Reddit Shares Fall as Meta Forum App Launches
Reddit Inc. fell Friday, missing out on gains in the broader U.S. market. Shares dropped after Meta Platforms launched Forum, its new stand-alone app for community discussion.
Super Micro shares rise 6% on the day as company faces new China export probe
Super Micro Computer is back up Friday, jumping roughly 6.3% to finish at $35.58. Traders stepped back in despite Taiwanese prosecutors launching another probe into suspected illegal exports of the company's advanced servers. SMCI opened at $33.80, hit a high of $35.94 and changed hands about 39 million times, according to market data.
Medline’s $2.7 billion stock sale puts demand for IPO favorite on the line
Medline Inc. shares held steady late Friday after its top holders priced a bigger secondary offering at $37 per share. The $2.68 billion deal offers investors a new signal on appetite for one of last year’s largest U.S. IPOs. The sale involves only existing shares, and Medline won’t get any money from it.
Sidus Space Jumps 24% Ahead of Memorial Day, Traders Look to Next Move
Sidus Space shares rallied Friday, continuing their steep late-week surge. The Nasdaq-listed space and defense tech company saw trading volume pick up ahead of the long U.S. holiday weekend.
Credo Stock Surges 13%: Why This AI Cable Maker Is Back on Traders’ Screens
Credo Technology Group Holding Ltd shares jumped on Friday as investors moved back into AI-linked semiconductor names, with the buying focused less on graphics chips and more on the wiring and signal gear that lets AI data centers run at scale. A Cboe real-time estimate showed Credo at $218.35 at 4:01 p.m. EDT, up 12.91% on the day and about 50% so far this year.
Dow Jones: Fresh Record Close as Wall Street Heads Into Memorial Day
Dow Jones Industrial Average finished at a new record on Friday, as the rally pushed higher going into the long weekend. The 30-name blue-chip index closed at 50,679.68, a gain of 394.02 points, or 0.78%, according to market data. Reuters noted the Dow had already touched a fresh intraday high earlier. Investors cited optimism around U.S.-Iran talks and solid earnings.
Dow Sets New Record as Wall Street Looks Ahead to Next Challenge
U.S. stocks finished higher on Friday, with after-hours Reuters/LSEG data showing the Dow Jones Industrial Average setting a new record. Investors jumped in on hopes around U.S.-Iran talks and upbeat earnings. The Dow gained 428.65 points, or 0.86%, to close at 50,714.31. The S&P 500 rose 45.82 points, or 0.62%, to 7,491.54. The Nasdaq Composite increased 130.07 points, or 0.50%, to 26,423.17. James St. Aubin, chief investment officer at Ocean Park Asset Management, called the market backdrop “really solid.”
Hyliion shares climb after Navy trial spotlights KARNO tech
Hyliion Holdings Corp. surged on Friday, with shares trading near $6 after a spike to $6.24. Investors piled in after news on the company’s KARNO platform and an update from a U.S. Navy sea trial. Shares were up about 40% from Hyliion’s $4.20 close on May 21. Quoted volume topped 15 million shares.
Millrose shares back in focus as Dream Finders pushes Beazer deal
Millrose Properties shares ticked up Friday afternoon as the spotlight shifted back after Dream Finders Homes kept up its push for a cash takeover of Beazer Homes, which could involve Millrose as a partner for land financing.
Marathon Digital shares approach $14 after miner’s AI push draws Wall Street notice
MARA Holdings gained Friday, with shares climbing to nearly $14 as the stock moved up even as bitcoin lost ground. MARA was last up 3.25% at $13.99, according to Barchart. Bitcoin dropped about 1.6% to around $76,450.
Keel Infrastructure at 52-Week High After AI Move
Keel Infrastructure Corp. jumped as much as 5% late Friday, reaching $5.03 on Nasdaq to match its 52-week high. Traders kept picking up shares of the former Bitfarms as it moves into AI data-center infrastructure. KEEL traded at $4.87 as of 2:52 p.m. EDT, with 31.84 million shares swapped versus a 33.91 million average volume.
Opendoor Shares Hold Flat With Mortgage Rate Pressure In Focus
Opendoor Technologies Inc. traded flat Friday afternoon, pulling back from earlier gains. The home-flipping stock struggled to hold its bump as investors considered the company's turnaround plans and rising U.S. mortgage rates.
Nu Shares Fall Again as Nubank Credit Trend Gets Attention on Wall Street
Nu Holdings shares dropped Friday, bucking the broader U.S. market’s move higher. The Brazil-based digital bank came under pressure after BofA trimmed its price target again. Investors stuck to concerns about credit costs, even as Nubank reported a record profit for the first quarter.
HPE Shares Gain Ahead of Earnings as Wall Street Pushes AI Hardware
Hewlett Packard Enterprise stock was up 9.9% to $37.33 by 2:01 p.m. EDT on Friday, with traders moving into hardware and networking names ahead of a packed earnings calendar. Shares traded during open U.S. markets, with a break coming up for Memorial Day on Monday, May 25.
Virgin Galactic climbs as SpaceX IPO speculation sparks interest in space stocks
Virgin Galactic Holdings stock rose Friday afternoon, keeping up a rally after renewed interest in space stocks. Investors moved in following new information about SpaceX’s planned IPO, the company’s first public share sale.
Family Dollar’s 350 Closures Now Impacting Shoppers
Family Dollar has shut down at least 350 U.S. locations over the past 10 months, according to a location-data review. The string of closures started under Dollar Tree and is now challenging the chain’s private-equity buyers. Local Falcon said it matched Family Dollar’s public store directory listings on July 7, 2025 and May 12, 2026, and then checked dropped stores on Google Maps.
Uber eyed as possible Delivery Hero buyer, DoorDash rivalry in view
Uber Technologies is looking at a full buyout of Delivery Hero, Bloomberg News said Friday. That would be a big step for the U.S. firm’s global food delivery expansion. Uber shares dropped on the report. Uber didn’t answer a request for comment from Reuters. Delivery Hero said it had no comment on Uber’s plans.
BJ’s stock falls after earnings beat as traders react to outlook
BJ's Wholesale Club Holdings shares dropped hard Friday as the market shrugged off the company’s earnings beat. Investors instead zeroed in on slow sales growth outside gasoline for the membership retailer.
Firefly Climbs as SpaceX IPO Buzz Lifts Space Stocks
Firefly Aerospace Inc. surged 12% Friday afternoon, trading at $48.11 as the space-and-defense group moved higher on strong volume. Shares climbed back above the IPO price, with nearly 5.9 million changing hands by 1:24 p.m. EDT and the market cap at $7.7 billion. Investors moved into space stocks after new SpaceX listing details.
Tesla Stock Is Turning Into a SpaceX Trade as Musk’s IPO Bet Grips Wall Street
Tesla shares rose more than 2% on Friday, trading near $427 in midday dealing, as investors weighed fresh SpaceX IPO disclosures, a broader Wall Street rally and new safety headlines around the Model Y. Market data showed Tesla at $427.79, up 2.38%, with the stock still below its 52-week high of $498.83.
