Today: 22 May 2026

Silver price today: metal snaps back near $90 after brutal rout, with Fed and Iran risks in focus

Silver price today: metal snaps back near $90 after brutal rout, with Fed and Iran risks in focus

Comex March silver futures soared 6.9% to $89.07 an ounce in early New York trading Tuesday, rebounding sharply after last week’s record plunge. Renewed U.S.-Iran tensions and a reported drone incident near a U.S. carrier triggered safe-haven buying. Spot silver reached $90.34, up 6.1%. Traders await the ADP private payrolls report Wednesday as volatility persists.
FTSE 100 breaks 10,400 as Zurich-Beazley bid and GSK lift UK stocks ahead of BoE

FTSE 100 breaks 10,400 as Zurich-Beazley bid and GSK lift UK stocks ahead of BoE

FTSE 100 rose 1.0% to 10,418.51 by mid-morning Wednesday, with Beazley shares jumping nearly 9% after Zurich raised its takeover bid. GSK gained 2.3% on a positive long-term outlook. AI-linked stocks like RELX and LSEG fell again after recent tech sector jitters. Sterling hit a five-month high against the euro ahead of the Bank of England’s rate decision.
London Stock Exchange Group share price slides again as AI fears keep hitting LSEG stock

London Stock Exchange Group share price slides again as AI fears keep hitting LSEG stock

London Stock Exchange Group shares fell 1.8% to 7,048 pence by mid-morning, hovering near a 52-week low after a sharp two-day selloff in software and data stocks. The drop followed Anthropic’s launch of AI plug-ins, fueling fears over future subscription revenue. LSEG bought back over 253,000 shares on Feb. 3 at an average 7,685.36 pence each. Investors await Thursday’s Bank of England meeting amid continued volatility.
Australia stock market jumps as miners rally, tech gets slammed; Xero sinks

Australia stock market jumps as miners rally, tech gets slammed; Xero sinks

Australia’s S&P/ASX 200 closed up 0.8% at 8,927, lifted by miners and energy stocks as materials surged 3.6%. Technology shares plunged, with Xero down 15.9% and WiseTech Global off 10.7%. The Reserve Bank raised rates by 25 basis points to 3.85%, its first hike in two years. Neuren Pharmaceuticals entered a trading halt.
Digital Turbine stock jumps 20% premarket after outlook raise — what to watch at the open

Digital Turbine stock jumps 20% premarket after outlook raise — what to watch at the open

Digital Turbine shares surged about 20% to $5.93 in premarket trading after the company raised its full-year revenue and profit forecasts. Fiscal third-quarter revenue rose 12% to $151.4 million, with GAAP net income of $5.1 million. Debt fell by over $41 million to $355 million. Investors are watching if the rally holds at the open and how March-quarter demand develops.
UBS stock slides 5% after earnings as buyback and U.S. wealth outflows bite

UBS stock slides 5% after earnings as buyback and U.S. wealth outflows bite

UBS shares fell 5.2% to 35.16 Swiss francs in Zurich after the bank reported a 56% rise in fourth-quarter profit and announced a $3 billion share buyback for 2026. CFO Todd Tuckner warned outflows from the U.S. wealth unit will likely accelerate as advisers leave. UBS’s full-year net profit reached $7.8 billion. The bank’s capital return plans remain tied to pending Swiss regulatory changes.
S&P Global stock tumbled 11% on AI disruption fears — what to watch before earnings

S&P Global stock tumbled 11% on AI disruption fears — what to watch before earnings

S&P Global shares fell 11.3% premarket Wednesday to $468.21 after a broad selloff in data and analytics stocks, triggered by fears that new generative AI tools could erode pricing power. The company recently raised its dividend and confirmed plans to spin off its Mobility division, now branded as Mobility Global, Inc. Gartner, Intuit, and Equifax also dropped over 10%. The S&P 500 closed down 0.84% Tuesday.
Eli Lilly stock in focus before earnings after Novo warns on obesity-drug price squeeze

Eli Lilly stock in focus before earnings after Novo warns on obesity-drug price squeeze

Eli Lilly shares fell 0.5% to $998.50 in premarket trading Wednesday after a 4% drop Tuesday, following Novo Nordisk’s warning of up to a 13% drop in 2026 sales and profits. Novo cut prices and launched an oral Wegovy, while Lilly plans to cap higher-dose obesity drug prices at $399 per month for repeat cash buyers. Investors await Lilly’s Q4 results and comments on pricing and competition.
Bajaj Finserv profit stalls as India’s Q3 results rush hits Trent, Tata Power next

Bajaj Finserv profit stalls as India’s Q3 results rush hits Trent, Tata Power next

Bajaj Finserv’s December-quarter profit was nearly flat at 2,229 crore rupees, despite a 24% jump in revenue to 39,708 crore. Over 140 Indian firms, including Tata Power and Trent, are reporting earnings today. Markets steadied after recent gains, as IT stocks fell sharply. Emcure Pharmaceuticals’ profit rose 50%, while Westlife FoodWorld’s profit dropped 85%.
Enphase Energy stock jumps 23% premarket after outlook; tariffs and tax-credit clock back in focus

Enphase Energy stock jumps 23% premarket after outlook; tariffs and tax-credit clock back in focus

Enphase Energy shares jumped 23% to $45.98 in premarket trading after reporting Q4 revenue of $343.3 million and forecasting Q1 revenue between $270 million and $300 million. U.S. “sell-through” demand rose 21% from the previous quarter, while European revenue fell 29%. BMO raised its rating to “market perform” and set a $41 price target.
Chipotle stock eyes a volatile open after flat 2026 sales outlook and menu price hike plan

Chipotle stock eyes a volatile open after flat 2026 sales outlook and menu price hike plan

Chipotle shares rose 1.7% in premarket trading Wednesday after a 7% drop on its flat 2026 sales outlook and plans for a 1%–2% menu price hike. Fourth-quarter revenue reached about $3.0 billion, with comparable sales down 2.5% and transactions falling 3.2%. Restaurant-level operating margin dropped to 23.4% from 24.8%. Chipotle opened 132 new restaurants in the quarter.
SMCI stock steadies premarket after Super Micro lifts FY2026 sales outlook to $40 billion

SMCI stock steadies premarket after Super Micro lifts FY2026 sales outlook to $40 billion

Super Micro Computer raised its fiscal 2026 revenue forecast to at least $40 billion, up from $36 billion. Shares edged up 0.1% to $29.67 premarket after December-quarter sales hit $12.7 billion, but gross margin fell to 6.3% from 9.3%. Management cited tariffs, memory shortages, and rising costs as margin pressures. The company projects at least $12.3 billion in sales for the March quarter.

Stock Market Today

  • Scottish Mortgage Shares Surge on SpaceX IPO Hype and AI Investments
    May 22, 2026, 3:42 PM EDT. Scottish Mortgage Investment Trust (LSE: SMT) shares have soared 141% in 2023, driven by its significant holdings in emerging tech firms including Nvidia and SpaceX. SpaceX, valued at a target of $1.75 trillion ahead of its planned IPO on June 12, comprises about 20% of Scottish Mortgage's portfolio. The private nature of SpaceX has limited direct public investment opportunities, positioning Scottish Mortgage as a crucial exposure vehicle to the space industry. However, SpaceX reported $19 billion in revenue last year with a near 100 price-to-sales ratio, reflecting high valuation despite no overall profits. Its ventures into artificial intelligence via xAI and ambitious plans like colonizing Mars underline the high-risk, high-reward profile. Investors aware of these risks may find Scottish Mortgage attractive for innovative growth potential.

Latest articles

Hyliion shares climb after Navy trial spotlights KARNO tech

Hyliion shares climb after Navy trial spotlights KARNO tech

22 May 2026
Hyliion Holdings shares surged nearly 40% to over $6 Friday after a U.S. Navy sea-trial update on its KARNO generator platform and heavy trading volume. The company reported $2.8 million in Q1 revenue and a net loss of $11.7 million, with commercialization of its 200-kilowatt KARNO Power Module expected late this year.
Millrose shares back in focus as Dream Finders pushes Beazer deal

Millrose shares back in focus as Dream Finders pushes Beazer deal

22 May 2026
Millrose Properties shares rose to $27.65 Friday after Dream Finders Homes renewed its $25.75-a-share cash bid for Beazer Homes, which Beazer’s board rejected as too low. Millrose has offered to provide up to $500 million in land-banking capital if Dream Finders succeeds, backed by a Goldman Sachs letter. Beazer said the bid was a 38% discount to its reported book value. Millrose reported Q1 net income of $122.9 million.
Marathon Digital shares approach $14 after miner’s AI push draws Wall Street notice

Marathon Digital shares approach $14 after miner’s AI push draws Wall Street notice

22 May 2026
MARA Holdings shares climbed 3.25% to $13.99 Friday, outperforming as bitcoin fell 1.6% to $76,450. The move followed Wall Street gains ahead of Memorial Day and came without a new company release. Investors are weighing MARA’s shift from bitcoin mining to AI and data-center infrastructure. The company recently agreed to buy Long Ridge Energy & Power for $1.5 billion, pending regulatory approval.
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