Today: 22 May 2026
WhiteFiber Stock Rips 22% on $160 Million AI Deal. The Test Comes in July
22 May 2026

WhiteFiber Stock Rips 22% on $160 Million AI Deal. The Test Comes in July

WhiteFiber shares jumped 22.2% to $29.55 after announcing a five-year AI compute contract worth over $160 million for a Paris-region deployment using NVIDIA GPU systems. Google Finance showed the stock rising further after hours. The project is backed by planned financing and 12 months of customer prepayments, but funding and execution remain pending. Service is expected to start in July, subject to equipment delivery and acceptance.
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Spirit’s Woes Threaten to Push Up Summer Airfares

Spirit’s Woes Threaten to Push Up Summer Airfares

22 May 2026
Spirit Airlines’ lawyer apologized in bankruptcy court to travelers “priced entirely out” of air travel after the carrier’s May 2 shutdown. JetBlue and Frontier are adding flights on former Spirit routes, while JetBlue is cutting 11 other routes, including a full exit from Manchester-Boston. Breeze Airways launched new service at Atlantic City, where Spirit flew most flights. Rising jet fuel costs and funding shortfalls triggered Spirit’s collapse.
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QuantumScape shares rise 9% as battery play picks up steam

QuantumScape shares rise 9% as battery play picks up steam

QuantumScape shares jumped 9.13% to $8.37 Thursday, outpacing the S&P 500 and Nasdaq. The company reported initial QSE-5 cell production from its new Eagle Line and ongoing partnerships with Volkswagen and other major automakers. First-quarter net loss reached $100.8 million, with $904.7 million in liquidity at quarter’s end. QuantumScape reaffirmed its full-year adjusted EBITDA loss guidance.
21 May 2026
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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.
21 May 2026
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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.
21 May 2026
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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.
21 May 2026
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Destiny Tech100 Gains Pre-Market as SpaceX IPO Buzz Mixes With AI Stock Warnings

Destiny Tech100 Gains on IPO Hopes for SpaceX

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21 May 2026
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.
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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.
21 May 2026
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GlobalFoundries shares jump after U.S. quantum funding news

GlobalFoundries shares jump after U.S. quantum funding news

GlobalFoundries shares surged 12.7% to $79.75 after the company announced a $375 million letter of intent from the U.S. Department of Commerce to support quantum-chip manufacturing. Trading volume topped 3.4 million shares by mid-morning. The company also launched Quantum Technology Solutions and will pay its first quarterly dividend on July 14. The Nasdaq fell 0.4% in early trading.
21 May 2026
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Quantum computing stocks rally: IonQ, Rigetti, D-Wave, QUBT prices jump as traders look to the week ahead

QUBT Moves After $2 Billion U.S. Quantum Push

Quantum Computing Inc. shares rose 12.2% to $10.73 in early Nasdaq trading Thursday, with volume near 16 million, after a U.S. government funding push for the sector. QCI was not named among recipients of the $2 billion federal quantum investment reported by Reuters. Other stocks in the sector, including Rigetti and D-Wave, posted larger gains. QCI recently reported first-quarter revenue of $3.7 million after acquiring Luminar Semiconductor.
21 May 2026
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Infleqtion shares react to $100 million quantum funding news in Washington

Infleqtion shares react to $100 million quantum funding news in Washington

Infleqtion shares rose 5.1% premarket Thursday after the U.S. Commerce Department signed a preliminary $100 million funding letter for its neutral-atom quantum computing project, which would also give the government stock in the company. The proposed award, not yet final, is contingent on milestones and approvals. INFQ last traded at $11.18 before the New York open. D-Wave and Rigetti also saw premarket gains.
21 May 2026
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FuelCell Energy surges as AI-fueled rally hits again, analysts wary

FuelCell Energy surges as AI-fueled rally hits again, analysts wary

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20 May 2026
FuelCell Energy shares surged 16.5% to $20.22 Wednesday, rebounding after a two-day selloff. The move tracked a 1.5% gain in the Nasdaq Composite and renewed interest in companies supplying power to AI data centers. FuelCell reported a $26.1 million quarterly loss and a declining backlog, despite higher revenue and new data-center proposals. Peers traded mixed, with Bloom Energy up and Plug Power down.
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Grab shares edge lower after Superbank shift

Grab shares edge lower after Superbank shift

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20 May 2026
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.
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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

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20 May 2026
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.
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Latest

OpenAI Shares Hype Returns, Still No Ticker in Sight

OpenAI Shares Hype Returns, Still No Ticker in Sight

OpenAI is preparing to confidentially file for a U.S. IPO, aiming to go public as early as September, sources told Reuters. The move follows a court win against Elon Musk, removing a key legal obstacle. Private-market share prices for OpenAI ranged from $658.94 to $732.38 this month, but no official public price exists. Ordinary investors still cannot buy OpenAI stock on public exchanges.
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22 May
WhiteFiber Stock Rips 22% on $160 Million AI Deal. The Test Comes in July

WhiteFiber Stock Rips 22% on $160 Million AI Deal. The Test Comes in July

WhiteFiber shares jumped 22.2% to $29.55 after announcing a five-year AI compute contract worth over $160 million for a Paris-region deployment using NVIDIA GPU systems. Google Finance showed the stock rising further after hours. The project is backed by planned financing and 12 months of customer prepayments, but funding and execution remain pending. Service is expected to start in July, subject to equipment delivery and acceptance.
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22 May
Spirit’s Woes Threaten to Push Up Summer Airfares

Spirit’s Woes Threaten to Push Up Summer Airfares

Spirit Airlines’ lawyer apologized in bankruptcy court to travelers “priced entirely out” of air travel after the carrier’s May 2 shutdown. JetBlue and Frontier are adding flights on former Spirit routes, while JetBlue is cutting 11 other routes, including a full exit from Manchester-Boston. Breeze Airways launched new service at Atlantic City, where Spirit flew most flights. Rising jet fuel costs and funding shortfalls triggered Spirit’s collapse.
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22 May
Lockheed Rolls Out $9 Billion Missile Plan in Alabama, Eyes U.S. Stockpile Rebuild

Lockheed Rolls Out $9 Billion Missile Plan in Alabama, Eyes U.S. Stockpile Rebuild

Lockheed Martin began construction Thursday on an 87,000-square-foot munitions facility in Troy, Alabama, to expand THAAD interceptor and Next Generation Interceptor production. The project is part of a $9 billion investment to boost missile output amid Pentagon pressure to increase inventories. Lockheed said the new building will nearly double its Troy production space and add jobs over the next three years.
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22 May
Grab Stock Jumps as Fintech News Focuses Trader Attention on Indonesia

Grab Stock Jumps as Fintech News Focuses Trader Attention on Indonesia

Grab’s U.S.-listed shares rose 1.6% to $3.56 after the company moved to consolidate Indonesia’s Superbank, raising its stake above 50%. The consolidation will fold Superbank’s results into Grab’s financial-services segment from May 2026. Superbank has over six million customers and assets of 24 trillion rupiah as of April. Grab’s market value stood near $14.1 billion on Thursday.
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22 May
Blue Owl shares climb almost 5% amid steady private-credit demand

Blue Owl shares climb almost 5% amid steady private-credit demand

Blue Owl Capital shares jumped nearly 5% Thursday to $10.20 on heavy volume, outpacing peers as investors weighed ongoing private-credit concerns. The stock remains down about 50% this year amid worries over software-sector exposure and retail fund outflows. Blue Owl reported $315 billion in assets under management as of March 31 and declared a 23-cent dividend. Major indexes closed slightly higher.
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22 May
Deckers shares spike, then retreat after Hoka owner’s earnings, margin concerns

Deckers shares spike, then retreat after Hoka owner’s earnings, margin concerns

Deckers Outdoor shares closed up 4.5% at $102.70 Thursday after beating quarterly expectations, but fell to $100.56 in after-hours trading as investors weighed a lower-margin outlook. Fourth-quarter net sales rose 9.6% to $1.119 billion, with HOKA sales up 14.5% and UGG up 9.2%. The company forecast fiscal 2027 sales above analyst estimates and expanded its stock-buyback program by $3.5 billion.
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22 May
Ackman Sold Alphabet, Bought Microsoft in Split AI Play

Ackman Sold Alphabet, Bought Microsoft in Split AI Play

Bill Ackman’s Pershing Square sold nearly all its Alphabet shares and bought a $2.09 billion stake in Microsoft, SEC filings show. The fund now holds 5.65 million Microsoft shares and raised its Amazon position by 19%. Alphabet and Amazon both reported strong cloud and AI growth last quarter. Daniel Loeb’s Third Point made opposite moves, cutting Microsoft and adding Alphabet.
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22 May
Why AMD stock is down: hot U.S. wholesale inflation and Nvidia slump weigh on Advanced Micro Devices

AMD stock rises after $10 billion Taiwan AI move targets Nvidia

AMD shares rose 0.4% to $449.59 after the company announced plans to invest over $10 billion in Taiwan’s AI supply chain and begin production of its next EPYC server chip using TSMC’s 2-nanometer process. Amkor said it is working with AMD on advanced chip packaging in Arizona. TSMC’s U.S.-listed shares gained 1.4%, while Nvidia fell 1.8% and Intel slipped 0.4%.
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22 May
Google Stock Eyes Fresh AI Push as Traders Weigh New Risks

Google Stock Eyes Fresh AI Push as Traders Weigh New Risks

Alphabet’s Class A shares fell 0.4% to $387.66 after Google announced new AI features at its I/O conference and faced a European complaint over scam ads. Google said its conversational AI Search has surpassed 1 billion monthly users and is rolling out new AI tools and subscription tiers. Google Cloud revenue jumped 63% to $20 billion last quarter. European groups filed complaints against Google, Meta, and TikTok over scam ads.
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22 May
Ross Stores Surges on Sales Beat as Bargain Demand Holds Up

Ross Stores Surges on Sales Beat as Bargain Demand Holds Up

Ross Stores shares jumped 5.3% in after-hours trading Thursday after the company raised its full-year sales and profit forecasts. First-quarter comparable-store sales surged 17%, with total sales up 21% to $6.0 billion and net income rising to $650 million. Ross now expects 6% to 7% same-store sales growth for fiscal 2026, up from its previous 3% to 4% outlook. Rival TJX also raised its annual forecasts this week.
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22 May
Webull Stock Falls After Costs Offset 36% Revenue Gain

Webull Stock Falls After Costs Offset 36% Revenue Gain

Webull shares fell 5.4% in late trading Thursday after the company reported a first-quarter net loss of $21.7 million, reversing a profit a year earlier, as operating expenses jumped 68% to $162.3 million. Revenue rose 36% to $159.9 million, while customer assets surged 90% to $24.6 billion and trading activity increased ahead of new U.S. day-trading rules set for June.
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21 May
Workday Catches AI-Focused Investment Attention After Latest Update

Workday Catches AI-Focused Investment Attention After Latest Update

Workday shares jumped 7% in after-hours trading Thursday after the company beat Wall Street estimates with first-quarter revenue of $2.54 billion and adjusted profit of $2.66 per share. Subscription revenue rose 14.3% to $2.35 billion. CEO Aneel Bhusri, who returned in February, said over 4,000 customers now use at least one of Workday’s AI agents, more than double the previous quarter.
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21 May
Take-Two Keeps GTA 6 Launch Target, But Investors Aren’t Sold

Take-Two Keeps GTA 6 Launch Target, But Investors Aren’t Sold

Take-Two reaffirmed Grand Theft Auto VI will launch Nov. 19, 2026, and reported fourth-quarter net bookings of $1.58 billion, beating expectations. Fiscal 2027 net bookings guidance of $8.0–$8.2 billion fell short of analysts’ $9.1 billion estimate. Shares rose about 8% after hours. Recurring consumer spending made up 82% of total net bookings in the quarter.
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21 May
Dow Sets New High as Oil, Nvidia Unsettle Wall Street

Dow Sets New High as Oil, Nvidia Unsettle Wall Street

The Dow Jones closed at a record 50,285.66 on Thursday, lifted by a 12.5% jump in IBM after it secured $1 billion in federal funding for a quantum-chip venture. Brent crude fell 2.3% to $102.58 a barrel, easing inflation concerns. Nvidia dropped 1.8% despite strong earnings, while Ralph Lauren rose 13.9% and Walmart slid 7.3% on profit news. U.S. jobless claims fell to 209,000 last week.
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21 May
BlackBerry Stock Jumps as U.S. Security Win Fuels Its Software Comeback

BlackBerry Stock Jumps as U.S. Security Win Fuels Its Software Comeback

BlackBerry’s Toronto shares closed up 7.9% after its AtHoc crisis-communications platform received renewed U.S. government cloud-security certification. Executives highlighted growth prospects for the QNX embedded-software unit at a CIBC investor conference. The U.S.-listed stock rose about 7.5%. Management cited recent cost cuts and a move to positive cash flow.
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21 May
AI Stocks Rally, Deere Misses Out

AI Stocks Rally, Deere Misses Out

Arm shares surged 16.1% to $298.16, pushing its market value above $300 billion after reporting record revenue and strong data-center growth. Rigetti jumped 30.6% and IBM rose 12.5% following $2 billion in U.S. quantum computing incentives. Nvidia posted record quarterly revenue but slipped 1.8%. Bloom Energy gained 9% as Nebius announced major AI power infrastructure deals.
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21 May
Bezos pushes for no income tax on half of Americans; Mamdani was set

Bezos pushes for no income tax on half of Americans; Mamdani was set

Jeff Bezos called for eliminating federal income taxes for the bottom half of U.S. earners, putting him at odds with New York Mayor Zohran Mamdani and Democrats seeking higher taxes on the wealthy. Bezos said the bottom half should owe “zero,” not just less, and criticized Mamdani’s proposed tax on luxury second homes. Mamdani responded that higher taxes on the rich would help working New Yorkers.
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21 May
QuantumScape shares rise 9% as battery play picks up steam

QuantumScape shares rise 9% as battery play picks up steam

QuantumScape shares jumped 9.13% to $8.37 Thursday, outpacing the S&P 500 and Nasdaq. The company reported initial QSE-5 cell production from its new Eagle Line and ongoing partnerships with Volkswagen and other major automakers. First-quarter net loss reached $100.8 million, with $904.7 million in liquidity at quarter’s end. QuantumScape reaffirmed its full-year adjusted EBITDA loss guidance.
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21 May
SpaceX Starship V3 Launch Set for Biggest Test at Starbase

SpaceX Starship V3 Launch Set for Biggest Test at Starbase

SpaceX plans to launch its first Version 3 Starship from Starbase, Texas, on Thursday, with a 90-minute window opening at 5:30 p.m. local time. The 407-foot rocket, pairing Booster 19 and Ship 39, will attempt a suborbital flight with splashdowns in the Gulf of Mexico and Indian Ocean. The mission will release Starlink simulator satellites and test a Raptor engine relight in space. NASA is monitoring the flight ahead of Artemis lunar missions.
21 May
Ambev Shares Approach Year High in Brazil as Beer Margins Hold

Ambev Shares Approach Year High in Brazil as Beer Margins Hold

Ambev S.A. shares in São Paulo rose 1.42% to 16.45 reais Thursday, nearing a one-year high after strong first-quarter results. Organic net revenue increased 8.1%, normalized EBITDA climbed 10.1% to 7.56 billion reais, and Brazil Beer unit volume grew 1.2%. The board approved a 700 million-real interest-on-capital payout. Fernando Maffessoni will replace Paulo André Zagman as logistics vice-president in August.
21 May
AT&T Stock Gains After $15 Wireless Plan and $19B California Move

AT&T Stock Gains After $15 Wireless Plan and $19B California Move

AT&T shares rose 1.6% to $25.33 late Thursday, outpacing Verizon and T-Mobile, after it announced a $15-a-month customizable wireless plan and sued California to exit copper phone service. The new plan launches May 27 with unlimited talk, text, and 1GB data. AT&T said California copper rules force $1 billion in annual upkeep for a shrinking user base.
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21 May
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