Today: 15 May 2026
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NASDAQ:SKLZ 23 April 2026 - 24 April 2026

Skillz Stock’s $420 Million Papaya Verdict Rally Faces a Fast Reality Check

Skillz Stock’s $420 Million Papaya Verdict Rally Faces a Fast Reality Check

A Manhattan federal jury ordered Papaya Gaming to pay Skillz Inc. $420 million in a false-advertising case, sending Skillz shares up 238% Thursday before falling 25% pre-market Friday. The dispute centered on Papaya’s alleged use of bots in skill-based games. Judge Denise Cote will rule in June on possible disgorgement. Skillz reported a 2025 net loss of $70.4 million on $104.5 million in revenue.
24 April 2026
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Stock Market Today

  • Cerebras CEO Details AI Chip Innovation Amid $5.5 Billion IPO
    May 14, 2026, 6:34 PM EDT. Cerebras Systems raised $5.5 billion in its IPO, with shares priced at $185 and opening indications near $400, CEO Andrew highlights. The company introduced an AI chip the size of a dinner plate, 58 times larger than prior chips and 15 times faster than competitors, advancing AI processing speed. Andrew emphasized Cerebras' unique ability to build these large chips, stating industry attempts over 70 years have failed until now. As AI demand surges, the firm sees the industry moving toward their large-chip design as a standard, noting multi-chip setups as intermediate steps. Cerebras aims to meet growing AI workload needs with their pioneering chip technology.

Latest articles

Unusual Machines Stock Jumps As Q1 Revenue Nearly Quadruples And Drone Supply Bet Widens

Unusual Machines Stock Jumps As Q1 Revenue Nearly Quadruples And Drone Supply Bet Widens

15 May 2026
Unusual Machines reported first-quarter revenue of $8.1 million, up 296% from a year earlier, and net income of $10.3 million driven by investment gains despite an operating loss. Shares rose 12.8% to $16.93 after the results. The company raised $150 million in equity and agreed to buy battery maker DroneNX for up to $52 million. Headcount rose to over 190 as of Thursday.
Microsoft Stock Rises As AI Trade Reignites: Why MSFT Shares Moved Today

Microsoft Stock Rises As AI Trade Reignites: Why MSFT Shares Moved Today

15 May 2026
Microsoft shares rose 1.04% to $409.43 on Thursday as investors favored large tech stocks amid record highs for the S&P 500 and Nasdaq. Microsoft reported March-quarter revenue up 18% to $82.9 billion, with Azure and cloud services up 40%. The company expects $190 billion in capital expenditures this year, well above analyst estimates. Microsoft is also exploring AI startup deals as it reassesses its reliance on OpenAI.
United States Antimony Stock Falls After $11.3 Million Loss as Defense Contract Ramp Awaits

United States Antimony Stock Falls After $11.3 Million Loss as Defense Contract Ramp Awaits

15 May 2026
United States Antimony posted a first-quarter net loss of $11.3 million, or 8 cents a share, on $6.8 million in revenue, down from a $546,524 profit a year earlier. Shares fell about 4% to $9.57 in late trading. The company completed initial deliveries under a $245 million Defense Logistics Agency contract but did not recognize revenue from it in the quarter. Gross profit dropped to $1.1 million from $2.4 million.
Apple Stock Falls After $300 Test: Why AAPL’s OpenAI Risk Is Back

Apple Stock Falls After $300 Test: Why AAPL’s OpenAI Risk Is Back

15 May 2026
Apple shares fell 0.2% to $298.21 Thursday after news that OpenAI is considering legal action over a strained partnership, Reuters reported. The drop came despite Apple hitting $300.45 intraday and posting record quarterly revenue of $111.2 billion. The S&P 500 and Nasdaq closed at records. Apple did not comment on the OpenAI report.
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