Today: 24 May 2026
Browse Category

Technology 22 May 2026 - 24 May 2026

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.
24 May 2026
···
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.
23 May 2026
···
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.
23 May 2026
··
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.
23 May 2026
··
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.
23 May 2026
··
Skyworks Shares Pop 12% Ahead of Holiday as Qorvo Deal Draws Attention

Skyworks Shares Pop 12% Ahead of Holiday as Qorvo Deal Draws Attention

Skyworks Solutions shares surged 12.08% to $82.42 Friday, capping a volatile week ahead of a three-day market pause. The move followed a new debt exchange offer tied to its pending Qorvo merger and updated SEC filings with combined financials. Qorvo rose 8.9%, Qualcomm 11.6%. Skyworks warned the Qorvo deal could be delayed or fail if closing conditions are not met.
23 May 2026
····
Dell Hits All-Time High, Faces Next Hurdle

Dell Hits All-Time High, Faces Next Hurdle

Dell shares surged 16.77% to a record $295.19 on Friday after analyst upgrades and investor bets on AI server demand. The stock will not trade again until Tuesday due to the Memorial Day holiday. Dell reports fiscal first-quarter results May 28. CEO Michael Dell highlighted over 5,000 customers using its AI Factory with Nvidia at the company’s annual event.
23 May 2026
··
Micron slips in New York; memory push keeps focus on AI signal

Micron slips in New York; memory push keeps focus on AI signal

Micron shares fell 1.46% to $751.00 Friday after the company began 1-alpha DRAM production at its Manassas, Virginia, plant. The move came amid a volatile week for memory-chip stocks, with Samsung labor news and AI demand influencing trading. U.S. Trade Representative Jamieson Greer said no immediate semiconductor tariffs are planned. U.S. markets will close Monday for Memorial Day.
23 May 2026
····
Joby Aviation Up 5% as Air-Taxi Timeline Gets Focus

Joby Aviation Up 5% as Air-Taxi Timeline Gets Focus

Joby Aviation shares closed up 5% at $10.92 Friday, with trading volume above average ahead of the Memorial Day market pause. The company reported its first FAA-conforming aircraft had flown and ended March with $2.5 billion in cash, but posted a $110 million net loss on $24 million in quarterly revenue. Joby targets its first passenger flights in 2026.
22 May 2026
···
Super Micro shares rise 6% on the day as company faces new China export probe

Super Micro shares rise 6% on the day as company faces new China export probe

Super Micro Computer shares climbed 6.3% to $35.58 Friday despite Taiwanese prosecutors opening a probe into suspected illegal exports of its AI servers to China. About 39 million shares traded after Nvidia’s strong results fueled optimism for AI hardware. U.S. stocks broadly rose, with the Dow closing at a record. Super Micro projected up to $12.5 billion in fiscal Q4 revenue and said supplier allocations remain steady.
22 May 2026
···
HPE Shares Gain Ahead of Earnings as Wall Street Pushes AI Hardware

HPE Shares Gain Ahead of Earnings as Wall Street Pushes AI Hardware

Hewlett Packard Enterprise shares climbed 9.9% to $37.33 in Friday trading, leading a surge in hardware and networking stocks ahead of its June 1 earnings call. Analysts cited strong demand for AI infrastructure and networking gear, but flagged risks around valuation and memory-chip costs. Dell and HP Inc. also posted double-digit gains. HPE was named a Leader in Gartner’s 2026 Magic Quadrant for enterprise networking.
22 May 2026
····
Virgin Galactic climbs as SpaceX IPO speculation sparks interest in space stocks

Virgin Galactic climbs as SpaceX IPO speculation sparks interest in space stocks

Virgin Galactic shares climbed about 18% to $3.25 Friday, with trading volume nearly triple the average, as investors bought space stocks after reports of a possible SpaceX IPO. The stock extended Thursday’s 11% gain. Virgin Galactic continues to face significant cash-burn and financing risk while preparing for flight testing later this year. First-quarter results showed a $65 million net loss and negative free cash flow.
22 May 2026
·······
BlackBerry Jumps 17% After QNX and Security Update

BlackBerry Jumps 17% After QNX and Security Update

BlackBerry Ltd. shares surged over 16% Friday, hitting 52-week highs in Toronto and New York, with Toronto-listed shares reaching CA$10.93. Trading volume in Toronto neared the stock’s average, with 4.65 million shares exchanged. The rally followed news that BlackBerry’s AtHoc platform completed 2026 Class D FedRAMP recertification. No new contract awards were disclosed.
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
······
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
···
1 2 3 … 222

Stock Market Today

  • Crude Oil Prices Rise Amid Strait of Hormuz Closure and Geopolitical Tensions
    May 23, 2026, 6:17 PM EDT. Crude oil prices rebounded on Friday, with July WTI crude closing up 0.26% and RBOB gasoline rising 2.31%. The ongoing closure of the Strait of Hormuz, a critical shipping route for about 20% of the world's oil and liquefied natural gas, due to US-Iran conflicts, is disrupting global supplies and supporting higher prices. Despite slight progress in peace talks, significant disagreements linger, notably Iran's refusal to send enriched uranium abroad. Additional geopolitical risks include Pakistan's military deployment to Saudi Arabia and drone attacks on UAE and Saudi energy facilities. The International Energy Agency warns the oil market remains "severely undersupplied," and Goldman Sachs estimates a 14.5 million barrels per day output cut in the Persian Gulf. OPEC plans to continue raising production quotas, aiming to restore halted output by September's end.

Latest articles

Investors Eye May 16 After Turbulent Week for Planet Labs

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

24 May 2026
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.
3M Stock Outperformed Dow Decline; Eyes on This Week’s Test

3M Shares Jump During Holiday Week. What Traders Are Watching Now

24 May 2026
3M shares closed Friday at $152.44, up 0.6% for the day and 4.3% for the week, as the Dow hit a new intraday record before the Memorial Day break. The company declared a $0.78 quarterly dividend, payable June 12 to shareholders of record as of May 22. 3M’s first-quarter adjusted EPS rose 14% to $2.14, but executives warned of higher annual costs from oil prices and tariffs.
Johnson & Johnson Shares Drop Friday, Week Ahead in Focus

Johnson & Johnson stock trades higher ahead of Memorial Day: Eyes on next moves for JNJ

23 May 2026
Johnson & Johnson shares closed at $234.34 Friday, up 1.13% for the day and 3.4% for the week. The gains followed China’s approval of J&J’s nipocalimab for generalized myasthenia gravis and news of a digital surgery partnership in Abu Dhabi. U.S. markets are closed Monday for Memorial Day; J&J management is set to speak at a Bernstein conference Wednesday.
Go toTop