Today: 10 June 2026
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NYSE:TPR 5 January 2026 - 6 February 2026

Tapestry stock rises again as Coach Tabby bags fuel forecast hike — what TPR investors watch next

Tapestry stock rises again as Coach Tabby bags fuel forecast hike — what TPR investors watch next

Tapestry shares rose 3% to $147.51 Friday morning after the company raised its annual outlook, citing strong Coach sales. Coach revenue jumped 25% to $2.14 billion in the holiday quarter, while Kate Spade sales fell 14%. Tariffs cut about 190 basis points from gross margin. Tapestry set a quarterly dividend of $0.40 per share, payable March 23 to holders as of March 6.
6 February 2026
Tapestry stock jumps after Coach Tabby handbag demand drives earnings beat, outlook hike

Tapestry stock jumps after Coach Tabby handbag demand drives earnings beat, outlook hike

Tapestry Inc shares rose 3.8% to $134.87 after reporting a 14% jump in quarterly sales to $2.50 billion and raising its full-year outlook. Coach revenue surged 25% while Kate Spade sales fell 14%. The company now expects fiscal 2026 revenue above $7.75 billion and plans $1.5 billion in shareholder returns. The stock earlier jumped nearly 9% before paring gains.
Wall Street’s buyback boom: GM, Southwest and Tapestry headline 2026’s share-repurchase trade

Wall Street’s buyback boom: GM, Southwest and Tapestry headline 2026’s share-repurchase trade

General Motors, Southwest Airlines, and Tapestry posted buyback yields above 10% after repurchasing $8.2 billion, $2.75 billion, and $2.8 billion in stock in 2025, MarketBeat reported Monday. S&P 500 companies bought back a record $1.02 trillion of stock in the 12 months through September, according to S&P Dow Jones Indices. Investors are watching if companies can sustain repurchases without hurting investment.

Stock Market Today

  • Goldman Sachs Doubles Micron Price Target but Maintains Neutral Rating as Shares Drop
    June 9, 2026, 8:50 PM EDT. Micron Technology Inc (MU) shares fell 2% in after-hours trading following Goldman Sachs' move to double its price target to $900 from $400, while maintaining a Neutral rating. The new target suggests a potential 4% downside from Tuesday's close despite strong demand for high-bandwidth memory (HBM) chips fueled by AI data centers. Goldman analyst James Schneider cites tight supply-demand dynamics through 2027 but notes investor bullishness already prices in long-term contracts. Micron is set to report fiscal Q3 2026 results on June 24 with Wall Street forecasting $34 billion revenue and $19.47 adjusted EPS. UBS provides a more bullish outlook, expecting $36 billion revenue and $20.96 EPS, driven by rising pricing, and maintains a Buy rating with a $1,620 price target.

Latest articles

Nasdaq Sees More Moves After Hours Following U.S. Strike on Iran

Nasdaq Sees More Moves After Hours Following U.S. Strike on Iran

10 June 2026
U.S. stock futures fell after hours and oil rose as U.S. strikes on Iran fueled risk-off sentiment, deepening losses in tech shares and raising investor caution ahead of Wednesday’s key inflation report, with fears of Fed rate hikes and volatility from the upcoming SpaceX IPO adding pressure.
Keel Slides After $458 Million AI Data-Center Debt Deal Launch

Keel Slides After $458 Million AI Data-Center Debt Deal Launch

10 June 2026
Keel Infrastructure shares plunged 4.24% to $5.42 after closing a $458 million convertible debt sale, reviving investor fears of future dilution even as the company boosts funding for AI-focused data-center projects; shares slipped further to $5.32 after hours on more than double average volume, reflecting concerns over execution risks and the impact of new financing.
Super Micro sinks after $7B AI server plan; dilution a risk

Super Micro sinks after $7B AI server plan; dilution a risk

10 June 2026
Super Micro Computer plans to raise $7 billion through equity and equity-linked financing to fund soaring AI server orders, sending shares down about 9% in after-hours trading as investors focused on dilution risk; the company reported $39 billion in recent AI server orders, but noted these are not firm commitments and cited ongoing legal and regulatory risks.
American Airlines Stock Rises on Google Fuel Deal, Market Watches for Fuel Shock

American Airlines Stock Rises on Google Fuel Deal, Market Watches for Fuel Shock

10 June 2026
American Airlines surged to $14.09, up 48.5 cents, after announcing a three-year sustainable aviation fuel deal with Google covering 35 million gallons, as investors focused on surging fuel costs that jumped 78% in April to $6.5 billion; the stock rose in line with airline peers amid a drop in crude prices, while American’s 2026 outlook remains pressured by higher fuel expenses and a narrowed profit forecast.
Nokia Drops 7% After Nvidia 6G Chatter Hits AI Stocks

Nokia Drops 7% After Nvidia 6G Chatter Hits AI Stocks

10 June 2026
Nokia shares plunged 6.99% to 11.970 euros in Helsinki after reports of Nvidia’s push into future mobile-network tech raised fears over Nokia’s AI-driven growth story, with investors questioning whether Nokia can maintain its edge as competition intensifies and its forward P/E more than doubles this year.
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