Novo Nordisk shares dropped 3.6%. Investors await Lilly’s Feb. 4 earnings for updates on the pill’s timeline and legal risks.
15 January 2026
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Rivian stock slips again as UBS turns bearish — Wall Street tests the R2 and autonomy story

Rivian stock slips again as UBS turns bearish — Wall Street tests the R2 and autonomy story

Rivian shares slipped 1.1% to $17.32 Thursday morning after analyst downgrades from Wolfe Research and UBS, which cited concerns over autonomy timelines and valuation. The stock has fallen 7.2% since Wednesday’s close. Rivian named Greg Revelle chief customer officer ahead of the R2 SUV launch, with first deliveries expected in the first half of 2026. Fourth-quarter and full-year results are due Feb. 12.
15 January 2026
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IREN stock slips as broker trims forecasts but keeps $80 target

IREN stock slips as broker trims forecasts but keeps $80 target

IREN shares fell 0.5% to $52.61 Thursday after H.C. Wainwright cut near-term earnings forecasts but kept a Buy rating and $80 target. Bitcoin dropped 0.8%, pressuring crypto-linked stocks. IREN’s AI push includes a $9.7 billion Microsoft deal and a $5.8 billion Dell supply agreement, both tied to GPU data center expansion in Texas. Delays in execution could trigger penalties, according to recent filings.
15 January 2026
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J.D. Irving seeks an NB Power grid exit as minister backs self-generated wind power plan

J.D. Irving seeks an NB Power grid exit as minister backs self-generated wind power plan

New Brunswick’s natural resources minister backs J.D. Irving Ltd. and other major industries seeking to self-supply renewable energy outside NB Power’s grid. NB Power warns losing large customers could raise bills for other ratepayers. The utility recently signed a 200-megawatt wind power deal with a J.D. Irving subsidiary. Industry leaders say they need relief from rising power costs.
15 January 2026
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Salesforce stock drops as Wolfe sticks with $350 target, but AI anxiety still weighs on CRM

Salesforce stock drops as Wolfe sticks with $350 target, but AI anxiety still weighs on CRM

Salesforce shares fell 1.6% to $235.78 late Thursday morning, underperforming gains in major U.S. stock indexes. Wolfe Research reiterated an Outperform rating and $350 price target after Salesforce’s Agentforce World Tour in Boston. Salesforce is rolling out new AI features in Slack and announced a health care software win with Spain’s Adamed Laboratorios. The stock is still recovering from a 6.5% drop earlier in the week.
15 January 2026
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Rutland MP says council ignored locals, presses minister for Rutland-Stamford reform meeting

Rutland MP says council ignored locals, presses minister for Rutland-Stamford reform meeting

MP Alicia Kearns urged ministers to intervene after Rutland County Council advanced a local government reform plan she says most residents oppose. Survey data cited by Kearns showed 45% favored a South Lincolnshire partnership, while a third rejected joining Leicestershire. Local government minister Alison McGovern said she is willing to meet MPs to discuss the dispute. The council did not comment.
15 January 2026
TSMC sparks chip-stock surge as Wall Street rebounds on bank earnings

TSMC sparks chip-stock surge as Wall Street rebounds on bank earnings

U.S. stocks rebounded Thursday, led by gains in chipmakers after TSMC projected 30% revenue growth for 2026 and posted record quarterly profit. The Dow rose 146 points, the S&P 500 gained 40, and the Nasdaq climbed 197 in early trading. Jobless claims dropped to 198,000, supporting optimism for rate cuts. Morgan Stanley and Goldman Sachs both beat profit forecasts on strong deal activity.
15 January 2026
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Intel stock hits $49.78 52-week high as KeyBanc flags “sold out” AI server chips

Intel stock hits $49.78 52-week high as KeyBanc flags “sold out” AI server chips

Intel shares hit a 52-week high of $49.78 on Thursday after KeyBanc upgraded both Intel and AMD, citing surging AI-driven server chip demand. Analyst John Vinh reported Intel is nearly sold out of 2026 server CPU capacity and highlighted improved manufacturing yields. KeyBanc set price targets of $60 for Intel and $270 for AMD. Neither Intel nor Apple commented on reports of a new supply deal.
15 January 2026
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Stock Market Today

  • Nokia shares face Monday test after holiday selloff amid AI and licensing push
    June 21, 2026, 11:55 AM EDT. Nokia's shares dropped nearly 9% in a holiday-shortened week, with Helsinki shares closing at €11.79 and U.S.-listed ADRs at $13.49. Despite recent AI and optical network announcements, investors demand more on cash flow, orders, and margins. Nokia's licensing arm secured a confidential multi-year patent deal with Lenovo, highlighting its patent strength. The company also advanced high-capacity data links for AI needs and 5G deployable networks for defense. The next key event is Nokia's Q2 earnings report on July 23, with insider trading restrictions starting June 23. Amid a cautious market, Nokia faces pressure to deliver financial results reflecting these technology developments.

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Nokia stock faces Monday test after holiday-shortened selloff

Nokia stock faces Monday test after holiday-shortened selloff

21 June 2026
Nokia shares tumbled nearly 9% in a holiday-shortened week despite multiple AI and network announcements, as investors demand proof of cash flow, orders, and margins ahead of the July 23 Q2 report; the stock’s drop signals skepticism that recent deals, including a new patent agreement with Lenovo, will immediately boost revenue.
Coeur Mining set for S&P MidCap 400 debut after wild, brief week

Coeur Mining set for S&P MidCap 400 debut after wild, brief week

21 June 2026
Coeur Mining shares closed at $17.51 Thursday ahead of their scheduled addition to the S&P MidCap 400 before Monday’s open, putting index-fund demand in focus after a volatile week and unusually high trading volume; Monday’s open will reveal how much buying remains after the index inclusion becomes effective.
Intel Beats AMD for Week After Trump Comments on Apple Chips

Intel stock enters week at record high after Apple chip report, Micron test ahead

21 June 2026
Intel surged 10.64% to a record $133.99 after President Trump said Apple agreed to work with Intel on U.S. chip design and manufacturing, though neither company confirmed details; investors await proof of large customer orders and factory execution as the stock’s rally outpaces current earnings and risks remain over the scale and timing of any Apple partnership.
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