Today: 26 May 2026
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Technology 23 May 2026 - 25 May 2026

Kraken Robotics Gains 9% on Covelya Deal Chatter

Kraken Robotics Gains 9% on Covelya Deal Chatter

Kraken Robotics shares rose 8.9% to C$7.94 on the TSX Venture Exchange by midday Monday, rebounding after a 4.95% drop Friday. Trading volume reached about 576,260 shares. No new company statement was released; investors await updates on Kraken’s pending C$615 million Covelya acquisition, expected to close in the second quarter. Canadian markets remained open while U.S. exchanges closed for Memorial Day.
Celestica Rallies After Hours While U.S. Markets Shut—AI Buzz Lifts CLS

Celestica Rallies After Hours While U.S. Markets Shut—AI Buzz Lifts CLS

Celestica shares rose 2.61% to C$521.27 in Toronto Monday as U.S. markets closed for Memorial Day, leaving TSX as the only active venue. The stock remained below its 52-week high. S&P/TSX Composite hit a record, led by materials, while tech stocks continued to draw attention. Celestica last reported Q1 revenue up 53% to $4.05 billion, driven by demand for AI data-center infrastructure.
Keel Infrastructure Stock Is Jumping — Now Comes the AI Lease Test

Keel Infrastructure Stock Is Jumping — Now Comes the AI Lease Test

Keel Infrastructure’s Toronto-listed shares rose 6.94% to CA$7.09 on Monday, while its Nasdaq line remained closed for Memorial Day after ending Friday at $4.81, up 3.66%. Investors are watching Keel’s pivot from bitcoin mining to leasing power-backed data centers for AI. First-quarter revenue fell 23% to $37 million, with a $128 million loss from continuing operations. Keel reported $533 million in liquidity.
Qualcomm Shares Surge 13% After Stellantis Deal Announced

Qualcomm gains after Stellantis AI deal while holiday rally sets up next week’s test

Qualcomm shares jumped 11.6% Friday to $238.16, capping an 18.2% weekly gain after Stellantis announced an expanded deal to use Qualcomm’s Snapdragon Digital Chassis in vehicles. Trading volume hit 30.38 million shares. U.S. markets will close Monday for Memorial Day. Qualcomm’s latest quarter showed handset revenue down 13%, but automotive revenue up 38% to $1.33 billion.
Micron Shares Swing, Investors Eye AI-Memory Challenge Next Week

Micron Shares Swing, Investors Eye AI-Memory Challenge Next Week

Micron shares closed Friday at $751.00, down 1.46% but up 3.6% for the week, ahead of a Memorial Day market closure. The company announced the start of 1-alpha DRAM production at its Manassas, Virginia, facility, part of a $2 billion expansion. Samsung workers in South Korea are voting on a pay deal that could affect memory supply. Micron reported strong quarterly results and raised its revenue outlook.
IREN Stock Pauses as Nvidia Rally Cools Before Holiday

IREN Heads Into Holiday Week With Russell 3000 Addition, Nvidia Tie-Up, $3 Billion Backing

IREN closed Friday at $56.83, down 2.1% for the day but up 7.3% from the previous week, after FTSE Russell’s preliminary list showed it as a planned addition to the Russell 3000 Index. Nasdaq will be closed Monday for Memorial Day, with trading resuming Tuesday. IREN’s week saw heavy trading and sharp swings following news of a $3.4 billion AI cloud contract with Nvidia.
BlackBerry Rallies 19%; Quiet Holiday Week Could Test QNX Momentum

BlackBerry Rallies 19%; Quiet Holiday Week Could Test QNX Momentum

BlackBerry’s U.S. shares surged 18.95% to $7.91 on Friday, with Toronto shares up 18.52% to C$10.88, as trading volume topped 57 million. The jump followed news that BlackBerry’s AtHoc platform secured 2026 FedRAMP High re-certification and QNX is set to appear at the Robotics Summit in Boston. Fourth-quarter revenue rose 10% to $156 million, with QNX posting record sales.
Ondas Shares Look to Tuesday After AI Defense Contract and Share Resale Filings

Ondas Shares Look to Tuesday After AI Defense Contract and Share Resale Filings

Ondas Inc. closed a $196.6 million all-stock acquisition of Israel’s Omnisys, registering shares for resale tied to recent deals. Ondas shares fell 1.31% to $9.06 Friday, underperforming the Nasdaq Composite ahead of the Memorial Day market closure. A May 21 filing detailed Omnisys sellers face a daily cap on share sales. Omnisys, with 185 employees, is expected to add over $100 million in revenue across 2026 and 2027.
D-Wave’s $100 Million Move Follows Holiday Stock Pop

D-Wave’s $100 Million Move Follows Holiday Stock Pop

D-Wave Quantum shares surged 44.5% for the week, closing at $29.40 Friday, after the U.S. Commerce Department named it for $100 million in planned CHIPS Act funding. The company reported Q1 revenue of $2.9 million, down 81% year-over-year, and a net loss of $18.4 million. No U.S. trading will occur Monday due to Memorial Day. D-Wave plans to issue $100 million in stock to the government if the award is finalized.
Rigetti Stock’s $100 Million Weekend Question: Can RGTI Hold Its Quantum Rally?

Rigetti Stock’s $100 Million Weekend Question: Can RGTI Hold Its Quantum Rally?

Rigetti Computing shares surged 19.87% Friday to $26.42, up 48% for the week, after signing a letter of intent with the U.S. Commerce Department for up to $100 million in quantum research funding. The move followed news that Washington will invest $2 billion in nine quantum firms, including Rigetti. The company reported a Q1 operating loss of $26 million on $4.4 million revenue. The Commerce deal remains subject to final agreements.
Investors Eye May 16 After Turbulent Week for Planet Labs

Planet Labs Stock Climbs Ahead of Holiday Weekend with June Earnings in Sight

Planet Labs shares closed at $44.35 on Friday, up 4.3%, and gained 6.6% for the week ahead of the Memorial Day market holiday. The company will report fiscal first-quarter results after the June 4 close. Planet recently released images from new Pelican satellites and signed contracts in Sweden, the Czech Republic, and Greece. The NYSE will reopen Tuesday.
Coherent Shares Trade Close to $378, With Next Test Set for Tuesday After Volatile AI-Optics Week

Coherent Shares Trade Close to $378, With Next Test Set for Tuesday After Volatile AI-Optics Week

Coherent Corp. shares closed at $377.57 Friday, down 0.1% for the day and 1.3% below last week, underperforming the S&P 500 and Nasdaq ahead of the Memorial Day market closure. The company reported fiscal Q3 revenue of $1.81 billion, up 21% year-over-year, with strong demand in datacenter and communications. Nvidia invested $2 billion in March and signed a multi-year optics agreement. Coherent trades at 179 times trailing earnings.
Intuit Slashes 3,000 Jobs as TurboTax Faces New AI Threats

Intuit Slashes 3,000 Jobs as TurboTax Faces New AI Threats

Intuit will cut about 3,000 jobs, or 17% of its workforce, and close offices in Reno and Woodland Hills as it restructures to focus on artificial intelligence. The company expects $300 million to $340 million in charges, mostly in the fiscal fourth quarter. Intuit raised full-year revenue guidance but lowered its TurboTax outlook, citing pressure from low-cost AI tools. Shares last traded at $319.94 after a volatile week.
Velo3D Jumps Back Into Focus for Traders Before Memorial Day

Velo3D Jumps Back Into Focus for Traders Before Memorial Day

Velo3D shares surged 13.4% to $23.06 Friday, then gained another 3.2% after hours, nearing a 52-week high ahead of the Memorial Day market closure. The rally followed reports linking the metal 3D-printing firm to SpaceX’s IPO plans and recent strong earnings. Weekly gains totaled 24%. Trading volume on Friday reached about 4.75 million shares, above recent averages.
Harmonic Shares Jump, Eyes on Video Unit Sale

Harmonic Shares Jump, Eyes on Video Unit Sale

Harmonic Inc. shares jumped 19.7% Friday to $15.20, capping a 21% weekly gain on heavy volume after the company raised its 2026 broadband revenue outlook to $475 million–$495 million. First-quarter broadband revenue rose 43% to $121.7 million, with backlog and deferred revenue up 87%. Nasdaq will be closed Monday for Memorial Day; trading resumes Tuesday.
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Stock Market Today

  • Japan Slides to Third-Largest Creditor Behind China Despite Record Assets
    May 25, 2026, 9:11 PM EDT. Japan slipped to become the world's third-largest net creditor in 2025, falling behind China, the Finance Ministry reported on Tuesday. Despite this drop in ranking, Japan's net external assets reached a record high. Net external assets represent the value of foreign assets held by a country minus its liabilities. This shift highlights changes in global creditor standings as Japan's financial position grows but relative ranking declines.

Latest articles

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

Infleqtion Shares Up 31% This Week After $100 Million Quantum Contract, Eyes on Tuesday Trading

26 May 2026
Infleqtion shares surged 11.2% Friday to $16.35, capping a 31.4% weekly gain ahead of the Memorial Day market closure. The rally followed a May 21 letter of intent with the U.S. Commerce Department for up to $100 million in proposed funding under the CHIPS Act. The award is not final and depends on meeting development milestones. U.S. equity markets reopen Tuesday after the holiday.
Plug Power Stock Pauses After a Wild Week. The Next Test Is Cash.

Plug Power Stock Pauses After a Wild Week. The Next Test Is Cash.

26 May 2026
Plug Power shares closed at $3.78 on May 22 after a volatile week, rebounding 14.2% on May 21 following news of a final investment decision for its 30-megawatt Barrow Green Hydrogen project in the UK. The company reported Q1 revenue up 22% to $163.5 million and improved gross margin, but analysts remain cautious, with price targets ranging from $2.50 to $5. U.S. markets were closed May 25 for Memorial Day.
Archer Aviation Stock Paused Monday, Traders Watching Tuesday for ACHR Direction

Archer Aviation Stock Paused Monday, Traders Watching Tuesday for ACHR Direction

26 May 2026
Archer Aviation (ACHR) closed Friday at $6.36, up 5.1% for the week, before slipping to $6.29 in after-hours trading. The company reported a Q1 net loss of $217.7 million on $1.6 million revenue, with $1.78 billion in cash at quarter’s end. Archer says it completed Phase 3 of FAA certification for its Midnight eVTOL. Investors await updates on Phase 4 testing and U.S. pilot program plans.
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