Today: 22 May 2026

Marvell Technology stock slips as Celestial AI deal dilution meets a wider chip selloff

Marvell Technology stock slips as Celestial AI deal dilution meets a wider chip selloff

Marvell Technology shares fell about 2% to $74.06 Wednesday after the company closed its $1 billion acquisition of Celestial AI and warned of higher short-term costs and share dilution. Marvell issued over 24 million unregistered shares for the deal and may issue more if revenue targets are met. Investors are watching for signs of demand and integration ahead of the company’s earnings report.
Qualcomm stock price rises ahead of earnings — what QCOM investors watch after the bell

Qualcomm stock price rises ahead of earnings — what QCOM investors watch after the bell

Qualcomm shares rose 2.8% to $151.33 Wednesday afternoon ahead of its fiscal first-quarter earnings report, bucking a 3.6% drop in the iShares Semiconductor ETF. Wall Street expects $12.13 billion in revenue and $3.39 adjusted EPS for the December quarter. Trading volume in Qualcomm surpassed its 50-day average. Investors are watching for guidance on handset demand and profit margins.
AT&T stock rises on Amazon cloud-satellite tie-up as traders eye fiber rollout

AT&T stock rises on Amazon cloud-satellite tie-up as traders eye fiber rollout

AT&T shares rose 1.5% to $27.22 after announcing a deeper partnership with Amazon Web Services to move network workloads to the cloud and expand broadband via Amazon’s satellites. The move follows AT&T’s $5.75 billion acquisition of Lumen’s fiber business, adding over 1 million subscribers. Wall Street awaits cost details, with more information expected at Mobile World Congress in March.
AbbVie stock drops after Rinvoq sales miss, even as 2026 profit forecast tops estimates

AbbVie stock drops after Rinvoq sales miss, even as 2026 profit forecast tops estimates

AbbVie shares fell 2.5% to $219.98 Wednesday after Rinvoq sales missed forecasts, despite the company raising its 2026 profit outlook. Q4 adjusted earnings reached $2.71 per share on $16.618 billion revenue; Skyrizi sales rose 32.5%, while Humira dropped 25.9%. AbbVie announced a three-year Medicaid pact with the Trump administration and pledged $100 billion in U.S. investments.
Lear stock jumps 11% as Q4 results, 2026 cash-flow guide put buybacks back in focus

Lear stock jumps 11% as Q4 results, 2026 cash-flow guide put buybacks back in focus

Lear Corp shares surged 11% to $132.94 after posting a 5% rise in Q4 revenue to $6.0 billion and raising its 2026 outlook. Adjusted EPS climbed to $3.41, but free cash flow fell to $281 million. The company projects 2026 sales of up to $24.01 billion and free cash flow up to $650 million. Other auto-parts stocks also rallied, with Adient up nearly 12%.
AST SpaceMobile (ASTS) stock slides as AT&T taps Amazon Leo for satellite broadband

AST SpaceMobile (ASTS) stock slides as AT&T taps Amazon Leo for satellite broadband

AST SpaceMobile shares fell 10% to $103.73 after AT&T announced a new satellite broadband partnership with AWS and Amazon Leo, focused on business customers. Trading volume topped 15.9 million shares. The drop followed investor concerns over AT&T’s commitment to AST’s direct-to-phone satellite plans. AST’s next satellite launch is scheduled for late February.
4 February 2026
Pizza Hut to Close 250 U.S. Stores as Yum’s ‘Hut Forward’ Reset Kicks In

Pizza Hut to Close 250 U.S. Stores as Yum’s ‘Hut Forward’ Reset Kicks In

Yum Brands will close about 250 underperforming Pizza Hut locations in the U.S. by mid-2026 as part of its “Hut Forward” turnaround plan. Pizza Hut’s U.S. same-store sales dropped 3% in the fourth quarter and 5% for 2025. Executives said the strategic review could lead to a sale of the chain. Pizza Hut ended 2025 with 19,974 global locations, down from 20,225 a year earlier.
4 February 2026
Carlisle stock jumps 11% after earnings beat and $1 billion buyback plan

Carlisle stock jumps 11% after earnings beat and $1 billion buyback plan

Carlisle Companies’ shares rose 10.7% to $394 after beating Q4 profit estimates and forecasting low single-digit revenue growth with a 0.50-point margin boost for 2026. Management expects a weak first quarter and flat second quarter, but stronger results in the second half. Q4 revenue was $1.13 billion; adjusted EPS fell to $3.90 from $4.47. The company announced up to $1 billion in buybacks for 2026.
Fortive stock jumps on upbeat 2026 profit view after Q4 beat, buybacks

Fortive stock jumps on upbeat 2026 profit view after Q4 beat, buybacks

Fortive shares jumped 12.4% to $61.07 after the company forecast 2026 adjusted earnings of $2.90 to $3.00 per share, topping analyst estimates. Fourth-quarter adjusted EPS reached $0.90 on $1.12 billion in revenue, with automation segment sales up 5.3%. About 8.5 million shares traded by midafternoon. Management will present at Citi and Barclays industrial conferences later this month.
4 February 2026
NXP stock rebounds in regular trade as CEO pitches ‘physical AI’ after earnings whipsaw

NXP stock rebounds in regular trade as CEO pitches ‘physical AI’ after earnings whipsaw

NXP Semiconductors shares rose about 2% Wednesday to $225.03, rebounding after a 4.5% drop the previous session. The move followed a first-quarter revenue forecast of $3.05–$3.25 billion, above analyst expectations. CEO Rafael Sotomayor cited “physical AI” as a growth driver for industrial chips. BofA Securities cut its price target to $245 but maintained a buy rating.
TransDigm (TDG) stock falls again as Baird downgrade keeps pressure on share price

TransDigm (TDG) stock falls again as Baird downgrade keeps pressure on share price

TransDigm shares fell 2.3% to $1,271.89 Wednesday after Baird downgraded the stock and cut its price target to $1,400. The company reported a 14% rise in net sales to $2.285 billion for the fiscal first quarter, but net income dropped nearly 10% to $445 million due to higher interest expenses. TransDigm raised its 2026 profit forecast but kept the midpoint below analyst expectations.
4 February 2026
Powell Industries stock jumps on strong profit, $1.6 billion backlog and new dividend boost

Powell Industries stock jumps on strong profit, $1.6 billion backlog and new dividend boost

Powell Industries shares jumped 14.5% to $519.02 after reporting fiscal Q1 net income of $41.4 million and revenue of $251.2 million. The company booked $439 million in new orders, closing the quarter with a $1.6 billion backlog. Powell raised its quarterly dividend to $0.27 per share, payable March 18 to shareholders on record Feb. 18.
Boston Scientific stock price skids as key heart-rhythm sales miss jolts BSX

Boston Scientific stock price skids as key heart-rhythm sales miss jolts BSX

Boston Scientific shares fell 15% to $77.83 after quarterly electrophysiology sales missed Wall Street estimates, with Q4 revenue in that segment at $890 million versus a $933 million consensus. Analysts flagged fresh doubts about growth in electrophysiology and Watchman devices. The stock’s drop marked its sharpest one-day decline in over 25 years. Investors await Watchman “CHAMPION” trial data at the ACC.26 meeting in March.
4 February 2026
Eaton (ETN) stock slips after cautious 2026 outlook — here’s what investors are watching

Eaton (ETN) stock slips after cautious 2026 outlook — here’s what investors are watching

Eaton shares fell 0.9% to $359.17 Wednesday after the company’s 2026 profit forecast missed Wall Street estimates. Data-center orders in Electrical Americas surged 200% in Q4, but first-quarter margin guidance came in below expectations. Management confirmed plans to spin off the mobility business. Fourth-quarter adjusted EPS reached a record $3.33 on $7.1 billion in sales.

Stock Market Today

  • Companies Persist in Prediction Market Investments Despite Legal Uncertainty
    May 22, 2026, 12:07 PM EDT. Prediction market companies continue to invest amid ongoing legal disputes between states and the Commodity Futures Trading Commission (CFTC) over regulatory authority. Platforms like Kalshi, Polymarket, Coinbase, and Robinhood face challenges in 17 states, with some states classifying these markets as gambling driven by sports event contracts, while the CFTC claims jurisdiction under derivatives laws. Congressional scrutiny is increasing, as House Oversight Chairman James Comer seeks information on insider trading measures. Despite unresolved legal questions, executives from firms such as Flutter Entertainment and DraftKings express long-term confidence, citing growth opportunities and continued investment strategies. Rising private valuations underscore sustained investor interest in the sector, highlighting a growing but unsettled market landscape.

Latest articles

Navitas Stock Up Again as Market Looks at AI Power Trade

Navitas Stock Up Again as Market Looks at AI Power Trade

22 May 2026
Navitas Semiconductor shares jumped 16.33% to $28.36 on Friday, following an 18.32% surge Wednesday ahead of its PCIM 2026 showcase. The company reported Q1 revenue of $8.6 million, up 18% from the prior quarter but down from $14 million a year ago. Navitas plans to demonstrate new high-efficiency power boards for AI data centers. Analysts say breakeven may require quarterly sales above $30 million.
Qualcomm Shares Surge 13% After Stellantis Deal Announced

Qualcomm Shares Surge 13% After Stellantis Deal Announced

22 May 2026
Qualcomm shares jumped 12.7% to $240.44 after Stellantis expanded a multi-year deal to use Snapdragon chips in cockpit, connectivity, and driver-assistance systems. The agreement includes the Ride Pilot platform for Level 2+ hands-free driving. Analysts remain divided, with price targets ranging from $150 to $300 and a broad Hold consensus. Qualcomm reported record automotive chip revenue and 20% growth in automotive and IoT segments.
Dutch Regulator Moves on Gas Bills, Fine Print Surprises Consumers

Dutch Regulator Moves on Gas Bills, Fine Print Surprises Consumers

22 May 2026
Dutch regulator ACM has barred energy suppliers from raising prices mid-term on fixed gas contracts to cover future green-gas and EU carbon costs. Budget Thuis, Delta Energie, Innova Energie, Mega, and Vattenfall had clauses allowing such increases, with potential annual extras up to €326 for some households. The EU’s ETS2 carbon market and Dutch green-gas rules take effect from 2027 and 2028.
Go toTop