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Stock Market 21 May 2026

GlobalFoundries shares jump after U.S. quantum funding news

GlobalFoundries shares jump after U.S. quantum funding news

GlobalFoundries shares surged 12.7% to $79.75 after the company announced a $375 million letter of intent from the U.S. Department of Commerce to support quantum-chip manufacturing. Trading volume topped 3.4 million shares by mid-morning. The company also launched Quantum Technology Solutions and will pay its first quarterly dividend on July 14. The Nasdaq fell 0.4% in early trading.
21 May 2026
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Apellis Stock Disappears From Nasdaq as Biogen $41 Billion Buyout Faces Final Hurdle

Apellis Stock Disappears From Nasdaq as Biogen $41 Billion Buyout Faces Final Hurdle

Biogen completed its $5.3 billion acquisition of Apellis Pharmaceuticals, ending APLS trading on Nasdaq as of May 15. Former Apellis shareholders receive $41 per share in cash and a contingent value right tied to future Syfovre sales. Biogen shares rose 0.6% early Thursday. The CVR pays only if Syfovre meets specific sales milestones; there is no guarantee of payout.
21 May 2026
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Quantum computing stocks rally: IonQ, Rigetti, D-Wave, QUBT prices jump as traders look to the week ahead

QUBT Moves After $2 Billion U.S. Quantum Push

Quantum Computing Inc. shares rose 12.2% to $10.73 in early Nasdaq trading Thursday, with volume near 16 million, after a U.S. government funding push for the sector. QCI was not named among recipients of the $2 billion federal quantum investment reported by Reuters. Other stocks in the sector, including Rigetti and D-Wave, posted larger gains. QCI recently reported first-quarter revenue of $3.7 million after acquiring Luminar Semiconductor.
21 May 2026
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Nike stock climbs but analysts hold back on turnaround calls

Nike stock climbs but analysts hold back on turnaround calls

Nike shares climbed 3.4% to $44.07 Wednesday as falling oil prices and lower U.S. Treasury yields boosted consumer stocks. Nike reported flat quarterly revenue at $11.3 billion, with direct-to-consumer sales down 4% and net income down 35%. The company plans to launch a Google Gemini-powered shopping feature in June. Nike’s global footwear market share slipped to 22.9% in 2025, while Adidas gained, Reuters said.
21 May 2026
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Infleqtion shares react to $100 million quantum funding news in Washington

Infleqtion shares react to $100 million quantum funding news in Washington

Infleqtion shares rose 5.1% premarket Thursday after the U.S. Commerce Department signed a preliminary $100 million funding letter for its neutral-atom quantum computing project, which would also give the government stock in the company. The proposed award, not yet final, is contingent on milestones and approvals. INFQ last traded at $11.18 before the New York open. D-Wave and Rigetti also saw premarket gains.
21 May 2026
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MARA Stock Just Jumped — Now Its $1.5 Billion AI Power Bet Faces a Test

MARA Stock Just Jumped — Now Its $1.5 Billion AI Power Bet Faces a Test

MARA Holdings shares slipped to $13.10 in pre-market trading Thursday after a 5.7% jump, as insider filings showed CEO Fred Thiel and CFO Salman Khan sold shares at $12 each under pre-arranged plans. The moves follow MARA’s $1.5 billion deal to acquire Long Ridge Energy & Power, adding a 505-megawatt Ohio gas plant and land for AI-focused data centers. The transaction awaits regulatory approval and is expected to close in late 2026.
21 May 2026
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Nvidia Shares Flat After Big Earnings Beat as Street Looks for More

Nvidia Shares Flat After Big Earnings Beat as Street Looks for More

Nvidia reported first-quarter revenue of $81.6 billion, up 85% from a year earlier, and forecast $91 billion for the second quarter, topping Wall Street estimates. Shares were little changed premarket at $223.29 despite the strong results and an $80 billion share buyback announcement. Data-center revenue rose 92% to $75.2 billion. Nvidia raised its quarterly dividend to 25 cents from 1 cent.
21 May 2026
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NIO Stock Rises Before Onvo L80 Launch as China EV Demand Faces a Hard Test

Nio slips to red, but margin draws investor attention

Nio reported first-quarter revenue up 112.2% to RMB25.53 billion ($3.70 billion) and vehicle margin rising to 18.8%. The company posted a net loss of RMB332.1 million, compared to a profit in the previous quarter. Deliveries reached 83,465 vehicles, nearly doubling from a year earlier but down from the fourth quarter. Nio forecast second-quarter revenue and deliveries above analyst expectations.
21 May 2026
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Walmart tops estimates, Wall Street reacts to warning

Walmart tops estimates, Wall Street reacts to warning

Walmart reported first-quarter net revenue of $177.8 billion, up 7.3%, but shares fell 2% in premarket trading after it forecast weaker-than-expected second-quarter sales and profit. U.S. comparable sales rose 4.1%, and e-commerce jumped 26%. Fuel costs cut operating income by 2.5 percentage points. The company kept its full-year sales and profit outlook unchanged.
21 May 2026
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Quantum Stocks Surge on $2 Billion Play; IonQ Faces Next Hurdle

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

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.
21 May 2026
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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

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.
21 May 2026
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VIDA Global Stock Draws Attention After AI Agent IPO

VIDA Global Stock Draws Attention After AI Agent IPO

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.
21 May 2026
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Enphase shares climb 14% as Wall Street looks at solar stock again

Enphase shares climb 14% as Wall Street looks at solar stock again

Enphase Energy shares jumped 13.7% to close at $53.15 Wednesday, just below last week’s 52-week high. Goldman Sachs raised its price target to $57 and maintained a Buy rating. Trading volume reached 11.1 million shares, well above the 50-day average. Enphase reported a 23% drop in U.S. first-quarter revenue and a 48% decline in sell-through demand from the prior quarter.
21 May 2026
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Plug Power’s UK hydrogen move may shake up PLUG shares but cash remains a risk

Plug Power’s UK hydrogen move may shake up PLUG shares but cash remains a risk

Plug Power shares traded at $3.31, down 0.3% premarket Thursday, after announcing its UK Barrow Green Hydrogen project had reached final investment decision. The company will supply six 5 MW electrolyzers to the project, which aims to cut Kimberly-Clark’s Barrow plant gas use by up to 50%. Plug reported Q1 revenue up 22% to $163.5 million but posted a GAAP loss of 18 cents per share.
21 May 2026
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Dow slides 406 points as the AI surge stalls and an oil shock rattles the US market

US Futures Edge Up After Nvidia Earnings, Wall Street Watches AI Stocks

U.S. stock index futures rose slightly early Thursday, with Dow futures up 111 points and S&P 500 and Nasdaq 100 futures posting smaller gains. Nvidia reported record quarterly revenue of $81.6 billion and announced an $80 billion share buyback, but shares slipped in premarket trading. The U.S. 10-year Treasury yield hovered near 4.58%. Oil prices edged lower amid ongoing Middle East developments.
21 May 2026
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Nu Holdings Shares Rebound as Street Scrutinizes Credit Again

Nu Holdings Shares Rebound as Street Scrutinizes Credit Again

Nu Holdings shares hovered near $12.79 in early New York indications Thursday after a 4.1% rebound, but remained down 23.6% for 2026. UBS cut its price target to $16.90 from $18.10 while keeping a Buy rating. The company reported record first-quarter revenue and profit but increased loan-loss reserves, raising investor concerns over credit quality.
21 May 2026
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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.
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