Today: 22 May 2026

KLA (KLAC) stock price slides nearly 4% as chip-tool rally cools — what traders watch next

KLA (KLAC) stock price slides nearly 4% as chip-tool rally cools — what traders watch next

KLA shares fell 3.9% to $1,355.54 Tuesday, tracking a broader tech selloff, then showed little change after hours. Roughly 2.1 million shares traded as the stock swung over $120 intraday. The drop followed recent earnings and guidance, with investors cautious ahead of major tech results and delayed U.S. economic data. KLA is scheduled to appear at SEMICON Korea next week.
Visa stock price slips as China Visa Direct deal lands; V shares set up for next session

Visa stock price slips as China Visa Direct deal lands; V shares set up for next session

Visa shares fell 1.47% to $328.93 Tuesday, then held steady after-hours. The company announced Visa Direct will link with UnionPay International for cross-border payouts into China, launching in the first half of 2026. Daiwa Securities raised its rating to Outperform, keeping a $370 price target. Trading volume exceeded recent averages as investors digested the deal and analyst updates.
4 February 2026
Merck stock price rises after hours after choppy day — MRK traders focus on 2026 outlook and FDA dates

Merck stock price rises after hours after choppy day — MRK traders focus on 2026 outlook and FDA dates

Merck shares rose 2.2% in after-hours trading Tuesday, closing at $115.84 after the company’s 2026 revenue forecast missed Wall Street estimates. The drugmaker cited a $2.5 billion hit from patent expirations, Medicare price talks, and weaker COVID-19 pill sales. Investors are watching Keytruda demand, Gardasil’s China performance, and FDA decisions expected later in 2026.
PepsiCo stock jumps nearly 5% after-hours as snack price cuts and buyback plan land

PepsiCo stock jumps nearly 5% after-hours as snack price cuts and buyback plan land

PepsiCo shares rose 5% in after-hours trading Tuesday, closing at $162.85 after the company announced U.S. snack price cuts of up to 15%. Quarterly revenue and adjusted profit beat estimates, and PepsiCo reaffirmed its 2026 outlook. The company also unveiled a $10 billion buyback plan and raised its dividend 4% to $5.92 per share. North American beverage volumes slipped despite higher global prices.
4 February 2026
Lam Research stock price slips 3%: LRCX traders eye COO handover and new board pick

Lam Research stock price slips 3%: LRCX traders eye COO handover and new board pick

Lam Research shares fell 3.1% to $230.10 Tuesday, touching an intraday low of $226.88, before steadying after hours. Anirudh Devgan, CEO of Cadence, joined the board, and Seshasayee Varadarajan will become COO on March 6, according to an SEC filing. Other chip-equipment makers also declined. Lam recently announced a research pact with CEA-Leti and forecast Q3 revenue of $5.7 billion.
4 February 2026
S&P Global stock sinks 11% on AI disruption jitters — here’s what traders are watching next

S&P Global stock sinks 11% on AI disruption jitters — here’s what traders are watching next

S&P Global shares fell 11.3% to $468.21 Tuesday, with volume topping 6.7 million, after a sharp sell-off in data and analytics stocks triggered by renewed AI competition fears. Moody’s dropped 8.9% and MSCI slid 6.9%. Traders pointed to new AI tools from Anthropic as the catalyst. Investors are watching for S&P Global’s earnings and updates on its planned Mobility unit spin-off.
4 February 2026
AppLovin stock slides as AI disruption fears rattle tech — here’s what investors watch next

AppLovin stock slides as AI disruption fears rattle tech — here’s what investors watch next

AppLovin shares fell 4.4% to $461.79 in after-hours trading Tuesday, with the stock swinging between $448.70 and $493.50. Wall Street retreated as investors weighed AI’s impact on gaming and ad-tech, and the Nasdaq dropped 1.43%. AppLovin will report Q4 and full-year 2025 earnings on Feb. 11, amid an ongoing SEC probe into its data-collection practices.
Chevron stock price hits a fresh 52-week high as oil firms; what CVX investors watch next

Chevron stock price hits a fresh 52-week high as oil firms; what CVX investors watch next

Chevron shares rose 2.3% to $178.04 Tuesday, hitting a 52-week high as oil prices jumped after U.S.-Iran tensions near the Strait of Hormuz. Trading volume topped 18.2 million shares, well above average. A Form 144 filing showed plans to sell 45,800 shares worth about $8 million. Chevron’s Venezuelan crude exports climbed to 220,000 barrels per day in January, up from 99,000 in December.
Intuit stock drops 11% after-hours as AI disruption fears spread — what investors watch next

Intuit stock drops 11% after-hours as AI disruption fears spread — what investors watch next

Intuit shares plunged 10.9% to $434.09 in after-hours trading Tuesday, after falling 11% during the session. The S&P 500 software and services index dropped 3.8%, with Salesforce, Datadog, Adobe, Synopsys, and Atlassian also down sharply. The Nasdaq Composite lost 1.4%. Analysts cited aggressive repricing of software stocks as AI offerings from Anthropic raised concerns over future growth and competition.
Lumentum stock jumps after earnings beat, AI optics demand lifts outlook

Lumentum stock jumps after earnings beat, AI optics demand lifts outlook

Lumentum Holdings shares jumped 3% after hours Tuesday, closing at $435.10, after adjusted earnings of $1.67 per share and $665.5 million revenue beat estimates. The company forecast March-quarter revenue up to $830 million and reported an optical-switch backlog over $400 million. Shares swung sharply after the report, following a volatile session for tech stocks.
Teradyne stock price jumps after Q4 beat, AI test demand lifts outlook

Teradyne stock price jumps after Q4 beat, AI test demand lifts outlook

Teradyne shares surged 13% to $282.98 in after-hours trading Tuesday after posting fourth-quarter revenue of $1.083 billion and adjusted EPS of $1.80, both above analyst estimates. The company forecast first-quarter revenue between $1.15 billion and $1.25 billion, citing strong AI-driven demand. Trading volume reached 11.8 million shares. Several brokers raised price targets following the results.
IBM stock price slides after-hours as AI disruption fears rattle software and consulting shares

IBM stock price slides after-hours as AI disruption fears rattle software and consulting shares

IBM shares fell 6.5% to $294.31 in after-hours trading Tuesday, erasing about $20 from the session’s high. The drop followed a broader selloff in software and services stocks after Anthropic launched new AI tools. Trading volume reached 11.5 million shares. IBM’s dividend record date is Feb. 10, with preliminary Q1 earnings due April 22.
Applied Materials stock drops 3% as tech selloff bites, with earnings and new analyst target in focus

Applied Materials stock drops 3% as tech selloff bites, with earnings and new analyst target in focus

Applied Materials shares fell 2.96% to $318.67 Tuesday, erasing Monday’s rally after Morgan Stanley raised its price target to $364. The stock is about 7.5% below its Jan. 29 high. Investors await the Feb. 12 earnings report and guidance update. Broader chip-equipment stocks also declined, with Lam Research and KLA both down over 3%.

Stock Market Today

  • S&P 500 Hits Longest Weekly Win Streak Since 2023 as Dow Reaches Record High
    May 22, 2026, 5:42 PM EDT. The S&P 500 achieved its longest weekly winning streak since 2023, while the Dow Jones Industrial Average climbed to a record high. Kevin Warsh was sworn in as the Federal Reserve chair, beginning a four-year term amid challenging economic conditions. Warsh inherits a Federal Reserve facing inflation pressures from geopolitical tensions and oil price shocks, with a stable labor market reducing the likelihood of interest rate cuts this year. President Trump emphasized Fed independence during the swearing-in ceremony, despite recent tensions between him and former Fed Chair Jerome Powell, whose term ended on May 15 but who remains on the Board of Governors.

Latest articles

Skyworks Stock Jumps 12% As Qorvo Deal Moves Into Debt-Swap Phase

Skyworks Stock Jumps 12% As Qorvo Deal Moves Into Debt-Swap Phase

22 May 2026
Skyworks Solutions shares jumped 12.1% to $82.42 Friday after launching exchange offers tied to its planned $22 billion merger with Qorvo. Qorvo rose 8.9% to $106.43. The exchange offer allows Qorvo noteholders to swap for Skyworks notes if the merger closes, expected in early 2027. The PHLX Semiconductor Index rose 1.99% as chip stocks rallied broadly.
rYojbaba Stock Jumps 149% on Nasdaq

rYojbaba Stock Jumps 149% on Nasdaq

22 May 2026
rYojbaba Co., Ltd. shares soared 148.8% to close at $5.00 on Nasdaq Friday, with trading volume topping 40.7 million shares—over three times its shares outstanding. The company reported a 19% drop in 2025 revenue and a 91% fall in net income, and recently replaced its CEO. No new operating news explained the surge. Rosen Law Firm is investigating possible securities claims.
Joby Aviation Shares Gain 5% as Air-Taxi Deadline Draws Attention

Joby Aviation Shares Gain 5% as Air-Taxi Deadline Draws Attention

22 May 2026
Joby Aviation shares closed up 5% at $10.92 Friday, with trading volume above average ahead of the Memorial Day market pause. The company reported its first FAA-conforming aircraft had flown and ended March with $2.5 billion in cash, but posted a $110 million net loss on $24 million in quarterly revenue. Joby targets its first passenger flights in 2026.
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