Today: 23 May 2026

SpaceX buys Musk’s xAI in record $1.25 trillion deal as space stocks jump premarket

SpaceX buys Musk’s xAI in record $1.25 trillion deal as space stocks jump premarket

SpaceX acquired xAI, valuing the combined company at $1.25 trillion, according to sources. U.S.-listed space stocks rose in premarket trading after the news. xAI investors will receive 0.1433 SpaceX shares per xAI share, with some executives able to cash out at $75.46 per share. Attention has shifted to the timing of SpaceX’s IPO, which could come as soon as June.
Epstein files spark fresh Wall Street question: which stocks could feel the heat?

Epstein files spark fresh Wall Street question: which stocks could feel the heat?

Tesla shares fell about 2% and Microsoft dropped 1.6% in early premarket trading Tuesday after new Justice Department disclosures tied to Jeffrey Epstein. Prosecutors withdrew thousands of files following redaction errors that exposed victims’ identities. JPMorgan Chase and Barclays, also linked to Epstein, saw premarket gains but face ongoing litigation. A court conference on the records is scheduled for Wednesday.
Liminatus Pharma (LIMN) jumps in premarket after late-session spike as Nasdaq $1 rule hangs over shares

Liminatus Pharma (LIMN) jumps in premarket after late-session spike as Nasdaq $1 rule hangs over shares

Liminatus Pharma shares jumped 29.4% to $0.74 in premarket trading Tuesday after surging 64.6% to $0.94 in Monday’s after-hours session. The stock remains below the $1 minimum required for Nasdaq listing, with the company facing a July 14, 2026 deadline to regain compliance. Liminatus disclosed it received a Nasdaq deficiency notice in January. Market cap stood near $15.5 million.
3 February 2026
Las Vegas Sands stock near $56 before the bell as Macau gaming, dividend clock grab focus

Las Vegas Sands stock near $56 before the bell as Macau gaming, dividend clock grab focus

Las Vegas Sands shares held at $55.64 in Tuesday’s premarket after a 5.5% surge Monday. Macau’s January casino revenue jumped 24% year-over-year to $2.79 billion, outpacing forecasts. The stock goes ex-dividend Feb. 9, with a 30-cent payout set for Feb. 18. CEO Robert Goldstein received over 130,000 shares through vested awards last week, SEC filings show.
3 February 2026
TeraWulf (WULF) stock edges up premarket after Kentucky and Maryland power-site deals

TeraWulf (WULF) stock edges up premarket after Kentucky and Maryland power-site deals

TeraWulf shares rose 0.5% to $13.44 premarket after announcing two U.S. infrastructure acquisitions aimed at expanding bitcoin mining and high-performance computing. The Hawesville deal closed Feb. 2 for $200 million, with the seller taking a 6.8% stake in the data center project. The Morgantown acquisition awaits federal approval. TeraWulf’s infrastructure portfolio now totals about 2.8 GW across five sites.
Fusemachines stock jumps on IBM-partner deal — FUSE price action to watch before the bell

Fusemachines stock jumps on IBM-partner deal — FUSE price action to watch before the bell

Fusemachines shares fell 1.5% to $2.66 in premarket trading Tuesday after soaring 70.9% the previous session. The company announced a partnership with ModulAIre to deliver its AI Studio platform to enterprise clients using IBM systems. A filing showed Consilium Extended Opportunities Fund LP owns 13.61% of Fusemachines’ stock. Trading volume Monday exceeded 198 million shares.
3 February 2026
Sandisk stock price: why SNDK is moving again today after a 15% jump

Sandisk stock price: why SNDK is moving again today after a 15% jump

Sandisk shares rose 2.9% in premarket trading Tuesday after a 15.4% surge Monday, last changing hands at $684.17. The company reported fiscal Q2 revenue of $3.03 billion, up 61% year over year, and forecast Q3 revenue between $4.40 billion and $4.80 billion. Traders cited tight memory supply and AI-driven demand as key factors. Sandisk will report next earnings on April 29.
3 February 2026
Lumentum stock jumps into earnings day as LITE traders brace for after-bell report

Lumentum stock jumps into earnings day as LITE traders brace for after-bell report

Lumentum shares surged 8.1% Monday to $423.42 ahead of its fiscal Q2 earnings due after Tuesday’s close. Wall Street expects adjusted EPS of $1.40 and revenue near $646.7 million. Morgan Stanley raised its price target to $350 but kept an equal-weight rating. Investors are watching for signals on data-center demand and guidance during the 5 p.m. ET call.
Corning stock steadies before U.S. open after JPMorgan sticks with Overweight, insider sale disclosed

Corning stock steadies before U.S. open after JPMorgan sticks with Overweight, insider sale disclosed

Corning stock held near $110.36 in early Tuesday trading after a 6.9% surge Monday. JPMorgan reiterated its Overweight rating and $115 target, citing strong LCD panel trends. Retired president Eric Musser sold 25,000 shares Monday, leaving him with 19,926, according to an SEC filing. Meta’s multi-year deal with Corning, valued up to $6 billion, will expand fiber production in North Carolina.
3 February 2026
Brent price holds near $66 after Monday slide as OPEC+ stands pat and Iran talks loom

Brent price holds near $66 after Monday slide as OPEC+ stands pat and Iran talks loom

Brent crude recovered to $66.37 a barrel Tuesday after hitting a one-week low of $65.19, as traders weighed U.S.-Iran nuclear talks and OPEC+’s decision to keep March output steady. A new U.S.-India trade deal, requiring India to halt Russian oil purchases, added uncertainty to global crude flows. The dollar strengthened after Trump nominated Kevin Warsh as Fed chair. Russian officials said demand should rise in March and April.
3 February 2026
US economic calendar today: Shutdown scrubs key labor data as Wall Street leans on Fed talk, Treasury plans

US economic calendar today: Shutdown scrubs key labor data as Wall Street leans on Fed talk, Treasury plans

The partial U.S. government shutdown has delayed the January jobs report and December JOLTS data, clearing Tuesday’s economic calendar. S&P 500 and Nasdaq 100 futures rose modestly in premarket trading, while Treasuries slipped. Teradyne and Palantir jumped after strong forecasts. Richmond Fed President Tom Barkin is set to speak at 8 a.m. ET.
Oil prices slip again as U.S.-Iran talks loom and the dollar firms; Brent near $66

Oil prices slip again as U.S.-Iran talks loom and the dollar firms; Brent near $66

Brent crude fell 15 cents to $66.15 a barrel Tuesday, while U.S. WTI slipped 8 cents to $62.06, after both benchmarks dropped over $3 Monday following Donald Trump’s remarks on U.S.-Iran talks. India’s Russian oil imports fell 22% in December to a two-year low as sanctions tightened, with OPEC’s share of Indian imports rising to 53.2%. Russia’s Deputy PM Novak said global demand should pick up in March and April.
3 February 2026

Stock Market Today

  • Q1 Earnings Review: The Ensign Group (ENSG) Trails Healthcare Providers & Services Peers
    May 22, 2026, 11:54 PM EDT. Healthcare providers & services stocks delivered a solid Q1, with revenues beating estimates by 1.4% and shares rising 9.6% on average. The Ensign Group (NASDAQ:ENSG) reported $1.39 billion in revenue, up 18.4% year-over-year but missing analyst expectations by 8.4%. ENSG's stock fell 4.9% post-earnings, marking the weakest performance among its peers. Sector challenges include high operational costs and reimbursement pressures, yet an aging population and healthcare digitization provide growth opportunities. CEO Barry Port emphasized the company's focus on quality care and managing complex patient cases. Despite ENSG's miss, the sector outlook remains cautiously optimistic amid ongoing regulatory and labor headwinds.

Latest articles

Dow Hits Record Close; All Eyes Turn to Holiday-Week Trading

Dow Hits Record Close; All Eyes Turn to Holiday-Week Trading

23 May 2026
The Dow closed at a record 50,579.70 on Friday, while the S&P 500 notched its eighth straight weekly gain. After-hours trading saw SPY, QQQ, DIA, and IWM all move lower. U.S. markets will be closed Monday for Memorial Day. Investors await Thursday’s inflation data.
IREN Stock Pauses as Nvidia Rally Cools Before Holiday

IREN Stock Pauses as Nvidia Rally Cools Before Holiday

23 May 2026
IREN shares fell 2.1% to $56.83 Friday, ending a two-day rally but closing the week up 7.4%. The stock’s moves follow a $3.4 billion AI cloud deal with Nvidia and a $3 billion convertible note offering. March-quarter revenue dropped to $144.8 million, with a net loss of $247.8 million. U.S. markets close Monday for Memorial Day; trading resumes Tuesday.
AXT stock reaches record; investors weigh risk to rally

AXT stock reaches record; investors weigh risk to rally

23 May 2026
AXT shares jumped 16.37% to $140.83 on Friday, hitting a 52-week high and trading above all recent analyst targets. The surge followed strong demand for AI-linked optical networking hardware and a sharp rise in indium phosphide orders. First-quarter revenue climbed to $26.9 million, with gross margin turning positive. Management forecast Q2 profitability and a backlog over $100 million.
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