Today: 11 June 2026
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Stock Market 22 May 2026 - 23 May 2026

POET slips again as $400M AI optics plan triggers dilution worries

POET slips again as $400M AI optics plan triggers dilution worries

POET Technologies shares fell 1.55% to $14.59 Friday on Nasdaq, despite closing a $400 million private placement with one institutional investor. The company issued 19.05 million shares and warrants, aiming to expand manufacturing capacity tenfold. Trading volume reached 33.4 million shares, down from last week’s spike. First-quarter revenue was $503,389 with a net loss of $12.3 million.
23 May 2026
Dow Sets New Record While Inflation Stays in View

Dow Sets New Record While Inflation Stays in View

The Dow Jones Industrial Average closed at a record 50,579.70 on Friday, rising 0.6% as investors responded to progress in U.S.-Iran talks and strong earnings. The S&P 500 marked its eighth straight weekly gain. Dell surged 17% and HP 15% after Lenovo’s earnings, while Nvidia slipped 1.9%. U.S. consumer sentiment fell to a record low in May, according to the University of Michigan survey.
rYojbaba Stock Soars 149% in Nasdaq Trading

rYojbaba Stock Soars 149% in Nasdaq Trading

rYojbaba Co., Ltd. shares soared 148.8% to close at $5.00 on Nasdaq Friday, with trading volume topping 40.7 million shares—over three times its shares outstanding. The company reported a 19% drop in 2025 revenue and a 91% fall in net income, and recently replaced its CEO. No new operating news explained the surge. Rosen Law Firm is investigating possible securities claims.
Joby Aviation Up 5% as Air-Taxi Timeline Gets Focus

Joby Aviation Up 5% as Air-Taxi Timeline Gets Focus

Joby Aviation shares closed up 5% at $10.92 Friday, with trading volume above average ahead of the Memorial Day market pause. The company reported its first FAA-conforming aircraft had flown and ended March with $2.5 billion in cash, but posted a $110 million net loss on $24 million in quarterly revenue. Joby targets its first passenger flights in 2026.
Reddit Shares Fall as Meta Forum App Launches

Reddit Shares Fall as Meta Forum App Launches

Reddit shares fell 5.6% to $141.67 on Friday, trailing major U.S. indexes, after Meta launched Forum, a stand-alone, AI-assisted discussion app spun out of Facebook Groups. Forum allows users to join with Facebook credentials, post with nicknames, and use an AI-powered “Ask” feature. Reddit’s first-quarter revenue jumped 69% to $663 million, with daily active users up 17% to 126.8 million.
22 May 2026
Super Micro shares rise 6% on the day as company faces new China export probe

Super Micro shares rise 6% on the day as company faces new China export probe

Super Micro Computer shares climbed 6.3% to $35.58 Friday despite Taiwanese prosecutors opening a probe into suspected illegal exports of its AI servers to China. About 39 million shares traded after Nvidia’s strong results fueled optimism for AI hardware. U.S. stocks broadly rose, with the Dow closing at a record. Super Micro projected up to $12.5 billion in fiscal Q4 revenue and said supplier allocations remain steady.
Medline’s $2.7 billion stock sale puts demand for IPO favorite on the line

Medline’s $2.7 billion stock sale puts demand for IPO favorite on the line

Medline shareholders priced a 72.6 million-share secondary offering at $37 each, raising $2.68 billion, with the company receiving no proceeds. Shares traded near $37 late Friday, above the $29 IPO price but below December’s peak. The offering was upsized from 60 million shares, with underwriters holding an option for more. Major sellers include affiliates of Blackstone, Hellman & Friedman, and Abu Dhabi Investment Authority.
22 May 2026
Dow Sets New Record as Wall Street Looks Ahead to Next Challenge

Dow Sets New Record as Wall Street Looks Ahead to Next Challenge

The Dow Jones Industrial Average closed up 428.65 points, or 0.86%, at a record 50,714.31 on Friday, as delayed quotes showed gains across major indexes. Semiconductor and PC stocks surged, with Dell up 16% and Qualcomm up 12%. Bond yields eased, with the 10-year Treasury yield falling to 4.558%. Investors cited optimism over U.S.-Iran talks and strong corporate earnings.
Millrose shares back in focus as Dream Finders pushes Beazer deal

Millrose shares back in focus as Dream Finders pushes Beazer deal

Millrose Properties shares rose to $27.65 Friday after Dream Finders Homes renewed its $25.75-a-share cash bid for Beazer Homes, which Beazer’s board rejected as too low. Millrose has offered to provide up to $500 million in land-banking capital if Dream Finders succeeds, backed by a Goldman Sachs letter. Beazer said the bid was a 38% discount to its reported book value. Millrose reported Q1 net income of $122.9 million.
Marathon Digital shares approach $14 after miner’s AI push draws Wall Street notice

Marathon Digital shares approach $14 after miner’s AI push draws Wall Street notice

MARA Holdings shares climbed 3.25% to $13.99 Friday, outperforming as bitcoin fell 1.6% to $76,450. The move followed Wall Street gains ahead of Memorial Day and came without a new company release. Investors are weighing MARA’s shift from bitcoin mining to AI and data-center infrastructure. The company recently agreed to buy Long Ridge Energy & Power for $1.5 billion, pending regulatory approval.
Opendoor Shares Hold Flat With Mortgage Rate Pressure In Focus

Opendoor Shares Hold Flat With Mortgage Rate Pressure In Focus

Opendoor shares hovered near $4.55 Friday afternoon, little changed after a 3.9% gain Thursday, as investors weighed the company’s turnaround against rising mortgage rates. Freddie Mac reported the average 30-year fixed mortgage rate climbed to 6.51% from 6.36% a week earlier. U.S. single-family housing starts fell 9% in April. Nasdaq trading was set to close at 4 p.m. ET ahead of the Memorial Day holiday.
HPE Shares Gain Ahead of Earnings as Wall Street Pushes AI Hardware

HPE Shares Gain Ahead of Earnings as Wall Street Pushes AI Hardware

Hewlett Packard Enterprise shares climbed 9.9% to $37.33 in Friday trading, leading a surge in hardware and networking stocks ahead of its June 1 earnings call. Analysts cited strong demand for AI infrastructure and networking gear, but flagged risks around valuation and memory-chip costs. Dell and HP Inc. also posted double-digit gains. HPE was named a Leader in Gartner’s 2026 Magic Quadrant for enterprise networking.
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Stock Market Today

  • Morgan Stanley Raises Cloudflare Price Target to $305 on Strong AI-Driven Growth Outlook
    June 11, 2026, 1:30 AM EDT. Morgan Stanley sharply increased Cloudflare's (NET) stock price target to $305, citing a transformative 'platform shift' driven by a 1,700% surge in AI agent requests across its network. The investment bank maintained an overweight rating, highlighting Cloudflare's ambitious goals of over 30% revenue growth and 20% EBIT margins in 2027 alongside long-term operating margin targets above 30%. The $5 billion revenue run-rate target for 2028 and a revised free cash flow outlook underpin the bullish thesis. Cloudflare's rise in agent traffic, which already surpasses human internet traffic on its platform, signals a fundamental shift in internet architecture, prompting Morgan Stanley to apply a 48x enterprise value-to-free cash flow multiple in its valuation. The stock has outperformed the S&P 500 with a 27.02% return over the past year.

Latest articles

Tech stocks slide after hours, Oracle’s AI spending draws focus

Tech stocks slide after hours, Oracle’s AI spending draws focus

11 June 2026
Semiconductor stocks plunged 3.6%, dragging the S&P 500 technology sector into correction territory—down 11% from its June 2 record—as investors punished AI-linked companies like Oracle and Super Micro Computer for heavy spending and capital raises, signaling a shift in risk appetite amid rising inflation and escalating U.S.-Iran tensions.
Murphy USA Shares Spike 10% After Casey’s Margin Surge Rattles Gas Station Sector

Murphy USA Shares Spike 10% After Casey’s Margin Surge Rattles Gas Station Sector

11 June 2026
Murphy USA soared 10.04% to $612.16 as investors seized on Casey’s General Stores’ stronger-than-expected fuel margins, spotlighting sector-wide pump profitability; with Murphy’s own first-quarter fuel contribution up 40.6% and margins at 35.0 cents per gallon, the stock’s jump reflects bets that high margins will persist, though volatility in fuel prices remains a key risk.
Sky Quarry Jumps in After-Hours; Traders Eye June Refinery Restart

Sky Quarry Jumps in After-Hours; Traders Eye June Refinery Restart

11 June 2026
Sky Quarry soared 22.44% to $1.91 on record volume, then jumped to $2.38 after hours, as investors bet on a June refinery restart after repairs and a feedstock shortage crushed Q1 revenue to $383; with just $66,828 in cash and “substantial doubt” about its ability to continue, the stock’s fate hinges on hitting its June production target.
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