Today: 18 June 2026
Browse Category

NASDAQ:CACC 30 January 2026 - 31 January 2026

Credit Acceptance (CACC) stock jumps after Q4 earnings — buybacks and legal charge in focus for Monday

Credit Acceptance (CACC) stock jumps after Q4 earnings — buybacks and legal charge in focus for Monday

Credit Acceptance shares jumped 10.5% Friday to close at $498.24 after reporting fourth-quarter net income of $122.0 million and revenue of $579.9 million. Operating expenses rose 33.5% year over year, including a $35.8 million legal contingency charge. The company repurchased $191.4 million of stock and ended 2025 with $1.7 billion in cash and credit lines.
31 January 2026
··
Credit Acceptance stock jumps 8% after earnings beat — loan collections back in focus

Credit Acceptance stock jumps 8% after earnings beat — loan collections back in focus

Credit Acceptance shares jumped 8.2% to $488.41 after posting adjusted quarterly EPS of $11.35, beating forecasts. Revenue rose to $579.9 million, but the company reported a moderate decline in forecasted loan collections and repurchased $191.4 million in stock. Net income for the quarter was $122 million. Management flagged weaker loan volumes and a $35.8 million contingent legal loss.
30 January 2026
··

Stock Market Today

  • Apple Shares Rise as CEO Tim Cook Signals Product Price Hikes Amid Chip Cost Pressure
    June 18, 2026, 11:25 AM EDT. Apple Inc. shares rose 0.8% to $298.25 after CEO Tim Cook announced unavoidable product price increases due to rising memory and storage chip costs. The firm's exposure to an AI-driven chip supply crunch is pressuring key inputs like dynamic random-access memory (DRAM), critical for phones and computers. Chip stocks surged with Intel up 7.8% on reports of a possible Apple partnership to design chips in the U.S., and Micron climbing 6.6%. Investors weighed Apple's ability to pass higher costs to customers without hurting demand for iPhones, Macs, and iPads against margin risks. Apple's March-quarter revenue rose 17% to $111.2 billion, supporting buybacks and sustained investor confidence. However, concerns remain as higher prices could slow consumer upgrades amid growing competition and rising component expenses.

Latest articles

Apple Faces Key AI Event, Wall Street Focuses on Siri

Apple shares gain after Cook signals price increases to offset chip pressure

18 June 2026
Apple jumped 0.8% to $298.25 early Thursday after CEO Tim Cook said product price hikes are “unavoidable” due to surging memory and storage-chip costs from AI-driven demand, putting investor focus on Apple’s pricing power and margin risks as chip shortages squeeze the tech sector; Intel rose 7.8%, Micron 6.6%.
IBM’s $15 Billion Move Catches Wall Street’s Eye Ahead of the Open

IBM drops after Accenture outlook, AI control worries hit IT services stocks

18 June 2026
IBM plunged 6.9% to $244.20 after Accenture’s weak sales outlook and IBM’s own AI study raised fresh concerns that customers lack control over AI systems, fueling fears that worries over vendor lock-in and business disruption could slow enterprise AI spending and pressure IBM’s consulting revenues.
QuantumScape Stock Ends Volatile Week Down; Bulls Still Looking for Key Catalyst

QuantumScape stock rises after Honda solid-state battery research deal

18 June 2026
QuantumScape shares jumped 5.7% to $7.29 after Honda R&D agreed to a multi-year solid-state battery research program, giving investors a new automaker validation point, but the company still has no revenue, no disclosed commercial supply timetable, and warns significant production is not expected in the near term.
Go toTop