Today: 24 May 2026

Bitcoin tumbles below $87,000 as Fed pause and ETF outflows keep crypto on the back foot

Bitcoin tumbles below $87,000 as Fed pause and ETF outflows keep crypto on the back foot

Bitcoin fell 3.7% to $86,382 Thursday after briefly topping $90,000. Coinbase shares dropped 3.6%, while Strategy fell 4.4% as crypto-linked stocks slid. U.S. spot bitcoin ETFs saw $19.6 million in net outflows on Jan. 28. The moves followed the Fed’s decision to hold rates steady and weak inflows into crypto funds.
Microsoft stock slides 10% after earnings beat as Azure outlook, AI bill unsettle Wall Street

Microsoft stock slides 10% after earnings beat as Azure outlook, AI bill unsettle Wall Street

Microsoft shares fell about 10% Thursday after the company reported record AI-driven capital spending and forecast strong Azure growth. Quarterly revenue rose 17% to $81.3 billion, with cloud revenue up 39%. Investors focused on soaring costs, which climbed nearly 66% year-over-year. Apple is set to report earnings later Thursday.
Sandisk stock price rises ahead of earnings as AI storage trade stays in focus (SNDK)

Sandisk stock price rises ahead of earnings as AI storage trade stays in focus (SNDK)

Sandisk shares rose 1% to $532.99 Thursday morning ahead of its fiscal Q2 results due after market close. Seagate and Western Digital also gained, while Micron slipped. Analysts expect Sandisk to report $2.7 billion in revenue and $3.62 adjusted EPS. Investors are focused on the company’s outlook for NAND pricing and data-center demand.
Nvidia stock rises as CEO flags China H200 licence progress; NVDA earnings date set

Nvidia stock rises as CEO flags China H200 licence progress; NVDA earnings date set

Nvidia shares rose 1.6% to $191.52 after CEO Jensen Huang said China is still finalizing a license for its H200 chip. Reuters reported China approved ByteDance, Alibaba, and Tencent to buy over 400,000 H200 chips, but no orders have been placed. Chip stocks opened higher, with Intel up 11% and Micron up 6%. Nvidia is also reportedly in talks to invest up to $30 billion in OpenAI.
Micron stock jumps again as DRAM squeeze talk returns — and Feb. 11 is the next test

Micron stock jumps again as DRAM squeeze talk returns — and Feb. 11 is the next test

Micron shares jumped 6% to $435.28 in early U.S. trading Thursday after Samsung and SK Hynix warned of tightening DRAM supply. Both companies said chipmakers are shifting production toward AI-focused memory, leaving PC and smartphone makers struggling to secure DRAM. Micron executives are set to speak at a Wolfe Research conference on Feb. 11. The Federal Reserve held rates steady Wednesday, offering no guidance on future cuts.
Meta stock jumps about 9% as Zuckerberg bets big on “superintelligence” spending

Meta stock jumps about 9% as Zuckerberg bets big on “superintelligence” spending

Meta shares rose 9.3% to $731.18 in early U.S. trading after reporting Q4 revenue up 24% to $59.89 billion and issuing a strong revenue forecast. The company raised its 2026 capital spending target to as much as $135 billion, citing major investments in AI. Costs jumped 40%, cutting operating margin to 41%. Meta projects full-year 2026 expenses up to $169 billion, warning of legal and regulatory risks.
Intel stock price slips after report-driven rally; Nvidia-Apple foundry chatter keeps INTC in focus

Intel stock price slips after report-driven rally; Nvidia-Apple foundry chatter keeps INTC in focus

Intel shares fell 2.5% to $47.54 in early New York trading Thursday, reversing an 11% surge on speculation of future foundry deals with Nvidia and Apple. CFO David Zinsner bought 5,882 shares at $42.50 each on Jan. 26, SEC filings show. Chip sector sentiment stayed firm after ASML posted record quarterly bookings. Investors are now watching Friday’s U.S. inflation data.
Itaú Unibanco (ITUB) shares tick up before the open as Brazil flags March rate cuts, earnings loom

Itaú Unibanco (ITUB) shares tick up before the open as Brazil flags March rate cuts, earnings loom

Itaú Unibanco’s U.S.-listed shares rose 1.1% to $8.88 in premarket trading Thursday after Brazil’s central bank kept its Selic rate at 15% and signaled possible cuts in March. Banco Bradesco and Santander Brasil ADRs also posted early gains. Itaú’s fourth-quarter earnings are due Feb. 4, with a briefing set for Feb. 5. Investors are watching for signals on credit costs and loan growth.
Apple stock slips as earnings loom; iPhone sales and Siri AI push in sharp focus

Apple stock slips as earnings loom; iPhone sales and Siri AI push in sharp focus

Apple shares fell 0.7% to $256.44 in early New York trading Thursday ahead of quarterly earnings due after the bell. Investors are focused on iPhone sales, rising memory costs, and updates to Siri using Google’s AI. Analysts expect record revenue and the strongest iPhone growth in four years, led by China demand. Regulatory scrutiny of Apple’s services continues.
Denison Mines stock (DNN) rises in premarket after uranium jumps back above $100

Denison Mines stock (DNN) rises in premarket after uranium jumps back above $100

Denison Mines rose 2.1% to $4.40 in premarket trading Thursday after uranium’s spot price jumped to $100.25 per pound, its highest since 2022. Partner Cosa Resources began winter drilling at two Saskatchewan joint ventures. Denison aims to start building its Phoenix mine pending regulatory approval, with initial production targeted for mid-2028. Investors await Denison’s earnings on Feb. 26.
29 January 2026
Tesla stock steadies after Musk’s $2 billion xAI bet and a $20 billion spending jolt

Tesla stock steadies after Musk’s $2 billion xAI bet and a $20 billion spending jolt

Tesla shares edged up 0.07% to $431.46 in early Thursday trading after volatile moves on earnings and spending plans. The company reported 2025 revenue down 3% to $94.83 billion and confirmed a $2 billion investment in xAI. Tesla reaffirmed Cybercab robotaxi production is on track for 2026, with Gen 3 Optimus and Tesla Semi launches planned for the same period. Investors are watching cash burn and regulatory hurdles.
Nvidia stock jumps in premarket as CEO flags China H200 decision — what NVDA traders watch next

Nvidia stock jumps in premarket as CEO flags China H200 decision — what NVDA traders watch next

Nvidia shares rose 1.6% to $191.52 in premarket trading after CEO Jensen Huang said China is close to approving a license for the H200 AI chip. Beijing has allowed ByteDance, Alibaba, and Tencent to buy over 400,000 H200 chips under certain conditions, Reuters reported. Microsoft and Meta’s increased capital spending kept focus on AI chip demand and ongoing supply bottlenecks.
29 January 2026

Stock Market Today

  • Saputo (TSX:SAP) Shows Strong 1-Year Returns Amid Mixed Short-Term Momentum
    May 24, 2026, 3:52 PM EDT. Saputo (TSX:SAP) shares traded at CA$41.61, reflecting a 4% rise over the past month but a 3% drop in the last three months. The one-year total shareholder return stands at a robust 62.09%, rewarding long-term investors. The stock is considered 11.1% undervalued with a fair value estimate of CA$46.80, driven by margin improvements and earnings growth from automation investments and cost-saving initiatives in the U.S. However, risks include volatile dairy demand and input costs, alongside competition from plant-based alternatives and regulatory challenges. Investors are advised to assess these factors carefully and consider other robotics and automation stocks to diversify opportunities.

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HPE Stock Pops 10%, Investors Look to the Holiday Weekend

HPE Stock Pops 10%, Investors Look to the Holiday Weekend

24 May 2026
Hewlett Packard Enterprise shares surged 10.6% to $37.58 Friday, capping a 13.5% weekly gain and pushing market value near $51 billion. Elliott Investment Management increased its HPE stake to 27.4 million shares as of March 31, up from 18.6 million in December. HPE’s Networking revenue jumped 151.5% last quarter, while Cloud & AI fell 2.7%. U.S. markets close Monday for Memorial Day.
Transocean Share Spike Fades Quickly as Investors Watch Next Moves for RIG

Transocean Share Spike Fades Quickly as Investors Watch Next Moves for RIG

24 May 2026
Transocean shares closed at $6.81 Friday, down 0.15%, after reaching a 52-week high of $7.66 earlier in the week. Oil prices ended higher Friday but fell for the week, with Brent at $103.54 a barrel and U.S. crude at $96.60. NYSE trading will pause Monday for Memorial Day, resuming Tuesday. Valaris, merging with Transocean, dipped 0.3% Friday; Noble Corp. lost 0.7%.
SoundHound AI Traders Watch for Clues Before Tuesday’s Bell

SoundHound AI Traders Watch for Clues Before Tuesday’s Bell

24 May 2026
SoundHound AI shares closed at $8.17 Friday, down 14 cents, marking their lowest level since May 18. The stock lost 2.9% this week, underperforming the Nasdaq’s 0.5% gain. U.S. markets will be closed Monday for Memorial Day, with trading set to resume Tuesday. SoundHound recently agreed to acquire LivePerson in a $43 million all-stock deal.
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