Today: 20 June 2026

Microsoft stock slips after the bell as Goldman flags “compounding AI cycles” ahead of earnings

Microsoft stock slips after the bell as Goldman flags “compounding AI cycles” ahead of earnings

Microsoft shares slipped 0.4% after hours Monday to $477.22. Goldman Sachs resumed coverage with a Buy rating and raised its price target to $655, while Barclays trimmed its target to $610. Investors are watching Tuesday’s U.S. CPI report and Microsoft’s Jan. 28 earnings release. Societe Generale will switch to Microsoft’s Copilot AI tool, according to Bloomberg.
Capital One stock drops on Trump’s 10% credit-card rate cap talk as $425 million depositor settlement advances

Capital One stock drops on Trump’s 10% credit-card rate cap talk as $425 million depositor settlement advances

Capital One shares fell 6.4% to $233.20 in after-hours trading Monday after Donald Trump proposed capping credit-card interest rates at 10% for one year starting Jan. 20. A federal judge gave preliminary approval to Capital One’s revised $425 million settlement with depositors over savings-account rates. Investors await more details and the company’s Jan. 22 earnings call.
Alnylam stock slides after “Alnylam 2030” plan, Amvuttra Q4 sales come up short

Alnylam stock slides after “Alnylam 2030” plan, Amvuttra Q4 sales come up short

Alnylam shares fell 6.7% to $370.91 in after-hours trading Monday after the company issued 2026 sales guidance and launched its “Alnylam 2030” plan. Preliminary Q4 sales of Amvuttra reached about $827 million, missing some estimates. Management projected 2026 net product revenue of $4.9–$5.3 billion, mostly from its TTR franchise. The company targets over 25% annual revenue growth through 2030.
Tesla stock edges up after hours as robotaxi deadlines, CPI and earnings line up as next tests for TSLA

Tesla stock edges up after hours as robotaxi deadlines, CPI and earnings line up as next tests for TSLA

Tesla shares rose 0.9% to $448.90 in late Monday trading after a report outlined new 2026 plans including robotaxis and the “Cybercab.” More than 61 million shares traded as the S&P 500 and Dow hit record closes. Investors await Tuesday’s U.S. inflation data and Tesla’s Jan. 28 earnings report. Tesla’s annual sales recently fell for a second year, with China’s BYD now the top EV seller.
Meta stock slips after-hours as Zuckerberg rolls out ‘Meta Compute’ AI buildout

Meta stock slips after-hours as Zuckerberg rolls out ‘Meta Compute’ AI buildout

Meta shares fell 1.7% to $641.92 in after-hours trading Monday after CEO Mark Zuckerberg announced the “Meta Compute” AI infrastructure push. The New York Times reported Meta plans to cut about 10% of Reality Labs staff, or roughly 1,500 jobs, as soon as Tuesday. Zuckerberg named Dina Powell McCormick as president and vice chair. Meta has spent over $60 billion on Reality Labs since 2020.
Nvidia stock barely moves after hours as $1 billion Eli Lilly AI lab plan lands

Nvidia stock barely moves after hours as $1 billion Eli Lilly AI lab plan lands

Nvidia and Eli Lilly will invest up to $1 billion over five years in a joint AI drug discovery lab in the San Francisco Bay area, using Nvidia’s latest chips. Nvidia shares closed at $184.88, up 0.01%, and hovered near $184.94 after hours. The exact lab location will be announced in March. Investors are watching TSMC’s earnings report on January 15 and Nvidia’s on February 25.
iRhythm (IRTC) stock drops after JPM update points to $880 million 2026 revenue

iRhythm (IRTC) stock drops after JPM update points to $880 million 2026 revenue

iRhythm shares fell 5.6% to $169.30 in late trading Monday after the company forecast 2026 revenue of $870–$880 million and an adjusted EBITDA margin of 11.5%–12.5%. Investors focused on the lack of detailed cost and margin data, as well as an upcoming corporate name change. About 1.35 million shares traded, with the stock swinging between $157.34 and $179.82. The company’s update remains preliminary.
Lowe’s stock edges higher while Home Depot slips; traders eye Feb. 25 earnings call

Lowe’s stock edges higher while Home Depot slips; traders eye Feb. 25 earnings call

Lowe’s shares rose 1.1% to $270.09 Monday afternoon, outpacing Home Depot, which slipped 0.6%. About 1.9 million Lowe’s shares changed hands as Wall Street steadied after an early dip tied to Fed concerns. Lowe’s next earnings call is set for Feb. 25, with a $1.20 dividend payable Feb. 4 to holders on record Jan. 21. The stock moved within a $263.83–$270.98 range during the session.
Urban Outfitters stock slides despite “record” holiday sales — what spooked URBN shares

Urban Outfitters stock slides despite “record” holiday sales — what spooked URBN shares

Urban Outfitters shares fell 12% after hours Monday despite a 9% rise in holiday sales, as investors worried about profit margins and future demand. The stock touched $70.27 before recovering to $71.49. Apparel stocks broadly declined after weak forecasts from Abercrombie & Fitch and Birkenstock. Urban Outfitters opened 58 new stores and closed seven in the past eleven months.
Marvell stock stalls even as chip ETFs rise — what’s moving MRVL now

Marvell stock stalls even as chip ETFs rise — what’s moving MRVL now

Marvell Technology shares slipped to $83.21 Monday afternoon, lagging a broader chip rally as the iShares Semiconductor ETF rose 0.7% and Broadcom gained 2.5%. Traders are watching Tuesday’s U.S. CPI data and Thursday’s Taiwan Semiconductor earnings for signals on AI demand. Marvell’s next earnings report is expected in early March. The company recently agreed to buy XConn Technologies for about $540 million.
CrowdStrike stock slips on KeyBanc downgrade as 2026 security budget doubts surface

CrowdStrike stock slips on KeyBanc downgrade as 2026 security budget doubts surface

CrowdStrike shares fell 0.6% to $467.84 Monday after KeyBanc downgraded the stock to “Sector Weight,” citing high valuation and uncertain AI-driven security spending in 2026. The company announced a new partnership with Nord Security targeting small and midsize businesses. KeyBanc’s CIO survey suggests security budgets will trail overall IT spending next year. Other software stocks like Okta rose on the news.
Dave Inc stock drops nearly 9% as fintech lenders slide; CPI test looms for DAVE

Dave Inc stock drops nearly 9% as fintech lenders slide; CPI test looms for DAVE

Dave Inc (DAVE.O) shares fell 8.8% to $218.29 Monday after President Trump called for a 10% cap on credit card interest rates, sparking a selloff in credit-sensitive stocks. About 1.1 million Dave shares traded by mid-afternoon. The drop mirrored declines in other fintechs, including Upstart and Affirm. Dave also faces a Justice Department complaint alleging it misled users about fees, which the company disputes.
12 January 2026
Arcutis Biotherapeutics stock slides after 2026 ZORYVE sales outlook; June FDA deadline in focus

Arcutis Biotherapeutics stock slides after 2026 ZORYVE sales outlook; June FDA deadline in focus

Arcutis Biotherapeutics shares fell 8.7% to $25.76 Monday after the company set a 2026 net product sales target of $455–$470 million for its ZORYVE franchise. The company reported $99.2 million in net product revenue last quarter and ended September with $191.4 million in cash. Arcutis plans to expand its sales team by 20% and expects key clinical trial data in early 2026. The stock hit a session low of $25.51.

Stock Market Today

  • Fed Chair Kevin Warsh Cuts Forward Guidance, Sparking Market Volatility and Higher Rates
    June 20, 2026, 10:27 AM EDT. New Federal Reserve Chair Kevin Warsh is reducing the Fed's communication, notably cutting "forward guidance" that markets use to anticipate interest-rate moves. This shift could increase stock and bond market volatility, while pushing borrowing costs higher for consumers and businesses. The Fed's statement length was halved, removing clues about future monetary policy. Treasury yields jumped after the announcement, with the 10-year yield rising to 4.49%, influencing mortgage rates. Analysts warn this could lead to more unstable markets and modestly higher mortgage costs, potentially by a quarter-point. Warsh's approach echoes former Fed Chair Alan Greenspan's more reserved communication style, aiming to reduce market dependence on Fed signals.

Latest articles

Merrill Fined Again by FINRA as Bank of America Expands in Louisiana

Merrill Fined Again by FINRA as Bank of America Expands in Louisiana

20 June 2026
Merrill Lynch, a Bank of America unit, was fined $175,000 by FINRA for municipal-bond disclosure failures just days after a $225,000 censure over missed call-center complaints, as Bank of America prepares to open its first Baton Rouge branch; the fines are small but highlight operational risks as the bank expands retail and digital services in Louisiana. Bank of America shares last traded at $56.20.
Dispute over ASML China EUV orders puts U.S. export rules to the test

Dispute over ASML China EUV orders puts U.S. export rules to the test

20 June 2026
ASML shares fell up to 2.7% after reports that U.S. officials suspect one of its advanced EUV chipmaking machines may have reached China, despite ASML’s denial; the uncertainty highlights political risks that could threaten up to 20% of ASML’s 2026 revenue if broader export controls are imposed.
SpaceX ETF Rush Hits Retail Risk Nerve After Record IPO

SpaceX ETF Rush Hits Retail Risk Nerve After Record IPO

20 June 2026
SpaceX shares closed Thursday at $185, still well above the $135 IPO price but down 3.6% on the day, after more than $10 billion traded in leveraged ETFs and ARK Innovation ETF saw record $4.6 billion inflow and $6.2 billion outflow around the IPO, highlighting intense volatility and rapid ETF-driven trading that could magnify both gains and losses for investors.
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