Today: 21 May 2026
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NASDAQ:LX 24 November 2025 - 9 January 2026

Qfin Holdings (QFIN) stock slides as China fintech ADRs lag on tariff limbo, credit jitters

Qfin Holdings (QFIN) stock slides as China fintech ADRs lag on tariff limbo, credit jitters

Qfin Holdings shares dropped 4.5% to $17.32 in Friday afternoon trading, hitting a session low of $17.21. FinVolution and LexinFintech also declined, as investors weighed U.S. tariff uncertainty and concerns over rising Chinese consumer loan defaults. China’s regulator recently extended a program for banks to offload bad loans. The broader U.S. market traded higher.

Stock Market Today

  • Quantum computing stocks surge as U.S. plans $2 billion funding boost
    May 21, 2026, 7:34 AM EDT. Shares of quantum computing companies surged following reports that the U.S. government will allocate $2 billion to firms in the sector. This funding aims to accelerate the development of quantum technologies, which promise substantial advances in computing power by leveraging the principles of quantum mechanics. Market participants reacted positively, anticipating increased investment and growth opportunities in the quantum computing industry.

Latest articles

Quantum Stocks Surge on $2 Billion Play; IonQ Faces Next Hurdle

Quantum Stocks Surge on $2 Billion Play; IonQ Faces Next Hurdle

21 May 2026
IonQ shares jumped 8% in premarket trading Thursday to $52.47 after the U.S. announced $2 billion in quantum-computing grants, though IonQ was not among the recipients. The company recently reported first-quarter revenue of $64.7 million, up 755% year-over-year, and raised its 2026 revenue outlook to $260–$270 million. SkyWater shareholders approved IonQ’s merger, pending regulatory approval.
Rigetti Shares Rally on U.S. Quantum Funding as Debate Over Value Returns

Rigetti Shares Rally on U.S. Quantum Funding as Debate Over Value Returns

21 May 2026
Rigetti Computing shares jumped 13.2% in premarket trading Thursday after reports the Trump administration will award $2 billion in grants to nine quantum-computing firms, including $100 million for Rigetti. The company reported Q1 revenue of $4.4 million and an operating loss of $26 million. Shares closed Wednesday at $16.88, quoted at $19.10 before the market opened.
VIDA Global Stock Draws Attention After AI Agent IPO

VIDA Global Stock Draws Attention After AI Agent IPO

21 May 2026
VIDA Global shares jumped 81.2% to close at $4.15 Wednesday, then traded at $4.97 pre-market Thursday after volatile early sessions on NYSE American. Founder and CEO Lyle Pratt bought 187,500 shares at the $4 IPO price, SEC filings showed. The company raised $15 million in its IPO last week, selling 3.75 million shares. VIDA reported 2025 revenue of $551,383 and a net loss of $2.9 million.
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