Today: 24 May 2026

AI stocks today: Microsoft wobbles, Nvidia slips and Sandisk jumps on storage demand

AI stocks today: Microsoft wobbles, Nvidia slips and Sandisk jumps on storage demand

Microsoft shares fell 0.5% to $431.15 and Meta dropped 3.1% after earnings, while Sandisk jumped 10.2% on strong forecasts and a renewed Kioxia deal. Microsoft reported $37.5 billion in quarterly capex, up 66%, and confirmed a $750 million Azure deal with Perplexity. Nvidia slipped 0.9% amid China licensing uncertainty. The iShares Semiconductor ETF lost 3.5% as chip stocks broadly declined.
Verizon stock jumps nearly 10% on earnings, buyback plan and 2026 cash outlook

Verizon stock jumps nearly 10% on earnings, buyback plan and 2026 cash outlook

Verizon shares rose 9.8% to $43.73 Friday after the company reported 616,000 new postpaid phone subscribers and issued strong 2026 profit guidance. The board approved a $25 billion share buyback and quarterly dividend of $0.7075. Verizon closed 2025 with $131.1 billion in unsecured debt. CEO Dan Schulman cited network reliability investments and the recent Frontier merger as key to future growth.
XRP price drops today as Fed-chair shake-up rattles crypto — what traders watch next week

XRP price drops today as Fed-chair shake-up rattles crypto — what traders watch next week

XRP fell about 3.5% to $1.75 Friday amid a broader risk-off move after President Trump named Kevin Warsh to lead the Federal Reserve. U.S. senators advanced a crypto oversight bill, but passage in the full Senate remains uncertain. About $61.7 million in XRP futures were liquidated in 24 hours. Bitcoin dropped to a two-month low near $82,300.
Gold price tumbles nearly 9% after Warsh Fed pick; silver hit by record plunge

Gold price tumbles nearly 9% after Warsh Fed pick; silver hit by record plunge

Spot gold fell 8.9% to $4,915 an ounce in New York, heading for its steepest daily drop since 1983 after President Trump named Kevin Warsh as his pick for Federal Reserve chair. Silver plunged nearly 22% as the dollar strengthened and traders scaled back bets on U.S. rate cuts. Gold had reached a record above $5,500 just a day earlier. Markets now look to the Fed handover and upcoming U.S. economic data.
30 January 2026
Credit Acceptance stock jumps 8% after earnings beat — loan collections back in focus

Credit Acceptance stock jumps 8% after earnings beat — loan collections back in focus

Credit Acceptance shares jumped 8.2% to $488.41 after posting adjusted quarterly EPS of $11.35, beating forecasts. Revenue rose to $579.9 million, but the company reported a moderate decline in forecasted loan collections and repurchased $191.4 million in stock. Net income for the quarter was $122 million. Management flagged weaker loan volumes and a $35.8 million contingent legal loss.
Natural gas spikes as Freeport LNG restarts: Henry Hub jumps above $4 and UNG leaps

Natural gas spikes as Freeport LNG restarts: Henry Hub jumps above $4 and UNG leaps

March NYMEX natural gas rose 41.7 cents, or 10.6%, to $4.335 per mmBtu by midday Friday as supply to U.S. LNG export terminals rebounded after storm disruptions. Freeport LNG in Texas increased output to 1.8 bcfd, while U.S. gas production remained about 6.1 bcfd below normal. The U.S. Natural Gas Fund gained 7.9%. The EIA reported storage at 2,823 Bcf, 143 Bcf above the five-year average.
Liberty Broadband stock jumps as Charter earnings ease broadband subscriber fears

Liberty Broadband stock jumps as Charter earnings ease broadband subscriber fears

Liberty Broadband shares rose 6.1% to $47.25 after Charter Communications reported a smaller-than-expected broadband subscriber loss in Q4. Charter lost 119,000 internet customers, beating forecasts, but revenue missed estimates at $13.60 billion. Charter’s stock gained 6.3%. Liberty’s valuation remains tied to Charter ahead of their planned merger, expected by June 2027.
Lockheed Martin stock price climbs again as THAAD ramp and 2026 outlook stay in focus

Lockheed Martin stock price climbs again as THAAD ramp and 2026 outlook stay in focus

Lockheed Martin shares rose 1.2% to $629.97 midday Friday after forecasting 2026 earnings of $29.35–$30.25 per share and sales up to $80 billion. The company signed a new deal with the U.S. Department of War to boost THAAD interceptor production to 400 units annually. Lockheed reported a record $194 billion backlog. Thursday’s stock surge hit a 52-week high.
Sandisk stock swings higher after blowout forecast as AI-storage demand bites

Sandisk stock swings higher after blowout forecast as AI-storage demand bites

Sandisk shares jumped 9% to $586.80 after the company forecast third-quarter profit and revenue well above Wall Street estimates. Quarterly earnings and sales surged, driven by strong AI infrastructure demand and a 64% rise in datacenter revenue. Sandisk extended its flash-memory supply deal with Kioxia through 2034. Investors await management’s webcast for updates on supply constraints.
Adobe stock ticks up as Airtel’s 360-million-user bundle and Cognizant AI deal land

Adobe stock ticks up as Airtel’s 360-million-user bundle and Cognizant AI deal land

Adobe shares rose 0.5% to $293.14 by midday Friday after announcing expanded partnerships in India and new enterprise services. Bharti Airtel will offer 360 million customers a free year of Adobe Express Premium. The moves come as software stocks face sector-wide sell-offs and investor concerns over AI’s impact on subscription revenue.
Uber stock price drops after NYC orders $3.5 million Uber Eats payout, robotaxi deals stay in focus

Uber stock price drops after NYC orders $3.5 million Uber Eats payout, robotaxi deals stay in focus

Uber shares fell 2.2% to $79.88 after New York City said Uber Eats will pay $3.5 million in restitution and penalties over delivery worker pay and reinstate up to 10,000 workers. The city’s probe led to a minimum pay rate hike to $22.13. Mercedes-Benz, Nvidia, and Uber announced a robotaxi partnership, while Uber-backed Waabi secured $750 million in funding. Lyft dropped 4.8% and DoorDash lost 1.6%.

Stock Market Today

  • Delivery Hero Stock Surges 72% in a Month But Still Undervalued: DCF Analysis
    May 24, 2026, 3:54 AM EDT. Delivery Hero (XTRA:DHER) surged 72.3% over the past month, trading at €33.59 after a sharp rally with a 13.9% weekly gain and 37.4% yearly return. Despite this strong short-term performance, its 3- and 5-year returns declined 10.2% and 69.8%, reflecting longer-term challenges. A Discounted Cash Flow (DCF) analysis suggests the stock is undervalued by roughly 41.9%, estimating an intrinsic value of €57.78. This uses projected free cash flows rising from losses currently to positive figures by 2026. Delivery Hero also scores 5 out of 6 on Simply Wall St's valuation metrics, indicating potential value despite recent market exuberance. Investors face the question whether current prices mark a reset in risk perception or a rebound from prior lows.

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Nifty Faces Oil Moves, Rupee and Short Week

Nifty Faces Oil Moves, Rupee and Short Week

24 May 2026
The Nifty 50 rose 0.27% Friday to 23,719.3 and the Sensex gained 0.31% to 75,415.35, but both indexes remain down sharply since the Iran war began. The rupee hit record lows, prompting Reserve Bank intervention, and foreign investors have sold $23 billion in Indian shares this year. Markets will close Thursday for Bakri Id, leaving four trading sessions in the week.
Australia Stock Market Today: ASX 200 Stalls Near 9,000 as NAB Slides, Oil Shock Keeps Traders on Edge. (Indo Premier)

ASX on Watch as Inflation Test Looms After Volatile Week

24 May 2026
The ASX 200 closed up 0.41% at 8,657 on Friday, gaining 0.3% for the week after volatile trading. Investors await April inflation data due Wednesday, seen as key for Reserve Bank of Australia rate expectations after weak April jobs figures cooled rate-hike bets. The Australian dollar traded at 71.36 U.S. cents late Friday. Miners and energy stocks led gains, while consumer and telecom shares fell.
FTSE 100 Today: BP Rally Lifts UK Stocks as Barclays and Taylor Wimpey Fall

UK stocks steady as rate fears ease, but FTSE 100 faces Iran, retail in coming week

24 May 2026
The FTSE 100 rose 2.66% last week, ending a four-week losing streak as traders scaled back expectations for a near-term Bank of England rate hike. Retail sales volumes fell 1.3% in April, and the UK composite PMI dropped to 48.5 in May. The London Stock Exchange is closed Monday for the Spring Bank Holiday. Bodycote shares jumped 19% after a £1.52 billion takeover proposal from Apollo.
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