Today: 20 June 2026

Sandisk stock surges 23% as Nvidia CES update puts AI data-center storage back in play

Sandisk stock surges 23% as Nvidia CES update puts AI data-center storage back in play

Sandisk shares surged 23.4% to $338.26 in midday trading Tuesday, leading gains in storage and memory stocks after the company unveiled its new “Optimus” SSD brand at CES. Nvidia highlighted rising AI demand for context memory, announcing its Inference Context Memory Storage Platform and next-generation Vera Rubin system. Micron, Western Digital, and Seagate also posted strong advances.
6 January 2026
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Lumentum stock whipsaws as accounting chief retirement, Feb. 3 earnings date draw focus

Lumentum stock whipsaws as accounting chief retirement, Feb. 3 earnings date draw focus

Lumentum Holdings shares rose 5.2% to $375.69 in Nasdaq midday trading Tuesday after swinging between $340.46 and $377.65. The company said Chief Accounting Officer Matthew Sepe will retire after the Feb. 6 filing of its quarterly report, with Eric Chang named as successor. About 3.1 million shares traded by midday. Lumentum will release fiscal second-quarter results on Feb. 3.
6 January 2026
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CoreWeave stock falls as Truist starts CRWV at Hold; Nvidia Rubin plan sharpens focus on AI capex

CoreWeave stock falls as Truist starts CRWV at Hold; Nvidia Rubin plan sharpens focus on AI capex

CoreWeave shares dropped 3.5% to $74.15 midday Tuesday after Truist Securities began coverage with a Hold rating and $84 target, citing high leverage and capital spending. The company said it will add Nvidia’s Rubin platform in late 2026. D.A. Davidson upgraded the stock a day earlier but warned of risks tied to heavy outlays and uncertain returns.
6 January 2026
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Walmart stock ticks up after Mizuho lifts target as jobs data looms

Walmart stock ticks up after Mizuho lifts target as jobs data looms

Walmart shares rose 0.2% to $112.97 midday Tuesday after Mizuho raised its price target to $125, citing resilient spending despite “strained consumer sentiment.” The stock remains about 4% below its 52-week high. Investors await Friday’s U.S. payrolls report and Walmart’s Feb. 19 earnings. John Furner will become CEO on Feb. 1, succeeding Doug McMillon.
6 January 2026
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MercadoLibre stock extends surge as Venezuela headlines keep MELI in play

MercadoLibre stock extends surge as Venezuela headlines keep MELI in play

MercadoLibre shares rose 3.3% to $2,219.87 Tuesday, building on Monday’s 8.8% surge as traders cited Venezuela-driven “risk-on” flows. The stock traded within a $2,138–$2,240 range and remains about 16% below its 52-week high. Investors are watching for U.S. signals on Venezuela and MercadoLibre’s late-February earnings. Venezuela-linked assets and bonds stayed volatile amid hopes for political change.
6 January 2026
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Wave Life Sciences stock jumps 17% as obesity gene-silencing race heats up

Wave Life Sciences stock jumps 17% as obesity gene-silencing race heats up

Wave Life Sciences shares surged 17.2% to $17.58 Tuesday on heavy volume, after new data from Arrowhead Pharmaceuticals showed weight loss benefits from RNAi obesity drugs. Wave is developing a similar therapy, WVE-007, targeting the same gene. The company recently raised $402.5 million in a public offering. Investors await further trial results expected in early 2026.
6 January 2026
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Sandisk stock jumps 22% today as CES Optimus SSD rebrand and rising NAND price forecasts lift SNDK

Sandisk stock jumps 22% today as CES Optimus SSD rebrand and rising NAND price forecasts lift SNDK

Sandisk shares surged over 22% Tuesday, hitting a 52-week high of $343 after the company unveiled its “Sandisk Optimus” SSD branding at CES 2026. About 12.9 million shares changed hands by 11:05 a.m. ET. TrendForce expects NAND flash contract prices to rise up to 38% in the first quarter. Sandisk completed its split from Western Digital in February 2025.
6 January 2026
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Sandisk stock jumps 24% as AI storage demand and memory-price surge lift chip names

Sandisk stock jumps 24% as AI storage demand and memory-price surge lift chip names

Sandisk shares surged 24% to $339.20 Tuesday, hitting a record $342.81 amid heavy trading tied to AI-driven demand for memory and storage. The move followed Sandisk’s launch of its Optimus SSD brand and comes ahead of key earnings updates from Samsung on Thursday and Sandisk on Jan. 29. Western Digital, Micron, and Seagate also posted strong gains.
6 January 2026
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Stock Market Today

  • TD Cowen Confirms Hold Rating on Banco Bradesco S.A. Despite Undervaluation
    June 20, 2026, 3:53 PM EDT. TD Cowen maintained a Hold rating on Banco Bradesco S.A. (NYSE:BBD) following its fiscal Q1 2026 earnings release. The Brazilian bank reported R$36.9 billion in revenue, below estimates, causing a 6.4% stock decline. However, its loan portfolio grew 8.4% year-over-year to R$1.09 trillion, driven by secured lending. Banco Bradesco trades at a forward price-to-earnings (P/E) ratio of 6.7, below the sector average of 11, suggesting undervaluation. Analysts forecast over 31% upside in the next 12 months. Management maintains its 2026 guidance with expected loan growth of 9.5% and risk-adjusted net interest income growth of 12.5%. Investors are advised to weigh this against higher-upside, lower-risk AI stock opportunities amid broader market trends.

Latest articles

Robinhood Gains for Week as Layoffs, Trading Volumes Boost Shares

Robinhood Gains for Week as Layoffs, Trading Volumes Boost Shares

20 June 2026
Robinhood soared 16% in a holiday-shortened week after announcing a 10% workforce cut and $28 million in restructuring charges, as investors viewed the move as cost control amid record June trading volumes; risks remain from competition and potential disruption, according to SEC filings and Reuters.
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