Today: 21 May 2026
FTSE 100 Slips Today as BT, Sage and Oil Risks Put London Stocks on Edge
21 May 2026

FTSE 100 Slips Today as BT, Sage and Oil Risks Put London Stocks on Edge

FTSE 100 fell 0.34% to 10,396.72 in early London trading, reversing part of Wednesday’s rally. BT reported flat core earnings at £8.2 billion as fibre demand offset a 3% revenue drop. Sage lifted its FY26 revenue outlook after first-half revenue rose 11%. easyJet posted a £552 million loss and warned of uncertainty due to higher fuel costs and weaker bookings.
Xanadu Jumps 20% After Quantum Selloff, Filing Remains Over XNDU

Xanadu Jumps 20% After Quantum Selloff, Filing Remains Over XNDU

20 May 2026
Xanadu Quantum Technologies’ shares surged 20.4% to $14.13 Wednesday, rebounding after a sharp May decline. The company reported Q1 revenue of $2.83 million and a net loss of $20.6 million, with 43.3 million Class B shares outstanding and a prospectus covering up to 293.7 million more. Other quantum stocks also rose. Xanadu is in talks for up to $285 million in Canadian government support.
UiPath Shares Tick Up Ahead of Earnings as AI Cloud Watch Continues

UiPath Shares Tick Up Ahead of Earnings as AI Cloud Watch Continues

UiPath shares rose about 1% to $10.65 Wednesday as tech stocks rebounded ahead of Nvidia’s earnings. The company announced the launch of Automation Cloud on Microsoft Azure in South Korea and reported the death of board member S. “Soma” Somasegar on May 19. UiPath’s next earnings call is set for May 28. Trading volume reached 24.3 million shares.
AMD Shares Jump as Market Moves on AI Server Demand

AMD Shares Jump as Market Moves on AI Server Demand

AMD shares jumped 7.3% to $444.24 Wednesday in New York, rebounding with the chip sector ahead of Nvidia’s quarterly results. The rally followed bullish analyst price target hikes and renewed focus on AI server demand. Trading volume reached 23.5 million shares. AMD reported Q1 revenue up 38% to $10.3 billion, with data center sales rising 57% on strong server chip demand.
Rivian Stock Pops as R2 Ramp Gives Traders a New Reason to Look Again

Rivian Stock Pops as R2 Ramp Gives Traders a New Reason to Look Again

Rivian shares climbed 4.4% Wednesday to $13.465 after a production update on its new R2 SUV from the Illinois plant, where the first R2 rolled out in April. The company expects to build up to 155,000 R2s a year when fully scaled. Rivian reported Q1 revenue of $1.381 billion and a net loss, with negative free cash flow of $1.075 billion. CEO RJ Scaringe said R2 production is ramping up and hiring is underway.
Navitas Stock Is Surging Again—The AI Power-Chip Bet Now Has to Prove It Can Sell

Navitas Stock Is Surging Again—The AI Power-Chip Bet Now Has to Prove It Can Sell

Navitas Semiconductor shares surged over 15% Wednesday, trading near $22.49 with volume topping 25 million ahead of Nvidia’s earnings. The company reported Q1 revenue of $8.6 million and a GAAP operating loss of $27.8 million, and recently raised $122 million through an at-the-market share sale. Navitas expects Q2 revenue of around $10 million. The Philadelphia Semiconductor Index climbed 3.65% as chip stocks rallied.
NIO Drops Ahead of Earnings With $5 EV Stock in Focus

NIO Drops Ahead of Earnings With $5 EV Stock in Focus

NIO’s U.S.-listed shares fell 2.9% to $5.58 Wednesday, underperforming a rising market ahead of its first-quarter earnings report due Thursday morning. Options traders expect an 8% swing after results, with forecasts for a loss of 8 cents per share on $3.70 billion revenue. NIO delivered 83,465 vehicles in Q1, nearly doubling from a year earlier, but April deliveries slowed from March.
IREN Stock Surges as Nvidia Fever Returns — But the AI Cloud Bet Has a Catch

IREN Stock Surges as Nvidia Fever Returns — But the AI Cloud Bet Has a Catch

IREN Limited shares rose 9.4% to $52.23 on Wednesday, trading over 23 million shares as investors awaited Nvidia’s earnings. IREN recently signed a $3.4 billion AI cloud contract with Nvidia and closed a $3 billion convertible-note offering. The company reported a quarterly net loss of $247.8 million on revenue of $144.8 million, down from the prior quarter.
Grab shares edge lower after Superbank shift

Grab shares edge lower after Superbank shift

Grab Holdings shares fell 1% to $3.465 on Wednesday, extending a year-to-date drop of over 30%, after announcing it will consolidate Indonesia’s Superbank into its accounts. The move gives Grab majority control of the digital bank, which has over 6 million customers and 24 trillion rupiah in assets. Grab’s Q1 revenue rose 24% to $955 million, but analysts trimmed price targets despite maintaining positive ratings. Competitor GoTo posted its first quarterly net profit in April.
Super Micro Stock Gains Almost 10% With SMCI Up in AI-Server Rally

Super Micro Stock Gains Almost 10% With SMCI Up in AI-Server Rally

Super Micro Computer shares rose 9.3% to $33.40 midday Wednesday, outpacing Nvidia and other AI hardware stocks ahead of Nvidia’s earnings. The company recently reported fiscal Q3 sales of $10.2 billion, missing estimates, but issued a stronger-than-expected Q4 forecast. Senior sales executive Don Clegg retired May 15 and will consult for six months. Wall Street indexes climbed as chip stocks rallied.

Ondas Stock Is Moving Again After a $199 Million AI Defense Deal — What Investors Missed

Ondas Stock Is Moving Again After a $199 Million AI Defense Deal — What Investors Missed

Ondas Inc. shares climbed 3.3% to $9.43 midday Wednesday after the company agreed to acquire Israeli defense software firm Omnisys for $199 million in stock, plus up to $60 million in earn-outs. The deal, expected to close in the second quarter pending approvals, would add Omnisys’ real-time defense resource software to Ondas’ portfolio. Trading volume reached 22 million shares. Peers in the defense sector also saw gains.
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.
Bolt CEO Points to HR Firings as Solution, Details Aftermath

Bolt CEO Points to HR Firings as Solution, Details Aftermath

20 May 2026
Bolt CEO Ryan Breslow defended cutting the company’s HR department at Fortune’s Workplace Innovation Summit, saying it had “created problems that didn’t exist.” The move follows Bolt’s April layoffs of about 30% of staff as it pivots to AI and a consumer finance app. Breslow said Bolt is “back in startup mode” and replaced HR with a smaller people operations team. Bolt was once valued at $11 billion.
Micron Stock Just Dodged the Nasdaq Selloff. A Samsung Strike Could Be Its Next Jolt

Micron Stock Just Dodged the Nasdaq Selloff. A Samsung Strike Could Be Its Next Jolt

Micron Technology shares rose 2.5% Tuesday to $698.74, lifting its market value near $798 billion as the Nasdaq fell. Analysts cited tight memory supply and strong DRAM and NAND pricing. A planned strike by 48,000 Samsung workers Thursday could disrupt global memory supply, potentially raising prices. Micron recently sampled 256GB DDR5 server modules to partners.

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Arm Stock Shock: AI Chip Bet Sends Shares Toward New Highs Before Nasdaq Open

Arm Stock Shock: AI Chip Bet Sends Shares Toward New Highs Before Nasdaq Open

Arm Holdings shares closed Wednesday at $256.73, up 15.05%, after Bernstein’s David Dai initiated coverage with an outperform rating and a $300 target, citing rising demand for server CPUs driven by agentic AI. The stock touched $259.44 during regular trading. U.S. markets were open; May 21 is not a listed exchange holiday. Arm’s AGI CPU has over $2 billion in expected demand for fiscal 2027 and 2028.
HMRC pay code error could cut UK take-home, warns tax accountants

HMRC pay code error could cut UK take-home, warns tax accountants

Hundreds of Zopa customers and potentially thousands of UK savers have had tax codes changed after HMRC used incorrect savings-interest data, including wrongly treating tax-free ISA interest as taxable. Some savers saw pay drop or overpaid tax before errors were fixed. HMRC said affected taxpayers should contact the agency if their records are wrong.
21 May
EasyJet Share Price Alert: Fuel Shock Puts Summer Rebound Under Pressure

EasyJet Share Price Alert: Fuel Shock Puts Summer Rebound Under Pressure

EasyJet shares fell 0.6% to 344.9 pence in early London trading after the airline posted a £552 million first-half loss and warned of an uncertain full-year outlook due to higher fuel costs and weaker summer bookings. The company is 72% hedged on fuel but remains exposed to spot prices, which have surged after the Iran conflict. Bookings for the second half are 58% sold, reflecting shorter lead times.
Possible SpaceX IPO May Mean Big Windfall for Musk Associate, Raises Questions for Valor

Possible SpaceX IPO May Mean Big Windfall for Musk Associate, Raises Questions for Valor

Antonio Gracias, founder of Valor Equity Partners, holds about 7.3% of SpaceX’s Class A stock, valued at roughly $91.6 billion at a $1.5 trillion valuation, according to a regulatory filing. The same filing disclosed over $20 billion in AI infrastructure lease obligations tied to Valor-linked entities. SpaceX is targeting a $1.75 trillion IPO valuation, with a possible June 12 Nasdaq debut.
21 May
Morgan Stanley Restricts iPhones to Mainland China Models as Wall Street Eyes China Risk

Morgan Stanley Restricts iPhones to Mainland China Models as Wall Street Eyes China Risk

Morgan Stanley has required Hong Kong-based bankers to use separate iPhones and iPads for mainland China trips, issuing China-specific devices to over 300 staff, according to the Financial Times. The policy, introduced in recent months, limits device functions to work email and online meetings. Goldman Sachs and JPMorgan have not adopted similar rules. Morgan Stanley declined to comment.
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 21.05.2026

LIVEMarkets rolling coverageStarted: May 21, 2026, 4:00 AM EDTUpdated: May 21, 2026, 5:15 AM EDT U.S. Stocks Rise Sharply on Iran Deal Optimism and Oil Price Drop May 21, 2026, 5:05 AM EDT. U.S. stock indexes surged on Wednesday led by the S&P 500 (+1.08%), Dow Jones (+1.31%), and Nasdaq 100 (+1.66%), driven by a sharp decline in crude oil prices of over 5% amid hopes for an Iran war resolution. Lower oil prices eased inflation expectations and caused the 10-year Treasury yield to drop 10 basis points to 4.57%. Semiconductor shares advanced, with Nvidia rising over 1% ahead of
FTSE 100 Slips Today as BT, Sage and Oil Risks Put London Stocks on Edge

FTSE 100 Slips Today as BT, Sage and Oil Risks Put London Stocks on Edge

FTSE 100 fell 0.34% to 10,396.72 in early London trading, reversing part of Wednesday’s rally. BT reported flat core earnings at £8.2 billion as fibre demand offset a 3% revenue drop. Sage lifted its FY26 revenue outlook after first-half revenue rose 11%. easyJet posted a £552 million loss and warned of uncertainty due to higher fuel costs and weaker bookings.
Treasury yields close in on 2007 highs, Wall Street takes note

Treasury yields close in on 2007 highs, Wall Street takes note

The 30-year U.S. Treasury yield reached 5.128% early Thursday, near its highest level since 2007, with the 10-year at 4.593%. Treasury data showed the 30-year par yield at 5.11% Wednesday, down from 5.18% Tuesday. The average 30-year fixed U.S. mortgage rate rose to 6.56%, the highest in seven weeks, as mortgage applications fell 2.3%. Fed minutes showed most policymakers see more tightening if inflation stays above 2%.
21 May
Asia Chips Rally Lifts Nvidia, Samsung Shares

Asia Chips Rally Lifts Nvidia, Samsung Shares

Asian stocks jumped Thursday, led by chipmakers after Nvidia forecast stronger revenue and Samsung Electronics reached a deal to avert a strike. MSCI’s Asia-Pacific index outside Japan rose 2.6%, with South Korea’s KOSPI up over 7% and Samsung shares nearly 8% higher. SK Hynix surged 11.3%. Japan’s exports climbed 14.8% in April, but its services PMI fell to 50.0, ending more than a year of growth.
Sensex edges higher as oil slips, rupee firms

Sensex edges higher as oil slips, rupee firms

Indian shares trimmed early gains but stayed higher late Thursday morning, with the Nifty 50 up 0.30% and Sensex up 0.20% as oil prices fell and the rupee rebounded. Apollo Hospitals climbed on a 36% profit jump, while Lenskart and Grasim Industries rose after strong earnings. The rupee strengthened after RBI intervention. Ola Electric fell as brokerages stayed cautious.
ASX bounces after jobs surprise, miners and property stocks climb

ASX bounces after jobs surprise, miners and property stocks climb

Australian shares surged Thursday, with the S&P/ASX 200 closing up 1.47% after April unemployment rose to 4.5% and jobs fell by 19,000, easing rate hike fears. Investors cut the odds of a June Reserve Bank rate rise to 8%. Guzman Y Gomez jumped 12.81%, while Stanmore Coal dropped 7.28%. Arafura Rare Earths climbed up to 13.6% after greenlighting its A$1.6 billion Nolans project.
SPAC ETF Up as SpaceX Heads for SPCX Ticker

SPAC ETF Up as SpaceX Heads for SPCX Ticker

The SPAC and New Issue ETF, now trading as SPCK, closed up 0.64% at $22.09 on Wednesday after SpaceX filed for a $75 billion IPO under the fund’s old ticker. The fund reported $7.14 million in net assets and 41 holdings as of May 19. New listings included a $75 million IPO from Research Alliance III and filings from FutureCorp Space Acquisition 1 and JAB Acquisition I. The SEC proposed easing share issuance rules for public companies.
EnerSys Stock Flips After Earnings as Guidance Tops Trader Hopes

EnerSys Stock Flips After Earnings as Guidance Tops Trader Hopes

EnerSys shares rose in after-hours trading after the company posted fourth-quarter adjusted earnings of $3.19 per share on $988 million in revenue, both above analyst estimates. The stock closed regular hours down 1.3% at $214.56, then quoted up 5.8% to $227. First-quarter profit guidance also topped forecasts. Management cited strong data center and defense demand, but noted continued weakness in motive-power and transportation.
AEVEX Stock Jumps After Hours as Drone Maker Posts 307% Revenue Surge and New Air Force Deal

AEVEX Stock Jumps After Hours as Drone Maker Posts 307% Revenue Surge and New Air Force Deal

AEVEX Corp. shares surged over 10% after hours Wednesday following a first-quarter profit of $21 million and new U.S. Air Force contracts worth $15.6 million. Revenue jumped to $216.7 million, beating estimates. The company, which went public in April, raised its full-year revenue outlook to $600–$620 million. The stock had closed regular trading at $26.27, down 0.23%.
Jupiter Neurosciences Stock Swings on $100M MDMA Pact, $2M Equity Sale

Jupiter Neurosciences Stock Swings on $100M MDMA Pact, $2M Equity Sale

Jupiter Neurosciences shares fell 37% to $0.205 Wednesday after announcing a proposed U.S. licensing deal for PharmAla Biotech’s MDMA-based ALA-002 and a $2 million stock offering. Trading volume topped 230 million shares. The licensing agreement is non-binding, with a potential value over $100 million, and gives Jupiter 90 days to finalize terms. Jupiter reported a $2.06 million Q1 net loss and $2.36 million in cash.
Urban Outfitters Stock Swings After Record Q1—What Nuuly and Tariffs Are Telling Investors

Urban Outfitters Stock Swings After Record Q1—What Nuuly and Tariffs Are Telling Investors

Urban Outfitters posted record first-quarter net income of $115.7 million and sales of $1.48 billion, beating analyst estimates. Shares closed up 4.05% at $71.67 before slipping to $70.55 in after-hours trading. Comparable retail sales rose 5.6%, with strong gains at FP Group, Urban Outfitters, and Nuuly. Gross profit rate edged down to 36.6% as tariffs pressured costs.
Xanadu Jumps 20% After Quantum Selloff, Filing Remains Over XNDU

Xanadu Jumps 20% After Quantum Selloff, Filing Remains Over XNDU

Xanadu Quantum Technologies’ shares surged 20.4% to $14.13 Wednesday, rebounding after a sharp May decline. The company reported Q1 revenue of $2.83 million and a net loss of $20.6 million, with 43.3 million Class B shares outstanding and a prospectus covering up to 293.7 million more. Other quantum stocks also rose. Xanadu is in talks for up to $285 million in Canadian government support.
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