Today: 24 June 2026
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NASDAQ:TXG 11 December 2025

10x Genomics (TXG) Stock: Citi Downgrade, AI Partnerships and 2026 Forecast After December 11 Sell-Off

10x Genomics (TXG) Stock: Citi Downgrade, AI Partnerships and 2026 Forecast After December 11 Sell-Off

10x Genomics shares fell over 6% to the mid-$16 range on December 11, 2025, after Citigroup downgraded the stock from Buy to Neutral, maintaining an $18 price target. The company’s market cap stands near $2.2 billion. Despite the drop, shares remain up more than 20% year to date. Analyst consensus now leans Hold, with average 12-month price targets around $15–17.

Stock Market Updates

Qualcomm move tests Street targets after $15B AI data center outlook

Qualcomm move tests Street targets after $15B AI data center outlook

24 June 2026
Qualcomm shares soared over 12% after hours as the company set a $15 billion fiscal 2029 data-center revenue target and $40 billion non-handset chip goal, doubling prior forecasts; the surge followed a regular-session close just below analyst targets and came after news that Microsoft and Meta will use Qualcomm’s new AI chips, with Meta’s next-gen servers powered by its CPU starting in late 2028.
Coeur Mining slides after gold, silver drop leaves cash flow target exposed

Coeur Mining slides after gold, silver drop leaves cash flow target exposed

24 June 2026
Coeur Mining plunged 5.1% to $15.47—about $3.4 billion below its recent market cap—as spot gold and silver prices dropped far below the levels used in Coeur’s bullish 2026 guidance, putting its $2 billion free cash flow target and analyst price estimates at risk just days after joining the S&P MidCap 400.
Snap rally puts Specs AR stake close to half its value

Snap rally puts Specs AR stake close to half its value

24 June 2026
Snap has spent over $3.5 billion—about 46% of its $7.5 billion market value—on Specs AR glasses, now facing pressure as Meta launches $299 AI glasses and Snap’s stock remains down 12% since Specs’ June 16 debut, highlighting investor concerns over high costs, slow adoption, and competition.
Transocean falls as oil drop puts offshore drillers under pressure

Transocean falls as oil drop puts offshore drillers under pressure

24 June 2026
Transocean shares plunged 4.5% to $5.04 as oil prices tumbled, raising risks of slower offshore drilling spending despite recent $185 million contract wins and a $7.1 billion backlog; investors remain focused on the $5.8 billion all-stock Valaris merger, now facing U.S. antitrust scrutiny.
Archer drops ahead of Texas decision, FAA testing remains a concern

Archer drops ahead of Texas decision, FAA testing remains a concern

24 June 2026
Archer Aviation shares dropped 3.8% to $5.05 after three straight declines as investors await Friday’s shareholder vote on moving legal incorporation to Texas, while the company advances its Midnight eVTOL aircraft into Phase 4 FAA certification testing amid ongoing cash burn and projected Q2 adjusted EBITDA loss of $170 million to $200 million.
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