Today: 20 May 2026

Nebius stock pops 9%: $7-$9B run-rate target and France data centre plan put NBIS in focus

Nebius stock pops 9%: $7-$9B run-rate target and France data centre plan put NBIS in focus

Nebius Group shares closed up 9.2% at $98.01 Friday after unveiling a 240MW data center plan in northern France and raising its 2026 revenue target to $7–9 billion. Fourth-quarter revenue surged to $227.7 million, but capital spending hit $2.1 billion and revenue missed analyst forecasts. U.S. markets are closed Monday for Presidents’ Day; trading resumes Tuesday.
Iron Mountain stock near a 52-week high as data center stocks head into a holiday week

Iron Mountain stock near a 52-week high as data center stocks head into a holiday week

Iron Mountain shares rose 3.6% to $109.83 Friday, nearing a 52-week high, after the company projected 2026 revenue up to $7.775 billion and cited strong data center leasing. Softer January U.S. inflation and a drop in Treasury yields supported data center stocks. Equinix closed down 0.2% at $956.19. U.S. markets close Monday for Washington’s Birthday.
Pinterest plunge, Alphabet bond sale and Warner Bros bidding war set up communication services stocks for Tuesday open

Pinterest plunge, Alphabet bond sale and Warner Bros bidding war set up communication services stocks for Tuesday open

Pinterest shares fell 16.9% Friday after the company warned of weaker ad demand from tariff-hit retailers, dragging the communication services sector lower ahead of the Presidents Day holiday. The XLC ETF slipped 0.1% as Meta and Alphabet also declined, while Disney and Netflix gained. U.S. markets will reopen Tuesday, with investors watching for media deal headlines and Fed minutes.
Industrial stocks get a CPI breather; what XLI’s Friday close says for next week

Industrial stocks get a CPI breather; what XLI’s Friday close says for next week

U.S. industrial stocks rose Friday after January CPI data came in below forecasts, with the XLI ETF up 0.8% at $174.17. Caterpillar gained 2.1%, GE 2.7%, and Boeing 1.5%, while Union Pacific slipped 1.3%. The broader market ended lower as tech stocks lagged. The next trading session is Tuesday after the Presidents Day holiday.
Big Tech stocks wobble as Apple, Nvidia slide on AI angst; what to watch before Tuesday

Big Tech stocks wobble as Apple, Nvidia slide on AI angst; what to watch before Tuesday

Apple fell 2.3% and Nvidia dropped 2.2% Friday as Big Tech stocks ended mostly lower, capping a volatile week marked by an “AI scare trade” and renewed scrutiny of tech spending. U.S. inflation cooled to 2.4% in January, but failed to steady tech shares. Markets close Monday for Washington’s Birthday and reopen Tuesday. Nvidia’s earnings on Feb. 25 are the next major event.
Cloud Computing Stocks Rebound as CPI Cools — What to Watch Before Palo Alto Earnings

Cloud Computing Stocks Rebound as CPI Cools — What to Watch Before Palo Alto Earnings

First Trust Cloud Computing ETF (SKYY) jumped 2.5% to $114.26 Friday, outperforming a weaker Nasdaq as U.S. inflation data came in below forecasts and Treasury yields fell. Peers CLOU and WCLD also gained over 2%. U.S. markets close Monday for Washington’s Birthday. Palo Alto Networks reports earnings Tuesday after the bell.
Goldman Sachs stock in focus after top lawyer quits over Epstein disclosures

Goldman Sachs stock in focus after top lawyer quits over Epstein disclosures

Goldman Sachs chief legal officer Kathy Ruemmler resigned after U.S. Justice Department documents revealed she accepted gifts from Jeffrey Epstein and advised him on media strategy. Goldman shares closed at $905.14, up 0.07%, following a volatile week. Ruemmler will retire effective June 30, 2026, according to an SEC filing. U.S. markets will be closed Monday for Presidents Day.
14 February 2026
Gold price jumps back above $5,000 after softer U.S. inflation — what traders watch next

Gold price jumps back above $5,000 after softer U.S. inflation — what traders watch next

Gold surged 2.1% to $5,022.06 an ounce Friday after U.S. inflation data raised bets on Federal Reserve rate cuts, reversing Thursday’s sharp drop below $5,000. Silver climbed 3.4% to $77.70. U.S. interest-rate futures now price nearly 70% odds of a Fed cut in June. Indian dealers switched to discounts as high prices dampened demand, while China’s central bank added gold for a 15th month.
14 February 2026
Oil stocks brace for OPEC+ April output decision after Exxon slips, refiners climb

Oil stocks brace for OPEC+ April output decision after Exxon slips, refiners climb

OPEC+ is considering restarting oil output hikes from April, with eight producers meeting March 1. Brent crude settled up 0.3% at $67.75 Friday, but both Brent and WTI posted weekly losses. U.S. markets close Monday for Presidents Day. Washington eased some Venezuela energy sanctions, allowing Chevron and others to operate under new Treasury rules.
Chip stocks brace for holiday week: Applied Materials surges, Nvidia slides — what to watch next

Chip stocks brace for holiday week: Applied Materials surges, Nvidia slides — what to watch next

Applied Materials forecast second-quarter revenue of about $7.65 billion and adjusted profit above estimates, sending its shares up over 10% Friday and lifting Lam Research and KLA. The Philadelphia SE Semiconductor index rose 0.66%. Nvidia and Broadcom fell despite the sector rally. The Nasdaq slipped 0.22% while the S&P 500 edged up 0.05% as investors weighed inflation data and rate-cut bets.
Dow Jones at 49,500 after softer CPI — what to watch before Wall Street’s next session

Dow Jones at 49,500 after softer CPI — what to watch before Wall Street’s next session

The Dow closed up 48.95 points at 49,500.93 Friday but posted a 1.2% weekly drop, its biggest since November. January’s core CPI rose 0.3%, the smallest annual gain in nearly five years, sending the 10-year Treasury yield down to 4.05%. Traders now see a 52.3% chance of a Fed rate cut in June. The NYSE will be closed Monday for Washington’s Birthday.

Stock Market Today

  • Embracer to Spin Off Fellowship Entertainment with Nasdaq Stockholm Listing in 2027
    May 20, 2026, 6:53 AM EDT. Embracer Group, the owner of the Lord of the Rings intellectual property, announced plans to spin off its legacy IPs including Tomb Raider into a separate entity, Fellowship Entertainment, targeting a Nasdaq Stockholm listing in 2027. The move aims to unlock value from assets considered among the industry's most undervalued, according to Chair Lars Wingefors. Fellowship will focus on publishing, licensing and brand development, incorporating notable properties such as Lord of the Rings, The Hobbit, and Dark Horse comics IP. Current Embracer CEO Phil Rogers will lead Fellowship, while Embracer shifts focus to mobile, PC/console games, and distribution. The spin-off follows successful separations of Asmodee and Coffee Stain, part of Embracer's broader post-pandemic restructuring strategy.

Latest articles

Micware Shares Swing Pre-Market After 26% Drop on Nasdaq Debut

Micware Shares Swing Pre-Market After 26% Drop on Nasdaq Debut

20 May 2026
Micware shares jumped 97.7% to $9.33 in premarket U.S. trading Wednesday, rebounding above last week’s $8 IPO price after closing Tuesday at $4.72. A new SEC filing showed Toyota owns 11.6% of Micware’s ordinary shares. The Japanese automotive software firm raised $22.8 million in its Nasdaq debut last week.
Dow edges up while Nasdaq falls as bond worries drag on

Futures Edge Higher Ahead of Nvidia Earnings as Wall Street Watches Key Report

20 May 2026
Nasdaq 100 futures rose 0.73% and S&P 500 futures gained 0.35% ahead of Wednesday’s open, with Nvidia set to report earnings after the close. Options markets priced in a 6.5% swing for Nvidia, equal to about $355 billion in market value. In premarket trading, Nvidia shares rose 1.84%, while Micron, Intel, and AMD also advanced. Fed minutes are due at 2:00 p.m. EDT.
Houston Outages Persist as CenterPoint Crews Start Work

Houston Outages Persist as CenterPoint Crews Start Work

20 May 2026
Bear Creek homeowners in Houston report repeated power outages and surges damaging electronics and medication, prompting some to install backup generators. CenterPoint Energy said it will send crews Wednesday to investigate. The complaints come as storms threaten the area and hurricane season approaches. Residents say outages occur even in calm weather and have tracked incidents for over a year.
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