Today: 20 June 2026

Duolingo stock sinks on CFO exit, new finance chief pay package and early Q4 user update

Duolingo stock sinks on CFO exit, new finance chief pay package and early Q4 user update

Duolingo shares fell about 7% Monday after CFO Matt Skaruppa announced his departure, with board member Gillian Munson set to replace him Feb. 23. The company reported a 30% year-over-year jump in daily active users and bookings at or above the top of its forecast for Q4. Munson’s base salary will be $800,000 plus $14 million in stock units. Skaruppa will stay on as an adviser, earning $32,292 a month.
12 January 2026
Teva stock jumps after $500 million Royalty Pharma deal as investors eye JPM update

Teva stock jumps after $500 million Royalty Pharma deal as investors eye JPM update

Teva shares rose about 4% to $33.29 after announcing a funding deal with Royalty Pharma worth up to $500 million for its experimental vitiligo drug. An SEC filing previewed Teva’s 2025 outlook, including projected revenue of $16.8–$17.0 billion and adjusted EBITDA of $4.8–$5.0 billion. Investors await more details at Tuesday’s J.P. Morgan Healthcare Conference.
Moderna (MRNA) stock slips after $1.9B 2025 revenue view and cost cuts — what to watch next

Moderna (MRNA) stock slips after $1.9B 2025 revenue view and cost cuts — what to watch next

Moderna shares fell about 2% to $33.60 early Monday after the company forecast $1.9 billion in 2025 revenue and cut its GAAP operating-expense outlook. CFO James Mock said U.S. retail vaccination rates dropped 26% year-on-year, helping sales hit the low end of forecasts. Moderna expects to end 2025 with about $8.1 billion in cash, including a planned $600 million loan draw. CEO Stéphane Bancel announced a $2 billion annual expense cut for 2025.
12 January 2026
Oracle stock ticks up as Goldman turns bullish; new retail AI supply-chain tool adds focus

Oracle stock ticks up as Goldman turns bullish; new retail AI supply-chain tool adds focus

Oracle shares edged up 0.2% to $198.96 after Goldman Sachs initiated coverage with a Buy rating and $240 target. The stock remains down over 40% since September amid concerns over debt tied to AI data-center expansion. Oracle reported a 438% surge in backlog to $523 billion in Q2. On Sunday, it launched a new retail cloud platform at NRF 2026 in New York.
SNCY stock jumps on Allegiant’s $1.5 billion bid — deal spread, regulators in focus

SNCY stock jumps on Allegiant’s $1.5 billion bid — deal spread, regulators in focus

Sun Country shares jumped nearly 13% after Allegiant agreed to buy the airline in a $1.5 billion cash-and-stock deal. Allegiant shares fell 4% as investors weighed integration risks and deal costs. The offer values Sun Country at $18.89 per share, a 19.8% premium. Traders are watching the antitrust review and fluctuations in Allegiant’s stock, which affect the deal’s final value.
GOOG stock slips as Google’s Gemini adds “buy” checkout with Walmart — what to watch next

GOOG stock slips as Google’s Gemini adds “buy” checkout with Walmart — what to watch next

Alphabet Class C shares fell 0.5% to $327.60 Monday after Google launched new shopping and checkout features for its Gemini app with Walmart and other retailers. The move comes as Google pushes agent-led commerce and unveils a new Universal Commerce Protocol. Broader U.S. markets edged down, with the S&P 500 ETF and Invesco QQQ each slipping 0.1%.
Synchrony Financial stock slides on Trump’s 10% credit-card rate cap push — what to know now

Synchrony Financial stock slides on Trump’s 10% credit-card rate cap push — what to know now

Synchrony Financial shares dropped about 7% to $80.80 Monday after President Donald Trump called for a one-year 10% cap on credit-card interest rates starting Jan. 20. Other credit-card lenders also fell. Trump gave no details on enforcement, and analysts questioned whether the proposal could pass Congress. Investors are watching for any movement as bank earnings season begins.
12 January 2026
Meta stock dips as Zuckerberg taps Dina Powell McCormick as president — what investors watch next

Meta stock dips as Zuckerberg taps Dina Powell McCormick as president — what investors watch next

Meta shares slipped 0.1% to $652.24 after the company named Dina Powell McCormick president and vice chairman. CEO Mark Zuckerberg said she will lead efforts to finance and expand Meta’s AI and infrastructure. Investors remain cautious amid global regulatory pressures and concerns over rising costs. Powell McCormick resigned from Meta’s board weeks earlier.
12 January 2026
Sandisk (SNDK) stock rebounds after early dip as AI memory shortage talk keeps traders buying

Sandisk (SNDK) stock rebounds after early dip as AI memory shortage talk keeps traders buying

Sandisk shares rose 2.9% to $388.33 in early Monday trading after an earlier 5.1% drop, as investors tracked AI-driven storage demand and supply constraints. The stock moved between $358 and $389.35. Investors await Sandisk’s Jan. 29 earnings call for updates on pricing and outlook. Western Digital edged up 0.3%, while Micron slipped 0.5%.
Affirm stock gives up premarket pop after Trump backs 10% credit-card rate cap

Affirm stock gives up premarket pop after Trump backs 10% credit-card rate cap

Affirm shares fell 0.4% to $81.45 Monday after an early spike tied to Trump’s proposed 10% cap on credit-card APRs. The plan briefly boosted buy-now-pay-later stocks but drew skepticism from analysts and lawmakers, who questioned its chances without new legislation. Bank groups warned the cap could restrict credit and shift borrowers to costlier alternatives. Investors watched for further signals from Washington as earnings season began.
12 January 2026
Abercrombie & Fitch stock dives after holiday update trims sales outlook — what investors watch next

Abercrombie & Fitch stock dives after holiday update trims sales outlook — what investors watch next

Abercrombie & Fitch shares fell about 20% Monday after the retailer cut its holiday-quarter outlook and trimmed its full-year sales growth forecast to at least 6%. The company cited higher planned spending and $90 million in tariff costs in its revised guidance. Fourth-quarter net sales are now projected to rise around 5%, below analyst estimates. Capital expenditure targets increased to $245 million.
Tesla stock pops at the open as robotaxi “prove-it year” talk meets earnings countdown

Tesla stock pops at the open as robotaxi “prove-it year” talk meets earnings countdown

Tesla shares rose 2.1% to $445.01 in early New York trading Monday. The company delivered 418,227 vehicles in the fourth quarter, about 1% below analyst estimates, but set a record for energy storage deployments. Rivian, GM, and Ford all traded lower. Tesla is set to report earnings Jan. 28, with investors focused on robotaxi updates and profitability.
Atara Biotherapeutics stock dives on FDA EBVALLO rejection — what ATRA investors watch next

Atara Biotherapeutics stock dives on FDA EBVALLO rejection — what ATRA investors watch next

Atara Biotherapeutics shares fell 56% after the FDA rejected its cell therapy EBVALLO for a rare post-transplant cancer, citing insufficient evidence from the single-arm ALLELE study. The agency said previous manufacturing issues were resolved but requested new efficacy data. Atara and partner Pierre Fabre plan expedited talks with the FDA. The company reported $8.5 million in cash at year-end.
Apple stock ticks higher after iPhone 17 helps Apple top 2025 shipments — what AAPL investors watch next

Apple stock ticks higher after iPhone 17 helps Apple top 2025 shipments — what AAPL investors watch next

Apple shares edged up 0.1% to $259.37 after data showed it led global smartphone shipments in 2025 with a 20% market share, outpacing Samsung and Xiaomi. The Nasdaq opened down 0.40% and the S&P 500 slipped 0.32% amid political pressure on the Fed and a proposed cap on credit-card interest rates. India is weighing stricter smartphone security rules, raising concerns for Apple and other makers.
Intel stock slips after a target raise: why Wall Street still isn’t buying the rally

Intel stock slips after a target raise: why Wall Street still isn’t buying the rally

Intel shares fell 1.8% to $44.73 Monday morning after analysts at Susquehanna and Truist maintained neutral ratings despite raising price targets. The drop followed last week’s rally and came amid broader market weakness. Investors remain cautious, waiting for proof that Intel can land major outside foundry contracts. Supply constraints are expected to persist into the first quarter.
12 January 2026
30,000 Homes Without Water: Major Incident Declared in Kent as South East Water Scrambles

30,000 Homes Without Water: Major Incident Declared in Kent as South East Water Scrambles

Kent County Council declared a major incident after around 30,000 homes in Kent and Sussex lost water or saw severe drops in pressure following burst mains and leaks caused by Storm Goretti and freezing weather. South East Water warned some areas may not see supply restored until Tuesday. Schools closed and bottled water stations saw long lines. Southern Water said supplies in most of Kent remained stable but support was redirected to hardest-hit areas.
12 January 2026

Stock Market Today

  • Anthropic's AI IPO Faces Political and Market Uncertainties
    June 20, 2026, 7:18 AM EDT. Anthropic, an artificial intelligence startup, eyes a major initial public offering (IPO) but faces challenges beyond market conditions. The company's prospects are increasingly tied to political developments, highlighting how regulation and policy decisions can impact tech IPOs. This underscores growing concerns that government actions may shape investor sentiment and ultimately affect the success of high-profile AI offerings. With AI's rising prominence, the intersection of politics and markets is becoming a critical factor for investors and companies alike.

Latest articles

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 20.06.2026

20 June 2026
LIVEMarkets rolling coverageStarted: June 20, 2026, 4:00 AM EDTUpdated: June 20, 2026, 7:20 AM EDT Anthropic's AI IPO Faces Political and Market Uncertainties June 20, 2026, 7:18 AM EDT. Anthropic, an artificial intelligence startup, eyes a major initial public offering (IPO) but faces challenges beyond market conditions. The company’s prospects are increasingly tied to political developments, highlighting how regulation and policy decisions can impact tech IPOs. This underscores growing concerns that government actions may shape investor sentiment and ultimately affect the success of high-profile AI offerings. With AI’s rising prominence, the intersection of politics and markets is becoming a critical
JBS shutdowns put pressure on U.S. beef as cattle prices rise

JBS shutdowns put pressure on U.S. beef as cattle prices rise

20 June 2026
JBS USA will close its Souderton, PA, and Memphis, TN, meat plants on August 14, cutting 1,693 jobs as tight cattle supplies drive negative U.S. beef margins; USDA data show beef prices up 14.8% year-over-year and forecast to rise another 12.1% in 2026, signaling ongoing cost pressure for packers and consumers.
TSMC Leads Nvidia in Short Week Chip Gains

TSMC Leads Nvidia in Short Week Chip Gains

20 June 2026
TSMC’s U.S.-listed shares soared 6.9% to $462.12, outpacing Nvidia’s 3.0% gain, as investors favored broad chip manufacturing exposure after an interim U.S.-Iran deal eased inflation fears and Taiwan’s central bank raised its 2026 economic-growth forecast to 9.45% on AI-driven semiconductor demand.
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