Today: 22 May 2026
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NASDAQ:AXLA 16 January 2026 - 20 May 2026

Astera Labs Stock Surges: The AI Networking Bet Traders Are Chasing Before Nvidia Results

Astera Labs Stock Surges: The AI Networking Bet Traders Are Chasing Before Nvidia Results

Astera Labs shares rose 13.3% to $244.26 on Tuesday after management outlined a faster ramp for its Scorpio X fabric switches and optical networking tied to Nvidia’s NVLink Fusion. The move followed presentations at J.P. Morgan’s tech conference and comes ahead of Nvidia’s earnings Wednesday. Astera’s first-quarter revenue jumped 93% to $308.4 million, with second-quarter guidance above analyst forecasts.
20 May 2026
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Astera Labs Stock Rises After AI Earnings Beat, But a Bigger Test Comes Next

Astera Labs Stock Rises After AI Earnings Beat, But a Bigger Test Comes Next

Astera Labs posted first-quarter revenue of $308.4 million, up 93% year-over-year, and adjusted earnings of 61 cents a share, both above analyst estimates. Shares rose 1.27% after hours. The company forecast second-quarter revenue of $355 million to $365 million, also ahead of expectations. CEO Jitendra Mohan cited strong demand for PCIe 6 products and initial shipments of the Scorpio X-Series AI switch.
5 May 2026
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Astera Labs stock jumps on RBC call as traders size up the next catalyst

Astera Labs stock jumps on RBC call as traders size up the next catalyst

Astera Labs shares rose 4.8% to $182.80 after RBC Capital Markets initiated coverage with an Outperform rating and a $225 target. RBC cited strong retimer demand and upcoming Scorpio switch launches as catalysts. The move comes ahead of Astera’s Feb. 10 earnings report and amid heightened scrutiny of AI chip stocks. Trading volume reached about 4.2 million shares Friday.
16 January 2026
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Stock Market Today

  • SpaceX Discloses Holding 18,712 Bitcoin Worth $1.45 Billion
    May 21, 2026, 6:32 PM EDT. SpaceX has disclosed holding 18,712 bitcoin, valued at about $1.45 billion, in an SEC filing, significantly more than previously estimated. The company acquired the bulk of its bitcoin around 2021, costing roughly $661 million, resulting in a $955 million paper gain in 2024 despite a later unrealized loss. This positions SpaceX as the seventh-largest corporate bitcoin holder among public firms, exceeding Coinbase's stash by over 2,000 coins. Elon Musk's Tesla also holds 11,509 bitcoin but has sold much of its original holdings. Tesla briefly accepted bitcoin payments in 2021 but halted due to environmental concerns, although debates about renewable mining energy continue. Musk favors Dogecoin personally, though neither Tesla nor SpaceX hold it on their balance sheets.

Latest articles

Grab Stock Just Got a Fintech Jolt—Why Traders Are Watching Indonesia Now

Grab Stock Just Got a Fintech Jolt—Why Traders Are Watching Indonesia Now

22 May 2026
Singapore, May 22, 2026, 06:07 SGT Grab Holdings’ U.S.-listed shares rose on Thursday after the Singapore-based super app said it would consolidate Indonesia’s Superbank, a step that gives investors a clearer look at Grab’s push into digital finance in Southeast Asia’s largest economy. The stock was last quoted at $3.56, up about 1.6% from its previous close, with intraday trading between $3.45 and $3.575. Volume was about 36.3 million shares, and the company’s market value stood near $14.1 billion. The move matters now because Grab is trying to show that financial services can become a real earnings engine, not just
Blue Owl shares climb almost 5% amid steady private-credit demand

Blue Owl shares climb almost 5% amid steady private-credit demand

22 May 2026
Blue Owl Capital shares jumped nearly 5% Thursday to $10.20 on heavy volume, outpacing peers as investors weighed ongoing private-credit concerns. The stock remains down about 50% this year amid worries over software-sector exposure and retail fund outflows. Blue Owl reported $315 billion in assets under management as of March 31 and declared a 23-cent dividend. Major indexes closed slightly higher.
Deckers shares spike, then retreat after Hoka owner’s earnings, margin concerns

Deckers shares spike, then retreat after Hoka owner’s earnings, margin concerns

22 May 2026
Deckers Outdoor shares closed up 4.5% at $102.70 Thursday after beating quarterly expectations, but fell to $100.56 in after-hours trading as investors weighed a lower-margin outlook. Fourth-quarter net sales rose 9.6% to $1.119 billion, with HOKA sales up 14.5% and UGG up 9.2%. The company forecast fiscal 2027 sales above analyst estimates and expanded its stock-buyback program by $3.5 billion.
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