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Stock Market 20 May 2026 - 21 May 2026

MicroAlgo Shares Surge 40% as Quantum Release Drives MLGO Spike

MicroAlgo Shares Surge 40% as Quantum Release Drives MLGO Spike

MicroAlgo Inc. stock surged 39.95% Wednesday after the Shenzhen-based algorithm developer announced a proposed quantum image edge-extraction algorithm for noisy images. The news fueled heavy trading in MLGO, a small-cap name known for big swings. Shares finished the day at $5.36 after hitting $6.87 earlier, then dipped to $5.22 in after-hours trading, which means trades after the closing bell.
20 May 2026
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e.l.f. Beauty Earnings Beat Comes With a Catch for Wall Street

e.l.f. Beauty Earnings Beat Comes With a Catch for Wall Street

e.l.f. Beauty said Wednesday its outlook for fiscal 2027 sales and adjusted profit came in below Wall Street targets. The company flagged a possible $15 million to $20 million cost hit from oil prices linked to the Iran war, which could weigh on results even after a strong fourth quarter. Shares gained after hours as the cosmetics maker topped quarterly revenue and profit estimates.
20 May 2026
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RBC Stock Tops 52-Week High Ahead of May 28

RBC Stock Tops 52-Week High Ahead of May 28

Royal Bank of Canada shares hit a 52-week high Wednesday as Toronto stocks bounced back after two weak sessions. RBC was at C$257.55, up C$5.02, or 1.99%, at 3:49 p.m. EDT, after reaching C$257.91 earlier in the day. Canadian Imperial Bank of Commerce, National Bank of Canada and Bank of Nova Scotia moved higher too, with gains seen across the bank group, not just at RBC.
20 May 2026
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Reddit Pushes Past $150 but Ad Campaign Still Lags

Reddit Pushes Past $150 but Ad Campaign Still Lags

Reddit shares slipped around 5% late Wednesday, falling under $150 as the company launched new in-app ad tools it hopes will show growth in its ad business. The stock traded at $146.84, down 5.19%, at 3:56 p.m. EDT on Google Finance, after earlier bottoming at $143.91 with volume running much higher than usual.
20 May 2026
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Dow Rises After Nvidia Rally Ends Three-Day Wall Street Slide

Dow Rises After Nvidia Rally Ends Three-Day Wall Street Slide

Chip stocks jumped on Wednesday and helped Wall Street break a three-day slide. Nvidia’s earnings were in focus, while investors welcomed lower oil prices and falling Treasury yields. The Dow Jones Industrial Average finished up 581.66 points, or 1.18%, at 49,945.54, according to preliminary results. The S&P 500 added 68.20 points, or 0.93%, to close at 7,421.81. The Nasdaq Composite gained 344.12 points, or 1.33%, ending at 26,214.83.
20 May 2026
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Stock Market Today

  • Oil Slips on Friday Despite Weekly Gain as Gulf Tension Lingers
    July 9, 2026, 10:51 PM EDT. Brent crude was down 0.08% at $76.24 and U.S. WTI slipped 0.06% to $72.04 on Friday. Both benchmarks are up for the week, with Brent set for a 6% gain and WTI up 5%. U.S.-Iran military action in the Gulf, with attacks on U.S. assets and Iranian nuclear targets, have put supply risks in focus. The Strait of Hormuz is still closed, holding up about 20% of global oil and gas shipments. Comments from the U.S. government have aimed to assure markets by ruling out direct hits on Iranian energy facilities and playing down the threat of a broader war. Inflation concerns are still a drag on demand.
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