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NASDAQ:RMD 10 January 2026

AbbVie stock slips after $1.3 billion R&D charge and Revolution Medicines rumor — what investors watch next

AbbVie stock slips after $1.3 billion R&D charge and Revolution Medicines rumor — what investors watch next

AbbVie shares fell 1.8% to $220.08 after the company cut its 2025 earnings forecast and denied takeover talks with Revolution Medicines. AbbVie now expects Q4 adjusted EPS of $2.61–$2.65, down from $3.32–$3.36, and full-year EPS of $9.90–$9.94. The company cited $1.265 billion in R&D and milestone charges. AbbVie said its fourth-quarter results are preliminary.
10 January 2026
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Stock Market Today

  • Shell Investment Narrative Shifts Amid Mixed Analyst Valuations and Operational Updates
    May 21, 2026, 3:53 PM EDT. Shell (LSE:SHEL) sees a mixed analyst response as its fair value estimate rises to £38.17 from £37.02. Bullish upgrades cite 6% higher net income forecasts post-ARC Resources acquisition, with Jefferies and HSBC raising targets reflecting improved cash flow and upstream growth visibility. Conversely, Morgan Stanley, BNP Paribas, and others express caution over execution risk and commodity volatility, issuing downgrades. Operational challenges include a force majeure declaration on LNG contracts due to Qatar production shutdowns. Shell repurchased 270 million shares worth over US$10 billion in the latest buyback program, underpinning shareholder returns. Market watchers should balance stronger cash projections against ongoing commodity and macro risks amid geopolitical uncertainties.

Latest articles

RBC Stock Heads Toward Earnings With Tougher Weeks Ahead

RBC Stock Heads Toward Earnings With Tougher Weeks Ahead

21 May 2026
Royal Bank of Canada shares climbed 1.46% to C$261.09 in Toronto Thursday, outpacing the S&P/TSX Composite ahead of its May 28 earnings release. Visible Alpha estimates see net income up 19% to C$5.4 billion. Analyst calls diverged, with BofA raising its price target and Raymond James downgrading the stock to neutral. RBC shares have gained nearly 49% over the past year.
Sandisk Stock Jumps Again as AI Demand Fuels Memory Squeeze

Sandisk Stock Jumps Again as AI Demand Fuels Memory Squeeze

21 May 2026
Sandisk shares surged about 10% Thursday, trading at $1,533.00 by 2:52 p.m. EDT after management said NAND flash supply would stay tight. Citi raised its price target to $2,025. Western Digital and Micron also gained. Sandisk reported fiscal Q3 revenue of $5.95 billion, up 97% sequentially, with net income of $3.62 billion.
Spotify jumps after Universal AI deal, 2030 outlook

Spotify jumps after Universal AI deal, 2030 outlook

21 May 2026
Spotify shares rose 13.5% to $491.92 Thursday after announcing a new AI music licensing deal with Universal Music Group and unveiling growth targets at its investor day in New York. The company projected mid-teens annual revenue growth through 2030, gross margin of 35–40%, and operating margin above 20%. Spotify reported 761 million monthly active users in April.
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