Today: 20 May 2026
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NASDAQ:PAYC 10 July 2025 - 28 March 2026

Paycom Stock Slides 5% as Software Selloff Intensifies, 2026 Growth Worries Linger

Paycom Stock Slides 5% as Software Selloff Intensifies, 2026 Growth Worries Linger

Paycom Software shares dropped 4.85% to $117.06 on Friday, outpacing declines in the S&P 500 and Nasdaq. The selloff followed last month’s weak 2026 revenue outlook, which remains below analyst forecasts. Director Archana Vemulapalli will leave the board March 31, according to an SEC filing. Paycom’s market value closed at about $12.0 billion.
Lumentum Holdings Stock Jumps as S&P 500 Addition Extends Nvidia-Linked AI Optics Rally (News Release Archive)

Lumentum Holdings Stock Jumps as S&P 500 Addition Extends Nvidia-Linked AI Optics Rally (News Release Archive)

Lumentum shares rose 10.6% to $617.81 in New York trading after S&P Dow Jones Indices said it will add the company to the S&P 500 on March 23. The move follows Nvidia’s $2 billion investment and a multiyear purchase agreement announced last week. Peers Coherent and Vertiv also gained. Lumentum reported second-quarter revenue up 65.5% to $665.5 million and forecast third-quarter revenue of up to $830 million.
Global HCM Software Market Update (June–July 2025) – Key Trends, News & Forecasts

Global HCM Software Market Update (June–July 2025) – Key Trends, News & Forecasts

The global HR/HCM and payroll software market is projected to reach $57.8 billion by 2029 and $91.7 billion by 2034, growing about 10% annually. North America holds 36% of revenue, while Asia-Pacific leads in growth at 12% CAGR. The top 10 vendors account for just 10% of 2023 revenue. A surge in AI product launches in mid-2025 prompted a 45% annual growth forecast for AI-powered HR agents.

Stock Market Today

  • Coffee Prices Climb as ICE Inventories Decline and Technical Buying Increases
    May 20, 2026, 8:04 AM EDT. Coffee prices rose sharply on Tuesday, with July arabica up 2.25% and July robusta up 1.18%, driven by technical buying after a three-week selloff pushed prices into oversold territory. Prices are supported by declining Intercontinental Exchange (ICE) inventories, with robusta inventories hitting a two-year low and arabica inventories at a nearly three-month low. However, expectations of a larger Brazilian coffee crop and increased Vietnamese robusta exports are weighing on prices. Brazil's coffee production forecasts for 2026/27 have been revised upward, potentially increasing global supply. Meanwhile, regional export disruptions and rising shipping costs continue to underpin prices. The USDA projects world coffee production will reach a record high in 2025/26, with a decline in arabica output offset by increased robusta production.

Latest articles

CleanSpark Stock Jumps as Wall Street Chases the AI Power Trade

CleanSpark Stock Jumps as Wall Street Chases the AI Power Trade

20 May 2026
CleanSpark shares rose 1.7% to $14.94 in pre-market trading Wednesday after Bernstein rated the stock Outperform with a $24 target, citing the value of miners’ power capacity for AI data centers. CleanSpark holds 1.8 gigawatts under contract and produced 640 bitcoin in April. The company reported fiscal Q2 revenue of $136.4 million, down 24.9% year-over-year, and a net loss of $378.3 million.
Silexion’s Cancer Trial Push Puts Focus on Cash

Silexion’s Cancer Trial Push Puts Focus on Cash

20 May 2026
Silexion reported Israeli clearance and a German filing for its SIL204 pancreatic cancer drug, keeping its Phase 2/3 trial on track for a second-quarter start. The company posted a first-quarter net loss of $2.7 million and held $2.4 million in cash at March 31. Shares closed at 26.9 cents Tuesday after a sharp drop last week. Management warned of “substantial doubt” about ongoing operations without new funding.
CAVA Jumps in Pre-Market After New Traffic Data Update

CAVA Jumps in Pre-Market After New Traffic Data Update

20 May 2026
Cava Group shares rose 6.9% in premarket trading Wednesday after the chain reported a 9.7% jump in same-restaurant sales and beat first-quarter earnings and revenue estimates. Net income fell to $23.6 million from $25.7 million a year earlier. The company opened 20 net new restaurants and raised its 2026 outlook for openings and sales growth. Several analysts raised their price targets following the results.
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