Today: 22 May 2026
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Technology 21 May 2026 - 22 May 2026

AST SpaceMobile and Quantum Computing stocks now seen as Wall Street frontier bets

AST SpaceMobile and Quantum Computing stocks now seen as Wall Street frontier bets

AST SpaceMobile shares rose 11% and Quantum Computing Inc. jumped nearly 16% late Friday morning. AST reported $14.7 million in Q1 revenue and a $191 million net loss, while Quantum Computing Inc. posted $3.7 million in revenue and a $4.1 million net loss. Gains followed investor interest in space stocks and new public funding headlines for quantum firms.
22 May 2026
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Wall Street Pushes Dell’s AI Run Again But Sends a Caution

Wall Street Pushes Dell’s AI Run Again But Sends a Caution

Dell Technologies shares surged over 10% Friday, hitting a 52-week high of $283.30 after Wells Fargo raised its price target to $270. Morgan Stanley also lifted its target but kept an Underweight rating, citing risks like memory inflation and supply shortages. Dell reports fiscal Q1 results May 28, with consensus estimates at $3.00 EPS and $34.95 billion revenue. The company reported $64 billion in AI-optimized server orders for fiscal 2026.
22 May 2026
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Nokia Shares Jump on Friday, Investors Focus on AI Network Play

Nokia Shares Jump on Friday, Investors Focus on AI Network Play

Nokia shares rose 8.2% to 13.09 euros in Helsinki late Friday, far outpacing the OMX Helsinki 25 index’s 0.9% gain. The rally followed Nokia’s launch of an AI networking lab in Sunnyvale, California, with partners including AMD and Lenovo. Investors have increased bets on Nokia’s AI and cloud business since April, after the company reported a 49% jump in sales to those customers.
22 May 2026
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Archer Aviation Rises as Air-Taxi Hopes Return

Archer Aviation Rises as Air-Taxi Hopes Return

Archer Aviation stock traded at $6.14 in premarket Friday after jumping 5.8% Thursday on heavy volume, as investors watched FAA certification progress for its Midnight eVTOL aircraft. Archer reported a Q1 net loss of $217.7 million and ended March with $1.78 billion in cash. The company expects initial U.S. operations in 2026 under a federal pilot program. S&P 500 and Nasdaq futures were higher before the open.
22 May 2026
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Meta Cuts 8,000 Jobs as Zuckerberg Pushes AI Ambitions

Meta Cuts 8,000 Jobs as Zuckerberg Pushes AI Ambitions

Meta Platforms CEO Mark Zuckerberg told staff he does not expect more company-wide layoffs this year after cutting about 8,000 jobs and shifting thousands to AI roles, affecting roughly 10% of the workforce. Meta raised its 2026 capital spending forecast to $125–$145 billion. Some employees questioned the reassurance, noting the wording left room for smaller cuts. U.S. laid-off workers will receive at least 16 weeks’ pay and extended healthcare.
22 May 2026
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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
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WhiteFiber Stock Rips 22% on $160 Million AI Deal. The Test Comes in July

WhiteFiber Stock Rips 22% on $160 Million AI Deal. The Test Comes in July

WhiteFiber shares jumped 22.2% to $29.55 after announcing a five-year AI compute contract worth over $160 million for a Paris-region deployment using NVIDIA GPU systems. Google Finance showed the stock rising further after hours. The project is backed by planned financing and 12 months of customer prepayments, but funding and execution remain pending. Service is expected to start in July, subject to equipment delivery and acceptance.
22 May 2026
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Ackman Sold Alphabet, Bought Microsoft in Split AI Play

Ackman Sold Alphabet, Bought Microsoft in Split AI Play

Bill Ackman’s Pershing Square sold nearly all its Alphabet shares and bought a $2.09 billion stake in Microsoft, SEC filings show. The fund now holds 5.65 million Microsoft shares and raised its Amazon position by 19%. Alphabet and Amazon both reported strong cloud and AI growth last quarter. Daniel Loeb’s Third Point made opposite moves, cutting Microsoft and adding Alphabet.
22 May 2026
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Why AMD stock is down: hot U.S. wholesale inflation and Nvidia slump weigh on Advanced Micro Devices

AMD stock rises after $10 billion Taiwan AI move targets Nvidia

AMD shares rose 0.4% to $449.59 after the company announced plans to invest over $10 billion in Taiwan’s AI supply chain and begin production of its next EPYC server chip using TSMC’s 2-nanometer process. Amkor said it is working with AMD on advanced chip packaging in Arizona. TSMC’s U.S.-listed shares gained 1.4%, while Nvidia fell 1.8% and Intel slipped 0.4%.
22 May 2026
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Dow Sets New High as Oil, Nvidia Unsettle Wall Street

Dow Sets New High as Oil, Nvidia Unsettle Wall Street

The Dow Jones closed at a record 50,285.66 on Thursday, lifted by a 12.5% jump in IBM after it secured $1 billion in federal funding for a quantum-chip venture. Brent crude fell 2.3% to $102.58 a barrel, easing inflation concerns. Nvidia dropped 1.8% despite strong earnings, while Ralph Lauren rose 13.9% and Walmart slid 7.3% on profit news. U.S. jobless claims fell to 209,000 last week.
21 May 2026
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QuantumScape shares rise 9% as battery play picks up steam

QuantumScape shares rise 9% as battery play picks up steam

QuantumScape shares jumped 9.13% to $8.37 Thursday, outpacing the S&P 500 and Nasdaq. The company reported initial QSE-5 cell production from its new Eagle Line and ongoing partnerships with Volkswagen and other major automakers. First-quarter net loss reached $100.8 million, with $904.7 million in liquidity at quarter’s end. QuantumScape reaffirmed its full-year adjusted EBITDA loss guidance.
21 May 2026
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Spotify jumps after Universal AI deal, 2030 outlook

Spotify jumps after Universal AI deal, 2030 outlook

Spotify shares rose 13.5% to $491.92 Thursday after announcing a new AI music licensing deal with Universal Music Group and unveiling growth targets at its investor day in New York. The company projected mid-teens annual revenue growth through 2030, gross margin of 35–40%, and operating margin above 20%. Spotify reported 761 million monthly active users in April.
21 May 2026
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Nebius Shares Surge 15% After $2.6 Billion AI Power Plan Announced

Nebius Shares Surge 15% After $2.6 Billion AI Power Plan Announced

Nebius Group N.V. shares surged 15.6% to $221.72 after announcing a fuel cell power deal with Bloom Energy, securing up to 328 MW of on-site electricity capacity for its AI infrastructure. The agreement could cost Nebius up to $2.6 billion over 10 years. Bloom shares rose 12.2% on the news. Nebius's first-quarter revenue jumped to $399 million from $50.9 million a year earlier.
21 May 2026
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Micron Beats Market as Samsung Deal Lifts Shares

Micron Beats Market as Samsung Deal Lifts Shares

Micron shares climbed $14.82 to $746.81 on Thursday, outperforming the SMH semiconductor ETF and QQQ, which both fell. The rally followed Samsung’s suspension of a planned 18-day strike by 48,000 union members after a tentative pay deal. Micron’s operations chief said demand continues to outpace supply. Samsung union members will vote on the agreement between May 22 and May 27.
21 May 2026
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Destiny Tech100 Gains Pre-Market as SpaceX IPO Buzz Mixes With AI Stock Warnings

Destiny Tech100 Gains on IPO Hopes for SpaceX

Destiny Tech100 Inc. shares surged 18.1% to $57.40 midday Thursday after SpaceX’s IPO filing drew attention to the fund’s 14.5% exposure to the rocket company. DXYZ traded at 2.3 times its March 31 net asset value of $24.56. The fund also holds stakes in Anthropic and OpenAI, with cash making up 31.4% of assets. DXYZ remains volatile, still below its May 11 high near $71.
21 May 2026
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IREN Stock Jumps Again as Nvidia AI Bet Keeps Buyers Coming Back

IREN Stock Jumps Again as Nvidia AI Bet Keeps Buyers Coming Back

IREN shares jumped 5.7% to $55.71 on Nasdaq Thursday after the company announced a $3.4 billion Nvidia cloud contract and $3.0 billion in convertible-note financing. Trading volume reached about 19.4 million shares, with a market value near $18.6 billion. The gains came as major indexes fell and Nvidia’s stock slipped after earnings. Investors weighed IREN’s AI expansion against dilution and debt risks.
21 May 2026
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Stock Market Today

  • Wall Street Climbs as U.S. Household Sentiment Worsens
    May 22, 2026, 12:40 PM EDT. U.S. stock markets pushed higher Friday, with the S&P 500 rising 0.7%, marking an eighth consecutive week of gains. The index edged closer to its all-time high, reflecting strong investor confidence despite broader economic concerns. Meanwhile, U.S. household sentiment, a gauge of consumer confidence, continued to deteriorate, indicating growing public wariness about economic conditions. This contrast highlights a disconnect between stock market performance and the mood of average Americans. Investors remain focused on corporate earnings and Federal Reserve policies, even as consumer caution signals potential headwinds ahead.

Latest articles

Ondas Stock Faces Its Next Test After $196.6 Million AI-Defense Deal

Ondas Stock Faces Its Next Test After $196.6 Million AI-Defense Deal

22 May 2026
Ondas shares rose 0.54% to $9.23 in New York Friday after closing its $196.6 million stock acquisition of Israel’s Omnisys on May 21. The company also filed to register the resale of 2.7 million shares tied to a separate Mistral deal. U.S. markets will close Monday for Memorial Day, leaving one session for investors to react. Ondas’ market value stood at $4.57 billion, well below its 52-week high.
HP Up 15% Before Earnings, Wall Street Warns on Rally

HP Up 15% Before Earnings, Wall Street Warns on Rally

22 May 2026
HP Inc. shares surged 15.5% to $25.29 by midday Friday, outpacing the S&P 500 and Nasdaq ahead of its May 27 earnings report. Dell Technologies and Hewlett Packard Enterprise also posted strong gains. Analysts remain divided, with Bank of America maintaining a Sell rating and JPMorgan raising its target to $22, still below HP’s current price. Interim CEO Bruce Broussard leads HP after Enrique Lores stepped down in February.
PicoCELA Jumps Over 100% with Nasdaq Float Draws In Traders

PicoCELA Jumps Over 100% with Nasdaq Float Draws In Traders

22 May 2026
PicoCELA’s U.S.-listed shares surged 141% to $5.43 by midday Friday, with trading volume topping 22 million shares. The spike followed a 60.7% jump Thursday and came despite no new operating news. Shareholders are set to vote May 30 on expanding a Class A preferred share allotment. The company’s float is about 1.08 million shares, according to TipRanks.
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