Today: 18 May 2026
Micron Faces Key Monday After Volatile Week
17 May 2026

Micron Faces Key Monday After Volatile Week

Micron Technology shares closed at $724.66 on Friday, down 6.6% after a record-setting week, but remain up nearly 154% for the year. The drop followed a broader market selloff, with the S&P 500 down 1.2% and the Nasdaq off 1.5% as Treasury yields rose. Micron recently began sampling 256GB DDR5 server memory modules to partners. Samsung faces a possible strike May 21, potentially affecting memory chip supply.
IREN Shares Slide 9% Friday as AI Bet Hits $3 Billion Mark

IREN Shares Slide 9% Friday as AI Bet Hits $3 Billion Mark

17 May 2026
IREN shares fell 9.35% to $52.94 Friday after closing a $3.0 billion convertible-note sale tied to its Nvidia-backed AI infrastructure expansion. The stock ended the week down about 13.5% from May 8. IREN’s new partnership gives Nvidia rights to buy up to 30 million shares at $70 each. The Nasdaq Composite dropped 1.5% Friday as tech stocks retreated.
SpaceX IPO: BlackRock Talks, 5-for-1 Split Hint at $1.75 Trillion Deal

SpaceX IPO: BlackRock Talks, 5-for-1 Split Hint at $1.75 Trillion Deal

SpaceX plans to debut on Nasdaq as early as June 12 under the ticker SPCX, targeting about $75 billion in proceeds at a $1.75 trillion valuation. Shareholders approved a 5-for-1 stock split, with processing expected by May 22. BlackRock has discussed a possible $5 billion to $10 billion investment, though no agreement is final. SpaceX aims to release its prospectus as early as Wednesday.
Alphabet Stock Faces $4.8 Trillion Pressure After Ackman Exit, AI Bonds, Google I/O

Alphabet Stock Faces $4.8 Trillion Pressure After Ackman Exit, AI Bonds, Google I/O

Alphabet shares closed at $396.78 Friday, down 1.07% after Pershing Square, led by Bill Ackman, fully exited its stake to fund a new Microsoft position. Alphabet also raised $3.6 billion in its first yen bond sale, the largest by a foreign company. First-quarter revenue rose 22% to $109.9 billion, with Google Cloud revenue up 63% to $20 billion.
Dominion Energy Shares in Focus After Report Links NextEra to Possible Deal

Dominion Energy Shares in Focus After Report Links NextEra to Possible Deal

Dominion Energy closed Friday at $61.73, down 1.97%, after reports surfaced that NextEra Energy is in talks to acquire the Virginia utility in a mostly stock deal that could value the combined company at about $400 billion including debt. The report landed after the market closed, leaving Dominion shares nearly flat for the week. Neither company commented outside business hours. NextEra ended Friday down 2.42%.
Netflix Stock Holds Near $87 Ahead of Monday Signal

Netflix Stock Holds Near $87 Ahead of Monday Signal

Netflix shares closed Friday at $87.02, nearly flat for the week, as the S&P 500 and Nasdaq both fell more than 1%. At its New York upfront, Netflix said its ad-supported plan now reaches over 250 million global monthly active viewers and will expand to 15 more countries in 2027. Analyst price targets average $115.89, but some remain cautious on user engagement and ad revenue growth.

Micron Stock Slides as Samsung Strike Threat Tests the AI Memory Boom

Micron Stock Slides as Samsung Strike Threat Tests the AI Memory Boom

Micron shares fell 5.2% to $735.74 Friday morning, cutting its market value to $838 billion, as investors reacted to profit-taking and a possible 18-day strike at Samsung’s South Korean plants. Bank of America raised Micron’s price target to $950 this week, citing AI-driven memory demand. Samsung’s union said the strike will start May 21. Samsung shares dropped as much as 9.3% on supply concerns.
Why Cerebras Stock Is Down Today: Wall Street Hits the Brakes After a Blowout AI IPO

Why Cerebras Stock Is Down Today: Wall Street Hits the Brakes After a Blowout AI IPO

Cerebras Systems shares fell about 4% to $298 in early Friday trading, retreating from Thursday’s $311.07 close after a 68% Nasdaq debut. The stock remained roughly 61% above its $185 IPO price. Investors cited concerns over high valuation, customer concentration, and how much OpenAI demand is already priced in. Cerebras raised $5.55 billion in its offering, which was expected to close Friday.
GTA 6 Preorder Rumor Sends Take-Two Stock Higher. The Bigger Test Comes Next Week

GTA 6 Preorder Rumor Sends Take-Two Stock Higher. The Bigger Test Comes Next Week

Take-Two Interactive shares rose 6.5% to $241.68 on Thursday after reports of a leaked Best Buy affiliate campaign fueled speculation that Grand Theft Auto VI pre-orders could begin next week. Neither Take-Two nor Rockstar Games has confirmed a pre-order date. The company is set to report earnings after markets close on May 21. GTA VI is listed for release on Nov. 19, 2026, for PlayStation 5 and Xbox Series X|S.

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Super Micro Shares Slip, Eyes on Monday for SMCI

Super Micro Shares Slip, Eyes on Monday for SMCI

Super Micro Computer shares closed at $31.04 Friday, down 6% on the day and 12.2% since May 8, as the Nasdaq fell 1.54%. The company reports $10.24 billion in March-quarter sales, missing analyst estimates and down from $12.7 billion the prior quarter, with a 9.9% gross margin and $6.6 billion in operating cash outflow. Management will address investors Monday at a J.P. Morgan conference.
IonQ’s Volatile Week Leaves Bulls Focused on Monday Trade

IonQ’s Volatile Week Leaves Bulls Focused on Monday Trade

IonQ shares closed Friday at $51.95, down 9.6% for the day but up 5.5% from the prior week. The company reported first-quarter revenue of $64.7 million, up 755% year-over-year, and raised full-year guidance to as much as $270 million. IonQ posted a GAAP net income of $805.4 million but an adjusted EBITDA loss of $96.8 million. Investor focus remains on high spending and cash burn.
Ambev Slides After Initial Earnings Jump; Eyes on Next Week’s Test

Ambev Slides After Initial Earnings Jump; Eyes on Next Week’s Test

Ambev shares closed Friday at 15.69 reais, down 0.51%, with a five-day loss of 3.86% but up 13.20% year-to-date. First-quarter net profit rose 2.1% to 3.89 billion reais, helped by Carnival and strong premium beer sales. The Ibovespa fell 0.61% Friday, setting a weaker backdrop for Monday’s open. Trading volume for Ambev reached about 31 million shares at the last close.
17 May
Apellis Exits Nasdaq; $41 Takeover Wraps, One Bet Left

Apellis Exits Nasdaq; $41 Takeover Wraps, One Bet Left

Biogen completed its acquisition of Apellis Pharmaceuticals last week, delisting Apellis from Nasdaq after accepting 82.4% of shares in a $41-per-share cash deal plus a contingent value right. Apellis became a Biogen subsidiary on May 14. The CVR will pay holders up to $4 if Syfovre sales meet specified targets. Biogen shares closed at $192.95 on Friday.
Vale Shares Stand Out as Brazil Market Slips, Iron Ore Prices Stay Firm

Vale Shares Stand Out as Brazil Market Slips, Iron Ore Prices Stay Firm

Vale shares closed at R$83.50 in São Paulo on Friday, up 0.76%, while the Ibovespa fell 0.61%. Vale told U.S. regulators it expects about $1.5 billion more 2026 free cash flow from its iron ore unit, citing market conditions after the Middle East conflict. Iron ore traded near a 52-week high at $110.77 a tonne on May 15. Vale’s Q1 net profit rose 36% to $1.89 billion, missing analyst forecasts.
17 May
Navitas Semiconductor Stock Is Headed for a Make-or-Break Week After a Wild AI Rally

Navitas Semiconductor Stock Is Headed for a Make-or-Break Week After a Wild AI Rally

Navitas Semiconductor closed Friday at $21.32, down 4.48% but up 17.14% for the week after raising about $122 million through an at-the-market stock sale. The company sold 6.5 million shares, increasing cash and share count. Investors await Navitas’ May 19 appearance at the J.P. Morgan tech conference. The stock mirrored volatility across the semiconductor sector as the Philadelphia SE Semiconductor Index fell 4% Friday.
Netflix Faces Quick Test Beyond Subscriber Counts

Netflix Faces Quick Test Beyond Subscriber Counts

Netflix shares closed at $87.02 Friday, up 0.09% for the day but down 0.5% from the prior week. The company told advertisers its ad-supported plan now reaches over 250 million global viewers and will expand to 15 more countries in 2027. First-quarter revenue rose 16% year-over-year to $4.0 billion in operating income. The stock remains in its post-10-for-1 split range announced last October.
Bradesco Shares Dip Heading Into the New Week

Bradesco Shares Dip Heading Into the New Week

Bradesco preferred shares closed Friday at R$17.69, down 0.84% for the day and 4.84% over five sessions. The Ibovespa ended the week at 177,283.83, falling 0.61% Friday and 3.71% for the week. Bradesco’s first-quarter recurring net income rose 16.1% to R$6.8 billion, but credit costs increased and overdue loans reached 4.2%.
17 May
ServiceNow Stock Bucks Broader Drop Ahead of Monday Test

ServiceNow Stock Bucks Broader Drop Ahead of Monday Test

ServiceNow shares rose 5.05% to $95.07 on May 15, outperforming major indexes. The company completed a $4 billion senior notes offering to repay debt from its Armis acquisition. First-quarter subscription revenue climbed 22% to $3.67 billion. ServiceNow faces competition from Salesforce and Microsoft as it shifts focus to AI workflows.
Coeur Mining Falls 9%, With Dividend Date Ahead

Coeur Mining Falls 9%, With Dividend Date Ahead

Coeur Mining shares closed Friday at $17.61, down 9.23%, with trading volume at 36.61 million. The company declared a $0.02-per-share dividend payable June 10, with a record date of May 22. First-quarter revenue reached $856 million, net income $247 million, and free cash flow $267 million. Analyst Mike Kozak at Cantor Fitzgerald downgraded the stock to Hold and lowered his price target to $19.
Pfizer Faces Busy Week After Friday’s Drop

Pfizer Faces Busy Week After Friday’s Drop

Pfizer shares closed at $25.33 Friday, down 1.63%, underperforming the S&P 500, which fell 1.24% but still posted a weekly gain. The company reaffirmed its 2026 revenue and earnings guidance after first-quarter revenue rose 5% to $14.45 billion. Investors remain cautious, citing competitive pressure from Eli Lilly and uncertainty over Pfizer’s pipeline. U.S. markets reopen Monday.
American Airlines Stock Faces a Fuel-Cost Test as Memorial Day Rush Nears

American Airlines Stock Faces a Fuel-Cost Test as Memorial Day Rush Nears

American Airlines shares closed at $12.31 Friday, down 3.07%, after crude oil prices surged on U.S.-Iran tensions. The carrier cut its 2026 profit outlook, citing a projected $4 billion jump in jet-fuel costs and higher bag fees. American expects over 4.2 million travelers for Memorial Day as it launches its largest summer schedule. U.S. markets also fell, with the S&P 500 down 1.2%.
CoStar Set to Drop from Nasdaq-100 Monday: What’s Next for CSGP Holders

CoStar Set to Drop from Nasdaq-100 Monday: What’s Next for CSGP Holders

CoStar closed at $32.68 Friday, up 2.6%, with trading volume surging ahead of its removal from the Nasdaq-100. Nasdaq said Lumentum will replace CoStar in the index before Monday’s open. Index funds tracking the Nasdaq-100 may adjust holdings as a result. CoStar’s first-quarter revenue rose 23% to $897 million, but its residential segment posted a $29 million adjusted EBITDA loss.
Snap shares claw back some losses ahead of another big test Monday

Snap shares claw back some losses ahead of another big test Monday

Snap closed Friday at $5.53, up 3.17% for the day but down about 9% from the previous week. The move followed a legal settlement involving Snap, YouTube, and TikTok over school-district claims, with terms undisclosed. Snap faces pressure from weak ad growth and ongoing cost cuts as trading resumes Monday. Friday’s trading volume reached about 37.8 million shares.
Aurora Stock Swings as May 21 Looms After Friday Drop for AUR

Aurora Stock Swings as May 21 Looms After Friday Drop for AUR

Aurora Innovation shares closed at $7.71 Friday, down 5.75% but still about 10% above last week’s close after hitting a 52-week high midweek. The company plans to deploy over 200 driverless trucks by year-end, following new deals with Volvo and McLane in Texas. Aurora reported Q1 revenue of $1 million and a net loss of $223 million.
Cisco shares touch record high on AI moves — what could drive CSCO now

Cisco shares touch record high on AI moves — what could drive CSCO now

Cisco shares closed at $118.21 after a 22% weekly gain, following strong earnings and an increased AI revenue outlook. The stock jumped 17% Thursday, its biggest one-day rise in over 20 years, adding about $70 billion in market value. Cisco reported $15.8 billion in Q3 revenue and announced nearly 4,000 job cuts. Arista Networks and Hewlett Packard Enterprise shares fell as Cisco surged.
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