Today: 24 May 2026
Navitas stock jumps 37% in a week, Tuesday trading coming up
24 May 2026

Navitas stock jumps 37% in a week, Tuesday trading coming up

Navitas Semiconductor shares surged 19.98% Friday to close at $29.25, then edged down to $29.01 after hours ahead of the U.S. Memorial Day market closure. Trading volume hit 51.18 million shares as the stock touched a 52-week high. Navitas forecast Q2 revenue of $10 million after reporting $8.6 million for Q1, down from $14 million a year ago. Analysts maintain a consensus “Hold” rating, with an average target of $1.
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IonQ Stock Up 23% Ahead of Tuesday Quantum Funding Test

IonQ Stock Up 23% Ahead of Tuesday Quantum Funding Test

24 May 2026
IonQ shares surged 8.07% to $63.64 Friday, capping a 22.5% weekly gain amid heavy trading before the U.S. Memorial Day market holiday. The rally followed news of $2 billion in U.S. quantum-computing funding, though IonQ was not among named recipients. After-hours, IonQ slipped to $62.73. Peers IBM, D-Wave, and Rigetti saw sharper gains on the funding news.
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D-Wave’s $100 Million Move Follows Holiday Stock Pop

D-Wave’s $100 Million Move Follows Holiday Stock Pop

D-Wave Quantum shares surged 44.5% for the week, closing at $29.40 Friday, after the U.S. Commerce Department named it for $100 million in planned CHIPS Act funding. The company reported Q1 revenue of $2.9 million, down 81% year-over-year, and a net loss of $18.4 million. No U.S. trading will occur Monday due to Memorial Day. D-Wave plans to issue $100 million in stock to the government if the award is finalized.
24 May 2026
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Rigetti Stock’s $100 Million Weekend Question: Can RGTI Hold Its Quantum Rally?

Rigetti Stock’s $100 Million Weekend Question: Can RGTI Hold Its Quantum Rally?

Rigetti Computing shares surged 19.87% Friday to $26.42, up 48% for the week, after signing a letter of intent with the U.S. Commerce Department for up to $100 million in quantum research funding. The move followed news that Washington will invest $2 billion in nine quantum firms, including Rigetti. The company reported a Q1 operating loss of $26 million on $4.4 million revenue. The Commerce deal remains subject to final agreements.
24 May 2026
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FTSE 100 Today: BP Rally Lifts UK Stocks as Barclays and Taylor Wimpey Fall

UK stocks steady as rate fears ease, but FTSE 100 faces Iran, retail in coming week

The FTSE 100 rose 2.66% last week, ending a four-week losing streak as traders scaled back expectations for a near-term Bank of England rate hike. Retail sales volumes fell 1.3% in April, and the UK composite PMI dropped to 48.5 in May. The London Stock Exchange is closed Monday for the Spring Bank Holiday. Bodycote shares jumped 19% after a £1.52 billion takeover proposal from Apollo.
24 May 2026
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Investors Eye May 16 After Turbulent Week for Planet Labs

Planet Labs Stock Climbs Ahead of Holiday Weekend with June Earnings in Sight

Planet Labs shares closed at $44.35 on Friday, up 4.3%, and gained 6.6% for the week ahead of the Memorial Day market holiday. The company will report fiscal first-quarter results after the June 4 close. Planet recently released images from new Pelican satellites and signed contracts in Sweden, the Czech Republic, and Greece. The NYSE will reopen Tuesday.
24 May 2026
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Virgin Galactic climbs as SpaceX IPO speculation sparks interest in space stocks

Virgin Galactic climbs as SpaceX IPO speculation sparks interest in space stocks

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22 May 2026
Virgin Galactic shares climbed about 18% to $3.25 Friday, with trading volume nearly triple the average, as investors bought space stocks after reports of a possible SpaceX IPO. The stock extended Thursday’s 11% gain. Virgin Galactic continues to face significant cash-burn and financing risk while preparing for flight testing later this year. First-quarter results showed a $65 million net loss and negative free cash flow.
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Family Dollar’s 350 Closures Now Impacting Shoppers

Family Dollar’s 350 Closures Now Impacting Shoppers

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22 May 2026
Family Dollar has closed at least 350 U.S. stores since July 2025, according to a location-data analysis. The closures are concentrated in the South, Appalachia, and older urban areas. The chain’s new private-equity owners are targeting underperforming stores following a $1 billion sale from Dollar Tree last year. Some neighborhoods losing stores rely on Family Dollar for basic goods.
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TSMC’s $1.5 Trillion AI Chip Move Pressures Samsung, Intel

TSMC’s $1.5 Trillion AI Chip Move Pressures Samsung, Intel

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18 May 2026
Taiwan Semiconductor Manufacturing Co. raised its 2030 global semiconductor market forecast to over $1.5 trillion, citing surging AI demand. TSMC said AI and high-performance computing will make up 55% of the market by 2030 and projected AI accelerator wafer demand to rise 11-fold from 2022 to 2026. The company reported a first-quarter gross margin of 66% and plans to launch five new fabs this year.
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Peloton Shares React to Small-Cap Index Move

Peloton Shares React to Small-Cap Index Move

Peloton shares surged 10.23% to $5.71 Friday after S&P Dow Jones Indices announced the stock will join the S&P SmallCap 600 before Wednesday’s open. U.S. equity markets are closed Sunday and Monday for Memorial Day, making Tuesday the next trading session. The company expects a decline in paid connected-fitness subscriptions this fiscal year despite recent gains in cash generation.
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24 May
Micron Shares Swing, Investors Eye AI-Memory Challenge Next Week

Micron Shares Swing, Investors Eye AI-Memory Challenge Next Week

Micron shares closed Friday at $751.00, down 1.46% but up 3.6% for the week, ahead of a Memorial Day market closure. The company announced the start of 1-alpha DRAM production at its Manassas, Virginia, facility, part of a $2 billion expansion. Samsung workers in South Korea are voting on a pay deal that could affect memory supply. Micron reported strong quarterly results and raised its revenue outlook.
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24 May
IREN Stock Pauses as Nvidia Rally Cools Before Holiday

IREN Heads Into Holiday Week With Russell 3000 Addition, Nvidia Tie-Up, $3 Billion Backing

IREN closed Friday at $56.83, down 2.1% for the day but up 7.3% from the previous week, after FTSE Russell’s preliminary list showed it as a planned addition to the Russell 3000 Index. Nasdaq will be closed Monday for Memorial Day, with trading resuming Tuesday. IREN’s week saw heavy trading and sharp swings following news of a $3.4 billion AI cloud contract with Nvidia.
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24 May
UiPath Faces Three-Day Test for AI Stock Rebound

UiPath Faces Three-Day Test for AI Stock Rebound

UiPath shares closed Friday at $10.93, up 3.41%, ahead of fiscal Q1 results due after market close May 28. The company has guided Q1 revenue of $395–$400 million and ARR of $1.894–$1.899 billion; analysts expect EPS of 13 cents. U.S. markets are closed Monday for Memorial Day. UiPath was named a Leader in Forrester’s Q2 2026 report on document mining platforms last week.
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24 May
Keel Infrastructure Climbs Into the Weekend as AI Leasing Move Faces Test

Keel Infrastructure Climbs Into the Weekend as AI Leasing Move Faces Test

Keel Infrastructure closed Friday at $4.81 on Nasdaq, up 3.66% for the day and 9.57% over five sessions. The company aims to sign data-center leases at Panther Creek, Sharon, and Moses Lake this year as it shifts from bitcoin mining to AI-linked infrastructure. Keel reported $533 million in liquidity as of May 8. First-quarter revenue fell 23% to $37 million, with a net loss of $145.4 million.
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24 May
Opendoor Stock Faces a Hard Profit Test as CEO Says Turnaround Is Working

Opendoor Gains for the Week With Focus Shifting to Post-Holiday Trade

Opendoor Technologies shares closed at $4.53 ahead of the U.S. market’s Memorial Day break, up 3.4% for the week despite a Friday dip. CFO Christina Schwartz sold 74,348 shares on May 15 in a tax-related transaction. Opendoor posted a first-quarter net loss of $173 million on $720 million revenue. Mortgage rates climbed to 6.51%, while U.S. existing-home sales edged up 0.2% in April.
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24 May
Medline’s $2.7 Billion Stock Sale Just Put Its IPO Buzz Back on Trial

Medline’s $2.7 Billion Stock Sale Just Put Its IPO Buzz Back on Trial

Medline Inc. shareholders upsized a secondary offering to 72.55 million Class A shares at $37 each, with no proceeds to the company; the deal closes May 28. The sale, coming less than six months after Medline’s IPO, follows a volatile week for the stock, which ended Friday at $37.01. U.S. markets are closed Monday for Memorial Day, delaying the full market reaction until Tuesday.
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24 May
Tesla’s China Rally Fades; Monday Seen Testing AI Optimism

Tesla Faces Three-Day Pause, Eyes on Tuesday Move

Tesla shares closed Friday at $426.01, up 1.95% for the day and 0.9% for the week, ahead of the Memorial Day market closure. The stock rebounded despite a new Model Y recall and questions over Elon Musk’s business interests, including SpaceX’s IPO filing. The Dow hit a record high, while the Nasdaq rose 0.19%. Tesla’s valuation remains tied to its AI and robotaxi ambitions.
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24 May
HP Gains 15%. Earnings Short Week Could Guide Further Move

HP Gains 15%. Earnings Short Week Could Guide Further Move

HP Inc. shares jumped 15.3% to $25.24 Friday, their biggest one-day gain in months, after Lenovo’s strong results boosted PC hardware stocks. U.S. markets will be closed Monday for Memorial Day. HP reports fiscal Q2 earnings after the close on May 27, with investors watching for signs that AI PC demand can offset rising memory-chip costs. Trading volume Friday neared 48.7 million shares.
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24 May
Navitas stock jumps 37% in a week, Tuesday trading coming up

Navitas stock jumps 37% in a week, Tuesday trading coming up

Navitas Semiconductor shares surged 19.98% Friday to close at $29.25, then edged down to $29.01 after hours ahead of the U.S. Memorial Day market closure. Trading volume hit 51.18 million shares as the stock touched a 52-week high. Navitas forecast Q2 revenue of $10 million after reporting $8.6 million for Q1, down from $14 million a year ago. Analysts maintain a consensus “Hold” rating, with an average target of $1.
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24 May
Nubank Shares Face Three-Session Test After Friday Dip

Nubank Shares Face Three-Session Test After Friday Dip

Nu Holdings closed Friday at $12.73, down 3.3% for the day but up 4.4% from a week earlier. U.S. markets are closed until Tuesday for Memorial Day. The company reported first-quarter net income of $871.4 million and revenue above $5 billion for the first time, with customer growth led by Brazil. Investors remain cautious as credit-loss allowances rose 33% quarter-on-quarter.
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24 May
SoFi Shares Steady Last Week as Traders Eye Inflation Data

SoFi Shares Steady Last Week as Traders Eye Inflation Data

SoFi Technologies shares closed Friday at $15.62, down 0.2% and nearly flat for the week. Nasdaq will remain closed Monday for Memorial Day, with trading set to resume Tuesday. Executive Vice President Kelli Keough sold 10,037 shares on May 22 under a pre-set plan. Investors await Thursday’s U.S. PCE inflation report for signals on interest rates.
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24 May
BlackBerry Rallies 19%; Quiet Holiday Week Could Test QNX Momentum

BlackBerry Rallies 19%; Quiet Holiday Week Could Test QNX Momentum

BlackBerry’s U.S. shares surged 18.95% to $7.91 on Friday, with Toronto shares up 18.52% to C$10.88, as trading volume topped 57 million. The jump followed news that BlackBerry’s AtHoc platform secured 2026 FedRAMP High re-certification and QNX is set to appear at the Robotics Summit in Boston. Fourth-quarter revenue rose 10% to $156 million, with QNX posting record sales.
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24 May
Ondas Shares Look to Tuesday After AI Defense Contract and Share Resale Filings

Ondas Shares Look to Tuesday After AI Defense Contract and Share Resale Filings

Ondas Inc. closed a $196.6 million all-stock acquisition of Israel’s Omnisys, registering shares for resale tied to recent deals. Ondas shares fell 1.31% to $9.06 Friday, underperforming the Nasdaq Composite ahead of the Memorial Day market closure. A May 21 filing detailed Omnisys sellers face a daily cap on share sales. Omnisys, with 185 employees, is expected to add over $100 million in revenue across 2026 and 2027.
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24 May
Energy name T1 heads for busy Tuesday after volatile week

Energy name T1 heads for busy Tuesday after volatile week

T1 Energy Inc. shares closed at $8.08 Friday, down 7.34% but still up 42.5% for the week after a midweek surge. The stock faces scrutiny after short seller Fuzzy Panda Research alleged it is not eligible for U.S. clean-energy credits, claims disputed by Roth Capital. T1 reported a net loss of $21.4 million last quarter and said one customer made up nearly all sales. U.S. markets reopen Tuesday after Memorial Day.
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24 May
Futu Faces $271 Million Hit in China This Week

Futu Faces $271 Million Hit in China This Week

Futu Holdings shares fell 27.5% to $89.76 Friday after China’s securities regulator proposed a 1.85 billion yuan ($271 million) penalty over alleged unlicensed operations in mainland China. The Nasdaq-listed firm lost about a third of its value in a week. U.S. markets are closed until Tuesday for Memorial Day. Futu reports first-quarter earnings on May 28.
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24 May
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