Today: 19 May 2026
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NYSE:CFG 8 January 2026 - 11 February 2026

LPL Financial (LPLA) stock steadies premarket after 8% drop on Altruist AI tax-planning shock

LPL Financial (LPLA) stock steadies premarket after 8% drop on Altruist AI tax-planning shock

LPL Financial shares hovered near $360.60 in premarket trading Wednesday after plunging 8.3% Tuesday, as Altruist’s new AI tax-planning tool triggered a selloff in brokerage stocks. Raymond James, Charles Schwab, and Ameriprise also dropped sharply. Traders are watching for further declines. Altruist’s Hazel platform can now automate personalized tax strategies for advisers.
Mortgage rates today hold near 6.2% as D.R. Horton stock slides before jobs report

Mortgage rates today hold near 6.2% as D.R. Horton stock slides before jobs report

D.R. Horton shares fell 3.6% premarket after Citizens downgraded the homebuilder, citing aggressive earnings estimates and inventory risks. The average U.S. 30-year fixed mortgage rate edged up to 6.163%. Lennar dropped 2.3% and the iShares U.S. Home Construction ETF lost 2.4%. Traders awaited Friday’s U.S. jobs report, seen as a key driver for rates.

Stock Market Today

  • Equinix (EQIX) Upgraded to Zacks Rank #2 Buy on Rising Earnings Estimates
    May 19, 2026, 1:28 PM EDT. Equinix (EQIX), a data center operator, has been upgraded to Zacks Rank #2 (Buy) due to rising earnings estimates, a key driver for stock prices. This Zacks rating reflects an improved earnings outlook based on consensus EPS (earnings per share) estimates from sell-side analysts. Institutional investors use these earnings trends to assess stock fair value, influencing large share transactions and price movements. For the fiscal year ending December 2026, Equinix is forecast to earn $42.52 per share. The upgrade underscores growing investor confidence in Equinix's business prospects and indicates potential upward momentum for its stock.

Latest articles

Chewy Slides After Consumer Warning

Chewy Slides After Consumer Warning

19 May 2026
Chewy shares fell 7.8% to $19.95 in midday trading Tuesday after CEO Sumit Singh warned of increased consumer spending pressure at a JPMorgan conference. Trading volume topped 10.3 million shares. The drop outpaced declines in the S&P 500 and Nasdaq. Chewy reports fiscal first-quarter results before markets open June 10.
Kroger Shares Trade as Investors Watch Price Cuts

Kroger Shares Trade as Investors Watch Price Cuts

19 May 2026
Kroger shares rose 3.8% to $70.89 in midday trading Tuesday, outpacing gains in Walmart and Costco as Amazon fell. The move extends Monday’s rally, with investors reacting to new CEO Greg Foran’s focus on pricing and store execution. No new earnings were released. Volume reached about 3.54 million shares.
Hut 8 shares fall again as AI infrastructure push grows

Hut 8 shares fall again as AI infrastructure push grows

19 May 2026
Hut 8 shares dropped 5.5% to $90.88 in midday Nasdaq trading Tuesday after the company announced a $16 million investment in water infrastructure for its River Bend AI data center in Louisiana. The project, agreed with West Feliciana Parish, includes a new well and water main, with completion expected in late 2026. Bitcoin prices remained steady near $76,486.
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