Today: 11 June 2026
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Stock Market 20 May 2026

Carnival stock price drops more than 6% as oil tops $100, dragging CCL and CUK lower

Carnival Shares Rise as Dividend Returns, Fuel Exposure in View

Carnival Corporation shares rose 0.8% to $24.07 in early New York trading Wednesday, rebounding after a 4.09% drop Tuesday. The company recently unified its U.S.-U.K. structure into a single Bermuda-registered entity and declared a 15-cent quarterly dividend, with the record date on May 18. Carnival reported record Q1 revenue of $6.2 billion and bookings for 2026 up by double digits.
Mister Car Wash Drops Off Nasdaq After $3.1 Billion Buyout

Mister Car Wash Drops Off Nasdaq After $3.1 Billion Buyout

Mister Car Wash has completed its $3.1 billion sale to Leonard Green & Partners, ending its Nasdaq listing. Shares were bought for $7.00 each in cash, with trading halted and delisting underway. The company reported Q1 net revenue up 6% to $277.9 million and Unlimited Wash Club memberships up 11% to 2.5 million. A $900 million term loan was added to help fund the deal.
20 May 2026
POET Technologies Jumps After $400M AI Photonics Raise, Dilution Questions Linger

POET Technologies Jumps After $400M AI Photonics Raise, Dilution Questions Linger

POET Technologies shares rose 11% to $14.55 in early Nasdaq trading Wednesday after closing a US$400 million direct offering of 19 million shares and warrants. The rebound followed an 8% drop Tuesday on dilution concerns. The company reported Q1 revenue of $503,389 and a net loss of $12.3 million. A recent $50 million order from Lumilens could scale to $500 million over five years if production ramps up.
Apellis Shares Disappear After Biogen’s $5.6 Billion Buy—One Play Left

Apellis Shares Disappear After Biogen’s $5.6 Billion Buy—One Play Left

Biogen completed its acquisition of Apellis Pharmaceuticals, removing APLS shares from Nasdaq and paying investors $41 per share plus a contingent value right tied to Syfovre sales. Apellis shareholders tendered 82.4% of outstanding stock before the offer expired May 13. Biogen shares rose 0.9% to $192.34 Wednesday. The CVR could pay up to $4 if Syfovre meets future sales targets.
AmpliTech Jumps on 5G Win, Eyes North America Sales

AmpliTech Jumps on 5G Win, Eyes North America Sales

AmpliTech received U.S. and Canadian certification for its full indoor 5G Native DAS hardware, enabling immediate commercial sales and integration across North America. Shares rose about 14% in premarket trading after the announcement. The company said it has orders from a North American mobile network operator, with shipments set to begin later this year.
Intuit’s Q3 Numbers Land as Shares Down 39%

Intuit’s Q3 Numbers Land as Shares Down 39%

Intuit will report fiscal third-quarter results after U.S. markets close Wednesday, following a 39% stock drop over the past year. Analysts expect earnings of $12.57 per share on $8.54 billion revenue, both up from last year. The quarter covers peak tax season for TurboTax and QuickBooks. Intuit shares closed at $399.71 Tuesday, down 0.9%.
NextNRG Shares Double as Record April Sales Drive Gains

NextNRG Shares Double as Record April Sales Drive Gains

NextNRG Inc. shares fell to $0.73 in premarket trading Wednesday after doubling Tuesday, as investors reacted to record April revenue of $9.4 million and a 64% jump in gross profit. The company reported just $208,048 in cash at March 31 and is seeking new capital. Net loss for the first quarter widened to $10.8 million despite higher sales. Results are preliminary and unaudited.
Hasbro’s Magic Keeps Wall Street Looking at the Stock

Hasbro’s Magic Keeps Wall Street Looking at the Stock

Hasbro reported first-quarter revenue of $1 billion, beating estimates, with adjusted earnings per share at $1.47. Magic: The Gathering drove a 26% jump in Wizards and Digital Gaming revenue. Operating profit rose 58% to $270 million. The company maintained its 2026 outlook but cited ongoing risks from cyber costs and tariffs.
20 May 2026
VF Stock Moves Higher After Company Says Growth Is Returning

VF Stock Moves Higher After Company Says Growth Is Returning

VF Corp reported its first full-year revenue growth in three years, with fourth-quarter revenue rising to $2.17 billion, beating Wall Street estimates. Adjusted earnings were break-even. The company reinstated annual guidance for fiscal 2027 and kept its dividend at 9 cents a share. Shares rose 8.2% premarket to $18.11.
20 May 2026
Lowe’s Beat Wall Street. Why Investors Still Sold the Stock

Lowe’s Beat Wall Street. Why Investors Still Sold the Stock

Lowe’s posted quarterly sales of $23.08 billion and adjusted earnings of $3.03 per share, both above analyst estimates, but shares fell 3% premarket as investors focused on weak U.S. housing trends. Comparable sales rose 0.6%, driven by online growth and contractor demand. The company kept its 2026 outlook unchanged. U.S. mortgage rates climbed to 6.56% last week, weighing on home sales and renovations.
20 May 2026
CleanSpark Stock Jumps as Wall Street Chases the AI Power Trade

CleanSpark Stock Jumps as Wall Street Chases the AI Power Trade

CleanSpark shares rose 1.7% to $14.94 in pre-market trading Wednesday after Bernstein rated the stock Outperform with a $24 target, citing the value of miners’ power capacity for AI data centers. CleanSpark holds 1.8 gigawatts under contract and produced 640 bitcoin in April. The company reported fiscal Q2 revenue of $136.4 million, down 24.9% year-over-year, and a net loss of $378.3 million.
Silexion’s Cancer Trial Push Puts Focus on Cash

Silexion’s Cancer Trial Push Puts Focus on Cash

Silexion reported Israeli clearance and a German filing for its SIL204 pancreatic cancer drug, keeping its Phase 2/3 trial on track for a second-quarter start. The company posted a first-quarter net loss of $2.7 million and held $2.4 million in cash at March 31. Shares closed at 26.9 cents Tuesday after a sharp drop last week. Management warned of “substantial doubt” about ongoing operations without new funding.
CAVA Jumps in Pre-Market After New Traffic Data Update

CAVA Jumps in Pre-Market After New Traffic Data Update

Cava Group shares rose 6.9% in premarket trading Wednesday after the chain reported a 9.7% jump in same-restaurant sales and beat first-quarter earnings and revenue estimates. Net income fell to $23.6 million from $25.7 million a year earlier. The company opened 20 net new restaurants and raised its 2026 outlook for openings and sales growth. Several analysts raised their price targets following the results.
AEP Restores San Angelo Outage as Texas Grid Worries Continue

AEP Restores San Angelo Outage as Texas Grid Worries Continue

AEP Texas restored power to nearly all Tom Green County customers early Wednesday after a substation equipment failure cut service to about 7,800 in San Angelo Tuesday, local reports said. The outage came as parent company American Electric Power faces scrutiny over surging Texas demand and a $78 billion capital plan. Fewer than five customers remained without power by 6 a.m. CDT, according to the utility’s outage map.
20 May 2026
Target’s Turnaround Finally Has Numbers Wall Street Can’t Ignore

Target’s Turnaround Finally Has Numbers Wall Street Can’t Ignore

Target raised its annual sales forecast after first-quarter net sales rose 6.7% to $25.44 billion, ending a three-year revenue slide. Comparable sales increased 5.6%, with digital up 8.9%. Profit fell to $781 million from $1.04 billion a year earlier. New CEO Michael Fiddelke cited progress but maintained a cautious outlook amid ongoing investment and price cuts.
20 May 2026
InMed Pharmaceuticals (INM) Stock Doubled on Mentari Merger — Why the Rally Is Already Being Tested

InMed Pharmaceuticals (INM) Stock Doubled on Mentari Merger — Why the Rally Is Already Being Tested

InMed Pharmaceuticals shares fell 14.4% to $1.37 in early pre-market trading Wednesday, after surging 135% Tuesday on news of an all-stock merger with Mentari Therapeutics and a planned $290 million private placement. Pre-merger InMed shareholders are expected to own about 1.51% of the combined company, which will operate as Mentari Therapeutics and focus on migraine drug development.
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Stock Market Today

  • AT&T Stock Holds Gains Near $23 as Fiber Expansion and Buyback Plans Drive Investor Focus
    June 11, 2026, 9:00 AM EDT. AT&T shares steadied near $23 following a 2.2% rise, outperforming broader market declines. Investors are eyeing the company's reiterated 2026 outlook and a second-quarter free cash flow forecast of $4.0-$4.5 billion. AT&T emphasized growth in fiber and wireless services, capital expenditure of $23-$24 billion this year, and plans for dividends and buybacks. CFO Pascal Desroches highlighted investments targeting future bandwidth demands driven by AI, autonomous vehicles, and smart devices. The firm's Q1 results showed 584,000 new advanced internet customers, supporting its strategy to boost 'converged' service bundles that enhance customer loyalty and value.

Latest articles

Diesel Slips Again; Truckers Worry About What’s Next

Diesel Slips Again; Truckers Worry About What’s Next

11 June 2026
U.S. retail diesel prices dropped for the fifth straight week to $5.210 a gallon, down 14 cents but still $1.739 higher than last year, as crude and distillate inventories fell and traders warned that supply remains tight, raising risks that the recent price relief for freight and agriculture could reverse quickly.
D-Wave Tumbles 50%: QBTS Investors Confront Valuation

D-Wave Tumbles 50%: QBTS Investors Confront Valuation

11 June 2026
D-Wave Quantum shares plunged nearly 9% to $23.25—half their 52-week high—as investors question whether soaring bookings, up 1,994% to $33.4 million, can offset an 81% revenue drop and a $8.84 billion market cap against $12.4 million in trailing revenue; B. Riley raised its price target to $40, but the stock remains volatile amid sector-wide profit-taking and doubts over commercial adoption.
Nu Holdings stock steadies after $1 billion buyback move

Nu Holdings stock steadies after $1 billion buyback move

11 June 2026
Nu Holdings remains near its 52-week low despite a newly approved $1 billion share buyback, as analyst downgrades cite margin pressure, rising credit costs, and a CFO transition; investors are watching if the buyback can offset concerns after non-performing loans rose to 5% and credit loss allowances jumped 33% last quarter.
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