Today: 23 May 2026
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NASDAQ:FROG 7 November 2025 - 8 May 2026

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  • BlackBerry's FedRAMP Re-Certification: Clarifying or Complicating Its Software Strategy?
    May 23, 2026, 2:14 PM EDT. BlackBerry secured re-certification for its AtHoc communications platform under the U.S. government's FedRAMP Class D (High) security standard through 2026. This recognition reinforces BlackBerry's position in mission-critical government software and complements its pivot towards profitable software areas including automotive and embedded systems with QNX. The FedRAMP achievement supports BlackBerry's secure communications growth narrative amid ongoing execution against its FY2027 revenue and earnings targets. Recent approval of a substantial share buyback plan also factors into investor considerations. However, market expectations demand consistent earnings growth to justify the current high valuation, presenting risks if targets are missed. Analyst fair value estimates vary widely, reflecting divergent views on BlackBerry's future performance and stock valuation.

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Coherent Shares Trade Close to $378, With Next Test Set for Tuesday After Volatile AI-Optics Week

Coherent Shares Trade Close to $378, With Next Test Set for Tuesday After Volatile AI-Optics Week

23 May 2026
Coherent Corp. shares closed at $377.57 Friday, down 0.1% for the day and 1.3% below last week, underperforming the S&P 500 and Nasdaq ahead of the Memorial Day market closure. The company reported fiscal Q3 revenue of $1.81 billion, up 21% year-over-year, with strong demand in datacenter and communications. Nvidia invested $2 billion in March and signed a multi-year optics agreement. Coherent trades at 179 times trailing earnings.
Intuit Slashes 3,000 Jobs as TurboTax Faces New AI Threats

Intuit Slashes 3,000 Jobs as TurboTax Faces New AI Threats

23 May 2026
Intuit will cut about 3,000 jobs, or 17% of its workforce, and close offices in Reno and Woodland Hills as it restructures to focus on artificial intelligence. The company expects $300 million to $340 million in charges, mostly in the fiscal fourth quarter. Intuit raised full-year revenue guidance but lowered its TurboTax outlook, citing pressure from low-cost AI tools. Shares last traded at $319.94 after a volatile week.
AeroVironment Stock Watch: Navy Laser Test Puts AVAV Back in Drone-Defense Focus

AeroVironment Shares Surge 10% Ahead of Holiday With Tuesday in Focus for AVAV

23 May 2026
AeroVironment shares jumped 6.8% Friday to $174.23, capping a 10.3% weekly gain ahead of the Memorial Day market closure. Trading volume reached 1.16 million shares. No new company news appeared Friday; the latest updates were a May 19 software announcement and a May 20 notice of management’s June 3 conference appearance. Peers rose less, with Kratos up 2.8% and Lockheed Martin up 2.0%.
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