Today: 17 May 2026
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Technology 15 May 2026 - 17 May 2026

Cisco shares touch record high on AI moves — what could drive CSCO now

Cisco shares touch record high on AI moves — what could drive CSCO now

Cisco shares closed at $118.21 after a 22% weekly gain, following strong earnings and an increased AI revenue outlook. The stock jumped 17% Thursday, its biggest one-day rise in over 20 years, adding about $70 billion in market value. Cisco reported $15.8 billion in Q3 revenue and announced nearly 4,000 job cuts. Arista Networks and Hewlett Packard Enterprise shares fell as Cisco surged.
17 May 2026
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Micron Faces Key Monday After Volatile Week

Micron Faces Key Monday After Volatile Week

Micron Technology shares closed at $724.66 on Friday, down 6.6% after a record-setting week, but remain up nearly 154% for the year. The drop followed a broader market selloff, with the S&P 500 down 1.2% and the Nasdaq off 1.5% as Treasury yields rose. Micron recently began sampling 256GB DDR5 server memory modules to partners. Samsung faces a possible strike May 21, potentially affecting memory chip supply.
17 May 2026
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Apple Breaks $300 Line; Investors Watch What’s Next Beyond the iPhone

Apple Breaks $300 Line; Investors Watch What’s Next Beyond the iPhone

Apple shares closed Friday at $300.23, up 2.4% for the week, while major U.S. indexes fell sharply. The company reported a 17% rise in quarterly revenue to $111.2 billion and record services revenue. Analysts at Wedbush and Evercore ISI raised price targets, citing growth in services and potential AI gains. U.S. iPhone sales rose 1.3% last quarter as overall smartphone sales declined.
17 May 2026
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Nokia’s AI stock rally set for Monday showdown after turbulent holiday week

Nokia’s AI stock rally set for Monday showdown after turbulent holiday week

Nokia shares closed Friday at 11.905 euros in Helsinki, up 8.8% from May 8 after a four-day trading week. The stock’s rally follows strong first-quarter results, with AI and cloud sales up 49% and a raised 2026 growth target. Nokia named Emma Falck as Mobile Infrastructure president, effective September 1. The OMX Helsinki 25 ended Friday at 6,272.91, up 0.5% from the previous week.
17 May 2026
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SpaceX IPO: BlackRock Talks, 5-for-1 Split Hint at $1.75 Trillion Deal

SpaceX IPO: BlackRock Talks, 5-for-1 Split Hint at $1.75 Trillion Deal

SpaceX plans to debut on Nasdaq as early as June 12 under the ticker SPCX, targeting about $75 billion in proceeds at a $1.75 trillion valuation. Shareholders approved a 5-for-1 stock split, with processing expected by May 22. BlackRock has discussed a possible $5 billion to $10 billion investment, though no agreement is final. SpaceX aims to release its prospectus as early as Wednesday.
17 May 2026
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Zeta Global Stock Rises as Snowflake Deal Comes Ahead of Key Vote

Zeta Global Stock Rises as Snowflake Deal Comes Ahead of Key Vote

Zeta Global shares closed at $17.19, up 3.68% Friday, outperforming major indexes after joining Snowflake’s Open Semantic Interchange data initiative. The stock retreated to $17.14 after hours. Zeta will present at the JPM 2026 Global Technology, Media and Communications Conference on Monday. First-quarter revenue jumped 50% to $396 million, prompting a full-year guidance raise.
17 May 2026
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Alphabet Stock Faces $4.8 Trillion Pressure After Ackman Exit, AI Bonds, Google I/O

Alphabet Stock Faces $4.8 Trillion Pressure After Ackman Exit, AI Bonds, Google I/O

Alphabet shares closed at $396.78 Friday, down 1.07% after Pershing Square, led by Bill Ackman, fully exited its stake to fund a new Microsoft position. Alphabet also raised $3.6 billion in its first yen bond sale, the largest by a foreign company. First-quarter revenue rose 22% to $109.9 billion, with Google Cloud revenue up 63% to $20 billion.
16 May 2026
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Atlassian Shares Jump 8% on Friday, Eyes on Monday for AI Interest

Atlassian Shares Jump 8% on Friday, Eyes on Monday for AI Interest

Atlassian shares jumped 8.16% to $87.46 Friday but ended the week down 4.5%. Truist Securities reiterated a Buy rating and $100 target after the Team 26 event, citing AI monetization as a key issue. Nasdaq regular trading resumes Monday. Atlassian last posted a fiscal Q3 revenue gain of 32% year-over-year to $1.787 billion but reported a GAAP operating loss of $56.3 million.
16 May 2026
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SpaceX Nasdaq Listing Draws Closer as IPO Timeline Accelerates

SpaceX Nasdaq Listing Draws Closer as IPO Timeline Accelerates

SpaceX plans to list on Nasdaq as early as June 12 under the ticker SPCX, seeking to raise about $75 billion at a $1.75 trillion valuation, sources told Reuters. The company aims to publish its prospectus next week, with investor meetings set for June 4. Bloomberg reported Brookfield has already placed a $2 billion bet ahead of the IPO. SpaceX’s filing includes supervoting shares and strict limits on shareholder proposals.
16 May 2026
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AT&T, Verizon, T-Mobile Rally Against Dead Zones With Uncommon Satellite Move, Eye Starlink Push

AT&T, Verizon, T-Mobile Rally Against Dead Zones With Uncommon Satellite Move, Eye Starlink Push

AT&T, Verizon, and T-Mobile announced plans to jointly build a satellite-based network to eliminate U.S. wireless dead zones, aiming to connect ordinary phones directly to satellites. The move follows the FCC’s approval of EchoStar’s $40 billion spectrum sale to SpaceX and AT&T. The carriers have an agreement in principle but have not finalized terms. AT&T reported $31.5 billion in Q1 revenue and $126.4 billion in net debt.
15 May 2026
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Stock Market Today

  • Church & Dwight and Household Products Stocks Q1 Review: Mixed Earnings and Market Reaction
    May 17, 2026, 5:33 PM EDT. Household products stocks showed resilience in Q1, beating revenue estimates by 2.7%, though share prices fell 3.5% on average. Church & Dwight (NYSE:CHD) reported $1.47 billion in revenue, slightly surpassing analyst forecasts by 0.7%, driven by strong organic sales. However, its earnings per share (EPS) guidance missed expectations, leading to a 1.9% stock decline post-report. CEO Rick Dierker highlighted continued brand strength and margin expansion fueling cash flow and investments. Meanwhile, Spectrum Brands (NYSE:SPB) emerged as a top performer with $708.9 million revenue. The sector's outlook reflects a mix of innovation and consumer preference shifts, especially towards eco-friendly products, underscoring varying company fortunes amid evolving market dynamics.

Latest articles

Ambev Stock Slips After Earnings Pop — Why Next Week Tests the Rally

Ambev Stock Slips After Earnings Pop — Why Next Week Tests the Rally

17 May 2026
Ambev shares closed Friday at 15.69 reais, down 0.51%, with a five-day loss of 3.86% but up 13.20% year-to-date. First-quarter net profit rose 2.1% to 3.89 billion reais, helped by Carnival and strong premium beer sales. The Ibovespa fell 0.61% Friday, setting a weaker backdrop for Monday’s open. Trading volume for Ambev reached about 31 million shares at the last close.
AMD’s AI Run Pauses, Eyes on What’s Next

AMD’s AI Run Pauses, Eyes on What’s Next

17 May 2026
AMD shares fell 5.7% to $424.10 Friday, capping a 7.6% weekly drop after a record rally and strong first-quarter results. The stock had reached $469.21 earlier in the week. AMD reported $10.3 billion in Q1 revenue, up 38% year over year, with Data Center sales rising 57%. Wall Street analysts raised price targets following the earnings report.
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