Today: 16 May 2026
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Technology 14 May 2026 - 16 May 2026

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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Ondas Stock Faces a $390 Million Test After Drone-Revenue Surge

Ondas Stock Faces a $390 Million Test After Drone-Revenue Surge

Ondas raised its 2026 revenue target to at least $390 million after first-quarter revenue jumped to $50.1 million from $4.3 million a year earlier. Shares traded near $11.20 Friday after a 27% gain Thursday. The company posted a $42.7 million operating loss and widened its adjusted EBITDA loss to $10.9 million. Backlog rose to $457 million, up from $68.3 million at the end of 2025.
15 May 2026
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Why Cerebras Stock Is Down Today: Wall Street Hits the Brakes After a Blowout AI IPO

Why Cerebras Stock Is Down Today: Wall Street Hits the Brakes After a Blowout AI IPO

Cerebras Systems shares fell about 4% to $298 in early Friday trading, retreating from Thursday’s $311.07 close after a 68% Nasdaq debut. The stock remained roughly 61% above its $185 IPO price. Investors cited concerns over high valuation, customer concentration, and how much OpenAI demand is already priced in. Cerebras raised $5.55 billion in its offering, which was expected to close Friday.
15 May 2026
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Pershing Square Inc. Bets on Microsoft as Ackman Sees an AI Bargain

Pershing Square Inc. Bets on Microsoft as Ackman Sees an AI Bargain

Bill Ackman said Friday that Pershing Square has built a new position in Microsoft, citing the stock’s “highly compelling” valuation. The disclosure follows Pershing Square’s $5 billion IPO and private placement last month. Ackman began buying Microsoft in February after a drop tied to slower cloud growth and heavy AI spending. Microsoft shares traded at $409.43, up 1% premarket.
15 May 2026
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Ackman’s Microsoft Bet Puts $190 Billion AI Spending Plan Back in Wall Street’s Crosshairs

Ackman’s Microsoft Bet Puts $190 Billion AI Spending Plan Back in Wall Street’s Crosshairs

Pershing Square will disclose a new stake in Microsoft in a 13F filing Friday, according to Bill Ackman. Microsoft shares have dropped about 15% this year amid concerns over AI spending and slower cloud growth. The company reported $82.9 billion in revenue and $31.8 billion in net income last quarter, but plans to invest around $190 billion in capital expenditures in 2026.
15 May 2026
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Figma Stock Jumps 10% Premarket After AI Tools Lift 2026 Revenue Forecast

Figma Stock Jumps 10% Premarket After AI Tools Lift 2026 Revenue Forecast

Figma raised its 2026 revenue forecast to $1.422 billion–$1.428 billion after first-quarter revenue jumped 46% to $333.4 million. Shares climbed 10.6% in premarket trading to $22.39. Paid customers rose 54% to about 690,000, with strong adoption of AI-linked products and new charges for AI credits. Figma began enforcing AI credit limits in March; over 75% of affected enterprise users kept using the service.
15 May 2026
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Dow Back Above 50,000 as Nvidia, Cisco AI Rally Faces Friday Yield Shock

Dow Back Above 50,000 as Nvidia, Cisco AI Rally Faces Friday Yield Shock

U.S. stock futures dropped early Friday, with Dow E-minis down 0.66%, S&P 500 E-minis off 1.07%, and Nasdaq 100 E-minis falling 1.56% after record closes. Cisco shares jumped 13.4% Thursday on strong earnings and a raised revenue forecast. The 10-year Treasury yield reached 4.54%, and Brent crude climbed to $109 a barrel as the Strait of Hormuz stayed closed. Investors await Nvidia and retailer earnings next week.
15 May 2026
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Mobix Labs Stock Soars 79% After Rare-Earth Deal Plan — Why MOBX Is Suddenly in the China Supply-Chain Fight

Mobix Labs Stock Soars 79% After Rare-Earth Deal Plan — Why MOBX Is Suddenly in the China Supply-Chain Fight

Mobix Labs shares jumped 78.74% to $3.11 Thursday after it signed a non-binding letter of intent to acquire Special Project Delivery, a U.S. critical-minerals and energy-storage platform. The company also amended a convertible note with Leviston Resources, raising principal to $4 million for $833,000 in new cash. SPD was formed in 2019 and is based in Newport Beach, California.
15 May 2026
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MicroAlgo Stock Jumps Before The Bell As Quantum Circuit Algorithm Puts MLGO Back In Play

MicroAlgo Stock Jumps Before The Bell As Quantum Circuit Algorithm Puts MLGO Back In Play

MicroAlgo Inc. announced a new algorithm for automating quantum circuit design, sending its shares up 13.18% to $4.55 at Thursday’s close and 20.88% higher in pre-market trading Friday. The company said its tool can generate and evaluate quantum circuits without pre-set specs and tested it on standard problems, but did not disclose customers, pricing, or a launch date.
15 May 2026
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Why Nvidia, Cisco, Cerebras, Boeing and Biogen Are the US Stocks to Watch Today

Why Nvidia, Cisco, Cerebras, Boeing and Biogen Are the US Stocks to Watch Today

Cisco will cut nearly 4,000 jobs and raised its annual revenue forecast after AI infrastructure orders hit $5.3 billion. Nvidia shares remain sensitive to U.S.-China chip policy after U.S. officials cleared Chinese firms to buy H200 processors, though no shipments have occurred. Cerebras debuted with a $5.55 billion IPO, opening at $350 per share. Boeing shares fell after China pledged to buy 200 jets, fewer than expected.
15 May 2026
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Google Stock Just Hit a Record. Why Alphabet Shares Slipped Anyway

Google Stock Just Hit a Record. Why Alphabet Shares Slipped Anyway

Alphabet Class A shares fell 0.4% to $401.07 on Thursday, pausing after a record run even as the S&P 500 and Nasdaq hit new highs. Investors weighed Google’s AI and cloud gains against persistent interest-rate concerns, with profit-taking outweighing news of a new robotics partnership with Fanuc. Alphabet’s market value stood near $4.86 trillion. Google Services revenue rose 16% last quarter, while Google Cloud jumped 63%.
15 May 2026
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Rackspace Stock Jumps 26% As AMD AI Deal Tests RXT Turnaround Story

Rackspace Stock Jumps 26% As AMD AI Deal Tests RXT Turnaround Story

Rackspace shares surged 26.34% to close at $7.29 on Thursday, hitting a 52-week high of $7.65 before slipping to $7.15 after hours. The rally followed first-quarter profit and a memorandum with AMD to build AI infrastructure, though the company still reported a non-GAAP loss and uneven segment growth. Trading volume topped 39 million shares. Analyst Keith Bachman maintained a Hold rating with a $5 target.
14 May 2026
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AST SpaceMobile Stock Jumps as AT&T, Verizon and T-Mobile Move to End Dead Zones

AST SpaceMobile Stock Jumps as AT&T, Verizon and T-Mobile Move to End Dead Zones

AST SpaceMobile shares rose 11.8% to $83.66 after AT&T, T-Mobile, and Verizon agreed in principle to form a joint venture for satellite-based direct-to-device service. The company said it expects to play a central role as carriers seek to extend coverage beyond cell towers. The venture still requires definitive agreements. Competition includes SpaceX, Skylo, and Amazon’s Globalstar partnership.
14 May 2026
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US Stock Market Today: Dow Retakes 50,000 as AI Rally Sends S&P 500, Nasdaq to Records

US Stock Market Today: Dow Retakes 50,000 as AI Rally Sends S&P 500, Nasdaq to Records

The Dow Jones closed above 50,000, with the S&P 500 and Nasdaq hitting new highs as Cisco shares surged after raising its AI infrastructure outlook and announcing nearly 4,000 job cuts. Nvidia gained after U.S. approval for Chinese firms to buy its H200 chips. Cerebras Systems soared 89% on its IPO debut. U.S. retail sales rose 0.5% in April; jobless claims increased by 12,000.
14 May 2026
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Stock Market Today

  • Nut Tree Capital Management Reveals 8.3% Stake in Trinseo PLC
    May 15, 2026, 6:45 PM EDT. Nut Tree Capital Management, including affiliates and CIO Jared R. Nussbaum, reported holding 8.3% of Trinseo PLC ordinary shares as of March 31, 2026. The shares, with a par value of $0.01 each, are held through Nut Tree Master Fund, LP, for which Nut Tree Capital Management serves as investment adviser. Trinseo, a materials company headquartered in Wayne, Pennsylvania, now counts Nut Tree as a significant shareholder. The disclosure complies with U.S. Securities and Exchange Commission rules requiring investors exceeding 5% ownership to file reports.

Latest articles

SpaceX Nasdaq Listing Draws Closer as IPO Timeline Accelerates

SpaceX Nasdaq Listing Draws Closer as IPO Timeline Accelerates

16 May 2026
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.
Broadcom Slips as AI Chip Stocks See Selling

Broadcom Slips as AI Chip Stocks See Selling

16 May 2026
Broadcom shares fell 3.3% to $425.19 on Friday, leading a sector-wide drop in AI-linked chip stocks after a recent rally. No company-specific news triggered the decline. Higher oil prices and Treasury yields fueled inflation concerns, raising expectations that the Federal Reserve could keep interest rates elevated. Nvidia and AMD also posted sharp losses.
Alphabet Drops After Ackman Sells, Tech Stocks Slump

Alphabet Drops After Ackman Sells, Tech Stocks Slump

16 May 2026
Alphabet shares fell 1.1% Friday after Bill Ackman’s Pershing Square disclosed it sold its entire Alphabet stake to fund a new Microsoft position. The Nasdaq dropped 1.54% as rising oil prices and Treasury yields pressured tech stocks. Microsoft rose 3.1% on the news. Alphabet reported Q1 revenue up 22% to $109.9 billion, but raised 2026 capex guidance to as much as $190 billion.
Macy’s jumps after Berkshire Hathaway stakes claim as tariff worries loom

Macy’s jumps after Berkshire Hathaway stakes claim as tariff worries loom

16 May 2026
Berkshire Hathaway disclosed a $55 million stake in Macy’s, sending the retailer’s shares up 5.9% in after-hours trading. The position, revealed in a quarterly SEC filing, covers about 3.04 million shares as of March 31. Macy’s board declared a quarterly dividend of 19.15 cents per share, payable July 1. The company forecast lower net sales for fiscal 2026 amid ongoing tariff and consumer spending pressures.
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