Today: 21 June 2026

IBM stock drops 3% even after BofA lifts target — what to watch before earnings

IBM stock drops 3% even after BofA lifts target — what to watch before earnings

IBM shares fell about 3% Tuesday, underperforming a weaker U.S. market after Bank of America raised its price target but warned of a tougher 2026 setup. BofA expects $400 million in restructuring costs to weigh on fourth-quarter margins. Investors await IBM’s January 28 earnings for signals on software growth and cash flow. IBM’s $11 billion Confluent deal remains pending.
13 January 2026
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Oklo stock slides in late trade as Meta nuclear deal meets insider selling and long timelines

Oklo stock slides in late trade as Meta nuclear deal meets insider selling and long timelines

Oklo shares fell 3.3% to $99.10 in late trading Tuesday after hitting an intraday high of $107.55. The drop followed news of CEO Jacob DeWitte’s insider share sales and updates on Meta-backed nuclear projects in Ohio. Oklo’s agreement with Meta targets a 1.2 GW power campus, with pre-construction work set for 2026. Broader nuclear stocks were mostly flat.
13 January 2026
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Asana stock drops 7% today as software names slide after CPI — what to watch next

Asana stock drops 7% today as software names slide after CPI — what to watch next

Asana shares fell 7.1% to $12.04 Tuesday afternoon, underperforming major indexes after U.S. inflation data showed a 2.7% annual rise in December. The drop mirrored declines in other cloud software stocks. Company news was limited, though Asana launched a new automation feature late Monday. Investors are watching the Fed’s Jan. 27-28 meeting and Asana’s fiscal year-end on Jan. 31.
13 January 2026
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Verizon stock slides after FCC loosens phone-unlocking rule as fraud fight takes center stage

Verizon stock slides after FCC loosens phone-unlocking rule as fraud fight takes center stage

Verizon shares fell 2.5% to $38.86 Tuesday after U.S. regulators scrapped a rule requiring the carrier to unlock phones 60 days after activation. The FCC’s order, effective immediately, follows Verizon’s claim that the rule fueled fraud involving nearly 785,000 devices last year. AT&T and T-Mobile also declined. Verizon separately disclosed changes to a $30 million executive stock award.
13 January 2026
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Navitas Semiconductor (NVTS) stock slides 11% in choppy trade — what investors are watching next

Navitas Semiconductor (NVTS) stock slides 11% in choppy trade — what investors are watching next

Navitas Semiconductor shares fell about 11% Tuesday, closing at $9.33 after volatile trading. The drop came ahead of CEO Chris Allexandre’s scheduled appearance at the Needham Growth Conference on Wednesday. Investors are watching for updates on the company’s shift to higher-power GaN and SiC chips for AI data centers. The broader chip sector rose, with the iShares Semiconductor ETF up 1%.
13 January 2026
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Texas Instruments stock slips late in session as CPI hits tape and Jan. 27 earnings loom

Texas Instruments stock slips late in session as CPI hits tape and Jan. 27 earnings loom

Texas Instruments shares fell 0.5% to $188.12 Tuesday, lagging the broader chip sector as investors weighed new U.S. inflation data and awaited the company’s Jan. 27 earnings report. The iShares Semiconductor ETF rose 0.9%, while rivals Analog Devices and ON Semiconductor posted gains. U.S. consumer prices rose 0.3% in December, with core inflation up 2.6% year-over-year.
13 January 2026
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iRhythm (IRTC) stock slides as 2026 outlook and holding-company switch land

iRhythm (IRTC) stock slides as 2026 outlook and holding-company switch land

iRhythm Technologies shares dropped 7.5% to $156.24 Tuesday after the company announced 2026 sales targets and a restructuring plan during the J.P. Morgan Healthcare Conference. The company raised its 2025 revenue forecast above $740 million and projected 2026 revenue of $870–$880 million. iRhythm also created a new holding-company structure, effective Jan. 12, with no change to its ticker symbol.
13 January 2026
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Verizon stock drops as FCC loosens phone unlocking rule and traders look to earnings next

Verizon stock drops as FCC loosens phone unlocking rule and traders look to earnings next

The FCC granted Verizon a waiver from its 60-day phone unlocking rule, allowing the carrier to follow broader industry standards. Verizon shares fell 2.4% to $38.89 Tuesday, underperforming peers after the decision. The company reported losing 784,703 devices to fraud in 2023. Verizon also amended a $30 million performance stock award for CEO Daniel H. Schulman.
13 January 2026
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Why Super Micro Computer stock is sliding: Goldman starts SMCI at Sell with $26 target

Why Super Micro Computer stock is sliding: Goldman starts SMCI at Sell with $26 target

Super Micro Computer shares fell 6.3% to $28.22 after Goldman Sachs initiated coverage with a Sell rating and a $26 price target, citing limited profit visibility. The stock has dropped nearly 45% in three months. Goldman expects profit margins to fall to 7.5% by 2026, down from over 15% in 2022. Increased competition and higher component costs are pressuring margins.
13 January 2026
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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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