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NASDAQ:AXT 23 May 2026

AXT shares hit new high, but risks ahead could cut momentum

AXT shares hit new high, but risks ahead could cut momentum

AXT shares jumped 16.37% to $140.83 on Friday, hitting a 52-week high and trading above all recent analyst targets. The surge followed strong demand for AI-linked optical networking hardware and a sharp rise in indium phosphide orders. First-quarter revenue climbed to $26.9 million, with gross margin turning positive. Management forecast Q2 profitability and a backlog over $100 million.
23 May 2026
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Stock Market Today

  • Soybeans Maintain Gains Into Memorial Day Holiday Amid Mixed Futures and Export Data
    May 22, 2026, 7:45 PM EDT. Soybean futures held steady Friday, with July contracts up 2 1/4 cents and November rising 1 cent. The national average cash soybean price climbed 2 cents to $11.33 1/2. Soymeal futures advanced by up to $3.50, while soy oil futures increased 8 to 37 points. The USDA reported a private export sale of 252,000 metric tons of soybean meal, split between 2025/26 and 2026/27 marketing years. Commodity traders reduced net long positions in soybean futures and options by 7,011 contracts, totaling 207,804. Soybean export commitments stand at 39.371 million metric tons, down 18% year-over-year and at 95% of the USDA forecast, trailing the typical 98% pace. The Chicago Board of Trade will be closed Monday for Memorial Day, reopening Tuesday for regular trading.

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IREN Stock’s Nvidia Run Stalls Ahead of Holiday

IREN Stock’s Nvidia Run Stalls Ahead of Holiday

23 May 2026
IREN shares fell 2.1% to $56.83 Friday, ending a two-day rally but closing the week up 7.4%. The stock’s moves follow a $3.4 billion AI cloud deal with Nvidia and a $3 billion convertible note offering. March-quarter revenue dropped to $144.8 million, with a net loss of $247.8 million. U.S. markets close Monday for Memorial Day; trading resumes Tuesday.
AXT shares hit new high, but risks ahead could cut momentum

AXT shares hit new high, but risks ahead could cut momentum

23 May 2026
AXT shares jumped 16.37% to $140.83 on Friday, hitting a 52-week high and trading above all recent analyst targets. The surge followed strong demand for AI-linked optical networking hardware and a sharp rise in indium phosphide orders. First-quarter revenue climbed to $26.9 million, with gross margin turning positive. Management forecast Q2 profitability and a backlog over $100 million.
Baiya Stock Doubles After $1 Million BNB Bet: What Just Happened to BIYA

Baiya Stock Doubles After $1 Million BNB Bet: What Just Happened to BIYA

23 May 2026
Baiya International Group shares surged 110.5% to $1.30 Friday after the company said it invested $1 million in Binance Coin (BNB) and launched a “Binance Plan” following a public vote. Trading volume hit 101.17 million shares, far above average. Baiya also activated four algorithmic trading strategies linked to BNB, with possible share buybacks. The company’s core business remains recruitment in China, with a 2025 net loss of $9.5 million.
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