Today: 21 May 2026

Confluent stock hugs IBM’s $31 bid — here’s what investors watch next week

Confluent stock hugs IBM’s $31 bid — here’s what investors watch next week

Confluent shares closed at $30.57 Friday, 43 cents below IBM’s $31-per-share cash offer, ahead of key events next week. The company will report earnings Feb. 11 without a call or outlook, and shareholders vote on the merger Feb. 12. Confluent disclosed 17 demand letters and two lawsuits over proxy disclosures but denies wrongdoing. The IBM deal values Confluent at $11 billion.
7 February 2026
BitMine Immersion (BMNR) stock whipsaws with ether — what to watch before Monday

BitMine Immersion (BMNR) stock whipsaws with ether — what to watch before Monday

BitMine Immersion Technologies shares rose 16.8% to $20.32 Friday after a 14.3% drop Thursday, tracking sharp swings in ether and bitcoin. Trading volume hit 54 million shares. The company held over 4.2 million ether and 193 bitcoin as of Feb. 1, with nearly 2.9 million ether staked, according to an SEC filing. Crypto price moves over the weekend are expected to drive Monday’s open.
7 February 2026
Coherent stock whiplash: COHR jumps after earnings drop — what to watch next week

Coherent stock whiplash: COHR jumps after earnings drop — what to watch next week

Coherent Corp shares jumped 8.8% to $227.68 Friday, rebounding after a two-day slide following its quarterly results. The company reported December-quarter revenue of $1.69 billion and non-GAAP earnings of $1.29 a share, with datacenter and communications driving 72% of sales. Barclays, Stifel, and JPMorgan raised price targets to $235–$245. FMR LLC disclosed a 15% stake as of Dec. 31.
Palo Alto Networks stock snaps back after sharp slide as NextWave overhaul lands before earnings

Palo Alto Networks stock snaps back after sharp slide as NextWave overhaul lands before earnings

Palo Alto Networks shares closed up 2.9% at $159.32 on Friday, recovering part of Thursday’s 7.2% drop. The company announced a revamped NextWave partner program focused on bundled security platforms. Software stocks rebounded with the broader market after heavy losses earlier in the week. Investors await Palo Alto’s Feb. 17 earnings for signs of demand and margins.
MPWR stock jumps to a new high: what to know after Monolithic Power Systems’ upbeat outlook

MPWR stock jumps to a new high: what to know after Monolithic Power Systems’ upbeat outlook

Monolithic Power Systems shares jumped 6.4% to $1,229.82, hitting a 52-week high after reporting Q4 revenue of $751.2 million and raising its dividend to $2.00 per share. The company forecast March-quarter revenue of $770–$790 million and announced CFO Bernie Blegen will retire, with Rob Dean as interim CFO. Needham raised its price target to $1,300.
Nebius (NBIS) stock jumps 16% into weekend as AI trade whipsaws; earnings next week in focus

Nebius (NBIS) stock jumps 16% into weekend as AI trade whipsaws; earnings next week in focus

Nebius shares jumped 16.6% to $86.10 on Friday, rebounding from a 10.3% drop Thursday. The company will report fourth-quarter and full-year 2025 results before the market opens on Feb. 12. U.S. jobs and inflation data are due next week after a delay from a government shutdown. Recent swings in Nebius stock followed volatility in AI-linked tech names after Alphabet’s spending update.
AST SpaceMobile stock bounces late Friday as AT&T plays down Amazon Leo threat and a new 2x short ETF hits tape

AST SpaceMobile stock bounces late Friday as AT&T plays down Amazon Leo threat and a new 2x short ETF hits tape

AST SpaceMobile shares jumped 9.1% to $101.79 Friday after a volatile week, with 15.9 million shares traded. AT&T said it will use Amazon Leo’s satellite network to reach business customers outside its terrestrial footprint but stated this will not affect its partnership with AST. A new 2x short ETF tied to ASTS, ticker ASTN, began trading on Cboe. AST’s next “BlueBird 7” satellite launch is set for late February on Blue Origin’s New Glenn.
Super Micro (SMCI) stock jumps, but SEC filing flags margin squeeze and customer concentration

Super Micro (SMCI) stock jumps, but SEC filing flags margin squeeze and customer concentration

Super Micro Computer shares jumped 11.4% to $34.38 Friday, then slipped 0.9% after hours. Quarterly sales rose 123% to $12.68 billion, but gross margin dropped to 6.3%. Tariff costs, inventory write-downs, and dependence on a single customer weighed on results. The company disclosed an SEC subpoena and a March 12 court date in a securities case.

Stock Market Today

  • Pennington Partners Boosts Broad Market Bet with $5.4M Vanguard Russell 3000 ETF Purchase
    May 21, 2026, 4:29 PM EDT. Pennington Partners & Co. increased its holding in Vanguard Russell 3000 ETF (NASDAQ: VTHR) by 17,870 shares, valued at $5.4 million in Q1 2026. The stake now accounts for 6.3% of Pennington's $5.8 billion assets under management (AUM) and ranks fourth among its top holdings. VTHR tracks the Russell 3000 Index, offering diversified exposure to nearly the entire U.S. equity market across large, mid, and small-cap companies. With a 0.06% expense ratio and a 1.05% dividend yield, VTHR posted a 26% one-year return, slightly trailing the S&P 500. Pennington's increased investment signals confidence in the broad U.S. equity market, emphasizing diversification over sector-specific bets.

Latest articles

QuantumScape Stock Jumps 9% as a Risky Battery Bet Gets Fresh Momentum

QuantumScape Stock Jumps 9% as a Risky Battery Bet Gets Fresh Momentum

21 May 2026
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.
SpaceX’s Giant Starship V3 Launch Faces Its Biggest Test Yet

SpaceX’s Giant Starship V3 Launch Faces Its Biggest Test Yet

21 May 2026
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.
Ambev Shares Approach Year High in Brazil as Beer Margins Hold

Ambev Shares Approach Year High in Brazil as Beer Margins Hold

21 May 2026
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.
Go toTop