Today: 26 May 2026

Adobe stock price: ADBE closes up as Firefly Foundry AI pitch hits Hollywood ahead of Fed week

Adobe stock price: ADBE closes up as Firefly Foundry AI pitch hits Hollywood ahead of Fed week

Adobe shares rose 0.4% to $301.07 Friday after the company announced Firefly Foundry, a generative AI tool trained only on clients’ proprietary content for studios and talent agencies. The S&P 500 closed flat, while the Dow fell 0.58% and the Nasdaq gained 0.28%. Intel dropped sharply on weak guidance. Investors await major tech earnings and a Federal Reserve decision next week.
KLA stock price closes higher into weekend as KLAC heads for Fed decision and Jan. 29 earnings

KLA stock price closes higher into weekend as KLAC heads for Fed decision and Jan. 29 earnings

KLA shares rose 0.8% to $1,512.78 Friday, rebounding from session lows, while Applied Materials gained and Lam Research fell. Investors await the Federal Reserve’s Jan. 27-28 meeting and KLA’s earnings report on Jan. 29. The Dow dropped 0.58% and Intel slid 17% after a weak forecast. About 20% of S&P 500 companies report earnings next week.
Bank of America stock price slides into the weekend as bank shares sink; Fed decision and 10% card-rate cap watched

Bank of America stock price slides into the weekend as bank shares sink; Fed decision and 10% card-rate cap watched

Bank of America shares fell 1.4% to $51.72 Friday, part of a sharp selloff in U.S. bank stocks after First Citizens forecast lower net interest income for 2026. The KBE bank ETF dropped over 3%. Investors await next week’s Fed decision and details on a proposed 10% cap on credit-card rates. JPMorgan, Wells Fargo, and Citigroup also declined.
Virgin Media pension ruling fallout: UK FRC issues new actuary guidance as “section 37” fix nears

Virgin Media pension ruling fallout: UK FRC issues new actuary guidance as “section 37” fix nears

Britain’s Financial Reporting Council has issued new guidance for pension scheme actuaries after the Virgin Media case exposed risks from missing written actuarial sign-offs on historic rule changes. The government plans legislation to let schemes validate old amendments, but the FRC warns some schemes could face higher liabilities. The guidance may be updated as the Pensions Schemes Bill advances. Not all schemes or disputes will be covered by the proposed fix.
24 January 2026
BNAI stock surges nearly 90% as Brand Engagement Network lands $2.05 million Valio Africa AI licensing deal

BNAI stock surges nearly 90% as Brand Engagement Network lands $2.05 million Valio Africa AI licensing deal

Brand Engagement Network shares soared nearly 90% Friday after announcing a $2.05 million licensing and investment deal with Valio Technologies tied to Africa. The agreement gives Brand Engagement Network a 25% stake and 35% revenue share in a new South African entity. A separate memorandum covers a student wellbeing AI pilot at Nelson Mandela University.
Western Digital stock price slides after hours as WDC heads into Jan. 29 earnings

Western Digital stock price slides after hours as WDC heads into Jan. 29 earnings

Western Digital shares fell 2.8% to $236.39 in after-hours trading Friday, ahead of its fiscal second-quarter earnings report due Jan. 29. Wall Street analysts raised price targets this week, with Morgan Stanley and Wedbush both moving to $260. Investors are watching data-center drive pricing and company guidance closely. Rival Seagate reports earnings Jan. 27.
Shell’s $20 billion Nigeria Bonga bet collides with talk of an Argentina shale exit

Shell’s $20 billion Nigeria Bonga bet collides with talk of an Argentina shale exit

Nigeria approved investment-linked incentives for Shell’s Bonga South West deepwater oil project after talks with CEO Wael Sawan, who said a final investment decision may come by 2027. Shell has approached potential buyers about selling its Vaca Muerta shale assets in Argentina, according to sources. The company declined to comment on the possible sale.
24 January 2026
AST SpaceMobile stock price slips after hours as BlueBird 7 launch timeline comes into focus

AST SpaceMobile stock price slips after hours as BlueBird 7 launch timeline comes into focus

AST SpaceMobile shares fell 2.4% to $113.57 Friday and slipped another 0.3% after hours as investors tracked the company’s satellite launch schedule. AST plans to launch its BlueBird 7 satellite on Blue Origin’s New Glenn-3 in late February from Cape Canaveral. The company targets one launch every one to two months through 2026. Traders remain focused on whether AST can keep up the planned pace.
Gilead stock jumps again as Trodelvy-Keytruda breast cancer data lands in NEJM

Gilead stock jumps again as Trodelvy-Keytruda breast cancer data lands in NEJM

Gilead Sciences shares rose 3.65% to $135.93 after Phase 3 trial results showed Trodelvy plus Keytruda cut the risk of breast cancer progression or death by 35% versus Keytruda and chemotherapy. The company has submitted regulatory filings in the U.S. and Europe. CEO Daniel O’Day plans to sell up to $15.6 million in shares. Investors await Gilead’s earnings report on Feb. 10.
Visa stock barely budges after hours — earnings and the Fed now set the next move

Visa stock barely budges after hours — earnings and the Fed now set the next move

Visa shares slipped 0.06% to $326.18 Friday and were little changed after hours, ahead of its Jan. 29 earnings release. About 5.7 million shares changed hands. Investors are watching the Federal Reserve’s Jan. 28 policy decision, which could impact rate-sensitive financials. U.S. consumer spending and sentiment both showed modest gains in recent data.
Thermo Fisher stock slips from fresh high — what traders watch before earnings week

Thermo Fisher stock slips from fresh high — what traders watch before earnings week

Thermo Fisher Scientific shares fell 2.1% to $625.98 Friday, ending a three-day rally and retreating from a 52-week high. The drop came ahead of the company’s Jan. 29 earnings release and as peers Waters and Danaher also declined about 2%, signaling profit-taking in the life-sciences tools sector. Investors await updates on Thermo Fisher’s planned Clario acquisition and outlook for 2026.
Boeing stock ends higher as FAA shifts MAX 7/10 pressure back to the company

Boeing stock ends higher as FAA shifts MAX 7/10 pressure back to the company

Boeing shares closed up 0.29% at $252.15 Friday before slipping 0.14% in after-hours trading. FAA chief Bryan Bedford said the agency is not delaying certification of the 737 MAX 7 and MAX 10, citing ongoing flight tests and technical fixes. The Commerce Department reported Boeing jet orders jumped to 1,075 for 2025, including major deals with Qatar Airways and Korean Air.
24 January 2026
Walmart stock price holds near $118 after-hours as PhonePe IPO stake cut and CEO sale hit filings

Walmart stock price holds near $118 after-hours as PhonePe IPO stake cut and CEO sale hit filings

Walmart shares closed at $117.73 in after-hours trading Friday, little changed after new disclosures on its India operations and insider sales. Updated filings show Walmart plans to cut its PhonePe stake by 12% ahead of the payments firm’s mid-2026 IPO. CEO Doug McMillon sold 19,416 shares on Jan. 22 under a preset plan. A federal jury in Maryland found Walmart negligent in a 2019 employee suicide case.
24 January 2026
Exxon Mobil stock price rises after-hours as XTO shops $1 billion Eagle Ford assets ahead of Q4 results

Exxon Mobil stock price rises after-hours as XTO shops $1 billion Eagle Ford assets ahead of Q4 results

Exxon shares rose 1% to $134.97 in after-hours trading Friday after reports that XTO Energy is seeking buyers for Eagle Ford shale assets valued at over $1 billion. Michigan’s attorney general filed an antitrust suit against Exxon and other oil majors, alleging collusion to suppress EV and renewable competition. Exxon’s Q4 results are due Jan. 30. Oil prices climbed, with Brent closing at $65.88 a barrel.
Procter & Gamble stock price holds near $150 after JPMorgan upgrade — what investors watch next

Procter & Gamble stock price holds near $150 after JPMorgan upgrade — what investors watch next

Procter & Gamble shares hovered near $150 in after-hours trading Friday, up just 0.1% after a two-day rally sparked by earnings and a JPMorgan upgrade. The company reported $22.2 billion in quarterly sales, flat organic growth, and maintained full-year guidance but cut its diluted EPS outlook due to higher restructuring costs. JPMorgan and Wells Fargo both raised price targets to $165.
24 January 2026

Stock Market Today

  • Navitas Semiconductor Surges on Nvidia Partnership and AI Data Center Growth
    May 26, 2026, 8:24 AM EDT. Navitas Semiconductor (NVTS) shares jumped nearly 20% amid growing investor interest linked to its partnership with Nvidia (NVDA). Navitas is shifting focus from traditional power chips toward high-power markets such as AI data centers, high-performance computing, and electrification. The company's power chips are integral to Nvidia's upcoming 800V high-voltage direct current (HVDC) data centers. Anticipation around Nvidia's earnings report, which confirmed strong demand in AI data center markets, forced short sellers to cover positions, fueling Navitas's stock rise. Navitas now trades near a 52-week high with a market cap of $6.8 billion, underscoring renewed speculation and investor confidence in AI-driven infrastructure expansion.

Latest articles

CoreWeave Stock Drops as $99 Billion AI Backlog Runs Into Bigger Spending Bill

Wall Street Is Warming To CoreWeave Again. Nebius Is The Catch It Can’t Ignore

26 May 2026
CoreWeave shares rose after GF Securities initiated coverage with a “Buy” rating, citing strong demand and major customer contracts. The Nvidia-backed AI cloud firm reported Q1 revenue of $2.08 billion and a $99.4 billion backlog. Rival Nebius posted Q1 revenue of $399 million, up 684% year-on-year, and raised its 2026 capital spending forecast to up to $25 billion.
Meta’s $145 Billion AI Spending Triggers Wall Street Calls on Payoff Timing

Meta’s $145 Billion AI Spending Triggers Wall Street Calls on Payoff Timing

26 May 2026
Meta raised its 2026 AI infrastructure spending forecast to $125–$145 billion, citing higher component and data center costs. Shares fell as much as 12% after the update, closing down 8.6% the next session. Wolfe Research projects over $26 billion in new 2027 revenue from AI, but analysts question when returns will materialize. CEO Mark Zuckerberg defended the investment, saying returns often lag large-scale product rollouts.
Fresh $80 Wall Street Target Lands on Oklo, But the Catch Remains

Fresh $80 Wall Street Target Lands on Oklo, But the Catch Remains

26 May 2026
Oklo shares rose 1.2% premarket after Bank of America initiated coverage with a Buy rating and $80 target. The company reported $2.54 billion in cash as of March 31 and a Q1 net loss of $33.1 million. Oklo has a binding 1.2-gigawatt power deal with Meta and over 14 gigawatts in non-binding agreements. The NRC approved a key design report for Oklo’s Aurora reactor earlier this month.
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