Today: 23 May 2026

Verizon stock has its biggest jump in years after $25 billion buyback plan — what investors watch next

Verizon stock has its biggest jump in years after $25 billion buyback plan — what investors watch next

Verizon shares jumped 11.83% to $44.52 Friday after reporting strong subscriber growth and announcing a $25 billion buyback plan. The company posted Q4 adjusted earnings of $1.09 per share on $36.4 billion revenue, with 616,000 postpaid phone net adds. Verizon raised its dividend and closed its Frontier acquisition, expanding fiber reach to over 30 million locations. Trading resumes Monday amid focus on rate-sensitive events.
1 February 2026
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SoFi stock slides after first $1 billion quarter as investors size up 2026 targets

SoFi stock slides after first $1 billion quarter as investors size up 2026 targets

SoFi Technologies shares fell 6.36% to $22.81 Friday after reporting quarterly adjusted net revenue above $1 billion and net income of $173.5 million. Loan originations jumped 46% to $10.5 billion, and membership reached 13.7 million. CEO Anthony Noto warned a proposed 10% cap on credit-card rates could sharply reduce lending. Trading volume topped 131 million shares.
1 February 2026
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Nvidia stock price in focus: CEO says “huge” OpenAI investment planned as NVDA heads into Monday

Nvidia stock price in focus: CEO says “huge” OpenAI investment planned as NVDA heads into Monday

Nvidia shares fell 0.7% to $191.13 Friday, with 179 million shares traded. CEO Jensen Huang said Nvidia will make its largest-ever investment in OpenAI, dismissing reports of tensions. China gave conditional approval for AI startup DeepSeek to buy Nvidia’s H200 chips, sources told Reuters. Wolfe Research raised its Nvidia price target to $275, citing strong demand.
1 February 2026
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Plug Power stock slid nearly 10% Friday as share-issuance vote looms — what investors watch next

Plug Power stock slid nearly 10% Friday as share-issuance vote looms — what investors watch next

Plug Power Inc shares fell 9.8% to $2.12 Friday ahead of a Feb. 5 shareholder vote on doubling authorized shares to 3 billion. The company says the move is essential for meeting financial obligations but risks diluting current holders. Previous votes showed strong support but failed to meet turnout thresholds. An investor townhall is scheduled for Feb. 2.
1 February 2026
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BitMine Immersion Technologies stock price: BMNR heads into Monday after Friday slide, ether drop

BitMine Immersion Technologies stock price: BMNR heads into Monday after Friday slide, ether drop

BitMine Immersion Technologies (BMNR) fell nearly 6% to $25.10 Friday as ether and bitcoin prices dropped sharply over the weekend. The company disclosed president Erik Nelson’s exit in a Jan. 28 SEC filing, with $585,000 in severance. BMNR reported holding 4.24 million ether and plans to ramp up staking. Crypto-linked stocks showed mixed results ahead of Monday’s market open.
1 February 2026
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Coinbase stock price: COIN ends at $194.74 — what to watch before Monday

Coinbase stock price: COIN ends at $194.74 — what to watch before Monday

Coinbase shares closed down 2.2% at $194.74 Friday as bitcoin slid 2.5% to about $82,300, later dropping to $78,000 on Sunday. Traders cited concerns over tighter policy after Donald Trump named Kevin Warsh as his Fed chair pick. Coinbase reports earnings Feb. 12. U.S. stock markets are closed Sunday, but crypto trades continue, leaving Coinbase exposed to weekend price swings.
1 February 2026
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Starbucks stock closes at $91.95 after a five-day slide — what to watch for SBUX next week

Starbucks stock closes at $91.95 after a five-day slide — what to watch for SBUX next week

Starbucks shares fell 2.06% to $91.95 Friday, capping a fifth straight session of declines and leaving the stock 22% below its 52-week high. Analysts raised price targets after the company reported 6% revenue growth and announced a new U.S. loyalty program launching March 10. Starbucks will pay a $0.62 dividend on Feb. 27. CEO Brian Niccol said recent investments “will take time” to lift margins.
1 February 2026
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Strategy (MSTR) stock: What to know before Monday after Friday rebound, bitcoin weekend slide

Strategy (MSTR) stock: What to know before Monday after Friday rebound, bitcoin weekend slide

Strategy Inc. shares jumped 4.6% to $149.71 Friday, recovering from steep losses earlier in the week, even as bitcoin slid 5% to near $78,700. The company, which holds over 712,000 bitcoins, reports earnings Feb. 5. Other crypto-related stocks fell, with Coinbase down 2.2% and Riot Platforms off 8.7%. Options markets are pricing in high volatility around Strategy’s upcoming results.
1 February 2026
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Tesco share price ends the week higher — what could move TSCO.L next

Tesco share price ends the week higher — what could move TSCO.L next

Tesco shares closed up 1.1% at 425.2 pence Friday in London, capping a 2.9% gain over five sessions as 11.3 million shares traded. The FTSE 100 rose 0.51%. Investors await the Bank of England’s policy decision Thursday and Tesco’s full-year results on April 16. Tesco continues its £1.45 billion share buyback and expects profit at the top end of forecasts.
1 February 2026
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Saks Off 5th liquidation sales begin as Saks Global moves to close 57 stores

Saks Off 5th liquidation sales begin as Saks Global moves to close 57 stores

Saks Global has begun closing sales at 34 Saks Off 5th stores, with 23 more set to shut by Feb. 2, leaving 12 outlets open. The company, in Chapter 11 bankruptcy, is also closing all Neiman Marcus Last Call locations. Gift cards and rewards now have new expiration dates, and all closing-sale purchases are final. Saks is halting new gift card sales and winding down its Off 5th online operations.
1 February 2026
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Stock Market Today

  • Stock Market Strength Drives Rupee to Record Lows
    May 23, 2026, 3:15 PM EDT. The Indian rupee has plunged from Rs 85.8 to nearly Rs 97 against the dollar since early 2025. This decline is driven by strong stock markets, which have become overvalued relative to peers. Consequently, foreign portfolio investors (FPIs) have withdrawn a massive $53 billion over 18 months, seeking better returns elsewhere. Despite appearing as a market success, the elevated valuations have prompted capital outflows, weakening the rupee. The currency's drop reflects the complex interplay between stock market performance and currency stability amid global investment shifts.

Latest articles

Chevron Faces Holiday Test With Oil Shock, Pump Prices and Hess Sale in Focus

Chevron Faces Holiday Test With Oil Shock, Pump Prices and Hess Sale in Focus

23 May 2026
Chevron closed Friday at $191.43, up 0.22%, ending the week nearly flat as Brent crude held above $100. California officials urged drivers to avoid Chevron stations over high pump prices, while director John B. Hess disclosed a large stock sale. U.S. markets are closed Monday for Memorial Day; trading resumes Tuesday.
PepsiCo shares gained ahead of the holiday. Harder pricing test still on deck

PepsiCo shares gained ahead of the holiday. Harder pricing test still on deck

23 May 2026
PepsiCo shares closed up 1.16% at $150.57 on Friday, capping a volatile week that included a new $10 billion credit facility and reports of a planned price hike on some U.S. snack bags. U.S. markets will remain closed for Memorial Day until Tuesday. PepsiCo’s new credit lines replace two 2025 facilities with no outstanding borrowings. The company maintained its 2026 growth outlook.
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