Today: 11 June 2026
Browse Category

Stock Market 22 May 2026

GlobalFoundries Stock Jumps on $375 Million Quantum Deal as U.S. Takes Stake in GFS

GlobalFoundries Stock Jumps on $375 Million Quantum Deal as U.S. Takes Stake in GFS

GlobalFoundries shares jumped 15% to $81.35 Thursday after the Commerce Department announced a planned $375 million award and a 1% government stake in the chipmaker. Trading volume topped 11 million shares, triple the prior day. The company launched a new quantum hardware unit as part of a $2 billion federal package for nine firms. The Commerce deal remains a letter of intent, not a finalized payment.
22 May 2026
····
T. Rowe Price Now in Focus as PNC Trims Stake

T. Rowe Price Now in Focus as PNC Trims Stake

PNC Financial Services cut its T. Rowe Price Group stake by 4.3% in Q4, selling 22,521 shares, according to a 13F filing. T. Rowe reversed its overweight in Australian equities and increased U.S. exposure amid inflation concerns. April assets under management rose to $1.825 trillion, but net outflows totaled $10.6 billion. First-quarter earnings per share reached $2.52, beating estimates.
22 May 2026
··
NIO Profit Surprise Fails to Lift Shares

NIO Profit Surprise Fails to Lift Shares

NIO’s U.S.-listed shares fell 5.5% to $5.29 in early premarket trading Friday, despite first-quarter revenue jumping 112% to $3.7 billion and vehicle deliveries nearly doubling. The company posted a net loss of $48.1 million under GAAP but reported an adjusted net profit. NIO forecast second-quarter deliveries of up to 115,000 vehicles and revenue as high as $4.99 billion. Rising material costs threaten vehicle margins.
22 May 2026
··
Intel Earnings Preview: AI Server-Chip Shortages Put Turnaround to the Test

Intel Stock Back Near $119 as Traders Position Ahead of Bell

Intel shares rose in premarket trading Friday, gaining up to 3.2% alongside other chip stocks as Nasdaq 100 futures advanced 0.5%. The stock closed Thursday at $118.50 after a volatile week and a sharp rebound from a five-day slide. Investors weighed optimism over Intel’s foundry push and Apple-related hopes, though details remain limited. U.S. markets are scheduled to close Monday for Memorial Day.
22 May 2026
·
Quantum Stocks Rally on $2 Billion Washington Move; QBTS, RGTI, INFQ Surge

Quantum Stocks Rally on $2 Billion Washington Move; QBTS, RGTI, INFQ Surge

D-Wave Quantum, Rigetti Computing, and Infleqtion shares each jumped over 30% Thursday after the U.S. Commerce Department announced $2 billion in preliminary CHIPS Act funding agreements for quantum firms. D-Wave, Rigetti, and Infleqtion each disclosed letters of intent for $100 million in proposed funding. IBM and GlobalFoundries also advanced on related news. Final awards and equity terms remain pending.
22 May 2026
····
Take-Two Gains Premarket After GTA VI Date Eases Top Concern

Take-Two Gains Premarket After GTA VI Date Eases Top Concern

Take-Two Interactive kept Grand Theft Auto VI’s Nov. 19 release date, sending shares up 7% in after-hours trading despite a weaker annual forecast. Fiscal fourth-quarter net bookings reached $1.58 billion, with GAAP revenue at $1.68 billion and net loss narrowing to $59.5 million. Fiscal 2027 bookings guidance missed analyst estimates. Grand Theft Auto V sales neared 230 million units.
22 May 2026
·
American Airlines Stock Jumps 5%—Focus Shifts to What’s Next

American Airlines Stock Jumps 5%—Focus Shifts to What’s Next

American Airlines shares slipped 0.6% to $13.51 in premarket trading Friday after a 4.94% rally Thursday. The company faces rising fuel costs, with Brent crude up 3.2% to $105.88 a barrel. CEO Robert Isom is set to address investors at a May 27 conference. American reported a $382 million first-quarter net loss and cut its 2026 earnings outlook, citing higher jet fuel expenses.
22 May 2026
··
Plug Power Shares Jump; Traders Eye AI Power Angle

Plug Power Shares Jump; Traders Eye AI Power Angle

Plug Power shares rose 14.2% to $3.78 on Thursday, lifted by sector momentum after Bloom Energy announced a major AI data-center power deal. Plug separately confirmed its Barrow Green Hydrogen project in Britain reached final investment decision and will supply Kimberly-Clark. Plug posted a first-quarter net loss of $245.3 million, wider than last year, and ended March with $802 million in cash.
22 May 2026
·····
IonQ Shares Pop In Quantum Move; U.S. Funds Go To Rival

IonQ Shares Pop In Quantum Move; U.S. Funds Go To Rival

IonQ shares closed at $58.89 Thursday, up 12.24%, as quantum-computing stocks surged after the U.S. Commerce Department announced $2.013 billion in incentives for the sector. IonQ was not among the direct recipients, with IBM and GlobalFoundries named for the largest awards. IonQ reported Q1 revenue of $64.7 million, up 755% year-over-year, and raised its full-year outlook. SkyWater shareholders approved a merger with IonQ on May 8.
22 May 2026
··
Connecticut Car-Accident Claims Are Getting Harder to Settle as Costs, Evidence Fights Mount

Connecticut Car-Accident Claims Are Getting Harder to Settle as Costs, Evidence Fights Mount

Mancini Law says Connecticut car-accident claims are growing more complex as medical treatment, recovery times, and insurance disputes lengthen settlements. State data show traffic deaths fell in 2025, but bicycle and pedestrian fatalities rose. Medical care and insurance costs are rising unevenly, fueling disputes over crash-related expenses. Lawyers warn early settlements may miss hidden injuries or future losses.
22 May 2026
Infleqtion shares react to $100 million quantum funding news in Washington

Infleqtion Stock Jumps 31% After $100 Million Quantum Funding Letter — Why the Rally Isn’t Simple

Infleqtion shares jumped 31.5% to $15.99 after hours Thursday following news of a proposed $100 million U.S. quantum-computing award. The NYSE-listed company reported a first-quarter operating loss of $33.6 million on $9.5 million in revenue and raised its 2026 revenue outlook to at least $40 million. The Commerce Department’s program totals $2.013 billion across nine companies.
22 May 2026
·
D-Wave Shares Climb After $100 Million U.S. Quantum Deal Adds Washington as Shareholder

D-Wave Shares Draw Investor Interest After Washington Quantum Funding

D-Wave Quantum traded near $28 in early premarket Friday after signing a letter of intent for $100 million in proposed U.S. funding, giving the Commerce Department an equity stake. Shares closed Thursday at $25.73, up 33.4%. The deal is not final and could be delayed or canceled. D-Wave reported $588.4 million in cash at March 31, with Q1 revenue down 81% to $2.9 million and a net loss of $18.4 million.
22 May 2026
··
Nvidia Shares Flat After Big Earnings Beat as Street Looks for More

Nvidia beats on earnings but shares slip as Wall Street looks past the quarter

Nvidia shares fell 1.77% to $219.51 Thursday despite reporting record quarterly revenue of $81.6 billion and forecasting $91 billion for the current quarter. The S&P 500 and Nasdaq both rose. Investors questioned whether Nvidia’s AI dominance can last as demand shifts to inference and rivals like AMD and Intel target the market. Nvidia raised its dividend to 25 cents and expanded its share buyback plan by $80 billion.
22 May 2026
···
ASX Ends Higher as Miners Lead, Guzman y Gomez Gains After U.S. Exit

ASX Ends Higher as Miners Lead, Guzman y Gomez Gains After U.S. Exit

Australian shares closed up 0.41% at 8,657 on Friday, led by miners and a 9.6% surge in Guzman y Gomez after the fast-food chain announced it would exit the U.S. market. Miners gained 1.3%, while Seek fell 5.6%. Softer jobs data eased rate-hike fears, with unemployment rising to 4.5% in April. The Reserve Bank’s cash rate remains at 4.35%.
22 May 2026
·······
India Shares Climb Even as Oil Hovers Near $105

India Shares Climb Even as Oil Hovers Near $105

Indian shares rose Friday, with the NSE Nifty 50 up 0.69% at 23,818.25 by 13:15 IST, led by private banks and select earnings gains. HDFC Bank and ICICI Bank climbed about 2% each. Central Bank of India dropped after the government launched an offer for sale of up to 8%. Oil prices, rupee moves, and possible RBI rate hikes continued to weigh on sentiment.
22 May 2026
········
1 … 68 69 70 71 72 … 1,540

Stock Market Today

  • Fairfax Financial Holdings (TSX:FFH) Shares Rise Amid Valuation Debate
    June 11, 2026, 5:11 AM EDT. Fairfax Financial Holdings (TSX:FFH) shares rose 1.2% to CA$2,279.69 after gaining 5.1% over the past week, despite a 12.5% year-to-date decline. Long-term returns remain strong, with total shareholder returns of 140.7% over three years and 342.8% over five years. Analysts value Fairfax at CA$2,744.92 per share, suggesting the stock is about 16.9% undervalued. However, forecasts vary widely, with price targets ranging from CA$1,724.45 to CA$3,262.44, reflecting differing views on future earnings, margins, and risks. Challenges include underwriting margin pressure from catastrophe losses and foreign exchange headwinds affecting emerging markets. Investors weigh whether current prices reflect genuine value or priced-in growth prospects.

Latest articles

Oracle Stock Moves Higher as AI Backlog Draws Focus

Oracle shares fall after data center spending outlook hits, even as cloud backlog hits new high

11 June 2026
Oracle shares plunged 8.9% in after-hours trading as investors balked at the company’s plan to raise about $40 billion in debt and equity to fund a massive AI data center buildout, despite record revenue and a $638 billion backlog; free cash flow was negative $23.7 billion in fiscal 2026 as capital spending soared, intensifying concerns over whether AI demand will translate into durable profit.
Nvidia Gets AI Approval From Apple But Shares Stay Flat

Nvidia’s $91 Billion Slide Leaves AI Stocks Facing Pressure

11 June 2026
Nvidia plunged 3.73% to $200.42 as investors questioned whether its $91 billion quarterly revenue outlook can withstand rising rates, inflation, and China export restrictions; the selloff hit AI and semiconductor stocks broadly, despite Nvidia’s record sales, making its next quarter’s results a critical test for sustaining its high valuation.
MoneySimpler Moves Into AI Crypto Trading Bots As Market Fills Up

MoneySimpler Moves Into AI Crypto Trading Bots As Market Fills Up

11 June 2026
MoneySimpler launches an AI-powered trading automation platform integrating crypto, forex, and equities for retail users without coding skills, as competition intensifies over dashboard features and AI capabilities; no audited returns or user data disclosed, leaving adoption and real-world performance uncertain.
Go toTop