Today: 23 May 2026

Cadence Bank stock price: CADE turns into Huntington Bancshares shares after deal closes

Cadence Bank stock price: CADE turns into Huntington Bancshares shares after deal closes

Cadence Bank shares ceased trading after Huntington completed its $7.4 billion all-stock acquisition on Feb. 1, with each Cadence share converted into 2.475 Huntington shares. Huntington stock rose 0.7% premarket to $17.48, implying about $43.26 per Cadence share. Account conversions are set for mid-2026. Three former Cadence directors, including CEO Dan Rollins, join Huntington’s board.
Tesla stock slips premarket as Europe sales recovery stalls — what traders watch next

Tesla stock slips premarket as Europe sales recovery stalls — what traders watch next

Tesla shares fell about 2% in U.S. premarket trading Monday, after January registrations dropped 88% in Norway and 42% in France. Gains in Sweden and Denmark failed to offset declines. European market share for Tesla slipped 27% in 2025, according to official data. Investors are watching for further demand signals and upcoming U.S. data later this week.
Fifth Third stock ticks up premarket after Comerica merger closes — what FITB investors watch next

Fifth Third stock ticks up premarket after Comerica merger closes — what FITB investors watch next

Fifth Third Bancorp shares rose 0.8% premarket Monday after it completed its $10.9 billion all-stock acquisition of Comerica, creating the ninth-largest U.S. bank with $294 billion in assets. Comerica shares will be delisted, and three former Comerica directors join Fifth Third’s board. The company expects full system and brand conversions in the third quarter. Investors await combined financials and integration updates.
2 February 2026
US economic calendar today: ISM factory PMI ahead as S&P 500 futures slip, oil tumbles

US economic calendar today: ISM factory PMI ahead as S&P 500 futures slip, oil tumbles

S&P 500 futures dropped 0.5% and oil prices plunged 4.9% to $62.05 a barrel in early trading Monday as the U.S. entered a government shutdown. Gold fell 1.8% after CME Group raised margin requirements. Factory and PMI data are due this morning, with Friday’s jobs report in focus. Tesla and NVIDIA shares slipped about 1% premarket, while Oracle rose nearly 4%.
Verizon stock slips before market open as report flags possible shake-up in key consumer unit

Verizon stock slips before market open as report flags possible shake-up in key consumer unit

Verizon shares fell 0.6% to $44.25 in premarket trading Monday after reports the company is seeking candidates to replace consumer chief Sowmyanarayan Sampath. The dip follows an 11.8% surge Friday after Verizon announced strong 2026 guidance and a $25 billion buyback. No formal interviews or search firm engagement have occurred, according to the Financial Times. Investors are watching for leadership updates and the next earnings report in April.
2 February 2026
Plug Power stock dips premarket as share vote nears and reverse-split threat hangs over PLUG

Plug Power stock dips premarket as share vote nears and reverse-split threat hangs over PLUG

Plug Power shares fell 1.2% to $2.09 in premarket trading Monday as investors focus on a Feb. 5 shareholder vote to double authorized common shares. The company warned that if the proposal fails, it may pursue a reverse stock split. CEO Andy Marsh said Plug is close to approval but needs more proxies. Trading volume spiked Friday as the stock closed down 9.6%.
Huntington Bancshares stock wobbles in premarket as traders eye Cadence merger timing and index flows

Huntington Bancshares stock wobbles in premarket as traders eye Cadence merger timing and index flows

Huntington Bancshares slipped 0.3% to $17.42 in premarket trading Monday after gaining 1.1% Friday. The Cadence Bank merger is expected to close around Feb. 1, with FTSE Russell set to adjust index weights Feb. 2 if the deal completes. Investors remain focused on Huntington’s 2026 net interest income outlook and await final confirmation of the merger’s closing.
SoFi stock whipsaws after $1B quarter — what could move SOFI next this week

SoFi stock whipsaws after $1B quarter — what could move SOFI next this week

SoFi shares dropped 6.4% Friday to $22.81 after posting its first $1 billion revenue quarter and raising 2026 targets. The company reported Q4 net revenue of $1.025 billion and projected 2026 adjusted net revenue of $4.655 billion. Investors are watching credit trends and U.S. rate data this week amid concerns over lending risk and technology platform growth.
Lithium price slips again in China as Albemarle, SQM slide before the bell

Lithium price slips again in China as Albemarle, SQM slide before the bell

China’s battery-grade lithium carbonate prices fell to 154,434 yuan per ton Monday, with futures swinging between 132,400 and 152,800 yuan. U.S.-listed lithium producers Albemarle, SQM, and Lithium Americas dropped up to 10.5% in premarket trading. The Global X Lithium & Battery Tech ETF lost nearly 5%. Traders are watching for fresh demand signals from China and upcoming earnings reports.
Gold and silver prices tumble again after historic plunge as CME margin hike bites

Gold and silver prices tumble again after historic plunge as CME margin hike bites

Spot gold fell 3.2% to $4,708.19 an ounce Monday, extending losses after a record high last week, as higher margin requirements on futures triggered more selling. Spot silver dropped 3.4% to $81.65. Indonesian stocks slid 4.9% and Hong Kong’s Hang Seng lost 2.2% as the metals rout spilled into Asian equities. CME raised margin requirements on gold and silver contracts, effective after Monday’s close.
Gasoline prices today: RBOB futures slide more than 4% as Iran talk cools oil — what to watch next

Gasoline prices today: RBOB futures slide more than 4% as Iran talk cools oil — what to watch next

U.S. gasoline futures fell over 4% early Monday, tracking a sharp drop in crude after signs of easing tensions with Iran and a stronger dollar. NYMEX RBOB for March traded near $1.86 a gallon by 6:45 a.m. EST. U.S. pump prices held steady at $2.88 a gallon, according to AAA. Traders await Wednesday’s EIA petroleum report for inventory updates.
AI stocks slide premarket as Oracle lines up $50 billion raise and Nvidia-OpenAI deal doubts linger

AI stocks slide premarket as Oracle lines up $50 billion raise and Nvidia-OpenAI deal doubts linger

Oracle shares fell 2.6% premarket after announcing plans to raise up to $50 billion this year for AI cloud infrastructure, splitting funding between debt and equity. The move follows a bondholder lawsuit and rising credit-default swap costs. Nvidia, Microsoft, Meta, and AMD also traded lower before the open. Nasdaq 100 futures slipped 0.9% amid a broader selloff in gold and silver and news of Kevin Warsh’s Fed nomination.

Stock Market Today

  • Is Microchip Technology (MCHP) Overvalued After 71% Surge?
    May 23, 2026, 7:33 AM EDT. Microchip Technology's stock (MCHP) has surged 70.8% over the past year, closing recently at $93.43. Despite this strong performance, a Discounted Cash Flow (DCF) analysis indicates the stock is trading 36.2% above its estimated intrinsic value of $68.61, suggesting it may be overvalued. The DCF model projects free cash flow reaching $3.6 billion by 2031. While the semiconductor sector draws investor interest due to critical applications, valuation metrics like the DCF alert to potential premium pricing. Investors should weigh these valuation signals against market trends before buying in.

Latest articles

Gold Price Near $4,830 Faces Monday Test After Hormuz Reversal Revives Safe-Haven Risk

Gold Watch: $4,500 Level in Focus for Next Move

23 May 2026
Gold ended Friday at $4,508.50 an ounce, down 0.74% for the day and logging a second weekly drop as renewed Fed rate-hike bets and oil-driven inflation fears weighed on prices. Spot silver fell 1.52%, platinum 2.49%, and palladium 2.98%. U.S. markets face a holiday-shortened week ahead, with Memorial Day closures on Monday. Physical demand in India and China remained weak amid Fed anxiety and a strong dollar.
XRP ETFs Hit $1.53 Billion as Bitwise Pulls Ahead, but the Chart Has a Catch

XRP in Focus After Weekend Pullback; Traders Watch $1.30 as ETF Flows Stay Strong

23 May 2026
XRP dropped to $1.31 Saturday, down 3.9% in 24 hours and 7.4% over seven days, underperforming the broader crypto market. Trading volume reached $2.16 billion, with a market value near $81 billion. U.S. equity and listed crypto products will remain closed for Memorial Day on May 25. The SEC’s case against Ripple Labs ended in August 2025 with a $125 million fine and an injunction on institutional XRP sales.
Bitcoin Price Today Slips Below $70,000 as CPI Looms and Iran Risks Keep Traders on Edge

Bitcoin could test $75,000 as markets look ahead to Wall Street reopening

23 May 2026
Bitcoin fell to $74,594 on Saturday, down 3.3% after U.S. spot bitcoin ETFs saw five straight days of outflows. Ether dropped 4.3% to $2,026.64. The decline came as U.S. markets closed for the holiday weekend and bond yields hit multi-year highs. Coinbase shares closed Friday at $184.99, down 4.4%.
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