Today: 11 June 2026
Browse Category

Stock Market 21 May 2026

RBC Stock Heads Toward Earnings With Tougher Weeks Ahead

RBC Stock Heads Toward Earnings With Tougher Weeks Ahead

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.
Spotify jumps after Universal AI deal, 2030 outlook

Spotify jumps after Universal AI deal, 2030 outlook

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.
Opendoor Shares on the Move Again as Traders Watch Next Steps

Opendoor Shares on the Move Again as Traders Watch Next Steps

Opendoor Technologies shares climbed 4.3% to $4.59 Thursday, with trading volume near 28 million and a market value of about $4.4 billion. The company reported a first-quarter net loss of $173 million on $720 million in revenue, while CEO Kaz Nejatian said Opendoor achieved adjusted EBITDA profitability on a 12-month forward basis as of April 1. U.S. single-family housing starts fell 9% in April. Mortgage rates rose to 6.51%.
21 May 2026
Nebius Shares Surge 15% After $2.6 Billion AI Power Plan Announced

Nebius Shares Surge 15% After $2.6 Billion AI Power Plan Announced

Nebius Group N.V. shares surged 15.6% to $221.72 after announcing a fuel cell power deal with Bloom Energy, securing up to 328 MW of on-site electricity capacity for its AI infrastructure. The agreement could cost Nebius up to $2.6 billion over 10 years. Bloom shares rose 12.2% on the news. Nebius's first-quarter revenue jumped to $399 million from $50.9 million a year earlier.
Sirius XM stock drops after earnings pop fades as traders weigh 2026 cash-flow target

Sirius XM nears highs as traders eye audio plans

Sirius XM shares rose 6.8% to $28.90 by 2:07 p.m. EDT Thursday, outpacing major U.S. indexes. The rally followed CFO Zac Coughlin’s investor conference appearance and news of a renewed multi-year NASCAR broadcast deal. First-quarter subscriber losses were smaller than expected, and revenue topped forecasts. Volume reached 4.8 million shares, with a market value near $9.8 billion.
21 May 2026
KEEL Surges as Investors Back Keel’s AI Data Center Plans

KEEL Surges as Investors Back Keel’s AI Data Center Plans

Keel Infrastructure shares jumped 7.1% to $4.53 Thursday, nearing a 52-week high, as investors bet on its pivot from crypto mining to AI-focused power infrastructure. Trading volume reached 22.31 million shares, below average. The company reported a wider net loss of $145.35 million for the March quarter on lower revenue and warned its transformation faces risks tied to permits, costs, and competition.
SoFi Stock Treads Water as Traders Keep an Eye on Next Move

SoFi Stock Treads Water as Traders Keep an Eye on Next Move

SoFi Technologies shares fell 0.2% to $15.66 in early trading Thursday, underperforming tech peers as investors weighed strong first-quarter results against concerns over rates and credit risk. The company reported record loan originations of $12.2 billion and net income of $166.7 million, but kept its 2026 profit outlook unchanged after April’s earnings, disappointing some analysts.
Micron Beats Market as Samsung Deal Lifts Shares

Micron Beats Market as Samsung Deal Lifts Shares

Micron shares climbed $14.82 to $746.81 on Thursday, outperforming the SMH semiconductor ETF and QQQ, which both fell. The rally followed Samsung’s suspension of a planned 18-day strike by 48,000 union members after a tentative pay deal. Micron’s operations chief said demand continues to outpace supply. Samsung union members will vote on the agreement between May 22 and May 27.
Wall Street Turned to Musk’s SpaceX After Tesla’s Brief Rally

Wall Street Turned to Musk’s SpaceX After Tesla’s Brief Rally

Tesla shares traded near $417 Thursday afternoon, erasing early gains after SpaceX filed for an IPO and disclosed $650 million in purchases from Tesla last year. Tesla invested $2 billion in SpaceX common stock in March and reported $87 million in first-quarter revenue from SpaceX’s Megapack orders. Investors debated whether the SpaceX listing would boost or dilute Tesla’s “Musk ecosystem” premium.
Destiny Tech100 Gains Pre-Market as SpaceX IPO Buzz Mixes With AI Stock Warnings

Destiny Tech100 Gains on IPO Hopes for SpaceX

Destiny Tech100 Inc. shares surged 18.1% to $57.40 midday Thursday after SpaceX’s IPO filing drew attention to the fund’s 14.5% exposure to the rocket company. DXYZ traded at 2.3 times its March 31 net asset value of $24.56. The fund also holds stakes in Anthropic and OpenAI, with cash making up 31.4% of assets. DXYZ remains volatile, still below its May 11 high near $71.
FuelCell Energy Shares Surge Again as AI Data Center Bet Drives Wall Street Action

FuelCell Energy Shares Surge Again as AI Data Center Bet Drives Wall Street Action

FuelCell Energy shares soared 23.5% to $24.98 Thursday, extending a rebound as investors targeted fuel-cell firms amid rising AI data center power demand. The company named John Livingston to its board and set its next earnings call for June 8. Peer stocks Bloom Energy, Plug Power, and Nebius also rallied after Bloom and Nebius announced a 328 MW AI infrastructure fuel-cell deal.
Dow Jones Falls as Bond Yields Signal Trouble for Bulls

Dow 50,000 Watch: Oil, Walmart, Nvidia in Focus

The Dow hovered near 50,000 Thursday as rising oil prices and Treasury yields dampened risk appetite. Brent crude climbed 2.2% to $107.32 a barrel after renewed U.S.-Iran tensions. Walmart shares fell on cautious guidance despite higher sales, while Nvidia’s record results failed to spark a tech rally. The S&P 500 and Nasdaq traded lower in morning action.
Applied Digital’s AI Stock Just Hit a Wall After Its $7.5 Billion Win

Applied Digital Jumps After $7.5B AI Lease

Applied Digital shares climbed 17% Thursday after the company signed a $7.5 billion, 15-year AI data-center lease for its Polaris Forge 3 campus. The deal lifts contracted lease revenue to $31 billion, or $73 billion with renewals. Shares reached $46.42, up $6.90, with volume at 18.7 million. Analysts raised price targets but noted risks around execution and customer concentration.
Ford Shares on the Move as $3.8 Billion Battery Plan Advances

Ford Shares on the Move as $3.8 Billion Battery Plan Advances

Ford shares rose 0.9% to $13.35 Thursday after a filing showed it assumed a $3.805 billion DOE loan for a Kentucky battery plant and ended a $6.6 billion commitment to BlueOval SK. Ford’s membership in BlueOval SK was redeemed, and a subsidiary acquired interests in two Kentucky battery plants. The loan carries a 4.814% rate and requires Ford to keep $4 billion liquidity. Broader markets were weaker.
IREN Stock Jumps Again as Nvidia AI Bet Keeps Buyers Coming Back

IREN Stock Jumps Again as Nvidia AI Bet Keeps Buyers Coming Back

IREN shares jumped 5.7% to $55.71 on Nasdaq Thursday after the company announced a $3.4 billion Nvidia cloud contract and $3.0 billion in convertible-note financing. Trading volume reached about 19.4 million shares, with a market value near $18.6 billion. The gains came as major indexes fell and Nvidia’s stock slipped after earnings. Investors weighed IREN’s AI expansion against dilution and debt risks.
1 70 71 72 73 74 1,540

Stock Market Today

  • Fairfax Financial Holdings (TSX:FFH) Shares Rise Amid Valuation Debate
    June 11, 2026, 5:11 AM EDT. Fairfax Financial Holdings (TSX:FFH) shares rose 1.2% to CA$2,279.69 after gaining 5.1% over the past week, despite a 12.5% year-to-date decline. Long-term returns remain strong, with total shareholder returns of 140.7% over three years and 342.8% over five years. Analysts value Fairfax at CA$2,744.92 per share, suggesting the stock is about 16.9% undervalued. However, forecasts vary widely, with price targets ranging from CA$1,724.45 to CA$3,262.44, reflecting differing views on future earnings, margins, and risks. Challenges include underwriting margin pressure from catastrophe losses and foreign exchange headwinds affecting emerging markets. Investors weigh whether current prices reflect genuine value or priced-in growth prospects.

Latest articles

Oracle Stock Moves Higher as AI Backlog Draws Focus

Oracle shares fall after data center spending outlook hits, even as cloud backlog hits new high

11 June 2026
Oracle shares plunged 8.9% in after-hours trading as investors balked at the company’s plan to raise about $40 billion in debt and equity to fund a massive AI data center buildout, despite record revenue and a $638 billion backlog; free cash flow was negative $23.7 billion in fiscal 2026 as capital spending soared, intensifying concerns over whether AI demand will translate into durable profit.
Nvidia Gets AI Approval From Apple But Shares Stay Flat

Nvidia’s $91 Billion Slide Leaves AI Stocks Facing Pressure

11 June 2026
Nvidia plunged 3.73% to $200.42 as investors questioned whether its $91 billion quarterly revenue outlook can withstand rising rates, inflation, and China export restrictions; the selloff hit AI and semiconductor stocks broadly, despite Nvidia’s record sales, making its next quarter’s results a critical test for sustaining its high valuation.
MoneySimpler Moves Into AI Crypto Trading Bots As Market Fills Up

MoneySimpler Moves Into AI Crypto Trading Bots As Market Fills Up

11 June 2026
MoneySimpler launches an AI-powered trading automation platform integrating crypto, forex, and equities for retail users without coding skills, as competition intensifies over dashboard features and AI capabilities; no audited returns or user data disclosed, leaving adoption and real-world performance uncertain.
Go toTop