Technology 20 May 2026

Navitas Jumps Again as Next AI Power Trade Test Hits

Navitas Semiconductor shares rose again on Thursday. The power-chip maker extended its rally as investors shrugged off a routine conference announcement and continued to buy into its AI data-center power angle.

21 May 2026

Artificial Intelligence·NASDAQ:NVTS·Technology

Micron Beats Market as Samsung Deal Lifts Shares

Micron Technology shares traded higher on Thursday, outperforming as buyers stayed with the memory-chip stock. This came after Samsung Electronics struck a late labor agreement that helped ease worries over another supply disruption.

21 May 2026

KRX:005930·NASDAQ:MU·Semiconductors·Stock Market·Technology

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. surged 18.1% at midday Thursday, picking up new buyers after SpaceX’s IPO filing brought attention to one of the fund’s largest holdings. DXYZ last traded at $57.40, pulling back from a high of $58.56. The SPDR S&P 500 ETF and Invesco QQQ both edged lower.

21 May 2026

IPO News·NASDAQ:DXYZ·Space Industry·Stock Market·Technology

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

IREN Limited shares climbed on Thursday, extending a volatile rebound as investors kept buying into the company’s push from bitcoin mining into AI cloud infrastructure after a string of Nvidia-linked announcements.

21 May 2026

Artificial Intelligence·NASDAQ:IREN·Stock Market·Technology

Nvidia Shares Flat After Big Earnings Beat as Street Looks for More

Nvidia was flat before the U.S. open Thursday. Premarket pricing put the stock at $223.29, down 0.08%. The chipmaker put out a $91 billion revenue forecast for the second quarter and said it would boost cash returned to shareholders. The numbers were strong but shares saw little move.

21 May 2026

Earnings Reports·NASDAQ:NVDA·NVIDIA·Stock Market·Technology

Snowflake Heads Toward $205 BofA Level Before Earnings Next Week

Snowflake shares fell Thursday morning after a strong move ahead of earnings. Investors had Bank of America’s upbeat call to consider, but Wall Street sentiment stayed mixed on the cloud data name. The stock last traded at $166.97, down roughly 1.5%.

21 May 2026

Artificial Intelligence·Earnings Reports·NYSE:SNOW·Stock Market·Technology

Intel stock rebounds as chip optimism builds on Wall Street

Intel shares jumped 7.4% to $118.96 in recent trading, pulling higher with other chip stocks as investors moved back into artificial-intelligence names around Nvidia’s results. That values Intel at roughly $604.7 billion.

21 May 2026

NASDAQ:INTC·Semiconductors·Stock Market·Technology

Morgan Stanley Restricts iPhones to Mainland China Models as Wall Street Eyes China Risk

Morgan Stanley is telling bankers in Hong Kong to use separate iPhones and iPads when they travel on business to mainland China, moving to handle China data risk as a practical matter instead of a policy fight. The firm brought in the China-only device rule over the last few months, according to Reuters, which cited a source with direct knowledge.

21 May 2026

NYSE:MS·Technology

AEVEX Stock Jumps After Hours as Drone Maker Posts 307% Revenue Surge and New Air Force Deal

AEVEX Corp. shares jumped more than 10% in after-hours trading on Wednesday after the drone maker reported a sharp first-quarter profit swing and announced new U.S. Air Force contracts. The stock had closed regular New York Stock Exchange trading down 0.23% at $26.27 before the late move.

21 May 2026

Drones·NYSE:AEVX·Technology

MicroAlgo Shares Surge 40% as Quantum Release Drives MLGO Spike

MicroAlgo Inc. stock surged 39.95% Wednesday after the Shenzhen-based algorithm developer announced a proposed quantum image edge-extraction algorithm for noisy images. The news fueled heavy trading in MLGO, a small-cap name known for big swings. Shares finished the day at $5.36 after hitting $6.87 earlier, then dipped to $5.22 in after-hours trading, which means trades after the closing bell.

20 May 2026

NASDAQ:MLGO·Quantum Computing·Stock Market·Technology

AT&T Shares Fall as Fiber Expansion, Cash Vow, Satellite Strategy Under Scrutiny

AT&T Inc. traded lower Wednesday afternoon while chips led gains elsewhere on Wall Street. The phone company repeated its cash-flow goals, but investors still faced concerns over stiffer competition in broadband and wireless. Shares were off roughly 0.3% to $24.91, after rising earlier to $25.27.

20 May 2026

NYSE:T·Stock Market·Technology

Rivian Stock Pops as R2 Ramp Gives Traders a New Reason to Look Again

Rivian Automotive shares rose about 4.4% in Wednesday afternoon trading, rebounding to $13.465 as investors turned back to the electric-vehicle maker’s R2 launch and a fresh production update from Illinois. The stock opened at $13.07, touched $13.62 and traded about 24.1 million shares.

20 May 2026

Electric Vehicles·NASDAQ:RIVN·Stock Market·Technology

BlackBerry Stock Nears Highs as Traders Eye Government Moves

BlackBerry Ltd’s U.S.-listed shares rose on Wednesday, staying close to year highs, after the company said its AtHoc crisis-communications software renewed key U.S. government cloud-security approval.

20 May 2026

NYSE:BB·Technology

Super Micro Stock Gains Almost 10% With SMCI Up in AI-Server Rally

Super Micro Computer shares gained as much as 9.3% to $33.40 in midday trade Wednesday, lifted by a rally across AI hardware stocks before Nvidia reports earnings after the close. SMCI hit $33.71 earlier, ahead of Nvidia, Dell and Hewlett Packard Enterprise in percentage gains.

20 May 2026

Artificial Intelligence·NASDAQ:SMCI·Stock Market·Technology

POET Technologies Jumps After $400M AI Photonics Raise, Dilution Questions Linger

POET Technologies Inc. shares rose early Wednesday on the Nasdaq. The move comes after investors sold the stock on dilution worries linked to its new US$400 million financing, which has now closed. POET was last up around 11% to $14.55, after opening at $14.70. The stock traded as high as $15.21 earlier in the session.

20 May 2026

Artificial Intelligence·NASDAQ:POET·Stock Market·Technology

Nokia’s U.S. Broadband Order Arrives While AI-Driven Gains Test Supply Chain

Nokia shares in Helsinki gained Wednesday, last at 11.98 euros, up 3.37% at 16:17 EEST, per the company’s investor page. Nasdaq Helsinki trades from 10:00 to 18:25 EEST.

20 May 2026

NYSE:NOK·Technology

Analog Devices heads into AI test after record quarter, $1.5 billion deal

Analog Devices gave an upbeat revenue forecast Wednesday and said it would buy Empower Semiconductor for $1.5 billion in cash. The guidance came in ahead of Wall Street targets and the deal adds to signs the AI push is moving into power chips and sensors too.

20 May 2026

Artificial Intelligence·Earnings Reports·NASDAQ:ADI·Stock Market·Technology

Meta kicks off 4 a.m. layoff emails as AI drive leads to 8,000 job cuts

Meta Platforms started sending layoff notices to employees early Wednesday, kicking off a planned reduction of about 10% of its global workforce, or close to 8,000 jobs. The company, which owns Facebook and Instagram, is moving staff and budgets toward artificial intelligence. Layoff notifications went out in waves starting at 4 a.m. local time in different regions. U.S. workers were told to stay home, according to Business Insider.

20 May 2026

Artificial Intelligence·NASDAQ:META·Technology

Dow edges up while Nasdaq falls as bond worries drag on

Futures Edge Higher Ahead of Nvidia Earnings as Wall Street Watches Key Report

Stock index futures in the U.S. moved higher early Wednesday, with tech futures leading gains as traders waited for Nvidia’s earnings. Investors want to see if the AI trade can help Wall Street recover after three days of losses. Index futures trade ahead of the opening bell and indicate where the major indexes may start the day.

20 May 2026

Earnings Reports·NASDAQ:NVDA·Stock Market·Technology

San Antonio’s New Battery Bet Comes Just as CPS Outages Get Longer

OCI Energy and CPS Energy have started construction on a 120-megawatt battery storage project in southeastern Bexar County, moving a long-planned grid resource into the build phase as San Antonio’s public utility deals with longer outages and rising power demand. The Alamo City Battery Energy Storage System, or BESS, is meant to charge when power is available and discharge when electricity demand is high.

20 May 2026

Energy·NYSE:LGES·Technology

Technology 20 May 2026 - 21 May 2026